IMMO HEIDEVELD: 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.
IMMO HEIDEVELD
Largest movements
- Cash +€98,624
up €98,624 (+586%), from €16,842 to €115,465
mainly Other debts (+€124,615) and Depreciation (+€17,648)
- Other debts +€124,615
up €124,615 (+208%), from €60,000 to €184,615
- Debts after one year -€45,093
down €45,093 (-9.2%), from €489,149 to €444,056
- Current portion of long-term debt +€9,698
up €9,698 (+30.3%), from €31,978 to €41,676
- Profit (loss) carried forward +€8,088
up €8,088 (+11.8%), from -€68,457 to -€60,369
- Gross operating margin -€1,719
down €1,719 (-4.2%), from €40,929 to €39,210
- Other operating charges +€750
up €750 (+29.1%), from €2,578 to €3,328
- Financial charges -€668
down €668 (-6.2%), from €10,814 to €10,146
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 | €518,923 | €613,978 | +€95,055 | +18.3% |
| Fixed assets | 21/28 | €500,883 | €497,304 | -€3,579 | -0.7% |
| Tangible fixed assets | 22/27 | €500,883 | €497,304 | -€3,579 | -0.7% |
| Land and buildings | 22 | €488,518 | €472,609 | -€15,909 | -3.3% |
| Plant, machinery and equipment | 23 | €12,365 | €24,695 | +€12,330 | +99.7% |
| Current assets | 29/58 | €18,039 | €116,673 | +€98,634 | +547% |
| Cash at bank and in hand | 54/58 | €16,842 | €115,465 | +€98,624 | +586% |
| Deferred charges and accrued income | 490/1 | €1,198 | €1,208 | +€10 | +0.9% |
| Total equity and liabilities | 10/49 | €518,923 | €613,978 | +€95,055 | +18.3% |
| Equity | 10/15 | -€64,457 | -€56,369 | +€8,088 | +12.5% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€68,457 | -€60,369 | +€8,088 | +11.8% |
| Amounts payable | 17/49 | €583,380 | €670,347 | +€86,967 | +14.9% |
| Amounts payable after more than one year | 17 | €489,149 | €444,056 | -€45,093 | -9.2% |
| Financial debts | 170/4 | €489,149 | €444,056 | -€45,093 | -9.2% |
| Amounts payable within one year | 42/48 | €94,231 | €226,291 | +€132,060 | +140% |
| Current portion of amounts payable after more than one year | 42 | €31,978 | €41,676 | +€9,698 | +30.3% |
| Trade debts | 44 | €2,253 | €0 | -€2,253 | -100% |
| Suppliers | 440/4 | €2,253 | €0 | -€2,253 | -100% |
| Other amounts payable | 47/48 | €60,000 | €184,615 | +€124,615 | +208% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,393 | €17,648 | +€255 | +1.5% |
| Other operating charges | 640/8 | €2,578 | €3,328 | +€750 | +29.1% |
| Gross operating margin | 9900 | €40,929 | €39,210 | -€1,719 | -4.2% |
| Operating profit (loss) | 9901 | €20,958 | €18,234 | -€2,724 | -13.0% |
| Financial charges | 65/66B | €10,814 | €10,146 | -€668 | -6.2% |
| Recurring financial charges | 65 | €10,814 | €10,146 | -€668 | -6.2% |
| Profit (loss) for the period before taxes | 9903 | €10,144 | €8,088 | -€2,056 | -20.3% |
| Profit (loss) for the period | 9904 | €10,144 | €8,088 | -€2,056 | -20.3% |
| Profit (loss) for the period to be appropriated | 9905 | €10,144 | €8,088 | -€2,056 | -20.3% |
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 14 October 2026 via checked.be.