HERKENRODE: 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.
HERKENRODE
Largest movements
- Tangible fixed assets -€31,162
down €31,162 (-66.0%), from €47,244 to €16,082
- Current assets -€24,264
down €24,264 (-6.7%), from €361,262 to €336,998
of which Cash: -€267,779
- Debts -€37,939
down €37,939 (-59.7%), from €63,544 to €25,605
of which Debts within one year: -€38,446
- Profit (loss) carried forward -€17,487
down €17,487 (-5.1%), from €344,962 to €327,475
- Gross operating margin -€167,987
down €167,987 (-99.8%), from €168,378 to €391
- Depreciation -€9,412
down €9,412 (-70.7%), from €13,304 to €3,892
From the 2011 result to the 2012 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2011 | 2012 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €408,506 | €353,080 | -€55,426 | -13.6% |
| Fixed assets | 21/28 | €47,244 | €16,082 | -€31,162 | -66.0% |
| Tangible fixed assets | 22/27 | €47,244 | €16,082 | -€31,162 | -66.0% |
| Current assets | 29/58 | €361,262 | €336,998 | -€24,264 | -6.7% |
| Stocks and contracts in progress | 3 | €8,679 | €34,627 | +€25,948 | +299.0% |
| Amounts receivable within one year | 40/41 | €40,589 | €31,966 | -€8,623 | -21.2% |
| Current investments | 50/53 | - | €225,876 | +€225,876 | |
| Cash at bank and in hand | 54/58 | €305,737 | €37,958 | -€267,779 | -87.6% |
| Total equity and liabilities | 10/49 | €408,506 | €353,080 | -€55,426 | -13.6% |
| Equity | 10/15 | €344,962 | €327,475 | -€17,487 | -5.1% |
| Profit (loss) carried forward | 14 | €344,962 | €327,475 | -€17,487 | -5.1% |
| Amounts payable | 17/49 | €63,544 | €25,605 | -€37,939 | -59.7% |
| Amounts payable after more than one year | 17 | €15,002 | €15,002 | = | 0.0% |
| Amounts payable within one year | 42/48 | €45,971 | €7,525 | -€38,446 | -83.6% |
| Trade debts | 44 | €30,669 | €7,525 | -€23,144 | -75.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,304 | €3,892 | -€9,412 | -70.7% |
| Gross operating margin | 9900 | €168,378 | €391 | -€167,987 | -99.8% |
| Operating profit (loss) | 9901 | -€47,469 | -€9,078 | +€38,390 | +80.9% |
| Recurring financial income | 75 | €5,092 | €5,927 | +€835 | +16.4% |
| Recurring financial charges | 65 | €114 | €40 | -€74 | -64.6% |
| Profit (loss) for the period before taxes | 9903 | -€42,491 | -€3,192 | +€39,299 | +92.5% |
| Profit (loss) for the period | 9904 | -€42,960 | -€17,487 | +€25,473 | +59.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2011 and 31 December 2012. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.