Harald HECK: what changed
Harald HECK
Largest movements
- Tangible fixed assets -€33,938
down €33,938 (-10.3%), from €330,542 to €296,604
of which Furniture and vehicles: -€20,102
- Cash +€5,088
up €5,088 (+14.0%), from €36,318 to €41,406
mainly Depreciation (+€43,350) and Net result for the year (+€4,845)
- Debts after one year -€26,500
down €26,500 (-16.1%), from €164,625 to €138,125
of which Financial debts: -€16,500
- Trade debts -€12,756
down €12,756 (-61.6%), from €20,716 to €7,960
- Profit (loss) carried forward +€4,845
up €4,845 (+2.7%), from €180,071 to €184,916
- Other debts +€4,573
up €4,573 (+1,308%), from €349 to €4,922
- Gross operating margin +€16,399
up €16,399 (+37.9%), from €43,249 to €59,649
- Financial income -€1,101
down €1,101 (-96.9%), from €1,136 to €35
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €395,159 | €365,320 | -€29,839 | -7.6% |
| Fixed assets | 21/28 | €330,542 | €296,604 | -€33,938 | -10.3% |
| Tangible fixed assets | 22/27 | €330,542 | €296,604 | -€33,938 | -10.3% |
| Land and buildings | 22 | €272,495 | €258,659 | -€13,836 | -5.1% |
| Furniture and vehicles | 24 | €58,047 | €37,945 | -€20,102 | -34.6% |
| Current assets | 29/58 | €64,617 | €68,716 | +€4,099 | +6.3% |
| Amounts receivable within one year | 40/41 | €22,818 | €21,795 | -€1,023 | -4.5% |
| Trade receivables | 40 | €16,440 | €13,220 | -€3,220 | -19.6% |
| Other amounts receivable | 41 | €6,378 | €8,575 | +€2,197 | +34.4% |
| Current investments | 50/53 | €5,481 | €5,515 | +€35 | +0.6% |
| Cash at bank and in hand | 54/58 | €36,318 | €41,406 | +€5,088 | +14.0% |
| Total equity and liabilities | 10/49 | €395,159 | €365,320 | -€29,839 | -7.6% |
| Equity | 10/15 | €192,968 | €197,813 | +€4,845 | +2.5% |
| Contributions | 10/11 | €6,800 | €6,800 | = | 0.0% |
| Reserves | 13 | €6,097 | €6,097 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,097 | €6,097 | = | 0.0% |
| Profit (loss) carried forward | 14 | €180,071 | €184,916 | +€4,845 | +2.7% |
| Amounts payable | 17/49 | €202,190 | €167,507 | -€34,683 | -17.2% |
| Amounts payable after more than one year | 17 | €164,625 | €138,125 | -€26,500 | -16.1% |
| Financial debts | 170/4 | €64,625 | €48,125 | -€16,500 | -25.5% |
| Other amounts payable | 178/9 | €100,000 | €90,000 | -€10,000 | -10.0% |
| Amounts payable within one year | 42/48 | €37,565 | €29,382 | -€8,183 | -21.8% |
| Current portion of amounts payable after more than one year | 42 | €16,500 | €16,500 | = | 0.0% |
| Trade debts | 44 | €20,716 | €7,960 | -€12,756 | -61.6% |
| Suppliers | 440/4 | €20,716 | €7,960 | -€12,756 | -61.6% |
| Other amounts payable | 47/48 | €349 | €4,922 | +€4,573 | +1,308% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,753 | €43,350 | -€403 | -0.9% |
| Other operating charges | 640/8 | €8,485 | €8,006 | -€479 | -5.6% |
| Gross operating margin | 9900 | €43,249 | €59,649 | +€16,399 | +37.9% |
| Operating profit (loss) | 9901 | -€8,988 | €8,293 | +€17,281 | |
| Financial income | 75/76B | €1,136 | €35 | -€1,101 | -96.9% |
| Recurring financial income | 75 | €1,136 | €35 | -€1,101 | -96.9% |
| Financial charges | 65/66B | €3,478 | €3,605 | +€127 | +3.7% |
| Recurring financial charges | 65 | €3,478 | €3,605 | +€127 | +3.7% |
| Profit (loss) for the period before taxes | 9903 | -€11,330 | €4,723 | +€16,053 | |
| Income taxes | 67/77 | €296 | -€122 | -€418 | |
| Profit (loss) for the period | 9904 | -€11,626 | €4,845 | +€16,471 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,626 | €4,845 | +€16,471 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.