Heroes for Zero: 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.
Heroes for Zero
Largest movements
- Receivables within one year -€29,315
down €29,315 (-51.8%), from €56,624 to €27,309
- Cash -€7,504
down €7,504 (-9.2%), from €81,122 to €73,619
mainly Net result for the year (-€92,378) and Debts within one year (-€4,434)
- Profit (loss) carried forward -€92,378
down €92,378 (-75.5%), from €122,305 to €29,927
- Accrued charges and deferred income +€60,585
up €60,585 (+403900.0%), from €15 to €60,600
- Debts within one year -€4,434
down €4,434 (-28.5%), from €15,561 to €11,127
of which Tax, wage and social debts: -€7,500
- Gross operating margin -€193,286
down €193,286 (-91.1%), from €212,156 to €18,871
- Staff costs -€5,172
down €5,172 (-4.4%), from €116,273 to €111,101
- Other operating charges -€3,023
down €3,023 (-95.6%), from €3,161 to €138
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 | €137,881 | €101,654 | -€36,228 | -26.3% |
| Current assets | 29/58 | €137,881 | €101,654 | -€36,228 | -26.3% |
| Amounts receivable within one year | 40/41 | €56,624 | €27,309 | -€29,315 | -51.8% |
| Other amounts receivable | 41 | €56,624 | €27,309 | -€29,315 | -51.8% |
| Cash at bank and in hand | 54/58 | €81,122 | €73,619 | -€7,504 | -9.2% |
| Deferred charges and accrued income | 490/1 | €135 | €725 | +€591 | +438.5% |
| Total equity and liabilities | 10/49 | €137,881 | €101,654 | -€36,228 | -26.3% |
| Equity | 10/15 | €122,305 | €29,927 | -€92,378 | -75.5% |
| Profit (loss) carried forward | 14 | €122,305 | €29,927 | -€92,378 | -75.5% |
| Amounts payable | 17/49 | €15,576 | €71,727 | +€56,151 | +360.5% |
| Amounts payable within one year | 42/48 | €15,561 | €11,127 | -€4,434 | -28.5% |
| Trade debts | 44 | €2,246 | €2,812 | +€566 | +25.2% |
| Suppliers | 440/4 | €2,246 | €2,812 | +€566 | +25.2% |
| Taxes, remuneration and social security | 45 | €13,314 | €5,814 | -€7,500 | -56.3% |
| Taxes | 450/3 | - | €210 | +€210 | |
| Remuneration and social security | 454/9 | €13,314 | €5,604 | -€7,710 | -57.9% |
| Accrued charges and deferred income | 492/3 | €15 | €60,600 | +€60,585 | +403900.0% |
| Turnover | 70 | €1,191 | - | -€1,191 | |
| Goods, raw materials, services and sundry goods | 60/61 | €21,649 | €21,839 | +€190 | +0.9% |
| Remuneration, social security and pensions | 62 | €116,273 | €111,101 | -€5,172 | -4.4% |
| Other operating charges | 640/8 | €3,161 | €138 | -€3,023 | -95.6% |
| Gross operating margin | 9900 | €212,156 | €18,871 | -€193,286 | -91.1% |
| Operating profit (loss) | 9901 | €92,722 | -€92,369 | -€185,091 | |
| Financial income | 75/76B | - | €50 | +€50 | |
| Recurring financial income | 75 | - | €50 | +€50 | |
| Financial charges | 65/66B | €60 | €60 | +€0 | +0.1% |
| Recurring financial charges | 65 | €60 | €60 | +€0 | +0.1% |
| Profit (loss) for the period before taxes | 9903 | €92,662 | -€92,378 | -€185,041 | |
| Profit (loss) for the period | 9904 | €92,662 | -€92,378 | -€185,041 | |
| Profit (loss) for the period to be appropriated | 9905 | €92,662 | -€92,378 | -€185,041 |
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.