ENGINEERING CONSULTANCY SERVICES HERMES: 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.
ENGINEERING CONSULTANCY SERVICES HERMES
Largest movements
- Current investments +€900,000
new in 2025: €900,000
- Cash -€628,204
down €628,204 (-42.4%), from €1.5m to €853,927
mainly Current investments (-€900,000) and Receivables within one year (-€280,909)
- Receivables within one year +€280,909
up €280,909 (+18.2%), from €1.5m to €1.8m
of which Other amounts receivable: +€152,426
- Tangible fixed assets -€113,651
down €113,651 (-33.4%), from €339,972 to €226,321
of which Furniture and vehicles: -€99,210
- Trade debts +€243,648
up €243,648 (+927.8%), from €26,260 to €269,908
- Profit (loss) carried forward +€161,113
up €161,113 (+8.4%), from €1.9m to €2.1m
- Gross operating margin -€506,939
down €506,939 (-11.8%), from €4.3m to €3.8m
- Staff costs -€411,113
down €411,113 (-10.8%), from €3.8m to €3.4m
- Purchases and services +€211,410
up €211,410 (+16.3%), from €1.3m to €1.5m
- Turnover -€194,636
down €194,636 (-3.7%), from €5.3m to €5.1m
- Other operating charges -€57,132
down €57,132 (-92.0%), from €62,132 to €5,000
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.
Cash bridge derived
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 | €3,888,120 | €4,327,174 | +€439,054 | +11.3% |
| Fixed assets | 21/28 | €857,574 | €743,923 | -€113,651 | -13.3% |
| Tangible fixed assets | 22/27 | €339,972 | €226,321 | -€113,651 | -33.4% |
| Land and buildings | 22 | €138,362 | €122,144 | -€16,219 | -11.7% |
| Plant, machinery and equipment | 23 | €5,314 | €7,092 | +€1,778 | +33.5% |
| Furniture and vehicles | 24 | €196,296 | €97,086 | -€99,210 | -50.5% |
| Financial fixed assets | 28 | €517,602 | €517,602 | = | 0.0% |
| Current assets | 29/58 | €3,030,546 | €3,583,251 | +€552,705 | +18.2% |
| Amounts receivable after more than one year | 29 | €8,500 | €8,500 | = | 0.0% |
| Trade receivables | 290 | €8,500 | €8,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,539,915 | €1,820,824 | +€280,909 | +18.2% |
| Trade receivables | 40 | €638,599 | €767,082 | +€128,483 | +20.1% |
| Other amounts receivable | 41 | €901,316 | €1,053,742 | +€152,426 | +16.9% |
| Current investments | 50/53 | - | €900,000 | +€900,000 | |
| Cash at bank and in hand | 54/58 | €1,482,131 | €853,927 | -€628,204 | -42.4% |
| Total equity and liabilities | 10/49 | €3,888,120 | €4,327,174 | +€439,054 | +11.3% |
| Equity | 10/15 | €1,987,930 | €2,149,044 | +€161,113 | +8.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,919,730 | €2,080,844 | +€161,113 | +8.4% |
| Amounts payable | 17/49 | €1,900,190 | €2,178,130 | +€277,940 | +14.6% |
| Amounts payable after more than one year | 17 | €167,750 | €167,750 | = | 0.0% |
| Trade debts | 175 | €143,539 | €143,539 | = | 0.0% |
| Other amounts payable | 178/9 | €24,211 | €24,211 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,732,440 | €2,010,381 | +€277,940 | +16.0% |
| Trade debts | 44 | €26,260 | €269,908 | +€243,648 | +927.8% |
| Suppliers | 440/4 | €26,260 | €269,908 | +€243,648 | +927.8% |
| Taxes, remuneration and social security | 45 | €626,377 | €660,743 | +€34,365 | +5.5% |
| Taxes | 450/3 | €89,004 | €168,264 | +€79,260 | +89.1% |
| Remuneration and social security | 454/9 | €537,373 | €492,478 | -€44,895 | -8.4% |
| Other amounts payable | 47/48 | €1,079,803 | €1,079,730 | -€73 | 0.0% |
| Turnover | 70 | €5,266,149 | €5,071,513 | -€194,636 | -3.7% |
| Non-recurring operating income | 76A | €3,810 | €4,215 | +€405 | +10.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,298,235 | €1,509,645 | +€211,410 | +16.3% |
| Remuneration, social security and pensions | 62 | €3,819,888 | €3,408,775 | -€411,113 | -10.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €91,852 | €120,999 | +€29,147 | +31.7% |
| Other operating charges | 640/8 | €62,132 | €5,000 | -€57,132 | -92.0% |
| Gross operating margin | 9900 | €4,299,725 | €3,792,786 | -€506,939 | -11.8% |
| Operating profit (loss) | 9901 | €325,853 | €258,012 | -€67,840 | -20.8% |
| Financial income | 75/76B | - | €24,752 | +€24,752 | |
| Recurring financial income | 75 | - | €24,752 | +€24,752 | |
| Financial charges | 65/66B | €341 | €466 | +€125 | +36.6% |
| Recurring financial charges | 65 | €341 | €466 | +€125 | +36.6% |
| Profit (loss) for the period before taxes | 9903 | €325,512 | €282,298 | -€43,213 | -13.3% |
| Income taxes | 67/77 | €123,795 | €121,185 | -€2,610 | -2.1% |
| Profit (loss) for the period | 9904 | €201,717 | €161,114 | -€40,603 | -20.1% |
| Profit (loss) for the period to be appropriated | 9905 | €201,717 | €161,114 | -€40,603 | -20.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.