HEPPIMMO: what changed
HEPPIMMO
Largest movements
- Tangible fixed assets +€483,264
up €483,264 (+11,340%), from €4,262 to €487,526
of which Land and buildings: +€468,729
- Receivables within one year -€160,189
down €160,189 (-59.7%), from €268,242 to €108,053
of which Other amounts receivable: -€222,840
- Cash +€103,197
up €103,197 (+269%), from €38,339 to €141,535
mainly Net result for the year (+€187,785) and Other debts (+€166,676)
- Reserves +€186,952
up €186,952 (+1,647%), from €11,349 to €198,302
- Other debts +€166,676
up €166,676 (+22,041%), from €756 to €167,432
- Trade debts +€40,320
up €40,320 (+85.2%), from €47,309 to €87,629
- Debts after one year +€35,589
up €35,589 (+14.8%), from €240,845 to €276,434
of which Financial debts: +€276,434
- Current portion of long-term debt -€15,119
down €15,119 (-48.8%), from €30,973 to €15,854
- Gross operating margin +€292,003
up €292,003 (+477%), from €61,159 to €353,162
- Depreciation +€41,255
up €41,255 (+2,635%), from €1,566 to €42,821
- Staff costs +€40,103
up €40,103 (+92.7%), from €43,245 to €83,348
- Taxes +€27,185
up €27,185 (+583%), from €4,661 to €31,847
- Financial charges +€5,933
up €5,933 (+274%), from €2,163 to €8,096
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €346,496 | €765,463 | +€418,967 | +121% |
| Fixed assets | 21/28 | €21,762 | €499,526 | +€477,764 | +2,195% |
| Tangible fixed assets | 22/27 | €4,262 | €487,526 | +€483,264 | +11,340% |
| Land and buildings | 22 | - | €468,729 | +€468,729 | |
| Plant, machinery and equipment | 23 | €1,725 | €12,519 | +€10,795 | +626% |
| Furniture and vehicles | 24 | €2,537 | €6,277 | +€3,740 | +147% |
| Financial fixed assets | 28 | €17,500 | €12,000 | -€5,500 | -31.4% |
| Current assets | 29/58 | €324,734 | €265,937 | -€58,797 | -18.1% |
| Stocks and contracts in progress | 3 | €17,914 | €13,250 | -€4,664 | -26.0% |
| Stocks | 30/36 | €17,914 | €13,250 | -€4,664 | -26.0% |
| Amounts receivable within one year | 40/41 | €268,242 | €108,053 | -€160,189 | -59.7% |
| Trade receivables | 40 | €13,740 | €76,392 | +€62,651 | +456% |
| Other amounts receivable | 41 | €254,502 | €31,662 | -€222,840 | -87.6% |
| Cash at bank and in hand | 54/58 | €38,339 | €141,535 | +€103,197 | +269% |
| Deferred charges and accrued income | 490/1 | €239 | €3,098 | +€2,859 | +1,195% |
| Total equity and liabilities | 10/49 | €346,496 | €765,463 | +€418,967 | +121% |
| Equity | 10/15 | €25,010 | €211,962 | +€186,952 | +748% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €11,349 | €198,302 | +€186,952 | +1,647% |
| Distributable reserves | 133 | €11,349 | €198,302 | +€186,952 | +1,647% |
| Profit (loss) carried forward | 14 | €11,660 | €11,660 | = | 0.0% |
| Amounts payable | 17/49 | €321,486 | €553,501 | +€232,015 | +72.2% |
| Amounts payable after more than one year | 17 | €240,845 | €276,434 | +€35,589 | +14.8% |
| Financial debts | 170/4 | - | €276,434 | +€276,434 | |
| Other amounts payable | 178/9 | €240,845 | - | -€240,845 | |
| Amounts payable within one year | 42/48 | €79,038 | €273,898 | +€194,860 | +247% |
| Current portion of amounts payable after more than one year | 42 | €30,973 | €15,854 | -€15,119 | -48.8% |
| Trade debts | 44 | €47,309 | €87,629 | +€40,320 | +85.2% |
| Suppliers | 440/4 | €47,309 | €87,629 | +€40,320 | +85.2% |
| Taxes, remuneration and social security | 45 | - | €2,983 | +€2,983 | |
| Taxes | 450/3 | - | €2,983 | +€2,983 | |
| Other amounts payable | 47/48 | €756 | €167,432 | +€166,676 | +22,041% |
| Accrued charges and deferred income | 492/3 | €1,603 | €3,169 | +€1,566 | +97.7% |
| Remuneration, social security and pensions | 62 | €43,245 | €83,348 | +€40,103 | +92.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,566 | €42,821 | +€41,255 | +2,635% |
| Other operating charges | 640/8 | €501 | €3,340 | +€2,839 | +567% |
| Gross operating margin | 9900 | €61,159 | €353,162 | +€292,003 | +477% |
| Operating profit (loss) | 9901 | €15,847 | €223,653 | +€207,806 | +1,311% |
| Financial income | 75/76B | €3,185 | €4,074 | +€889 | +27.9% |
| Recurring financial income | 75 | €3,185 | €4,074 | +€889 | +27.9% |
| Financial charges | 65/66B | €2,163 | €8,096 | +€5,933 | +274% |
| Recurring financial charges | 65 | €2,163 | €8,096 | +€5,933 | +274% |
| Profit (loss) for the period before taxes | 9903 | €16,870 | €219,632 | +€202,762 | +1,202% |
| Income taxes | 67/77 | €4,661 | €31,847 | +€27,185 | +583% |
| Profit (loss) for the period | 9904 | €12,208 | €187,785 | +€175,577 | +1,438% |
| Profit (loss) for the period to be appropriated | 9905 | €12,208 | €187,785 | +€175,577 | +1,438% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.