HEUMERT: 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.
HEUMERT
Largest movements
- Cash -€19,567
down €19,567 (-55.8%), from €35,039 to €15,473
mainly Debts after one year (-€45,181) and Current portion of long-term debt (-€10,004)
- Receivables within one year +€4,663
up €4,663 (+60.0%), from €7,772 to €12,435
of which Trade receivables: +€5,023
- Tangible fixed assets -€3,809
down €3,809 (-3.2%), from €120,703 to €116,894
of which Furniture and vehicles: -€3,809
- Debts after one year -€45,181
down €45,181 (-100.0%), from €45,181 to €0
- Other debts +€22,910
up €22,910 (+101.3%), from €22,619 to €45,529
- Reserves +€15,166
up €15,166 (+21.9%), from €69,315 to €84,481
of which Distributable reserves: +€15,166
- Current portion of long-term debt -€10,004
down €10,004 (-100.0%), from €10,004 to €0
- Gross operating margin +€2,577
up €2,577 (+9.3%), from €27,794 to €30,371
- Depreciation +€1,482
up €1,482 (+63.7%), from €2,327 to €3,809
- Financial charges +€1,000
up €1,000 (+49.2%), from €2,032 to €3,032
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 | €163,596 | €144,948 | -€18,648 | -11.4% |
| Fixed assets | 21/28 | €120,703 | €116,894 | -€3,809 | -3.2% |
| Tangible fixed assets | 22/27 | €120,703 | €116,894 | -€3,809 | -3.2% |
| Land and buildings | 22 | €106,893 | €106,893 | = | 0.0% |
| Furniture and vehicles | 24 | €13,810 | €10,001 | -€3,809 | -27.6% |
| Current assets | 29/58 | €42,894 | €28,055 | -€14,839 | -34.6% |
| Amounts receivable within one year | 40/41 | €7,772 | €12,435 | +€4,663 | +60.0% |
| Trade receivables | 40 | €7,245 | €12,268 | +€5,023 | +69.3% |
| Other amounts receivable | 41 | €527 | €167 | -€360 | -68.3% |
| Cash at bank and in hand | 54/58 | €35,039 | €15,473 | -€19,567 | -55.8% |
| Deferred charges and accrued income | 490/1 | €83 | €147 | +€64 | +77.9% |
| Total equity and liabilities | 10/49 | €163,596 | €144,948 | -€18,648 | -11.4% |
| Equity | 10/15 | €75,615 | €90,781 | +€15,166 | +20.1% |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Reserves | 13 | €69,315 | €84,481 | +€15,166 | +21.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €69,315 | €84,481 | +€15,166 | +21.9% |
| Amounts payable | 17/49 | €87,981 | €54,168 | -€33,814 | -38.4% |
| Amounts payable after more than one year | 17 | €45,181 | €0 | -€45,181 | -100.0% |
| Financial debts | 170/4 | €45,181 | €0 | -€45,181 | -100.0% |
| Amounts payable within one year | 42/48 | €42,800 | €54,168 | +€11,367 | +26.6% |
| Current portion of amounts payable after more than one year | 42 | €10,004 | €0 | -€10,004 | -100.0% |
| Trade debts | 44 | €1,034 | €48 | -€986 | -95.4% |
| Suppliers | 440/4 | €1,034 | €48 | -€986 | -95.4% |
| Taxes, remuneration and social security | 45 | €9,143 | €8,591 | -€552 | -6.0% |
| Taxes | 450/3 | €9,143 | €8,591 | -€552 | -6.0% |
| Other amounts payable | 47/48 | €22,619 | €45,529 | +€22,910 | +101.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,327 | €3,809 | +€1,482 | +63.7% |
| Other operating charges | 640/8 | €597 | €600 | +€3 | +0.5% |
| Gross operating margin | 9900 | €27,794 | €30,371 | +€2,577 | +9.3% |
| Operating profit (loss) | 9901 | €24,871 | €25,963 | +€1,092 | +4.4% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €2,032 | €3,032 | +€1,000 | +49.2% |
| Recurring financial charges | 65 | €2,032 | €3,032 | +€1,000 | +49.2% |
| Profit (loss) for the period before taxes | 9903 | €22,839 | €22,931 | +€92 | +0.4% |
| Income taxes | 67/77 | €7,617 | €7,765 | +€148 | +1.9% |
| Profit (loss) for the period | 9904 | €15,221 | €15,166 | -€56 | -0.4% |
| Profit (loss) for the period to be appropriated | 9905 | €15,221 | €15,166 | -€56 | -0.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.