Kine Herzele: 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.
Kine Herzele
Largest movements
- Receivables within one year -€10,288
down €10,288 (-27.9%), from €36,931 to €26,643
of which Trade receivables: -€16,380
- Deferred charges and accrued income +€6,406
up €6,406 (+11,973%), from €54 to €6,459
- Tax, wage and social debts -€13,155
down €13,155 (-57.6%), from €22,856 to €9,701
of which Taxes: -€11,555
- Reserves +€9,500
up €9,500 (+26.4%), from €36,000 to €45,500
- Gross operating margin -€37,712
down €37,712 (-66.4%), from €56,757 to €19,045
- Taxes -€13,044
down €13,044 (-68.4%), from €19,082 to €6,038
- Other operating charges +€1,219
up €1,219 (+317%), from €384 to €1,604
- Depreciation +€611
up €611 (+63.8%), from €956 to €1,567
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 | €65,496 | €61,878 | -€3,618 | -5.5% |
| Fixed assets | 21/28 | €3,646 | €3,289 | -€358 | -9.8% |
| Tangible fixed assets | 22/27 | €3,646 | €3,289 | -€358 | -9.8% |
| Plant, machinery and equipment | 23 | €3,175 | €2,322 | -€853 | -26.9% |
| Furniture and vehicles | 24 | €471 | €967 | +€495 | +105% |
| Current assets | 29/58 | €61,850 | €58,590 | -€3,260 | -5.3% |
| Amounts receivable within one year | 40/41 | €36,931 | €26,643 | -€10,288 | -27.9% |
| Trade receivables | 40 | €34,960 | €18,580 | -€16,380 | -46.9% |
| Other amounts receivable | 41 | €1,971 | €8,063 | +€6,093 | +309% |
| Cash at bank and in hand | 54/58 | €24,866 | €25,488 | +€622 | +2.5% |
| Deferred charges and accrued income | 490/1 | €54 | €6,459 | +€6,406 | +11,973% |
| Total equity and liabilities | 10/49 | €65,496 | €61,878 | -€3,618 | -5.5% |
| Equity | 10/15 | €41,694 | €51,270 | +€9,577 | +23.0% |
| Contributions | 10/11 | €5,500 | €5,500 | = | 0.0% |
| Reserves | 13 | €36,000 | €45,500 | +€9,500 | +26.4% |
| Distributable reserves | 133 | €36,000 | €45,500 | +€9,500 | +26.4% |
| Profit (loss) carried forward | 14 | €194 | €270 | +€77 | +39.5% |
| Amounts payable | 17/49 | €23,803 | €10,608 | -€13,194 | -55.4% |
| Amounts payable within one year | 42/48 | €23,803 | €10,608 | -€13,194 | -55.4% |
| Trade debts | 44 | €947 | €907 | -€40 | -4.2% |
| Suppliers | 440/4 | €947 | €907 | -€40 | -4.2% |
| Taxes, remuneration and social security | 45 | €22,856 | €9,701 | -€13,155 | -57.6% |
| Taxes | 450/3 | €21,256 | €9,701 | -€11,555 | -54.4% |
| Remuneration and social security | 454/9 | €1,600 | - | -€1,600 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €956 | €1,567 | +€611 | +63.8% |
| Other operating charges | 640/8 | €384 | €1,604 | +€1,219 | +317% |
| Gross operating margin | 9900 | €56,757 | €19,045 | -€37,712 | -66.4% |
| Operating profit (loss) | 9901 | €55,417 | €15,874 | -€39,542 | -71.4% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €141 | €259 | +€119 | +84.3% |
| Recurring financial charges | 65 | €141 | €259 | +€119 | +84.3% |
| Profit (loss) for the period before taxes | 9903 | €55,276 | €15,615 | -€39,661 | -71.8% |
| Income taxes | 67/77 | €19,082 | €6,038 | -€13,044 | -68.4% |
| Profit (loss) for the period | 9904 | €36,194 | €9,577 | -€26,617 | -73.5% |
| Profit (loss) for the period to be appropriated | 9905 | €36,194 | €9,577 | -€26,617 | -73.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.