Hey You!: 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 You!
Largest movements
- Cash -€15,874
down €15,874 (-35.6%), from €44,626 to €28,753
mainly Net result for the year (-€13,788) and Investment in fixed assets (net) (-€5,848)
- Financial fixed assets +€1,750
new in 2025: €1,750
- Tangible fixed assets +€1,539
up €1,539 (+56.4%), from €2,730 to €4,269
of which Plant, machinery and equipment: +€2,762
- Receivables within one year +€1,448
up €1,448 (+4.4%), from €33,256 to €34,704
of which Other amounts receivable: +€7,547
- Deferred charges and accrued income -€853
down €853 (-100%), from €853 to €0
- Reserves -€13,788
down €13,788 (-24.1%), from €57,203 to €43,415
- Other debts +€6,707
up €6,707 (+1,556%), from €431 to €7,138
- Trade debts -€3,839
down €3,839 (-38.0%), from €10,113 to €6,274
- Debts after one year -€1,369
down €1,369 (-39.6%), from €3,459 to €2,090
- Gross operating margin -€84,543
down €84,543, from €73,569 to -€10,974
- Taxes -€15,816
down €15,816 (-100%), from €15,816 to €0
- Financial income -€1,316
down €1,316 (-89.1%), from €1,477 to €161
- Depreciation +€1,257
up €1,257 (+96.6%), from €1,302 to €2,558
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 | €81,464 | €69,475 | -€11,989 | -14.7% |
| Fixed assets | 21/28 | €2,730 | €6,019 | +€3,289 | +120% |
| Tangible fixed assets | 22/27 | €2,730 | €4,269 | +€1,539 | +56.4% |
| Plant, machinery and equipment | 23 | €1,507 | €4,269 | +€2,762 | +183% |
| Furniture and vehicles | 24 | €1,222 | - | -€1,222 | |
| Financial fixed assets | 28 | - | €1,750 | +€1,750 | |
| Current assets | 29/58 | €78,735 | €63,456 | -€15,278 | -19.4% |
| Amounts receivable within one year | 40/41 | €33,256 | €34,704 | +€1,448 | +4.4% |
| Trade receivables | 40 | €14,546 | €8,446 | -€6,099 | -41.9% |
| Other amounts receivable | 41 | €18,710 | €26,257 | +€7,547 | +40.3% |
| Cash at bank and in hand | 54/58 | €44,626 | €28,753 | -€15,874 | -35.6% |
| Deferred charges and accrued income | 490/1 | €853 | €0 | -€853 | -100% |
| Total equity and liabilities | 10/49 | €81,464 | €69,475 | -€11,989 | -14.7% |
| Equity | 10/15 | €58,203 | €44,415 | -€13,788 | -23.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €57,203 | €43,415 | -€13,788 | -24.1% |
| Distributable reserves | 133 | €57,203 | €43,415 | -€13,788 | -24.1% |
| Amounts payable | 17/49 | €23,261 | €25,061 | +€1,799 | +7.7% |
| Amounts payable after more than one year | 17 | €3,459 | €2,090 | -€1,369 | -39.6% |
| Financial debts | 170/4 | €3,459 | €2,090 | -€1,369 | -39.6% |
| Amounts payable within one year | 42/48 | €19,802 | €22,598 | +€2,796 | +14.1% |
| Current portion of amounts payable after more than one year | 42 | €1,286 | €1,369 | +€82 | +6.4% |
| Trade debts | 44 | €10,113 | €6,274 | -€3,839 | -38.0% |
| Suppliers | 440/4 | €10,113 | €6,274 | -€3,839 | -38.0% |
| Taxes, remuneration and social security | 45 | €7,972 | €7,818 | -€154 | -1.9% |
| Taxes | 450/3 | €7,972 | €7,818 | -€154 | -1.9% |
| Other amounts payable | 47/48 | €431 | €7,138 | +€6,707 | +1,556% |
| Accrued charges and deferred income | 492/3 | - | €372 | +€372 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,302 | €2,558 | +€1,257 | +96.6% |
| Other operating charges | 640/8 | - | €75 | +€75 | |
| Gross operating margin | 9900 | €73,569 | -€10,974 | -€84,543 | |
| Operating profit (loss) | 9901 | €72,267 | -€13,608 | -€85,875 | |
| Financial income | 75/76B | €1,477 | €161 | -€1,316 | -89.1% |
| Recurring financial income | 75 | €1,477 | €161 | -€1,316 | -89.1% |
| Financial charges | 65/66B | €726 | €342 | -€384 | -52.9% |
| Recurring financial charges | 65 | €726 | €342 | -€384 | -52.9% |
| Profit (loss) for the period before taxes | 9903 | €73,019 | -€13,788 | -€86,807 | |
| Income taxes | 67/77 | €15,816 | €0 | -€15,816 | -100% |
| Profit (loss) for the period | 9904 | €57,203 | -€13,788 | -€70,991 | |
| Profit (loss) for the period to be appropriated | 9905 | €57,203 | -€13,788 | -€70,991 |
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 21 October 2026 via checked.be.