KHEREDITAS: 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.
KHEREDITAS
Largest movements
- Cash +€8,750
up €8,750 (+3,789%), from €231 to €8,981
mainly Other debts (+€89,126) and Depreciation (+€20,300)
- Other debts +€89,126
up €89,126 (+56.6%), from €157,332 to €246,458
- Profit (loss) carried forward -€56,844
down €56,844 (-27.0%), from -€210,500 to -€267,344
- Debts after one year -€22,187
down €22,187 (-3.4%), from €651,761 to €629,574
of which Financial debts: -€22,187
- Gross operating margin -€1,929
down €1,929 (-24.6%), from -€7,844 to -€9,773
- Financial charges -€610
down €610 (-2.6%), from €23,027 to €22,417
- Depreciation +€283
up €283 (+1.4%), from €20,017 to €20,300
- Other operating charges +€183
up €183 (+4.4%), from €4,171 to €4,354
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 | €739,757 | €751,882 | +€12,125 | +1.6% |
| Fixed assets | 21/28 | €738,783 | €742,117 | +€3,333 | +0.5% |
| Tangible fixed assets | 22/27 | €738,783 | €742,117 | +€3,333 | +0.5% |
| Land and buildings | 22 | €734,806 | €738,566 | +€3,760 | +0.5% |
| Plant, machinery and equipment | 23 | €3,977 | €3,551 | -€426 | -10.7% |
| Current assets | 29/58 | €974 | €9,765 | +€8,792 | +903% |
| Cash at bank and in hand | 54/58 | €231 | €8,981 | +€8,750 | +3,789% |
| Deferred charges and accrued income | 490/1 | €743 | €784 | +€41 | +5.5% |
| Total equity and liabilities | 10/49 | €739,757 | €751,882 | +€12,125 | +1.6% |
| Equity | 10/15 | -€90,500 | -€147,344 | -€56,844 | -62.8% |
| Contributions | 10/11 | €120,000 | €120,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€210,500 | -€267,344 | -€56,844 | -27.0% |
| Amounts payable | 17/49 | €830,258 | €899,226 | +€68,969 | +8.3% |
| Amounts payable after more than one year | 17 | €651,761 | €629,574 | -€22,187 | -3.4% |
| Financial debts | 170/4 | €650,261 | €628,074 | -€22,187 | -3.4% |
| Other amounts payable | 178/9 | €1,500 | €1,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €178,497 | €269,653 | +€91,156 | +51.1% |
| Current portion of amounts payable after more than one year | 42 | €14,761 | €22,187 | +€7,426 | +50.3% |
| Trade debts | 44 | €6,404 | €1,008 | -€5,396 | -84.3% |
| Suppliers | 440/4 | €6,404 | €1,008 | -€5,396 | -84.3% |
| Other amounts payable | 47/48 | €157,332 | €246,458 | +€89,126 | +56.6% |
| Non-recurring operating income | 76A | - | €1,439 | +€1,439 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,017 | €20,300 | +€283 | +1.4% |
| Other operating charges | 640/8 | €4,171 | €4,354 | +€183 | +4.4% |
| Gross operating margin | 9900 | -€7,844 | -€9,773 | -€1,929 | -24.6% |
| Operating profit (loss) | 9901 | -€32,032 | -€34,427 | -€2,395 | -7.5% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €23,027 | €22,417 | -€610 | -2.6% |
| Recurring financial charges | 65 | €23,027 | €22,417 | -€610 | -2.6% |
| Profit (loss) for the period before taxes | 9903 | -€55,059 | -€56,844 | -€1,785 | -3.2% |
| Income taxes | 67/77 | - | €0 | +€0 | |
| Profit (loss) for the period | 9904 | -€55,059 | -€56,844 | -€1,785 | -3.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€55,059 | -€56,844 | -€1,785 | -3.2% |
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 15 October 2026 via checked.be.