GRAINETERIE D'HEDENGE: 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.
GRAINETERIE D'HEDENGE
Largest movements
- Cash -€42,768
down €42,768 (-98.8%), from €43,305 to €537
mainly Debts after one year (-€23,400) and Investment in fixed assets (net) (-€22,378)
- Receivables within one year +€14,281
up €14,281 (+30.6%), from €46,716 to €60,997
- Tangible fixed assets -€11,163
down €11,163 (-7.3%), from €153,845 to €142,682
of which Plant, machinery and equipment: -€10,769
- Debts after one year -€23,400
down €23,400 (-24.7%), from €94,800 to €71,400
- Tax, wage and social debts -€14,286
down €14,286 (-85.8%), from €16,643 to €2,357
- Reserves +€10,450
up €10,450 (+15.7%), from €66,661 to €77,111
of which Distributable reserves: +€16,100
- Trade debts -€4,173
down €4,173 (-16.0%), from €26,157 to €21,984
- Other debts -€3,320
down €3,320 (-63.8%), from €5,200 to €1,880
- Gross operating margin -€38,179
down €38,179 (-41.3%), from €92,477 to €54,298
- Taxes -€3,756
down €3,756 (-36.1%), from €10,393 to €6,637
- Depreciation +€3,101
up €3,101 (+10.2%), from €30,440 to €33,542
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 | €252,152 | €213,804 | -€38,349 | -15.2% |
| Fixed assets | 21/28 | €153,845 | €142,682 | -€11,163 | -7.3% |
| Tangible fixed assets | 22/27 | €153,845 | €142,682 | -€11,163 | -7.3% |
| Land and buildings | 22 | €2,479 | €2,479 | = | 0.0% |
| Plant, machinery and equipment | 23 | €149,702 | €138,933 | -€10,769 | -7.2% |
| Furniture and vehicles | 24 | €1,664 | €1,271 | -€394 | -23.7% |
| Current assets | 29/58 | €98,307 | €71,121 | -€27,186 | -27.7% |
| Stocks and contracts in progress | 3 | €8,286 | €9,587 | +€1,302 | +15.7% |
| Stocks | 30/36 | €8,286 | €9,587 | +€1,302 | +15.7% |
| Amounts receivable within one year | 40/41 | €46,716 | €60,997 | +€14,281 | +30.6% |
| Trade receivables | 40 | €46,716 | €60,997 | +€14,281 | +30.6% |
| Cash at bank and in hand | 54/58 | €43,305 | €537 | -€42,768 | -98.8% |
| Total equity and liabilities | 10/49 | €252,152 | €213,804 | -€38,349 | -15.2% |
| Equity | 10/15 | €79,205 | €87,285 | +€8,080 | +10.2% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €66,661 | €77,111 | +€10,450 | +15.7% |
| Non-distributable reserves | 130/1 | €1,900 | - | -€1,900 | |
| Reserves not available under the articles | 1311 | €1,900 | - | -€1,900 | |
| Tax-exempt reserves | 132 | €20,361 | €16,611 | -€3,750 | -18.4% |
| Distributable reserves | 133 | €44,400 | €60,500 | +€16,100 | +36.3% |
| Profit (loss) carried forward | 14 | €6,347 | €3,977 | -€2,370 | -37.3% |
| Provisions and deferred taxes | 16 | €6,748 | €5,498 | -€1,250 | -18.5% |
| Deferred taxes | 168 | €6,748 | €5,498 | -€1,250 | -18.5% |
| Amounts payable | 17/49 | €166,200 | €121,021 | -€45,179 | -27.2% |
| Amounts payable after more than one year | 17 | €94,800 | €71,400 | -€23,400 | -24.7% |
| Financial debts | 170/4 | €94,800 | €71,400 | -€23,400 | -24.7% |
| Amounts payable within one year | 42/48 | €71,400 | €49,621 | -€21,779 | -30.5% |
| Current portion of amounts payable after more than one year | 42 | €23,400 | €23,400 | = | 0.0% |
| Trade debts | 44 | €26,157 | €21,984 | -€4,173 | -16.0% |
| Suppliers | 440/4 | €26,157 | €21,984 | -€4,173 | -16.0% |
| Taxes, remuneration and social security | 45 | €16,643 | €2,357 | -€14,286 | -85.8% |
| Taxes | 450/3 | €16,643 | €2,357 | -€14,286 | -85.8% |
| Other amounts payable | 47/48 | €5,200 | €1,880 | -€3,320 | -63.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,440 | €33,542 | +€3,101 | +10.2% |
| Other operating charges | 640/8 | €627 | €995 | +€368 | +58.6% |
| Gross operating margin | 9900 | €92,477 | €54,298 | -€38,179 | -41.3% |
| Operating profit (loss) | 9901 | €61,409 | €19,762 | -€41,648 | -67.8% |
| Financial charges | 65/66B | €3,025 | €3,895 | +€870 | +28.7% |
| Recurring financial charges | 65 | €3,025 | €3,895 | +€870 | +28.7% |
| Profit (loss) for the period before taxes | 9903 | €58,384 | €15,867 | -€42,517 | -72.8% |
| Transfer from deferred taxes | 780 | €1,145 | €1,250 | +€105 | +9.2% |
| Transfer to deferred taxes | 680 | €5,750 | - | -€5,750 | |
| Income taxes | 67/77 | €10,393 | €6,637 | -€3,756 | -36.1% |
| Profit (loss) for the period | 9904 | €43,386 | €10,480 | -€32,906 | -75.8% |
| Transfer from tax-exempt reserves | 789 | €3,318 | €3,750 | +€432 | +13.0% |
| Transfer to tax-exempt reserves | 689 | €17,250 | - | -€17,250 | |
| Profit (loss) for the period to be appropriated | 9905 | €29,454 | €14,230 | -€15,224 | -51.7% |
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 23 October 2026 via checked.be.