HEALTHYWALL: 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.
HEALTHYWALL
Largest movements
- Cash +€100,607
up €100,607 (+51.1%), from €196,963 to €297,571
mainly Net result for the year (+€90,371) and Trade debts (+€66,582)
- Receivables within one year +€39,534
up €39,534 (+124%), from €31,909 to €71,443
of which Trade receivables: +€31,686
- Tangible fixed assets -€12,778
down €12,778 (-25.2%), from €50,668 to €37,890
of which Furniture and vehicles: -€11,741
- Receivables after one year -€7,552
down €7,552 (-18.3%), from €41,357 to €33,805
- Reserves +€88,705
up €88,705 (+37.7%), from €235,440 to €324,145
of which Tax-exempt reserves: +€63,150
- Trade debts +€66,582
up €66,582 (+1,558%), from €4,273 to €70,855
- Advances received -€20,484
down €20,484 (-95.3%), from €21,484 to €1,000
- Current portion of long-term debt -€16,241
down €16,241 (-78.7%), from €20,641 to €4,400
- Short-term financial debts +€11,029
up €11,029 (+125%), from €8,829 to €19,858
- Gross operating margin +€165,365
up €165,365 (+103%), from €161,160 to €326,525
- Staff costs +€89,754
up €89,754 (+115%), from €77,910 to €167,664
- Taxes +€17,282
up €17,282 (+133%), from €12,993 to €30,275
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 | €326,623 | €443,726 | +€117,103 | +35.9% |
| Fixed assets | 21/28 | €53,665 | €40,109 | -€13,556 | -25.3% |
| Intangible fixed assets | 21 | €1,747 | €969 | -€778 | -44.5% |
| Tangible fixed assets | 22/27 | €50,668 | €37,890 | -€12,778 | -25.2% |
| Land and buildings | 22 | €1,198 | €1,076 | -€123 | -10.2% |
| Plant, machinery and equipment | 23 | €6,155 | €5,241 | -€914 | -14.9% |
| Furniture and vehicles | 24 | €43,315 | €31,574 | -€11,741 | -27.1% |
| Financial fixed assets | 28 | €1,250 | €1,250 | = | 0.0% |
| Current assets | 29/58 | €272,957 | €403,617 | +€130,660 | +47.9% |
| Amounts receivable after more than one year | 29 | €41,357 | €33,805 | -€7,552 | -18.3% |
| Trade receivables | 290 | €41,357 | €33,805 | -€7,552 | -18.3% |
| Amounts receivable within one year | 40/41 | €31,909 | €71,443 | +€39,534 | +124% |
| Trade receivables | 40 | €24,675 | €56,360 | +€31,686 | +128% |
| Other amounts receivable | 41 | €7,234 | €15,082 | +€7,848 | +108% |
| Cash at bank and in hand | 54/58 | €196,963 | €297,571 | +€100,607 | +51.1% |
| Deferred charges and accrued income | 490/1 | €2,728 | €799 | -€1,929 | -70.7% |
| Total equity and liabilities | 10/49 | €326,623 | €443,726 | +€117,103 | +35.9% |
| Equity | 10/15 | €241,640 | €330,345 | +€88,705 | +36.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €235,440 | €324,145 | +€88,705 | +37.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | - | €63,150 | +€63,150 | |
| Distributable reserves | 133 | €233,580 | €259,135 | +€25,555 | +10.9% |
| Amounts payable | 17/49 | €84,983 | €113,381 | +€28,398 | +33.4% |
| Amounts payable after more than one year | 17 | €7,806 | €2,777 | -€5,029 | -64.4% |
| Financial debts | 170/4 | €7,806 | €2,777 | -€5,029 | -64.4% |
| Amounts payable within one year | 42/48 | €77,177 | €110,604 | +€33,427 | +43.3% |
| Current portion of amounts payable after more than one year | 42 | €20,641 | €4,400 | -€16,241 | -78.7% |
| Financial debts | 43 | €8,829 | €19,858 | +€11,029 | +125% |
| Credit institutions | 430/8 | €8,829 | €19,858 | +€11,029 | +125% |
| Trade debts | 44 | €4,273 | €70,855 | +€66,582 | +1,558% |
| Suppliers | 440/4 | €4,273 | €70,855 | +€66,582 | +1,558% |
| Advances received on contracts in progress | 46 | €21,484 | €1,000 | -€20,484 | -95.3% |
| Taxes, remuneration and social security | 45 | €14,729 | €14,492 | -€237 | -1.6% |
| Taxes | 450/3 | €6,032 | €5,634 | -€398 | -6.6% |
| Remuneration and social security | 454/9 | €8,697 | €8,857 | +€161 | +1.8% |
| Other amounts payable | 47/48 | €7,221 | - | -€7,221 | |
| Remuneration, social security and pensions | 62 | €77,910 | €167,664 | +€89,754 | +115% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,695 | €31,840 | -€855 | -2.6% |
| Other operating charges | 640/8 | €4,297 | €4,812 | +€514 | +12.0% |
| Gross operating margin | 9900 | €161,160 | €326,525 | +€165,365 | +103% |
| Operating profit (loss) | 9901 | €46,257 | €122,209 | +€75,952 | +164% |
| Financial income | 75/76B | - | €18 | +€18 | |
| Recurring financial income | 75 | - | €18 | +€18 | |
| Financial charges | 65/66B | €1,163 | €1,581 | +€418 | +35.9% |
| Recurring financial charges | 65 | €1,163 | €1,581 | +€418 | +35.9% |
| Profit (loss) for the period before taxes | 9903 | €45,093 | €120,646 | +€75,552 | +168% |
| Income taxes | 67/77 | €12,993 | €30,275 | +€17,282 | +133% |
| Profit (loss) for the period | 9904 | €32,101 | €90,371 | +€58,270 | +182% |
| Transfer to tax-exempt reserves | 689 | - | €63,150 | +€63,150 | |
| Profit (loss) for the period to be appropriated | 9905 | €32,101 | €27,221 | -€4,880 | -15.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.