De 12e Oogst: 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.
De 12e Oogst
Largest movements
- Tangible fixed assets -€51,015
down €51,015 (-6.6%), from €774,013 to €722,998
- Receivables within one year +€23,150
up €23,150 (+229%), from €10,126 to €33,276
of which Other amounts receivable: +€12,139
- Cash +€11,970
up €11,970 (+96.0%), from €12,467 to €24,437
mainly Depreciation (+€61,268) and Net result for the year (+€27,362)
- Deferred charges and accrued income +€9,325
up €9,325 (+154%), from €6,048 to €15,373
- Reserves +€27,362
up €27,362 (+15.2%), from €179,758 to €207,119
- Debts after one year -€19,440
down €19,440 (-4.3%), from €449,697 to €430,257
- Tax, wage and social debts -€13,104
down €13,104 (-18.2%), from €72,029 to €58,925
of which Taxes: -€15,648
- Staff costs +€42,520
up €42,520 (+10.8%), from €391,917 to €434,437
- Gross operating margin +€22,889
up €22,889 (+4.2%), from €539,552 to €562,441
- Depreciation +€6,499
up €6,499 (+11.9%), from €54,769 to €61,268
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 | €819,463 | €814,503 | -€4,960 | -0.6% |
| Fixed assets | 21/28 | €774,013 | €722,998 | -€51,015 | -6.6% |
| Tangible fixed assets | 22/27 | €774,013 | €722,998 | -€51,015 | -6.6% |
| Land and buildings | 22 | €632,278 | €607,113 | -€25,164 | -4.0% |
| Plant, machinery and equipment | 23 | €105,248 | €85,357 | -€19,891 | -18.9% |
| Furniture and vehicles | 24 | €36,487 | €30,528 | -€5,960 | -16.3% |
| Current assets | 29/58 | €45,450 | €91,505 | +€46,055 | +101% |
| Stocks and contracts in progress | 3 | €16,809 | €18,419 | +€1,610 | +9.6% |
| Stocks | 30/36 | €16,809 | €18,419 | +€1,610 | +9.6% |
| Amounts receivable within one year | 40/41 | €10,126 | €33,276 | +€23,150 | +229% |
| Trade receivables | 40 | €84 | €11,095 | +€11,011 | +13,108% |
| Other amounts receivable | 41 | €10,042 | €22,181 | +€12,139 | +121% |
| Cash at bank and in hand | 54/58 | €12,467 | €24,437 | +€11,970 | +96.0% |
| Deferred charges and accrued income | 490/1 | €6,048 | €15,373 | +€9,325 | +154% |
| Total equity and liabilities | 10/49 | €819,463 | €814,503 | -€4,960 | -0.6% |
| Equity | 10/15 | €189,758 | €217,119 | +€27,362 | +14.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €179,758 | €207,119 | +€27,362 | +15.2% |
| Distributable reserves | 133 | €179,758 | €207,119 | +€27,362 | +15.2% |
| Amounts payable | 17/49 | €629,705 | €597,384 | -€32,321 | -5.1% |
| Amounts payable after more than one year | 17 | €449,697 | €430,257 | -€19,440 | -4.3% |
| Financial debts | 170/4 | €449,697 | €430,257 | -€19,440 | -4.3% |
| Amounts payable within one year | 42/48 | €160,449 | €146,908 | -€13,541 | -8.4% |
| Current portion of amounts payable after more than one year | 42 | €31,867 | €33,030 | +€1,163 | +3.6% |
| Trade debts | 44 | €33,061 | €30,371 | -€2,690 | -8.1% |
| Suppliers | 440/4 | €33,061 | €30,371 | -€2,690 | -8.1% |
| Advances received on contracts in progress | 46 | - | €329 | +€329 | |
| Taxes, remuneration and social security | 45 | €72,029 | €58,925 | -€13,104 | -18.2% |
| Taxes | 450/3 | €41,594 | €25,947 | -€15,648 | -37.6% |
| Remuneration and social security | 454/9 | €30,435 | €32,978 | +€2,543 | +8.4% |
| Other amounts payable | 47/48 | €23,491 | €24,253 | +€762 | +3.2% |
| Accrued charges and deferred income | 492/3 | €19,560 | €20,219 | +€659 | +3.4% |
| Remuneration, social security and pensions | 62 | €391,917 | €434,437 | +€42,520 | +10.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,769 | €61,268 | +€6,499 | +11.9% |
| Other operating charges | 640/8 | €9,094 | €5,685 | -€3,409 | -37.5% |
| Gross operating margin | 9900 | €539,552 | €562,441 | +€22,889 | +4.2% |
| Operating profit (loss) | 9901 | €83,772 | €61,051 | -€22,721 | -27.1% |
| Financial income | 75/76B | €205 | €54 | -€151 | -73.7% |
| Recurring financial income | 75 | €205 | €54 | -€151 | -73.7% |
| Financial charges | 65/66B | €22,473 | €24,952 | +€2,479 | +11.0% |
| Recurring financial charges | 65 | €22,473 | €24,952 | +€2,479 | +11.0% |
| Profit (loss) for the period before taxes | 9903 | €61,504 | €36,153 | -€25,351 | -41.2% |
| Income taxes | 67/77 | €12,493 | €8,792 | -€3,701 | -29.6% |
| Profit (loss) for the period | 9904 | €49,011 | €27,362 | -€21,650 | -44.2% |
| Profit (loss) for the period to be appropriated | 9905 | €49,011 | €27,362 | -€21,650 | -44.2% |
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 26 October 2026 via checked.be.