HB Kwekerij: what changed
HB Kwekerij
Largest movements
- Receivables within one year +€79,972
up €79,972 (+18.4%), from €433,672 to €513,644
of which Trade receivables: +€75,386
- Stocks and contracts -€24,782
down €24,782 (-69.8%), from €35,482 to €10,700
- Tangible fixed assets -€8,580
down €8,580 (-48.7%), from €17,605 to €9,025
- Reserves +€32,587
up €32,587 (+8.7%), from €376,555 to €409,142
of which Distributable reserves: +€32,587
- Trade debts +€9,596
up €9,596 (+8.7%), from €109,855 to €119,451
- Gross operating margin +€78,980
up €78,980, from -€55,639 to €23,342
- Financial income -€3,885
down €3,885 (-13.1%), from €29,678 to €25,793
- Other operating charges +€1,100
up €1,100 (+87.9%), from €1,252 to €2,352
- Financial charges -€1,070
down €1,070 (-16.0%), from €6,685 to €5,615
- Depreciation -€663
down €663 (-7.2%), from €9,243 to €8,580
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €492,613 | €535,651 | +€43,038 | +8.7% |
| Fixed assets | 21/28 | €17,605 | €9,025 | -€8,580 | -48.7% |
| Tangible fixed assets | 22/27 | €17,605 | €9,025 | -€8,580 | -48.7% |
| Plant, machinery and equipment | 23 | €17,605 | €9,025 | -€8,580 | -48.7% |
| Current assets | 29/58 | €475,008 | €526,626 | +€51,618 | +10.9% |
| Stocks and contracts in progress | 3 | €35,482 | €10,700 | -€24,782 | -69.8% |
| Stocks | 30/36 | €35,482 | €10,700 | -€24,782 | -69.8% |
| Amounts receivable within one year | 40/41 | €433,672 | €513,644 | +€79,972 | +18.4% |
| Trade receivables | 40 | €119,956 | €195,342 | +€75,386 | +62.8% |
| Other amounts receivable | 41 | €313,716 | €318,303 | +€4,586 | +1.5% |
| Cash at bank and in hand | 54/58 | €2,014 | €1,416 | -€599 | -29.7% |
| Deferred charges and accrued income | 490/1 | €3,839 | €866 | -€2,973 | -77.4% |
| Total equity and liabilities | 10/49 | €492,613 | €535,651 | +€43,038 | +8.7% |
| Equity | 10/15 | €382,755 | €415,342 | +€32,587 | +8.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €376,555 | €409,142 | +€32,587 | +8.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €374,695 | €407,282 | +€32,587 | +8.7% |
| Amounts payable | 17/49 | €109,857 | €120,309 | +€10,452 | +9.5% |
| Amounts payable within one year | 42/48 | €109,857 | €120,309 | +€10,452 | +9.5% |
| Trade debts | 44 | €109,855 | €119,451 | +€9,596 | +8.7% |
| Suppliers | 440/4 | €109,855 | €119,451 | +€9,596 | +8.7% |
| Taxes, remuneration and social security | 45 | - | €856 | +€856 | |
| Taxes | 450/3 | - | €856 | +€856 | |
| Other amounts payable | 47/48 | €2 | €2 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,243 | €8,580 | -€663 | -7.2% |
| Other operating charges | 640/8 | €1,252 | €2,352 | +€1,100 | +87.9% |
| Gross operating margin | 9900 | -€55,639 | €23,342 | +€78,980 | |
| Operating profit (loss) | 9901 | -€66,134 | €12,409 | +€78,543 | |
| Financial income | 75/76B | €29,678 | €25,793 | -€3,885 | -13.1% |
| Recurring financial income | 75 | €29,678 | €25,793 | -€3,885 | -13.1% |
| Financial charges | 65/66B | €6,685 | €5,615 | -€1,070 | -16.0% |
| Recurring financial charges | 65 | €6,685 | €5,615 | -€1,070 | -16.0% |
| Profit (loss) for the period before taxes | 9903 | -€43,141 | €32,587 | +€75,728 | |
| Profit (loss) for the period | 9904 | -€43,141 | €32,587 | +€75,728 | |
| Profit (loss) for the period to be appropriated | 9905 | -€43,141 | €32,587 | +€75,728 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.