Heindrichs: what changed
Two fiscal 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.
Heindrichs
Largest movements
- Receivables within one year +€20,091
up €20,091 (+442.0%), from €4,545 to €24,637
of which Trade receivables: +€13,327
- Tangible fixed assets -€14,577
down €14,577 (-26.1%), from €55,829 to €41,251
of which Furniture and vehicles: -€9,577
- Cash -€4,269
down €4,269 (-12.5%), from €34,186 to €29,917
mainly Other debts (-€28,653) and Receivables within one year (-€20,091)
- Other debts -€28,653
no longer reported in 2025 (was €28,653)
- Profit (loss) carried forward +€17,862
up €17,862 (+79.8%), from €22,389 to €40,251
- Debts after one year +€8,763
up €8,763 (+59.0%), from €14,849 to €23,612
- Current portion of long-term debt +€4,044
up €4,044 (+38.6%), from €10,472 to €14,516
- Trade debts -€3,599
down €3,599 (-96.3%), from €3,739 to €140
- Depreciation +€5,928
up €5,928 (+67.9%), from €8,725 to €14,653
- Taxes -€2,137
down €2,137 (-30.7%), from €6,961 to €4,825
- Gross operating margin -€632
down €632 (-1.6%), from €39,938 to €39,306
- Financial charges +€409
up €409 (+28.7%), from €1,424 to €1,833
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 | €95,317 | €96,360 | +€1,043 | +1.1% |
| Formation expenses | 20 | €76 | - | -€76 | |
| Fixed assets | 21/28 | €55,829 | €41,251 | -€14,577 | -26.1% |
| Tangible fixed assets | 22/27 | €55,829 | €41,251 | -€14,577 | -26.1% |
| Plant, machinery and equipment | 23 | €24,000 | €19,000 | -€5,000 | -20.8% |
| Furniture and vehicles | 24 | €31,829 | €22,251 | -€9,577 | -30.1% |
| Current assets | 29/58 | €39,413 | €55,109 | +€15,696 | +39.8% |
| Amounts receivable within one year | 40/41 | €4,545 | €24,637 | +€20,091 | +442.0% |
| Trade receivables | 40 | €3,458 | €16,785 | +€13,327 | +385.4% |
| Other amounts receivable | 41 | €1,088 | €7,852 | +€6,765 | +621.9% |
| Cash at bank and in hand | 54/58 | €34,186 | €29,917 | -€4,269 | -12.5% |
| Deferred charges and accrued income | 490/1 | €681 | €555 | -€127 | -18.6% |
| Total equity and liabilities | 10/49 | €95,317 | €96,360 | +€1,043 | +1.1% |
| Equity | 10/15 | €25,389 | €43,251 | +€17,862 | +70.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,389 | €40,251 | +€17,862 | +79.8% |
| Amounts payable | 17/49 | €69,929 | €53,109 | -€16,820 | -24.1% |
| Amounts payable after more than one year | 17 | €14,849 | €23,612 | +€8,763 | +59.0% |
| Financial debts | 170/4 | €14,849 | €23,612 | +€8,763 | +59.0% |
| Amounts payable within one year | 42/48 | €55,080 | €29,497 | -€25,583 | -46.4% |
| Current portion of amounts payable after more than one year | 42 | €10,472 | €14,516 | +€4,044 | +38.6% |
| Trade debts | 44 | €3,739 | €140 | -€3,599 | -96.3% |
| Suppliers | 440/4 | €3,739 | €140 | -€3,599 | -96.3% |
| Taxes, remuneration and social security | 45 | €12,216 | €14,841 | +€2,625 | +21.5% |
| Taxes | 450/3 | €12,216 | €12,841 | +€625 | +5.1% |
| Remuneration and social security | 454/9 | - | €2,000 | +€2,000 | |
| Other amounts payable | 47/48 | €28,653 | - | -€28,653 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,725 | €14,653 | +€5,928 | +67.9% |
| Other operating charges | 640/8 | €439 | €133 | -€306 | -69.8% |
| Gross operating margin | 9900 | €39,938 | €39,306 | -€632 | -1.6% |
| Operating profit (loss) | 9901 | €30,774 | €24,520 | -€6,254 | -20.3% |
| Financial charges | 65/66B | €1,424 | €1,833 | +€409 | +28.7% |
| Recurring financial charges | 65 | €1,424 | €1,833 | +€409 | +28.7% |
| Profit (loss) for the period before taxes | 9903 | €29,350 | €22,687 | -€6,663 | -22.7% |
| Income taxes | 67/77 | €6,961 | €4,825 | -€2,137 | -30.7% |
| Profit (loss) for the period | 9904 | €22,389 | €17,862 | -€4,526 | -20.2% |
| Profit (loss) for the period to be appropriated | 9905 | €22,389 | €17,862 | -€4,526 | -20.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.