HIFI STUDIO HEYMAN: what changed
What changed
HIFI STUDIO HEYMAN
NACE 47.540, Retail sale of electrical household appliances
filed annual accounts (NBB)
Net result for the year
-€11,524
2025 · -€99,580+€88,055
Equity
€134,069
2025 · €145,593-€11,524
Cash
€12,346
2025 · €13,739-€1,394
Balance sheet total
€375,684
2025 · €435,118-€59,433
Largest movements
Assets
- Stocks and contracts -€75,728
down €75,728 (-24.0%), from €315,166 to €239,438
- Receivables within one year +€34,627
up €34,627 (+95.9%), from €36,118 to €70,746
of which Trade receivables: +€35,847
- Tangible fixed assets -€13,880
down €13,880 (-23.9%), from €58,151 to €44,271
of which Other tangible fixed assets: -€10,459
Equity and liabilities
- Trade debts -€19,410
down €19,410 (-52.1%), from €37,244 to €17,833
- Profit (loss) carried forward -€11,524
down €11,524, from €2,093 to -€9,431
- Other debts -€10,000
down €10,000 (-4.5%), from €223,020 to €213,020
- Advances received -€8,264
no longer reported in 2026 (was €8,264)
- Short-term financial debts -€7,000
down €7,000 (-58.3%), from €12,000 to €5,000
Income statement
- Gross operating margin +€91,398
up €91,398, from -€25,760 to €65,638
- Write-downs +€13,885
no longer reported in 2026 (was -€13,885)
- Depreciation -€3,436
down €3,436 (-19.8%), from €17,316 to €13,880
- Staff costs -€3,333
down €3,333 (-5.5%), from €60,403 to €57,070
- Financial charges -€2,204
down €2,204 (-32.3%), from €6,825 to €4,621
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2025
-€99,580
Gross operating margin
+€91,398
Staff costs
+€3,333
Depreciation
+€3,436
Write-downs
-€13,885
Other operating charges
+€1,181
Financial income
+€389
Financial charges
+€2,204
Taxes
-€1
Result 2026
-€11,524
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€9,393
Investment
€0
Financing
-€10,787
Cash 2025
€13,739
From operations (derived)
+€9,393
Net result for the year
-€11,524
Depreciation
+€13,880
Stocks and contracts
+€75,728
Receivables within one year
-€34,627
Deferred charges and accrued income
+€3,060
Trade debts
-€19,410
Tax, wage and social debts
+€387
Advances received
-€8,264
Other debts
-€10,000
Accrued charges and deferred income
+€165
Financing
-€10,787
Current portion of long-term debt
-€3,787
Short-term financial debts
-€7,000
Cash 2026
€12,346
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €435,118 | €375,684 | -€59,433 | -13.7% |
| Fixed assets | 21/28 | €61,251 | €47,371 | -€13,880 | -22.7% |
| Tangible fixed assets | 22/27 | €58,151 | €44,271 | -€13,880 | -23.9% |
| Plant, machinery and equipment | 23 | €429 | €151 | -€278 | -64.9% |
| Furniture and vehicles | 24 | €5,438 | €2,296 | -€3,142 | -57.8% |
| Other tangible fixed assets | 26 | €52,284 | €41,824 | -€10,459 | -20.0% |
| Financial fixed assets | 28 | €3,100 | €3,100 | = | 0.0% |
| Current assets | 29/58 | €373,867 | €328,313 | -€45,554 | -12.2% |
| Stocks and contracts in progress | 3 | €315,166 | €239,438 | -€75,728 | -24.0% |
| Stocks | 30/36 | €315,166 | €239,438 | -€75,728 | -24.0% |
| Amounts receivable within one year | 40/41 | €36,118 | €70,746 | +€34,627 | +95.9% |
| Trade receivables | 40 | €34,508 | €70,356 | +€35,847 | +104% |
| Other amounts receivable | 41 | €1,610 | €390 | -€1,220 | -75.8% |
| Cash at bank and in hand | 54/58 | €13,739 | €12,346 | -€1,394 | -10.1% |
| Deferred charges and accrued income | 490/1 | €8,843 | €5,784 | -€3,060 | -34.6% |
| Total equity and liabilities | 10/49 | €435,118 | €375,684 | -€59,433 | -13.7% |
| Equity | 10/15 | €145,593 | €134,069 | -€11,524 | -7.9% |
| Contributions | 10/11 | €124,000 | €124,000 | = | 0.0% |
| Reserves | 13 | €19,500 | €19,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,400 | €12,400 | = | 0.0% |
| Other | 1319 | €12,400 | €12,400 | = | 0.0% |
| Distributable reserves | 133 | €7,100 | €7,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,093 | -€9,431 | -€11,524 | |
| Amounts payable | 17/49 | €289,524 | €241,615 | -€47,909 | -16.5% |
| Amounts payable within one year | 42/48 | €288,576 | €240,502 | -€48,074 | -16.7% |
| Current portion of amounts payable after more than one year | 42 | €3,787 | - | -€3,787 | |
| Financial debts | 43 | €12,000 | €5,000 | -€7,000 | -58.3% |
| Credit institutions | 430/8 | €12,000 | €5,000 | -€7,000 | -58.3% |
| Trade debts | 44 | €37,244 | €17,833 | -€19,410 | -52.1% |
| Suppliers | 440/4 | €37,244 | €17,833 | -€19,410 | -52.1% |
| Advances received on contracts in progress | 46 | €8,264 | - | -€8,264 | |
| Taxes, remuneration and social security | 45 | €4,261 | €4,649 | +€387 | +9.1% |
| Taxes | 450/3 | €368 | €742 | +€374 | +102% |
| Remuneration and social security | 454/9 | €3,893 | €3,907 | +€13 | +0.3% |
| Other amounts payable | 47/48 | €223,020 | €213,020 | -€10,000 | -4.5% |
| Accrued charges and deferred income | 492/3 | €948 | €1,113 | +€165 | +17.4% |
| Remuneration, social security and pensions | 62 | €60,403 | €57,070 | -€3,333 | -5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,316 | €13,880 | -€3,436 | -19.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€13,885 | - | +€13,885 | |
| Other operating charges | 640/8 | €3,724 | €2,543 | -€1,181 | -31.7% |
| Gross operating margin | 9900 | -€25,760 | €65,638 | +€91,398 | |
| Operating profit (loss) | 9901 | -€93,317 | -€7,855 | +€85,462 | +91.6% |
| Financial income | 75/76B | €563 | €952 | +€389 | +69.2% |
| Recurring financial income | 75 | €563 | €952 | +€389 | +69.2% |
| Financial charges | 65/66B | €6,825 | €4,621 | -€2,204 | -32.3% |
| Recurring financial charges | 65 | €6,825 | €4,621 | -€2,204 | -32.3% |
| Profit (loss) for the period before taxes | 9903 | -€99,580 | -€11,524 | +€88,056 | +88.4% |
| Income taxes | 67/77 | -€1 | - | +€1 | |
| Profit (loss) for the period | 9904 | -€99,580 | -€11,524 | +€88,055 | +88.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€99,580 | -€11,524 | +€88,055 | +88.4% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.