Heilan Coo: 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.
Heilan Coo
Largest movements
- Stocks and contracts +€1,550
up €1,550 (+13.9%), from €11,169 to €12,719
- Deferred charges and accrued income +€980
new in 2025: €980
- Receivables within one year -€944
down €944 (-52.3%), from €1,805 to €861
of which Trade receivables: -€1,264
- Cash +€641
up €641 (+7.2%), from €8,930 to €9,572
mainly Net result for the year (+€7,961) and Trade debts (+€1,065)
- Profit (loss) carried forward +€7,961
up €7,961 (+44.7%), from -€17,813 to -€9,851
- Accrued charges and deferred income -€4,335
down €4,335 (-100%), from €4,335 to €0
- Other debts -€2,444
down €2,444 (-11.8%), from €20,799 to €18,355
- Trade debts +€1,065
up €1,065 (+352%), from €303 to €1,368
- Gross operating margin +€8,551
up €8,551 (+3,871%), from €221 to €8,771
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.
Derived cash bridge
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 | €21,905 | €24,131 | +€2,227 | +10.2% |
| Current assets | 29/58 | €21,905 | €24,131 | +€2,227 | +10.2% |
| Stocks and contracts in progress | 3 | €11,169 | €12,719 | +€1,550 | +13.9% |
| Stocks | 30/36 | €11,169 | €12,719 | +€1,550 | +13.9% |
| Amounts receivable within one year | 40/41 | €1,805 | €861 | -€944 | -52.3% |
| Trade receivables | 40 | €1,805 | €541 | -€1,264 | -70.0% |
| Other amounts receivable | 41 | €0 | €320 | +€320 | |
| Cash at bank and in hand | 54/58 | €8,930 | €9,572 | +€641 | +7.2% |
| Deferred charges and accrued income | 490/1 | - | €980 | +€980 | |
| Total equity and liabilities | 10/49 | €21,905 | €24,131 | +€2,227 | +10.2% |
| Equity | 10/15 | -€3,553 | €4,409 | +€7,961 | |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | -€17,813 | -€9,851 | +€7,961 | +44.7% |
| Amounts payable | 17/49 | €25,457 | €19,723 | -€5,734 | -22.5% |
| Amounts payable within one year | 42/48 | €21,122 | €19,723 | -€1,399 | -6.6% |
| Trade debts | 44 | €303 | €1,368 | +€1,065 | +352% |
| Suppliers | 440/4 | €303 | €1,368 | +€1,065 | +352% |
| Taxes, remuneration and social security | 45 | €21 | €0 | -€21 | -100% |
| Taxes | 450/3 | €21 | €0 | -€21 | -100% |
| Other amounts payable | 47/48 | €20,799 | €18,355 | -€2,444 | -11.8% |
| Accrued charges and deferred income | 492/3 | €4,335 | €0 | -€4,335 | -100% |
| Other operating charges | 640/8 | €666 | €727 | +€61 | +9.2% |
| Gross operating margin | 9900 | €221 | €8,771 | +€8,551 | +3,871% |
| Operating profit (loss) | 9901 | -€445 | €8,044 | +€8,489 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €80 | €83 | +€3 | +3.9% |
| Recurring financial charges | 65 | €80 | €83 | +€3 | +3.9% |
| Profit (loss) for the period before taxes | 9903 | -€525 | €7,961 | +€8,486 | |
| Profit (loss) for the period | 9904 | -€525 | €7,961 | +€8,486 | |
| Profit (loss) for the period to be appropriated | 9905 | -€525 | €7,961 | +€8,486 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.