DE HEYLIGE: 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 HEYLIGE
Largest movements
- Tangible fixed assets -€35,565
down €35,565 (-18.0%), from €197,885 to €162,320
of which Other tangible fixed assets: -€26,344
- Debts after one year -€21,949
down €21,949 (-14.4%), from €152,164 to €130,215
- Tax, wage and social debts -€6,392
down €6,392 (-42.0%), from €15,233 to €8,841
of which Taxes: -€4,723
- Trade debts -€6,264
down €6,264 (-35.5%), from €17,623 to €11,359
- Current portion of long-term debt -€2,758
down €2,758 (-11.2%), from €24,707 to €21,949
- Profit (loss) carried forward +€2,452
up €2,452 (+8.0%), from -€30,619 to -€28,167
- Gross operating margin +€20,754
up €20,754 (+51.9%), from €39,981 to €60,735
- Staff costs +€15,149
new in 2025: €15,149
- Other operating charges -€2,434
down €2,434 (-51.1%), from €4,765 to €2,331
- Financial charges -€993
down €993 (-16.3%), from €6,093 to €5,099
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 | €222,305 | €186,207 | -€36,097 | -16.2% |
| Fixed assets | 21/28 | €198,035 | €162,470 | -€35,565 | -18.0% |
| Tangible fixed assets | 22/27 | €197,885 | €162,320 | -€35,565 | -18.0% |
| Plant, machinery and equipment | 23 | €2,370 | €1,263 | -€1,107 | -46.7% |
| Furniture and vehicles | 24 | €10,233 | €6,407 | -€3,827 | -37.4% |
| Leasing and similar rights | 25 | €4,288 | - | -€4,288 | |
| Other tangible fixed assets | 26 | €180,994 | €154,651 | -€26,344 | -14.6% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €24,270 | €23,737 | -€533 | -2.2% |
| Stocks and contracts in progress | 3 | €6,855 | €6,139 | -€717 | -10.5% |
| Stocks | 30/36 | €6,855 | €6,139 | -€717 | -10.5% |
| Amounts receivable within one year | 40/41 | €4,145 | €3,945 | -€199 | -4.8% |
| Trade receivables | 40 | €2,696 | €1,965 | -€731 | -27.1% |
| Other amounts receivable | 41 | €1,449 | €1,980 | +€531 | +36.7% |
| Cash at bank and in hand | 54/58 | €12,876 | €13,478 | +€602 | +4.7% |
| Deferred charges and accrued income | 490/1 | €394 | €175 | -€219 | -55.5% |
| Total equity and liabilities | 10/49 | €222,305 | €186,207 | -€36,097 | -16.2% |
| Equity | 10/15 | -€12,019 | -€9,567 | +€2,452 | +20.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,619 | -€28,167 | +€2,452 | +8.0% |
| Amounts payable | 17/49 | €234,324 | €195,774 | -€38,549 | -16.5% |
| Amounts payable after more than one year | 17 | €152,164 | €130,215 | -€21,949 | -14.4% |
| Financial debts | 170/4 | €152,164 | €130,215 | -€21,949 | -14.4% |
| Amounts payable within one year | 42/48 | €78,602 | €60,922 | -€17,680 | -22.5% |
| Current portion of amounts payable after more than one year | 42 | €24,707 | €21,949 | -€2,758 | -11.2% |
| Trade debts | 44 | €17,623 | €11,359 | -€6,264 | -35.5% |
| Suppliers | 440/4 | €17,623 | €11,359 | -€6,264 | -35.5% |
| Taxes, remuneration and social security | 45 | €15,233 | €8,841 | -€6,392 | -42.0% |
| Taxes | 450/3 | €9,933 | €5,210 | -€4,723 | -47.5% |
| Remuneration and social security | 454/9 | €5,300 | €3,631 | -€1,669 | -31.5% |
| Other amounts payable | 47/48 | €21,039 | €18,773 | -€2,266 | -10.8% |
| Accrued charges and deferred income | 492/3 | €3,558 | €4,637 | +€1,079 | +30.3% |
| Remuneration, social security and pensions | 62 | - | €15,149 | +€15,149 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,114 | €35,565 | +€451 | +1.3% |
| Other operating charges | 640/8 | €4,765 | €2,331 | -€2,434 | -51.1% |
| Gross operating margin | 9900 | €39,981 | €60,735 | +€20,754 | +51.9% |
| Operating profit (loss) | 9901 | €102 | €7,690 | +€7,588 | +7,464% |
| Financial income | 75/76B | €9 | €2 | -€7 | -76.7% |
| Recurring financial income | 75 | €9 | €2 | -€7 | -76.7% |
| Financial charges | 65/66B | €6,093 | €5,099 | -€993 | -16.3% |
| Recurring financial charges | 65 | €6,093 | €5,099 | -€993 | -16.3% |
| Profit (loss) for the period before taxes | 9903 | -€5,982 | €2,593 | +€8,575 | |
| Income taxes | 67/77 | €140 | €141 | +€1 | +1.0% |
| Profit (loss) for the period | 9904 | -€6,122 | €2,452 | +€8,573 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,122 | €2,452 | +€8,573 |
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 18 October 2026 via checked.be.