Heycon: 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.
Heycon
Largest movements
- Cash +€27,093
up €27,093 (+47.8%), from €56,699 to €83,793
mainly Net result for the year (+€100,141) and Other debts (+€80,133)
- Receivables within one year -€12,827
down €12,827 (-26.7%), from €48,078 to €35,251
of which Trade receivables: -€8,417
- Tangible fixed assets -€4,474
down €4,474 (-12.6%), from €35,450 to €30,976
of which Other tangible fixed assets: -€4,640
- Reserves -€90,335
down €90,335 (-90.0%), from €100,335 to €10,000
of which Distributable reserves: -€90,335
- Other debts +€80,133
up €80,133 (+69942.2%), from €115 to €80,247
- Tax, wage and social debts +€23,388
up €23,388 (+236.1%), from €9,905 to €33,293
- Trade debts -€4,241
down €4,241 (-60.7%), from €6,982 to €2,741
- Gross operating margin +€53,293
up €53,293 (+42.3%), from €125,888 to €179,181
- Financial charges +€38,363
up €38,363 (+1809.5%), from €2,120 to €40,483
- Taxes +€4,818
up €4,818 (+18.7%), from €25,700 to €30,518
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 | €142,261 | €151,274 | +€9,013 | +6.3% |
| Fixed assets | 21/28 | €35,450 | €30,976 | -€4,474 | -12.6% |
| Tangible fixed assets | 22/27 | €35,450 | €30,976 | -€4,474 | -12.6% |
| Furniture and vehicles | 24 | €4,208 | €4,373 | +€166 | +3.9% |
| Other tangible fixed assets | 26 | €31,242 | €26,602 | -€4,640 | -14.9% |
| Current assets | 29/58 | €106,811 | €120,299 | +€13,488 | +12.6% |
| Amounts receivable within one year | 40/41 | €48,078 | €35,251 | -€12,827 | -26.7% |
| Trade receivables | 40 | €43,667 | €35,251 | -€8,417 | -19.3% |
| Other amounts receivable | 41 | €4,410 | - | -€4,410 | |
| Cash at bank and in hand | 54/58 | €56,699 | €83,793 | +€27,093 | +47.8% |
| Deferred charges and accrued income | 490/1 | €2,034 | €1,256 | -€778 | -38.3% |
| Total equity and liabilities | 10/49 | €142,261 | €151,274 | +€9,013 | +6.3% |
| Equity | 10/15 | €118,935 | €28,600 | -€90,335 | -76.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €100,335 | €10,000 | -€90,335 | -90.0% |
| Tax-exempt reserves | 132 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €90,335 | - | -€90,335 | |
| Amounts payable | 17/49 | €23,326 | €122,674 | +€99,348 | +425.9% |
| Amounts payable within one year | 42/48 | €23,326 | €122,674 | +€99,348 | +425.9% |
| Financial debts | 43 | €6,325 | €6,393 | +€68 | +1.1% |
| Credit institutions | 430/8 | €6,325 | €6,393 | +€68 | +1.1% |
| Trade debts | 44 | €6,982 | €2,741 | -€4,241 | -60.7% |
| Suppliers | 440/4 | €6,982 | €2,741 | -€4,241 | -60.7% |
| Taxes, remuneration and social security | 45 | €9,905 | €33,293 | +€23,388 | +236.1% |
| Taxes | 450/3 | €9,905 | €33,293 | +€23,388 | +236.1% |
| Other amounts payable | 47/48 | €115 | €80,247 | +€80,133 | +69942.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,191 | €6,954 | -€236 | -3.3% |
| Other operating charges | 640/8 | €1,022 | €1,085 | +€62 | +6.1% |
| Gross operating margin | 9900 | €125,888 | €179,181 | +€53,293 | +42.3% |
| Operating profit (loss) | 9901 | €117,675 | €171,142 | +€53,467 | +45.4% |
| Financial income | 75/76B | €0 | €0 | -€0 | -80.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -80.0% |
| Financial charges | 65/66B | €2,120 | €40,483 | +€38,363 | +1809.5% |
| Recurring financial charges | 65 | €2,120 | €40,483 | +€38,363 | +1809.5% |
| Profit (loss) for the period before taxes | 9903 | €115,555 | €130,659 | +€15,104 | +13.1% |
| Income taxes | 67/77 | €25,700 | €30,518 | +€4,818 | +18.7% |
| Profit (loss) for the period | 9904 | €89,854 | €100,141 | +€10,287 | +11.4% |
| Profit (loss) for the period to be appropriated | 9905 | €89,854 | €100,141 | +€10,287 | +11.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.