KORTE HEIDE: 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.
KORTE HEIDE
Largest movements
- Cash +€69,183
up €69,183 (+27.4%), from €252,560 to €321,743
mainly Net result for the year (+€94,340) and Depreciation (+€76,968)
- Tangible fixed assets +€26,284
up €26,284 (+4.7%), from €556,704 to €582,988
of which Furniture and vehicles: +€52,965
- Reserves +€94,340
up €94,340 (+7.9%), from €1.2m to €1.3m
- Gross operating margin +€66,464
up €66,464 (+28.3%), from €234,580 to €301,043
- Taxes +€21,208
up €21,208 (+93.5%), from €22,670 to €43,878
- Depreciation -€9,451
down €9,451 (-10.9%), from €86,419 to €76,968
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 | €1,213,090 | €1,313,675 | +€100,585 | +8.3% |
| Fixed assets | 21/28 | €556,704 | €582,988 | +€26,284 | +4.7% |
| Tangible fixed assets | 22/27 | €556,704 | €582,988 | +€26,284 | +4.7% |
| Land and buildings | 22 | €38,017 | €19,484 | -€18,532 | -48.7% |
| Plant, machinery and equipment | 23 | €5,092 | €6,569 | +€1,477 | +29.0% |
| Furniture and vehicles | 24 | - | €52,965 | +€52,965 | |
| Leasing and similar rights | 25 | €513,595 | €503,970 | -€9,625 | -1.9% |
| Current assets | 29/58 | €656,386 | €730,687 | +€74,301 | +11.3% |
| Amounts receivable within one year | 40/41 | €8,950 | €12,796 | +€3,846 | +43.0% |
| Trade receivables | 40 | - | €9,120 | +€9,120 | |
| Other amounts receivable | 41 | €8,950 | €3,676 | -€5,274 | -58.9% |
| Current investments | 50/53 | €392,157 | €392,157 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €252,560 | €321,743 | +€69,183 | +27.4% |
| Deferred charges and accrued income | 490/1 | €2,719 | €3,991 | +€1,272 | +46.8% |
| Total equity and liabilities | 10/49 | €1,213,090 | €1,313,675 | +€100,585 | +8.3% |
| Equity | 10/15 | €1,203,309 | €1,297,649 | +€94,340 | +7.8% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €1,197,111 | €1,291,452 | +€94,340 | +7.9% |
| Distributable reserves | 133 | €1,197,111 | €1,291,452 | +€94,340 | +7.9% |
| Amounts payable | 17/49 | €9,781 | €16,026 | +€6,245 | +63.8% |
| Amounts payable within one year | 42/48 | €9,781 | €16,026 | +€6,245 | +63.8% |
| Trade debts | 44 | €2,229 | €314 | -€1,915 | -85.9% |
| Suppliers | 440/4 | €2,229 | €314 | -€1,915 | -85.9% |
| Taxes, remuneration and social security | 45 | €2,817 | €10,977 | +€8,160 | +290% |
| Taxes | 450/3 | - | €8,235 | +€8,235 | |
| Remuneration and social security | 454/9 | €2,817 | €2,742 | -€75 | -2.7% |
| Other amounts payable | 47/48 | €4,735 | €4,735 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €34,487 | €32,993 | -€1,493 | -4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €86,419 | €76,968 | -€9,451 | -10.9% |
| Other operating charges | 640/8 | €32,491 | €34,011 | +€1,520 | +4.7% |
| Non-recurring operating charges | 66A | - | €20,890 | +€20,890 | |
| Gross operating margin | 9900 | €234,580 | €301,043 | +€66,464 | +28.3% |
| Operating profit (loss) | 9901 | €81,183 | €136,180 | +€54,998 | +67.7% |
| Financial income | 75/76B | €1,318 | €2,341 | +€1,023 | +77.6% |
| Recurring financial income | 75 | €1,318 | €2,341 | +€1,023 | +77.6% |
| Financial charges | 65/66B | €290 | €303 | +€13 | +4.6% |
| Recurring financial charges | 65 | €290 | €303 | +€13 | +4.6% |
| Profit (loss) for the period before taxes | 9903 | €82,211 | €138,218 | +€56,008 | +68.1% |
| Income taxes | 67/77 | €22,670 | €43,878 | +€21,208 | +93.5% |
| Profit (loss) for the period | 9904 | €59,541 | €94,340 | +€34,800 | +58.4% |
| Profit (loss) for the period to be appropriated | 9905 | €59,541 | €94,340 | +€34,800 | +58.4% |
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 21 October 2026 via checked.be.