Heattracer: 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.
Heattracer
Largest movements
- Cash -€144,959
down €144,959 (-36.7%), from €394,565 to €249,606
mainly Trade debts (-€123,859) and Other debts (-€98,311)
- Tangible fixed assets -€27,144
down €27,144 (-31.4%), from €86,577 to €59,434
of which Furniture and vehicles: -€20,185
- Receivables within one year -€16,402
down €16,402 (-2.6%), from €638,644 to €622,241
of which Other amounts receivable: -€34,874
- Trade debts -€123,859
down €123,859 (-24.6%), from €502,968 to €379,110
- Other debts -€98,311
down €98,311 (-99.3%), from €99,000 to €689
- Tax, wage and social debts +€31,061
up €31,061 (+29.7%), from €104,435 to €135,496
of which Remuneration and social security: +€45,655
- Debts after one year -€16,554
down €16,554 (-60.2%), from €27,518 to €10,964
- Reserves +€15,703
up €15,703 (+4.2%), from €378,218 to €393,921
of which Distributable reserves: +€15,703
- Staff costs +€165,815
up €165,815 (+24.8%), from €668,530 to €834,345
- Taxes -€19,476
down €19,476 (-47.5%), from €41,027 to €21,552
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 | €1,143,135 | €952,993 | -€190,142 | -16.6% |
| Fixed assets | 21/28 | €88,172 | €60,328 | -€27,844 | -31.6% |
| Intangible fixed assets | 21 | €1,107 | €407 | -€700 | -63.3% |
| Tangible fixed assets | 22/27 | €86,577 | €59,434 | -€27,144 | -31.4% |
| Plant, machinery and equipment | 23 | €11,450 | €11,005 | -€445 | -3.9% |
| Furniture and vehicles | 24 | €58,905 | €38,720 | -€20,185 | -34.3% |
| Leasing and similar rights | 25 | €16,222 | €9,708 | -€6,514 | -40.2% |
| Financial fixed assets | 28 | €488 | €488 | = | 0.0% |
| Current assets | 29/58 | €1,054,963 | €892,665 | -€162,298 | -15.4% |
| Amounts receivable within one year | 40/41 | €638,644 | €622,241 | -€16,402 | -2.6% |
| Trade receivables | 40 | €555,748 | €574,220 | +€18,472 | +3.3% |
| Other amounts receivable | 41 | €82,895 | €48,021 | -€34,874 | -42.1% |
| Cash at bank and in hand | 54/58 | €394,565 | €249,606 | -€144,959 | -36.7% |
| Deferred charges and accrued income | 490/1 | €21,754 | €20,818 | -€937 | -4.3% |
| Total equity and liabilities | 10/49 | €1,143,135 | €952,993 | -€190,142 | -16.6% |
| Equity | 10/15 | €393,218 | €408,921 | +€15,703 | +4.0% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €378,218 | €393,921 | +€15,703 | +4.2% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,000 | €3,000 | = | 0.0% |
| Distributable reserves | 133 | €375,218 | €390,921 | +€15,703 | +4.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €749,917 | €544,072 | -€205,845 | -27.4% |
| Amounts payable after more than one year | 17 | €27,518 | €10,964 | -€16,554 | -60.2% |
| Financial debts | 170/4 | €27,518 | €10,964 | -€16,554 | -60.2% |
| Amounts payable within one year | 42/48 | €722,399 | €531,848 | -€190,551 | -26.4% |
| Current portion of amounts payable after more than one year | 42 | €15,996 | €16,554 | +€558 | +3.5% |
| Trade debts | 44 | €502,968 | €379,110 | -€123,859 | -24.6% |
| Suppliers | 440/4 | €502,968 | €379,110 | -€123,859 | -24.6% |
| Taxes, remuneration and social security | 45 | €104,435 | €135,496 | +€31,061 | +29.7% |
| Taxes | 450/3 | €45,717 | €31,124 | -€14,594 | -31.9% |
| Remuneration and social security | 454/9 | €58,717 | €104,372 | +€45,655 | +77.8% |
| Other amounts payable | 47/48 | €99,000 | €689 | -€98,311 | -99.3% |
| Accrued charges and deferred income | 492/3 | €0 | €1,260 | +€1,260 | |
| Non-recurring operating income | 76A | - | €11,591 | +€11,591 | |
| Remuneration, social security and pensions | 62 | €668,530 | €834,345 | +€165,815 | +24.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,790 | €31,504 | +€1,715 | +5.8% |
| Other operating charges | 640/8 | €4,430 | €1,862 | -€2,568 | -58.0% |
| Non-recurring operating charges | 66A | - | €17,976 | +€17,976 | |
| Gross operating margin | 9900 | €930,115 | €925,934 | -€4,181 | -0.4% |
| Operating profit (loss) | 9901 | €227,365 | €40,247 | -€187,117 | -82.3% |
| Financial income | 75/76B | €105 | €713 | +€607 | +576% |
| Recurring financial income | 75 | €105 | €713 | +€607 | +576% |
| Financial charges | 65/66B | €3,904 | €3,706 | -€198 | -5.1% |
| Recurring financial charges | 65 | €3,904 | €3,706 | -€198 | -5.1% |
| Profit (loss) for the period before taxes | 9903 | €223,567 | €37,255 | -€186,312 | -83.3% |
| Income taxes | 67/77 | €41,027 | €21,552 | -€19,476 | -47.5% |
| Profit (loss) for the period | 9904 | €182,539 | €15,703 | -€166,837 | -91.4% |
| Profit (loss) for the period to be appropriated | 9905 | €182,539 | €15,703 | -€166,837 | -91.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.