HEUSY-ETXEA: 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.
HEUSY-ETXEA
Largest movements
- Tangible fixed assets -€7,603
down €7,603 (-2.1%), from €361,965 to €354,362
- Other debts +€7,419
up €7,419 (+1.8%), from €421,300 to €428,719
- Profit (loss) carried forward -€5,487
down €5,487 (-8.3%), from -€65,892 to -€71,379
- Accrued charges and deferred income -€4,274
down €4,274 (-100%), from €4,274 to €0
- Financial charges -€3,164
down €3,164 (-38.9%), from €8,141 to €4,977
- Gross operating margin -€2,171
down €2,171 (-19.8%), from €10,973 to €8,802
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 | €386,358 | €382,452 | -€3,906 | -1.0% |
| Fixed assets | 21/28 | €361,965 | €354,362 | -€7,603 | -2.1% |
| Tangible fixed assets | 22/27 | €361,965 | €354,362 | -€7,603 | -2.1% |
| Land and buildings | 22 | €361,965 | €354,362 | -€7,603 | -2.1% |
| Current assets | 29/58 | €24,393 | €28,090 | +€3,697 | +15.2% |
| Cash at bank and in hand | 54/58 | €24,106 | €27,792 | +€3,687 | +15.3% |
| Deferred charges and accrued income | 490/1 | €287 | €298 | +€11 | +3.7% |
| Total equity and liabilities | 10/49 | €386,358 | €382,452 | -€3,906 | -1.0% |
| Equity | 10/15 | -€40,892 | -€46,379 | -€5,487 | -13.4% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€65,892 | -€71,379 | -€5,487 | -8.3% |
| Amounts payable | 17/49 | €427,250 | €428,831 | +€1,580 | +0.4% |
| Amounts payable within one year | 42/48 | €422,976 | €428,831 | +€5,855 | +1.4% |
| Trade debts | 44 | €1,676 | €112 | -€1,564 | -93.3% |
| Suppliers | 440/4 | €1,676 | €112 | -€1,564 | -93.3% |
| Other amounts payable | 47/48 | €421,300 | €428,719 | +€7,419 | +1.8% |
| Accrued charges and deferred income | 492/3 | €4,274 | €0 | -€4,274 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,603 | €7,603 | = | 0.0% |
| Other operating charges | 640/8 | €1,660 | €1,709 | +€49 | +3.0% |
| Gross operating margin | 9900 | €10,973 | €8,802 | -€2,171 | -19.8% |
| Operating profit (loss) | 9901 | €1,710 | -€510 | -€2,220 | |
| Financial charges | 65/66B | €8,141 | €4,977 | -€3,164 | -38.9% |
| Recurring financial charges | 65 | €8,141 | €4,977 | -€3,164 | -38.9% |
| Profit (loss) for the period before taxes | 9903 | -€6,431 | -€5,487 | +€944 | +14.7% |
| Profit (loss) for the period | 9904 | -€6,431 | -€5,487 | +€944 | +14.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,431 | -€5,487 | +€944 | +14.7% |
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.