HEYNS: 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.
HEYNS
Largest movements
- Receivables within one year +€167,691
up €167,691 (+26.6%), from €629,263 to €796,954
of which Trade receivables: +€123,067
- Stocks and contracts -€64,800
down €64,800 (-41.5%), from €156,100 to €91,300
of which Contracts in progress: -€68,000
- Tangible fixed assets -€42,059
down €42,059 (-1.4%), from €2.9m to €2.9m
of which Furniture and vehicles: -€371,218
- Reserves +€113,858
up €113,858 (+44.1%), from €257,949 to €371,807
of which Distributable reserves: +€113,858
- Trade debts -€57,066
down €57,066 (-10.7%), from €532,065 to €474,999
- Other debts -€41,040
down €41,040 (-9.2%), from €448,257 to €407,218
- Gross operating margin +€342,751
up €342,751 (+29.3%), from €1.2m to €1.5m
- Depreciation +€211,067
up €211,067 (+34.1%), from €619,824 to €830,891
- Financial charges +€68,652
up €68,652 (+79.4%), from €86,518 to €155,170
- Other operating charges -€20,912
down €20,912 (-55.3%), from €37,801 to €16,890
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,742,710 | €3,809,453 | +€66,743 | +1.8% |
| Fixed assets | 21/28 | €2,918,832 | €2,876,774 | -€42,059 | -1.4% |
| Tangible fixed assets | 22/27 | €2,908,782 | €2,866,724 | -€42,059 | -1.4% |
| Land and buildings | 22 | €517,579 | €482,158 | -€35,421 | -6.8% |
| Plant, machinery and equipment | 23 | €508,117 | €481,983 | -€26,134 | -5.1% |
| Furniture and vehicles | 24 | €765,329 | €394,111 | -€371,218 | -48.5% |
| Leasing and similar rights | 25 | €1,117,757 | €1,508,472 | +€390,715 | +35.0% |
| Financial fixed assets | 28 | €10,050 | €10,050 | = | 0.0% |
| Current assets | 29/58 | €823,877 | €932,679 | +€108,802 | +13.2% |
| Stocks and contracts in progress | 3 | €156,100 | €91,300 | -€64,800 | -41.5% |
| Stocks | 30/36 | €67,100 | €70,300 | +€3,200 | +4.8% |
| Contracts in progress | 37 | €89,000 | €21,000 | -€68,000 | -76.4% |
| Amounts receivable within one year | 40/41 | €629,263 | €796,954 | +€167,691 | +26.6% |
| Trade receivables | 40 | €407,688 | €530,756 | +€123,067 | +30.2% |
| Other amounts receivable | 41 | €221,575 | €266,198 | +€44,624 | +20.1% |
| Cash at bank and in hand | 54/58 | €30,028 | €27,827 | -€2,201 | -7.3% |
| Deferred charges and accrued income | 490/1 | €8,486 | €16,598 | +€8,112 | +95.6% |
| Total equity and liabilities | 10/49 | €3,742,710 | €3,809,453 | +€66,743 | +1.8% |
| Equity | 10/15 | €276,499 | €390,357 | +€113,858 | +41.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €257,949 | €371,807 | +€113,858 | +44.1% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €256,094 | €369,952 | +€113,858 | +44.5% |
| Amounts payable | 17/49 | €3,466,210 | €3,419,096 | -€47,114 | -1.4% |
| Amounts payable after more than one year | 17 | €1,652,267 | €1,666,665 | +€14,398 | +0.9% |
| Financial debts | 170/4 | €1,652,267 | €1,666,665 | +€14,398 | +0.9% |
| Amounts payable within one year | 42/48 | €1,813,943 | €1,752,431 | -€61,512 | -3.4% |
| Current portion of amounts payable after more than one year | 42 | €514,962 | €531,832 | +€16,869 | +3.3% |
| Financial debts | 43 | €263,000 | €298,516 | +€35,516 | +13.5% |
| Credit institutions | 430/8 | €263,000 | €298,516 | +€35,516 | +13.5% |
| Trade debts | 44 | €532,065 | €474,999 | -€57,066 | -10.7% |
| Suppliers | 440/4 | €532,065 | €474,999 | -€57,066 | -10.7% |
| Taxes, remuneration and social security | 45 | €55,659 | €39,867 | -€15,792 | -28.4% |
| Taxes | 450/3 | €6,708 | €5,864 | -€845 | -12.6% |
| Remuneration and social security | 454/9 | €48,950 | €34,003 | -€14,947 | -30.5% |
| Other amounts payable | 47/48 | €448,257 | €407,218 | -€41,040 | -9.2% |
| Non-recurring operating income | 76A | €160,675 | €573,473 | +€412,797 | +256.9% |
| Remuneration, social security and pensions | 62 | €375,716 | €383,036 | +€7,320 | +1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €619,824 | €830,891 | +€211,067 | +34.1% |
| Other operating charges | 640/8 | €37,801 | €16,890 | -€20,912 | -55.3% |
| Non-recurring operating charges | 66A | €1,701 | €2,090 | +€389 | +22.8% |
| Gross operating margin | 9900 | €1,170,547 | €1,513,299 | +€342,751 | +29.3% |
| Operating profit (loss) | 9901 | €135,505 | €280,392 | +€144,887 | +106.9% |
| Financial income | 75/76B | €56 | €41 | -€16 | -27.7% |
| Recurring financial income | 75 | €56 | €41 | -€16 | -27.7% |
| Financial charges | 65/66B | €86,518 | €155,170 | +€68,652 | +79.4% |
| Recurring financial charges | 65 | €86,518 | €155,170 | +€68,652 | +79.4% |
| Profit (loss) for the period before taxes | 9903 | €49,043 | €125,263 | +€76,220 | +155.4% |
| Income taxes | 67/77 | €4,458 | €11,405 | +€6,947 | +155.8% |
| Profit (loss) for the period | 9904 | €44,585 | €113,858 | +€69,273 | +155.4% |
| Profit (loss) for the period to be appropriated | 9905 | €44,585 | €113,858 | +€69,273 | +155.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.