HEYERICK PROPERTY: 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.
HEYERICK PROPERTY
Largest movements
- Tangible fixed assets -€50,993
down €50,993 (-3.6%), from €1.4m to €1.4m
of which Land and buildings: -€79,117
- Cash -€42,460
down €42,460 (-76.4%), from €55,589 to €13,129
mainly Debts after one year (-€118,416) and Tax, wage and social debts (-€40,134)
- Debts after one year -€118,416
down €118,416 (-13.5%), from €873,936 to €755,520
- Reserves +€46,337
up €46,337 (+20.0%), from €231,699 to €278,037
of which Distributable reserves: +€65,028
- Tax, wage and social debts -€40,134
down €40,134 (-100.0%), from €40,134 to €0
- Short-term financial debts +€25,000
new in 2025: €25,000
- Gross operating margin -€7,509
down €7,509 (-4.1%), from €183,232 to €175,724
- Financial charges -€5,924
down €5,924 (-21.5%), from €27,499 to €21,575
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 | €1,497,320 | €1,408,585 | -€88,735 | -5.9% |
| Fixed assets | 21/28 | €1,437,873 | €1,386,879 | -€50,993 | -3.5% |
| Tangible fixed assets | 22/27 | €1,422,873 | €1,371,879 | -€50,993 | -3.6% |
| Land and buildings | 22 | €1,422,873 | €1,343,755 | -€79,117 | -5.6% |
| Assets under construction and advance payments | 27 | - | €28,124 | +€28,124 | |
| Financial fixed assets | 28 | €15,000 | €15,000 | = | 0.0% |
| Current assets | 29/58 | €59,448 | €21,706 | -€37,742 | -63.5% |
| Amounts receivable within one year | 40/41 | €0 | €5,072 | +€5,072 | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | €5,072 | +€5,072 | |
| Cash at bank and in hand | 54/58 | €55,589 | €13,129 | -€42,460 | -76.4% |
| Deferred charges and accrued income | 490/1 | €3,858 | €3,504 | -€354 | -9.2% |
| Total equity and liabilities | 10/49 | €1,497,320 | €1,408,585 | -€88,735 | -5.9% |
| Equity | 10/15 | €438,203 | €484,541 | +€46,337 | +10.6% |
| Contributions | 10/11 | €206,504 | €206,504 | = | 0.0% |
| Reserves | 13 | €231,699 | €278,037 | +€46,337 | +20.0% |
| Tax-exempt reserves | 132 | €34,115 | €15,425 | -€18,690 | -54.8% |
| Distributable reserves | 133 | €197,584 | €262,612 | +€65,028 | +32.9% |
| Provisions and deferred taxes | 16 | €11,376 | €5,146 | -€6,230 | -54.8% |
| Deferred taxes | 168 | €11,376 | €5,146 | -€6,230 | -54.8% |
| Amounts payable | 17/49 | €1,047,741 | €918,898 | -€128,843 | -12.3% |
| Amounts payable after more than one year | 17 | €873,936 | €755,520 | -€118,416 | -13.5% |
| Financial debts | 170/4 | €873,936 | €755,520 | -€118,416 | -13.5% |
| Amounts payable within one year | 42/48 | €158,466 | €148,489 | -€9,976 | -6.3% |
| Current portion of amounts payable after more than one year | 42 | €117,939 | €118,416 | +€477 | +0.4% |
| Financial debts | 43 | - | €25,000 | +€25,000 | |
| Credit institutions | 430/8 | - | €25,000 | +€25,000 | |
| Trade debts | 44 | €393 | €5,073 | +€4,681 | +1192.5% |
| Suppliers | 440/4 | €393 | €5,073 | +€4,681 | +1192.5% |
| Taxes, remuneration and social security | 45 | €40,134 | €0 | -€40,134 | -100.0% |
| Taxes | 450/3 | €40,134 | €0 | -€40,134 | -100.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €15,340 | €14,889 | -€450 | -2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €79,117 | €79,117 | = | 0.0% |
| Other operating charges | 640/8 | €13,339 | €13,987 | +€648 | +4.9% |
| Gross operating margin | 9900 | €183,232 | €175,724 | -€7,509 | -4.1% |
| Operating profit (loss) | 9901 | €90,776 | €82,620 | -€8,156 | -9.0% |
| Financial charges | 65/66B | €27,499 | €21,575 | -€5,924 | -21.5% |
| Recurring financial charges | 65 | €27,499 | €21,575 | -€5,924 | -21.5% |
| Profit (loss) for the period before taxes | 9903 | €63,277 | €61,044 | -€2,233 | -3.5% |
| Transfer from deferred taxes | 780 | €6,230 | €6,230 | = | 0.0% |
| Income taxes | 67/77 | €22,049 | €20,937 | -€1,113 | -5.0% |
| Profit (loss) for the period | 9904 | €47,458 | €46,337 | -€1,120 | -2.4% |
| Transfer from tax-exempt reserves | 789 | €18,690 | €18,690 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €66,148 | €65,028 | -€1,120 | -1.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.