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
- Cash -€76,489
down €76,489 (-85.6%), from €89,327 to €12,838
mainly Investment in fixed assets (net) (-€67,742) and Other debts (-€46,722)
- Financial fixed assets +€67,742
up €67,742 (+5.1%), from €1.3m to €1.4m
- Other debts -€46,722
down €46,722 (-63.3%), from €73,837 to €27,115
- Reserves +€44,450
up €44,450 (+5.7%), from €784,796 to €829,246
- Gross operating margin -€5,408
down €5,408 (-7.3%), from €74,136 to €68,728
- Financial charges -€1,626
down €1,626 (-30.6%), from €5,318 to €3,691
- Taxes -€1,231
down €1,231 (-7.7%), from €15,901 to €14,669
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 | €1,479,760 | €1,462,779 | -€16,981 | -1.1% |
| Fixed assets | 21/28 | €1,359,376 | €1,422,312 | +€62,935 | +4.6% |
| Tangible fixed assets | 22/27 | €32,063 | €27,257 | -€4,806 | -15.0% |
| Land and buildings | 22 | €22,500 | €22,500 | = | 0.0% |
| Plant, machinery and equipment | 23 | €262 | - | -€262 | |
| Furniture and vehicles | 24 | €4,512 | €3,221 | -€1,291 | -28.6% |
| Other tangible fixed assets | 26 | €4,789 | €1,536 | -€3,253 | -67.9% |
| Financial fixed assets | 28 | €1,327,313 | €1,395,055 | +€67,742 | +5.1% |
| Current assets | 29/58 | €120,384 | €40,468 | -€79,916 | -66.4% |
| Amounts receivable within one year | 40/41 | €31,057 | €27,630 | -€3,427 | -11.0% |
| Trade receivables | 40 | €25,249 | €25,249 | = | 0.0% |
| Other amounts receivable | 41 | €5,808 | €2,381 | -€3,427 | -59.0% |
| Cash at bank and in hand | 54/58 | €89,327 | €12,838 | -€76,489 | -85.6% |
| Total equity and liabilities | 10/49 | €1,479,760 | €1,462,779 | -€16,981 | -1.1% |
| Equity | 10/15 | €803,396 | €847,846 | +€44,450 | +5.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €784,796 | €829,246 | +€44,450 | +5.7% |
| Distributable reserves | 133 | €784,796 | €829,246 | +€44,450 | +5.7% |
| Amounts payable | 17/49 | €676,364 | €614,933 | -€61,430 | -9.1% |
| Amounts payable after more than one year | 17 | €576,235 | €576,235 | = | 0.0% |
| Other amounts payable | 178/9 | €576,235 | €576,235 | = | 0.0% |
| Amounts payable within one year | 42/48 | €96,880 | €36,197 | -€60,682 | -62.6% |
| Financial debts | 43 | €11,934 | - | -€11,934 | |
| Credit institutions | 430/8 | €11,934 | - | -€11,934 | |
| Trade debts | 44 | - | €150 | +€150 | |
| Suppliers | 440/4 | - | €150 | +€150 | |
| Taxes, remuneration and social security | 45 | €11,109 | €8,933 | -€2,176 | -19.6% |
| Taxes | 450/3 | €11,109 | €8,933 | -€2,176 | -19.6% |
| Other amounts payable | 47/48 | €73,837 | €27,115 | -€46,722 | -63.3% |
| Accrued charges and deferred income | 492/3 | €3,250 | €2,502 | -€748 | -23.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,234 | €4,806 | +€573 | +13.5% |
| Other operating charges | 640/8 | €1,101 | €1,112 | +€11 | +1.0% |
| Gross operating margin | 9900 | €74,136 | €68,728 | -€5,408 | -7.3% |
| Operating profit (loss) | 9901 | €68,802 | €62,811 | -€5,991 | -8.7% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €5,318 | €3,691 | -€1,626 | -30.6% |
| Recurring financial charges | 65 | €5,318 | €3,691 | -€1,626 | -30.6% |
| Profit (loss) for the period before taxes | 9903 | €63,484 | €59,119 | -€4,365 | -6.9% |
| Income taxes | 67/77 | €15,901 | €14,669 | -€1,231 | -7.7% |
| Profit (loss) for the period | 9904 | €47,583 | €44,450 | -€3,134 | -6.6% |
| Profit (loss) for the period to be appropriated | 9905 | €47,583 | €44,450 | -€3,134 | -6.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.