HERKENHOF: what changed
Two fiscal 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.
HERKENHOF
Largest movements
- Tangible fixed assets -€10,459
down €10,459 (-4.9%), from €214,170 to €203,711
of which Land and buildings: -€9,028
- Deferred charges and accrued income -€4,080
no longer reported in 2024 (was €4,080)
- Profit (loss) carried forward +€11,458
up €11,458 (+67.4%), from -€16,992 to -€5,534
- Other debts -€11,452
down €11,452 (-7.4%), from €155,086 to €143,634
- Debts after one year -€9,064
down €9,064 (-16.0%), from €56,552 to €47,488
- Short-term financial debts -€5,285
no longer reported in 2024 (was €5,285)
- Turnover +€14,031
up €14,031 (+31.7%), from €44,280 to €58,311
- Gross operating margin +€8,248
up €8,248 (+35.5%), from €23,222 to €31,470
- Purchases and services +€5,783
up €5,783 (+27.5%), from €21,058 to €26,841
- Taxes +€3,084
new in 2024: €3,084
- Financial charges +€2,157
up €2,157 (+212.1%), from €1,017 to €3,174
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €219,187 | €205,261 | -€13,926 | -6.4% |
| Fixed assets | 21/28 | €214,170 | €203,711 | -€10,459 | -4.9% |
| Tangible fixed assets | 22/27 | €214,170 | €203,711 | -€10,459 | -4.9% |
| Land and buildings | 22 | €208,755 | €199,727 | -€9,028 | -4.3% |
| Plant, machinery and equipment | 23 | €3,871 | €2,440 | -€1,431 | -37.0% |
| Furniture and vehicles | 24 | €1,544 | €1,544 | = | 0.0% |
| Current assets | 29/58 | €5,017 | €1,550 | -€3,467 | -69.1% |
| Amounts receivable within one year | 40/41 | €5 | €6 | +€1 | +20.0% |
| Other amounts receivable | 41 | €5 | €6 | +€1 | +20.0% |
| Cash at bank and in hand | 54/58 | €932 | €1,544 | +€612 | +65.7% |
| Deferred charges and accrued income | 490/1 | €4,080 | - | -€4,080 | |
| Total equity and liabilities | 10/49 | €219,187 | €205,261 | -€13,926 | -6.4% |
| Equity | 10/15 | €1,600 | €13,058 | +€11,458 | +716.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,992 | -€5,534 | +€11,458 | +67.4% |
| Amounts payable | 17/49 | €217,587 | €192,203 | -€25,384 | -11.7% |
| Amounts payable after more than one year | 17 | €56,552 | €47,488 | -€9,064 | -16.0% |
| Financial debts | 170/4 | €56,552 | €47,488 | -€9,064 | -16.0% |
| Amounts payable within one year | 42/48 | €161,035 | €144,715 | -€16,320 | -10.1% |
| Financial debts | 43 | €5,285 | - | -€5,285 | |
| Credit institutions | 430/8 | €5,285 | - | -€5,285 | |
| Trade debts | 44 | €664 | €1,081 | +€417 | +62.8% |
| Suppliers | 440/4 | €664 | €1,081 | +€417 | +62.8% |
| Other amounts payable | 47/48 | €155,086 | €143,634 | -€11,452 | -7.4% |
| Turnover | 70 | €44,280 | €58,311 | +€14,031 | +31.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €21,058 | €26,841 | +€5,783 | +27.5% |
| Remuneration, social security and pensions | 62 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,773 | €10,459 | -€314 | -2.9% |
| Other operating charges | 640/8 | €2,510 | €3,297 | +€787 | +31.4% |
| Gross operating margin | 9900 | €23,222 | €31,470 | +€8,248 | +35.5% |
| Operating profit (loss) | 9901 | €9,939 | €17,714 | +€7,775 | +78.2% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €1,017 | €3,174 | +€2,157 | +212.1% |
| Recurring financial charges | 65 | €1,017 | €3,174 | +€2,157 | +212.1% |
| Profit (loss) for the period before taxes | 9903 | €8,922 | €14,542 | +€5,620 | +63.0% |
| Income taxes | 67/77 | - | €3,084 | +€3,084 | |
| Profit (loss) for the period | 9904 | €8,922 | €11,458 | +€2,536 | +28.4% |
| Profit (loss) for the period to be appropriated | 9905 | €8,922 | €11,458 | +€2,536 | +28.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.