HeAt: 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.
HeAt
Largest movements
- Cash +€3,898
up €3,898 (+170%), from €2,294 to €6,192
mainly Net result for the year (+€7,814) and Other debts (+€4,124)
- Tangible fixed assets -€3,776
down €3,776 (-24.8%), from €15,200 to €11,424
of which Furniture and vehicles: -€3,562
- Receivables within one year +€2,071
new in 2026: €2,071
- Reserves +€7,814
up €7,814 (+133%), from €5,864 to €13,678
- Trade debts -€5,251
down €5,251 (-97.4%), from €5,389 to €138
- Tax, wage and social debts -€4,921
down €4,921 (-90.8%), from €5,421 to €500
of which Remuneration and social security: -€3,500
- Other debts +€4,124
up €4,124 (+9,164%), from €45 to €4,169
- Accrued charges and deferred income +€427
new in 2026: €427
- Gross operating margin +€5,114
up €5,114 (+39.2%), from €13,038 to €18,152
- Depreciation +€1,212
up €1,212 (+47.3%), from €2,564 to €3,776
- Taxes +€848
up €848 (+59.7%), from €1,421 to €2,269
- Other operating charges +€708
up €708 (+27.2%), from €2,599 to €3,307
- Financial charges +€396
up €396 (+67.1%), from €590 to €986
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €17,719 | €19,912 | +€2,193 | +12.4% |
| Fixed assets | 21/28 | €15,425 | €11,649 | -€3,776 | -24.5% |
| Tangible fixed assets | 22/27 | €15,200 | €11,424 | -€3,776 | -24.8% |
| Plant, machinery and equipment | 23 | €913 | €699 | -€214 | -23.4% |
| Furniture and vehicles | 24 | €14,287 | €10,725 | -€3,562 | -24.9% |
| Financial fixed assets | 28 | €225 | €225 | = | 0.0% |
| Current assets | 29/58 | €2,294 | €8,263 | +€5,969 | +260% |
| Amounts receivable within one year | 40/41 | - | €2,071 | +€2,071 | |
| Trade receivables | 40 | - | €2,071 | +€2,071 | |
| Cash at bank and in hand | 54/58 | €2,294 | €6,192 | +€3,898 | +170% |
| Total equity and liabilities | 10/49 | €17,719 | €19,912 | +€2,193 | +12.4% |
| Equity | 10/15 | €6,864 | €14,678 | +€7,814 | +114% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €5,864 | €13,678 | +€7,814 | +133% |
| Distributable reserves | 133 | €5,864 | €13,678 | +€7,814 | +133% |
| Amounts payable | 17/49 | €10,855 | €5,234 | -€5,621 | -51.8% |
| Amounts payable within one year | 42/48 | €10,855 | €4,807 | -€6,048 | -55.7% |
| Trade debts | 44 | €5,389 | €138 | -€5,251 | -97.4% |
| Suppliers | 440/4 | €5,389 | €138 | -€5,251 | -97.4% |
| Taxes, remuneration and social security | 45 | €5,421 | €500 | -€4,921 | -90.8% |
| Taxes | 450/3 | €1,421 | - | -€1,421 | |
| Remuneration and social security | 454/9 | €4,000 | €500 | -€3,500 | -87.5% |
| Other amounts payable | 47/48 | €45 | €4,169 | +€4,124 | +9,164% |
| Accrued charges and deferred income | 492/3 | - | €427 | +€427 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,564 | €3,776 | +€1,212 | +47.3% |
| Other operating charges | 640/8 | €2,599 | €3,307 | +€708 | +27.2% |
| Gross operating margin | 9900 | €13,038 | €18,152 | +€5,114 | +39.2% |
| Operating profit (loss) | 9901 | €7,875 | €11,069 | +€3,194 | +40.6% |
| Financial charges | 65/66B | €590 | €986 | +€396 | +67.1% |
| Recurring financial charges | 65 | €590 | €986 | +€396 | +67.1% |
| Profit (loss) for the period before taxes | 9903 | €7,285 | €10,083 | +€2,798 | +38.4% |
| Income taxes | 67/77 | €1,421 | €2,269 | +€848 | +59.7% |
| Profit (loss) for the period | 9904 | €5,864 | €7,814 | +€1,950 | +33.3% |
| Profit (loss) for the period to be appropriated | 9905 | €5,864 | €7,814 | +€1,950 | +33.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.