Heimat: 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.
Heimat
Largest movements
- Receivables within one year +€39,584
up €39,584 (+240.0%), from €16,494 to €56,078
- Cash -€11,061
down €11,061 (-57.0%), from €19,419 to €8,358
mainly Net result for the year (-€74,264) and Debts after one year (-€51,438)
- Tangible fixed assets -€7,189
down €7,189 (-1.1%), from €642,376 to €635,187
of which Plant, machinery and equipment: -€4,680
- Other debts +€114,894
up €114,894 (+21.3%), from €539,340 to €654,234
- Profit (loss) carried forward -€74,264
down €74,264 (-17.6%), from -€422,672 to -€496,936
- Debts after one year -€51,438
down €51,438 (-10.4%), from €496,368 to €444,931
- Trade debts +€28,927
up €28,927 (+2332.8%), from €1,240 to €30,167
- Accrued charges and deferred income +€10,502
up €10,502 (+330.8%), from €3,175 to €13,677
- Write-downs +€67,690
new in 2025: €67,690
- Gross operating margin +€9,995
up €9,995 (+21.0%), from €47,635 to €57,630
- Financial charges -€3,124
down €3,124 (-6.6%), from €47,184 to €44,060
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 | €679,075 | €703,434 | +€24,359 | +3.6% |
| Fixed assets | 21/28 | €642,376 | €638,187 | -€4,189 | -0.7% |
| Tangible fixed assets | 22/27 | €642,376 | €635,187 | -€7,189 | -1.1% |
| Land and buildings | 22 | €602,861 | €602,502 | -€359 | -0.1% |
| Plant, machinery and equipment | 23 | €32,028 | €27,348 | -€4,680 | -14.6% |
| Leasing and similar rights | 25 | €7,487 | €5,337 | -€2,150 | -28.7% |
| Financial fixed assets | 28 | - | €3,000 | +€3,000 | |
| Current assets | 29/58 | €36,699 | €65,247 | +€28,548 | +77.8% |
| Amounts receivable within one year | 40/41 | €16,494 | €56,078 | +€39,584 | +240.0% |
| Trade receivables | 40 | €16,494 | €56,078 | +€39,584 | +240.0% |
| Cash at bank and in hand | 54/58 | €19,419 | €8,358 | -€11,061 | -57.0% |
| Deferred charges and accrued income | 490/1 | €786 | €811 | +€25 | +3.2% |
| Total equity and liabilities | 10/49 | €679,075 | €703,434 | +€24,359 | +3.6% |
| Equity | 10/15 | -€418,172 | -€492,436 | -€74,264 | -17.8% |
| Contributions | 10/11 | €4,500 | €4,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€422,672 | -€496,936 | -€74,264 | -17.6% |
| Amounts payable | 17/49 | €1,097,247 | €1,195,870 | +€98,623 | +9.0% |
| Amounts payable after more than one year | 17 | €496,368 | €444,931 | -€51,438 | -10.4% |
| Financial debts | 170/4 | €496,368 | €444,931 | -€51,438 | -10.4% |
| Amounts payable within one year | 42/48 | €597,704 | €737,262 | +€139,558 | +23.3% |
| Current portion of amounts payable after more than one year | 42 | €50,892 | €51,438 | +€546 | +1.1% |
| Trade debts | 44 | €1,240 | €30,167 | +€28,927 | +2332.8% |
| Suppliers | 440/4 | €1,240 | €30,167 | +€28,927 | +2332.8% |
| Taxes, remuneration and social security | 45 | €6,231 | €1,423 | -€4,808 | -77.2% |
| Taxes | 450/3 | €6,231 | €1,423 | -€4,808 | -77.2% |
| Other amounts payable | 47/48 | €539,340 | €654,234 | +€114,894 | +21.3% |
| Accrued charges and deferred income | 492/3 | €3,175 | €13,677 | +€10,502 | +330.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,189 | €7,189 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €67,690 | +€67,690 | |
| Other operating charges | 640/8 | €12,562 | €12,955 | +€393 | +3.1% |
| Gross operating margin | 9900 | €47,635 | €57,630 | +€9,995 | +21.0% |
| Operating profit (loss) | 9901 | €27,884 | -€30,204 | -€58,088 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €47,184 | €44,060 | -€3,124 | -6.6% |
| Recurring financial charges | 65 | €47,184 | €44,060 | -€3,124 | -6.6% |
| Profit (loss) for the period before taxes | 9903 | -€19,300 | -€74,264 | -€54,964 | -284.8% |
| Profit (loss) for the period | 9904 | -€19,300 | -€74,264 | -€54,964 | -284.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,300 | -€74,264 | -€54,964 | -284.8% |
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 11 October 2026 via checked.be.