HEZER HEIDE: 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.
HEZER HEIDE
Largest movements
- Tangible fixed assets -€38,497
down €38,497 (-8.8%), from €439,264 to €400,767
of which Land and buildings: -€37,433
- Receivables within one year +€8,962
up €8,962 (+218.7%), from €4,098 to €13,059
of which Trade receivables: +€11,756
- Debts after one year -€44,156
down €44,156 (-17.4%), from €253,896 to €209,740
- Profit (loss) carried forward +€17,668
up €17,668 (+19.0%), from -€93,221 to -€75,553
- Trade debts -€5,561
down €5,561 (-27.7%), from €20,058 to €14,496
- Gross operating margin +€23,667
up €23,667 (+54.6%), from €43,309 to €66,976
- Other operating charges +€5,369
up €5,369 (+1061.7%), from €506 to €5,875
- Financial income -€2,245
down €2,245 (-63.7%), from €3,525 to €1,279
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €457,127 | €425,307 | -€31,820 | -7.0% |
| Fixed assets | 21/28 | €441,264 | €401,267 | -€39,997 | -9.1% |
| Intangible fixed assets | 21 | €2,000 | - | -€2,000 | |
| Tangible fixed assets | 22/27 | €439,264 | €400,767 | -€38,497 | -8.8% |
| Land and buildings | 22 | €436,034 | €398,600 | -€37,433 | -8.6% |
| Plant, machinery and equipment | 23 | €3,231 | €2,167 | -€1,064 | -32.9% |
| Financial fixed assets | 28 | - | €500 | +€500 | |
| Current assets | 29/58 | €15,863 | €24,039 | +€8,177 | +51.5% |
| Amounts receivable within one year | 40/41 | €4,098 | €13,059 | +€8,962 | +218.7% |
| Trade receivables | 40 | €1,303 | €13,059 | +€11,756 | +902.4% |
| Other amounts receivable | 41 | €2,795 | - | -€2,795 | |
| Cash at bank and in hand | 54/58 | €10,595 | €10,253 | -€342 | -3.2% |
| Deferred charges and accrued income | 490/1 | €1,170 | €728 | -€443 | -37.8% |
| Total equity and liabilities | 10/49 | €457,127 | €425,307 | -€31,820 | -7.0% |
| Equity | 10/15 | €77,805 | €94,193 | +€16,388 | +21.1% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Reserves | 13 | €31,897 | €31,897 | = | 0.0% |
| Distributable reserves | 133 | €31,897 | €31,897 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€93,221 | -€75,553 | +€17,668 | +19.0% |
| Investment grants | 15 | €14,129 | €12,850 | -€1,279 | -9.1% |
| Provisions and deferred taxes | 16 | €878 | €811 | -€67 | -7.7% |
| Deferred taxes | 168 | €878 | €811 | -€67 | -7.7% |
| Amounts payable | 17/49 | €378,444 | €330,303 | -€48,141 | -12.7% |
| Amounts payable after more than one year | 17 | €253,896 | €209,740 | -€44,156 | -17.4% |
| Financial debts | 170/4 | €253,896 | €209,740 | -€44,156 | -17.4% |
| Amounts payable within one year | 42/48 | €124,548 | €120,563 | -€3,985 | -3.2% |
| Current portion of amounts payable after more than one year | 42 | €44,156 | €44,156 | = | 0.0% |
| Trade debts | 44 | €20,058 | €14,496 | -€5,561 | -27.7% |
| Suppliers | 440/4 | €20,058 | €14,496 | -€5,561 | -27.7% |
| Taxes, remuneration and social security | 45 | €1,250 | €2,664 | +€1,414 | +113.1% |
| Taxes | 450/3 | - | €1,414 | +€1,414 | |
| Remuneration and social security | 454/9 | €1,250 | €1,250 | = | 0.0% |
| Other amounts payable | 47/48 | €59,085 | €59,247 | +€163 | +0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,228 | €40,497 | +€269 | +0.7% |
| Other operating charges | 640/8 | €506 | €5,875 | +€5,369 | +1061.7% |
| Gross operating margin | 9900 | €43,309 | €66,976 | +€23,667 | +54.6% |
| Operating profit (loss) | 9901 | €2,576 | €20,605 | +€18,029 | +700.0% |
| Financial income | 75/76B | €3,525 | €1,279 | -€2,245 | -63.7% |
| Recurring financial income | 75 | €3,525 | €1,279 | -€2,245 | -63.7% |
| Financial charges | 65/66B | €4,054 | €4,284 | +€230 | +5.7% |
| Recurring financial charges | 65 | €4,054 | €4,284 | +€230 | +5.7% |
| Profit (loss) for the period before taxes | 9903 | €2,047 | €17,600 | +€15,553 | +759.9% |
| Transfer from deferred taxes | 780 | €67 | €67 | = | 0.0% |
| Income taxes | 67/77 | -€12 | - | +€12 | |
| Profit (loss) for the period | 9904 | €2,126 | €17,668 | +€15,542 | +731.1% |
| Profit (loss) for the period to be appropriated | 9905 | €2,126 | €17,668 | +€15,542 | +731.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.