HEER'S & CO: 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.
HEER'S & CO
Largest movements
- Tangible fixed assets -€27,300
down €27,300 (-4.8%), from €565,452 to €538,152
- Debts after one year -€33,872
down €33,872 (-10.0%), from €339,602 to €305,730
- Other debts +€14,261
up €14,261 (+9.3%), from €153,790 to €168,051
- Profit (loss) carried forward -€7,523
down €7,523 (-37.0%), from €20,344 to €12,821
- Gross operating margin -€56,264
down €56,264 (-52.6%), from €106,960 to €50,696
- Taxes +€19,001
new in 2025: €19,001
- Depreciation +€10,221
up €10,221 (+59.8%), from €17,079 to €27,300
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 | €566,555 | €539,269 | -€27,286 | -4.8% |
| Fixed assets | 21/28 | €565,452 | €538,152 | -€27,300 | -4.8% |
| Tangible fixed assets | 22/27 | €565,452 | €538,152 | -€27,300 | -4.8% |
| Land and buildings | 22 | €565,452 | €538,152 | -€27,300 | -4.8% |
| Current assets | 29/58 | €1,103 | €1,117 | +€14 | +1.3% |
| Cash at bank and in hand | 54/58 | €1,103 | €1,117 | +€14 | +1.3% |
| Total equity and liabilities | 10/49 | €566,555 | €539,269 | -€27,286 | -4.8% |
| Equity | 10/15 | €38,944 | €31,421 | -€7,523 | -19.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,344 | €12,821 | -€7,523 | -37.0% |
| Amounts payable | 17/49 | €527,611 | €507,848 | -€19,763 | -3.7% |
| Amounts payable after more than one year | 17 | €339,602 | €305,730 | -€33,872 | -10.0% |
| Financial debts | 170/4 | €339,602 | €305,730 | -€33,872 | -10.0% |
| Amounts payable within one year | 42/48 | €188,009 | €202,118 | +€14,109 | +7.5% |
| Current portion of amounts payable after more than one year | 42 | €32,988 | €33,872 | +€884 | +2.7% |
| Trade debts | 44 | €1,231 | €195 | -€1,036 | -84.2% |
| Suppliers | 440/4 | €1,231 | €195 | -€1,036 | -84.2% |
| Other amounts payable | 47/48 | €153,790 | €168,051 | +€14,261 | +9.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,079 | €27,300 | +€10,221 | +59.8% |
| Other operating charges | 640/8 | €2,224 | €1,941 | -€283 | -12.7% |
| Gross operating margin | 9900 | €106,960 | €50,696 | -€56,264 | -52.6% |
| Operating profit (loss) | 9901 | €87,657 | €21,455 | -€66,202 | -75.5% |
| Financial charges | 65/66B | €10,464 | €9,977 | -€487 | -4.7% |
| Recurring financial charges | 65 | €10,464 | €9,977 | -€487 | -4.7% |
| Profit (loss) for the period before taxes | 9903 | €77,193 | €11,478 | -€65,715 | -85.1% |
| Income taxes | 67/77 | - | €19,001 | +€19,001 | |
| Profit (loss) for the period | 9904 | €77,193 | -€7,523 | -€84,716 | |
| Profit (loss) for the period to be appropriated | 9905 | €77,193 | -€7,523 | -€84,716 |
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 25 October 2026 via checked.be.