Heysen: 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.
Heysen
Largest movements
- Cash -€3,970
down €3,970 (-80.4%), from €4,936 to €966
mainly Net result for the year (-€13,279) and Debts after one year (-€6,758)
- Receivables within one year -€2,203
down €2,203 (-89.8%), from €2,455 to €252
- Deferred charges and accrued income -€183
down €183 (-41.0%), from €446 to €263
- Profit (loss) carried forward -€13,279
down €13,279 (-21.7%), from -€61,264 to -€74,543
- Debts after one year -€6,758
down €6,758 (-67.2%), from €10,064 to €3,306
- Other debts +€6,282
up €6,282 (+24.0%), from €26,133 to €32,415
- Current portion of long-term debt +€5,624
up €5,624 (+84.4%), from €6,664 to €12,288
- Trade debts +€2,044
up €2,044 (+98.3%), from €2,078 to €4,122
- Gross operating margin +€20,935
up €20,935 (+63.8%), from -€32,827 to -€11,892
- Depreciation -€10,350
no longer reported in 2025 (was €10,350)
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.
Derived cash bridge
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 | €7,837 | €1,480 | -€6,357 | -81.1% |
| Current assets | 29/58 | €7,837 | €1,480 | -€6,357 | -81.1% |
| Amounts receivable within one year | 40/41 | €2,455 | €252 | -€2,203 | -89.8% |
| Other amounts receivable | 41 | €2,455 | €252 | -€2,203 | -89.8% |
| Cash at bank and in hand | 54/58 | €4,936 | €966 | -€3,970 | -80.4% |
| Deferred charges and accrued income | 490/1 | €446 | €263 | -€183 | -41.0% |
| Total equity and liabilities | 10/49 | €7,837 | €1,480 | -€6,357 | -81.1% |
| Equity | 10/15 | -€37,612 | -€50,891 | -€13,279 | -35.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €11,252 | €11,252 | = | 0.0% |
| Distributable reserves | 133 | €11,252 | €11,252 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€61,264 | -€74,543 | -€13,279 | -21.7% |
| Amounts payable | 17/49 | €45,449 | €52,371 | +€6,923 | +15.2% |
| Amounts payable after more than one year | 17 | €10,064 | €3,306 | -€6,758 | -67.2% |
| Financial debts | 170/4 | €10,064 | €3,306 | -€6,758 | -67.2% |
| Amounts payable within one year | 42/48 | €35,385 | €49,066 | +€13,681 | +38.7% |
| Current portion of amounts payable after more than one year | 42 | €6,664 | €12,288 | +€5,624 | +84.4% |
| Trade debts | 44 | €2,078 | €4,122 | +€2,044 | +98.3% |
| Suppliers | 440/4 | €2,078 | €4,122 | +€2,044 | +98.3% |
| Taxes, remuneration and social security | 45 | €509 | €240 | -€269 | -52.8% |
| Taxes | 450/3 | €509 | €240 | -€269 | -52.8% |
| Other amounts payable | 47/48 | €26,133 | €32,415 | +€6,282 | +24.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,350 | - | -€10,350 | |
| Other operating charges | 640/8 | €1,313 | €1,049 | -€264 | -20.1% |
| Gross operating margin | 9900 | -€32,827 | -€11,892 | +€20,935 | +63.8% |
| Operating profit (loss) | 9901 | -€44,490 | -€12,941 | +€31,549 | +70.9% |
| Financial income | 75/76B | €109 | €0 | -€109 | -99.6% |
| Recurring financial income | 75 | €109 | €0 | -€109 | -99.6% |
| Financial charges | 65/66B | €401 | €99 | -€303 | -75.4% |
| Recurring financial charges | 65 | €401 | €99 | -€303 | -75.4% |
| Profit (loss) for the period before taxes | 9903 | -€44,782 | -€13,039 | +€31,743 | +70.9% |
| Income taxes | 67/77 | - | €240 | +€240 | |
| Profit (loss) for the period | 9904 | -€44,782 | -€13,279 | +€31,503 | +70.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€44,782 | -€13,279 | +€31,503 | +70.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.