HEETHEM WIM: 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.
HEETHEM WIM
Largest movements
- Receivables within one year +€33,614
up €33,614 (+89.0%), from €37,750 to €71,364
of which Trade receivables: +€38,428
- Cash -€28,208
down €28,208 (-11.3%), from €250,695 to €222,488
mainly Contributions, distributions and other (-€62,437) and Receivables within one year (-€33,614)
- Tangible fixed assets -€19,544
down €19,544 (-12.8%), from €152,377 to €132,833
of which Furniture and vehicles: -€11,590
- Debts after one year -€25,995
down €25,995 (-48.4%), from €53,697 to €27,702
- Tax, wage and social debts +€14,558
up €14,558 (+70.4%), from €20,676 to €35,234
- Gross operating margin +€46,366
up €46,366 (+66.4%), from €69,836 to €116,202
- Taxes +€13,170
up €13,170 (+97.0%), from €13,584 to €26,754
- Depreciation +€1,775
up €1,775 (+10.0%), from €17,769 to €19,544
- Other operating charges -€1,516
down €1,516 (-53.0%), from €2,859 to €1,343
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 | €440,823 | €430,610 | -€10,213 | -2.3% |
| Fixed assets | 21/28 | €152,377 | €133,113 | -€19,264 | -12.6% |
| Tangible fixed assets | 22/27 | €152,377 | €132,833 | -€19,544 | -12.8% |
| Land and buildings | 22 | €104,464 | €96,511 | -€7,954 | -7.6% |
| Furniture and vehicles | 24 | €47,913 | €36,323 | -€11,590 | -24.2% |
| Financial fixed assets | 28 | - | €280 | +€280 | |
| Current assets | 29/58 | €288,446 | €297,496 | +€9,051 | +3.1% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €37,750 | €71,364 | +€33,614 | +89.0% |
| Trade receivables | 40 | €0 | €38,428 | +€38,428 | |
| Other amounts receivable | 41 | €37,750 | €32,936 | -€4,814 | -12.8% |
| Cash at bank and in hand | 54/58 | €250,695 | €222,488 | -€28,208 | -11.3% |
| Deferred charges and accrued income | 490/1 | €0 | €3,645 | +€3,645 | |
| Total equity and liabilities | 10/49 | €440,823 | €430,610 | -€10,213 | -2.3% |
| Equity | 10/15 | €321,129 | €325,132 | +€4,003 | +1.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €308,658 | €312,661 | +€4,003 | +1.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €306,798 | €310,801 | +€4,003 | +1.3% |
| Profit (loss) carried forward | 14 | €71 | €71 | = | 0.0% |
| Amounts payable | 17/49 | €119,693 | €105,478 | -€14,216 | -11.9% |
| Amounts payable after more than one year | 17 | €53,697 | €27,702 | -€25,995 | -48.4% |
| Financial debts | 170/4 | €53,697 | €27,702 | -€25,995 | -48.4% |
| Amounts payable within one year | 42/48 | €61,801 | €76,972 | +€15,171 | +24.5% |
| Current portion of amounts payable after more than one year | 42 | €29,731 | €30,495 | +€764 | +2.6% |
| Trade debts | 44 | €7,945 | €4,738 | -€3,208 | -40.4% |
| Suppliers | 440/4 | €7,945 | €4,738 | -€3,208 | -40.4% |
| Taxes, remuneration and social security | 45 | €20,676 | €35,234 | +€14,558 | +70.4% |
| Taxes | 450/3 | €20,676 | €35,234 | +€14,558 | +70.4% |
| Other amounts payable | 47/48 | €3,449 | €6,505 | +€3,056 | +88.6% |
| Accrued charges and deferred income | 492/3 | €4,195 | €804 | -€3,392 | -80.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,769 | €19,544 | +€1,775 | +10.0% |
| Other operating charges | 640/8 | €2,859 | €1,343 | -€1,516 | -53.0% |
| Gross operating margin | 9900 | €69,836 | €116,202 | +€46,366 | +66.4% |
| Operating profit (loss) | 9901 | €49,209 | €95,316 | +€46,107 | +93.7% |
| Financial income | 75/76B | - | €864 | +€864 | |
| Recurring financial income | 75 | - | €864 | +€864 | |
| Financial charges | 65/66B | €3,343 | €2,986 | -€357 | -10.7% |
| Recurring financial charges | 65 | €3,343 | €2,986 | -€357 | -10.7% |
| Profit (loss) for the period before taxes | 9903 | €45,866 | €93,194 | +€47,328 | +103% |
| Income taxes | 67/77 | €13,584 | €26,754 | +€13,170 | +97.0% |
| Profit (loss) for the period | 9904 | €32,282 | €66,440 | +€34,157 | +106% |
| Profit (loss) for the period to be appropriated | 9905 | €32,282 | €66,440 | +€34,157 | +106% |
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 20 October 2026 via checked.be.