Heydi: 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.
Heydi
Largest movements
- Receivables within one year +€93,140
up €93,140 (+40.0%), from €233,131 to €326,271
of which Trade receivables: +€109,009
- Tangible fixed assets -€13,623
down €13,623 (-21.5%), from €63,294 to €49,672
- Cash +€13,611
up €13,611 (+171%), from €7,965 to €21,576
mainly Net result for the year (+€41,607) and Other debts (+€33,261)
- Profit (loss) carried forward +€41,607
up €41,607 (+75.6%), from €55,035 to €96,642
- Other debts +€33,261
up €33,261 (+391%), from €8,500 to €41,761
- Tax, wage and social debts +€17,498
up €17,498 (+45.7%), from €38,265 to €55,764
of which Taxes: +€16,610
- Trade debts +€14,017
up €14,017 (+9.3%), from €151,185 to €165,202
- Debts after one year -€11,781
down €11,781 (-35.4%), from €33,275 to €21,494
- Gross operating margin +€40,462
up €40,462 (+47.3%), from €85,570 to €126,031
- Taxes +€12,263
up €12,263 (+184%), from €6,670 to €18,934
- Staff costs -€9,038
down €9,038 (-18.4%), from €49,077 to €40,038
- Depreciation +€8,750
up €8,750 (+180%), from €4,873 to €13,623
- Other operating charges +€6,171
up €6,171 (+464%), from €1,330 to €7,501
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 | €316,190 | €411,563 | +€95,373 | +30.2% |
| Fixed assets | 21/28 | €70,094 | €57,472 | -€12,623 | -18.0% |
| Tangible fixed assets | 22/27 | €63,294 | €49,672 | -€13,623 | -21.5% |
| Furniture and vehicles | 24 | €63,294 | €49,672 | -€13,623 | -21.5% |
| Financial fixed assets | 28 | €6,800 | €7,800 | +€1,000 | +14.7% |
| Current assets | 29/58 | €246,096 | €354,091 | +€107,995 | +43.9% |
| Stocks and contracts in progress | 3 | €5,000 | €5,000 | = | 0.0% |
| Contracts in progress | 37 | €5,000 | €5,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €233,131 | €326,271 | +€93,140 | +40.0% |
| Trade receivables | 40 | €131,190 | €240,198 | +€109,009 | +83.1% |
| Other amounts receivable | 41 | €101,941 | €86,072 | -€15,869 | -15.6% |
| Cash at bank and in hand | 54/58 | €7,965 | €21,576 | +€13,611 | +171% |
| Deferred charges and accrued income | 490/1 | - | €1,244 | +€1,244 | |
| Total equity and liabilities | 10/49 | €316,190 | €411,563 | +€95,373 | +30.2% |
| Equity | 10/15 | €73,954 | €115,561 | +€41,607 | +56.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €328 | €328 | = | 0.0% |
| Non-distributable reserves | 130/1 | €328 | €328 | = | 0.0% |
| Reserves not available under the articles | 1311 | €328 | €328 | = | 0.0% |
| Profit (loss) carried forward | 14 | €55,035 | €96,642 | +€41,607 | +75.6% |
| Amounts payable | 17/49 | €242,236 | €296,001 | +€53,766 | +22.2% |
| Amounts payable after more than one year | 17 | €33,275 | €21,494 | -€11,781 | -35.4% |
| Financial debts | 170/4 | €33,275 | €21,494 | -€11,781 | -35.4% |
| Amounts payable within one year | 42/48 | €208,961 | €274,508 | +€65,547 | +31.4% |
| Current portion of amounts payable after more than one year | 42 | €11,011 | €11,781 | +€770 | +7.0% |
| Trade debts | 44 | €151,185 | €165,202 | +€14,017 | +9.3% |
| Suppliers | 440/4 | €151,185 | €165,202 | +€14,017 | +9.3% |
| Taxes, remuneration and social security | 45 | €38,265 | €55,764 | +€17,498 | +45.7% |
| Taxes | 450/3 | €21,103 | €37,712 | +€16,610 | +78.7% |
| Remuneration and social security | 454/9 | €17,163 | €18,052 | +€889 | +5.2% |
| Other amounts payable | 47/48 | €8,500 | €41,761 | +€33,261 | +391% |
| Remuneration, social security and pensions | 62 | €49,077 | €40,038 | -€9,038 | -18.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,873 | €13,623 | +€8,750 | +180% |
| Other operating charges | 640/8 | €1,330 | €7,501 | +€6,171 | +464% |
| Non-recurring operating charges | 66A | €1,650 | €1,397 | -€253 | -15.4% |
| Gross operating margin | 9900 | €85,570 | €126,031 | +€40,462 | +47.3% |
| Operating profit (loss) | 9901 | €28,640 | €63,473 | +€34,833 | +122% |
| Financial income | 75/76B | €709 | - | -€709 | |
| Recurring financial income | 75 | €709 | - | -€709 | |
| Financial charges | 65/66B | €3,283 | €2,932 | -€352 | -10.7% |
| Recurring financial charges | 65 | €3,283 | €2,932 | -€352 | -10.7% |
| Profit (loss) for the period before taxes | 9903 | €26,065 | €60,541 | +€34,475 | +132% |
| Income taxes | 67/77 | €6,670 | €18,934 | +€12,263 | +184% |
| Profit (loss) for the period | 9904 | €19,395 | €41,607 | +€22,212 | +115% |
| Profit (loss) for the period to be appropriated | 9905 | €19,395 | €41,607 | +€22,212 | +115% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.