HEEDHIT: what changed
Two fiscal 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.
HEEDHIT
Largest movements
- Cash -€12,326
down €12,326 (-90.7%), from €13,583 to €1,258
mainly Current investments (-€9,500) and Net result for the year (-€6,877)
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€26,029
down €26,029, from €19,108 to -€6,921
- Financial income -€8,462
down €8,462 (-46.2%), from €18,327 to €9,865
- Depreciation -€5,253
down €5,253 (-58.9%), from €8,925 to €3,672
- Taxes -€5,102
no longer reported in 2025 (was €5,102)
- Other operating charges -€1,036
down €1,036 (-16.6%), from €6,252 to €5,216
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 | €1,117,458 | €1,105,163 | -€12,294 | -1.1% |
| Fixed assets | 21/28 | €439,839 | €436,166 | -€3,672 | -0.8% |
| Tangible fixed assets | 22/27 | €439,839 | €436,166 | -€3,672 | -0.8% |
| Land and buildings | 22 | €439,839 | €436,166 | -€3,672 | -0.8% |
| Furniture and vehicles | 24 | €0 | €0 | = | 0.0% |
| Current assets | 29/58 | €677,619 | €668,997 | -€8,622 | -1.3% |
| Amounts receivable within one year | 40/41 | €18,536 | €12,739 | -€5,797 | -31.3% |
| Trade receivables | 40 | €18,167 | €11,736 | -€6,431 | -35.4% |
| Other amounts receivable | 41 | €369 | €1,003 | +€634 | +171.8% |
| Current investments | 50/53 | €645,500 | €655,000 | +€9,500 | +1.5% |
| Cash at bank and in hand | 54/58 | €13,583 | €1,258 | -€12,326 | -90.7% |
| Total equity and liabilities | 10/49 | €1,117,458 | €1,105,163 | -€12,294 | -1.1% |
| Equity | 10/15 | €1,012,538 | €1,005,661 | -€6,877 | -0.7% |
| Contributions | 10/11 | €185,920 | €185,920 | = | 0.0% |
| Capital | 10 | €185,920 | €185,920 | = | 0.0% |
| Issued capital | 100 | €185,920 | €185,920 | = | 0.0% |
| Reserves | 13 | €755,258 | €755,258 | = | 0.0% |
| Non-distributable reserves | 130/1 | €18,592 | €18,592 | = | 0.0% |
| Legal reserve | 130 | €18,592 | €18,592 | = | 0.0% |
| Tax-exempt reserves | 132 | €206,666 | €206,666 | = | 0.0% |
| Distributable reserves | 133 | €530,000 | €530,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €71,361 | €64,483 | -€6,877 | -9.6% |
| Provisions and deferred taxes | 16 | €68,889 | €68,889 | = | 0.0% |
| Deferred taxes | 168 | €68,889 | €68,889 | = | 0.0% |
| Amounts payable | 17/49 | €36,031 | €30,613 | -€5,417 | -15.0% |
| Amounts payable within one year | 42/48 | €32,027 | €27,369 | -€4,658 | -14.5% |
| Trade debts | 44 | €15,798 | €15,806 | +€8 | +0.1% |
| Suppliers | 440/4 | €15,798 | €15,806 | +€8 | +0.1% |
| Taxes, remuneration and social security | 45 | €3,602 | €585 | -€3,017 | -83.8% |
| Taxes | 450/3 | €3,602 | €585 | -€3,017 | -83.8% |
| Other amounts payable | 47/48 | €12,627 | €10,978 | -€1,649 | -13.1% |
| Accrued charges and deferred income | 492/3 | €4,004 | €3,245 | -€759 | -19.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,925 | €3,672 | -€5,253 | -58.9% |
| Other operating charges | 640/8 | €6,252 | €5,216 | -€1,036 | -16.6% |
| Gross operating margin | 9900 | €19,108 | -€6,921 | -€26,029 | |
| Operating profit (loss) | 9901 | €3,931 | -€15,809 | -€19,740 | |
| Financial income | 75/76B | €18,327 | €9,865 | -€8,462 | -46.2% |
| Recurring financial income | 75 | €18,327 | €9,865 | -€8,462 | -46.2% |
| Financial charges | 65/66B | €1,247 | €934 | -€313 | -25.1% |
| Recurring financial charges | 65 | €1,247 | €934 | -€313 | -25.1% |
| Profit (loss) for the period before taxes | 9903 | €21,012 | -€6,877 | -€27,889 | |
| Income taxes | 67/77 | €5,102 | - | -€5,102 | |
| Profit (loss) for the period | 9904 | €15,910 | -€6,877 | -€22,787 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,910 | -€6,877 | -€22,787 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.