HEDEN CONCEPT: 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.
HEDEN CONCEPT
Largest movements
- Cash -€8,050
down €8,050 (-13.7%), from €58,775 to €50,725
mainly Net result for the year (-€24,648) and Tax, wage and social debts (-€4,829)
- Deferred charges and accrued income -€782
down €782 (-78.7%), from €993 to €212
- Profit (loss) carried forward -€23,422
down €23,422 (-11.1%), from -€210,148 to -€233,570
- Accrued charges and deferred income +€17,014
new in 2025: €17,014
- Other debts +€5,138
up €5,138 (+2.3%), from €227,714 to €232,852
- Tax, wage and social debts -€4,829
down €4,829 (-100.0%), from €4,829 to €0
- Trade debts -€1,556
down €1,556 (-8.8%), from €17,665 to €16,109
- Other operating charges -€696
down €696 (-49.7%), from €1,401 to €704
- Gross operating margin -€587
down €587 (-8.8%), from -€6,710 to -€7,297
- Financial charges +€536
up €536 (+3.2%), from €16,525 to €17,061
- Financial income +€414
new in 2025: €414
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.
Cash bridge derived
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 | €59,886 | €51,006 | -€8,880 | -14.8% |
| Current assets | 29/58 | €59,886 | €51,006 | -€8,880 | -14.8% |
| Amounts receivable within one year | 40/41 | €118 | €69 | -€48 | -41.1% |
| Other amounts receivable | 41 | €118 | €69 | -€48 | -41.1% |
| Cash at bank and in hand | 54/58 | €58,775 | €50,725 | -€8,050 | -13.7% |
| Deferred charges and accrued income | 490/1 | €993 | €212 | -€782 | -78.7% |
| Total equity and liabilities | 10/49 | €59,886 | €51,006 | -€8,880 | -14.8% |
| Equity | 10/15 | -€190,322 | -€214,970 | -€24,648 | -13.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,226 | €0 | -€1,226 | -100.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,226 | €0 | -€1,226 | -100.0% |
| Profit (loss) carried forward | 14 | -€210,148 | -€233,570 | -€23,422 | -11.1% |
| Amounts payable | 17/49 | €250,208 | €265,976 | +€15,768 | +6.3% |
| Amounts payable within one year | 42/48 | €250,208 | €248,962 | -€1,246 | -0.5% |
| Trade debts | 44 | €17,665 | €16,109 | -€1,556 | -8.8% |
| Suppliers | 440/4 | €17,665 | €16,109 | -€1,556 | -8.8% |
| Taxes, remuneration and social security | 45 | €4,829 | €0 | -€4,829 | -100.0% |
| Taxes | 450/3 | €4,829 | €0 | -€4,829 | -100.0% |
| Other amounts payable | 47/48 | €227,714 | €232,852 | +€5,138 | +2.3% |
| Accrued charges and deferred income | 492/3 | - | €17,014 | +€17,014 | |
| Other operating charges | 640/8 | €1,401 | €704 | -€696 | -49.7% |
| Gross operating margin | 9900 | -€6,710 | -€7,297 | -€587 | -8.8% |
| Operating profit (loss) | 9901 | -€8,111 | -€8,002 | +€109 | +1.3% |
| Financial income | 75/76B | - | €414 | +€414 | |
| Recurring financial income | 75 | - | €414 | +€414 | |
| Financial charges | 65/66B | €16,525 | €17,061 | +€536 | +3.2% |
| Recurring financial charges | 65 | €16,525 | €17,061 | +€536 | +3.2% |
| Profit (loss) for the period before taxes | 9903 | -€24,636 | -€24,648 | -€12 | -0.1% |
| Profit (loss) for the period | 9904 | -€24,636 | -€24,648 | -€12 | -0.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,636 | -€24,648 | -€12 | -0.1% |
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 9 October 2026 via checked.be.