HEINTRANS: 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.
HEINTRANS
Largest movements
- Financial fixed assets -€422,209
down €422,209 (-99.8%), from €422,920 to €711
- Tangible fixed assets +€253,292
up €253,292 (+65.3%), from €387,728 to €641,020
of which Land and buildings: +€277,484
- Intangible fixed assets +€198,461
new in 2025: €198,461
- Cash -€185,274
down €185,274 (-52.5%), from €352,982 to €167,708
mainly Other debts (-€176,295) and Investment in fixed assets (net) (-€145,808)
- Receivables within one year +€54,379
up €54,379 (+72.7%), from €74,795 to €129,174
of which Trade receivables: +€35,716
- Other debts -€176,295
down €176,295 (-54.3%), from €324,738 to €148,443
- Debts after one year +€32,001
up €32,001 (+120.0%), from €26,666 to €58,667
- Tax, wage and social debts +€20,108
up €20,108 (+104.0%), from €19,326 to €39,433
of which Taxes: +€16,511
- Current portion of long-term debt +€18,666
up €18,666 (+46.7%), from €40,000 to €58,666
- Depreciation +€38,890
up €38,890 (+50.3%), from €77,375 to €116,265
- Taxes -€23,611
down €23,611 (-35.5%), from €66,500 to €42,889
- Gross operating margin -€19,510
down €19,510 (-4.2%), from €463,798 to €444,288
- Staff costs +€18,245
up €18,245 (+11.4%), from €159,894 to €178,139
- Financial charges -€6,490
down €6,490 (-47.1%), from €13,780 to €7,290
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 | €1,238,693 | €1,137,347 | -€101,346 | -8.2% |
| Fixed assets | 21/28 | €810,648 | €840,191 | +€29,543 | +3.6% |
| Intangible fixed assets | 21 | - | €198,461 | +€198,461 | |
| Tangible fixed assets | 22/27 | €387,728 | €641,020 | +€253,292 | +65.3% |
| Land and buildings | 22 | €195,076 | €472,560 | +€277,484 | +142.2% |
| Plant, machinery and equipment | 23 | €75,599 | €48,320 | -€27,279 | -36.1% |
| Furniture and vehicles | 24 | €117,054 | €120,141 | +€3,087 | +2.6% |
| Financial fixed assets | 28 | €422,920 | €711 | -€422,209 | -99.8% |
| Current assets | 29/58 | €428,045 | €297,156 | -€130,888 | -30.6% |
| Amounts receivable within one year | 40/41 | €74,795 | €129,174 | +€54,379 | +72.7% |
| Trade receivables | 40 | €67,928 | €103,643 | +€35,716 | +52.6% |
| Other amounts receivable | 41 | €6,868 | €25,531 | +€18,663 | +271.8% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €352,982 | €167,708 | -€185,274 | -52.5% |
| Deferred charges and accrued income | 490/1 | €267 | €274 | +€7 | +2.6% |
| Total equity and liabilities | 10/49 | €1,238,693 | €1,137,347 | -€101,346 | -8.2% |
| Equity | 10/15 | €800,506 | €807,473 | +€6,968 | +0.9% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €760,506 | €767,473 | +€6,968 | +0.9% |
| Tax-exempt reserves | 132 | €52,500 | €52,500 | = | 0.0% |
| Distributable reserves | 133 | €708,006 | €714,973 | +€6,968 | +1.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €438,187 | €329,874 | -€108,313 | -24.7% |
| Amounts payable after more than one year | 17 | €26,666 | €58,667 | +€32,001 | +120.0% |
| Financial debts | 170/4 | €26,666 | €58,667 | +€32,001 | +120.0% |
| Amounts payable within one year | 42/48 | €409,201 | €265,974 | -€143,227 | -35.0% |
| Current portion of amounts payable after more than one year | 42 | €40,000 | €58,666 | +€18,666 | +46.7% |
| Trade debts | 44 | €25,138 | €19,431 | -€5,706 | -22.7% |
| Suppliers | 440/4 | €25,138 | €19,431 | -€5,706 | -22.7% |
| Taxes, remuneration and social security | 45 | €19,326 | €39,433 | +€20,108 | +104.0% |
| Taxes | 450/3 | €6,536 | €23,047 | +€16,511 | +252.6% |
| Remuneration and social security | 454/9 | €12,790 | €16,386 | +€3,597 | +28.1% |
| Other amounts payable | 47/48 | €324,738 | €148,443 | -€176,295 | -54.3% |
| Accrued charges and deferred income | 492/3 | €2,320 | €5,233 | +€2,913 | +125.6% |
| Remuneration, social security and pensions | 62 | €159,894 | €178,139 | +€18,245 | +11.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77,375 | €116,265 | +€38,890 | +50.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €8,120 | €13,776 | +€5,656 | +69.7% |
| Gross operating margin | 9900 | €463,798 | €444,288 | -€19,510 | -4.2% |
| Operating profit (loss) | 9901 | €218,409 | €136,108 | -€82,301 | -37.7% |
| Financial income | 75/76B | €2,922 | €1,038 | -€1,883 | -64.5% |
| Recurring financial income | 75 | €2,922 | €1,038 | -€1,883 | -64.5% |
| Financial charges | 65/66B | €13,780 | €7,290 | -€6,490 | -47.1% |
| Recurring financial charges | 65 | €13,780 | €7,290 | -€6,490 | -47.1% |
| Profit (loss) for the period before taxes | 9903 | €207,551 | €129,857 | -€77,694 | -37.4% |
| Income taxes | 67/77 | €66,500 | €42,889 | -€23,611 | -35.5% |
| Profit (loss) for the period | 9904 | €141,051 | €86,968 | -€54,083 | -38.3% |
| Profit (loss) for the period to be appropriated | 9905 | €141,051 | €86,968 | -€54,083 | -38.3% |
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 10 October 2026 via checked.be.