HEIDEPARK: 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.
HEIDEPARK
Largest movements
- Receivables within one year +€65,760
new in 2025: €65,760
- Cash -€46,107
down €46,107 (-96.5%), from €47,763 to €1,656
mainly Receivables within one year (-€65,760) and Trade debts (-€1,802)
- Tangible fixed assets -€6,025
down €6,025 (-14.6%), from €41,394 to €35,369
of which Plant, machinery and equipment: -€6,025
- Profit (loss) carried forward +€16,525
up €16,525 (+6.0%), from -€274,526 to -€258,001
- Trade debts -€1,802
down €1,802 (-70.8%), from €2,544 to €742
- Other debts -€1,637
down €1,637 (-0.6%), from €268,705 to €267,069
- Gross operating margin +€2,796
up €2,796 (+12.3%), from €22,720 to €25,516
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 | €91,683 | €105,399 | +€13,716 | +15.0% |
| Fixed assets | 21/28 | €41,394 | €35,369 | -€6,025 | -14.6% |
| Tangible fixed assets | 22/27 | €41,394 | €35,369 | -€6,025 | -14.6% |
| Land and buildings | 22 | €24,665 | €24,665 | = | 0.0% |
| Plant, machinery and equipment | 23 | €16,729 | €10,704 | -€6,025 | -36.0% |
| Current assets | 29/58 | €50,289 | €70,030 | +€19,740 | +39.3% |
| Amounts receivable within one year | 40/41 | - | €65,760 | +€65,760 | |
| Other amounts receivable | 41 | - | €65,760 | +€65,760 | |
| Cash at bank and in hand | 54/58 | €47,763 | €1,656 | -€46,107 | -96.5% |
| Deferred charges and accrued income | 490/1 | €2,527 | €2,613 | +€87 | +3.4% |
| Total equity and liabilities | 10/49 | €91,683 | €105,399 | +€13,716 | +15.0% |
| Equity | 10/15 | -€179,566 | -€163,041 | +€16,525 | +9.2% |
| Contributions | 10/11 | €94,200 | €94,200 | = | 0.0% |
| Capital | 10 | €94,200 | €94,200 | = | 0.0% |
| Issued capital | 100 | €94,200 | €94,200 | = | 0.0% |
| Reserves | 13 | €760 | €760 | = | 0.0% |
| Non-distributable reserves | 130/1 | €449 | €449 | = | 0.0% |
| Legal reserve | 130 | €449 | €449 | = | 0.0% |
| Distributable reserves | 133 | €312 | €312 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€274,526 | -€258,001 | +€16,525 | +6.0% |
| Amounts payable | 17/49 | €271,250 | €268,440 | -€2,810 | -1.0% |
| Amounts payable within one year | 42/48 | €271,250 | €267,811 | -€3,439 | -1.3% |
| Trade debts | 44 | €2,544 | €742 | -€1,802 | -70.8% |
| Suppliers | 440/4 | €2,544 | €742 | -€1,802 | -70.8% |
| Other amounts payable | 47/48 | €268,705 | €267,069 | -€1,637 | -0.6% |
| Accrued charges and deferred income | 492/3 | - | €629 | +€629 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,025 | €6,025 | = | 0.0% |
| Other operating charges | 640/8 | €2,706 | €2,845 | +€139 | +5.1% |
| Gross operating margin | 9900 | €22,720 | €25,516 | +€2,796 | +12.3% |
| Operating profit (loss) | 9901 | €13,989 | €16,646 | +€2,657 | +19.0% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €116 | €123 | +€7 | +6.2% |
| Recurring financial charges | 65 | €116 | €123 | +€7 | +6.2% |
| Profit (loss) for the period before taxes | 9903 | €13,873 | €16,525 | +€2,652 | +19.1% |
| Profit (loss) for the period | 9904 | €13,873 | €16,525 | +€2,652 | +19.1% |
| Profit (loss) for the period to be appropriated | 9905 | €13,873 | €16,525 | +€2,652 | +19.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.