HEGER SERVICES: 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.
HEGER SERVICES
Largest movements
- Tangible fixed assets +€400,345
up €400,345 (+12.7%), from €3.2m to €3.6m
of which Leasing and similar rights: +€549,714
- Cash -€223,441
down €223,441 (-98.3%), from €227,402 to €3,961
mainly Investment in fixed assets (net) (-€1.2m) and Trade debts (-€608,641)
- Receivables within one year -€76,451
down €76,451 (-4.7%), from €1.6m to €1.5m
of which Other amounts receivable: -€61,867
- Trade debts -€608,641
down €608,641 (-57.2%), from €1.1m to €455,192
- Debts after one year +€353,018
up €353,018 (+14.4%), from €2.5m to €2.8m
- Profit (loss) carried forward +€161,673
up €161,673 (+34.2%), from €472,710 to €634,383
- Current portion of long-term debt +€114,027
up €114,027 (+19.4%), from €588,344 to €702,371
- Tax, wage and social debts +€82,646
up €82,646 (+97.4%), from €84,846 to €167,492
of which Remuneration and social security: +€68,025
- Turnover +€5.4m
new in 2025: €5.4m
- Purchases and services +€2.8m
new in 2025: €2.8m
- Gross operating margin +€1.1m
up €1.1m (+60.9%), from €1.8m to €2.8m
- Staff costs +€625,721
up €625,721 (+61.8%), from €1.0m to €1.6m
- Depreciation +€345,213
up €345,213 (+75.0%), from €460,552 to €805,765
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 | €5,006,627 | €5,157,350 | +€150,723 | +3.0% |
| Fixed assets | 21/28 | €3,161,639 | €3,562,254 | +€400,615 | +12.7% |
| Tangible fixed assets | 22/27 | €3,159,684 | €3,560,029 | +€400,345 | +12.7% |
| Plant, machinery and equipment | 23 | €337,576 | €278,557 | -€59,019 | -17.5% |
| Furniture and vehicles | 24 | €420,311 | €329,961 | -€90,350 | -21.5% |
| Leasing and similar rights | 25 | €2,401,798 | €2,951,511 | +€549,714 | +22.9% |
| Financial fixed assets | 28 | €1,955 | €2,225 | +€270 | +13.8% |
| Current assets | 29/58 | €1,844,988 | €1,595,096 | -€249,892 | -13.5% |
| Amounts receivable within one year | 40/41 | €1,617,586 | €1,541,134 | -€76,451 | -4.7% |
| Trade receivables | 40 | €1,544,157 | €1,529,573 | -€14,584 | -0.9% |
| Other amounts receivable | 41 | €73,429 | €11,562 | -€61,867 | -84.3% |
| Cash at bank and in hand | 54/58 | €227,402 | €3,961 | -€223,441 | -98.3% |
| Deferred charges and accrued income | 490/1 | - | €50,000 | +€50,000 | |
| Total equity and liabilities | 10/49 | €5,006,627 | €5,157,350 | +€150,723 | +3.0% |
| Equity | 10/15 | €502,710 | €664,383 | +€161,673 | +32.2% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €472,710 | €634,383 | +€161,673 | +34.2% |
| Amounts payable | 17/49 | €4,503,917 | €4,492,967 | -€10,950 | -0.2% |
| Amounts payable after more than one year | 17 | €2,452,955 | €2,805,973 | +€353,018 | +14.4% |
| Financial debts | 170/4 | €2,452,955 | €2,805,973 | +€353,018 | +14.4% |
| Amounts payable within one year | 42/48 | €2,050,962 | €1,686,994 | -€363,969 | -17.7% |
| Current portion of amounts payable after more than one year | 42 | €588,344 | €702,371 | +€114,027 | +19.4% |
| Financial debts | 43 | €249,890 | €222,597 | -€27,293 | -10.9% |
| Credit institutions | 430/8 | €249,890 | €222,597 | -€27,293 | -10.9% |
| Trade debts | 44 | €1,063,833 | €455,192 | -€608,641 | -57.2% |
| Suppliers | 440/4 | €1,063,833 | €455,192 | -€608,641 | -57.2% |
| Taxes, remuneration and social security | 45 | €84,846 | €167,492 | +€82,646 | +97.4% |
| Taxes | 450/3 | €790 | €15,411 | +€14,621 | +1850.4% |
| Remuneration and social security | 454/9 | €84,056 | €152,081 | +€68,025 | +80.9% |
| Other amounts payable | 47/48 | €64,050 | €139,343 | +€75,292 | +117.6% |
| Turnover | 70 | - | €5,390,090 | +€5.4m | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €2,793,159 | +€2.8m | |
| Remuneration, social security and pensions | 62 | €1,012,116 | €1,637,836 | +€625,721 | +61.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €460,552 | €805,765 | +€345,213 | +75.0% |
| Other operating charges | 640/8 | €71,647 | €97,481 | +€25,833 | +36.1% |
| Gross operating margin | 9900 | €1,754,647 | €2,822,919 | +€1.1m | +60.9% |
| Operating profit (loss) | 9901 | €210,332 | €281,838 | +€71,505 | +34.0% |
| Financial income | 75/76B | €32,174 | €1 | -€32,173 | -100.0% |
| Recurring financial income | 75 | €90 | €1 | -€90 | -99.0% |
| Non-recurring financial income | 76B | €32,083 | - | -€32,083 | |
| Financial charges | 65/66B | €70,844 | €120,165 | +€49,321 | +69.6% |
| Recurring financial charges | 65 | €70,844 | €117,874 | +€47,030 | +66.4% |
| Non-recurring financial charges | 66B | - | €2,292 | +€2,292 | |
| Profit (loss) for the period before taxes | 9903 | €171,662 | €161,673 | -€9,989 | -5.8% |
| Profit (loss) for the period | 9904 | €171,662 | €161,673 | -€9,989 | -5.8% |
| Profit (loss) for the period to be appropriated | 9905 | €171,662 | €161,673 | -€9,989 | -5.8% |
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 9 October 2026 via checked.be.