BOUWBEDRIJF HERMANS CONSTRUCT: 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.
BOUWBEDRIJF HERMANS CONSTRUCT
Largest movements
- Tangible fixed assets -€13,457
down €13,457 (-33.0%), from €40,752 to €27,295
of which Furniture and vehicles: -€11,420
- Cash +€10,937
up €10,937 (+189%), from €5,799 to €16,736
mainly Depreciation (+€10,124) and Tax, wage and social debts (+€6,172)
- Receivables within one year -€1,507
down €1,507 (-57.3%), from €2,632 to €1,125
of which Other amounts receivable: -€2,132
- Other debts -€8,413
down €8,413 (-34.5%), from €24,412 to €16,000
- Tax, wage and social debts +€6,172
up €6,172 (+522%), from €1,181 to €7,353
of which Taxes: +€6,172
- Debts after one year -€2,210
down €2,210 (-14.8%), from €14,918 to €12,708
- Gross operating margin +€7,373
up €7,373 (+128%), from €5,780 to €13,153
- Depreciation +€5,390
up €5,390 (+114%), from €4,734 to €10,124
- Financial charges +€1,420
up €1,420, from -€138 to €1,281
- Other operating charges +€276
up €276 (+44.2%), from €626 to €902
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 | €55,968 | €52,150 | -€3,818 | -6.8% |
| Fixed assets | 21/28 | €40,752 | €27,295 | -€13,457 | -33.0% |
| Tangible fixed assets | 22/27 | €40,752 | €27,295 | -€13,457 | -33.0% |
| Land and buildings | 22 | €4,625 | €3,681 | -€943 | -20.4% |
| Plant, machinery and equipment | 23 | €2,626 | €2,185 | -€441 | -16.8% |
| Furniture and vehicles | 24 | €27,109 | €15,689 | -€11,420 | -42.1% |
| Other tangible fixed assets | 26 | €6,392 | €5,740 | -€653 | -10.2% |
| Current assets | 29/58 | €15,216 | €24,855 | +€9,639 | +63.3% |
| Amounts receivable within one year | 40/41 | €2,632 | €1,125 | -€1,507 | -57.3% |
| Trade receivables | 40 | €500 | €1,125 | +€625 | +125% |
| Other amounts receivable | 41 | €2,132 | €0 | -€2,132 | -100% |
| Cash at bank and in hand | 54/58 | €5,799 | €16,736 | +€10,937 | +189% |
| Deferred charges and accrued income | 490/1 | €6,785 | €6,994 | +€209 | +3.1% |
| Total equity and liabilities | 10/49 | €55,968 | €52,150 | -€3,818 | -6.8% |
| Equity | 10/15 | €13,171 | €13,573 | +€402 | +3.0% |
| Contributions | 10/11 | €11,200 | €11,200 | = | 0.0% |
| Reserves | 13 | €1,971 | €2,373 | +€402 | +20.4% |
| Distributable reserves | 133 | €1,971 | €2,373 | +€402 | +20.4% |
| Amounts payable | 17/49 | €42,797 | €38,577 | -€4,220 | -9.9% |
| Amounts payable after more than one year | 17 | €14,918 | €12,708 | -€2,210 | -14.8% |
| Financial debts | 170/4 | €14,918 | €12,708 | -€2,210 | -14.8% |
| Amounts payable within one year | 42/48 | €27,614 | €25,870 | -€1,745 | -6.3% |
| Current portion of amounts payable after more than one year | 42 | €1,980 | €2,210 | +€230 | +11.6% |
| Trade debts | 44 | €41 | €307 | +€266 | +655% |
| Suppliers | 440/4 | €41 | €307 | +€266 | +655% |
| Taxes, remuneration and social security | 45 | €1,181 | €7,353 | +€6,172 | +522% |
| Taxes | 450/3 | €1,181 | €7,353 | +€6,172 | +522% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €24,412 | €16,000 | -€8,413 | -34.5% |
| Accrued charges and deferred income | 492/3 | €265 | €0 | -€265 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,734 | €10,124 | +€5,390 | +114% |
| Other operating charges | 640/8 | €626 | €902 | +€276 | +44.2% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €5,780 | €13,153 | +€7,373 | +128% |
| Operating profit (loss) | 9901 | €420 | €2,127 | +€1,707 | +406% |
| Financial income | 75/76B | €13 | €0 | -€13 | -99.9% |
| Recurring financial income | 75 | €13 | €0 | -€13 | -99.9% |
| Financial charges | 65/66B | -€138 | €1,281 | +€1,420 | |
| Recurring financial charges | 65 | -€138 | €1,281 | +€1,420 | |
| Profit (loss) for the period before taxes | 9903 | €572 | €846 | +€274 | +47.9% |
| Income taxes | 67/77 | €492 | €444 | -€48 | -9.7% |
| Profit (loss) for the period | 9904 | €80 | €402 | +€322 | +403% |
| Profit (loss) for the period to be appropriated | 9905 | €80 | €402 | +€322 | +403% |
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 28 October 2026 via checked.be.