Herkenrodebos: 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.
Herkenrodebos
Largest movements
- Receivables within one year +€15,165
up €15,165 (+273%), from €5,548 to €20,713
of which Trade receivables: +€11,220
- Tangible fixed assets -€6,387
down €6,387 (-6.1%), from €104,731 to €98,344
of which Plant, machinery and equipment: -€5,198
- Reserves +€19,489
up €19,489 (+11.0%), from €176,938 to €196,427
of which Distributable reserves: +€19,489
- Debts after one year -€5,282
down €5,282 (-53.1%), from €9,952 to €4,670
- Tax, wage and social debts -€4,769
down €4,769 (-36.3%), from €13,130 to €8,361
- Other debts -€3,009
down €3,009 (-9.0%), from €33,323 to €30,313
- Gross operating margin +€13,689
up €13,689 (+37.4%), from €36,563 to €50,251
- Taxes +€4,249
up €4,249 (+101%), from €4,213 to €8,462
- Financial charges -€2,557
down €2,557 (-42.2%), from €6,056 to €3,499
- Other operating charges +€1,827
up €1,827 (+43.7%), from €4,181 to €6,008
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.
Derived cash bridge
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 | €250,861 | €257,894 | +€7,033 | +2.8% |
| Fixed assets | 21/28 | €104,731 | €98,344 | -€6,387 | -6.1% |
| Tangible fixed assets | 22/27 | €104,731 | €98,344 | -€6,387 | -6.1% |
| Land and buildings | 22 | €74,173 | €73,755 | -€418 | -0.6% |
| Plant, machinery and equipment | 23 | €27,589 | €22,391 | -€5,198 | -18.8% |
| Furniture and vehicles | 24 | €2,969 | €2,198 | -€770 | -26.0% |
| Current assets | 29/58 | €146,130 | €159,550 | +€13,420 | +9.2% |
| Amounts receivable within one year | 40/41 | €5,548 | €20,713 | +€15,165 | +273% |
| Trade receivables | 40 | €3,484 | €14,704 | +€11,220 | +322% |
| Other amounts receivable | 41 | €2,064 | €6,009 | +€3,945 | +191% |
| Cash at bank and in hand | 54/58 | €139,777 | €138,094 | -€1,683 | -1.2% |
| Deferred charges and accrued income | 490/1 | €805 | €743 | -€62 | -7.7% |
| Total equity and liabilities | 10/49 | €250,861 | €257,894 | +€7,033 | +2.8% |
| Equity | 10/15 | €183,138 | €202,627 | +€19,489 | +10.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €176,938 | €196,427 | +€19,489 | +11.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €176,938 | €196,427 | +€19,489 | +11.0% |
| Amounts payable | 17/49 | €67,723 | €55,267 | -€12,457 | -18.4% |
| Amounts payable after more than one year | 17 | €9,952 | €4,670 | -€5,282 | -53.1% |
| Financial debts | 170/4 | €9,952 | €4,670 | -€5,282 | -53.1% |
| Amounts payable within one year | 42/48 | €57,771 | €48,996 | -€8,775 | -15.2% |
| Current portion of amounts payable after more than one year | 42 | €5,169 | €5,282 | +€113 | +2.2% |
| Trade debts | 44 | €6,149 | €5,040 | -€1,109 | -18.0% |
| Suppliers | 440/4 | €6,149 | €5,040 | -€1,109 | -18.0% |
| Taxes, remuneration and social security | 45 | €13,130 | €8,361 | -€4,769 | -36.3% |
| Taxes | 450/3 | €13,130 | €8,361 | -€4,769 | -36.3% |
| Other amounts payable | 47/48 | €33,323 | €30,313 | -€3,009 | -9.0% |
| Accrued charges and deferred income | 492/3 | €0 | €1,600 | +€1,600 | |
| Non-recurring operating income | 76A | €331 | €0 | -€331 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,898 | €12,824 | -€74 | -0.6% |
| Other operating charges | 640/8 | €4,181 | €6,008 | +€1,827 | +43.7% |
| Gross operating margin | 9900 | €36,563 | €50,251 | +€13,689 | +37.4% |
| Operating profit (loss) | 9901 | €19,484 | €31,419 | +€11,936 | +61.3% |
| Financial income | 75/76B | €6 | €31 | +€25 | +405% |
| Recurring financial income | 75 | €6 | €31 | +€25 | +405% |
| Financial charges | 65/66B | €6,056 | €3,499 | -€2,557 | -42.2% |
| Recurring financial charges | 65 | €6,056 | €3,499 | -€2,557 | -42.2% |
| Profit (loss) for the period before taxes | 9903 | €13,434 | €27,951 | +€14,517 | +108% |
| Income taxes | 67/77 | €4,213 | €8,462 | +€4,249 | +101% |
| Profit (loss) for the period | 9904 | €9,221 | €19,489 | +€10,269 | +111% |
| Profit (loss) for the period to be appropriated | 9905 | €9,221 | €19,489 | +€10,269 | +111% |
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 31 October 2026 via checked.be.