HEYDENS-DEWAELE: 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.
HEYDENS-DEWAELE
Largest movements
- Cash -€4,874
down €4,874 (-67.6%), from €7,212 to €2,338
mainly Other debts (-€7,587)
- Deferred charges and accrued income -€1,338
no longer reported in 2025 (was €1,338)
- Stocks and contracts -€900
down €900 (-1.4%), from €66,390 to €65,490
- Other debts -€7,587
down €7,587 (-11.7%), from €64,609 to €57,022
- Gross operating margin +€110
up €110 (+52.5%), from €209 to €319
- Financial charges +€24
up €24 (+13.2%), from €179 to €203
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 | €75,060 | €67,828 | -€7,232 | -9.6% |
| Current assets | 29/58 | €75,060 | €67,828 | -€7,232 | -9.6% |
| Stocks and contracts in progress | 3 | €66,390 | €65,490 | -€900 | -1.4% |
| Stocks | 30/36 | €66,390 | €65,490 | -€900 | -1.4% |
| Amounts receivable within one year | 40/41 | €120 | - | -€120 | |
| Other amounts receivable | 41 | €120 | - | -€120 | |
| Cash at bank and in hand | 54/58 | €7,212 | €2,338 | -€4,874 | -67.6% |
| Deferred charges and accrued income | 490/1 | €1,338 | - | -€1,338 | |
| Total equity and liabilities | 10/49 | €75,060 | €67,828 | -€7,232 | -9.6% |
| Equity | 10/15 | €10,320 | €10,437 | +€117 | +1.1% |
| Contributions | 10/11 | €10,412 | €10,412 | = | 0.0% |
| Reserves | 13 | €17,294 | €17,294 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €15,434 | €15,434 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,385 | -€17,268 | +€117 | +0.7% |
| Amounts payable | 17/49 | €64,740 | €57,391 | -€7,349 | -11.4% |
| Amounts payable within one year | 42/48 | €64,740 | €57,391 | -€7,349 | -11.4% |
| Trade debts | 44 | €131 | €140 | +€9 | +6.9% |
| Suppliers | 440/4 | €131 | €140 | +€9 | +6.9% |
| Taxes, remuneration and social security | 45 | - | €229 | +€229 | |
| Taxes | 450/3 | - | €229 | +€229 | |
| Other amounts payable | 47/48 | €64,609 | €57,022 | -€7,587 | -11.7% |
| Gross operating margin | 9900 | €209 | €319 | +€110 | +52.5% |
| Operating profit (loss) | 9901 | €209 | €319 | +€110 | +52.5% |
| Financial charges | 65/66B | €179 | €203 | +€24 | +13.2% |
| Recurring financial charges | 65 | €179 | €203 | +€24 | +13.2% |
| Profit (loss) for the period before taxes | 9903 | €31 | €117 | +€86 | +283% |
| Profit (loss) for the period | 9904 | €31 | €117 | +€86 | +283% |
| Profit (loss) for the period to be appropriated | 9905 | €31 | €117 | +€86 | +283% |
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 24 October 2026 via checked.be.