DE VIER HEREN: what changed
What changed
DE VIER HEREN
NACE 01.500, Mixed farming
filed annual accounts (NBB)
Net result for the year
-€1.2m
2024 · -€332,031-€854,090
Equity
-€148,347
2024 · -€430,731+€282,384
Cash
€5,116
2024 · €131,446-€126,329
Balance sheet total
€7.1m
2024 · €6.5m+€583,270
Largest movements
Assets
- Tangible fixed assets +€1.3m
up €1.3m (+23.7%), from €5.6m to €6.9m
of which Land and buildings: +€1.3m
- Stocks and contracts -€594,891
down €594,891 (-89.5%), from €664,619 to €69,729
- Cash -€126,329
down €126,329 (-96.1%), from €131,446 to €5,116
mainly Investment in fixed assets (net) (-€1.5m) and Net result for the year (-€1.2m)
Equity and liabilities
- Revaluation surpluses +€1.5m
new in 2025: €1.5m
- Profit (loss) carried forward -€1.2m
down €1.2m (-241%), from -€492,731 to -€1.7m
- Other debts +€333,730
up €333,730 (+12.8%), from €2.6m to €2.9m
Income statement
- Gross operating margin -€664,041
down €664,041, from €50,347 to -€613,694
- Financial charges +€136,708
up €136,708 (+56.2%), from €243,068 to €379,775
- Other operating charges +€42,573
up €42,573 (+604%), from €7,049 to €49,622
- Depreciation +€9,709
up €9,709 (+7.4%), from €130,983 to €140,693
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
-€332,031
Gross operating margin
-€664,041
Depreciation
-€9,709
Other operating charges
-€42,573
Other operating items
-€1,300
Financial charges
-€136,708
Taxes
+€241
Result 2025
-€1.2m
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
-€126,329
Investment
-€1.5m
Financing
+€1.5m
Cash 2024
€131,446
From operations (derived)
-€126,329
Net result for the year
-€1.2m
Depreciation
+€140,693
Stocks and contracts
+€594,891
Receivables within one year
+€31,846
Deferred charges and accrued income
-€8,525
Trade debts
-€51,122
Tax, wage and social debts
-€25,240
Other debts
+€333,730
Accrued charges and deferred income
+€43,518
Investment (derived)
-€1.5m
Investment in fixed assets (net)
-€1.5m
Financing
+€1.5m
Contributions, distributions and other
+€1.5m
Cash 2025
€5,116
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,511,481 | €7,094,751 | +€583,270 | +9.0% |
| Fixed assets | 21/28 | €5,612,555 | €6,940,367 | +€1.3m | +23.7% |
| Tangible fixed assets | 22/27 | €5,612,555 | €6,940,367 | +€1.3m | +23.7% |
| Land and buildings | 22 | €5,611,089 | €6,940,367 | +€1.3m | +23.7% |
| Furniture and vehicles | 24 | €1,466 | €0 | -€1,466 | -100% |
| Current assets | 29/58 | €898,925 | €154,383 | -€744,542 | -82.8% |
| Stocks and contracts in progress | 3 | €664,619 | €69,729 | -€594,891 | -89.5% |
| Stocks | 30/36 | €664,619 | €69,729 | -€594,891 | -89.5% |
| Amounts receivable within one year | 40/41 | €98,250 | €66,404 | -€31,846 | -32.4% |
| Trade receivables | 40 | €64,771 | €3,110 | -€61,660 | -95.2% |
| Other amounts receivable | 41 | €33,479 | €63,294 | +€29,814 | +89.1% |
| Cash at bank and in hand | 54/58 | €131,446 | €5,116 | -€126,329 | -96.1% |
| Deferred charges and accrued income | 490/1 | €4,610 | €13,135 | +€8,525 | +185% |
| Total equity and liabilities | 10/49 | €6,511,481 | €7,094,751 | +€583,270 | +9.0% |
| Equity | 10/15 | -€430,731 | -€148,347 | +€282,384 | +65.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Revaluation surpluses | 12 | - | €1,468,505 | +€1.5m | |
| Profit (loss) carried forward | 14 | -€492,731 | -€1,678,851 | -€1.2m | -241% |
| Amounts payable | 17/49 | €6,942,211 | €7,243,097 | +€300,886 | +4.3% |
| Amounts payable after more than one year | 17 | €3,785,725 | €3,785,725 | = | 0.0% |
| Financial debts | 170/4 | €3,785,725 | €3,785,725 | = | 0.0% |
| Amounts payable within one year | 42/48 | €3,154,861 | €3,412,229 | +€257,368 | +8.2% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €526,298 | €475,176 | -€51,122 | -9.7% |
| Suppliers | 440/4 | €526,298 | €475,176 | -€51,122 | -9.7% |
| Taxes, remuneration and social security | 45 | €26,374 | €1,134 | -€25,240 | -95.7% |
| Taxes | 450/3 | €26,374 | €1,134 | -€25,240 | -95.7% |
| Other amounts payable | 47/48 | €2,602,189 | €2,935,919 | +€333,730 | +12.8% |
| Accrued charges and deferred income | 492/3 | €1,625 | €45,144 | +€43,518 | +2,678% |
| Non-recurring operating income | 76A | €12,342 | €0 | -€12,342 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €130,983 | €140,693 | +€9,709 | +7.4% |
| Other operating charges | 640/8 | €7,049 | €49,622 | +€42,573 | +604% |
| Non-recurring operating charges | 66A | €0 | €1,300 | +€1,300 | |
| Gross operating margin | 9900 | €50,347 | -€613,694 | -€664,041 | |
| Operating profit (loss) | 9901 | -€87,685 | -€805,309 | -€717,624 | -818% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €243,068 | €379,775 | +€136,708 | +56.2% |
| Recurring financial charges | 65 | €243,068 | €379,775 | +€136,708 | +56.2% |
| Profit (loss) for the period before taxes | 9903 | -€330,753 | -€1,185,085 | -€854,331 | -258% |
| Income taxes | 67/77 | €1,277 | €1,036 | -€241 | -18.9% |
| Profit (loss) for the period | 9904 | -€332,031 | -€1,186,121 | -€854,090 | -257% |
| Profit (loss) for the period to be appropriated | 9905 | -€332,031 | -€1,186,121 | -€854,090 | -257% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.