AN HEYMANS: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
AN HEYMANS
Largest movements
- Receivables within one year +€146,993
up €146,993 (+622%), from €23,620 to €170,613
of which Other amounts receivable: +€153,137
- Cash +€89,305
up €89,305 (+60.4%), from €147,788 to €237,094
mainly Net result for the year (+€173,529) and Tax, wage and social debts (+€42,245)
- Reserves +€173,529
up €173,529 (+127%), from €136,702 to €310,231
- Tax, wage and social debts +€42,245
up €42,245 (+106%), from €39,800 to €82,046
- Trade debts +€21,877
up €21,877 (+191%), from €11,462 to €33,339
- Gross operating margin +€114,086
up €114,086 (+97.0%), from €117,590 to €231,676
- Taxes +€28,052
up €28,052 (+113%), from €24,785 to €52,837
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €190,964 | €428,616 | +€237,652 | +124% |
| Fixed assets | 21/28 | €18,405 | €20,910 | +€2,505 | +13.6% |
| Intangible fixed assets | 21 | €396 | €46 | -€350 | -88.4% |
| Tangible fixed assets | 22/27 | €18,009 | €20,864 | +€2,855 | +15.9% |
| Plant, machinery and equipment | 23 | €8,191 | €6,101 | -€2,090 | -25.5% |
| Furniture and vehicles | 24 | €1,834 | €858 | -€976 | -53.2% |
| Other tangible fixed assets | 26 | €7,983 | €13,904 | +€5,921 | +74.2% |
| Current assets | 29/58 | €172,559 | €407,706 | +€235,147 | +136% |
| Amounts receivable within one year | 40/41 | €23,620 | €170,613 | +€146,993 | +622% |
| Trade receivables | 40 | €14,131 | €7,986 | -€6,145 | -43.5% |
| Other amounts receivable | 41 | €9,489 | €162,627 | +€153,137 | +1,614% |
| Cash at bank and in hand | 54/58 | €147,788 | €237,094 | +€89,305 | +60.4% |
| Deferred charges and accrued income | 490/1 | €1,151 | - | -€1,151 | |
| Total equity and liabilities | 10/49 | €190,964 | €428,616 | +€237,652 | +124% |
| Equity | 10/15 | €139,702 | €313,231 | +€173,529 | +124% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €136,702 | €310,231 | +€173,529 | +127% |
| Distributable reserves | 133 | €136,702 | €310,231 | +€173,529 | +127% |
| Amounts payable | 17/49 | €51,262 | €115,385 | +€64,123 | +125% |
| Amounts payable within one year | 42/48 | €51,262 | €115,385 | +€64,123 | +125% |
| Trade debts | 44 | €11,462 | €33,339 | +€21,877 | +191% |
| Suppliers | 440/4 | €11,462 | €33,339 | +€21,877 | +191% |
| Taxes, remuneration and social security | 45 | €39,800 | €82,046 | +€42,245 | +106% |
| Taxes | 450/3 | €39,800 | €82,046 | +€42,245 | +106% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,750 | €5,969 | +€1,219 | +25.7% |
| Other operating charges | 640/8 | €168 | €170 | +€2 | +1.2% |
| Gross operating margin | 9900 | €117,590 | €231,676 | +€114,086 | +97.0% |
| Operating profit (loss) | 9901 | €112,672 | €225,537 | +€112,865 | +100% |
| Financial income | 75/76B | €0 | €907 | +€906 | +824,082% |
| Recurring financial income | 75 | €0 | €907 | +€906 | +824,082% |
| Financial charges | 65/66B | - | €78 | +€78 | |
| Recurring financial charges | 65 | - | €78 | +€78 | |
| Profit (loss) for the period before taxes | 9903 | €112,672 | €226,366 | +€113,694 | +101% |
| Income taxes | 67/77 | €24,785 | €52,837 | +€28,052 | +113% |
| Profit (loss) for the period | 9904 | €87,887 | €173,529 | +€85,642 | +97.4% |
| Profit (loss) for the period to be appropriated | 9905 | €87,887 | €173,529 | +€85,642 | +97.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.