HEYRICK: 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.
HEYRICK
Largest movements
- Receivables within one year +€37,248
up €37,248 (+32.3%), from €115,179 to €152,426
of which Trade receivables: +€39,666
- Cash +€32,163
up €32,163 (+33.2%), from €96,816 to €128,979
mainly Net result for the year (+€83,605) and Depreciation (+€77,689)
- Stocks and contracts +€23,679
up €23,679 (+108.9%), from €21,750 to €45,429
- Tangible fixed assets -€12,054
down €12,054 (-6.0%), from €201,318 to €189,264
of which Plant, machinery and equipment: -€18,409
- Reserves +€83,531
up €83,531 (+86.7%), from €96,317 to €179,848
- Tax, wage and social debts +€19,709
up €19,709 (+87.0%), from €22,656 to €42,365
of which Taxes: +€15,850
- Current portion of long-term debt +€13,861
up €13,861 (+25.2%), from €54,995 to €68,856
- Trade debts -€13,084
down €13,084 (-24.0%), from €54,435 to €41,352
- Debts after one year -€12,003
down €12,003 (-6.2%), from €192,376 to €180,373
- Gross operating margin +€62,400
up €62,400 (+35.0%), from €178,171 to €240,571
- Staff costs +€24,133
new in 2025: €24,133
- Taxes +€11,477
up €11,477 (+42.8%), from €26,847 to €38,324
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 | €470,782 | €549,615 | +€78,832 | +16.7% |
| Fixed assets | 21/28 | €236,321 | €220,267 | -€16,054 | -6.8% |
| Intangible fixed assets | 21 | €35,003 | €31,003 | -€4,000 | -11.4% |
| Tangible fixed assets | 22/27 | €201,318 | €189,264 | -€12,054 | -6.0% |
| Plant, machinery and equipment | 23 | €32,834 | €14,425 | -€18,409 | -56.1% |
| Furniture and vehicles | 24 | €168,484 | €174,839 | +€6,355 | +3.8% |
| Current assets | 29/58 | €234,462 | €329,348 | +€94,887 | +40.5% |
| Stocks and contracts in progress | 3 | €21,750 | €45,429 | +€23,679 | +108.9% |
| Stocks | 30/36 | €21,750 | €45,429 | +€23,679 | +108.9% |
| Amounts receivable within one year | 40/41 | €115,179 | €152,426 | +€37,248 | +32.3% |
| Trade receivables | 40 | €110,666 | €150,332 | +€39,666 | +35.8% |
| Other amounts receivable | 41 | €4,513 | €2,094 | -€2,419 | -53.6% |
| Cash at bank and in hand | 54/58 | €96,816 | €128,979 | +€32,163 | +33.2% |
| Deferred charges and accrued income | 490/1 | €717 | €2,514 | +€1,797 | +250.7% |
| Total equity and liabilities | 10/49 | €470,782 | €549,615 | +€78,832 | +16.7% |
| Equity | 10/15 | €97,348 | €180,953 | +€83,605 | +85.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €96,317 | €179,848 | +€83,531 | +86.7% |
| Distributable reserves | 133 | €96,317 | €179,848 | +€83,531 | +86.7% |
| Profit (loss) carried forward | 14 | €31 | €105 | +€74 | +239.4% |
| Amounts payable | 17/49 | €373,434 | €368,662 | -€4,772 | -1.3% |
| Amounts payable after more than one year | 17 | €192,376 | €180,373 | -€12,003 | -6.2% |
| Financial debts | 170/4 | €192,376 | €180,373 | -€12,003 | -6.2% |
| Amounts payable within one year | 42/48 | €181,059 | €188,147 | +€7,088 | +3.9% |
| Current portion of amounts payable after more than one year | 42 | €54,995 | €68,856 | +€13,861 | +25.2% |
| Financial debts | 43 | €7,000 | €0 | -€7,000 | -100.0% |
| Credit institutions | 430/8 | €7,000 | €0 | -€7,000 | -100.0% |
| Trade debts | 44 | €54,435 | €41,352 | -€13,084 | -24.0% |
| Suppliers | 440/4 | €54,435 | €41,352 | -€13,084 | -24.0% |
| Advances received on contracts in progress | 46 | - | €78 | +€78 | |
| Taxes, remuneration and social security | 45 | €22,656 | €42,365 | +€19,709 | +87.0% |
| Taxes | 450/3 | €18,615 | €34,466 | +€15,850 | +85.1% |
| Remuneration and social security | 454/9 | €4,040 | €7,899 | +€3,859 | +95.5% |
| Other amounts payable | 47/48 | €41,973 | €35,496 | -€6,476 | -15.4% |
| Accrued charges and deferred income | 492/3 | - | €142 | +€142 | |
| Remuneration, social security and pensions | 62 | - | €24,133 | +€24,133 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,428 | €77,689 | +€1,261 | +1.7% |
| Other operating charges | 640/8 | €3,478 | €3,992 | +€514 | +14.8% |
| Gross operating margin | 9900 | €178,171 | €240,571 | +€62,400 | +35.0% |
| Operating profit (loss) | 9901 | €98,266 | €134,757 | +€36,491 | +37.1% |
| Financial income | 75/76B | €29 | €102 | +€73 | +251.5% |
| Recurring financial income | 75 | €29 | €102 | +€73 | +251.5% |
| Financial charges | 65/66B | €12,917 | €12,930 | +€13 | +0.1% |
| Recurring financial charges | 65 | €12,917 | €12,930 | +€13 | +0.1% |
| Profit (loss) for the period before taxes | 9903 | €85,378 | €121,929 | +€36,551 | +42.8% |
| Income taxes | 67/77 | €26,847 | €38,324 | +€11,477 | +42.8% |
| Profit (loss) for the period | 9904 | €58,531 | €83,605 | +€25,074 | +42.8% |
| Profit (loss) for the period to be appropriated | 9905 | €58,531 | €83,605 | +€25,074 | +42.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.