HEYFAM: 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.
HEYFAM
Largest movements
- Financial fixed assets +€111,478
up €111,478 (+40.4%), from €275,950 to €387,428
- Tangible fixed assets +€61,495
up €61,495 (+153%), from €40,112 to €101,608
of which Leasing and similar rights: +€66,837
- Receivables within one year +€50,787
up €50,787 (+45.2%), from €112,244 to €163,031
of which Trade receivables: +€50,740
- Other debts +€86,389
up €86,389 (+1,799%), from €4,803 to €91,192
- Debts after one year +€51,870
new in 2025: €51,870
- Current portion of long-term debt +€49,411
up €49,411 (+209%), from €23,665 to €73,075
- Reserves +€41,153
up €41,153 (+11.0%), from €374,146 to €415,299
- Gross operating margin -€77,919
down €77,919 (-21.0%), from €370,625 to €292,706
- Taxes -€19,430
down €19,430 (-21.2%), from €91,790 to €72,360
- Depreciation +€9,962
up €9,962 (+164%), from €6,059 to €16,020
- Financial income +€8,725
up €8,725 (+2,566,076%), from €0 to €8,725
of which Non-recurring financial income: +€7,500
- Other operating charges -€3,786
down €3,786 (-55.6%), from €6,810 to €3,024
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 | €433,451 | €662,933 | +€229,482 | +52.9% |
| Fixed assets | 21/28 | €316,062 | €489,036 | +€172,974 | +54.7% |
| Tangible fixed assets | 22/27 | €40,112 | €101,608 | +€61,495 | +153% |
| Furniture and vehicles | 24 | €2,412 | €2,445 | +€32 | +1.3% |
| Leasing and similar rights | 25 | - | €66,837 | +€66,837 | |
| Other tangible fixed assets | 26 | €37,700 | €32,327 | -€5,374 | -14.3% |
| Financial fixed assets | 28 | €275,950 | €387,428 | +€111,478 | +40.4% |
| Current assets | 29/58 | €117,389 | €173,897 | +€56,508 | +48.1% |
| Amounts receivable within one year | 40/41 | €112,244 | €163,031 | +€50,787 | +45.2% |
| Trade receivables | 40 | €112,244 | €162,984 | +€50,740 | +45.2% |
| Other amounts receivable | 41 | - | €47 | +€47 | |
| Cash at bank and in hand | 54/58 | €2,704 | €7,707 | +€5,003 | +185% |
| Deferred charges and accrued income | 490/1 | €2,441 | €3,159 | +€718 | +29.4% |
| Total equity and liabilities | 10/49 | €433,451 | €662,933 | +€229,482 | +52.9% |
| Equity | 10/15 | €392,746 | €433,899 | +€41,153 | +10.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €374,146 | €415,299 | +€41,153 | +11.0% |
| Distributable reserves | 133 | €374,146 | €415,299 | +€41,153 | +11.0% |
| Amounts payable | 17/49 | €40,706 | €229,034 | +€188,329 | +463% |
| Amounts payable after more than one year | 17 | - | €51,870 | +€51,870 | |
| Financial debts | 170/4 | - | €51,870 | +€51,870 | |
| Amounts payable within one year | 42/48 | €40,706 | €177,164 | +€136,459 | +335% |
| Current portion of amounts payable after more than one year | 42 | €23,665 | €73,075 | +€49,411 | +209% |
| Trade debts | 44 | €3,095 | €1,018 | -€2,078 | -67.1% |
| Suppliers | 440/4 | €3,095 | €1,018 | -€2,078 | -67.1% |
| Taxes, remuneration and social security | 45 | €9,143 | €11,879 | +€2,736 | +29.9% |
| Taxes | 450/3 | €9,143 | €11,879 | +€2,736 | +29.9% |
| Other amounts payable | 47/48 | €4,803 | €91,192 | +€86,389 | +1,799% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,059 | €16,020 | +€9,962 | +164% |
| Other operating charges | 640/8 | €6,810 | €3,024 | -€3,786 | -55.6% |
| Non-recurring operating charges | 66A | - | €38 | +€38 | |
| Gross operating margin | 9900 | €370,625 | €292,706 | -€77,919 | -21.0% |
| Operating profit (loss) | 9901 | €357,757 | €273,625 | -€84,132 | -23.5% |
| Financial income | 75/76B | €0 | €8,725 | +€8,725 | +2,566,076% |
| Recurring financial income | 75 | €0 | €1,225 | +€1,225 | +360,194% |
| Non-recurring financial income | 76B | - | €7,500 | +€7,500 | |
| Financial charges | 65/66B | €1,508 | €2,178 | +€670 | +44.4% |
| Recurring financial charges | 65 | €1,508 | €2,178 | +€670 | +44.4% |
| Profit (loss) for the period before taxes | 9903 | €356,249 | €280,172 | -€76,077 | -21.4% |
| Income taxes | 67/77 | €91,790 | €72,360 | -€19,430 | -21.2% |
| Profit (loss) for the period | 9904 | €264,459 | €207,812 | -€56,647 | -21.4% |
| Profit (loss) for the period to be appropriated | 9905 | €264,459 | €207,812 | -€56,647 | -21.4% |
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 20 October 2026 via checked.be.