ERWIN HIMPENS: what changed
ERWIN HIMPENS
Largest movements
- Cash -€54,773
down €54,773 (-62.1%), from €88,270 to €33,497
mainly Investment in fixed assets (net) (-€63,643) and Receivables within one year (-€32,238)
- Tangible fixed assets +€42,135
up €42,135 (+133%), from €31,683 to €73,818
- Receivables within one year +€32,238
up €32,238 (+189%), from €17,095 to €49,333
- Stocks and contracts +€14,000
new in 2012: €14,000
- Debts +€32,414
up €32,414 (+56.0%), from €57,929 to €90,343
- Gross operating margin -€63,568
down €63,568 (-74.3%), from €85,530 to €21,962
- Taxes -€21,733
down €21,733, from €21,572 to -€161
- Depreciation +€3,774
up €3,774 (+21.3%), from €17,734 to €21,508
Change in the result, 2011 to 2012
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 2011 and 2012 balance sheets and the 2012 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 | 2011 | 2012 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €137,298 | €170,898 | +€33,600 | +24.5% |
| Fixed assets | 21/28 | €31,933 | €74,068 | +€42,135 | +132% |
| Tangible fixed assets | 22/27 | €31,683 | €73,818 | +€42,135 | +133% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €105,365 | €96,830 | -€8,535 | -8.1% |
| Stocks and contracts in progress | 3 | - | €14,000 | +€14,000 | |
| Amounts receivable within one year | 40/41 | €17,095 | €49,333 | +€32,238 | +189% |
| Cash at bank and in hand | 54/58 | €88,270 | €33,497 | -€54,773 | -62.1% |
| Total equity and liabilities | 10/49 | €137,298 | €170,898 | +€33,600 | +24.5% |
| Equity | 10/15 | €79,369 | €80,555 | +€1,186 | +1.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €75,100 | €75,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,269 | €4,455 | +€1,186 | +36.3% |
| Amounts payable | 17/49 | €57,929 | €90,343 | +€32,414 | +56.0% |
| Amounts payable within one year | 42/48 | €56,429 | €88,843 | +€32,414 | +57.4% |
| Trade debts | 44 | €2,166 | €17,982 | +€15,816 | +730% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,734 | €21,508 | +€3,774 | +21.3% |
| Gross operating margin | 9900 | €85,530 | €21,962 | -€63,568 | -74.3% |
| Operating profit (loss) | 9901 | €66,090 | -€1,196 | -€67,286 | |
| Recurring financial income | 75 | €1,718 | €2,226 | +€508 | +29.6% |
| Recurring financial charges | 65 | €51 | €5 | -€46 | -90.2% |
| Profit (loss) for the period before taxes | 9903 | €67,757 | €1,025 | -€66,732 | -98.5% |
| Income taxes | 67/77 | €21,572 | -€161 | -€21,733 | |
| Profit (loss) for the period | 9904 | €46,185 | €1,186 | -€44,999 | -97.4% |
| Profit (loss) for the period to be appropriated | 9905 | €46,185 | €1,186 | -€44,999 | -97.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2011 and 30 June 2012. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.