HERO TECHNICS: 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.
HERO TECHNICS
Largest movements
- Receivables within one year +€6,451
up €6,451 (+152.9%), from €4,220 to €10,671
of which Trade receivables: +€3,892
- Stocks and contracts +€4,880
new in 2025: €4,880
- Cash +€4,633
up €4,633 (+5.2%), from €88,690 to €93,323
mainly Net result for the year (+€36,200) and Deferred charges and accrued income (+€2,241)
- Deferred charges and accrued income -€2,241
down €2,241 (-30.7%), from €7,292 to €5,051
- Tangible fixed assets -€1,743
down €1,743 (-47.4%), from €3,680 to €1,937
of which Plant, machinery and equipment: -€1,399
- Profit (loss) carried forward +€36,200
up €36,200 (+91.4%), from €39,620 to €75,820
- Other debts -€15,600
down €15,600 (-67.1%), from €23,236 to €7,636
- Trade debts -€8,894
down €8,894 (-63.5%), from €13,997 to €5,102
- Gross operating margin +€9,099
up €9,099 (+22.8%), from €39,876 to €48,975
- Taxes +€2,897
up €2,897 (+40.2%), from €7,213 to €10,111
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 | €103,882 | €115,862 | +€11,980 | +11.5% |
| Fixed assets | 21/28 | €3,680 | €1,937 | -€1,743 | -47.4% |
| Tangible fixed assets | 22/27 | €3,680 | €1,937 | -€1,743 | -47.4% |
| Plant, machinery and equipment | 23 | €2,170 | €771 | -€1,399 | -64.5% |
| Furniture and vehicles | 24 | €1,510 | €1,166 | -€344 | -22.8% |
| Current assets | 29/58 | €100,202 | €113,925 | +€13,722 | +13.7% |
| Stocks and contracts in progress | 3 | - | €4,880 | +€4,880 | |
| Stocks | 30/36 | - | €4,880 | +€4,880 | |
| Amounts receivable within one year | 40/41 | €4,220 | €10,671 | +€6,451 | +152.9% |
| Trade receivables | 40 | €2,598 | €6,489 | +€3,892 | +149.8% |
| Other amounts receivable | 41 | €1,623 | €4,182 | +€2,559 | +157.7% |
| Cash at bank and in hand | 54/58 | €88,690 | €93,323 | +€4,633 | +5.2% |
| Deferred charges and accrued income | 490/1 | €7,292 | €5,051 | -€2,241 | -30.7% |
| Total equity and liabilities | 10/49 | €103,882 | €115,862 | +€11,980 | +11.5% |
| Equity | 10/15 | €59,420 | €95,620 | +€36,200 | +60.9% |
| Contributions | 10/11 | €18,000 | €18,000 | = | 0.0% |
| Reserves | 13 | €1,800 | €1,800 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,800 | €1,800 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,800 | €1,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,620 | €75,820 | +€36,200 | +91.4% |
| Amounts payable | 17/49 | €44,462 | €20,242 | -€24,220 | -54.5% |
| Amounts payable within one year | 42/48 | €44,446 | €19,951 | -€24,494 | -55.1% |
| Trade debts | 44 | €13,997 | €5,102 | -€8,894 | -63.5% |
| Suppliers | 440/4 | €13,997 | €5,102 | -€8,894 | -63.5% |
| Taxes, remuneration and social security | 45 | €7,213 | €7,213 | = | 0.0% |
| Taxes | 450/3 | €7,213 | €7,213 | = | 0.0% |
| Other amounts payable | 47/48 | €23,236 | €7,636 | -€15,600 | -67.1% |
| Accrued charges and deferred income | 492/3 | €16 | €290 | +€274 | +1740.6% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,901 | €1,743 | -€159 | -8.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €85 | €0 | -€85 | -100.0% |
| Other operating charges | 640/8 | €534 | €779 | +€244 | +45.7% |
| Gross operating margin | 9900 | €39,876 | €48,975 | +€9,099 | +22.8% |
| Operating profit (loss) | 9901 | €37,355 | €46,454 | +€9,099 | +24.4% |
| Financial income | 75/76B | €0 | €1 | +€1 | |
| Recurring financial income | 75 | €0 | €1 | +€1 | |
| Financial charges | 65/66B | €202 | €144 | -€58 | -28.7% |
| Recurring financial charges | 65 | €202 | €144 | -€58 | -28.7% |
| Profit (loss) for the period before taxes | 9903 | €37,153 | €46,311 | +€9,158 | +24.6% |
| Income taxes | 67/77 | €7,213 | €10,111 | +€2,897 | +40.2% |
| Profit (loss) for the period | 9904 | €29,940 | €36,200 | +€6,260 | +20.9% |
| Profit (loss) for the period to be appropriated | 9905 | €29,940 | €36,200 | +€6,260 | +20.9% |
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 8 October 2026 via checked.be.