HEYO: 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.
HEYO
Largest movements
- Tangible fixed assets -€18,550
down €18,550 (-16.0%), from €115,860 to €97,310
of which Land and buildings: -€18,892
- Debts after one year -€14,317
no longer reported in 2025 (was €14,317)
of which Financial debts: -€14,317
- Other debts -€2,073
down €2,073 (-1.3%), from €164,164 to €162,091
- Gross operating margin +€2,069
up €2,069 (+9.4%), from €22,047 to €24,116
- Depreciation +€311
up €311 (+1.6%), from €19,363 to €19,674
- Financial charges -€302
down €302 (-33.1%), from €912 to €610
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 | €124,636 | €107,209 | -€17,427 | -14.0% |
| Fixed assets | 21/28 | €115,910 | €97,360 | -€18,550 | -16.0% |
| Tangible fixed assets | 22/27 | €115,860 | €97,310 | -€18,550 | -16.0% |
| Land and buildings | 22 | €113,296 | €94,404 | -€18,892 | -16.7% |
| Plant, machinery and equipment | 23 | €2,564 | €2,906 | +€342 | +13.4% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €8,726 | €9,849 | +€1,123 | +12.9% |
| Cash at bank and in hand | 54/58 | €8,726 | €9,849 | +€1,123 | +12.9% |
| Total equity and liabilities | 10/49 | €124,636 | €107,209 | -€17,427 | -14.0% |
| Equity | 10/15 | -€68,797 | -€69,497 | -€700 | -1.0% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €173,525 | €173,525 | = | 0.0% |
| Non-distributable reserves | 130/1 | €502 | €502 | = | 0.0% |
| Legal reserve | 130 | €502 | €502 | = | 0.0% |
| Distributable reserves | 133 | €173,023 | €173,023 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€303,822 | -€304,523 | -€700 | -0.2% |
| Amounts payable | 17/49 | €193,433 | €176,706 | -€16,727 | -8.6% |
| Amounts payable after more than one year | 17 | €14,317 | - | -€14,317 | |
| Financial debts | 170/4 | €14,317 | - | -€14,317 | |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €178,543 | €176,706 | -€1,837 | -1.0% |
| Current portion of amounts payable after more than one year | 42 | €14,007 | €14,317 | +€310 | +2.2% |
| Trade debts | 44 | €372 | €298 | -€74 | -19.9% |
| Suppliers | 440/4 | €372 | €298 | -€74 | -19.9% |
| Other amounts payable | 47/48 | €164,164 | €162,091 | -€2,073 | -1.3% |
| Accrued charges and deferred income | 492/3 | €573 | - | -€573 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,363 | €19,674 | +€311 | +1.6% |
| Other operating charges | 640/8 | €4,426 | €4,573 | +€147 | +3.3% |
| Gross operating margin | 9900 | €22,047 | €24,116 | +€2,069 | +9.4% |
| Operating profit (loss) | 9901 | -€1,742 | -€131 | +€1,611 | +92.5% |
| Financial income | 75/76B | - | €42 | +€42 | |
| Recurring financial income | 75 | - | €42 | +€42 | |
| Financial charges | 65/66B | €912 | €610 | -€302 | -33.1% |
| Recurring financial charges | 65 | €912 | €610 | -€302 | -33.1% |
| Profit (loss) for the period before taxes | 9903 | -€2,654 | -€700 | +€1,954 | +73.6% |
| Profit (loss) for the period | 9904 | -€2,654 | -€700 | +€1,954 | +73.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,654 | -€700 | +€1,954 | +73.6% |
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 28 September 2026 via checked.be.