HEYLEN TECHNICS: 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.
HEYLEN TECHNICS
Largest movements
- Cash +€15,417
up €15,417 (+106%), from €14,544 to €29,961
mainly Depreciation (+€19,029) and Net result for the year (+€11,062)
- Tangible fixed assets -€9,255
down €9,255 (-14.7%), from €62,917 to €53,662
of which Furniture and vehicles: -€17,791
- Receivables within one year -€6,529
down €6,529 (-41.5%), from €15,714 to €9,185
- Deferred charges and accrued income +€1,292
up €1,292 (+141%), from €920 to €2,212
- Debts after one year -€12,367
down €12,367 (-39.7%), from €31,191 to €18,824
- Reserves +€11,062
up €11,062 (+60.2%), from €18,366 to €29,428
- Other debts +€9,039
up €9,039 (+251%), from €3,605 to €12,644
- Tax, wage and social debts -€7,423
down €7,423 (-62.0%), from €11,973 to €4,550
- Gross operating margin +€4,182
up €4,182 (+11.0%), from €38,059 to €42,241
- Taxes +€1,452
up €1,452 (+46.9%), from €3,098 to €4,550
- Staff costs +€1,440
up €1,440 (+50.1%), from €2,878 to €4,318
- Financial charges -€810
down €810 (-24.9%), from €3,247 to €2,438
- Depreciation +€778
up €778 (+4.3%), from €18,251 to €19,029
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 | €94,094 | €95,020 | +€926 | +1.0% |
| Fixed assets | 21/28 | €62,917 | €53,662 | -€9,255 | -14.7% |
| Tangible fixed assets | 22/27 | €62,917 | €53,662 | -€9,255 | -14.7% |
| Plant, machinery and equipment | 23 | €950 | €9,636 | +€8,685 | +914% |
| Furniture and vehicles | 24 | €60,550 | €42,758 | -€17,791 | -29.4% |
| Other tangible fixed assets | 26 | €1,417 | €1,268 | -€149 | -10.5% |
| Current assets | 29/58 | €31,177 | €41,358 | +€10,181 | +32.7% |
| Amounts receivable within one year | 40/41 | €15,714 | €9,185 | -€6,529 | -41.5% |
| Trade receivables | 40 | €15,714 | €9,185 | -€6,529 | -41.5% |
| Cash at bank and in hand | 54/58 | €14,544 | €29,961 | +€15,417 | +106% |
| Deferred charges and accrued income | 490/1 | €920 | €2,212 | +€1,292 | +141% |
| Total equity and liabilities | 10/49 | €94,094 | €95,020 | +€926 | +1.0% |
| Equity | 10/15 | €21,366 | €32,428 | +€11,062 | +51.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €18,366 | €29,428 | +€11,062 | +60.2% |
| Distributable reserves | 133 | €18,366 | €29,428 | +€11,062 | +60.2% |
| Amounts payable | 17/49 | €72,728 | €62,592 | -€10,136 | -13.9% |
| Amounts payable after more than one year | 17 | €31,191 | €18,824 | -€12,367 | -39.7% |
| Financial debts | 170/4 | €31,191 | €18,824 | -€12,367 | -39.7% |
| Amounts payable within one year | 42/48 | €41,537 | €43,768 | +€2,231 | +5.4% |
| Current portion of amounts payable after more than one year | 42 | €11,656 | €12,367 | +€712 | +6.1% |
| Trade debts | 44 | €14,303 | €14,206 | -€97 | -0.7% |
| Suppliers | 440/4 | €14,303 | €14,206 | -€97 | -0.7% |
| Taxes, remuneration and social security | 45 | €11,973 | €4,550 | -€7,423 | -62.0% |
| Taxes | 450/3 | €11,973 | €4,550 | -€7,423 | -62.0% |
| Other amounts payable | 47/48 | €3,605 | €12,644 | +€9,039 | +251% |
| Non-recurring operating income | 76A | €1,692 | - | -€1,692 | |
| Remuneration, social security and pensions | 62 | €2,878 | €4,318 | +€1,440 | +50.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,251 | €19,029 | +€778 | +4.3% |
| Other operating charges | 640/8 | €738 | €853 | +€115 | +15.6% |
| Gross operating margin | 9900 | €38,059 | €42,241 | +€4,182 | +11.0% |
| Operating profit (loss) | 9901 | €16,193 | €18,042 | +€1,849 | +11.4% |
| Financial income | 75/76B | €4 | €8 | +€4 | +102% |
| Recurring financial income | 75 | €4 | €8 | +€4 | +102% |
| Financial charges | 65/66B | €3,247 | €2,438 | -€810 | -24.9% |
| Recurring financial charges | 65 | €3,247 | €2,438 | -€810 | -24.9% |
| Profit (loss) for the period before taxes | 9903 | €12,950 | €15,612 | +€2,663 | +20.6% |
| Income taxes | 67/77 | €3,098 | €4,550 | +€1,452 | +46.9% |
| Profit (loss) for the period | 9904 | €9,851 | €11,062 | +€1,211 | +12.3% |
| Profit (loss) for the period to be appropriated | 9905 | €9,851 | €11,062 | +€1,211 | +12.3% |
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 14 October 2026 via checked.be.