Hey God: 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.
Hey God
Largest movements
- Tangible fixed assets -€13,476
down €13,476 (-25.9%), from €52,089 to €38,613
of which Furniture and vehicles: -€18,380
- Cash -€4,042
down €4,042 (-25.8%), from €15,677 to €11,635
mainly Debts after one year (-€15,736) and Other debts (-€6,353)
- Debts after one year -€15,736
down €15,736 (-42.7%), from €36,891 to €21,155
- Reserves +€7,084
up €7,084 (+195.4%), from €3,625 to €10,709
- Other debts -€6,353
down €6,353 (-68.3%), from €9,306 to €2,953
- Trade debts -€3,344
down €3,344 (-64.9%), from €5,156 to €1,812
- Gross operating margin +€9,884
up €9,884 (+43.7%), from €22,610 to €32,494
- Depreciation +€4,514
up €4,514 (+30.5%), from €14,797 to €19,311
- Taxes +€1,888
up €1,888 (+109.5%), from €1,724 to €3,612
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 | €77,729 | €60,248 | -€17,481 | -22.5% |
| Fixed assets | 21/28 | €60,590 | €47,113 | -€13,476 | -22.2% |
| Intangible fixed assets | 21 | €1 | €0 | -€0 | -33.3% |
| Tangible fixed assets | 22/27 | €52,089 | €38,613 | -€13,476 | -25.9% |
| Land and buildings | 22 | €1,237 | €792 | -€446 | -36.0% |
| Plant, machinery and equipment | 23 | €755 | €6,105 | +€5,350 | +708.4% |
| Furniture and vehicles | 24 | €50,096 | €31,717 | -€18,380 | -36.7% |
| Financial fixed assets | 28 | €8,500 | €8,500 | = | 0.0% |
| Current assets | 29/58 | €17,139 | €13,134 | -€4,005 | -23.4% |
| Amounts receivable within one year | 40/41 | €114 | - | -€114 | |
| Trade receivables | 40 | €114 | - | -€114 | |
| Cash at bank and in hand | 54/58 | €15,677 | €11,635 | -€4,042 | -25.8% |
| Deferred charges and accrued income | 490/1 | €1,348 | €1,499 | +€151 | +11.2% |
| Total equity and liabilities | 10/49 | €77,729 | €60,248 | -€17,481 | -22.5% |
| Equity | 10/15 | €6,625 | €13,709 | +€7,084 | +106.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €3,625 | €10,709 | +€7,084 | +195.4% |
| Distributable reserves | 133 | €3,625 | €10,709 | +€7,084 | +195.4% |
| Amounts payable | 17/49 | €71,104 | €46,539 | -€24,565 | -34.5% |
| Amounts payable after more than one year | 17 | €36,891 | €21,155 | -€15,736 | -42.7% |
| Financial debts | 170/4 | €36,891 | €21,155 | -€15,736 | -42.7% |
| Amounts payable within one year | 42/48 | €34,213 | €25,384 | -€8,829 | -25.8% |
| Current portion of amounts payable after more than one year | 42 | €15,222 | €15,736 | +€515 | +3.4% |
| Trade debts | 44 | €5,156 | €1,812 | -€3,344 | -64.9% |
| Suppliers | 440/4 | €5,156 | €1,812 | -€3,344 | -64.9% |
| Taxes, remuneration and social security | 45 | €4,529 | €4,882 | +€354 | +7.8% |
| Taxes | 450/3 | €4,529 | €4,882 | +€354 | +7.8% |
| Other amounts payable | 47/48 | €9,306 | €2,953 | -€6,353 | -68.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,797 | €19,311 | +€4,514 | +30.5% |
| Other operating charges | 640/8 | €716 | €657 | -€59 | -8.3% |
| Gross operating margin | 9900 | €22,610 | €32,494 | +€9,884 | +43.7% |
| Operating profit (loss) | 9901 | €7,097 | €12,526 | +€5,429 | +76.5% |
| Financial income | 75/76B | €17 | €31 | +€14 | +78.8% |
| Recurring financial income | 75 | €17 | €31 | +€14 | +78.8% |
| Financial charges | 65/66B | €1,616 | €1,860 | +€244 | +15.1% |
| Recurring financial charges | 65 | €1,616 | €1,860 | +€244 | +15.1% |
| Profit (loss) for the period before taxes | 9903 | €5,498 | €10,696 | +€5,199 | +94.6% |
| Income taxes | 67/77 | €1,724 | €3,612 | +€1,888 | +109.5% |
| Profit (loss) for the period | 9904 | €3,773 | €7,084 | +€3,311 | +87.7% |
| Profit (loss) for the period to be appropriated | 9905 | €3,773 | €7,084 | +€3,311 | +87.7% |
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 11 October 2026 via checked.be.