HEJA: 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.
HEJA
Largest movements
- Cash +€6,972
up €6,972 (+54.0%), from €12,913 to €19,884
mainly Net result for the year (+€3,154) and Receivables within one year (+€2,605)
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€969
down €969 (-14.6%), from €6,626 to €5,657
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 | €507,513 | €510,666 | +€3,154 | +0.6% |
| Fixed assets | 21/28 | €489,742 | €489,140 | -€602 | -0.1% |
| Tangible fixed assets | 22/27 | €489,742 | €489,140 | -€602 | -0.1% |
| Land and buildings | 22 | €489,742 | €489,140 | -€602 | -0.1% |
| Current assets | 29/58 | €17,771 | €21,526 | +€3,756 | +21.1% |
| Amounts receivable within one year | 40/41 | €3,019 | €414 | -€2,605 | -86.3% |
| Trade receivables | 40 | €2,605 | - | -€2,605 | |
| Other amounts receivable | 41 | €414 | €414 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €12,913 | €19,884 | +€6,972 | +54.0% |
| Deferred charges and accrued income | 490/1 | €1,839 | €1,228 | -€612 | -33.2% |
| Total equity and liabilities | 10/49 | €507,513 | €510,666 | +€3,154 | +0.6% |
| Equity | 10/15 | €487,740 | €490,895 | +€3,154 | +0.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Revaluation surpluses | 12 | €417,420 | €417,420 | = | 0.0% |
| Reserves | 13 | €51,728 | €54,883 | +€3,154 | +6.1% |
| Distributable reserves | 133 | €51,728 | €54,883 | +€3,154 | +6.1% |
| Amounts payable | 17/49 | €19,772 | €19,772 | -€1 | 0.0% |
| Amounts payable within one year | 42/48 | €19,772 | €19,772 | -€1 | 0.0% |
| Taxes, remuneration and social security | 45 | €664 | €664 | -€1 | -0.1% |
| Taxes | 450/3 | €664 | €664 | -€1 | -0.1% |
| Other amounts payable | 47/48 | €19,108 | €19,108 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €602 | €602 | = | 0.0% |
| Other operating charges | 640/8 | €1,734 | €1,786 | +€52 | +3.0% |
| Gross operating margin | 9900 | €6,626 | €5,657 | -€969 | -14.6% |
| Operating profit (loss) | 9901 | €4,289 | €3,269 | -€1,020 | -23.8% |
| Financial charges | 65/66B | €116 | €115 | -€1 | -1.1% |
| Recurring financial charges | 65 | €116 | €115 | -€1 | -1.1% |
| Profit (loss) for the period before taxes | 9903 | €4,173 | €3,154 | -€1,019 | -24.4% |
| Profit (loss) for the period | 9904 | €4,173 | €3,154 | -€1,019 | -24.4% |
| Profit (loss) for the period to be appropriated | 9905 | €4,173 | €3,154 | -€1,019 | -24.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.