HERO PROJEKT: 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.
HERO PROJEKT
Largest movements
- Tangible fixed assets -€9,098
down €9,098 (-2.6%), from €354,314 to €345,216
- Other debts -€23,412
down €23,412 (-2.3%), from €1.0m to €1.0m
- Profit (loss) carried forward +€15,214
up €15,214 (+2.2%), from -€693,588 to -€678,375
- Other operating charges +€797
up €797 (+675%), from €118 to €915
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 | €354,449 | €346,251 | -€8,198 | -2.3% |
| Fixed assets | 21/28 | €354,314 | €345,216 | -€9,098 | -2.6% |
| Tangible fixed assets | 22/27 | €354,314 | €345,216 | -€9,098 | -2.6% |
| Land and buildings | 22 | €354,314 | €345,216 | -€9,098 | -2.6% |
| Current assets | 29/58 | €136 | €1,035 | +€900 | +663% |
| Amounts receivable within one year | 40/41 | - | €1,033 | +€1,033 | |
| Other amounts receivable | 41 | - | €1,033 | +€1,033 | |
| Cash at bank and in hand | 54/58 | €136 | €3 | -€133 | -98.0% |
| Total equity and liabilities | 10/49 | €354,449 | €346,251 | -€8,198 | -2.3% |
| Equity | 10/15 | -€674,988 | -€659,775 | +€15,214 | +2.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€693,588 | -€678,375 | +€15,214 | +2.2% |
| Amounts payable | 17/49 | €1,029,438 | €1,006,026 | -€23,412 | -2.3% |
| Amounts payable within one year | 42/48 | €1,029,438 | €1,006,026 | -€23,412 | -2.3% |
| Trade debts | 44 | €30 | €30 | = | 0.0% |
| Suppliers | 440/4 | €30 | €30 | = | 0.0% |
| Other amounts payable | 47/48 | €1,029,408 | €1,005,996 | -€23,412 | -2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,098 | €9,098 | = | 0.0% |
| Other operating charges | 640/8 | €118 | €915 | +€797 | +675% |
| Gross operating margin | 9900 | €25,196 | €25,298 | +€102 | +0.4% |
| Operating profit (loss) | 9901 | €15,980 | €15,286 | -€694 | -4.3% |
| Financial charges | 65/66B | €30 | €72 | +€42 | +139% |
| Recurring financial charges | 65 | €30 | €72 | +€42 | +139% |
| Profit (loss) for the period before taxes | 9903 | €15,950 | €15,214 | -€736 | -4.6% |
| Profit (loss) for the period | 9904 | €15,950 | €15,214 | -€736 | -4.6% |
| Profit (loss) for the period to be appropriated | 9905 | €15,950 | €15,214 | -€736 | -4.6% |
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 25 October 2026 via checked.be.