Heyla: 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.
Heyla
Largest movements
- Receivables within one year -€28,656
down €28,656 (-98.1%), from €29,204 to €548
of which Other amounts receivable: -€27,405
- Cash -€10,672
down €10,672 (-64.0%), from €16,686 to €6,014
mainly Debts after one year (-€37,381) and Net result for the year (-€30,179)
- Deferred charges and accrued income +€3,445
up €3,445 (+2,930%), from €118 to €3,563
- Other debts +€66,709
up €66,709 (+634%), from €10,525 to €77,234
- Debts after one year -€37,381
down €37,381 (-59.6%), from €62,717 to €25,336
- Profit (loss) carried forward -€30,179
down €30,179 (-36.5%), from €82,599 to €52,420
- Current portion of long-term debt -€24,264
down €24,264 (-39.4%), from €61,645 to €37,381
- Tax, wage and social debts -€11,416
down €11,416 (-97.0%), from €11,768 to €352
- Gross operating margin -€33,915
down €33,915, from €12,936 to -€20,978
- Financial charges +€2,220
up €2,220 (+51.5%), from €4,316 to €6,536
- Financial income +€1,261
new in 2025: €1,261
- Taxes -€268
down €268 (-11.0%), from €2,431 to €2,164
- Other operating charges -€261
down €261 (-18.8%), from €1,386 to €1,125
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 | €338,475 | €301,955 | -€36,519 | -10.8% |
| Fixed assets | 21/28 | €292,468 | €291,831 | -€637 | -0.2% |
| Tangible fixed assets | 22/27 | €1,609 | €972 | -€637 | -39.6% |
| Plant, machinery and equipment | 23 | €1,609 | €972 | -€637 | -39.6% |
| Financial fixed assets | 28 | €290,859 | €290,859 | = | 0.0% |
| Current assets | 29/58 | €46,007 | €10,125 | -€35,883 | -78.0% |
| Amounts receivable within one year | 40/41 | €29,204 | €548 | -€28,656 | -98.1% |
| Trade receivables | 40 | €1,251 | €0 | -€1,251 | -100% |
| Other amounts receivable | 41 | €27,953 | €548 | -€27,405 | -98.0% |
| Cash at bank and in hand | 54/58 | €16,686 | €6,014 | -€10,672 | -64.0% |
| Deferred charges and accrued income | 490/1 | €118 | €3,563 | +€3,445 | +2,930% |
| Total equity and liabilities | 10/49 | €338,475 | €301,955 | -€36,519 | -10.8% |
| Equity | 10/15 | €186,273 | €156,094 | -€30,179 | -16.2% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €63,674 | €63,674 | = | 0.0% |
| Distributable reserves | 133 | €63,674 | €63,674 | = | 0.0% |
| Profit (loss) carried forward | 14 | €82,599 | €52,420 | -€30,179 | -36.5% |
| Amounts payable | 17/49 | €152,202 | €145,862 | -€6,341 | -4.2% |
| Amounts payable after more than one year | 17 | €62,717 | €25,336 | -€37,381 | -59.6% |
| Financial debts | 170/4 | €62,717 | €25,336 | -€37,381 | -59.6% |
| Amounts payable within one year | 42/48 | €88,785 | €116,808 | +€28,023 | +31.6% |
| Current portion of amounts payable after more than one year | 42 | €61,645 | €37,381 | -€24,264 | -39.4% |
| Trade debts | 44 | €3,333 | €1,842 | -€1,492 | -44.8% |
| Suppliers | 440/4 | €3,333 | €1,842 | -€1,492 | -44.8% |
| Advances received on contracts in progress | 46 | €1,514 | €0 | -€1,514 | -100% |
| Taxes, remuneration and social security | 45 | €11,768 | €352 | -€11,416 | -97.0% |
| Taxes | 450/3 | €11,768 | €352 | -€11,416 | -97.0% |
| Other amounts payable | 47/48 | €10,525 | €77,234 | +€66,709 | +634% |
| Accrued charges and deferred income | 492/3 | €700 | €3,717 | +€3,017 | +431% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €867 | €637 | -€230 | -26.6% |
| Other operating charges | 640/8 | €1,386 | €1,125 | -€261 | -18.8% |
| Non-recurring operating charges | 66A | €2,338 | €0 | -€2,338 | -100% |
| Gross operating margin | 9900 | €12,936 | -€20,978 | -€33,915 | |
| Operating profit (loss) | 9901 | €8,345 | -€22,740 | -€31,085 | |
| Financial income | 75/76B | - | €1,261 | +€1,261 | |
| Recurring financial income | 75 | - | €1,261 | +€1,261 | |
| Financial charges | 65/66B | €4,316 | €6,536 | +€2,220 | +51.5% |
| Recurring financial charges | 65 | €4,316 | €6,536 | +€2,220 | +51.5% |
| Profit (loss) for the period before taxes | 9903 | €4,029 | -€28,015 | -€32,044 | |
| Income taxes | 67/77 | €2,431 | €2,164 | -€268 | -11.0% |
| Profit (loss) for the period | 9904 | €1,598 | -€30,179 | -€31,777 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,598 | -€30,179 | -€31,777 |
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 18 October 2026 via checked.be.