DAVID HEYD’nd Co: 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.
DAVID HEYD’nd Co
Largest movements
- Cash -€13,276
down €13,276 (-10.0%), from €132,421 to €119,145
mainly Net result for the year (-€6,730) and Other debts (-€5,000)
- Financial fixed assets -€8,903
down €8,903 (-49.7%), from €17,920 to €9,016
- Tangible fixed assets +€8,616
up €8,616 (+7.4%), from €116,791 to €125,407
- Profit (loss) carried forward -€6,730
down €6,730, from €2,438 to -€4,292
- Other debts -€5,000
down €5,000 (-2.7%), from €182,155 to €177,155
- Gross operating margin -€72,893
down €72,893, from €71,668 to -€1,225
- Financial charges -€2,888
down €2,888 (-96.0%), from €3,009 to €121
- Taxes -€993
no longer reported in 2025 (was €993)
- Provisions +€944
no longer reported in 2025 (was -€944)
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 | €267,371 | €253,847 | -€13,524 | -5.1% |
| Fixed assets | 21/28 | €134,710 | €134,423 | -€287 | -0.2% |
| Tangible fixed assets | 22/27 | €116,791 | €125,407 | +€8,616 | +7.4% |
| Land and buildings | 22 | €116,791 | €125,407 | +€8,616 | +7.4% |
| Financial fixed assets | 28 | €17,920 | €9,016 | -€8,903 | -49.7% |
| Current assets | 29/58 | €132,660 | €119,423 | -€13,237 | -10.0% |
| Cash at bank and in hand | 54/58 | €132,421 | €119,145 | -€13,276 | -10.0% |
| Deferred charges and accrued income | 490/1 | €240 | €279 | +€39 | +16.3% |
| Total equity and liabilities | 10/49 | €267,371 | €253,847 | -€13,524 | -5.1% |
| Equity | 10/15 | €82,453 | €75,723 | -€6,730 | -8.2% |
| Contributions | 10/11 | €80,015 | €80,015 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,438 | -€4,292 | -€6,730 | |
| Amounts payable | 17/49 | €184,917 | €178,124 | -€6,793 | -3.7% |
| Amounts payable within one year | 42/48 | €183,217 | €177,224 | -€5,993 | -3.3% |
| Trade debts | 44 | €69 | €69 | = | 0.0% |
| Suppliers | 440/4 | €69 | €69 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €993 | - | -€993 | |
| Taxes | 450/3 | €993 | - | -€993 | |
| Other amounts payable | 47/48 | €182,155 | €177,155 | -€5,000 | -2.7% |
| Accrued charges and deferred income | 492/3 | €1,700 | €900 | -€800 | -47.1% |
| Non-recurring operating income | 76A | €78,471 | - | -€78,471 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,912 | €4,078 | +€165 | +4.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€944 | - | +€944 | |
| Other operating charges | 640/8 | €1,267 | €1,307 | +€40 | +3.2% |
| Gross operating margin | 9900 | €71,668 | -€1,225 | -€72,893 | |
| Operating profit (loss) | 9901 | €67,433 | -€6,609 | -€74,042 | |
| Financial charges | 65/66B | €3,009 | €121 | -€2,888 | -96.0% |
| Recurring financial charges | 65 | €3,009 | €121 | -€2,888 | -96.0% |
| Profit (loss) for the period before taxes | 9903 | €64,424 | -€6,730 | -€71,155 | |
| Income taxes | 67/77 | €993 | - | -€993 | |
| Profit (loss) for the period | 9904 | €63,431 | -€6,730 | -€70,161 | |
| Profit (loss) for the period to be appropriated | 9905 | €63,431 | -€6,730 | -€70,161 |
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 27 October 2026 via checked.be.