HeyTech: 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.
HeyTech
Largest movements
- Cash -€18,841
down €18,841 (-80.2%), from €23,484 to €4,642
mainly Receivables within one year (-€15,168) and Other debts (-€12,500)
- Receivables within one year +€15,168
up €15,168 (+94.4%), from €16,071 to €31,240
of which Trade receivables: +€10,460
- Tangible fixed assets -€4,472
down €4,472 (-20.7%), from €21,616 to €17,144
of which Plant, machinery and equipment: -€5,382
- Other debts -€12,500
down €12,500 (-41.3%), from €30,238 to €17,738
- Trade debts +€3,172
up €3,172 (+1651.0%), from €192 to €3,364
- Reserves +€2,660
up €2,660 (+19.0%), from €13,964 to €16,624
- Accrued charges and deferred income -€1,213
down €1,213 (-14.9%), from €8,113 to €6,900
- Gross operating margin -€16,501
down €16,501 (-61.5%), from €26,822 to €10,321
- Taxes -€2,838
down €2,838 (-68.7%), from €4,129 to €1,291
- Financial charges -€1,710
down €1,710 (-82.7%), from €2,067 to €357
- Financial income +€1,193
up €1,193 (+6033.2%), from €20 to €1,213
- Depreciation +€383
up €383 (+6.3%), from €6,071 to €6,454
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 | €61,171 | €53,026 | -€8,145 | -13.3% |
| Fixed assets | 21/28 | €21,616 | €17,144 | -€4,472 | -20.7% |
| Tangible fixed assets | 22/27 | €21,616 | €17,144 | -€4,472 | -20.7% |
| Plant, machinery and equipment | 23 | €18,194 | €12,812 | -€5,382 | -29.6% |
| Furniture and vehicles | 24 | €3,422 | €2,378 | -€1,044 | -30.5% |
| Other tangible fixed assets | 26 | - | €1,954 | +€1,954 | |
| Current assets | 29/58 | €39,555 | €35,882 | -€3,673 | -9.3% |
| Amounts receivable within one year | 40/41 | €16,071 | €31,240 | +€15,168 | +94.4% |
| Trade receivables | 40 | €16,071 | €26,531 | +€10,460 | +65.1% |
| Other amounts receivable | 41 | - | €4,709 | +€4,709 | |
| Cash at bank and in hand | 54/58 | €23,484 | €4,642 | -€18,841 | -80.2% |
| Total equity and liabilities | 10/49 | €61,171 | €53,026 | -€8,145 | -13.3% |
| Equity | 10/15 | €18,964 | €21,624 | +€2,660 | +14.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €13,964 | €16,624 | +€2,660 | +19.0% |
| Distributable reserves | 133 | €13,964 | €16,624 | +€2,660 | +19.0% |
| Amounts payable | 17/49 | €42,207 | €31,402 | -€10,805 | -25.6% |
| Amounts payable within one year | 42/48 | €34,095 | €24,502 | -€9,593 | -28.1% |
| Trade debts | 44 | €192 | €3,364 | +€3,172 | +1651.0% |
| Suppliers | 440/4 | €192 | €3,364 | +€3,172 | +1651.0% |
| Taxes, remuneration and social security | 45 | €3,665 | €3,400 | -€265 | -7.2% |
| Taxes | 450/3 | €3,665 | €1,300 | -€2,365 | -64.5% |
| Remuneration and social security | 454/9 | - | €2,100 | +€2,100 | |
| Other amounts payable | 47/48 | €30,238 | €17,738 | -€12,500 | -41.3% |
| Accrued charges and deferred income | 492/3 | €8,113 | €6,900 | -€1,213 | -14.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,071 | €6,454 | +€383 | +6.3% |
| Other operating charges | 640/8 | €611 | €771 | +€160 | +26.2% |
| Gross operating margin | 9900 | €26,822 | €10,321 | -€16,501 | -61.5% |
| Operating profit (loss) | 9901 | €20,140 | €3,096 | -€17,045 | -84.6% |
| Financial income | 75/76B | €20 | €1,213 | +€1,193 | +6033.2% |
| Recurring financial income | 75 | €20 | €1,213 | +€1,193 | +6033.2% |
| Financial charges | 65/66B | €2,067 | €357 | -€1,710 | -82.7% |
| Recurring financial charges | 65 | €2,067 | €357 | -€1,710 | -82.7% |
| Profit (loss) for the period before taxes | 9903 | €18,093 | €3,951 | -€14,142 | -78.2% |
| Income taxes | 67/77 | €4,129 | €1,291 | -€2,838 | -68.7% |
| Profit (loss) for the period | 9904 | €13,964 | €2,660 | -€11,304 | -81.0% |
| Profit (loss) for the period to be appropriated | 9905 | €13,964 | €2,660 | -€11,304 | -81.0% |
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.