Villa Herou: 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.
Villa Herou
Largest movements
- Receivables within one year -€27,234
down €27,234 (-89.2%), from €30,547 to €3,313
of which Other amounts receivable: -€28,755
- Tangible fixed assets +€17,120
up €17,120 (+1.3%), from €1.3m to €1.3m
- Profit (loss) carried forward -€102,092
down €102,092 (-99.0%), from -€103,074 to -€205,166
- Other debts +€56,032
new in 2025: €56,032
- Debts after one year +€29,342
up €29,342 (+2.0%), from €1.5m to €1.5m
- Depreciation +€24,751
up €24,751 (+80.5%), from €30,752 to €55,503
- Gross operating margin +€21,411
up €21,411 (+56.4%), from -€37,948 to -€16,537
- Financial charges +€12,276
up €12,276 (+68.9%), from €17,831 to €30,107
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 | €1,392,477 | €1,368,149 | -€24,328 | -1.7% |
| Fixed assets | 21/28 | €1,330,019 | €1,347,139 | +€17,120 | +1.3% |
| Tangible fixed assets | 22/27 | €1,330,019 | €1,347,139 | +€17,120 | +1.3% |
| Land and buildings | 22 | €1,330,019 | €1,347,139 | +€17,120 | +1.3% |
| Current assets | 29/58 | €62,458 | €21,010 | -€41,448 | -66.4% |
| Stocks and contracts in progress | 3 | €1,521 | - | -€1,521 | |
| Stocks | 30/36 | €1,521 | - | -€1,521 | |
| Amounts receivable within one year | 40/41 | €30,547 | €3,313 | -€27,234 | -89.2% |
| Trade receivables | 40 | - | €1,521 | +€1,521 | |
| Other amounts receivable | 41 | €30,547 | €1,792 | -€28,755 | -94.1% |
| Cash at bank and in hand | 54/58 | €30,325 | €17,698 | -€12,627 | -41.6% |
| Deferred charges and accrued income | 490/1 | €66 | - | -€66 | |
| Total equity and liabilities | 10/49 | €1,392,477 | €1,368,149 | -€24,328 | -1.7% |
| Equity | 10/15 | -€93,074 | -€195,166 | -€102,092 | -110% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€103,074 | -€205,166 | -€102,092 | -99.0% |
| Amounts payable | 17/49 | €1,485,551 | €1,563,315 | +€77,764 | +5.2% |
| Amounts payable after more than one year | 17 | €1,467,097 | €1,496,439 | +€29,342 | +2.0% |
| Financial debts | 170/4 | €1,467,097 | €1,496,439 | +€29,342 | +2.0% |
| Amounts payable within one year | 42/48 | €18,454 | €66,876 | +€48,422 | +262% |
| Trade debts | 44 | €18,454 | €6,888 | -€11,566 | -62.7% |
| Suppliers | 440/4 | €18,454 | €6,888 | -€11,566 | -62.7% |
| Taxes, remuneration and social security | 45 | - | €3,957 | +€3,957 | |
| Taxes | 450/3 | - | €3,957 | +€3,957 | |
| Other amounts payable | 47/48 | - | €56,032 | +€56,032 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,752 | €55,503 | +€24,751 | +80.5% |
| Other operating charges | 640/8 | €46 | - | -€46 | |
| Gross operating margin | 9900 | -€37,948 | -€16,537 | +€21,411 | +56.4% |
| Operating profit (loss) | 9901 | -€68,746 | -€72,040 | -€3,294 | -4.8% |
| Financial income | 75/76B | - | €55 | +€55 | |
| Recurring financial income | 75 | - | €55 | +€55 | |
| Financial charges | 65/66B | €17,831 | €30,107 | +€12,276 | +68.9% |
| Recurring financial charges | 65 | €17,831 | €30,107 | +€12,276 | +68.9% |
| Profit (loss) for the period before taxes | 9903 | -€86,577 | -€102,092 | -€15,515 | -17.9% |
| Profit (loss) for the period | 9904 | -€86,577 | -€102,092 | -€15,515 | -17.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€86,577 | -€102,092 | -€15,515 | -17.9% |
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 24 October 2026 via checked.be.