HEIKKI: 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.
HEIKKI
Largest movements
- Tangible fixed assets -€15,931
down €15,931 (-7.3%), from €219,071 to €203,140
of which Land and buildings: -€13,354
- Receivables within one year +€12,985
up €12,985 (+37.5%), from €34,668 to €47,653
of which Trade receivables: +€14,635
- Cash -€3,776
down €3,776 (-26.5%), from €14,267 to €10,492
mainly Receivables within one year (-€12,985) and Debts after one year (-€10,347)
- Debts after one year -€10,347
down €10,347 (-5.6%), from €184,780 to €174,433
- Profit (loss) carried forward +€3,543
up €3,543 (+13.0%), from -€27,181 to -€23,638
- Gross operating margin +€28,581
up €28,581, from -€1,511 to €27,070
- Other operating charges -€2,012
down €2,012 (-57.9%), from €3,477 to €1,464
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 | €268,006 | €263,335 | -€4,671 | -1.7% |
| Fixed assets | 21/28 | €219,071 | €203,140 | -€15,931 | -7.3% |
| Tangible fixed assets | 22/27 | €219,071 | €203,140 | -€15,931 | -7.3% |
| Land and buildings | 22 | €201,769 | €188,415 | -€13,354 | -6.6% |
| Plant, machinery and equipment | 23 | €10,314 | €6,616 | -€3,698 | -35.9% |
| Furniture and vehicles | 24 | €2,590 | €1,899 | -€691 | -26.7% |
| Other tangible fixed assets | 26 | €4,398 | €6,210 | +€1,813 | +41.2% |
| Current assets | 29/58 | €48,935 | €60,195 | +€11,260 | +23.0% |
| Amounts receivable within one year | 40/41 | €34,668 | €47,653 | +€12,985 | +37.5% |
| Trade receivables | 40 | €32,223 | €46,858 | +€14,635 | +45.4% |
| Other amounts receivable | 41 | €2,445 | €795 | -€1,650 | -67.5% |
| Cash at bank and in hand | 54/58 | €14,267 | €10,492 | -€3,776 | -26.5% |
| Deferred charges and accrued income | 490/1 | €0 | €2,051 | +€2,051 | |
| Total equity and liabilities | 10/49 | €268,006 | €263,335 | -€4,671 | -1.7% |
| Equity | 10/15 | €37,310 | €40,853 | +€3,543 | +9.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €58,291 | €58,291 | = | 0.0% |
| Distributable reserves | 133 | €58,291 | €58,291 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,181 | -€23,638 | +€3,543 | +13.0% |
| Amounts payable | 17/49 | €230,695 | €222,481 | -€8,214 | -3.6% |
| Amounts payable after more than one year | 17 | €184,780 | €174,433 | -€10,347 | -5.6% |
| Financial debts | 170/4 | €184,780 | €174,433 | -€10,347 | -5.6% |
| Amounts payable within one year | 42/48 | €43,866 | €44,942 | +€1,076 | +2.5% |
| Current portion of amounts payable after more than one year | 42 | €10,163 | €10,347 | +€184 | +1.8% |
| Financial debts | 43 | €1,644 | €1,285 | -€359 | -21.9% |
| Credit institutions | 430/8 | €1,644 | €1,285 | -€359 | -21.9% |
| Trade debts | 44 | €4,856 | €4,779 | -€77 | -1.6% |
| Suppliers | 440/4 | €4,856 | €4,779 | -€77 | -1.6% |
| Taxes, remuneration and social security | 45 | €7,044 | €7,906 | +€862 | +12.2% |
| Taxes | 450/3 | €7,044 | €7,906 | +€862 | +12.2% |
| Other amounts payable | 47/48 | €20,159 | €20,625 | +€466 | +2.3% |
| Accrued charges and deferred income | 492/3 | €2,049 | €3,106 | +€1,057 | +51.6% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,620 | €17,744 | +€124 | +0.7% |
| Other operating charges | 640/8 | €3,477 | €1,464 | -€2,012 | -57.9% |
| Gross operating margin | 9900 | -€1,511 | €27,070 | +€28,581 | |
| Operating profit (loss) | 9901 | -€22,608 | €7,862 | +€30,470 | |
| Financial income | 75/76B | €12 | €0 | -€12 | -99.7% |
| Recurring financial income | 75 | €12 | €0 | -€12 | -99.7% |
| Financial charges | 65/66B | €4,366 | €4,110 | -€255 | -5.8% |
| Recurring financial charges | 65 | €4,366 | €4,110 | -€255 | -5.8% |
| Profit (loss) for the period before taxes | 9903 | -€26,962 | €3,752 | +€30,714 | |
| Income taxes | 67/77 | €219 | €209 | -€10 | -4.7% |
| Profit (loss) for the period | 9904 | -€27,181 | €3,543 | +€30,724 | |
| Profit (loss) for the period to be appropriated | 9905 | -€27,181 | €3,543 | +€30,724 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.