DR. HEYE SAM: 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.
DR. HEYE SAM
Largest movements
- Cash +€290,915
up €290,915 (+139%), from €210,033 to €500,948
mainly Net result for the year (+€374,484) and Other debts (+€235,320)
- Intangible fixed assets -€20,000
down €20,000 (-25.0%), from €80,000 to €60,000
- Receivables within one year +€18,343
up €18,343 (+11.1%), from €165,833 to €184,176
- Other debts +€235,320
up €235,320 (+253%), from €93,008 to €328,328
- Reserves +€24,484
up €24,484 (+6.9%), from €355,109 to €379,593
- Tax, wage and social debts +€19,828
up €19,828 (+133%), from €14,902 to €34,731
- Gross operating margin +€38,089
up €38,089 (+7.7%), from €493,200 to €531,289
- Taxes +€8,926
up €8,926 (+8.0%), from €110,902 to €119,828
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 | €490,449 | €776,069 | +€285,619 | +58.2% |
| Fixed assets | 21/28 | €102,682 | €78,736 | -€23,946 | -23.3% |
| Intangible fixed assets | 21 | €80,000 | €60,000 | -€20,000 | -25.0% |
| Tangible fixed assets | 22/27 | €22,682 | €18,736 | -€3,946 | -17.4% |
| Land and buildings | 22 | €18,872 | €16,088 | -€2,784 | -14.8% |
| Furniture and vehicles | 24 | €3,810 | €2,648 | -€1,162 | -30.5% |
| Current assets | 29/58 | €387,767 | €697,333 | +€309,566 | +79.8% |
| Amounts receivable within one year | 40/41 | €165,833 | €184,176 | +€18,343 | +11.1% |
| Trade receivables | 40 | €165,833 | €184,176 | +€18,343 | +11.1% |
| Cash at bank and in hand | 54/58 | €210,033 | €500,948 | +€290,915 | +139% |
| Deferred charges and accrued income | 490/1 | €11,901 | €12,209 | +€308 | +2.6% |
| Total equity and liabilities | 10/49 | €490,449 | €776,069 | +€285,619 | +58.2% |
| Equity | 10/15 | €373,709 | €398,193 | +€24,484 | +6.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €355,109 | €379,593 | +€24,484 | +6.9% |
| Distributable reserves | 133 | €355,109 | €379,593 | +€24,484 | +6.9% |
| Amounts payable | 17/49 | €116,740 | €377,876 | +€261,136 | +224% |
| Amounts payable within one year | 42/48 | €112,043 | €368,966 | +€256,923 | +229% |
| Trade debts | 44 | €4,133 | €5,907 | +€1,775 | +42.9% |
| Suppliers | 440/4 | €4,133 | €5,907 | +€1,775 | +42.9% |
| Taxes, remuneration and social security | 45 | €14,902 | €34,731 | +€19,828 | +133% |
| Taxes | 450/3 | €14,902 | €34,731 | +€19,828 | +133% |
| Other amounts payable | 47/48 | €93,008 | €328,328 | +€235,320 | +253% |
| Accrued charges and deferred income | 492/3 | €4,697 | €8,910 | +€4,213 | +89.7% |
| Non-recurring operating income | 76A | €30,000 | - | -€30,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,903 | €23,946 | +€43 | +0.2% |
| Other operating charges | 640/8 | €910 | €725 | -€185 | -20.4% |
| Gross operating margin | 9900 | €493,200 | €531,289 | +€38,089 | +7.7% |
| Operating profit (loss) | 9901 | €468,387 | €506,618 | +€38,231 | +8.2% |
| Financial income | 75/76B | - | €25 | +€25 | |
| Recurring financial income | 75 | - | €25 | +€25 | |
| Financial charges | 65/66B | €7,508 | €12,331 | +€4,823 | +64.2% |
| Recurring financial charges | 65 | €7,508 | €12,331 | +€4,823 | +64.2% |
| Profit (loss) for the period before taxes | 9903 | €460,879 | €494,312 | +€33,433 | +7.3% |
| Income taxes | 67/77 | €110,902 | €119,828 | +€8,926 | +8.0% |
| Profit (loss) for the period | 9904 | €349,977 | €374,484 | +€24,507 | +7.0% |
| Profit (loss) for the period to be appropriated | 9905 | €349,977 | €374,484 | +€24,507 | +7.0% |
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 15 October 2026 via checked.be.