HEART THÉMIS: 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.
HEART THÉMIS
Largest movements
- Receivables within one year -€17,335
down €17,335 (-90.7%), from €19,115 to €1,780
of which Other amounts receivable: -€17,335
- Deferred charges and accrued income -€1,538
no longer reported in 2025 (was €1,538)
- Tangible fixed assets -€950
down €950 (-23.0%), from €4,138 to €3,188
of which Land and buildings: -€1,024
- Cash +€370
up €370 (+4,786%), from €8 to €378
mainly Receivables within one year (+€17,335) and Other debts (+€7,714)
- Profit (loss) carried forward -€16,749
down €16,749 (-353%), from -€4,741 to -€21,490
- Tax, wage and social debts -€8,087
down €8,087 (-65.7%), from €12,303 to €4,216
- Other debts +€7,714
new in 2025: €7,714
- Trade debts -€2,331
down €2,331 (-16.4%), from €14,237 to €11,906
- Gross operating margin -€9,225
down €9,225 (-276%), from -€3,343 to -€12,568
- Other operating charges -€2,242
down €2,242 (-69.0%), from €3,248 to €1,006
- Depreciation -€612
down €612 (-27.1%), from €2,257 to €1,645
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 | €24,799 | €5,346 | -€19,453 | -78.4% |
| Fixed assets | 21/28 | €4,138 | €3,188 | -€950 | -23.0% |
| Tangible fixed assets | 22/27 | €4,138 | €3,188 | -€950 | -23.0% |
| Land and buildings | 22 | €2,634 | €1,610 | -€1,024 | -38.9% |
| Furniture and vehicles | 24 | €1,504 | €1,578 | +€74 | +4.9% |
| Current assets | 29/58 | €20,661 | €2,158 | -€18,503 | -89.6% |
| Amounts receivable within one year | 40/41 | €19,115 | €1,780 | -€17,335 | -90.7% |
| Trade receivables | 40 | €1,398 | €1,398 | = | 0.0% |
| Other amounts receivable | 41 | €17,717 | €382 | -€17,335 | -97.8% |
| Cash at bank and in hand | 54/58 | €8 | €378 | +€370 | +4,786% |
| Deferred charges and accrued income | 490/1 | €1,538 | - | -€1,538 | |
| Total equity and liabilities | 10/49 | €24,799 | €5,346 | -€19,453 | -78.4% |
| Equity | 10/15 | -€1,741 | -€18,490 | -€16,749 | -962% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,741 | -€21,490 | -€16,749 | -353% |
| Amounts payable | 17/49 | €26,540 | €23,836 | -€2,704 | -10.2% |
| Amounts payable within one year | 42/48 | €26,540 | €23,836 | -€2,704 | -10.2% |
| Trade debts | 44 | €14,237 | €11,906 | -€2,331 | -16.4% |
| Suppliers | 440/4 | €14,237 | €11,906 | -€2,331 | -16.4% |
| Taxes, remuneration and social security | 45 | €12,303 | €4,216 | -€8,087 | -65.7% |
| Taxes | 450/3 | €12,303 | €4,216 | -€8,087 | -65.7% |
| Other amounts payable | 47/48 | - | €7,714 | +€7,714 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,257 | €1,645 | -€612 | -27.1% |
| Other operating charges | 640/8 | €3,248 | €1,006 | -€2,242 | -69.0% |
| Gross operating margin | 9900 | -€3,343 | -€12,568 | -€9,225 | -276% |
| Operating profit (loss) | 9901 | -€8,848 | -€15,219 | -€6,371 | -72.0% |
| Financial charges | 65/66B | €1,285 | €1,300 | +€15 | +1.1% |
| Recurring financial charges | 65 | €1,285 | €1,300 | +€15 | +1.1% |
| Profit (loss) for the period before taxes | 9903 | -€10,133 | -€16,518 | -€6,385 | -63.0% |
| Income taxes | 67/77 | €347 | €231 | -€117 | -33.6% |
| Profit (loss) for the period | 9904 | -€10,480 | -€16,749 | -€6,268 | -59.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,480 | -€16,749 | -€6,268 | -59.8% |
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 24 October 2026 via checked.be.