DE HEIKENS: 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.
DE HEIKENS
Largest movements
- Receivables within one year -€101,508
down €101,508 (-40.4%), from €251,508 to €150,000
of which Trade receivables: -€101,493
- Tangible fixed assets +€50,803
up €50,803 (+2.8%), from €1.8m to €1.9m
of which Land and buildings: +€49,451
- Other debts -€44,252
down €44,252 (-4.4%), from €995,237 to €950,986
- Gross operating margin -€3,710
down €3,710 (-8.5%), from €43,522 to €39,812
- Depreciation +€2,990
up €2,990 (+6.1%), from €49,377 to €52,367
- Other operating charges -€646
down €646 (-13.5%), from €4,774 to €4,128
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.
Cash bridge derived
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 | €2,098,423 | €2,038,641 | -€59,782 | -2.8% |
| Fixed assets | 21/28 | €1,826,071 | €1,876,874 | +€50,803 | +2.8% |
| Tangible fixed assets | 22/27 | €1,825,671 | €1,876,474 | +€50,803 | +2.8% |
| Land and buildings | 22 | €1,820,996 | €1,870,447 | +€49,451 | +2.7% |
| Plant, machinery and equipment | 23 | €4,029 | €5,808 | +€1,779 | +44.2% |
| Furniture and vehicles | 24 | €646 | €219 | -€428 | -66.2% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €272,352 | €161,767 | -€110,585 | -40.6% |
| Amounts receivable within one year | 40/41 | €251,508 | €150,000 | -€101,508 | -40.4% |
| Trade receivables | 40 | €251,493 | €150,000 | -€101,493 | -40.4% |
| Other amounts receivable | 41 | €15 | €0 | -€15 | -100.0% |
| Cash at bank and in hand | 54/58 | €20,129 | €11,688 | -€8,441 | -41.9% |
| Deferred charges and accrued income | 490/1 | €715 | €80 | -€635 | -88.8% |
| Total equity and liabilities | 10/49 | €2,098,423 | €2,038,641 | -€59,782 | -2.8% |
| Equity | 10/15 | €861,559 | €852,437 | -€9,122 | -1.1% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €719,684 | €702,437 | -€17,247 | -2.4% |
| Tax-exempt reserves | 132 | €719,684 | €696,582 | -€23,102 | -3.2% |
| Distributable reserves | 133 | - | €5,855 | +€5,855 | |
| Profit (loss) carried forward | 14 | -€8,125 | €0 | +€8,125 | |
| Provisions and deferred taxes | 16 | €239,895 | €232,194 | -€7,701 | -3.2% |
| Deferred taxes | 168 | €239,895 | €232,194 | -€7,701 | -3.2% |
| Amounts payable | 17/49 | €996,969 | €954,010 | -€42,959 | -4.3% |
| Amounts payable within one year | 42/48 | €996,969 | €952,970 | -€43,999 | -4.4% |
| Trade debts | 44 | €1,162 | €185 | -€977 | -84.1% |
| Suppliers | 440/4 | €1,162 | €185 | -€977 | -84.1% |
| Taxes, remuneration and social security | 45 | €570 | €1,799 | +€1,230 | +215.9% |
| Taxes | 450/3 | €570 | €299 | -€270 | -47.5% |
| Remuneration and social security | 454/9 | - | €1,500 | +€1,500 | |
| Other amounts payable | 47/48 | €995,237 | €950,986 | -€44,252 | -4.4% |
| Accrued charges and deferred income | 492/3 | €0 | €1,040 | +€1,040 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,377 | €52,367 | +€2,990 | +6.1% |
| Other operating charges | 640/8 | €4,774 | €4,128 | -€646 | -13.5% |
| Gross operating margin | 9900 | €43,522 | €39,812 | -€3,710 | -8.5% |
| Operating profit (loss) | 9901 | -€10,630 | -€16,683 | -€6,053 | -56.9% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €150 | €140 | -€10 | -6.7% |
| Recurring financial charges | 65 | €150 | €140 | -€10 | -6.7% |
| Profit (loss) for the period before taxes | 9903 | -€10,780 | -€16,823 | -€6,043 | -56.1% |
| Transfer from deferred taxes | 780 | €7,181 | €7,701 | +€519 | +7.2% |
| Profit (loss) for the period | 9904 | -€3,598 | -€9,122 | -€5,524 | -153.5% |
| Transfer from tax-exempt reserves | 789 | €21,544 | €23,102 | +€1,558 | +7.2% |
| Profit (loss) for the period to be appropriated | 9905 | €17,946 | €13,980 | -€3,966 | -22.1% |
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 11 October 2026 via checked.be.