HECK S.C.: 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.
HECK S.C.
Largest movements
- Tangible fixed assets -€27,663
down €27,663 (-8.7%), from €319,322 to €291,659
of which Land and buildings: -€27,663
- Debts after one year -€28,312
down €28,312 (-10.3%), from €275,259 to €246,947
of which Financial debts: -€26,529
- Current portion of long-term debt +€13,769
up €13,769 (+49.6%), from €27,732 to €41,500
- Profit (loss) carried forward -€9,050
down €9,050 (-24.0%), from -€37,781 to -€46,831
- Trade debts -€4,762
down €4,762 (-20.7%), from €22,999 to €18,237
- Gross operating margin -€16,363
down €16,363 (-29.6%), from €55,209 to €38,846
- Staff costs +€3,683
no longer reported in 2025 (was -€3,683)
- Other operating charges -€2,961
down €2,961 (-24.8%), from €11,923 to €8,962
- Financial charges +€1,645
up €1,645 (+17.1%), from €9,628 to €11,273
of which Financial charges: +€2,955
- Depreciation -€672
down €672 (-2.4%), from €28,335 to €27,663
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 | €328,143 | €300,783 | -€27,360 | -8.3% |
| Fixed assets | 21/28 | €319,322 | €291,659 | -€27,663 | -8.7% |
| Tangible fixed assets | 22/27 | €319,322 | €291,659 | -€27,663 | -8.7% |
| Land and buildings | 22 | €319,322 | €291,659 | -€27,663 | -8.7% |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | - | €0 | = | |
| Current assets | 29/58 | €8,821 | €9,123 | +€303 | +3.4% |
| Amounts receivable within one year | 40/41 | €6,255 | €8,799 | +€2,544 | +40.7% |
| Trade receivables | 40 | €6,255 | €8,799 | +€2,544 | +40.7% |
| Cash at bank and in hand | 54/58 | €537 | €179 | -€357 | -66.6% |
| Deferred charges and accrued income | 490/1 | €2,029 | €145 | -€1,884 | -92.8% |
| Total equity and liabilities | 10/49 | €328,143 | €300,783 | -€27,360 | -8.3% |
| Equity | 10/15 | -€12,123 | -€21,173 | -€9,050 | -74.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €7,058 | €7,058 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €5,198 | €5,198 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,781 | -€46,831 | -€9,050 | -24.0% |
| Amounts payable | 17/49 | €340,266 | €321,956 | -€18,310 | -5.4% |
| Amounts payable after more than one year | 17 | €275,259 | €246,947 | -€28,312 | -10.3% |
| Financial debts | 170/4 | €246,815 | €220,286 | -€26,529 | -10.7% |
| Other amounts payable | 178/9 | €28,444 | €26,661 | -€1,783 | -6.3% |
| Amounts payable within one year | 42/48 | €64,577 | €73,011 | +€8,434 | +13.1% |
| Current portion of amounts payable after more than one year | 42 | €27,732 | €41,500 | +€13,769 | +49.6% |
| Financial debts | 43 | €10,000 | €10,831 | +€831 | +8.3% |
| Credit institutions | 430/8 | €10,000 | €10,831 | +€831 | +8.3% |
| Trade debts | 44 | €22,999 | €18,237 | -€4,762 | -20.7% |
| Suppliers | 440/4 | €22,999 | €18,237 | -€4,762 | -20.7% |
| Taxes, remuneration and social security | 45 | €3,847 | €2,443 | -€1,404 | -36.5% |
| Taxes | 450/3 | €3,847 | €2,443 | -€1,404 | -36.5% |
| Accrued charges and deferred income | 492/3 | €430 | €1,997 | +€1,567 | +364% |
| Non-recurring operating income | 76A | €16,437 | €1,665 | -€14,772 | -89.9% |
| Remuneration, social security and pensions | 62 | -€3,683 | - | +€3,683 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,335 | €27,663 | -€672 | -2.4% |
| Other operating charges | 640/8 | €11,923 | €8,962 | -€2,961 | -24.8% |
| Non-recurring operating charges | 66A | €3,238 | - | -€3,238 | |
| Gross operating margin | 9900 | €55,209 | €38,846 | -€16,363 | -29.6% |
| Operating profit (loss) | 9901 | €15,397 | €2,221 | -€13,175 | -85.6% |
| Financial income | 75/76B | €92 | €2 | -€90 | -97.7% |
| Recurring financial income | 75 | €92 | €2 | -€90 | -97.7% |
| Financial charges | 65/66B | €9,628 | €11,273 | +€1,645 | +17.1% |
| Recurring financial charges | 65 | €8,318 | €11,273 | +€2,955 | +35.5% |
| Non-recurring financial charges | 66B | €1,310 | - | -€1,310 | |
| Profit (loss) for the period before taxes | 9903 | €5,861 | -€9,050 | -€14,911 | |
| Income taxes | 67/77 | €0 | €1 | +€0 | +65.8% |
| Profit (loss) for the period | 9904 | €5,861 | -€9,050 | -€14,911 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,861 | -€9,050 | -€14,911 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.