HEIDEGROND: what changed
Two fiscal 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.
HEIDEGROND
Largest movements
- Stocks and contracts -€151,093
down €151,093 (-56.1%), from €269,378 to €118,285
- Advances received -€178,848
no longer reported in 2025 (was €178,848)
- Reserves +€18,085
up €18,085 (+635.3%), from €2,847 to €20,931
- Trade debts +€10,000
up €10,000 (+11111.1%), from €90 to €10,090
- Tax, wage and social debts +€3,926
new in 2025: €3,926
- Gross operating margin +€23,993
up €23,993, from -€1,852 to €22,141
- Taxes +€3,926
new in 2025: €3,926
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 | €273,037 | €123,548 | -€149,489 | -54.8% |
| Current assets | 29/58 | €273,037 | €123,548 | -€149,489 | -54.8% |
| Stocks and contracts in progress | 3 | €269,378 | €118,285 | -€151,093 | -56.1% |
| Stocks | 30/36 | €269,378 | €118,285 | -€151,093 | -56.1% |
| Cash at bank and in hand | 54/58 | €3,659 | €5,262 | +€1,604 | +43.8% |
| Total equity and liabilities | 10/49 | €273,037 | €123,548 | -€149,489 | -54.8% |
| Equity | 10/15 | €21,447 | €39,531 | +€18,085 | +84.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,847 | €20,931 | +€18,085 | +635.3% |
| Distributable reserves | 133 | €2,847 | €20,931 | +€18,085 | +635.3% |
| Amounts payable | 17/49 | €251,590 | €84,016 | -€167,574 | -66.6% |
| Amounts payable within one year | 42/48 | €251,590 | €84,016 | -€167,574 | -66.6% |
| Trade debts | 44 | €90 | €10,090 | +€10,000 | +11111.1% |
| Suppliers | 440/4 | €90 | €10,090 | +€10,000 | +11111.1% |
| Advances received on contracts in progress | 46 | €178,848 | - | -€178,848 | |
| Taxes, remuneration and social security | 45 | - | €3,926 | +€3,926 | |
| Taxes | 450/3 | - | €3,926 | +€3,926 | |
| Other amounts payable | 47/48 | €72,652 | €70,000 | -€2,652 | -3.7% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | -€1,852 | €22,141 | +€23,993 | |
| Operating profit (loss) | 9901 | -€1,970 | €22,021 | +€23,991 | |
| Financial income | 75/76B | €3 | €28 | +€25 | +898.6% |
| Recurring financial income | 75 | €3 | €28 | +€25 | +898.6% |
| Financial charges | 65/66B | €31 | €38 | +€7 | +24.1% |
| Recurring financial charges | 65 | €31 | €38 | +€7 | +24.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,998 | €22,011 | +€24,009 | |
| Income taxes | 67/77 | - | €3,926 | +€3,926 | |
| Profit (loss) for the period | 9904 | -€1,998 | €18,085 | +€20,083 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,998 | €18,085 | +€20,083 |
Source: filed annual accounts (NBB), fiscal years ended 31 August 2024 and 31 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.