Hans Hermans: 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.
Hans Hermans
Largest movements
- Receivables within one year -€19,581
down €19,581 (-78.0%), from €25,091 to €5,510
of which Trade receivables: -€17,520
- Cash +€15,057
up €15,057 (+114%), from €13,196 to €28,253
mainly Receivables within one year (+€19,581) and Depreciation (+€6,964)
- Tangible fixed assets -€3,222
down €3,222 (-18.8%), from €17,105 to €13,883
of which Furniture and vehicles: -€3,007
- Deferred charges and accrued income +€3,144
up €3,144 (+136%), from €2,310 to €5,454
- Intangible fixed assets -€2,570
down €2,570 (-29.1%), from €8,839 to €6,268
- Other debts -€10,570
down €10,570 (-35.4%), from €29,831 to €19,261
- Reserves +€2,277
up €2,277 (+43.9%), from €5,184 to €7,461
- Trade debts +€1,531
up €1,531 (+42.2%), from €3,628 to €5,158
- Gross operating margin -€7,355
down €7,355 (-28.4%), from €25,941 to €18,586
- Other operating charges -€2,926
down €2,926 (-31.1%), from €9,412 to €6,485
- Depreciation -€1,069
down €1,069 (-13.3%), from €8,033 to €6,964
- Taxes -€469
down €469 (-14.5%), from €3,243 to €2,774
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €66,540 | €59,368 | -€7,172 | -10.8% |
| Fixed assets | 21/28 | €25,944 | €20,151 | -€5,793 | -22.3% |
| Intangible fixed assets | 21 | €8,839 | €6,268 | -€2,570 | -29.1% |
| Tangible fixed assets | 22/27 | €17,105 | €13,883 | -€3,222 | -18.8% |
| Plant, machinery and equipment | 23 | €216 | - | -€216 | |
| Furniture and vehicles | 24 | €3,602 | €595 | -€3,007 | -83.5% |
| Other tangible fixed assets | 26 | €13,288 | €13,288 | = | 0.0% |
| Current assets | 29/58 | €40,596 | €39,217 | -€1,379 | -3.4% |
| Amounts receivable within one year | 40/41 | €25,091 | €5,510 | -€19,581 | -78.0% |
| Trade receivables | 40 | €18,949 | €1,429 | -€17,520 | -92.5% |
| Other amounts receivable | 41 | €6,142 | €4,081 | -€2,061 | -33.6% |
| Cash at bank and in hand | 54/58 | €13,196 | €28,253 | +€15,057 | +114% |
| Deferred charges and accrued income | 490/1 | €2,310 | €5,454 | +€3,144 | +136% |
| Total equity and liabilities | 10/49 | €66,540 | €59,368 | -€7,172 | -10.8% |
| Equity | 10/15 | €25,184 | €27,461 | +€2,277 | +9.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €5,184 | €7,461 | +€2,277 | +43.9% |
| Distributable reserves | 133 | €5,184 | €7,461 | +€2,277 | +43.9% |
| Amounts payable | 17/49 | €41,356 | €31,907 | -€9,449 | -22.8% |
| Amounts payable within one year | 42/48 | €41,356 | €31,907 | -€9,449 | -22.8% |
| Trade debts | 44 | €3,628 | €5,158 | +€1,531 | +42.2% |
| Suppliers | 440/4 | €3,628 | €5,158 | +€1,531 | +42.2% |
| Taxes, remuneration and social security | 45 | €7,898 | €7,487 | -€410 | -5.2% |
| Taxes | 450/3 | €7,898 | €7,487 | -€410 | -5.2% |
| Other amounts payable | 47/48 | €29,831 | €19,261 | -€10,570 | -35.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,033 | €6,964 | -€1,069 | -13.3% |
| Other operating charges | 640/8 | €9,412 | €6,485 | -€2,926 | -31.1% |
| Gross operating margin | 9900 | €25,941 | €18,586 | -€7,355 | -28.4% |
| Operating profit (loss) | 9901 | €8,496 | €5,136 | -€3,360 | -39.5% |
| Financial income | 75/76B | - | €141 | +€141 | |
| Recurring financial income | 75 | - | €141 | +€141 | |
| Financial charges | 65/66B | €69 | €226 | +€157 | +229% |
| Recurring financial charges | 65 | €69 | €226 | +€157 | +229% |
| Profit (loss) for the period before taxes | 9903 | €8,427 | €5,051 | -€3,377 | -40.1% |
| Income taxes | 67/77 | €3,243 | €2,774 | -€469 | -14.5% |
| Profit (loss) for the period | 9904 | €5,184 | €2,277 | -€2,907 | -56.1% |
| Profit (loss) for the period to be appropriated | 9905 | €5,184 | €2,277 | -€2,907 | -56.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.