GARTNEREI HERMANN: 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.
GARTNEREI HERMANN
Largest movements
- Tangible fixed assets -€36,023
down €36,023 (-31.9%), from €113,085 to €77,063
- Receivables within one year -€14,472
down €14,472 (-89.0%), from €16,256 to €1,784
- Cash -€11,598
down €11,598 (-69.9%), from €16,600 to €5,002
mainly Other debts (-€31,545) and Net result for the year (-€23,371)
- Other debts -€31,545
down €31,545 (-48.2%), from €65,418 to €33,873
- Profit (loss) carried forward -€23,371
down €23,371 (-28.2%), from €82,801 to €59,429
- Trade debts -€5,962
down €5,962 (-67.8%), from €8,799 to €2,837
- Depreciation -€8,893
down €8,893 (-21.1%), from €42,199 to €33,306
- Gross operating margin +€2,693
up €2,693 (+15.7%), from €17,150 to €19,843
- Staff costs +€1,494
no longer reported in 2026 (was -€1,494)
- Financial charges -€463
down €463 (-5.1%), from €9,159 to €8,695
of which Financial charges: -€3,180
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €562,111 | €498,582 | -€63,529 | -11.3% |
| Fixed assets | 21/28 | €113,085 | €77,063 | -€36,023 | -31.9% |
| Tangible fixed assets | 22/27 | €113,085 | €77,063 | -€36,023 | -31.9% |
| Land and buildings | 22 | €13,638 | €10,501 | -€3,137 | -23.0% |
| Plant, machinery and equipment | 23 | €61,507 | €46,255 | -€15,252 | -24.8% |
| Furniture and vehicles | 24 | €37,941 | €20,307 | -€17,634 | -46.5% |
| Current assets | 29/58 | €449,026 | €421,519 | -€27,506 | -6.1% |
| Stocks and contracts in progress | 3 | €412,224 | €410,319 | -€1,906 | -0.5% |
| Stocks | 30/36 | €412,224 | €410,319 | -€1,906 | -0.5% |
| Amounts receivable within one year | 40/41 | €16,256 | €1,784 | -€14,472 | -89.0% |
| Trade receivables | 40 | €16,256 | €1,784 | -€14,472 | -89.0% |
| Cash at bank and in hand | 54/58 | €16,600 | €5,002 | -€11,598 | -69.9% |
| Deferred charges and accrued income | 490/1 | €3,945 | €4,414 | +€469 | +11.9% |
| Total equity and liabilities | 10/49 | €562,111 | €498,582 | -€63,529 | -11.3% |
| Equity | 10/15 | €382,511 | €357,947 | -€24,564 | -6.4% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €274,995 | €274,995 | = | 0.0% |
| Distributable reserves | 133 | €274,995 | €274,995 | = | 0.0% |
| Profit (loss) carried forward | 14 | €82,801 | €59,429 | -€23,371 | -28.2% |
| Investment grants | 15 | €5,965 | €4,772 | -€1,193 | -20.0% |
| Amounts payable | 17/49 | €179,600 | €140,636 | -€38,965 | -21.7% |
| Amounts payable within one year | 42/48 | €179,600 | €138,801 | -€40,799 | -22.7% |
| Financial debts | 43 | €100,000 | €100,000 | = | 0.0% |
| Other loans | 439 | €100,000 | €100,000 | = | 0.0% |
| Trade debts | 44 | €8,799 | €2,837 | -€5,962 | -67.8% |
| Suppliers | 440/4 | €8,799 | €2,837 | -€5,962 | -67.8% |
| Taxes, remuneration and social security | 45 | €5,383 | €2,091 | -€3,292 | -61.2% |
| Taxes | 450/3 | €5,383 | €2,091 | -€3,292 | -61.2% |
| Other amounts payable | 47/48 | €65,418 | €33,873 | -€31,545 | -48.2% |
| Accrued charges and deferred income | 492/3 | - | €1,834 | +€1,834 | |
| Remuneration, social security and pensions | 62 | -€1,494 | - | +€1,494 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,199 | €33,306 | -€8,893 | -21.1% |
| Other operating charges | 640/8 | €2,219 | €2,154 | -€66 | -3.0% |
| Gross operating margin | 9900 | €17,150 | €19,843 | +€2,693 | +15.7% |
| Operating profit (loss) | 9901 | -€25,774 | -€15,616 | +€10,157 | +39.4% |
| Financial income | 75/76B | €1,313 | €1,400 | +€88 | +6.7% |
| Recurring financial income | 75 | €1,313 | €1,400 | +€88 | +6.7% |
| Financial charges | 65/66B | €9,159 | €8,695 | -€463 | -5.1% |
| Recurring financial charges | 65 | €9,159 | €5,979 | -€3,180 | -34.7% |
| Non-recurring financial charges | 66B | - | €2,717 | +€2,717 | |
| Profit (loss) for the period before taxes | 9903 | -€33,620 | -€22,912 | +€10,708 | +31.9% |
| Income taxes | 67/77 | €455 | €460 | +€5 | +1.0% |
| Profit (loss) for the period | 9904 | -€34,075 | -€23,371 | +€10,704 | +31.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€34,075 | -€23,371 | +€10,704 | +31.4% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.