HEIDEVELD: 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.
HEIDEVELD
Largest movements
- Current assets +€27,724
up €27,724 (+93.3%), from €29,712 to €57,436
of which Receivables within one year: +€34,515
- Tangible fixed assets -€1,775
down €1,775 (-27.4%), from €6,479 to €4,704
- Debts +€25,950
up €25,950 (+78.2%), from €33,190 to €59,140
- Gross operating margin +€40,746
up €40,746 (+95.2%), from €42,816 to €83,562
From the 2019 result to the 2020 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2019 | 2020 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €36,190 | €62,140 | +€25,950 | +71.7% |
| Fixed assets | 21/28 | €6,479 | €4,704 | -€1,775 | -27.4% |
| Tangible fixed assets | 22/27 | €6,479 | €4,704 | -€1,775 | -27.4% |
| Current assets | 29/58 | €29,712 | €57,436 | +€27,724 | +93.3% |
| Amounts receivable within one year | 40/41 | - | €34,515 | +€34,515 | |
| Cash at bank and in hand | 54/58 | €29,384 | €21,366 | -€8,018 | -27.3% |
| Total equity and liabilities | 10/49 | €36,190 | €62,140 | +€25,950 | +71.7% |
| Equity | 10/15 | €3,000 | €3,000 | = | 0.0% |
| Contributions | 10/11 | €3,000 | - | -€3,000 | |
| Amounts payable | 17/49 | €33,190 | €59,140 | +€25,950 | +78.2% |
| Amounts payable within one year | 42/48 | €32,236 | €58,186 | +€25,950 | +80.5% |
| Trade debts | 44 | - | €521 | +€521 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,943 | €1,775 | -€168 | -8.7% |
| Gross operating margin | 9900 | €42,816 | €83,562 | +€40,746 | +95.2% |
| Operating profit (loss) | 9901 | €11,789 | €50,440 | +€38,651 | +328% |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Recurring financial charges | 65 | €40 | €61 | +€21 | +53.8% |
| Profit (loss) for the period before taxes | 9903 | €11,749 | €50,379 | +€38,630 | +329% |
| Profit (loss) for the period | 9904 | €11,749 | €50,379 | +€38,630 | +329% |
| Profit (loss) for the period to be appropriated | 9905 | €11,749 | €50,379 | +€38,630 | +329% |
Source: filed annual accounts (NBB), financial years ended 31 December 2019 and 31 December 2020. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.