D’HERFLO: 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.
D’HERFLO
Largest movements
- Tangible fixed assets -€11,650
down €11,650 (-44.9%), from €25,952 to €14,301
of which Plant, machinery and equipment: -€10,266
- Receivables within one year +€9,698
up €9,698 (+294%), from €3,295 to €12,994
of which Trade receivables: +€11,252
- Intangible fixed assets -€2,727
down €2,727 (-10.8%), from €25,303 to €22,576
- Trade debts -€19,159
down €19,159 (-31.3%), from €61,212 to €42,053
- Profit (loss) carried forward +€6,800
up €6,800 (+36.2%), from -€18,760 to -€11,960
- Tax, wage and social debts +€4,740
new in 2024: €4,740
- Other debts +€2,193
up €2,193 (+21.2%), from €10,364 to €12,557
- Purchases and services -€45,976
down €45,976 (-33.0%), from €139,488 to €93,511
- Turnover -€26,668
down €26,668 (-18.7%), from €142,411 to €115,743
- Gross operating margin +€19,308
up €19,308 (+661%), from €2,923 to €22,231
- Depreciation +€3,437
up €3,437 (+30.2%), from €11,379 to €14,815
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €55,816 | €50,391 | -€5,426 | -9.7% |
| Fixed assets | 21/28 | €51,255 | €36,877 | -€14,378 | -28.1% |
| Intangible fixed assets | 21 | €25,303 | €22,576 | -€2,727 | -10.8% |
| Tangible fixed assets | 22/27 | €25,952 | €14,301 | -€11,650 | -44.9% |
| Plant, machinery and equipment | 23 | €23,841 | €13,575 | -€10,266 | -43.1% |
| Furniture and vehicles | 24 | €2,111 | €727 | -€1,384 | -65.6% |
| Current assets | 29/58 | €4,561 | €13,513 | +€8,952 | +196% |
| Amounts receivable within one year | 40/41 | €3,295 | €12,994 | +€9,698 | +294% |
| Trade receivables | 40 | €1,304 | €12,556 | +€11,252 | +863% |
| Other amounts receivable | 41 | €1,992 | €438 | -€1,553 | -78.0% |
| Cash at bank and in hand | 54/58 | €998 | €519 | -€479 | -48.0% |
| Deferred charges and accrued income | 490/1 | €267 | - | -€267 | |
| Total equity and liabilities | 10/49 | €55,816 | €50,391 | -€5,426 | -9.7% |
| Equity | 10/15 | -€15,760 | -€8,960 | +€6,800 | +43.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Capital | 10 | €3,000 | €3,000 | = | 0.0% |
| Issued capital | 100 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,760 | -€11,960 | +€6,800 | +36.2% |
| Amounts payable | 17/49 | €71,576 | €59,350 | -€12,226 | -17.1% |
| Amounts payable within one year | 42/48 | €71,576 | €59,350 | -€12,226 | -17.1% |
| Trade debts | 44 | €61,212 | €42,053 | -€19,159 | -31.3% |
| Suppliers | 440/4 | €61,212 | €42,053 | -€19,159 | -31.3% |
| Taxes, remuneration and social security | 45 | - | €4,740 | +€4,740 | |
| Remuneration and social security | 454/9 | - | €4,740 | +€4,740 | |
| Other amounts payable | 47/48 | €10,364 | €12,557 | +€2,193 | +21.2% |
| Turnover | 70 | €142,411 | €115,743 | -€26,668 | -18.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €139,488 | €93,511 | -€45,976 | -33.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,379 | €14,815 | +€3,437 | +30.2% |
| Other operating charges | 640/8 | €807 | €388 | -€418 | -51.8% |
| Gross operating margin | 9900 | €2,923 | €22,231 | +€19,308 | +661% |
| Operating profit (loss) | 9901 | -€9,262 | €7,027 | +€16,290 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €220 | €227 | +€7 | +3.1% |
| Recurring financial charges | 65 | €220 | €227 | +€7 | +3.1% |
| Profit (loss) for the period before taxes | 9903 | -€9,482 | €6,800 | +€16,282 | |
| Profit (loss) for the period | 9904 | -€9,482 | €6,800 | +€16,282 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,482 | €6,800 | +€16,282 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.