HEYTENS: 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.
HEYTENS
Largest movements
- Stocks and contracts +€19,685
up €19,685 (+3087.0%), from €638 to €20,323
- Tangible fixed assets +€12,212
up €12,212 (+51.9%), from €23,552 to €35,764
of which Furniture and vehicles: +€11,414
- Cash -€5,902
down €5,902 (-31.7%), from €18,605 to €12,703
mainly Stocks and contracts (-€19,685) and Investment in fixed assets (net) (-€16,747)
- Reserves +€26,778
up €26,778 (+98.5%), from €27,198 to €53,976
- Other debts +€833
new in 2025: €833
- Gross operating margin +€13,522
up €13,522 (+46.0%), from €29,425 to €42,947
- Taxes +€4,599
up €4,599 (+84.2%), from €5,462 to €10,061
- Depreciation +€2,880
up €2,880 (+174.1%), from €1,654 to €4,534
- Financial charges -€623
down €623 (-75.0%), from €831 to €207
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 | €46,001 | €72,189 | +€26,188 | +56.9% |
| Fixed assets | 21/28 | €23,552 | €35,764 | +€12,212 | +51.9% |
| Tangible fixed assets | 22/27 | €23,552 | €35,764 | +€12,212 | +51.9% |
| Plant, machinery and equipment | 23 | €23,552 | €24,350 | +€798 | +3.4% |
| Furniture and vehicles | 24 | €0 | €11,414 | +€11,414 | |
| Current assets | 29/58 | €22,449 | €36,424 | +€13,975 | +62.3% |
| Stocks and contracts in progress | 3 | €638 | €20,323 | +€19,685 | +3087.0% |
| Stocks | 30/36 | €638 | €20,323 | +€19,685 | +3087.0% |
| Amounts receivable within one year | 40/41 | €2,991 | €3,201 | +€210 | +7.0% |
| Trade receivables | 40 | €0 | €20 | +€20 | |
| Other amounts receivable | 41 | €2,991 | €3,181 | +€190 | +6.4% |
| Cash at bank and in hand | 54/58 | €18,605 | €12,703 | -€5,902 | -31.7% |
| Deferred charges and accrued income | 490/1 | €215 | €197 | -€18 | -8.3% |
| Total equity and liabilities | 10/49 | €46,001 | €72,189 | +€26,188 | +56.9% |
| Equity | 10/15 | €30,698 | €57,476 | +€26,778 | +87.2% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | €27,198 | €53,976 | +€26,778 | +98.5% |
| Distributable reserves | 133 | €27,198 | €53,976 | +€26,778 | +98.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €15,303 | €14,713 | -€590 | -3.9% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €14,024 | €14,064 | +€40 | +0.3% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €446 | €315 | -€131 | -29.4% |
| Suppliers | 440/4 | €446 | €315 | -€131 | -29.4% |
| Taxes, remuneration and social security | 45 | €13,579 | €12,917 | -€662 | -4.9% |
| Taxes | 450/3 | €13,579 | €12,917 | -€662 | -4.9% |
| Other amounts payable | 47/48 | - | €833 | +€833 | |
| Accrued charges and deferred income | 492/3 | €1,279 | €649 | -€630 | -49.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,654 | €4,534 | +€2,880 | +174.1% |
| Other operating charges | 640/8 | €638 | €534 | -€104 | -16.3% |
| Non-recurring operating charges | 66A | €7,930 | €0 | -€7,930 | -100.0% |
| Gross operating margin | 9900 | €29,425 | €42,947 | +€13,522 | +46.0% |
| Operating profit (loss) | 9901 | €19,203 | €37,879 | +€18,676 | +97.3% |
| Financial charges | 65/66B | €831 | €207 | -€623 | -75.0% |
| Recurring financial charges | 65 | €831 | €207 | -€623 | -75.0% |
| Profit (loss) for the period before taxes | 9903 | €18,373 | €37,671 | +€19,299 | +105.0% |
| Income taxes | 67/77 | €5,462 | €10,061 | +€4,599 | +84.2% |
| Profit (loss) for the period | 9904 | €12,911 | €27,611 | +€14,700 | +113.9% |
| Profit (loss) for the period to be appropriated | 9905 | €12,911 | €27,611 | +€14,700 | +113.9% |
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 6 October 2026 via checked.be.