Heide Management: what changed
Heide Management
Largest movements
- Cash +€39,310
up €39,310 (+1,140%), from €3,448 to €42,758
mainly Net result for the year (+€54,257) and Tax, wage and social debts (+€19,080)
- Tangible fixed assets +€25,451
new in 2025: €25,451
of which Other tangible fixed assets: +€19,638
- Receivables within one year +€8,494
up €8,494 (+162%), from €5,240 to €13,734
- Reserves +€50,860
new in 2025: €50,860
- Tax, wage and social debts +€19,080
up €19,080 (+1,133%), from €1,684 to €20,765
- Profit (loss) carried forward +€3,396
up €3,396, from -€3,396 to €0
- Trade debts -€907
down €907 (-100%), from €907 to €0
- Gross operating margin +€71,689
up €71,689, from -€2,692 to €68,998
- Taxes +€13,044
up €13,044 (+51,804%), from €25 to €13,069
- Depreciation +€874
new in 2025: €874
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,437 | €81,943 | +€72,506 | +768% |
| Fixed assets | 21/28 | - | €25,451 | +€25,451 | |
| Tangible fixed assets | 22/27 | - | €25,451 | +€25,451 | |
| Plant, machinery and equipment | 23 | - | €1,213 | +€1,213 | |
| Furniture and vehicles | 24 | - | €4,600 | +€4,600 | |
| Other tangible fixed assets | 26 | - | €19,638 | +€19,638 | |
| Current assets | 29/58 | €9,437 | €56,492 | +€47,054 | +499% |
| Amounts receivable within one year | 40/41 | €5,240 | €13,734 | +€8,494 | +162% |
| Trade receivables | 40 | €5,240 | €13,734 | +€8,494 | +162% |
| Cash at bank and in hand | 54/58 | €3,448 | €42,758 | +€39,310 | +1,140% |
| Deferred charges and accrued income | 490/1 | €750 | €0 | -€750 | -100% |
| Total equity and liabilities | 10/49 | €9,437 | €81,943 | +€72,506 | +768% |
| Equity | 10/15 | -€1,396 | €52,860 | +€54,257 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | - | €50,860 | +€50,860 | |
| Distributable reserves | 133 | - | €50,860 | +€50,860 | |
| Profit (loss) carried forward | 14 | -€3,396 | €0 | +€3,396 | |
| Amounts payable | 17/49 | €10,834 | €29,083 | +€18,249 | +168% |
| Amounts payable within one year | 42/48 | €10,834 | €29,083 | +€18,249 | +168% |
| Trade debts | 44 | €907 | €0 | -€907 | -100% |
| Suppliers | 440/4 | €907 | €0 | -€907 | -100% |
| Taxes, remuneration and social security | 45 | €1,684 | €20,765 | +€19,080 | +1,133% |
| Taxes | 450/3 | €1,684 | €20,765 | +€19,080 | +1,133% |
| Other amounts payable | 47/48 | €8,242 | €8,318 | +€76 | +0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €874 | +€874 | |
| Other operating charges | 640/8 | €652 | €249 | -€403 | -61.8% |
| Gross operating margin | 9900 | -€2,692 | €68,998 | +€71,689 | |
| Operating profit (loss) | 9901 | -€3,344 | €67,874 | +€71,218 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €28 | €548 | +€521 | +1,893% |
| Recurring financial charges | 65 | €28 | €548 | +€521 | +1,893% |
| Profit (loss) for the period before taxes | 9903 | -€3,371 | €67,326 | +€70,697 | |
| Income taxes | 67/77 | €25 | €13,069 | +€13,044 | +51,804% |
| Profit (loss) for the period | 9904 | -€3,396 | €54,257 | +€57,653 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,396 | €54,257 | +€57,653 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.