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
- Current investments +€1.5m
new in 2025: €1.5m
- Cash -€1.4m
down €1.4m (-61.3%), from €2.3m to €871,296
mainly Current investments (-€1.5m) and Accrued charges and deferred income (-€225,247)
- Deferred charges and accrued income +€84,272
up €84,272 (+13.5%), from €623,521 to €707,793
- Receivables within one year -€52,930
down €52,930 (-42.2%), from €125,487 to €72,556
- Profit (loss) carried forward +€361,997
up €361,997 (+63.0%), from €574,538 to €936,536
- Accrued charges and deferred income -€225,247
down €225,247 (-11.5%), from €2.0m to €1.7m
- Trade debts +€84,529
up €84,529 (+34.1%), from €248,102 to €332,631
- Tax, wage and social debts -€84,454
down €84,454 (-28.6%), from €295,753 to €211,299
of which Remuneration and social security: -€61,665
- Gross operating margin +€354,291
up €354,291 (+15.6%), from €2.3m to €2.6m
- Staff costs +€81,304
up €81,304 (+3.8%), from €2.1m to €2.2m
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 | €3,108,939 | €3,245,765 | +€136,826 | +4.4% |
| Fixed assets | 21/28 | €107,027 | €94,119 | -€12,908 | -12.1% |
| Tangible fixed assets | 22/27 | €103,652 | €89,444 | -€14,208 | -13.7% |
| Plant, machinery and equipment | 23 | €61,997 | €61,448 | -€549 | -0.9% |
| Furniture and vehicles | 24 | €41,655 | €27,996 | -€13,659 | -32.8% |
| Financial fixed assets | 28 | €3,375 | €4,675 | +€1,300 | +38.5% |
| Current assets | 29/58 | €3,001,912 | €3,151,646 | +€149,734 | +5.0% |
| Amounts receivable within one year | 40/41 | €125,487 | €72,556 | -€52,930 | -42.2% |
| Other amounts receivable | 41 | €125,487 | €72,556 | -€52,930 | -42.2% |
| Current investments | 50/53 | - | €1,500,000 | +€1.5m | |
| Cash at bank and in hand | 54/58 | €2,252,905 | €871,296 | -€1.4m | -61.3% |
| Deferred charges and accrued income | 490/1 | €623,521 | €707,793 | +€84,272 | +13.5% |
| Total equity and liabilities | 10/49 | €3,108,939 | €3,245,765 | +€136,826 | +4.4% |
| Equity | 10/15 | €604,912 | €966,909 | +€361,997 | +59.8% |
| Contributions | 10/11 | €30,373 | €30,373 | = | 0.0% |
| Capital | 10 | €30,373 | €30,373 | = | 0.0% |
| Profit (loss) carried forward | 14 | €574,538 | €936,536 | +€361,997 | +63.0% |
| Amounts payable | 17/49 | €2,504,028 | €2,278,856 | -€225,172 | -9.0% |
| Amounts payable within one year | 42/48 | €543,854 | €543,929 | +€75 | 0.0% |
| Trade debts | 44 | €248,102 | €332,631 | +€84,529 | +34.1% |
| Suppliers | 440/4 | €248,102 | €332,631 | +€84,529 | +34.1% |
| Taxes, remuneration and social security | 45 | €295,753 | €211,299 | -€84,454 | -28.6% |
| Taxes | 450/3 | €22,789 | - | -€22,789 | |
| Remuneration and social security | 454/9 | €272,964 | €211,299 | -€61,665 | -22.6% |
| Accrued charges and deferred income | 492/3 | €1,960,173 | €1,734,927 | -€225,247 | -11.5% |
| Remuneration, social security and pensions | 62 | €2,117,345 | €2,198,648 | +€81,304 | +3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,952 | €32,903 | -€49 | -0.1% |
| Other operating charges | 640/8 | €31,920 | €53,578 | +€21,658 | +67.8% |
| Gross operating margin | 9900 | €2,266,068 | €2,620,360 | +€354,291 | +15.6% |
| Operating profit (loss) | 9901 | €83,851 | €335,231 | +€251,379 | +299.8% |
| Financial income | 75/76B | €44,956 | €34,743 | -€10,213 | -22.7% |
| Recurring financial income | 75 | €44,956 | €34,743 | -€10,213 | -22.7% |
| Financial charges | 65/66B | €7,911 | €7,977 | +€66 | +0.8% |
| Recurring financial charges | 65 | €7,911 | €7,977 | +€66 | +0.8% |
| Profit (loss) for the period before taxes | 9903 | €120,897 | €361,997 | +€241,101 | +199.4% |
| Profit (loss) for the period | 9904 | €120,897 | €361,997 | +€241,101 | +199.4% |
| Profit (loss) for the period to be appropriated | 9905 | €120,897 | €361,997 | +€241,101 | +199.4% |
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 5 October 2026 via checked.be.