DE HERBERG: 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.
DE HERBERG
Largest movements
- Tangible fixed assets -€38,489
down €38,489 (-10.9%), from €351,983 to €313,494
- Receivables within one year +€24,769
up €24,769 (+12.3%), from €200,609 to €225,378
- Receivables after one year -€10,500
down €10,500 (-40.2%), from €26,125 to €15,625
- Cash -€7,328
down €7,328 (-55.6%), from €13,177 to €5,849
mainly Receivables within one year (-€24,769) and Net result for the year (-€14,414)
- Reserves -€16,631
down €16,631 (-3.1%), from €538,490 to €521,859
of which Distributable reserves: -€12,061
- Current portion of long-term debt -€8,261
down €8,261 (-65.1%), from €12,690 to €4,430
- Gross operating margin -€6,650
down €6,650 (-22.8%), from €29,179 to €22,529
- Financial charges -€987
down €987 (-54.3%), from €1,819 to €832
- Financial income +€471
up €471 (+13.1%), from €3,596 to €4,067
- Other operating charges -€354
down €354 (-5.4%), from €6,614 to €6,260
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 | €592,343 | €560,795 | -€31,548 | -5.3% |
| Fixed assets | 21/28 | €352,432 | €313,943 | -€38,489 | -10.9% |
| Tangible fixed assets | 22/27 | €351,983 | €313,494 | -€38,489 | -10.9% |
| Land and buildings | 22 | €351,983 | €313,494 | -€38,489 | -10.9% |
| Financial fixed assets | 28 | €449 | €449 | = | 0.0% |
| Current assets | 29/58 | €239,911 | €246,852 | +€6,941 | +2.9% |
| Amounts receivable after more than one year | 29 | €26,125 | €15,625 | -€10,500 | -40.2% |
| Other amounts receivable | 291 | €26,125 | €15,625 | -€10,500 | -40.2% |
| Amounts receivable within one year | 40/41 | €200,609 | €225,378 | +€24,769 | +12.3% |
| Other amounts receivable | 41 | €200,609 | €225,378 | +€24,769 | +12.3% |
| Cash at bank and in hand | 54/58 | €13,177 | €5,849 | -€7,328 | -55.6% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €592,343 | €560,795 | -€31,548 | -5.3% |
| Equity | 10/15 | €557,082 | €540,451 | -€16,631 | -3.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €538,490 | €521,859 | -€16,631 | -3.1% |
| Tax-exempt reserves | 132 | €31,979 | €27,408 | -€4,571 | -14.3% |
| Distributable reserves | 133 | €506,512 | €494,451 | -€12,061 | -2.4% |
| Provisions and deferred taxes | 16 | €16,467 | €14,114 | -€2,353 | -14.3% |
| Deferred taxes | 168 | €16,467 | €14,114 | -€2,353 | -14.3% |
| Amounts payable | 17/49 | €18,793 | €6,231 | -€12,563 | -66.8% |
| Amounts payable after more than one year | 17 | €4,430 | €0 | -€4,430 | -100% |
| Financial debts | 170/4 | €4,430 | €0 | -€4,430 | -100% |
| Amounts payable within one year | 42/48 | €12,874 | €4,817 | -€8,057 | -62.6% |
| Current portion of amounts payable after more than one year | 42 | €12,690 | €4,430 | -€8,261 | -65.1% |
| Trade debts | 44 | €184 | €387 | +€204 | +111% |
| Suppliers | 440/4 | €184 | €387 | +€204 | +111% |
| Accrued charges and deferred income | 492/3 | €1,490 | €1,414 | -€76 | -5.1% |
| Non-recurring operating income | 76A | €147 | €89 | -€58 | -39.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,489 | €38,489 | +€0 | 0.0% |
| Other operating charges | 640/8 | €6,614 | €6,260 | -€354 | -5.4% |
| Gross operating margin | 9900 | €29,179 | €22,529 | -€6,650 | -22.8% |
| Operating profit (loss) | 9901 | -€15,924 | -€22,220 | -€6,296 | -39.5% |
| Financial income | 75/76B | €3,596 | €4,067 | +€471 | +13.1% |
| Recurring financial income | 75 | €3,596 | €4,067 | +€471 | +13.1% |
| Financial charges | 65/66B | €1,819 | €832 | -€987 | -54.3% |
| Recurring financial charges | 65 | €1,819 | €832 | -€987 | -54.3% |
| Profit (loss) for the period before taxes | 9903 | -€14,147 | -€18,985 | -€4,838 | -34.2% |
| Transfer from deferred taxes | 780 | €4,571 | €4,571 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€9,576 | -€14,414 | -€4,838 | -50.5% |
| Transfer from tax-exempt reserves | 789 | €2,353 | €2,353 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,223 | -€12,061 | -€4,838 | -67.0% |
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 16 October 2026 via checked.be.