HEYMANS: 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.
HEYMANS
Largest movements
- Cash +€10,452
up €10,452 (+20.4%), from €51,145 to €61,597
mainly Depreciation (+€8,542) and Net result for the year (+€3,183)
- Tangible fixed assets -€8,542
down €8,542 (-11.4%), from €75,181 to €66,639
of which Land and buildings: -€8,330
- Receivables within one year -€1,866
down €1,866 (-67.3%), from €2,774 to €908
of which Trade receivables: -€1,750
- Other debts -€3,350
down €3,350 (-45.7%), from €7,336 to €3,986
- Reserves +€3,183
up €3,183 (+5.4%), from €58,638 to €61,821
of which Distributable reserves: +€3,183
- Depreciation -€8,283
down €8,283 (-49.2%), from €16,825 to €8,542
- Gross operating margin -€1,322
down €1,322 (-8.7%), from €15,108 to €13,786
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 | €129,310 | €129,143 | -€167 | -0.1% |
| Fixed assets | 21/28 | €75,392 | €66,639 | -€8,753 | -11.6% |
| Tangible fixed assets | 22/27 | €75,181 | €66,639 | -€8,542 | -11.4% |
| Land and buildings | 22 | €74,969 | €66,639 | -€8,330 | -11.1% |
| Plant, machinery and equipment | 23 | €212 | - | -€212 | |
| Financial fixed assets | 28 | €211 | - | -€211 | |
| Current assets | 29/58 | €53,919 | €62,504 | +€8,586 | +15.9% |
| Amounts receivable within one year | 40/41 | €2,774 | €908 | -€1,866 | -67.3% |
| Trade receivables | 40 | €2,658 | €908 | -€1,750 | -65.9% |
| Other amounts receivable | 41 | €116 | - | -€116 | |
| Cash at bank and in hand | 54/58 | €51,145 | €61,597 | +€10,452 | +20.4% |
| Total equity and liabilities | 10/49 | €129,310 | €129,143 | -€167 | -0.1% |
| Equity | 10/15 | €120,638 | €123,821 | +€3,183 | +2.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €58,638 | €61,821 | +€3,183 | +5.4% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €52,438 | €55,621 | +€3,183 | +6.1% |
| Amounts payable | 17/49 | €8,672 | €5,322 | -€3,350 | -38.6% |
| Amounts payable within one year | 42/48 | €8,672 | €5,322 | -€3,350 | -38.6% |
| Trade debts | 44 | €343 | €343 | = | 0.0% |
| Suppliers | 440/4 | €343 | €343 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €993 | €993 | = | 0.0% |
| Taxes | 450/3 | €993 | €993 | = | 0.0% |
| Other amounts payable | 47/48 | €7,336 | €3,986 | -€3,350 | -45.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,825 | €8,542 | -€8,283 | -49.2% |
| Other operating charges | 640/8 | €2,103 | €2,024 | -€79 | -3.8% |
| Gross operating margin | 9900 | €15,108 | €13,786 | -€1,322 | -8.7% |
| Operating profit (loss) | 9901 | -€3,820 | €3,220 | +€7,040 | |
| Financial income | 75/76B | €17 | - | -€17 | |
| Recurring financial income | 75 | €17 | - | -€17 | |
| Financial charges | 65/66B | €41 | €38 | -€3 | -8.1% |
| Recurring financial charges | 65 | €41 | €38 | -€3 | -8.1% |
| Profit (loss) for the period before taxes | 9903 | -€3,844 | €3,183 | +€7,026 | |
| Profit (loss) for the period | 9904 | -€3,844 | €3,183 | +€7,026 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,844 | €3,183 | +€7,026 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.