DANCING HEIDELICHT: 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.
DANCING HEIDELICHT
Largest movements
- Stocks and contracts +€2,114
new in 2025: €2,114
- Receivables within one year -€2,000
no longer reported in 2025 (was €2,000)
- Cash -€1,678
down €1,678 (-34.2%), from €4,913 to €3,235
mainly Tax, wage and social debts (-€2,695) and Stocks and contracts (-€2,114)
- Tangible fixed assets -€784
down €784 (-23.8%), from €3,291 to €2,506
- Tax, wage and social debts -€2,695
down €2,695 (-34.8%), from €7,734 to €5,039
of which Remuneration and social security: -€1,396
- Other debts +€1,739
up €1,739 (+129%), from €1,345 to €3,084
- Trade debts -€1,187
down €1,187 (-25.0%), from €4,759 to €3,572
- Profit (loss) carried forward -€205
down €205 (-0.6%), from -€34,755 to -€34,959
- Gross operating margin -€6,487
down €6,487 (-15.1%), from €43,052 to €36,565
- Financial income -€2,278
down €2,278 (-91.4%), from €2,494 to €215
- Staff costs -€1,744
down €1,744 (-5.9%), from €29,765 to €28,021
- Other operating charges -€1,482
down €1,482 (-17.2%), from €8,640 to €7,157
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 | €18,320 | €15,972 | -€2,348 | -12.8% |
| Fixed assets | 21/28 | €11,408 | €10,623 | -€784 | -6.9% |
| Tangible fixed assets | 22/27 | €3,291 | €2,506 | -€784 | -23.8% |
| Land and buildings | 22 | €3,291 | €2,506 | -€784 | -23.8% |
| Financial fixed assets | 28 | €8,117 | €8,117 | = | 0.0% |
| Current assets | 29/58 | €6,913 | €5,349 | -€1,564 | -22.6% |
| Stocks and contracts in progress | 3 | - | €2,114 | +€2,114 | |
| Stocks | 30/36 | - | €2,114 | +€2,114 | |
| Amounts receivable within one year | 40/41 | €2,000 | - | -€2,000 | |
| Trade receivables | 40 | €2,000 | - | -€2,000 | |
| Cash at bank and in hand | 54/58 | €4,913 | €3,235 | -€1,678 | -34.2% |
| Total equity and liabilities | 10/49 | €18,320 | €15,972 | -€2,348 | -12.8% |
| Equity | 10/15 | -€13,517 | -€13,722 | -€205 | -1.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,237 | €1,237 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,237 | €1,237 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,237 | €1,237 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€34,755 | -€34,959 | -€205 | -0.6% |
| Amounts payable | 17/49 | €31,838 | €29,694 | -€2,143 | -6.7% |
| Amounts payable after more than one year | 17 | €18,000 | €18,000 | = | 0.0% |
| Financial debts | 170/4 | €18,000 | €18,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €13,838 | €11,694 | -€2,143 | -15.5% |
| Trade debts | 44 | €4,759 | €3,572 | -€1,187 | -25.0% |
| Suppliers | 440/4 | €4,759 | €3,572 | -€1,187 | -25.0% |
| Taxes, remuneration and social security | 45 | €7,734 | €5,039 | -€2,695 | -34.8% |
| Taxes | 450/3 | €5,118 | €3,819 | -€1,299 | -25.4% |
| Remuneration and social security | 454/9 | €2,616 | €1,220 | -€1,396 | -53.4% |
| Other amounts payable | 47/48 | €1,345 | €3,084 | +€1,739 | +129% |
| Remuneration, social security and pensions | 62 | €29,765 | €28,021 | -€1,744 | -5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,001 | €784 | -€216 | -21.6% |
| Other operating charges | 640/8 | €8,640 | €7,157 | -€1,482 | -17.2% |
| Gross operating margin | 9900 | €43,052 | €36,565 | -€6,487 | -15.1% |
| Operating profit (loss) | 9901 | €3,647 | €603 | -€3,044 | -83.5% |
| Financial income | 75/76B | €2,494 | €215 | -€2,278 | -91.4% |
| Recurring financial income | 75 | €2,494 | €215 | -€2,278 | -91.4% |
| Financial charges | 65/66B | €1,176 | €1,024 | -€153 | -13.0% |
| Recurring financial charges | 65 | €1,176 | €1,024 | -€153 | -13.0% |
| Profit (loss) for the period before taxes | 9903 | €4,965 | -€205 | -€5,170 | |
| Profit (loss) for the period | 9904 | €4,965 | -€205 | -€5,170 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,965 | -€205 | -€5,170 |
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 17 October 2026 via checked.be.