Hernalsteens - Jardins: what changed
Hernalsteens - Jardins
Largest movements
- Cash +€33,370
up €33,370 (+61.5%), from €54,299 to €87,669
mainly Net result for the year (+€29,331) and Depreciation (+€16,591)
- Tangible fixed assets -€16,591
down €16,591 (-35.8%), from €46,357 to €29,766
of which Furniture and vehicles: -€8,769
- Receivables within one year -€14,141
down €14,141 (-46.7%), from €30,311 to €16,171
of which Trade receivables: -€9,319
- Stocks and contracts +€1,717
up €1,717 (+193%), from €890 to €2,607
- Tax, wage and social debts +€11,687
up €11,687 (+193%), from €6,045 to €17,732
of which Taxes: +€15,558
- Debts after one year -€3,540
down €3,540 (-28.5%), from €12,439 to €8,899
- Other debts -€3,276
down €3,276 (-9.6%), from €34,253 to €30,977
- Current portion of long-term debt -€1,757
down €1,757 (-33.2%), from €5,297 to €3,540
- Trade debts +€1,535
up €1,535 (+12.7%), from €12,082 to €13,617
- Gross operating margin +€18,346
up €18,346 (+28.0%), from €65,634 to €83,979
- Staff costs +€9,048
up €9,048 (+67.8%), from €13,338 to €22,386
- Taxes +€5,532
up €5,532 (+78.0%), from €7,090 to €12,621
- Financial charges +€1,790
up €1,790 (+275%), from €650 to €2,440
- Depreciation -€1,272
down €1,272 (-7.1%), from €17,863 to €16,591
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €132,631 | €137,537 | +€4,906 | +3.7% |
| Fixed assets | 21/28 | €46,407 | €29,816 | -€16,591 | -35.8% |
| Tangible fixed assets | 22/27 | €46,357 | €29,766 | -€16,591 | -35.8% |
| Plant, machinery and equipment | 23 | €18,606 | €10,784 | -€7,822 | -42.0% |
| Furniture and vehicles | 24 | €27,751 | €18,982 | -€8,769 | -31.6% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €86,224 | €107,721 | +€21,497 | +24.9% |
| Stocks and contracts in progress | 3 | €890 | €2,607 | +€1,717 | +193% |
| Stocks | 30/36 | €890 | €2,607 | +€1,717 | +193% |
| Amounts receivable within one year | 40/41 | €30,311 | €16,171 | -€14,141 | -46.7% |
| Trade receivables | 40 | €20,639 | €11,321 | -€9,319 | -45.1% |
| Other amounts receivable | 41 | €9,672 | €4,850 | -€4,822 | -49.9% |
| Cash at bank and in hand | 54/58 | €54,299 | €87,669 | +€33,370 | +61.5% |
| Deferred charges and accrued income | 490/1 | €724 | €1,275 | +€551 | +76.1% |
| Total equity and liabilities | 10/49 | €132,631 | €137,537 | +€4,906 | +3.7% |
| Equity | 10/15 | €60,015 | €59,346 | -€669 | -1.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €39,260 | €39,260 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €37,400 | €37,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,155 | €1,486 | -€669 | -31.0% |
| Amounts payable | 17/49 | €72,616 | €78,192 | +€5,575 | +7.7% |
| Amounts payable after more than one year | 17 | €12,439 | €8,899 | -€3,540 | -28.5% |
| Financial debts | 170/4 | €12,439 | €8,899 | -€3,540 | -28.5% |
| Amounts payable within one year | 42/48 | €57,677 | €66,725 | +€9,048 | +15.7% |
| Current portion of amounts payable after more than one year | 42 | €5,297 | €3,540 | -€1,757 | -33.2% |
| Trade debts | 44 | €12,082 | €13,617 | +€1,535 | +12.7% |
| Suppliers | 440/4 | €12,082 | €13,617 | +€1,535 | +12.7% |
| Advances received on contracts in progress | 46 | - | €860 | +€860 | |
| Taxes, remuneration and social security | 45 | €6,045 | €17,732 | +€11,687 | +193% |
| Taxes | 450/3 | €523 | €16,081 | +€15,558 | +2,974% |
| Remuneration and social security | 454/9 | €5,522 | €1,651 | -€3,871 | -70.1% |
| Other amounts payable | 47/48 | €34,253 | €30,977 | -€3,276 | -9.6% |
| Accrued charges and deferred income | 492/3 | €2,500 | €2,567 | +€67 | +2.7% |
| Remuneration, social security and pensions | 62 | €13,338 | €22,386 | +€9,048 | +67.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,863 | €16,591 | -€1,272 | -7.1% |
| Other operating charges | 640/8 | €1,094 | €1,286 | +€192 | +17.6% |
| Gross operating margin | 9900 | €65,634 | €83,979 | +€18,346 | +28.0% |
| Operating profit (loss) | 9901 | €33,339 | €43,717 | +€10,378 | +31.1% |
| Financial income | 75/76B | €723 | €676 | -€48 | -6.6% |
| Recurring financial income | 75 | €723 | €676 | -€48 | -6.6% |
| Financial charges | 65/66B | €650 | €2,440 | +€1,790 | +275% |
| Recurring financial charges | 65 | €650 | €2,440 | +€1,790 | +275% |
| Profit (loss) for the period before taxes | 9903 | €33,412 | €41,952 | +€8,540 | +25.6% |
| Income taxes | 67/77 | €7,090 | €12,621 | +€5,532 | +78.0% |
| Profit (loss) for the period | 9904 | €26,323 | €29,331 | +€3,008 | +11.4% |
| Profit (loss) for the period to be appropriated | 9905 | €26,323 | €29,331 | +€3,008 | +11.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.