HeadinMotion: what changed
Two fiscal 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.
HeadinMotion
Largest movements
- Receivables within one year +€17,725
up €17,725 (+61.2%), from €28,965 to €46,690
of which Trade receivables: +€25,327
- Receivables after one year -€12,977
down €12,977 (-9.8%), from €132,000 to €119,023
- Intangible fixed assets -€10,760
down €10,760 (-17.9%), from €60,077 to €49,317
- Trade debts -€16,156
down €16,156 (-48.0%), from €33,677 to €17,521
- Profit (loss) carried forward +€10,159
up €10,159 (+5.8%), from €176,308 to €186,467
- Current portion of long-term debt -€5,563
no longer reported in 2025 (was €5,563)
- Tax, wage and social debts +€3,599
up €3,599 (+110.6%), from €3,254 to €6,853
- Financial charges -€7,461
down €7,461 (-96.9%), from €7,699 to €238
- Gross operating margin +€2,776
up €2,776 (+11.4%), from €24,358 to €27,134
- Taxes +€982
up €982 (+56.0%), from €1,754 to €2,736
- Other operating charges +€769
up €769 (+31.1%), from €2,473 to €3,242
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 | €238,035 | €231,719 | -€6,316 | -2.7% |
| Fixed assets | 21/28 | €76,766 | €66,006 | -€10,760 | -14.0% |
| Intangible fixed assets | 21 | €60,077 | €49,317 | -€10,760 | -17.9% |
| Tangible fixed assets | 22/27 | €16,639 | €16,639 | = | 0.0% |
| Other tangible fixed assets | 26 | €16,639 | €16,639 | = | 0.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €161,269 | €165,713 | +€4,444 | +2.8% |
| Amounts receivable after more than one year | 29 | €132,000 | €119,023 | -€12,977 | -9.8% |
| Other amounts receivable | 291 | €132,000 | €119,023 | -€12,977 | -9.8% |
| Amounts receivable within one year | 40/41 | €28,965 | €46,690 | +€17,725 | +61.2% |
| Trade receivables | 40 | €6,562 | €31,888 | +€25,327 | +386.0% |
| Other amounts receivable | 41 | €22,403 | €14,801 | -€7,602 | -33.9% |
| Cash at bank and in hand | 54/58 | €0 | - | = | |
| Deferred charges and accrued income | 490/1 | €304 | - | -€304 | |
| Total equity and liabilities | 10/49 | €238,035 | €231,719 | -€6,316 | -2.7% |
| Equity | 10/15 | €192,268 | €202,427 | +€10,159 | +5.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | - | -€6,200 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €12,400 | - | -€12,400 | |
| Outside capital | 11 | - | €6,200 | +€6,200 | |
| Other | 1109/19 | - | €6,200 | +€6,200 | |
| Reserves | 13 | €9,760 | €9,760 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Tax-exempt reserves | 132 | €7,900 | €7,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | €176,308 | €186,467 | +€10,159 | +5.8% |
| Amounts payable | 17/49 | €45,768 | €29,292 | -€16,476 | -36.0% |
| Amounts payable within one year | 42/48 | €45,768 | €29,292 | -€16,476 | -36.0% |
| Current portion of amounts payable after more than one year | 42 | €5,563 | - | -€5,563 | |
| Financial debts | 43 | €3,275 | €4,919 | +€1,644 | +50.2% |
| Credit institutions | 430/8 | €3,275 | €4,919 | +€1,644 | +50.2% |
| Trade debts | 44 | €33,677 | €17,521 | -€16,156 | -48.0% |
| Suppliers | 440/4 | €33,677 | €17,521 | -€16,156 | -48.0% |
| Taxes, remuneration and social security | 45 | €3,254 | €6,853 | +€3,599 | +110.6% |
| Taxes | 450/3 | €3,254 | €6,853 | +€3,599 | +110.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,760 | €10,760 | = | 0.0% |
| Other operating charges | 640/8 | €2,473 | €3,242 | +€769 | +31.1% |
| Gross operating margin | 9900 | €24,358 | €27,134 | +€2,776 | +11.4% |
| Operating profit (loss) | 9901 | €11,125 | €13,133 | +€2,008 | +18.0% |
| Financial charges | 65/66B | €7,699 | €238 | -€7,461 | -96.9% |
| Recurring financial charges | 65 | €7,699 | €238 | -€7,461 | -96.9% |
| Profit (loss) for the period before taxes | 9903 | €3,426 | €12,895 | +€9,469 | +276.4% |
| Income taxes | 67/77 | €1,754 | €2,736 | +€982 | +56.0% |
| Profit (loss) for the period | 9904 | €1,673 | €10,159 | +€8,487 | +507.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,673 | €10,159 | +€8,487 | +507.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.