HET KRUIDENGILDE: 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 KRUIDENGILDE
Largest movements
- Receivables within one year -€9,783
down €9,783 (-68.0%), from €14,394 to €4,611
- Stocks and contracts -€7,398
down €7,398 (-4.3%), from €174,038 to €166,640
- Tangible fixed assets -€6,638
down €6,638 (-39.4%), from €16,867 to €10,229
- Cash -€3,737
down €3,737 (-3.6%), from €104,422 to €100,685
mainly Other debts (-€11,058) and Net result for the year (-€10,356)
- Other debts -€11,058
down €11,058 (-7.7%), from €144,200 to €133,142
- Reserves -€10,356
down €10,356 (-21.7%), from €47,632 to €37,276
of which Tax-exempt reserves: -€12,273
- Trade debts -€5,521
down €5,521 (-11.1%), from €49,762 to €44,242
- Gross operating margin -€14,272
down €14,272 (-14.1%), from €101,247 to €86,975
- Staff costs +€1,869
up €1,869 (+2.3%), from €82,140 to €84,008
- Other operating charges +€1,720
up €1,720 (+59.6%), from €2,885 to €4,605
- Taxes +€1,113
up €1,113 (+62.7%), from €1,776 to €2,889
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 | €312,696 | €285,325 | -€27,371 | -8.8% |
| Fixed assets | 21/28 | €16,867 | €10,229 | -€6,638 | -39.4% |
| Tangible fixed assets | 22/27 | €16,867 | €10,229 | -€6,638 | -39.4% |
| Land and buildings | 22 | €9,130 | €6,257 | -€2,873 | -31.5% |
| Plant, machinery and equipment | 23 | €4,738 | €2,472 | -€2,265 | -47.8% |
| Furniture and vehicles | 24 | €3,000 | €1,500 | -€1,500 | -50.0% |
| Current assets | 29/58 | €295,829 | €275,096 | -€20,733 | -7.0% |
| Stocks and contracts in progress | 3 | €174,038 | €166,640 | -€7,398 | -4.3% |
| Stocks | 30/36 | €174,038 | €166,640 | -€7,398 | -4.3% |
| Amounts receivable within one year | 40/41 | €14,394 | €4,611 | -€9,783 | -68.0% |
| Other amounts receivable | 41 | €14,394 | €4,611 | -€9,783 | -68.0% |
| Cash at bank and in hand | 54/58 | €104,422 | €100,685 | -€3,737 | -3.6% |
| Deferred charges and accrued income | 490/1 | €2,975 | €3,160 | +€185 | +6.2% |
| Total equity and liabilities | 10/49 | €312,696 | €285,325 | -€27,371 | -8.8% |
| Equity | 10/15 | €109,605 | €99,249 | -€10,356 | -9.4% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €47,632 | €37,276 | -€10,356 | -21.7% |
| Non-distributable reserves | 130/1 | €16,367 | €16,367 | = | 0.0% |
| Legal reserve | 130 | €16,367 | €16,367 | = | 0.0% |
| Tax-exempt reserves | 132 | €12,273 | - | -€12,273 | |
| Distributable reserves | 133 | €18,991 | €20,909 | +€1,917 | +10.1% |
| Amounts payable | 17/49 | €203,091 | €186,076 | -€17,015 | -8.4% |
| Amounts payable within one year | 42/48 | €203,091 | €186,076 | -€17,015 | -8.4% |
| Trade debts | 44 | €49,762 | €44,242 | -€5,521 | -11.1% |
| Suppliers | 440/4 | €49,762 | €44,242 | -€5,521 | -11.1% |
| Taxes, remuneration and social security | 45 | €9,129 | €8,692 | -€437 | -4.8% |
| Taxes | 450/3 | €2,467 | €2,190 | -€277 | -11.2% |
| Remuneration and social security | 454/9 | €6,662 | €6,502 | -€160 | -2.4% |
| Other amounts payable | 47/48 | €144,200 | €133,142 | -€11,058 | -7.7% |
| Remuneration, social security and pensions | 62 | €82,140 | €84,008 | +€1,869 | +2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,446 | €6,638 | -€808 | -10.9% |
| Other operating charges | 640/8 | €2,885 | €4,605 | +€1,720 | +59.6% |
| Gross operating margin | 9900 | €101,247 | €86,975 | -€14,272 | -14.1% |
| Operating profit (loss) | 9901 | €8,776 | -€8,277 | -€17,052 | |
| Financial income | 75/76B | €1,343 | €1,714 | +€371 | +27.6% |
| Recurring financial income | 75 | €1,343 | €1,714 | +€371 | +27.6% |
| Financial charges | 65/66B | €1,473 | €904 | -€569 | -38.6% |
| Recurring financial charges | 65 | €1,473 | €904 | -€569 | -38.6% |
| Profit (loss) for the period before taxes | 9903 | €8,645 | -€7,467 | -€16,112 | |
| Income taxes | 67/77 | €1,776 | €2,889 | +€1,113 | +62.7% |
| Profit (loss) for the period | 9904 | €6,869 | -€10,356 | -€17,225 | |
| Transfer from tax-exempt reserves | 789 | - | €12,273 | +€12,273 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,869 | €1,917 | -€4,952 | -72.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.