HEIDI DELICATESSEN: what changed
HEIDI DELICATESSEN
Largest movements
- Cash -€13,354
down €13,354 (-20.3%), from €65,850 to €52,496
mainly Net result for the year (-€14,332) and Investment in fixed assets (net) (-€2,453)
- Tangible fixed assets -€4,793
down €4,793 (-27.3%), from €17,544 to €12,751
of which Plant, machinery and equipment: -€6,394
- Receivables within one year +€2,091
up €2,091 (+47.9%), from €4,362 to €6,453
- Reserves -€14,332
down €14,332 (-35.2%), from €40,682 to €26,350
of which Distributable reserves: -€14,332
- Trade debts +€1,512
up €1,512 (+13.2%), from €11,429 to €12,940
- Debts after one year -€1,355
down €1,355 (-41.5%), from €3,262 to €1,907
- Tax, wage and social debts -€1,126
down €1,126 (-23.4%), from €4,805 to €3,679
of which Taxes: -€1,062
- Gross operating margin -€16,519
down €16,519 (-29.8%), from €55,397 to €38,878
- Staff costs +€3,381
up €3,381 (+8.5%), from €39,767 to €43,148
- Other operating charges -€1,486
down €1,486 (-50.9%), from €2,921 to €1,436
- Taxes -€1,473
down €1,473 (-82.7%), from €1,780 to €307
- Financial charges -€847
down €847 (-43.9%), from €1,930 to €1,083
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 | €103,090 | €87,438 | -€15,652 | -15.2% |
| Fixed assets | 21/28 | €17,544 | €12,751 | -€4,793 | -27.3% |
| Tangible fixed assets | 22/27 | €17,544 | €12,751 | -€4,793 | -27.3% |
| Land and buildings | 22 | €3,809 | €3,211 | -€597 | -15.7% |
| Plant, machinery and equipment | 23 | €13,735 | €7,342 | -€6,394 | -46.5% |
| Furniture and vehicles | 24 | - | €2,198 | +€2,198 | |
| Current assets | 29/58 | €85,546 | €74,688 | -€10,858 | -12.7% |
| Stocks and contracts in progress | 3 | €12,345 | €12,171 | -€174 | -1.4% |
| Stocks | 30/36 | €12,345 | €12,171 | -€174 | -1.4% |
| Amounts receivable within one year | 40/41 | €4,362 | €6,453 | +€2,091 | +47.9% |
| Trade receivables | 40 | €4,362 | €6,453 | +€2,091 | +47.9% |
| Cash at bank and in hand | 54/58 | €65,850 | €52,496 | -€13,354 | -20.3% |
| Deferred charges and accrued income | 490/1 | €2,989 | €3,568 | +€578 | +19.3% |
| Total equity and liabilities | 10/49 | €103,090 | €87,438 | -€15,652 | -15.2% |
| Equity | 10/15 | €59,682 | €45,350 | -€14,332 | -24.0% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €40,682 | €26,350 | -€14,332 | -35.2% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Distributable reserves | 133 | €38,782 | €24,450 | -€14,332 | -37.0% |
| Provisions and deferred taxes | 16 | €20,000 | €20,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €20,000 | €20,000 | = | 0.0% |
| Major repairs and maintenance | 162 | €20,000 | €20,000 | = | 0.0% |
| Amounts payable | 17/49 | €23,408 | €22,088 | -€1,320 | -5.6% |
| Amounts payable after more than one year | 17 | €3,262 | €1,907 | -€1,355 | -41.5% |
| Financial debts | 170/4 | €3,262 | €1,907 | -€1,355 | -41.5% |
| Amounts payable within one year | 42/48 | €20,146 | €20,181 | +€35 | +0.2% |
| Current portion of amounts payable after more than one year | 42 | €1,293 | €1,283 | -€10 | -0.8% |
| Trade debts | 44 | €11,429 | €12,940 | +€1,512 | +13.2% |
| Suppliers | 440/4 | €11,429 | €12,940 | +€1,512 | +13.2% |
| Taxes, remuneration and social security | 45 | €4,805 | €3,679 | -€1,126 | -23.4% |
| Taxes | 450/3 | €3,432 | €2,370 | -€1,062 | -30.9% |
| Remuneration and social security | 454/9 | €1,373 | €1,309 | -€64 | -4.6% |
| Other amounts payable | 47/48 | €2,619 | €2,278 | -€341 | -13.0% |
| Remuneration, social security and pensions | 62 | €39,767 | €43,148 | +€3,381 | +8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,433 | €7,246 | -€186 | -2.5% |
| Other operating charges | 640/8 | €2,921 | €1,436 | -€1,486 | -50.9% |
| Gross operating margin | 9900 | €55,397 | €38,878 | -€16,519 | -29.8% |
| Operating profit (loss) | 9901 | €5,276 | -€12,952 | -€18,228 | |
| Financial income | 75/76B | €5 | €10 | +€5 | +94.1% |
| Recurring financial income | 75 | €5 | €10 | +€5 | +94.1% |
| Financial charges | 65/66B | €1,930 | €1,083 | -€847 | -43.9% |
| Recurring financial charges | 65 | €1,930 | €1,083 | -€847 | -43.9% |
| Profit (loss) for the period before taxes | 9903 | €3,351 | -€14,025 | -€17,376 | |
| Income taxes | 67/77 | €1,780 | €307 | -€1,473 | -82.7% |
| Profit (loss) for the period | 9904 | €1,571 | -€14,332 | -€15,904 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,571 | -€14,332 | -€15,904 |
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 8 November 2026 via checked.be.