HEYBA: 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.
HEYBA
Largest movements
- Cash +€123,999
up €123,999 (+27.2%), from €455,859 to €579,858
mainly Net result for the year (+€389,127) and Trade debts (+€161,414)
- Receivables within one year +€101,016
up €101,016 (+35.0%), from €288,912 to €389,928
of which Other amounts receivable: +€100,063
- Tangible fixed assets +€64,594
up €64,594 (+70.3%), from €91,861 to €156,454
of which Other tangible fixed assets: +€61,733
- Trade debts +€161,414
up €161,414 (+41.5%), from €389,290 to €550,703
- Other debts +€144,581
up €144,581 (+50.7%), from €285,393 to €429,974
- Tax, wage and social debts -€26,489
down €26,489 (-9.9%), from €267,165 to €240,675
of which Taxes: -€34,080
- Current portion of long-term debt +€14,845
up €14,845 (+38.2%), from €38,894 to €53,739
- Gross operating margin -€106,567
down €106,567 (-5.3%), from €2.0m to €1.9m
- Staff costs +€43,245
up €43,245 (+3.4%), from €1.3m to €1.3m
- Taxes -€21,697
down €21,697 (-13.1%), from €166,225 to €144,528
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 | €982,281 | €1,278,004 | +€295,724 | +30.1% |
| Fixed assets | 21/28 | €91,861 | €156,454 | +€64,594 | +70.3% |
| Tangible fixed assets | 22/27 | €91,861 | €156,454 | +€64,594 | +70.3% |
| Plant, machinery and equipment | 23 | €37,123 | €42,410 | +€5,287 | +14.2% |
| Furniture and vehicles | 24 | €23,509 | €21,084 | -€2,426 | -10.3% |
| Other tangible fixed assets | 26 | €31,228 | €92,961 | +€61,733 | +197.7% |
| Current assets | 29/58 | €890,420 | €1,121,550 | +€231,130 | +26.0% |
| Stocks and contracts in progress | 3 | €33,941 | €34,946 | +€1,004 | +3.0% |
| Stocks | 30/36 | €33,941 | €34,946 | +€1,004 | +3.0% |
| Amounts receivable within one year | 40/41 | €288,912 | €389,928 | +€101,016 | +35.0% |
| Trade receivables | 40 | €73,698 | €74,650 | +€952 | +1.3% |
| Other amounts receivable | 41 | €215,215 | €315,278 | +€100,063 | +46.5% |
| Cash at bank and in hand | 54/58 | €455,859 | €579,858 | +€123,999 | +27.2% |
| Deferred charges and accrued income | 490/1 | €111,708 | €116,818 | +€5,111 | +4.6% |
| Total equity and liabilities | 10/49 | €982,281 | €1,278,004 | +€295,724 | +30.1% |
| Equity | 10/15 | €531 | €659 | +€127 | +24.0% |
| Contributions | 10/11 | €0 | - | = | |
| Reserves | 13 | €0 | - | = | |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €531 | €659 | +€127 | +24.0% |
| Amounts payable | 17/49 | €981,749 | €1,277,346 | +€295,596 | +30.1% |
| Amounts payable within one year | 42/48 | €981,507 | €1,277,278 | +€295,771 | +30.1% |
| Current portion of amounts payable after more than one year | 42 | €38,894 | €53,739 | +€14,845 | +38.2% |
| Financial debts | 43 | €766 | €2,187 | +€1,421 | +185.6% |
| Credit institutions | 430/8 | €766 | €2,187 | +€1,421 | +185.6% |
| Trade debts | 44 | €389,290 | €550,703 | +€161,414 | +41.5% |
| Suppliers | 440/4 | €389,290 | €550,703 | +€161,414 | +41.5% |
| Taxes, remuneration and social security | 45 | €267,165 | €240,675 | -€26,489 | -9.9% |
| Taxes | 450/3 | €125,311 | €91,231 | -€34,080 | -27.2% |
| Remuneration and social security | 454/9 | €141,854 | €149,445 | +€7,591 | +5.4% |
| Other amounts payable | 47/48 | €285,393 | €429,974 | +€144,581 | +50.7% |
| Accrued charges and deferred income | 492/3 | €242 | €67 | -€175 | -72.2% |
| Remuneration, social security and pensions | 62 | €1,280,931 | €1,324,176 | +€43,245 | +3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,160 | €36,858 | +€11,698 | +46.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€576 | €0 | +€576 | |
| Other operating charges | 640/8 | €5,405 | €3,685 | -€1,720 | -31.8% |
| Gross operating margin | 9900 | €2,021,417 | €1,914,851 | -€106,567 | -5.3% |
| Operating profit (loss) | 9901 | €710,497 | €550,131 | -€160,366 | -22.6% |
| Financial income | 75/76B | €3,601 | €0 | -€3,601 | -100.0% |
| Recurring financial income | 75 | €3,601 | €0 | -€3,601 | -100.0% |
| Financial charges | 65/66B | €22,371 | €16,475 | -€5,896 | -26.4% |
| Recurring financial charges | 65 | €22,371 | €16,475 | -€5,896 | -26.4% |
| Profit (loss) for the period before taxes | 9903 | €691,727 | €533,655 | -€158,071 | -22.9% |
| Income taxes | 67/77 | €166,225 | €144,528 | -€21,697 | -13.1% |
| Profit (loss) for the period | 9904 | €525,502 | €389,127 | -€136,375 | -26.0% |
| Profit (loss) for the period to be appropriated | 9905 | €525,502 | €389,127 | -€136,375 | -26.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.