HEEBO: 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.
What changed
HEEBO
NACE 46.499, Wholesale of other household goods
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€412,728
2024 · €517,412-€104,684
Equity
€2.5m
2024 · €2.1m+€412,728
Cash
€17,874
2024 · €20,583-€2,710
Balance sheet total
€4.2m
2024 · €9.7m-€5.5m
Largest movements
Assets
- Receivables within one year -€5.4m
down €5.4m (-62.9%), from €8.6m to €3.2m
of which Other amounts receivable: -€5.4m
Equity and liabilities
- Other debts -€6.0m
down €6.0m (-84.5%), from €7.1m to €1.1m
- Profit (loss) carried forward +€412,728
up €412,728 (+22.5%), from €1.8m to €2.2m
Income statement
- Financial income -€158,316
down €158,316 (-85.3%), from €185,610 to €27,294
- Taxes -€44,853
down €44,853 (-25.5%), from €176,113 to €131,260
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.
Result 2024
€517,412
Gross operating margin
+€11,011
Staff costs
-€72
Depreciation
-€4,860
Write-downs
+€1,275
Other operating charges
+€2,880
Other operating items
-€179
Financial income
-€158,316
Financial charges
-€1,276
Taxes
+€44,853
Result 2025
€412,728
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€33,023
Investment
-€35,733
Financing
€0
Cash 2024
€20,583
From operations (derived)
+€33,023
Net result for the year
+€412,728
Depreciation
+€30,633
Stocks and contracts
+€49,565
Receivables within one year
+€5.4m
Deferred charges and accrued income
+€20,578
Trade debts
+€87,759
Smaller working-capital items
+€12,435
Other debts
-€6.0m
Investment (derived)
-€35,733
Investment in fixed assets (net)
-€35,733
Cash 2025
€17,874
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,680,021 | €4,190,826 | -€5.5m | -56.7% |
| Fixed assets | 21/28 | €157,216 | €162,316 | +€5,100 | +3.2% |
| Tangible fixed assets | 22/27 | €157,216 | €162,316 | +€5,100 | +3.2% |
| Plant, machinery and equipment | 23 | €66,938 | €71,383 | +€4,445 | +6.6% |
| Furniture and vehicles | 24 | €13,769 | €12,412 | -€1,357 | -9.9% |
| Other tangible fixed assets | 26 | €76,509 | €78,521 | +€2,012 | +2.6% |
| Current assets | 29/58 | €9,522,805 | €4,028,510 | -€5.5m | -57.7% |
| Stocks and contracts in progress | 3 | €861,097 | €811,533 | -€49,565 | -5.8% |
| Stocks | 30/36 | €861,097 | €811,533 | -€49,565 | -5.8% |
| Amounts receivable within one year | 40/41 | €8,620,547 | €3,199,104 | -€5.4m | -62.9% |
| Trade receivables | 40 | €376,415 | €356,057 | -€20,358 | -5.4% |
| Other amounts receivable | 41 | €8,244,131 | €2,843,046 | -€5.4m | -65.5% |
| Cash at bank and in hand | 54/58 | €20,583 | €17,874 | -€2,710 | -13.2% |
| Deferred charges and accrued income | 490/1 | €20,578 | - | -€20,578 | |
| Total equity and liabilities | 10/49 | €9,680,021 | €4,190,826 | -€5.5m | -56.7% |
| Equity | 10/15 | €2,053,398 | €2,466,126 | +€412,728 | +20.1% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €143,841 | €143,841 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Legal reserve | 130 | €7,500 | €7,500 | = | 0.0% |
| Distributable reserves | 133 | €136,341 | €136,341 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,834,557 | €2,247,284 | +€412,728 | +22.5% |
| Amounts payable | 17/49 | €7,626,623 | €1,724,700 | -€5.9m | -77.4% |
| Amounts payable within one year | 42/48 | €7,626,623 | €1,724,700 | -€5.9m | -77.4% |
| Trade debts | 44 | €355,605 | €443,364 | +€87,759 | +24.7% |
| Suppliers | 440/4 | €355,605 | €443,364 | +€87,759 | +24.7% |
| Advances received on contracts in progress | 46 | €944 | €3,142 | +€2,198 | +233% |
| Taxes, remuneration and social security | 45 | €163,262 | €173,499 | +€10,237 | +6.3% |
| Taxes | 450/3 | €83,586 | €99,402 | +€15,816 | +18.9% |
| Remuneration and social security | 454/9 | €79,676 | €74,097 | -€5,579 | -7.0% |
| Other amounts payable | 47/48 | €7,106,812 | €1,104,695 | -€6.0m | -84.5% |
| Remuneration, social security and pensions | 62 | €530,368 | €530,440 | +€72 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,773 | €30,633 | +€4,860 | +18.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,263 | €3,988 | -€1,275 | -24.2% |
| Other operating charges | 640/8 | €44,143 | €41,262 | -€2,880 | -6.5% |
| Non-recurring operating charges | 66A | - | €179 | +€179 | |
| Gross operating margin | 9900 | €1,116,017 | €1,127,028 | +€11,011 | +1.0% |
| Operating profit (loss) | 9901 | €510,470 | €520,525 | +€10,055 | +2.0% |
| Financial income | 75/76B | €185,610 | €27,294 | -€158,316 | -85.3% |
| Recurring financial income | 75 | €185,610 | €27,294 | -€158,316 | -85.3% |
| Financial charges | 65/66B | €2,555 | €3,831 | +€1,276 | +50.0% |
| Recurring financial charges | 65 | €2,555 | €3,831 | +€1,276 | +50.0% |
| Profit (loss) for the period before taxes | 9903 | €693,525 | €543,988 | -€149,537 | -21.6% |
| Income taxes | 67/77 | €176,113 | €131,260 | -€44,853 | -25.5% |
| Profit (loss) for the period | 9904 | €517,412 | €412,728 | -€104,684 | -20.2% |
| Profit (loss) for the period to be appropriated | 9905 | €517,412 | €412,728 | -€104,684 | -20.2% |
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 17 October 2026 via checked.be.