Les Heures Heureuses: what changed
What changed
Les Heures Heureuses
NACE 88.993, Social work activities without accommodation
filed annual accounts (NBB)
Net result for the year
€8,284
2024 · €13,604-€5,319
Equity
€1.2m
2024 · €1.2m-€10,659
Cash
€166,059
2024 · €192,820-€26,761
Balance sheet total
€1.8m
2024 · €1.7m+€95,120
Largest movements
Assets
- Current investments +€175,000
up €175,000 (+63.6%), from €275,000 to €450,000
- Tangible fixed assets -€55,042
down €55,042 (-4.6%), from €1.2m to €1.1m
of which Land and buildings: -€47,929
- Cash -€26,761
down €26,761 (-13.9%), from €192,820 to €166,059
mainly Current investments (-€175,000) and Short-term financial debts (-€25,534)
Equity and liabilities
- Accrued charges and deferred income +€146,328
up €146,328, from €0 to €146,328
- Short-term financial debts -€25,534
down €25,534 (-62.8%), from €40,688 to €15,155
- Debts after one year -€23,664
down €23,664 (-8.1%), from €290,586 to €266,922
- Investment grants -€18,943
down €18,943 (-4.7%), from €400,264 to €381,321
Income statement
- Gross operating margin -€23,763
down €23,763 (-2.3%), from €1.0m to €999,176
- Staff costs -€21,609
down €21,609 (-2.3%), from €939,802 to €918,193
Change in the result, 2024 to 2025
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 2024
€13,604
Gross operating margin
-€23,763
Staff costs
+€21,609
Depreciation
+€2,716
Other operating charges
-€5,903
Other operating items
-€68
Financial income
-€122
Financial charges
+€674
Taxes
-€462
Result 2025
€8,284
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€216,022
Investment
-€175,000
Financing
-€67,782
Cash 2024
€192,820
From operations (derived)
+€216,022
Net result for the year
+€8,284
Depreciation
+€55,042
Receivables within one year
-€118
Deferred charges and accrued income
-€1,805
Trade debts
-€2,448
Tax, wage and social debts
+€10,738
Accrued charges and deferred income
+€146,328
Investment (derived)
-€175,000
Current investments
-€175,000
Financing
-€67,782
Debts after one year
-€23,664
Current portion of long-term debt
+€359
Short-term financial debts
-€25,534
Contributions, distributions and other
-€18,943
Cash 2025
€166,059
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,694,417 | €1,789,538 | +€95,120 | +5.6% |
| Fixed assets | 21/28 | €1,195,795 | €1,140,753 | -€55,042 | -4.6% |
| Tangible fixed assets | 22/27 | €1,195,795 | €1,140,753 | -€55,042 | -4.6% |
| Land and buildings | 22 | €1,151,602 | €1,103,673 | -€47,929 | -4.2% |
| Plant, machinery and equipment | 23 | €37,196 | €31,832 | -€5,364 | -14.4% |
| Furniture and vehicles | 24 | €6,997 | €5,248 | -€1,749 | -25.0% |
| Current assets | 29/58 | €498,622 | €648,784 | +€150,163 | +30.1% |
| Amounts receivable within one year | 40/41 | €22,872 | €22,991 | +€118 | +0.5% |
| Trade receivables | 40 | €12,590 | €11,294 | -€1,296 | -10.3% |
| Other amounts receivable | 41 | €10,283 | €11,697 | +€1,414 | +13.8% |
| Current investments | 50/53 | €275,000 | €450,000 | +€175,000 | +63.6% |
| Cash at bank and in hand | 54/58 | €192,820 | €166,059 | -€26,761 | -13.9% |
| Deferred charges and accrued income | 490/1 | €7,929 | €9,734 | +€1,805 | +22.8% |
| Total equity and liabilities | 10/49 | €1,694,417 | €1,789,538 | +€95,120 | +5.6% |
| Equity | 10/15 | €1,225,262 | €1,214,604 | -€10,659 | -0.9% |
| Contributions | 10/11 | €95,823 | €95,823 | = | 0.0% |
| Capital | 10 | €95,823 | €95,823 | = | 0.0% |
| Profit (loss) carried forward | 14 | €729,176 | €737,460 | +€8,284 | +1.1% |
| Investment grants | 15 | €400,264 | €381,321 | -€18,943 | -4.7% |
| Amounts payable | 17/49 | €469,155 | €574,934 | +€105,779 | +22.5% |
| Amounts payable after more than one year | 17 | €290,586 | €266,922 | -€23,664 | -8.1% |
| Financial debts | 170/4 | €290,586 | €266,922 | -€23,664 | -8.1% |
| Amounts payable within one year | 42/48 | €178,569 | €161,684 | -€16,884 | -9.5% |
| Current portion of amounts payable after more than one year | 42 | €23,305 | €23,664 | +€359 | +1.5% |
| Financial debts | 43 | €40,688 | €15,155 | -€25,534 | -62.8% |
| Credit institutions | 430/8 | €40,688 | €15,155 | -€25,534 | -62.8% |
| Trade debts | 44 | €10,831 | €8,384 | -€2,448 | -22.6% |
| Suppliers | 440/4 | €10,831 | €8,384 | -€2,448 | -22.6% |
| Taxes, remuneration and social security | 45 | €103,744 | €114,482 | +€10,738 | +10.4% |
| Taxes | 450/3 | €81 | €0 | -€81 | -100% |
| Remuneration and social security | 454/9 | €103,662 | €114,482 | +€10,820 | +10.4% |
| Accrued charges and deferred income | 492/3 | €0 | €146,328 | +€146,328 | |
| Remuneration, social security and pensions | 62 | €939,802 | €918,193 | -€21,609 | -2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,758 | €55,042 | -€2,716 | -4.7% |
| Other operating charges | 640/8 | €10,958 | €16,861 | +€5,903 | +53.9% |
| Non-recurring operating charges | 66A | - | €68 | +€68 | |
| Gross operating margin | 9900 | €1,022,939 | €999,176 | -€23,763 | -2.3% |
| Operating profit (loss) | 9901 | €14,421 | €9,011 | -€5,410 | -37.5% |
| Financial income | 75/76B | €8,091 | €7,969 | -€122 | -1.5% |
| Recurring financial income | 75 | €8,091 | €7,969 | -€122 | -1.5% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €6,979 | €6,305 | -€674 | -9.7% |
| Recurring financial charges | 65 | €6,979 | €6,305 | -€674 | -9.7% |
| Profit (loss) for the period before taxes | 9903 | €15,533 | €10,675 | -€4,858 | -31.3% |
| Income taxes | 67/77 | €1,929 | €2,391 | +€462 | +23.9% |
| Profit (loss) for the period | 9904 | €13,604 | €8,284 | -€5,319 | -39.1% |
| Profit (loss) for the period to be appropriated | 9905 | €13,604 | €8,284 | -€5,319 | -39.1% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.