Herderhofke: 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.
Herderhofke
Largest movements
- Cash +€41,270
up €41,270 (+131.3%), from €31,426 to €72,696
mainly Net result for the year (+€31,120) and Depreciation (+€15,690)
- Tangible fixed assets -€10,515
down €10,515 (-12.0%), from €87,494 to €76,979
- Deferred charges and accrued income -€5,356
down €5,356 (-32.9%), from €16,267 to €10,911
- Receivables within one year -€1,860
down €1,860 (-93.5%), from €1,990 to €130
of which Other amounts receivable: -€933
- Reserves +€31,120
up €31,120 (+61.8%), from €50,337 to €81,457
- Tax, wage and social debts -€7,472
down €7,472 (-36.4%), from €20,554 to €13,082
of which Taxes: -€5,731
- Other debts +€3,340
up €3,340 (+6.0%), from €55,444 to €58,784
- Advances received -€2,790
down €2,790 (-95.7%), from €2,915 to €125
- Gross operating margin -€39,446
down €39,446 (-24.5%), from €160,726 to €121,281
- Staff costs -€19,056
down €19,056 (-25.0%), from €76,157 to €57,101
- Other operating charges -€2,594
down €2,594 (-55.9%), from €4,640 to €2,046
- Depreciation +€2,017
up €2,017 (+14.8%), from €13,673 to €15,690
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €138,428 | €161,816 | +€23,389 | +16.9% |
| Fixed assets | 21/28 | €87,494 | €76,979 | -€10,515 | -12.0% |
| Tangible fixed assets | 22/27 | €87,494 | €76,979 | -€10,515 | -12.0% |
| Land and buildings | 22 | €23,631 | €20,969 | -€2,662 | -11.3% |
| Plant, machinery and equipment | 23 | €26,305 | €23,447 | -€2,859 | -10.9% |
| Furniture and vehicles | 24 | €37,558 | €32,563 | -€4,994 | -13.3% |
| Current assets | 29/58 | €50,934 | €84,837 | +€33,904 | +66.6% |
| Stocks and contracts in progress | 3 | €1,250 | €1,100 | -€150 | -12.0% |
| Stocks | 30/36 | €1,250 | €1,100 | -€150 | -12.0% |
| Amounts receivable within one year | 40/41 | €1,990 | €130 | -€1,860 | -93.5% |
| Trade receivables | 40 | €1,052 | €125 | -€927 | -88.1% |
| Other amounts receivable | 41 | €937 | €5 | -€933 | -99.5% |
| Cash at bank and in hand | 54/58 | €31,426 | €72,696 | +€41,270 | +131.3% |
| Deferred charges and accrued income | 490/1 | €16,267 | €10,911 | -€5,356 | -32.9% |
| Total equity and liabilities | 10/49 | €138,428 | €161,816 | +€23,389 | +16.9% |
| Equity | 10/15 | €56,337 | €87,457 | +€31,120 | +55.2% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €50,337 | €81,457 | +€31,120 | +61.8% |
| Distributable reserves | 133 | €50,337 | €81,457 | +€31,120 | +61.8% |
| Amounts payable | 17/49 | €82,091 | €74,359 | -€7,731 | -9.4% |
| Amounts payable within one year | 42/48 | €82,091 | €74,359 | -€7,731 | -9.4% |
| Trade debts | 44 | €3,177 | €2,367 | -€810 | -25.5% |
| Suppliers | 440/4 | €3,177 | €2,367 | -€810 | -25.5% |
| Advances received on contracts in progress | 46 | €2,915 | €125 | -€2,790 | -95.7% |
| Taxes, remuneration and social security | 45 | €20,554 | €13,082 | -€7,472 | -36.4% |
| Taxes | 450/3 | €11,163 | €5,432 | -€5,731 | -51.3% |
| Remuneration and social security | 454/9 | €9,392 | €7,650 | -€1,742 | -18.5% |
| Other amounts payable | 47/48 | €55,444 | €58,784 | +€3,340 | +6.0% |
| Remuneration, social security and pensions | 62 | €76,157 | €57,101 | -€19,056 | -25.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,673 | €15,690 | +€2,017 | +14.8% |
| Other operating charges | 640/8 | €4,640 | €2,046 | -€2,594 | -55.9% |
| Gross operating margin | 9900 | €160,726 | €121,281 | -€39,446 | -24.5% |
| Operating profit (loss) | 9901 | €66,257 | €46,444 | -€19,813 | -29.9% |
| Financial income | 75/76B | €86 | €80 | -€6 | -7.4% |
| Recurring financial income | 75 | €86 | €80 | -€6 | -7.4% |
| Financial charges | 65/66B | €167 | €291 | +€124 | +74.7% |
| Recurring financial charges | 65 | €167 | €291 | +€124 | +74.7% |
| Profit (loss) for the period before taxes | 9903 | €66,176 | €46,233 | -€19,944 | -30.1% |
| Income taxes | 67/77 | €15,839 | €15,113 | -€726 | -4.6% |
| Profit (loss) for the period | 9904 | €50,337 | €31,120 | -€19,217 | -38.2% |
| Profit (loss) for the period to be appropriated | 9905 | €50,337 | €31,120 | -€19,217 | -38.2% |
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 12 October 2026 via checked.be.