HEYLITE: 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.
HEYLITE
Largest movements
- Cash +€37,133
up €37,133 (+43.1%), from €86,124 to €123,256
mainly Net result for the year (+€44,114) and Debts after one year (+€7,139)
- Tangible fixed assets +€9,816
up €9,816 (+588%), from €1,669 to €11,485
of which Leasing and similar rights: +€8,978
- Receivables within one year -€4,820
down €4,820 (-32.4%), from €14,891 to €10,071
of which Trade receivables: -€4,826
- Reserves +€44,114
up €44,114 (+63.2%), from €69,824 to €113,938
- Tax, wage and social debts -€10,078
down €10,078 (-39.3%), from €25,657 to €15,579
- Debts after one year +€7,139
new in 2025: €7,139
- Current portion of long-term debt +€1,796
new in 2025: €1,796
- Gross operating margin -€30,060
down €30,060 (-33.9%), from €88,698 to €58,638
- Taxes -€5,948
down €5,948 (-32.1%), from €18,510 to €12,562
- Depreciation +€1,111
up €1,111 (+452%), from €246 to €1,357
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 | €103,484 | €146,397 | +€42,912 | +41.5% |
| Fixed assets | 21/28 | €1,669 | €11,485 | +€9,816 | +588% |
| Tangible fixed assets | 22/27 | €1,669 | €11,485 | +€9,816 | +588% |
| Plant, machinery and equipment | 23 | €1,669 | €1,286 | -€383 | -22.9% |
| Furniture and vehicles | 24 | - | €1,221 | +€1,221 | |
| Leasing and similar rights | 25 | - | €8,978 | +€8,978 | |
| Current assets | 29/58 | €101,815 | €134,911 | +€33,097 | +32.5% |
| Amounts receivable within one year | 40/41 | €14,891 | €10,071 | -€4,820 | -32.4% |
| Trade receivables | 40 | €14,891 | €10,064 | -€4,826 | -32.4% |
| Other amounts receivable | 41 | - | €7 | +€7 | |
| Cash at bank and in hand | 54/58 | €86,124 | €123,256 | +€37,133 | +43.1% |
| Deferred charges and accrued income | 490/1 | €801 | €1,584 | +€784 | +97.9% |
| Total equity and liabilities | 10/49 | €103,484 | €146,397 | +€42,912 | +41.5% |
| Equity | 10/15 | €74,824 | €118,938 | +€44,114 | +59.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €69,824 | €113,938 | +€44,114 | +63.2% |
| Distributable reserves | 133 | €69,824 | €113,938 | +€44,114 | +63.2% |
| Amounts payable | 17/49 | €28,660 | €27,459 | -€1,202 | -4.2% |
| Amounts payable after more than one year | 17 | - | €7,139 | +€7,139 | |
| Financial debts | 170/4 | - | €7,139 | +€7,139 | |
| Amounts payable within one year | 42/48 | €27,154 | €18,819 | -€8,335 | -30.7% |
| Current portion of amounts payable after more than one year | 42 | - | €1,796 | +€1,796 | |
| Trade debts | 44 | €1,261 | €1,328 | +€66 | +5.3% |
| Suppliers | 440/4 | €1,261 | €1,328 | +€66 | +5.3% |
| Taxes, remuneration and social security | 45 | €25,657 | €15,579 | -€10,078 | -39.3% |
| Taxes | 450/3 | €25,657 | €15,579 | -€10,078 | -39.3% |
| Other amounts payable | 47/48 | €235 | €116 | -€119 | -50.5% |
| Accrued charges and deferred income | 492/3 | €1,506 | €1,500 | -€6 | -0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €246 | €1,357 | +€1,111 | +452% |
| Other operating charges | 640/8 | €55 | €286 | +€231 | +420% |
| Gross operating margin | 9900 | €88,698 | €58,638 | -€30,060 | -33.9% |
| Operating profit (loss) | 9901 | €88,398 | €56,995 | -€31,403 | -35.5% |
| Financial charges | 65/66B | €64 | €319 | +€256 | +402% |
| Recurring financial charges | 65 | €64 | €319 | +€256 | +402% |
| Profit (loss) for the period before taxes | 9903 | €88,334 | €56,676 | -€31,658 | -35.8% |
| Income taxes | 67/77 | €18,510 | €12,562 | -€5,948 | -32.1% |
| Profit (loss) for the period | 9904 | €69,824 | €44,114 | -€25,710 | -36.8% |
| Profit (loss) for the period to be appropriated | 9905 | €69,824 | €44,114 | -€25,710 | -36.8% |
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 17 October 2026 via checked.be.