HEYDAY: 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.
HEYDAY
Largest movements
- Stocks and contracts +€39,505
up €39,505 (+64.0%), from €61,760 to €101,265
- Cash -€16,892
down €16,892 (-27.0%), from €62,463 to €45,572
mainly Stocks and contracts (-€39,505) and Investment in fixed assets (net) (-€2,623)
- Receivables within one year -€9,928
down €9,928 (-62.6%), from €15,872 to €5,944
of which Other amounts receivable: -€13,652
- Tangible fixed assets +€2,125
up €2,125 (+1928.7%), from €110 to €2,235
- Reserves +€10,000
up €10,000 (+46.1%), from €21,714 to €31,714
of which Distributable reserves: +€10,000
- Tax, wage and social debts +€2,936
up €2,936 (+31.5%), from €9,313 to €12,249
of which Taxes: +€2,886
- Profit (loss) carried forward +€1,936
up €1,936 (+3.4%), from €56,999 to €58,935
- Staff costs +€4,911
up €4,911 (+7.0%), from €70,435 to €75,347
- Gross operating margin -€3,665
down €3,665 (-3.6%), from €100,436 to €96,771
- Taxes -€1,575
down €1,575 (-26.8%), from €5,876 to €4,301
- Financial charges +€1,420
up €1,420 (+43.5%), from €3,268 to €4,688
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 | €143,206 | €158,016 | +€14,810 | +10.3% |
| Fixed assets | 21/28 | €3,110 | €5,235 | +€2,125 | +68.3% |
| Tangible fixed assets | 22/27 | €110 | €2,235 | +€2,125 | +1928.7% |
| Furniture and vehicles | 24 | €110 | €2,235 | +€2,125 | +1928.7% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €140,095 | €152,781 | +€12,685 | +9.1% |
| Stocks and contracts in progress | 3 | €61,760 | €101,265 | +€39,505 | +64.0% |
| Stocks | 30/36 | €61,760 | €101,265 | +€39,505 | +64.0% |
| Amounts receivable within one year | 40/41 | €15,872 | €5,944 | -€9,928 | -62.6% |
| Trade receivables | 40 | €517 | €4,241 | +€3,724 | +719.9% |
| Other amounts receivable | 41 | €15,354 | €1,703 | -€13,652 | -88.9% |
| Cash at bank and in hand | 54/58 | €62,463 | €45,572 | -€16,892 | -27.0% |
| Total equity and liabilities | 10/49 | €143,206 | €158,016 | +€14,810 | +10.3% |
| Equity | 10/15 | €98,713 | €110,650 | +€11,936 | +12.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Contributions outside capital | 11 | €20,000 | €20,000 | = | 0.0% |
| Other | 1109/19 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €21,714 | €31,714 | +€10,000 | +46.1% |
| Non-distributable reserves | 130/1 | €1,714 | €1,714 | = | 0.0% |
| Legal reserve | 130 | €1,714 | €1,714 | = | 0.0% |
| Distributable reserves | 133 | €20,000 | €30,000 | +€10,000 | +50.0% |
| Profit (loss) carried forward | 14 | €56,999 | €58,935 | +€1,936 | +3.4% |
| Amounts payable | 17/49 | €44,492 | €47,366 | +€2,874 | +6.5% |
| Amounts payable within one year | 42/48 | €44,492 | €47,366 | +€2,874 | +6.5% |
| Trade debts | 44 | €35,179 | €34,931 | -€249 | -0.7% |
| Suppliers | 440/4 | €35,179 | €34,931 | -€249 | -0.7% |
| Taxes, remuneration and social security | 45 | €9,313 | €12,249 | +€2,936 | +31.5% |
| Taxes | 450/3 | €9,311 | €12,197 | +€2,886 | +31.0% |
| Remuneration and social security | 454/9 | €1 | €51 | +€50 | +3883.7% |
| Other amounts payable | 47/48 | - | €186 | +€186 | |
| Remuneration, social security and pensions | 62 | €70,435 | €75,347 | +€4,911 | +7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €642 | €498 | -€143 | -22.3% |
| Other operating charges | 640/8 | €0 | - | = | |
| Gross operating margin | 9900 | €100,436 | €96,771 | -€3,665 | -3.6% |
| Operating profit (loss) | 9901 | €29,359 | €20,926 | -€8,433 | -28.7% |
| Financial charges | 65/66B | €3,268 | €4,688 | +€1,420 | +43.5% |
| Recurring financial charges | 65 | €3,268 | €4,688 | +€1,420 | +43.5% |
| Profit (loss) for the period before taxes | 9903 | €26,091 | €16,237 | -€9,853 | -37.8% |
| Income taxes | 67/77 | €5,876 | €4,301 | -€1,575 | -26.8% |
| Profit (loss) for the period | 9904 | €20,215 | €11,936 | -€8,278 | -41.0% |
| Profit (loss) for the period to be appropriated | 9905 | €20,215 | €11,936 | -€8,278 | -41.0% |
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 10 October 2026 via checked.be.