HET GERUCHT: 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.
HET GERUCHT
Largest movements
- Cash -€26,105
down €26,105 (-54.4%), from €48,003 to €21,898
mainly Receivables within one year (-€17,905) and Other debts (-€15,571)
- Receivables within one year +€17,905
up €17,905 (+139%), from €12,914 to €30,820
of which Trade receivables: +€14,391
- Other debts -€15,571
down €15,571 (-23.3%), from €66,884 to €51,312
- Profit (loss) carried forward +€6,339
up €6,339 (+20.3%), from -€31,274 to -€24,934
- Taxes -€2,293
no longer reported in 2025 (was €2,293)
- Other operating charges -€2,121
down €2,121 (-94.4%), from €2,246 to €125
- Depreciation -€296
down €296 (-22.4%), from €1,322 to €1,026
- Financial income -€174
down €174 (-99.9%), from €174 to €0
- Gross operating margin +€128
up €128 (+1.6%), from €8,151 to €8,278
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 | €64,282 | €55,610 | -€8,672 | -13.5% |
| Fixed assets | 21/28 | €3,209 | €2,878 | -€331 | -10.3% |
| Tangible fixed assets | 22/27 | €2,349 | €2,018 | -€331 | -14.1% |
| Plant, machinery and equipment | 23 | €1,584 | €1,137 | -€447 | -28.2% |
| Furniture and vehicles | 24 | €765 | €881 | +€116 | +15.2% |
| Financial fixed assets | 28 | €860 | €860 | = | 0.0% |
| Current assets | 29/58 | €61,073 | €52,732 | -€8,341 | -13.7% |
| Amounts receivable within one year | 40/41 | €12,914 | €30,820 | +€17,905 | +139% |
| Trade receivables | 40 | €10,556 | €24,947 | +€14,391 | +136% |
| Other amounts receivable | 41 | €2,358 | €5,872 | +€3,514 | +149% |
| Cash at bank and in hand | 54/58 | €48,003 | €21,898 | -€26,105 | -54.4% |
| Deferred charges and accrued income | 490/1 | €155 | €14 | -€141 | -91.0% |
| Total equity and liabilities | 10/49 | €64,282 | €55,610 | -€8,672 | -13.5% |
| Equity | 10/15 | -€5,617 | €723 | +€6,339 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €5,657 | €5,657 | = | 0.0% |
| Distributable reserves | 133 | €5,657 | €5,657 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,274 | -€24,934 | +€6,339 | +20.3% |
| Amounts payable | 17/49 | €69,898 | €54,887 | -€15,011 | -21.5% |
| Amounts payable within one year | 42/48 | €67,498 | €52,187 | -€15,311 | -22.7% |
| Trade debts | 44 | €614 | €875 | +€261 | +42.4% |
| Suppliers | 440/4 | €614 | €875 | +€261 | +42.4% |
| Other amounts payable | 47/48 | €66,884 | €51,312 | -€15,571 | -23.3% |
| Accrued charges and deferred income | 492/3 | €2,400 | €2,700 | +€300 | +12.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,322 | €1,026 | -€296 | -22.4% |
| Other operating charges | 640/8 | €2,246 | €125 | -€2,121 | -94.4% |
| Non-recurring operating charges | 66A | - | €338 | +€338 | |
| Gross operating margin | 9900 | €8,151 | €8,278 | +€128 | +1.6% |
| Operating profit (loss) | 9901 | €4,582 | €6,790 | +€2,207 | +48.2% |
| Financial income | 75/76B | €174 | €0 | -€174 | -99.9% |
| Recurring financial income | 75 | €174 | €0 | -€174 | -99.9% |
| Financial charges | 65/66B | €417 | €451 | +€34 | +8.2% |
| Recurring financial charges | 65 | €417 | €451 | +€34 | +8.2% |
| Profit (loss) for the period before taxes | 9903 | €4,340 | €6,339 | +€2,000 | +46.1% |
| Income taxes | 67/77 | €2,293 | - | -€2,293 | |
| Profit (loss) for the period | 9904 | €2,047 | €6,339 | +€4,292 | +210% |
| Profit (loss) for the period to be appropriated | 9905 | €2,047 | €6,339 | +€4,292 | +210% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.