BUREAU HERRMANNS: what changed
BUREAU HERRMANNS
Largest movements
- Tangible fixed assets -€6,742
down €6,742 (-13.3%), from €50,564 to €43,822
- Cash +€1,149
up €1,149 (+9.5%), from €12,114 to €13,262
mainly Depreciation (+€6,742) and Receivables within one year (+€101)
- Profit (loss) carried forward -€5,716
down €5,716 (-13.8%), from €41,342 to €35,627
- Staff costs -€40,293
no longer reported in 2025 (was €40,293)
- Gross operating margin +€5,736
up €5,736, from -€4,109 to €1,627
- Depreciation -€949
down €949 (-12.3%), from €7,691 to €6,742
- Financial charges -€96
down €96 (-31.1%), from €309 to €213
- Financial income -€64
no longer reported in 2025 (was €64)
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €64,905 | €59,259 | -€5,646 | -8.7% |
| Fixed assets | 21/28 | €50,927 | €44,185 | -€6,742 | -13.2% |
| Tangible fixed assets | 22/27 | €50,564 | €43,822 | -€6,742 | -13.3% |
| Land and buildings | 22 | €50,564 | €43,822 | -€6,742 | -13.3% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €13,978 | €15,074 | +€1,096 | +7.8% |
| Amounts receivable within one year | 40/41 | €345 | €244 | -€101 | -29.4% |
| Trade receivables | 40 | €345 | €244 | -€101 | -29.4% |
| Cash at bank and in hand | 54/58 | €12,114 | €13,262 | +€1,149 | +9.5% |
| Deferred charges and accrued income | 490/1 | €1,519 | €1,567 | +€49 | +3.2% |
| Total equity and liabilities | 10/49 | €64,905 | €59,259 | -€5,646 | -8.7% |
| Equity | 10/15 | €63,342 | €57,627 | -€5,716 | -9.0% |
| Reserves | 13 | €22,000 | €22,000 | = | 0.0% |
| Distributable reserves | 133 | €22,000 | €22,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,342 | €35,627 | -€5,716 | -13.8% |
| Amounts payable | 17/49 | €1,563 | €1,632 | +€70 | +4.4% |
| Accrued charges and deferred income | 492/3 | €1,563 | €1,632 | +€70 | +4.4% |
| Remuneration, social security and pensions | 62 | €40,293 | - | -€40,293 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,691 | €6,742 | -€949 | -12.3% |
| Other operating charges | 640/8 | €434 | €387 | -€47 | -10.8% |
| Gross operating margin | 9900 | -€4,109 | €1,627 | +€5,736 | |
| Operating profit (loss) | 9901 | -€52,527 | -€5,503 | +€47,024 | +89.5% |
| Financial income | 75/76B | €64 | - | -€64 | |
| Recurring financial income | 75 | €64 | - | -€64 | |
| Financial charges | 65/66B | €309 | €213 | -€96 | -31.1% |
| Recurring financial charges | 65 | €309 | €213 | -€96 | -31.1% |
| Profit (loss) for the period before taxes | 9903 | -€52,773 | -€5,716 | +€47,057 | +89.2% |
| Profit (loss) for the period | 9904 | -€52,773 | -€5,716 | +€47,057 | +89.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€52,773 | -€5,716 | +€47,057 | +89.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.