HEYHOEK: 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.
HEYHOEK
Largest movements
- Tangible fixed assets -€37,546
down €37,546 (-9.5%), from €397,160 to €359,613
- Cash +€21,910
up €21,910 (+49.7%), from €44,100 to €66,010
mainly Other debts (+€125,959) and Depreciation (+€37,546)
- Receivables within one year +€8,377
up €8,377 (+837.8%), from €1,000 to €9,377
of which Other amounts receivable: +€9,031
- Other debts +€125,959
up €125,959 (+8210.6%), from €1,534 to €127,493
- Debts after one year -€106,823
down €106,823 (-98.6%), from €108,357 to €1,534
- Profit (loss) carried forward -€32,400
down €32,400 (-33.6%), from -€96,348 to -€128,748
- Accrued charges and deferred income +€5,431
new in 2025: €5,431
- Depreciation +€17,302
up €17,302 (+85.5%), from €20,244 to €37,546
- Gross operating margin -€9,537
down €9,537 (-37.0%), from €25,792 to €16,255
- Financial charges +€2,093
up €2,093 (+50.5%), from €4,145 to €6,238
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 | €444,345 | €437,429 | -€6,917 | -1.6% |
| Fixed assets | 21/28 | €397,160 | €359,613 | -€37,546 | -9.5% |
| Tangible fixed assets | 22/27 | €397,160 | €359,613 | -€37,546 | -9.5% |
| Land and buildings | 22 | €397,160 | €359,613 | -€37,546 | -9.5% |
| Current assets | 29/58 | €47,186 | €77,816 | +€30,630 | +64.9% |
| Amounts receivable within one year | 40/41 | €1,000 | €9,377 | +€8,377 | +837.8% |
| Trade receivables | 40 | €997 | €344 | -€653 | -65.5% |
| Other amounts receivable | 41 | €3 | €9,034 | +€9,031 | +324851.1% |
| Cash at bank and in hand | 54/58 | €44,100 | €66,010 | +€21,910 | +49.7% |
| Deferred charges and accrued income | 490/1 | €2,086 | €2,428 | +€343 | +16.4% |
| Total equity and liabilities | 10/49 | €444,345 | €437,429 | -€6,917 | -1.6% |
| Equity | 10/15 | €332,901 | €300,502 | -€32,400 | -9.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Revaluation surpluses | 12 | €367,196 | €367,196 | = | 0.0% |
| Reserves | 13 | €54 | €54 | = | 0.0% |
| Non-distributable reserves | 130/1 | €54 | €54 | = | 0.0% |
| Legal reserve | 130 | €54 | €54 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€96,348 | -€128,748 | -€32,400 | -33.6% |
| Amounts payable | 17/49 | €111,444 | €136,927 | +€25,483 | +22.9% |
| Amounts payable after more than one year | 17 | €108,357 | €1,534 | -€106,823 | -98.6% |
| Other amounts payable | 178/9 | €108,357 | €1,534 | -€106,823 | -98.6% |
| Amounts payable within one year | 42/48 | €3,087 | €129,961 | +€126,874 | +4109.6% |
| Trade debts | 44 | €475 | €1,080 | +€605 | +127.2% |
| Suppliers | 440/4 | €475 | €1,080 | +€605 | +127.2% |
| Taxes, remuneration and social security | 45 | €1,078 | €1,389 | +€311 | +28.8% |
| Taxes | 450/3 | €1,078 | €1,389 | +€311 | +28.8% |
| Other amounts payable | 47/48 | €1,534 | €127,493 | +€125,959 | +8210.6% |
| Accrued charges and deferred income | 492/3 | - | €5,431 | +€5,431 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,244 | €37,546 | +€17,302 | +85.5% |
| Other operating charges | 640/8 | €4,494 | €4,750 | +€256 | +5.7% |
| Gross operating margin | 9900 | €25,792 | €16,255 | -€9,537 | -37.0% |
| Operating profit (loss) | 9901 | €1,053 | -€26,041 | -€27,095 | |
| Financial income | 75/76B | - | €21 | +€21 | |
| Recurring financial income | 75 | - | €21 | +€21 | |
| Financial charges | 65/66B | €4,145 | €6,238 | +€2,093 | +50.5% |
| Recurring financial charges | 65 | €4,145 | €6,238 | +€2,093 | +50.5% |
| Profit (loss) for the period before taxes | 9903 | -€3,092 | -€32,258 | -€29,167 | -943.4% |
| Income taxes | 67/77 | €136 | €141 | +€6 | +4.1% |
| Profit (loss) for the period | 9904 | -€3,227 | -€32,400 | -€29,172 | -903.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,227 | -€32,400 | -€29,172 | -903.9% |
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 9 October 2026 via checked.be.