HEYPARC: 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.
HEYPARC
Largest movements
- Tangible fixed assets -€52,535
down €52,535 (-28.5%), from €184,640 to €132,105
of which Other tangible fixed assets: -€35,241
- Cash -€40,579
down €40,579 (-40.2%), from €101,051 to €60,472
mainly Current portion of long-term debt (-€69,016) and Net result for the year (-€35,752)
- Receivables within one year +€19,301
up €19,301 (+50.5%), from €38,187 to €57,488
of which Trade receivables: +€17,516
- Intangible fixed assets -€16,800
down €16,800 (-20.0%), from €84,000 to €67,200
- Current portion of long-term debt -€69,016
down €69,016 (-20.4%), from €337,792 to €268,776
- Profit (loss) carried forward -€35,752
down €35,752 (-38.9%), from -€91,973 to -€127,725
- Other debts +€26,222
up €26,222 (+139%), from €18,837 to €45,060
- Debts after one year -€12,359
down €12,359 (-100%), from €12,359 to €0
- Trade debts +€6,973
up €6,973 (+6.9%), from €100,448 to €107,421
- Depreciation -€21,635
down €21,635 (-23.2%), from €93,173 to €71,538
- Staff costs -€9,856
down €9,856 (-1.7%), from €588,078 to €578,222
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.
Derived cash bridge
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 | €633,603 | €542,675 | -€90,927 | -14.4% |
| Fixed assets | 21/28 | €268,640 | €199,530 | -€69,110 | -25.7% |
| Intangible fixed assets | 21 | €84,000 | €67,200 | -€16,800 | -20.0% |
| Tangible fixed assets | 22/27 | €184,640 | €132,105 | -€52,535 | -28.5% |
| Plant, machinery and equipment | 23 | €17,530 | €9,302 | -€8,228 | -46.9% |
| Furniture and vehicles | 24 | €11,982 | €2,916 | -€9,066 | -75.7% |
| Other tangible fixed assets | 26 | €155,128 | €119,887 | -€35,241 | -22.7% |
| Financial fixed assets | 28 | - | €225 | +€225 | |
| Current assets | 29/58 | €364,963 | €343,146 | -€21,817 | -6.0% |
| Amounts receivable after more than one year | 29 | €164,200 | €164,200 | = | 0.0% |
| Other amounts receivable | 291 | €164,200 | €164,200 | = | 0.0% |
| Stocks and contracts in progress | 3 | €24,662 | €21,994 | -€2,668 | -10.8% |
| Stocks | 30/36 | €24,662 | €21,994 | -€2,668 | -10.8% |
| Amounts receivable within one year | 40/41 | €38,187 | €57,488 | +€19,301 | +50.5% |
| Trade receivables | 40 | €21,289 | €38,805 | +€17,516 | +82.3% |
| Other amounts receivable | 41 | €16,898 | €18,683 | +€1,785 | +10.6% |
| Cash at bank and in hand | 54/58 | €101,051 | €60,472 | -€40,579 | -40.2% |
| Deferred charges and accrued income | 490/1 | €36,863 | €38,992 | +€2,129 | +5.8% |
| Total equity and liabilities | 10/49 | €633,603 | €542,675 | -€90,927 | -14.4% |
| Equity | 10/15 | €92,687 | €56,935 | -€35,752 | -38.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €166,060 | €166,060 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | €164,200 | €166,060 | +€1,860 | +1.1% |
| Profit (loss) carried forward | 14 | -€91,973 | -€127,725 | -€35,752 | -38.9% |
| Amounts payable | 17/49 | €540,915 | €485,740 | -€55,175 | -10.2% |
| Amounts payable after more than one year | 17 | €12,359 | €0 | -€12,359 | -100% |
| Financial debts | 170/4 | €12,359 | €0 | -€12,359 | -100% |
| Amounts payable within one year | 42/48 | €528,347 | €485,685 | -€42,662 | -8.1% |
| Current portion of amounts payable after more than one year | 42 | €337,792 | €268,776 | -€69,016 | -20.4% |
| Financial debts | 43 | €38 | €41 | +€3 | +7.9% |
| Credit institutions | 430/8 | €38 | €41 | +€3 | +7.9% |
| Trade debts | 44 | €100,448 | €107,421 | +€6,973 | +6.9% |
| Suppliers | 440/4 | €100,448 | €107,421 | +€6,973 | +6.9% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €71,232 | €64,387 | -€6,845 | -9.6% |
| Taxes | 450/3 | €11,012 | €9,879 | -€1,133 | -10.3% |
| Remuneration and social security | 454/9 | €60,220 | €54,508 | -€5,712 | -9.5% |
| Other amounts payable | 47/48 | €18,837 | €45,060 | +€26,222 | +139% |
| Accrued charges and deferred income | 492/3 | €210 | €55 | -€154 | -73.6% |
| Remuneration, social security and pensions | 62 | €588,078 | €578,222 | -€9,856 | -1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €93,173 | €71,538 | -€21,635 | -23.2% |
| Other operating charges | 640/8 | €2,567 | €1,484 | -€1,082 | -42.2% |
| Gross operating margin | 9900 | €626,094 | €631,394 | +€5,300 | +0.8% |
| Operating profit (loss) | 9901 | -€57,723 | -€19,849 | +€37,874 | +65.6% |
| Financial income | 75/76B | €3,678 | €8,131 | +€4,453 | +121% |
| Recurring financial income | 75 | €3,678 | €8,131 | +€4,453 | +121% |
| Financial charges | 65/66B | €22,857 | €24,033 | +€1,176 | +5.1% |
| Recurring financial charges | 65 | €22,857 | €24,033 | +€1,176 | +5.1% |
| Profit (loss) for the period before taxes | 9903 | -€76,903 | -€35,752 | +€41,151 | +53.5% |
| Profit (loss) for the period | 9904 | -€76,903 | -€35,752 | +€41,151 | +53.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€76,903 | -€35,752 | +€41,151 | +53.5% |
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 13 October 2026 via checked.be.