HERBALGEM: 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.
What changed
HERBALGEM
NACE 01.130, Growing of vegetables, melons, roots and tubers
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€4.7m
2024 · €4.2m+€498,455
Equity
€2.3m
2024 · €2.3m
Cash
€450,484
2024 · €327,895+€122,589
Balance sheet total
€8.0m
2024 · €8.3m-€248,857
Largest movements
Assets
- Stocks and contracts -€345,138
down €345,138 (-10.9%), from €3.2m to €2.8m
- Receivables within one year +€165,818
up €165,818 (+4.0%), from €4.2m to €4.4m
of which Trade receivables: +€156,245
- Cash +€122,589
up €122,589 (+37.4%), from €327,895 to €450,484
mainly Net result for the year (+€4.7m) and Other debts (+€498,455)
- Deferred charges and accrued income -€100,292
down €100,292 (-97.5%), from €102,845 to €2,553
Equity and liabilities
- Tax, wage and social debts -€784,389
down €784,389 (-57.8%), from €1.4m to €572,308
of which Taxes: -€750,214
- Other debts +€498,455
up €498,455 (+11.7%), from €4.2m to €4.7m
Income statement
- Turnover +€874,694
up €874,694 (+8.8%), from €9.9m to €10.8m
- Taxes +€176,894
up €176,894 (+12.3%), from €1.4m to €1.6m
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.
Result 2024
€4.2m
Turnover
+€874,694
Other operating income
-€5,599
Goods and materials
+€38,328
Services and other goods
-€60,452
Staff costs
+€49,290
Depreciation
-€13,879
Write-downs
-€105,818
Other operating charges
+€166
Other operating items
+€50,331
Financial income
-€99,303
Financial charges
-€52,408
Taxes
-€176,894
Result 2025
€4.7m
Cash bridge derived
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.
From operations
+€5.0m
Investment
-€101,606
Financing
-€4.7m
Cash 2024
€327,895
From operations (derived)
+€5.0m
Net result for the year
+€4.7m
Depreciation
+€193,441
Stocks and contracts
+€345,138
Receivables within one year
-€165,818
Deferred charges and accrued income
+€100,292
Trade debts
-€13,442
Tax, wage and social debts
-€784,389
Other debts
+€498,455
Accrued charges and deferred income
+€50,519
Investment (derived)
-€101,606
Investment in fixed assets (net)
-€101,606
Financing
-€4.7m
Contributions, distributions and other
-€4.7m
Cash 2025
€450,484
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,263,129 | €8,014,271 | -€248,857 | -3.0% |
| Fixed assets | 21/28 | €482,480 | €390,645 | -€91,835 | -19.0% |
| Intangible fixed assets | 21 | €116,966 | €85,800 | -€31,166 | -26.6% |
| Tangible fixed assets | 22/27 | €355,068 | €294,399 | -€60,670 | -17.1% |
| Land and buildings | 22 | €22,379 | €75,539 | +€53,160 | +237.5% |
| Plant, machinery and equipment | 23 | €269,564 | €167,148 | -€102,416 | -38.0% |
| Furniture and vehicles | 24 | €12,233 | €8,301 | -€3,932 | -32.1% |
| Other tangible fixed assets | 26 | €50,891 | €43,410 | -€7,481 | -14.7% |
| Financial fixed assets | 28 | €10,447 | €10,447 | = | 0.0% |
| Affiliated companies | 280/1 | €10,208 | €10,208 | = | 0.0% |
| Participating interests | 280 | €10,000 | €10,000 | = | 0.0% |
| Amounts receivable | 281 | €208 | €208 | = | 0.0% |
| Other financial fixed assets | 284/8 | €238 | €238 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €238 | €238 | = | 0.0% |
| Current assets | 29/58 | €7,780,649 | €7,623,626 | -€157,022 | -2.0% |
| Stocks and contracts in progress | 3 | €3,157,608 | €2,812,470 | -€345,138 | -10.9% |
| Stocks | 30/36 | €3,157,608 | €2,812,470 | -€345,138 | -10.9% |
| Goods purchased for resale | 34 | €3,157,608 | €2,812,470 | -€345,138 | -10.9% |
| Amounts receivable within one year | 40/41 | €4,192,301 | €4,358,119 | +€165,818 | +4.0% |
| Trade receivables | 40 | €4,075,878 | €4,232,123 | +€156,245 | +3.8% |
| Other amounts receivable | 41 | €116,423 | €125,997 | +€9,573 | +8.2% |
| Cash at bank and in hand | 54/58 | €327,895 | €450,484 | +€122,589 | +37.4% |
