H. HERIJGERS: 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.
What changed
H. HERIJGERS
NACE 69.203, Activities of company auditors
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€326,547
2024 · €322,309+€4,238
Equity
€2.0m
2024 · €1.8m+€186,547
Cash
€610,169
2024 · €242,296+€367,873
Balance sheet total
€2.0m
2024 · €1.8m+€195,888
Largest movements
Assets
- Cash +€367,873
up €367,873 (+152%), from €242,296 to €610,169
mainly Net result for the year (+€326,547) and Current investments (+€150,000)
- Current investments -€150,000
down €150,000 (-15.8%), from €950,992 to €800,992
Equity and liabilities
- Reserves +€186,000
up €186,000 (+10.9%), from €1.7m to €1.9m
of which Distributable reserves: +€186,000
Income statement
- Gross operating margin +€7,781
up €7,781 (+1.8%), from €426,703 to €434,484
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.
Result 2024
€322,309
Gross operating margin
+€7,781
Depreciation
+€2,337
Other operating charges
+€54
Financial income
-€1,973
Financial charges
-€1,782
Taxes
-€2,178
Result 2025
€326,547
raises the resultlowers the result
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.
From operations
+€359,196
Investment
+€148,677
Financing
-€140,000
Cash 2024
€242,296
From operations (derived)
+€359,196
Net result for the year
+€326,547
Depreciation
+€3,927
Receivables within one year
+€16,206
Deferred charges and accrued income
+€3,175
Trade debts
-€1,638
Tax, wage and social debts
+€4,122
Other debts
+€6,248
Accrued charges and deferred income
+€608
Investment (derived)
+€148,677
Investment in fixed assets (net)
-€1,323
Current investments
+€150,000
Financing
-€140,000
Contributions, distributions and other
-€140,000
Cash 2025
€610,169
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,845,817 | €2,041,705 | +€195,888 | +10.6% |
| Fixed assets | 21/28 | €259,988 | €257,384 | -€2,604 | -1.0% |
| Tangible fixed assets | 22/27 | €7,290 | €4,686 | -€2,604 | -35.7% |
| Furniture and vehicles | 24 | €7,290 | €3,496 | -€3,795 | -52.1% |
| Other tangible fixed assets | 26 | €0 | €1,191 | +€1,191 | |
| Financial fixed assets | 28 | €252,698 | €252,698 | = | 0.0% |
| Current assets | 29/58 | €1,585,828 | €1,784,320 | +€198,492 | +12.5% |
| Amounts receivable within one year | 40/41 | €381,054 | €364,848 | -€16,206 | -4.3% |
| Trade receivables | 40 | €46,054 | €49,848 | +€3,794 | +8.2% |
| Other amounts receivable | 41 | €335,000 | €315,000 | -€20,000 | -6.0% |
| Current investments | 50/53 | €950,992 | €800,992 | -€150,000 | -15.8% |
| Cash at bank and in hand | 54/58 | €242,296 | €610,169 | +€367,873 | +152% |
| Deferred charges and accrued income | 490/1 | €11,486 | €8,312 | -€3,175 | -27.6% |
| Total equity and liabilities | 10/49 | €1,845,817 | €2,041,705 | +€195,888 | +10.6% |
| Equity | 10/15 | €1,766,109 | €1,952,656 | +€186,547 | +10.6% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,698,795 | €1,884,795 | +€186,000 | +10.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €7,440 | €7,440 | = | 0.0% |
| Distributable reserves | 133 | €1,691,355 | €1,877,355 | +€186,000 | +11.0% |
| Profit (loss) carried forward | 14 | €48,764 | €49,311 | +€547 | +1.1% |
| Amounts payable | 17/49 | €79,708 | €89,049 | +€9,341 | +11.7% |
| Amounts payable within one year | 42/48 | €79,218 | €87,951 | +€8,733 | +11.0% |
| Trade debts | 44 | €2,545 | €907 | -€1,638 | -64.4% |
| Suppliers | 440/4 | €2,545 | €907 | -€1,638 | -64.4% |
| Taxes, remuneration and social security | 45 | €62,714 | €66,836 | +€4,122 | +6.6% |
| Taxes | 450/3 | €62,714 | €66,836 | +€4,122 | +6.6% |
| Other amounts payable | 47/48 | €13,960 | €20,208 | +€6,248 | +44.8% |
| Accrued charges and deferred income | 492/3 | €490 | €1,098 | +€608 | +124% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,264 | €3,927 | -€2,337 | -37.3% |
| Other operating charges | 640/8 | €1,141 | €1,088 | -€54 | -4.7% |
| Gross operating margin | 9900 | €426,703 | €434,484 | +€7,781 | +1.8% |
| Operating profit (loss) | 9901 | €419,298 | €429,469 | +€10,172 | +2.4% |
| Financial income | 75/76B | €49,838 | €47,864 | -€1,973 | -4.0% |
| Recurring financial income | 75 | €49,838 | €47,864 | -€1,973 | -4.0% |
| Financial charges | 65/66B | €2,749 | €4,532 | +€1,782 | +64.8% |
| Recurring financial charges | 65 | €2,749 | €4,532 | +€1,782 | +64.8% |
| Profit (loss) for the period before taxes | 9903 | €466,386 | €472,802 | +€6,416 | +1.4% |
| Income taxes | 67/77 | €144,077 | €146,255 | +€2,178 | +1.5% |
| Profit (loss) for the period | 9904 | €322,309 | €326,547 | +€4,238 | +1.3% |
| Profit (loss) for the period to be appropriated | 9905 | €322,309 | €326,547 | +€4,238 | +1.3% |
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 29 October 2026 via checked.be.