Heeman: 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.
Heeman
Largest movements
- Cash +€10,713
up €10,713 (+30.1%), from €35,614 to €46,327
mainly Net result for the year (+€8,775) and Tax, wage and social debts (+€3,372)
- Receivables within one year +€2,302
up €2,302 (+270.2%), from €852 to €3,155
of which Trade receivables: +€2,610
- Reserves +€8,775
up €8,775 (+26.6%), from €32,949 to €41,725
- Tax, wage and social debts +€3,372
up €3,372 (+246.5%), from €1,368 to €4,740
- Trade debts +€1,167
up €1,167 (+115.0%), from €1,015 to €2,182
- Financial income +€29,969
up €29,969 (+29969350.0%), from €0 to €29,969
of which Non-recurring financial income: +€29,969
- Gross operating margin -€18,638
down €18,638, from €2,792 to -€15,846
- Taxes +€3,188
up €3,188 (+1233.1%), from €259 to €3,447
- Financial charges -€498
down €498 (-26.5%), from €1,881 to €1,382
- Other operating charges -€386
down €386 (-42.6%), from €905 to €520
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 | €36,747 | €50,061 | +€13,314 | +36.2% |
| Current assets | 29/58 | €36,747 | €50,061 | +€13,314 | +36.2% |
| Amounts receivable within one year | 40/41 | €852 | €3,155 | +€2,302 | +270.2% |
| Trade receivables | 40 | €545 | €3,155 | +€2,610 | +479.3% |
| Other amounts receivable | 41 | €308 | €0 | -€308 | -100.0% |
| Cash at bank and in hand | 54/58 | €35,614 | €46,327 | +€10,713 | +30.1% |
| Deferred charges and accrued income | 490/1 | €280 | €579 | +€299 | +106.6% |
| Total equity and liabilities | 10/49 | €36,747 | €50,061 | +€13,314 | +36.2% |
| Equity | 10/15 | €33,949 | €42,725 | +€8,775 | +25.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €32,949 | €41,725 | +€8,775 | +26.6% |
| Distributable reserves | 133 | €32,949 | €41,725 | +€8,775 | +26.6% |
| Amounts payable | 17/49 | €2,797 | €7,336 | +€4,539 | +162.3% |
| Amounts payable within one year | 42/48 | €2,797 | €7,336 | +€4,539 | +162.3% |
| Trade debts | 44 | €1,015 | €2,182 | +€1,167 | +115.0% |
| Suppliers | 440/4 | €1,015 | €2,182 | +€1,167 | +115.0% |
| Taxes, remuneration and social security | 45 | €1,368 | €4,740 | +€3,372 | +246.5% |
| Taxes | 450/3 | €1,368 | €4,740 | +€3,372 | +246.5% |
| Other amounts payable | 47/48 | €415 | €415 | = | 0.0% |
| Other operating charges | 640/8 | €905 | €520 | -€386 | -42.6% |
| Gross operating margin | 9900 | €2,792 | -€15,846 | -€18,638 | |
| Operating profit (loss) | 9901 | €1,887 | -€16,366 | -€18,252 | |
| Financial income | 75/76B | €0 | €29,969 | +€29,969 | +29969350.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Non-recurring financial income | 76B | - | €29,969 | +€29,969 | |
| Financial charges | 65/66B | €1,881 | €1,382 | -€498 | -26.5% |
| Recurring financial charges | 65 | €1,881 | €1,382 | -€498 | -26.5% |
| Profit (loss) for the period before taxes | 9903 | €6 | €12,222 | +€12,215 | +193281.3% |
| Income taxes | 67/77 | €259 | €3,447 | +€3,188 | +1233.1% |
| Profit (loss) for the period | 9904 | -€252 | €8,775 | +€9,027 | |
| Profit (loss) for the period to be appropriated | 9905 | -€252 | €8,775 | +€9,027 |
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.