HEVI: 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.
HEVI
Largest movements
- Receivables within one year +€16,233
up €16,233 (+39.8%), from €40,802 to €57,034
of which Trade receivables: +€15,557
- Tangible fixed assets -€12,703
down €12,703 (-64.5%), from €19,701 to €6,998
- Cash -€2,766
down €2,766 (-92.3%), from €2,995 to €229
mainly Receivables within one year (-€16,233) and Trade debts (-€10,083)
- Other debts +€13,927
up €13,927 (+2127.8%), from €655 to €14,581
- Trade debts -€10,083
down €10,083 (-15.0%), from €67,062 to €56,980
- Tax, wage and social debts +€9,925
up €9,925 (+64.5%), from €15,382 to €25,307
of which Remuneration and social security: +€7,707
- Debts after one year -€6,797
no longer reported in 2024 (was €6,797)
- Current portion of long-term debt -€5,397
no longer reported in 2024 (was €5,397)
- Gross operating margin +€41,684
up €41,684 (+41.8%), from €99,689 to €141,373
- Staff costs -€8,572
down €8,572 (-6.4%), from €134,634 to €126,063
- Depreciation -€3,405
down €3,405 (-21.1%), from €16,108 to €12,703
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 | €73,089 | €73,773 | +€683 | +0.9% |
| Fixed assets | 21/28 | €25,056 | €12,353 | -€12,703 | -50.7% |
| Tangible fixed assets | 22/27 | €19,701 | €6,998 | -€12,703 | -64.5% |
| Plant, machinery and equipment | 23 | €4,377 | €2,529 | -€1,847 | -42.2% |
| Furniture and vehicles | 24 | €5,936 | - | -€5,936 | |
| Other tangible fixed assets | 26 | €9,389 | €4,469 | -€4,920 | -52.4% |
| Financial fixed assets | 28 | €5,355 | €5,355 | = | 0.0% |
| Current assets | 29/58 | €48,033 | €61,420 | +€13,386 | +27.9% |
| Stocks and contracts in progress | 3 | €4,237 | €4,156 | -€80 | -1.9% |
| Stocks | 30/36 | €4,237 | €4,156 | -€80 | -1.9% |
| Amounts receivable within one year | 40/41 | €40,802 | €57,034 | +€16,233 | +39.8% |
| Trade receivables | 40 | €31,855 | €47,412 | +€15,557 | +48.8% |
| Other amounts receivable | 41 | €8,946 | €9,622 | +€676 | +7.6% |
| Cash at bank and in hand | 54/58 | €2,995 | €229 | -€2,766 | -92.3% |
| Total equity and liabilities | 10/49 | €73,089 | €73,773 | +€683 | +0.9% |
| Equity | 10/15 | -€22,203 | -€23,095 | -€892 | -4.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€42,608 | -€43,500 | -€892 | -2.1% |
| Amounts payable | 17/49 | €95,293 | €96,868 | +€1,575 | +1.7% |
| Amounts payable after more than one year | 17 | €6,797 | - | -€6,797 | |
| Financial debts | 170/4 | €6,797 | - | -€6,797 | |
| Amounts payable within one year | 42/48 | €88,496 | €96,868 | +€8,372 | +9.5% |
| Current portion of amounts payable after more than one year | 42 | €5,397 | - | -€5,397 | |
| Trade debts | 44 | €67,062 | €56,980 | -€10,083 | -15.0% |
| Suppliers | 440/4 | €67,062 | €56,980 | -€10,083 | -15.0% |
| Taxes, remuneration and social security | 45 | €15,382 | €25,307 | +€9,925 | +64.5% |
| Taxes | 450/3 | €2,561 | €4,779 | +€2,218 | +86.6% |
| Remuneration and social security | 454/9 | €12,821 | €20,528 | +€7,707 | +60.1% |
| Other amounts payable | 47/48 | €655 | €14,581 | +€13,927 | +2127.8% |
| Remuneration, social security and pensions | 62 | €134,634 | €126,063 | -€8,572 | -6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,108 | €12,703 | -€3,405 | -21.1% |
| Other operating charges | 640/8 | €2,351 | €2,349 | -€2 | -0.1% |
| Gross operating margin | 9900 | €99,689 | €141,373 | +€41,684 | +41.8% |
| Operating profit (loss) | 9901 | -€53,404 | €259 | +€53,663 | |
| Financial income | 75/76B | €23 | €0 | -€23 | -99.2% |
| Recurring financial income | 75 | €23 | €0 | -€23 | -99.2% |
| Financial charges | 65/66B | €2,069 | €934 | -€1,135 | -54.9% |
| Recurring financial charges | 65 | €2,069 | €934 | -€1,135 | -54.9% |
| Profit (loss) for the period before taxes | 9903 | -€55,449 | -€674 | +€54,774 | +98.8% |
| Income taxes | 67/77 | - | €217 | +€217 | |
| Profit (loss) for the period | 9904 | -€55,449 | -€892 | +€54,557 | +98.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€55,449 | -€892 | +€54,557 | +98.4% |
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 28 September 2026 via checked.be.