HEELKUNDE GD: 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.
HEELKUNDE GD
Largest movements
- Tangible fixed assets +€78,907
up €78,907 (+47.6%), from €165,787 to €244,693
of which Plant, machinery and equipment: +€77,768
- Cash +€40,811
up €40,811 (+45.2%), from €90,237 to €131,048
- Deferred charges and accrued income -€40,192
down €40,192 (-1.6%), from €2.6m to €2.5m
- Trade debts +€54,943
up €54,943 (+1.9%), from €2.8m to €2.9m
- Gross operating margin +€46,254
up €46,254 (+13.9%), from €332,586 to €378,840
- Depreciation +€24,378
up €24,378 (+54.1%), from €45,075 to €69,453
- Staff costs +€21,870
up €21,870 (+7.7%), from €285,549 to €307,419
From the 2024 result to the 2025 result
The net result is not in both sets of accounts; without it the difference cannot be explained line by line.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,865,891 | €2,945,526 | +€79,635 | +2.8% |
| Formation expenses | 20 | €4,562 | €3,422 | -€1,141 | -25.0% |
| Fixed assets | 21/28 | €178,391 | €261,607 | +€83,216 | +46.6% |
| Intangible fixed assets | 21 | €12,254 | €16,563 | +€4,309 | +35.2% |
| Tangible fixed assets | 22/27 | €165,787 | €244,693 | +€78,907 | +47.6% |
| Plant, machinery and equipment | 23 | €152,383 | €230,151 | +€77,768 | +51.0% |
| Furniture and vehicles | 24 | €13,404 | €14,542 | +€1,138 | +8.5% |
| Financial fixed assets | 28 | €350 | €350 | = | 0.0% |
| Current assets | 29/58 | €2,682,937 | €2,680,497 | -€2,440 | -0.1% |
| Amounts receivable within one year | 40/41 | €6,564 | €3,505 | -€3,059 | -46.6% |
| Trade receivables | 40 | - | €3,500 | +€3,500 | |
| Other amounts receivable | 41 | €6,564 | €5 | -€6,559 | -99.9% |
| Cash at bank and in hand | 54/58 | €90,237 | €131,048 | +€40,811 | +45.2% |
| Deferred charges and accrued income | 490/1 | €2,586,136 | €2,545,944 | -€40,192 | -1.6% |
| Total equity and liabilities | 10/49 | €2,865,891 | €2,945,526 | +€79,635 | +2.8% |
| Equity | 10/15 | €12,120 | €12,120 | = | 0.0% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €120 | €120 | = | 0.0% |
| Amounts payable | 17/49 | €2,853,770 | €2,933,405 | +€79,635 | +2.8% |
| Amounts payable within one year | 42/48 | €2,853,770 | €2,933,143 | +€79,373 | +2.8% |
| Trade debts | 44 | €2,821,839 | €2,876,783 | +€54,943 | +1.9% |
| Suppliers | 440/4 | €2,821,839 | €2,876,783 | +€54,943 | +1.9% |
| Taxes, remuneration and social security | 45 | €31,931 | €56,361 | +€24,430 | +76.5% |
| Remuneration and social security | 454/9 | €31,931 | €56,361 | +€24,430 | +76.5% |
| Accrued charges and deferred income | 492/3 | - | €262 | +€262 | |
| Non-recurring operating income | 76A | €120 | - | -€120 | |
| Remuneration, social security and pensions | 62 | €285,549 | €307,419 | +€21,870 | +7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,075 | €69,453 | +€24,378 | +54.1% |
| Other operating charges | 640/8 | €1,257 | €1,939 | +€682 | +54.2% |
| Gross operating margin | 9900 | €332,586 | €378,840 | +€46,254 | +13.9% |
| Operating profit (loss) | 9901 | €705 | €28 | -€677 | -96.0% |
| Financial income | 75/76B | €1 | €17 | +€16 | +2,603% |
| Recurring financial income | 75 | €1 | €17 | +€16 | +2,603% |
| Financial charges | 65/66B | €585 | €45 | -€540 | -92.3% |
| Recurring financial charges | 65 | €585 | €45 | -€540 | -92.3% |
| Profit (loss) for the period before taxes | 9903 | €120 | - | -€120 | |
| Profit (loss) for the period | 9904 | €120 | - | -€120 | |
| Profit (loss) for the period to be appropriated | 9905 | €120 | - | -€120 |
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 26 October 2026 via checked.be.