HEEMVESTE: 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.
HEEMVESTE
Largest movements
- Tangible fixed assets -€34,604
down €34,604 (-23.9%), from €144,989 to €110,385
of which Land and buildings: -€30,166
- Cash +€2,919
up €2,919 (+70.7%), from €4,126 to €7,044
mainly Depreciation (+€34,604) and Net result for the year (+€8,408)
- Receivables within one year -€2,007
down €2,007 (-52.5%), from €3,822 to €1,815
of which Trade receivables: -€1,124
- Deferred charges and accrued income +€1,864
new in 2025: €1,864
- Debts after one year -€36,482
down €36,482 (-67.1%), from €54,355 to €17,873
- Profit (loss) carried forward +€16,534
up €16,534 (+31.6%), from -€52,251 to -€35,716
- Reserves -€8,127
down €8,127 (-30.9%), from €26,334 to €18,208
of which Tax-exempt reserves: -€8,127
- Provisions -€4,185
down €4,185 (-50.0%), from €8,369 to €4,185
- Advances received -€3,056
down €3,056 (-100%), from €3,056 to €0
- Gross operating margin +€11,627
up €11,627 (+34.7%), from €33,514 to €45,142
- Financial charges -€3,233
down €3,233 (-81.8%), from €3,950 to €718
- Depreciation -€3,166
down €3,166 (-8.4%), from €37,770 to €34,604
- Other operating charges +€1,907
up €1,907 (+51.7%), from €3,691 to €5,598
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 | €152,937 | €121,108 | -€31,829 | -20.8% |
| Fixed assets | 21/28 | €144,989 | €110,385 | -€34,604 | -23.9% |
| Tangible fixed assets | 22/27 | €144,989 | €110,385 | -€34,604 | -23.9% |
| Land and buildings | 22 | €115,549 | €85,383 | -€30,166 | -26.1% |
| Plant, machinery and equipment | 23 | €27,968 | €24,266 | -€3,702 | -13.2% |
| Other tangible fixed assets | 26 | €1,471 | €736 | -€736 | -50.0% |
| Current assets | 29/58 | €7,948 | €10,723 | +€2,775 | +34.9% |
| Amounts receivable within one year | 40/41 | €3,822 | €1,815 | -€2,007 | -52.5% |
| Trade receivables | 40 | €2,939 | €1,815 | -€1,124 | -38.3% |
| Other amounts receivable | 41 | €883 | €0 | -€883 | -100% |
| Cash at bank and in hand | 54/58 | €4,126 | €7,044 | +€2,919 | +70.7% |
| Deferred charges and accrued income | 490/1 | - | €1,864 | +€1,864 | |
| Total equity and liabilities | 10/49 | €152,937 | €121,108 | -€31,829 | -20.8% |
| Equity | 10/15 | -€13,521 | -€5,114 | +€8,408 | +62.2% |
| Contributions | 10/11 | €12,395 | €12,395 | = | 0.0% |
| Reserves | 13 | €26,334 | €18,208 | -€8,127 | -30.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €16,253 | €8,127 | -€8,127 | -50.0% |
| Distributable reserves | 133 | €10,081 | €10,081 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€52,251 | -€35,716 | +€16,534 | +31.6% |
| Provisions and deferred taxes | 16 | €8,369 | €4,185 | -€4,185 | -50.0% |
| Deferred taxes | 168 | €8,369 | €4,185 | -€4,185 | -50.0% |
| Amounts payable | 17/49 | €158,089 | €122,037 | -€36,052 | -22.8% |
| Amounts payable after more than one year | 17 | €54,355 | €17,873 | -€36,482 | -67.1% |
| Financial debts | 170/4 | €54,355 | €17,873 | -€36,482 | -67.1% |
| Amounts payable within one year | 42/48 | €100,918 | €101,356 | +€437 | +0.4% |
| Current portion of amounts payable after more than one year | 42 | €15,280 | €15,482 | +€203 | +1.3% |
| Trade debts | 44 | €888 | €1,091 | +€203 | +22.9% |
| Suppliers | 440/4 | €888 | €1,091 | +€203 | +22.9% |
| Advances received on contracts in progress | 46 | €3,056 | €0 | -€3,056 | -100% |
| Taxes, remuneration and social security | 45 | €0 | €745 | +€745 | |
| Taxes | 450/3 | €0 | €745 | +€745 | |
| Other amounts payable | 47/48 | €81,695 | €84,038 | +€2,343 | +2.9% |
| Accrued charges and deferred income | 492/3 | €2,816 | €2,809 | -€7 | -0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,770 | €34,604 | -€3,166 | -8.4% |
| Other operating charges | 640/8 | €3,691 | €5,598 | +€1,907 | +51.7% |
| Gross operating margin | 9900 | €33,514 | €45,142 | +€11,627 | +34.7% |
| Operating profit (loss) | 9901 | -€7,947 | €4,941 | +€12,887 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €3,950 | €718 | -€3,233 | -81.8% |
| Recurring financial charges | 65 | €3,950 | €718 | -€3,233 | -81.8% |
| Profit (loss) for the period before taxes | 9903 | -€11,897 | €4,223 | +€16,120 | |
| Transfer from deferred taxes | 780 | €4,185 | €4,185 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€7,712 | €8,408 | +€16,120 | |
| Transfer from tax-exempt reserves | 789 | €8,127 | €8,127 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €415 | €16,534 | +€16,120 | +3,887% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.