Heraut Films: 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.
Heraut Films
Largest movements
- Receivables within one year -€13,907
down €13,907 (-70.0%), from €19,862 to €5,956
of which Trade receivables: -€17,352
- Cash +€13,734
up €13,734 (+74.5%), from €18,425 to €32,159
mainly Depreciation (+€15,719) and Receivables within one year (+€13,907)
- Tangible fixed assets -€13,465
down €13,465 (-26.4%), from €51,084 to €37,619
of which Furniture and vehicles: -€9,295
- Current portion of long-term debt -€7,574
down €7,574 (-56.5%), from €13,405 to €5,831
- Other debts -€4,548
down €4,548 (-28.9%), from €15,744 to €11,196
- Tax, wage and social debts -€1,779
down €1,779 (-26.2%), from €6,797 to €5,018
- Turnover -€86,285
no longer reported in 2025 (was €86,285)
- Purchases and services -€69,850
no longer reported in 2025 (was €69,850)
- Depreciation +€2,241
up €2,241 (+16.6%), from €13,478 to €15,719
- Financial charges +€1,301
up €1,301 (+909%), from €143 to €1,444
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.
Derived cash bridge
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 | €89,847 | €76,209 | -€13,637 | -15.2% |
| Fixed assets | 21/28 | €51,559 | €38,094 | -€13,465 | -26.1% |
| Tangible fixed assets | 22/27 | €51,084 | €37,619 | -€13,465 | -26.4% |
| Plant, machinery and equipment | 23 | €7,049 | €2,879 | -€4,170 | -59.2% |
| Furniture and vehicles | 24 | €44,035 | €34,741 | -€9,295 | -21.1% |
| Financial fixed assets | 28 | €475 | €475 | = | 0.0% |
| Current assets | 29/58 | €38,288 | €38,115 | -€173 | -0.5% |
| Amounts receivable within one year | 40/41 | €19,862 | €5,956 | -€13,907 | -70.0% |
| Trade receivables | 40 | €19,862 | €2,511 | -€17,352 | -87.4% |
| Other amounts receivable | 41 | - | €3,445 | +€3,445 | |
| Cash at bank and in hand | 54/58 | €18,425 | €32,159 | +€13,734 | +74.5% |
| Total equity and liabilities | 10/49 | €89,847 | €76,209 | -€13,637 | -15.2% |
| Equity | 10/15 | €36,695 | €36,323 | -€372 | -1.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,195 | €33,823 | -€372 | -1.1% |
| Amounts payable | 17/49 | €53,151 | €39,886 | -€13,265 | -25.0% |
| Amounts payable after more than one year | 17 | €17,173 | €17,173 | = | 0.0% |
| Financial debts | 170/4 | €17,173 | €17,173 | = | 0.0% |
| Amounts payable within one year | 42/48 | €35,979 | €22,714 | -€13,265 | -36.9% |
| Current portion of amounts payable after more than one year | 42 | €13,405 | €5,831 | -€7,574 | -56.5% |
| Trade debts | 44 | €33 | €669 | +€636 | +1,918% |
| Suppliers | 440/4 | €33 | €669 | +€636 | +1,918% |
| Taxes, remuneration and social security | 45 | €6,797 | €5,018 | -€1,779 | -26.2% |
| Taxes | 450/3 | €6,797 | €5,018 | -€1,779 | -26.2% |
| Other amounts payable | 47/48 | €15,744 | €11,196 | -€4,548 | -28.9% |
| Turnover | 70 | €86,285 | - | -€86,285 | |
| Non-recurring operating income | 76A | €862 | €2,220 | +€1,358 | +158% |
| Goods, raw materials, services and sundry goods | 60/61 | €69,850 | - | -€69,850 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,478 | €15,719 | +€2,241 | +16.6% |
| Other operating charges | 640/8 | €857 | €997 | +€140 | +16.3% |
| Non-recurring operating charges | 66A | €1,141 | - | -€1,141 | |
| Gross operating margin | 9900 | €17,297 | €18,014 | +€717 | +4.1% |
| Operating profit (loss) | 9901 | €1,822 | €1,298 | -€523 | -28.7% |
| Financial income | 75/76B | €65 | €498 | +€433 | +670% |
| Recurring financial income | 75 | €65 | €498 | +€433 | +670% |
| Financial charges | 65/66B | €143 | €1,444 | +€1,301 | +909% |
| Recurring financial charges | 65 | €143 | €1,444 | +€1,301 | +909% |
| Profit (loss) for the period before taxes | 9903 | €1,743 | €352 | -€1,391 | -79.8% |
| Income taxes | 67/77 | €1,024 | €724 | -€300 | -29.3% |
| Profit (loss) for the period | 9904 | €719 | -€372 | -€1,091 | |
| Profit (loss) for the period to be appropriated | 9905 | €719 | -€372 | -€1,091 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.