HEYSELBIMMO: 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.
HEYSELBIMMO
Largest movements
- Tangible fixed assets -€43,567
down €43,567 (-4.0%), from €1.1m to €1.0m
of which Land and buildings: -€39,329
- Profit (loss) carried forward +€153,249
up €153,249, from -€48,238 to €105,011
- Reserves -€138,096
down €138,096 (-23.3%), from €591,873 to €453,777
of which Tax-exempt reserves: -€138,096
- Provisions -€48,846
down €48,846 (-22.2%), from €219,598 to €170,751
- Debts after one year -€31,524
down €31,524 (-16.4%), from €192,063 to €160,539
- Other debts +€17,209
up €17,209 (+19.2%), from €89,711 to €106,920
- Gross operating margin +€25,127
up €25,127 (+271.1%), from €9,269 to €34,396
- Taxes +€5,657
up €5,657 (+1746.5%), from €324 to €5,980
- Financial charges +€5,567
up €5,567 (+94.4%), from €5,898 to €11,466
- Depreciation -€1,451
down €1,451 (-3.1%), from €46,317 to €44,866
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 | €1,104,932 | €1,058,103 | -€46,829 | -4.2% |
| Fixed assets | 21/28 | €1,089,594 | €1,046,027 | -€43,567 | -4.0% |
| Tangible fixed assets | 22/27 | €1,089,594 | €1,046,027 | -€43,567 | -4.0% |
| Land and buildings | 22 | €1,076,179 | €1,036,850 | -€39,329 | -3.7% |
| Plant, machinery and equipment | 23 | €4,793 | €5,680 | +€886 | +18.5% |
| Furniture and vehicles | 24 | €8,621 | €3,498 | -€5,124 | -59.4% |
| Current assets | 29/58 | €15,338 | €12,076 | -€3,262 | -21.3% |
| Amounts receivable within one year | 40/41 | €15 | €15 | = | 0.0% |
| Other amounts receivable | 41 | €15 | €15 | = | 0.0% |
| Current investments | 50/53 | €424 | €424 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €12,628 | €9,080 | -€3,548 | -28.1% |
| Deferred charges and accrued income | 490/1 | €2,271 | €2,557 | +€286 | +12.6% |
| Total equity and liabilities | 10/49 | €1,104,932 | €1,058,103 | -€46,829 | -4.2% |
| Equity | 10/15 | €562,235 | €577,388 | +€15,152 | +2.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €591,873 | €453,777 | -€138,096 | -23.3% |
| Tax-exempt reserves | 132 | €490,013 | €351,917 | -€138,096 | -28.2% |
| Distributable reserves | 133 | €101,860 | €101,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€48,238 | €105,011 | +€153,249 | |
| Provisions and deferred taxes | 16 | €219,598 | €170,751 | -€48,846 | -22.2% |
| Deferred taxes | 168 | €219,598 | €170,751 | -€48,846 | -22.2% |
| Amounts payable | 17/49 | €323,099 | €309,964 | -€13,135 | -4.1% |
| Amounts payable after more than one year | 17 | €192,063 | €160,539 | -€31,524 | -16.4% |
| Financial debts | 170/4 | €192,063 | €160,539 | -€31,524 | -16.4% |
| Amounts payable within one year | 42/48 | €129,446 | €148,475 | +€19,029 | +14.7% |
| Current portion of amounts payable after more than one year | 42 | €36,961 | €31,524 | -€5,437 | -14.7% |
| Financial debts | 43 | €130 | - | -€130 | |
| Other loans | 439 | €130 | - | -€130 | |
| Trade debts | 44 | €1,987 | €1,823 | -€164 | -8.3% |
| Suppliers | 440/4 | €1,987 | €1,823 | -€164 | -8.3% |
| Taxes, remuneration and social security | 45 | €657 | €8,208 | +€7,551 | +1149.2% |
| Taxes | 450/3 | €657 | €8,208 | +€7,551 | +1149.2% |
| Other amounts payable | 47/48 | €89,711 | €106,920 | +€17,209 | +19.2% |
| Accrued charges and deferred income | 492/3 | €1,590 | €950 | -€640 | -40.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,317 | €44,866 | -€1,451 | -3.1% |
| Other operating charges | 640/8 | €5,707 | €5,885 | +€178 | +3.1% |
| Gross operating margin | 9900 | €9,269 | €34,396 | +€25,127 | +271.1% |
| Operating profit (loss) | 9901 | -€42,755 | -€16,354 | +€26,400 | +61.7% |
| Financial income | 75/76B | €57 | €106 | +€49 | +87.2% |
| Recurring financial income | 75 | €57 | €106 | +€49 | +87.2% |
| Financial charges | 65/66B | €5,898 | €11,466 | +€5,567 | +94.4% |
| Recurring financial charges | 65 | €5,898 | €11,466 | +€5,567 | +94.4% |
| Profit (loss) for the period before taxes | 9903 | -€48,596 | -€27,714 | +€20,882 | +43.0% |
| Transfer from deferred taxes | 780 | €8,685 | €48,846 | +€40,161 | +462.4% |
| Income taxes | 67/77 | €324 | €5,980 | +€5,657 | +1746.5% |
| Profit (loss) for the period | 9904 | -€40,235 | €15,152 | +€55,387 | |
| Transfer from tax-exempt reserves | 789 | €17,612 | €138,096 | +€120,484 | +684.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€22,622 | €153,249 | +€175,871 |
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 9 October 2026 via checked.be.