Heroos: 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.
Heroos
Largest movements
- Tangible fixed assets -€5,396
down €5,396 (-29.6%), from €18,205 to €12,809
of which Land and buildings: -€3,204
- Receivables within one year +€4,794
up €4,794 (+127%), from €3,763 to €8,556
of which Trade receivables: +€5,603
- Cash +€3,942
up €3,942 (+72.1%), from €5,468 to €9,410
mainly Trade debts (+€8,170) and Depreciation (+€5,396)
- Deferred charges and accrued income -€726
down €726 (-65.4%), from €1,110 to €384
- Trade debts +€8,170
up €8,170 (+447%), from €1,826 to €9,995
- Other debts -€3,295
down €3,295 (-22.9%), from €14,376 to €11,081
- Profit (loss) carried forward -€2,063
down €2,063 (-17.2%), from -€11,978 to -€14,042
- Current portion of long-term debt -€500
no longer reported in 2025 (was €500)
- Gross operating margin +€9,163
up €9,163, from -€4,961 to €4,202
- Depreciation -€938
down €938 (-14.8%), from €6,334 to €5,396
- Financial charges +€99
up €99 (+98.6%), from €101 to €200
- Other operating charges +€66
up €66 (+10.7%), from €623 to €690
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 | €28,545 | €31,160 | +€2,614 | +9.2% |
| Fixed assets | 21/28 | €18,205 | €12,809 | -€5,396 | -29.6% |
| Tangible fixed assets | 22/27 | €18,205 | €12,809 | -€5,396 | -29.6% |
| Land and buildings | 22 | €15,492 | €12,288 | -€3,204 | -20.7% |
| Plant, machinery and equipment | 23 | €1,891 | €521 | -€1,370 | -72.5% |
| Furniture and vehicles | 24 | €822 | - | -€822 | |
| Current assets | 29/58 | €10,341 | €18,351 | +€8,010 | +77.5% |
| Amounts receivable within one year | 40/41 | €3,763 | €8,556 | +€4,794 | +127% |
| Trade receivables | 40 | €2,942 | €8,546 | +€5,603 | +190% |
| Other amounts receivable | 41 | €820 | €11 | -€810 | -98.7% |
| Cash at bank and in hand | 54/58 | €5,468 | €9,410 | +€3,942 | +72.1% |
| Deferred charges and accrued income | 490/1 | €1,110 | €384 | -€726 | -65.4% |
| Total equity and liabilities | 10/49 | €28,545 | €31,160 | +€2,614 | +9.2% |
| Equity | 10/15 | €11,844 | €9,781 | -€2,063 | -17.4% |
| Contributions | 10/11 | €18,000 | €18,000 | = | 0.0% |
| Reserves | 13 | €5,822 | €5,822 | = | 0.0% |
| Distributable reserves | 133 | €5,822 | €5,822 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,978 | -€14,042 | -€2,063 | -17.2% |
| Amounts payable | 17/49 | €16,701 | €21,379 | +€4,677 | +28.0% |
| Amounts payable within one year | 42/48 | €16,701 | €21,379 | +€4,677 | +28.0% |
| Current portion of amounts payable after more than one year | 42 | €500 | - | -€500 | |
| Trade debts | 44 | €1,826 | €9,995 | +€8,170 | +447% |
| Suppliers | 440/4 | €1,826 | €9,995 | +€8,170 | +447% |
| Taxes, remuneration and social security | 45 | - | €303 | +€303 | |
| Taxes | 450/3 | - | €303 | +€303 | |
| Other amounts payable | 47/48 | €14,376 | €11,081 | -€3,295 | -22.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,334 | €5,396 | -€938 | -14.8% |
| Other operating charges | 640/8 | €623 | €690 | +€66 | +10.7% |
| Gross operating margin | 9900 | -€4,961 | €4,202 | +€9,163 | |
| Operating profit (loss) | 9901 | -€11,918 | -€1,884 | +€10,035 | +84.2% |
| Financial income | 75/76B | €41 | €21 | -€20 | -48.6% |
| Recurring financial income | 75 | €41 | €21 | -€20 | -48.6% |
| Financial charges | 65/66B | €101 | €200 | +€99 | +98.6% |
| Recurring financial charges | 65 | €101 | €200 | +€99 | +98.6% |
| Profit (loss) for the period before taxes | 9903 | -€11,978 | -€2,063 | +€9,915 | +82.8% |
| Profit (loss) for the period | 9904 | -€11,978 | -€2,063 | +€9,915 | +82.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,978 | -€2,063 | +€9,915 | +82.8% |
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.