HERALIS: 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.
HERALIS
Largest movements
- Tangible fixed assets +€26,737
new in 2025: €26,737
- Receivables within one year +€5,805
new in 2025: €5,805
- Cash -€2,702
down €2,702 (-6.7%), from €40,092 to €37,390
mainly Investment in fixed assets (net) (-€32,010) and Receivables within one year (-€5,805)
- Tax, wage and social debts +€14,146
new in 2025: €14,146
- Reserves +€12,900
up €12,900 (+43.0%), from €30,000 to €42,900
- Trade debts +€1,567
new in 2025: €1,567
- Accrued charges and deferred income +€1,380
up €1,380 (+1150.5%), from €120 to €1,500
- Other debts +€1,051
new in 2025: €1,051
- Gross operating margin +€25,139
new in 2025: €25,139
- Taxes +€6,124
new in 2025: €6,124
- Depreciation +€5,273
new in 2025: €5,273
- Other operating charges +€540
up €540 (+496.7%), from €109 to €649
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 | €40,092 | €70,335 | +€30,243 | +75.4% |
| Fixed assets | 21/28 | - | €26,737 | +€26,737 | |
| Tangible fixed assets | 22/27 | - | €26,737 | +€26,737 | |
| Furniture and vehicles | 24 | - | €26,737 | +€26,737 | |
| Current assets | 29/58 | €40,092 | €43,598 | +€3,506 | +8.7% |
| Amounts receivable within one year | 40/41 | - | €5,805 | +€5,805 | |
| Trade receivables | 40 | - | €5,805 | +€5,805 | |
| Cash at bank and in hand | 54/58 | €40,092 | €37,390 | -€2,702 | -6.7% |
| Deferred charges and accrued income | 490/1 | - | €403 | +€403 | |
| Total equity and liabilities | 10/49 | €40,092 | €70,335 | +€30,243 | +75.4% |
| Equity | 10/15 | €39,972 | €52,071 | +€12,100 | +30.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €30,000 | €42,900 | +€12,900 | +43.0% |
| Distributable reserves | 133 | €30,000 | €42,900 | +€12,900 | +43.0% |
| Profit (loss) carried forward | 14 | €4,972 | €4,171 | -€800 | -16.1% |
| Amounts payable | 17/49 | €120 | €18,263 | +€18,143 | +15125.8% |
| Amounts payable within one year | 42/48 | - | €16,763 | +€16,763 | |
| Trade debts | 44 | - | €1,567 | +€1,567 | |
| Suppliers | 440/4 | - | €1,567 | +€1,567 | |
| Taxes, remuneration and social security | 45 | - | €14,146 | +€14,146 | |
| Taxes | 450/3 | - | €14,146 | +€14,146 | |
| Other amounts payable | 47/48 | - | €1,051 | +€1,051 | |
| Accrued charges and deferred income | 492/3 | €120 | €1,500 | +€1,380 | +1150.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €5,273 | +€5,273 | |
| Other operating charges | 640/8 | €109 | €649 | +€540 | +496.7% |
| Gross operating margin | 9900 | - | €25,139 | +€25,139 | |
| Operating profit (loss) | 9901 | -€109 | €19,217 | +€19,326 | |
| Financial income | 75/76B | - | €15 | +€15 | |
| Recurring financial income | 75 | - | €15 | +€15 | |
| Financial charges | 65/66B | €87 | €176 | +€89 | +101.6% |
| Recurring financial charges | 65 | €87 | €176 | +€89 | +101.6% |
| Profit (loss) for the period before taxes | 9903 | -€196 | €19,057 | +€19,253 | |
| Income taxes | 67/77 | - | €6,124 | +€6,124 | |
| Profit (loss) for the period | 9904 | -€196 | €12,933 | +€13,129 | |
| Profit (loss) for the period to be appropriated | 9905 | -€196 | €12,933 | +€13,129 |
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 1 October 2026 via checked.be.