HEYNS: what changed
Two fiscal 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.
HEYNS
Largest movements
- Receivables within one year -€114,513
down €114,513 (-13.5%), from €845,631 to €731,118
of which Trade receivables: -€115,355
- Stocks and contracts -€33,222
down €33,222 (-29.9%), from €111,249 to €78,027
- Tangible fixed assets -€16,388
down €16,388 (-71.3%), from €22,997 to €6,609
of which Furniture and vehicles: -€10,820
- Trade debts -€94,948
down €94,948 (-64.0%), from €148,390 to €53,441
- Tax, wage and social debts -€81,640
down €81,640 (-55.0%), from €148,330 to €66,690
of which Taxes: -€79,637
- Profit (loss) carried forward +€14,321
up €14,321 (+10.9%), from €131,895 to €146,215
- Gross operating margin -€178,919
down €178,919 (-25.1%), from €712,430 to €533,510
- Staff costs -€88,257
down €88,257 (-14.5%), from €607,584 to €519,327
- Taxes -€19,300
down €19,300 (-56.9%), from €33,910 to €14,610
- Financial income +€13,352
up €13,352 (+38.6%), from €34,548 to €47,900
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 | €996,642 | €827,711 | -€168,932 | -17.0% |
| Fixed assets | 21/28 | €22,997 | €6,609 | -€16,388 | -71.3% |
| Tangible fixed assets | 22/27 | €22,997 | €6,609 | -€16,388 | -71.3% |
| Plant, machinery and equipment | 23 | €8,628 | €3,059 | -€5,569 | -64.5% |
| Furniture and vehicles | 24 | €14,369 | €3,549 | -€10,820 | -75.3% |
| Current assets | 29/58 | €973,646 | €821,102 | -€152,543 | -15.7% |
| Stocks and contracts in progress | 3 | €111,249 | €78,027 | -€33,222 | -29.9% |
| Stocks | 30/36 | €111,249 | €78,027 | -€33,222 | -29.9% |
| Amounts receivable within one year | 40/41 | €845,631 | €731,118 | -€114,513 | -13.5% |
| Trade receivables | 40 | €209,141 | €93,786 | -€115,355 | -55.2% |
| Other amounts receivable | 41 | €636,490 | €637,332 | +€842 | +0.1% |
| Cash at bank and in hand | 54/58 | €1,674 | €1,305 | -€369 | -22.0% |
| Deferred charges and accrued income | 490/1 | €15,092 | €10,652 | -€4,440 | -29.4% |
| Total equity and liabilities | 10/49 | €996,642 | €827,711 | -€168,932 | -17.0% |
| Equity | 10/15 | €677,854 | €700,175 | +€22,321 | +3.3% |
| Contributions | 10/11 | €134,400 | €134,400 | = | 0.0% |
| Reserves | 13 | €411,560 | €419,560 | +€8,000 | +1.9% |
| Tax-exempt reserves | 132 | €60,807 | €60,807 | = | 0.0% |
| Distributable reserves | 133 | €350,753 | €358,753 | +€8,000 | +2.3% |
| Profit (loss) carried forward | 14 | €131,895 | €146,215 | +€14,321 | +10.9% |
| Amounts payable | 17/49 | €318,788 | €127,535 | -€191,253 | -60.0% |
| Amounts payable after more than one year | 17 | €7,404 | €0 | -€7,404 | -100.0% |
| Financial debts | 170/4 | €7,404 | €0 | -€7,404 | -100.0% |
| Amounts payable within one year | 42/48 | €311,384 | €127,535 | -€183,849 | -59.0% |
| Current portion of amounts payable after more than one year | 42 | €14,665 | €7,404 | -€7,261 | -49.5% |
| Trade debts | 44 | €148,390 | €53,441 | -€94,948 | -64.0% |
| Suppliers | 440/4 | €148,390 | €53,441 | -€94,948 | -64.0% |
| Taxes, remuneration and social security | 45 | €148,330 | €66,690 | -€81,640 | -55.0% |
| Taxes | 450/3 | €95,176 | €15,539 | -€79,637 | -83.7% |
| Remuneration and social security | 454/9 | €53,153 | €51,151 | -€2,002 | -3.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €607,584 | €519,327 | -€88,257 | -14.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,938 | €16,388 | -€1,550 | -8.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €4,866 | +€4,866 | |
| Other operating charges | 640/8 | €11,692 | €7,095 | -€4,597 | -39.3% |
| Gross operating margin | 9900 | €712,430 | €533,510 | -€178,919 | -25.1% |
| Operating profit (loss) | 9901 | €75,216 | -€14,165 | -€89,381 | |
| Financial income | 75/76B | €34,548 | €47,900 | +€13,352 | +38.6% |
| Recurring financial income | 75 | €34,548 | €47,900 | +€13,352 | +38.6% |
| Financial charges | 65/66B | €2,730 | -€3,196 | -€5,926 | |
| Recurring financial charges | 65 | €2,730 | -€3,196 | -€5,926 | |
| Profit (loss) for the period before taxes | 9903 | €107,034 | €36,931 | -€70,103 | -65.5% |
| Income taxes | 67/77 | €33,910 | €14,610 | -€19,300 | -56.9% |
| Profit (loss) for the period | 9904 | €73,124 | €22,321 | -€50,803 | -69.5% |
| Profit (loss) for the period to be appropriated | 9905 | €73,124 | €22,321 | -€50,803 | -69.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.