HEEMELS VASTGOED: 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.
HEEMELS VASTGOED
Largest movements
- Tangible fixed assets -€18,562
down €18,562 (-4.0%), from €461,377 to €442,816
of which Land and buildings: -€17,733
- Cash +€8,793
up €8,793 (+17.3%), from €50,717 to €59,510
mainly Other debts (+€103,451) and Net result for the year (+€21,558)
- Other debts +€103,451
up €103,451 (+61.5%), from €168,125 to €271,576
- Reserves -€79,440
down €79,440 (-99.9%), from €79,480 to €40
- Debts after one year -€33,790
down €33,790 (-14.7%), from €229,531 to €195,741
- Gross operating margin -€918
down €918 (-1.6%), from €58,857 to €57,939
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €516,944 | €508,057 | -€8,887 | -1.7% |
| Fixed assets | 21/28 | €461,377 | €442,816 | -€18,562 | -4.0% |
| Tangible fixed assets | 22/27 | €461,377 | €442,816 | -€18,562 | -4.0% |
| Land and buildings | 22 | €460,135 | €442,402 | -€17,733 | -3.9% |
| Plant, machinery and equipment | 23 | €1,242 | €414 | -€828 | -66.7% |
| Current assets | 29/58 | €55,567 | €65,242 | +€9,675 | +17.4% |
| Amounts receivable within one year | 40/41 | €4,555 | €5,437 | +€882 | +19.4% |
| Other amounts receivable | 41 | €4,555 | €5,437 | +€882 | +19.4% |
| Cash at bank and in hand | 54/58 | €50,717 | €59,510 | +€8,793 | +17.3% |
| Deferred charges and accrued income | 490/1 | €294 | €294 | = | 0.0% |
| Total equity and liabilities | 10/49 | €516,944 | €508,057 | -€8,887 | -1.7% |
| Equity | 10/15 | €85,687 | €6,245 | -€79,442 | -92.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €79,480 | €40 | -€79,440 | -99.9% |
| Distributable reserves | 133 | €79,480 | €40 | -€79,440 | -99.9% |
| Profit (loss) carried forward | 14 | €7 | €5 | -€2 | -32.3% |
| Amounts payable | 17/49 | €431,257 | €501,812 | +€70,555 | +16.4% |
| Amounts payable after more than one year | 17 | €229,531 | €195,741 | -€33,790 | -14.7% |
| Financial debts | 170/4 | €229,531 | €195,741 | -€33,790 | -14.7% |
| Amounts payable within one year | 42/48 | €201,726 | €305,899 | +€104,174 | +51.6% |
| Current portion of amounts payable after more than one year | 42 | €33,415 | €33,790 | +€375 | +1.1% |
| Trade debts | 44 | €186 | €534 | +€348 | +187% |
| Suppliers | 440/4 | €186 | €534 | +€348 | +187% |
| Other amounts payable | 47/48 | €168,125 | €271,576 | +€103,451 | +61.5% |
| Accrued charges and deferred income | 492/3 | - | €172 | +€172 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,562 | €18,562 | = | 0.0% |
| Other operating charges | 640/8 | €4,097 | €4,224 | +€128 | +3.1% |
| Gross operating margin | 9900 | €58,857 | €57,939 | -€918 | -1.6% |
| Operating profit (loss) | 9901 | €36,199 | €35,153 | -€1,046 | -2.9% |
| Financial charges | 65/66B | €6,690 | €6,409 | -€280 | -4.2% |
| Recurring financial charges | 65 | €6,690 | €6,409 | -€280 | -4.2% |
| Profit (loss) for the period before taxes | 9903 | €29,509 | €28,743 | -€766 | -2.6% |
| Income taxes | 67/77 | €7,377 | €7,186 | -€191 | -2.6% |
| Profit (loss) for the period | 9904 | €22,132 | €21,558 | -€574 | -2.6% |
| Profit (loss) for the period to be appropriated | 9905 | €22,132 | €21,558 | -€574 | -2.6% |
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 30 October 2026 via checked.be.