FRUITHANDEL HERMAN: what changed
Two fiscal 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.
FRUITHANDEL HERMAN
Largest movements
- Receivables within one year -€129,040
down €129,040 (-13.5%), from €956,299 to €827,258
of which Other amounts receivable: -€82,443
- Tangible fixed assets +€74,156
up €74,156 (+34.7%), from €213,595 to €287,751
of which Furniture and vehicles: +€84,862
- Reserves +€222,493
up €222,493 (+12.5%), from €1.8m to €2.0m
of which Distributable reserves: +€212,828
- Trade debts -€177,964
down €177,964 (-41.7%), from €426,685 to €248,721
- Other debts -€44,277
down €44,277 (-30.8%), from €143,531 to €99,254
- Tax, wage and social debts -€34,779
down €34,779 (-14.4%), from €241,576 to €206,797
of which Taxes: -€23,785
- Gross operating margin +€86,708
up €86,708 (+16.9%), from €513,501 to €600,209
- Staff costs -€38,259
down €38,259 (-15.6%), from €244,526 to €206,267
- Taxes +€30,464
up €30,464 (+44.2%), from €68,883 to €99,347
- Depreciation +€18,404
up €18,404 (+43.4%), from €42,365 to €60,770
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 | €2,672,073 | €2,650,658 | -€21,415 | -0.8% |
| Fixed assets | 21/28 | €216,280 | €288,732 | +€72,452 | +33.5% |
| Intangible fixed assets | 21 | €2,686 | €981 | -€1,705 | -63.5% |
| Tangible fixed assets | 22/27 | €213,595 | €287,751 | +€74,156 | +34.7% |
| Land and buildings | 22 | €78,823 | €77,023 | -€1,800 | -2.3% |
| Plant, machinery and equipment | 23 | €18,804 | €21,557 | +€2,753 | +14.6% |
| Furniture and vehicles | 24 | €82,451 | €167,313 | +€84,862 | +102.9% |
| Other tangible fixed assets | 26 | €33,517 | €21,858 | -€11,658 | -34.8% |
| Current assets | 29/58 | €2,455,792 | €2,361,926 | -€93,866 | -3.8% |
| Stocks and contracts in progress | 3 | €122,418 | €136,944 | +€14,526 | +11.9% |
| Stocks | 30/36 | €122,418 | €136,944 | +€14,526 | +11.9% |
| Amounts receivable within one year | 40/41 | €956,299 | €827,258 | -€129,040 | -13.5% |
| Trade receivables | 40 | €650,774 | €604,177 | -€46,597 | -7.2% |
| Other amounts receivable | 41 | €305,525 | €223,082 | -€82,443 | -27.0% |
| Current investments | 50/53 | €400,000 | €400,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €974,861 | €980,932 | +€6,071 | +0.6% |
| Deferred charges and accrued income | 490/1 | €2,215 | €16,792 | +€14,577 | +658.0% |
| Total equity and liabilities | 10/49 | €2,672,073 | €2,650,658 | -€21,415 | -0.8% |
| Equity | 10/15 | €1,849,050 | €2,071,543 | +€222,493 | +12.0% |
| 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 | €1,787,050 | €2,009,543 | +€222,493 | +12.5% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €27,479 | €37,144 | +€9,665 | +35.2% |
| Distributable reserves | 133 | €1,753,371 | €1,966,199 | +€212,828 | +12.1% |
| Provisions and deferred taxes | 16 | - | €1,933 | +€1,933 | |
| Deferred taxes | 168 | - | €1,933 | +€1,933 | |
| Amounts payable | 17/49 | €823,022 | €577,182 | -€245,841 | -29.9% |
| Amounts payable within one year | 42/48 | €823,022 | €577,182 | -€245,841 | -29.9% |
| Trade debts | 44 | €426,685 | €248,721 | -€177,964 | -41.7% |
| Suppliers | 440/4 | €426,685 | €248,721 | -€177,964 | -41.7% |
| Advances received on contracts in progress | 46 | €11,230 | €22,409 | +€11,179 | +99.5% |
| Taxes, remuneration and social security | 45 | €241,576 | €206,797 | -€34,779 | -14.4% |
| Taxes | 450/3 | €191,478 | €167,692 | -€23,785 | -12.4% |
| Remuneration and social security | 454/9 | €50,098 | €39,105 | -€10,993 | -21.9% |
| Other amounts payable | 47/48 | €143,531 | €99,254 | -€44,277 | -30.8% |
| Non-recurring operating income | 76A | - | €21,662 | +€21,662 | |
| Remuneration, social security and pensions | 62 | €244,526 | €206,267 | -€38,259 | -15.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,365 | €60,770 | +€18,404 | +43.4% |
| Other operating charges | 640/8 | €12,257 | €9,597 | -€2,661 | -21.7% |
| Non-recurring operating charges | 66A | €7,343 | - | -€7,343 | |
| Gross operating margin | 9900 | €513,501 | €600,209 | +€86,708 | +16.9% |
| Operating profit (loss) | 9901 | €207,009 | €323,575 | +€116,566 | +56.3% |
| Financial income | 75/76B | €12,369 | €16,434 | +€4,066 | +32.9% |
| Recurring financial income | 75 | €12,369 | €16,434 | +€4,066 | +32.9% |
| Financial charges | 65/66B | €519 | €2,005 | +€1,486 | +286.3% |
| Recurring financial charges | 65 | €519 | €2,005 | +€1,486 | +286.3% |
| Profit (loss) for the period before taxes | 9903 | €218,858 | €338,004 | +€119,145 | +54.4% |
| Transfer from deferred taxes | 780 | - | €483 | +€483 | |
| Transfer to deferred taxes | 680 | - | €2,416 | +€2,416 | |
| Income taxes | 67/77 | €68,883 | €99,347 | +€30,464 | +44.2% |
| Profit (loss) for the period | 9904 | €149,975 | €236,724 | +€86,749 | +57.8% |
| Transfer from tax-exempt reserves | 789 | - | €2,416 | +€2,416 | |
| Transfer to tax-exempt reserves | 689 | - | €12,081 | +€12,081 | |
| Profit (loss) for the period to be appropriated | 9905 | €149,975 | €227,059 | +€77,084 | +51.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.