Heartwise Advice: what changed
Heartwise Advice
Largest movements
- Receivables within one year +€146,421
up €146,421 (+19.7%), from €744,245 to €890,666
of which Trade receivables: +€186,421
- Cash -€35,992
down €35,992 (-19.8%), from €181,350 to €145,358
mainly Other debts (-€230,908) and Receivables within one year (-€146,421)
- Other debts -€230,908
down €230,908 (-99.5%), from €232,000 to €1,092
- Trade debts +€146,711
up €146,711 (+286%), from €51,289 to €198,000
- Tax, wage and social debts +€138,878
up €138,878 (+2,667%), from €5,207 to €144,086
of which Remuneration and social security: +€124,000
- Reserves +€54,591
up €54,591 (+9.5%), from €577,308 to €631,899
of which Distributable reserves: +€54,591
- Provisions +€56,633
up €56,633, from -€56,633 to €0
- Taxes +€14,864
up €14,864 (+267%), from €5,567 to €20,431
- Gross operating margin +€2,475
up €2,475 (+1.5%), from €165,237 to €167,712
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 | €927,304 | €1,036,577 | +€109,273 | +11.8% |
| Fixed assets | 21/28 | €1,400 | €552 | -€848 | -60.5% |
| Intangible fixed assets | 21 | €1,400 | €0 | -€1,400 | -100% |
| Tangible fixed assets | 22/27 | - | €552 | +€552 | |
| Furniture and vehicles | 24 | - | €552 | +€552 | |
| Current assets | 29/58 | €925,904 | €1,036,024 | +€110,120 | +11.9% |
| Amounts receivable within one year | 40/41 | €744,245 | €890,666 | +€146,421 | +19.7% |
| Trade receivables | 40 | €1,103 | €187,524 | +€186,421 | +16,909% |
| Other amounts receivable | 41 | €743,142 | €703,142 | -€40,000 | -5.4% |
| Cash at bank and in hand | 54/58 | €181,350 | €145,358 | -€35,992 | -19.8% |
| Deferred charges and accrued income | 490/1 | €309 | €0 | -€309 | -100% |
| Total equity and liabilities | 10/49 | €927,304 | €1,036,577 | +€109,273 | +11.8% |
| Equity | 10/15 | €638,808 | €693,399 | +€54,591 | +8.5% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Contributions outside capital | 11 | €61,500 | €61,500 | = | 0.0% |
| Other | 1109/19 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €577,308 | €631,899 | +€54,591 | +9.5% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,150 | €0 | -€6,150 | -100% |
| Other | 1319 | - | €6,150 | +€6,150 | |
| Distributable reserves | 133 | €571,158 | €625,749 | +€54,591 | +9.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Environmental obligations | 163 | €0 | - | = | |
| Amounts payable | 17/49 | €288,497 | €343,178 | +€54,681 | +19.0% |
| Amounts payable within one year | 42/48 | €288,497 | €343,178 | +€54,681 | +19.0% |
| Trade debts | 44 | €51,289 | €198,000 | +€146,711 | +286% |
| Suppliers | 440/4 | €51,289 | €198,000 | +€146,711 | +286% |
| Taxes, remuneration and social security | 45 | €5,207 | €144,086 | +€138,878 | +2,667% |
| Taxes | 450/3 | €5,207 | €20,086 | +€14,878 | +286% |
| Remuneration and social security | 454/9 | - | €124,000 | +€124,000 | |
| Other amounts payable | 47/48 | €232,000 | €1,092 | -€230,908 | -99.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,400 | €1,455 | +€55 | +3.9% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€56,633 | €0 | +€56,633 | |
| Other operating charges | 640/8 | €1,548 | €1,162 | -€386 | -24.9% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €165,237 | €167,712 | +€2,475 | +1.5% |
| Operating profit (loss) | 9901 | €218,923 | €165,096 | -€53,827 | -24.6% |
| Financial charges | 65/66B | €69 | €74 | +€5 | +6.7% |
| Recurring financial charges | 65 | €69 | €74 | +€5 | +6.7% |
| Profit (loss) for the period before taxes | 9903 | €218,854 | €165,022 | -€53,832 | -24.6% |
| Income taxes | 67/77 | €5,567 | €20,431 | +€14,864 | +267% |
| Profit (loss) for the period | 9904 | €213,287 | €144,591 | -€68,696 | -32.2% |
| Profit (loss) for the period to be appropriated | 9905 | €213,287 | €144,591 | -€68,696 | -32.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.