Inside Head & Heart: 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.
Inside Head & Heart
Largest movements
- Receivables within one year +€25,828
up €25,828 (+33.6%), from €76,817 to €102,645
of which Other amounts receivable: +€27,194
- Cash -€6,368
down €6,368 (-38.3%), from €16,630 to €10,262
mainly Receivables within one year (-€25,828) and Investment in fixed assets (net) (-€2,910)
- Tangible fixed assets -€1,256
down €1,256 (-10.8%), from €11,663 to €10,407
of which Other tangible fixed assets: -€1,356
- Trade debts +€8,378
up €8,378 (+98.4%), from €8,514 to €16,892
- Tax, wage and social debts +€6,347
up €6,347 (+106%), from €6,006 to €12,353
- Profit (loss) carried forward +€2,240
up €2,240 (+44.2%), from -€5,070 to -€2,830
- Gross operating margin +€10,270
up €10,270 (+146%), from €7,038 to €17,308
- Taxes +€2,285
up €2,285 (+94.7%), from €2,414 to €4,699
- Staff costs -€2,198
down €2,198 (-45.0%), from €4,885 to €2,686
- Other operating charges +€1,756
up €1,756 (+122%), from €1,443 to €3,199
- Depreciation +€968
up €968 (+30.3%), from €3,198 to €4,166
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 | €106,213 | €123,714 | +€17,501 | +16.5% |
| Fixed assets | 21/28 | €11,663 | €10,407 | -€1,256 | -10.8% |
| Tangible fixed assets | 22/27 | €11,663 | €10,407 | -€1,256 | -10.8% |
| Furniture and vehicles | 24 | €6,927 | €7,027 | +€100 | +1.4% |
| Other tangible fixed assets | 26 | €4,736 | €3,380 | -€1,356 | -28.6% |
| Current assets | 29/58 | €94,550 | €113,307 | +€18,757 | +19.8% |
| Amounts receivable within one year | 40/41 | €76,817 | €102,645 | +€25,828 | +33.6% |
| Trade receivables | 40 | €25,367 | €24,001 | -€1,365 | -5.4% |
| Other amounts receivable | 41 | €51,450 | €78,644 | +€27,194 | +52.9% |
| Cash at bank and in hand | 54/58 | €16,630 | €10,262 | -€6,368 | -38.3% |
| Deferred charges and accrued income | 490/1 | €1,103 | €400 | -€703 | -63.7% |
| Total equity and liabilities | 10/49 | €106,213 | €123,714 | +€17,501 | +16.5% |
| Equity | 10/15 | €90,698 | €92,938 | +€2,240 | +2.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €93,267 | €93,267 | = | 0.0% |
| Distributable reserves | 133 | €93,267 | €93,267 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,070 | -€2,830 | +€2,240 | +44.2% |
| Amounts payable | 17/49 | €15,515 | €30,776 | +€15,261 | +98.4% |
| Amounts payable within one year | 42/48 | €14,521 | €29,245 | +€14,724 | +101% |
| Trade debts | 44 | €8,514 | €16,892 | +€8,378 | +98.4% |
| Suppliers | 440/4 | €8,514 | €16,892 | +€8,378 | +98.4% |
| Taxes, remuneration and social security | 45 | €6,006 | €12,353 | +€6,347 | +106% |
| Taxes | 450/3 | €6,006 | €12,353 | +€6,347 | +106% |
| Accrued charges and deferred income | 492/3 | €994 | €1,531 | +€537 | +54.0% |
| Remuneration, social security and pensions | 62 | €4,885 | €2,686 | -€2,198 | -45.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,198 | €4,166 | +€968 | +30.3% |
| Other operating charges | 640/8 | €1,443 | €3,199 | +€1,756 | +122% |
| Gross operating margin | 9900 | €7,038 | €17,308 | +€10,270 | +146% |
| Operating profit (loss) | 9901 | -€2,487 | €7,257 | +€9,745 | |
| Financial income | 75/76B | €11 | €6 | -€5 | -42.0% |
| Recurring financial income | 75 | €11 | €6 | -€5 | -42.0% |
| Financial charges | 65/66B | €179 | €324 | +€145 | +80.7% |
| Recurring financial charges | 65 | €179 | €324 | +€145 | +80.7% |
| Profit (loss) for the period before taxes | 9903 | -€2,656 | €6,939 | +€9,595 | |
| Income taxes | 67/77 | €2,414 | €4,699 | +€2,285 | +94.7% |
| Profit (loss) for the period | 9904 | -€5,070 | €2,240 | +€7,310 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,070 | €2,240 | +€7,310 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.