Heydeca: 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.
Heydeca
Largest movements
- Financial fixed assets +€182,409
up €182,409 (+43.7%), from €417,095 to €599,504
- Receivables within one year +€57,376
up €57,376 (+34.3%), from €167,254 to €224,630
of which Other amounts receivable: +€66,029
- Cash -€46,377
down €46,377 (-56.5%), from €82,130 to €35,753
mainly Investment in fixed assets (net) (-€182,409) and Contributions, distributions and other (-€107,720)
- Tangible fixed assets -€30,690
down €30,690 (-21.9%), from €139,899 to €109,209
of which Furniture and vehicles: -€30,425
- Profit (loss) carried forward +€227,249
up €227,249 (+201497.7%), from €113 to €227,362
- Current portion of long-term debt +€139,913
up €139,913 (+19.5%), from €718,141 to €858,054
- Reserves -€107,720
down €107,720 (-22.4%), from €480,650 to €372,930
of which Distributable reserves: -€107,720
- Other debts -€104,083
down €104,083 (-24.7%), from €421,304 to €317,222
- Debts after one year +€25,062
up €25,062 (+17.3%), from €144,597 to €169,659
- Gross operating margin +€83,184
up €83,184, from -€25,733 to €57,450
- Financial income +€68,632
up €68,632 (+37.8%), from €181,744 to €250,376
- Depreciation +€16,747
up €16,747 (+120.1%), from €13,942 to €30,690
- Financial charges +€9,338
up €9,338 (+25.0%), from €37,350 to €46,689
of which Financial charges: +€6,258
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 | €1,795,057 | €1,961,829 | +€166,773 | +9.3% |
| Fixed assets | 21/28 | €556,994 | €708,713 | +€151,719 | +27.2% |
| Tangible fixed assets | 22/27 | €139,899 | €109,209 | -€30,690 | -21.9% |
| Plant, machinery and equipment | 23 | €380 | €116 | -€264 | -69.6% |
| Furniture and vehicles | 24 | €135,769 | €105,344 | -€30,425 | -22.4% |
| Other tangible fixed assets | 26 | €3,750 | €3,750 | = | 0.0% |
| Financial fixed assets | 28 | €417,095 | €599,504 | +€182,409 | +43.7% |
| Current assets | 29/58 | €1,238,063 | €1,253,117 | +€15,054 | +1.2% |
| Stocks and contracts in progress | 3 | €986,676 | €990,407 | +€3,731 | +0.4% |
| Stocks | 30/36 | €986,676 | €990,407 | +€3,731 | +0.4% |
| Amounts receivable within one year | 40/41 | €167,254 | €224,630 | +€57,376 | +34.3% |
| Trade receivables | 40 | €15,763 | €7,109 | -€8,653 | -54.9% |
| Other amounts receivable | 41 | €151,491 | €217,521 | +€66,029 | +43.6% |
| Cash at bank and in hand | 54/58 | €82,130 | €35,753 | -€46,377 | -56.5% |
| Deferred charges and accrued income | 490/1 | €2,003 | €2,327 | +€324 | +16.2% |
| Total equity and liabilities | 10/49 | €1,795,057 | €1,961,829 | +€166,773 | +9.3% |
| Equity | 10/15 | €480,763 | €600,292 | +€119,529 | +24.9% |
| Contributions | 10/11 | €0 | - | = | |
| Reserves | 13 | €480,650 | €372,930 | -€107,720 | -22.4% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €480,650 | €372,930 | -€107,720 | -22.4% |
| Profit (loss) carried forward | 14 | €113 | €227,362 | +€227,249 | +201497.7% |
| Amounts payable | 17/49 | €1,314,294 | €1,361,538 | +€47,243 | +3.6% |
| Amounts payable after more than one year | 17 | €144,597 | €169,659 | +€25,062 | +17.3% |
| Financial debts | 170/4 | €144,597 | €169,659 | +€25,062 | +17.3% |
| Amounts payable within one year | 42/48 | €1,169,373 | €1,191,525 | +€22,152 | +1.9% |
| Current portion of amounts payable after more than one year | 42 | €718,141 | €858,054 | +€139,913 | +19.5% |
| Financial debts | 43 | €2,586 | €163 | -€2,422 | -93.7% |
| Credit institutions | 430/8 | €2,586 | €163 | -€2,422 | -93.7% |
| Trade debts | 44 | €23,573 | €2,404 | -€21,170 | -89.8% |
| Suppliers | 440/4 | €23,573 | €2,404 | -€21,170 | -89.8% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €3,769 | €13,683 | +€9,914 | +263.0% |
| Taxes | 450/3 | €3,769 | €13,683 | +€9,914 | +263.0% |
| Other amounts payable | 47/48 | €421,304 | €317,222 | -€104,083 | -24.7% |
| Accrued charges and deferred income | 492/3 | €324 | €353 | +€30 | +9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,942 | €30,690 | +€16,747 | +120.1% |
| Other operating charges | 640/8 | €2,107 | €2,672 | +€564 | +26.8% |
| Gross operating margin | 9900 | -€25,733 | €57,450 | +€83,184 | |
| Operating profit (loss) | 9901 | -€41,783 | €24,089 | +€65,872 | |
| Financial income | 75/76B | €181,744 | €250,376 | +€68,632 | +37.8% |
| Recurring financial income | 75 | €181,744 | €250,376 | +€68,632 | +37.8% |
| Financial charges | 65/66B | €37,350 | €46,689 | +€9,338 | +25.0% |
| Recurring financial charges | 65 | €37,350 | €43,608 | +€6,258 | +16.8% |
| Non-recurring financial charges | 66B | - | €3,081 | +€3,081 | |
| Profit (loss) for the period before taxes | 9903 | €102,611 | €227,777 | +€125,166 | +122.0% |
| Income taxes | 67/77 | €337 | €528 | +€190 | +56.5% |
| Profit (loss) for the period | 9904 | €102,274 | €227,249 | +€124,975 | +122.2% |
| Profit (loss) for the period to be appropriated | 9905 | €102,274 | €227,249 | +€124,975 | +122.2% |
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 10 October 2026 via checked.be.