HEVA ENGINEERING: 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.
HEVA ENGINEERING
Largest movements
- Cash +€97,643
up €97,643 (+140.5%), from €69,497 to €167,140
mainly Net result for the year (+€247,667) and Receivables within one year (+€50,092)
- Receivables within one year -€50,092
down €50,092 (-18.9%), from €264,989 to €214,897
of which Trade receivables: -€77,147
- Current investments +€41,427
up €41,427 (+6.2%), from €672,119 to €713,546
- Reserves +€178,585
up €178,585 (+22.9%), from €780,173 to €958,758
- Tax, wage and social debts -€51,130
down €51,130 (-59.1%), from €86,570 to €35,439
of which Taxes: -€51,148
- Other debts -€42,121
down €42,121 (-38.9%), from €108,313 to €66,193
- Gross operating margin -€131,412
down €131,412 (-28.1%), from €468,258 to €336,846
- Taxes -€57,666
down €57,666 (-35.8%), from €161,114 to €103,448
- Financial charges +€17,764
up €17,764, from -€10,038 to €7,727
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 | €1,131,760 | €1,216,715 | +€84,954 | +7.5% |
| Fixed assets | 21/28 | €125,155 | €121,132 | -€4,024 | -3.2% |
| Tangible fixed assets | 22/27 | €87,920 | €83,897 | -€4,024 | -4.6% |
| Land and buildings | 22 | €86,399 | €83,897 | -€2,503 | -2.9% |
| Furniture and vehicles | 24 | €1,521 | €0 | -€1,521 | -100.0% |
| Financial fixed assets | 28 | €37,235 | €37,235 | = | 0.0% |
| Current assets | 29/58 | €1,006,605 | €1,095,583 | +€88,978 | +8.8% |
| Amounts receivable within one year | 40/41 | €264,989 | €214,897 | -€50,092 | -18.9% |
| Trade receivables | 40 | €264,783 | €187,635 | -€77,147 | -29.1% |
| Other amounts receivable | 41 | €207 | €27,262 | +€27,055 | +13073.0% |
| Current investments | 50/53 | €672,119 | €713,546 | +€41,427 | +6.2% |
| Cash at bank and in hand | 54/58 | €69,497 | €167,140 | +€97,643 | +140.5% |
| Total equity and liabilities | 10/49 | €1,131,760 | €1,216,715 | +€84,954 | +7.5% |
| Equity | 10/15 | €936,337 | €1,114,922 | +€178,585 | +19.1% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €780,173 | €958,758 | +€178,585 | +22.9% |
| Distributable reserves | 133 | €780,173 | €958,758 | +€178,585 | +22.9% |
| Profit (loss) carried forward | 14 | €137,614 | €137,614 | = | 0.0% |
| Amounts payable | 17/49 | €195,424 | €101,793 | -€93,631 | -47.9% |
| Amounts payable within one year | 42/48 | €195,424 | €101,793 | -€93,631 | -47.9% |
| Trade debts | 44 | €541 | €161 | -€380 | -70.2% |
| Suppliers | 440/4 | €541 | €161 | -€380 | -70.2% |
| Taxes, remuneration and social security | 45 | €86,570 | €35,439 | -€51,130 | -59.1% |
| Taxes | 450/3 | €83,054 | €31,906 | -€51,148 | -61.6% |
| Remuneration and social security | 454/9 | €3,516 | €3,534 | +€18 | +0.5% |
| Other amounts payable | 47/48 | €108,313 | €66,193 | -€42,121 | -38.9% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,024 | €4,024 | = | 0.0% |
| Other operating charges | 640/8 | €513 | €528 | +€14 | +2.8% |
| Gross operating margin | 9900 | €468,258 | €336,846 | -€131,412 | -28.1% |
| Operating profit (loss) | 9901 | €463,721 | €332,294 | -€131,426 | -28.3% |
| Financial income | 75/76B | €31,051 | €26,547 | -€4,504 | -14.5% |
| Recurring financial income | 75 | €31,051 | €26,547 | -€4,504 | -14.5% |
| Financial charges | 65/66B | -€10,038 | €7,727 | +€17,764 | |
| Recurring financial charges | 65 | -€10,038 | €7,727 | +€17,764 | |
| Profit (loss) for the period before taxes | 9903 | €504,809 | €351,115 | -€153,695 | -30.4% |
| Income taxes | 67/77 | €161,114 | €103,448 | -€57,666 | -35.8% |
| Profit (loss) for the period | 9904 | €343,695 | €247,667 | -€96,028 | -27.9% |
| Profit (loss) for the period to be appropriated | 9905 | €343,695 | €247,667 | -€96,028 | -27.9% |
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 4 October 2026 via checked.be.