HEROPROJECT: 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.
HEROPROJECT
Largest movements
- Receivables within one year +€49,002
up €49,002 (+137.0%), from €35,759 to €84,761
of which Trade receivables: +€29,156
- Receivables after one year +€35,211
new in 2024: €35,211
- Cash +€27,697
up €27,697 (+162.8%), from €17,017 to €44,715
mainly Net result for the year (+€105,776) and Tax, wage and social debts (+€9,054)
- Tangible fixed assets +€6,203
new in 2024: €6,203
of which Plant, machinery and equipment: +€3,213
- Deferred charges and accrued income -€3,347
down €3,347 (-22.8%), from €14,691 to €11,344
- Profit (loss) carried forward +€105,776
up €105,776 (+289.9%), from €36,482 to €142,258
- Tax, wage and social debts +€9,054
up €9,054 (+34.1%), from €26,575 to €35,629
of which Taxes: +€9,054
- Gross operating margin +€93,758
up €93,758 (+198.8%), from €47,156 to €140,913
- Taxes +€23,350
up €23,350 (+241.2%), from €9,681 to €33,031
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €67,467 | €182,234 | +€114,767 | +170.1% |
| Fixed assets | 21/28 | - | €6,203 | +€6,203 | |
| Tangible fixed assets | 22/27 | - | €6,203 | +€6,203 | |
| Land and buildings | 22 | - | €2,990 | +€2,990 | |
| Plant, machinery and equipment | 23 | - | €3,213 | +€3,213 | |
| Current assets | 29/58 | €67,467 | €176,031 | +€108,564 | +160.9% |
| Amounts receivable after more than one year | 29 | - | €35,211 | +€35,211 | |
| Other amounts receivable | 291 | - | €35,211 | +€35,211 | |
| Amounts receivable within one year | 40/41 | €35,759 | €84,761 | +€49,002 | +137.0% |
| Trade receivables | 40 | €35,314 | €64,470 | +€29,156 | +82.6% |
| Other amounts receivable | 41 | €445 | €20,292 | +€19,847 | +4459.6% |
| Cash at bank and in hand | 54/58 | €17,017 | €44,715 | +€27,697 | +162.8% |
| Deferred charges and accrued income | 490/1 | €14,691 | €11,344 | -€3,347 | -22.8% |
| Total equity and liabilities | 10/49 | €67,467 | €182,234 | +€114,767 | +170.1% |
| Equity | 10/15 | €38,882 | €144,658 | +€105,776 | +272.0% |
| Contributions | 10/11 | €2,400 | €2,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,482 | €142,258 | +€105,776 | +289.9% |
| Amounts payable | 17/49 | €28,585 | €37,576 | +€8,991 | +31.5% |
| Amounts payable within one year | 42/48 | €28,585 | €36,976 | +€8,391 | +29.4% |
| Trade debts | 44 | €2,010 | €1,347 | -€663 | -33.0% |
| Suppliers | 440/4 | €2,010 | €1,347 | -€663 | -33.0% |
| Taxes, remuneration and social security | 45 | €26,575 | €35,629 | +€9,054 | +34.1% |
| Taxes | 450/3 | €24,075 | €33,129 | +€9,054 | +37.6% |
| Remuneration and social security | 454/9 | €2,500 | €2,500 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €600 | +€600 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €677 | +€677 | |
| Other operating charges | 640/8 | €992 | €1,537 | +€544 | +54.9% |
| Gross operating margin | 9900 | €47,156 | €140,913 | +€93,758 | +198.8% |
| Operating profit (loss) | 9901 | €46,163 | €138,699 | +€92,536 | +200.5% |
| Financial income | 75/76B | - | €211 | +€211 | |
| Recurring financial income | 75 | - | €211 | +€211 | |
| Financial charges | 65/66B | €0 | €102 | +€102 | +1024200.0% |
| Recurring financial charges | 65 | €0 | €102 | +€102 | +1024200.0% |
| Profit (loss) for the period before taxes | 9903 | €46,163 | €138,808 | +€92,644 | +200.7% |
| Income taxes | 67/77 | €9,681 | €33,031 | +€23,350 | +241.2% |
| Profit (loss) for the period | 9904 | €36,482 | €105,776 | +€69,294 | +189.9% |
| Profit (loss) for the period to be appropriated | 9905 | €36,482 | €105,776 | +€69,294 | +189.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.