| Deferred charges and accrued income | 490/1 | €102,845 | €2,553 | -€100,292 | -97.5% |
| Total equity and liabilities | 10/49 | €8,263,129 | €8,014,271 | -€248,857 | -3.0% |
| Equity | 10/15 | €2,298,148 | €2,298,148 | = | 0.0% |
| Contributions | 10/11 | €96,910 | €96,910 | = | 0.0% |
| Capital | 10 | €96,910 | €96,910 | = | 0.0% |
| Issued capital | 100 | €96,910 | €96,910 | = | 0.0% |
| Reserves | 13 | €753,691 | €753,691 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,691 | €9,691 | = | 0.0% |
| Legal reserve | 130 | €9,691 | €9,691 | = | 0.0% |
| Distributable reserves | 133 | €744,000 | €744,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,447,547 | €1,447,547 | = | 0.0% |
| Amounts payable | 17/49 | €5,964,980 | €5,716,123 | -€248,857 | -4.2% |
| Amounts payable within one year | 42/48 | €5,964,980 | €5,665,604 | -€299,376 | -5.0% |
| Trade debts | 44 | €359,064 | €345,622 | -€13,442 | -3.7% |
| Suppliers | 440/4 | €359,064 | €345,622 | -€13,442 | -3.7% |
| Taxes, remuneration and social security | 45 | €1,356,697 | €572,308 | -€784,389 | -57.8% |
| Taxes | 450/3 | €1,159,135 | €408,921 | -€750,214 | -64.7% |
| Remuneration and social security | 454/9 | €197,562 | €163,387 | -€34,175 | -17.3% |
| Other amounts payable | 47/48 | €4,249,220 | €4,747,675 | +€498,455 | +11.7% |
| Accrued charges and deferred income | 492/3 | €0 | €50,519 | +€50,519 | |
| Operating income | 70/76A | €9,950,183 | €10,807,407 | +€857,225 | +8.6% |
| Turnover | 70 | €9,911,970 | €10,786,664 | +€874,694 | +8.8% |
| Other operating income | 74 | €18,213 | €12,614 | -€5,599 | -30.7% |
| Non-recurring operating income | 76A | €20,000 | €8,129 | -€11,871 | -59.4% |
| Operating charges | 60/66A | €4,355,561 | €4,385,725 | +€30,164 | +0.7% |
| Goods for resale, raw materials and consumables | 60 | €2,506,333 | €2,468,005 | -€38,328 | -1.5% |
| Purchases | 600/8 | €2,099,588 | €2,232,679 | +€133,091 | +6.3% |
| Change in stocks: decrease (increase) | 609 | €406,745 | €235,326 | -€171,419 | -42.1% |
| Services and other goods | 61 | €732,647 | €793,099 | +€60,452 | +8.3% |
| Remuneration, social security and pensions | 62 | €867,762 | €818,473 | -€49,290 | -5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €179,562 | €193,441 | +€13,879 | +7.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,994 | €109,812 | +€105,818 | +2649.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | - | = | |
| Other operating charges | 640/8 | €3,061 | €2,896 | -€166 | -5.4% |
| Non-recurring operating charges | 66A | €62,202 | €0 | -€62,202 | -100.0% |
| Operating profit (loss) | 9901 | €5,594,622 | €6,421,682 | +€827,061 | +14.8% |
| Financial income | 75/76B | €99,303 | €0 | -€99,303 | -100.0% |
| Recurring financial income | 75 | €99,303 | €0 | -€99,303 | -100.0% |
| Income from current assets | 751 | €99,110 | €0 | -€99,110 | -100.0% |
| Other financial income | 752/9 | €193 | €0 | -€193 | -100.0% |
| Financial charges | 65/66B | €3,692 | €56,100 | +€52,408 | +1419.6% |
| Recurring financial charges | 65 | €3,692 | €56,100 | +€52,408 | +1419.6% |
| Debt charges | 650 | €2,996 | €55,099 | +€52,103 | +1739.0% |
| Other financial charges | 652/9 | €696 | €1,001 | +€305 | +43.9% |
| Profit (loss) for the period before taxes | 9903 | €5,690,233 | €6,365,582 | +€675,349 | +11.9% |
| Income taxes | 67/77 | €1,441,013 | €1,617,907 | +€176,894 | +12.3% |
| Taxes | 670/3 | €1,441,013 | €1,617,907 | +€176,894 | +12.3% |
| Profit (loss) for the period | 9904 | €4,249,220 | €4,747,675 | +€498,455 | +11.7% |
| Profit (loss) for the period to be appropriated | 9905 | €4,249,220 | €4,747,675 | +€498,455 | +11.7% |
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 11 October 2026 via checked.be.