HER-WIN: 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.
HER-WIN
Largest movements
- Receivables within one year +€834,030
up €834,030 (+403.8%), from €206,567 to €1.0m
of which Trade receivables: +€786,662
- Tangible fixed assets -€51,277
down €51,277 (-14.7%), from €347,821 to €296,544
of which Leasing and similar rights: -€47,000
- Stocks and contracts -€26,534
down €26,534 (-7.7%), from €342,854 to €316,320
- Profit (loss) carried forward +€355,223
up €355,223 (+31.7%), from €1.1m to €1.5m
- Trade debts +€299,215
up €299,215 (+1358.0%), from €22,033 to €321,248
- Tax, wage and social debts +€129,790
up €129,790 (+271.6%), from €47,792 to €177,582
of which Taxes: +€127,736
- Debts after one year -€46,988
down €46,988 (-72.2%), from €65,062 to €18,074
- Gross operating margin +€215,802
up €215,802 (+21.3%), from €1.0m to €1.2m
- Taxes +€44,079
up €44,079 (+60.6%), from €72,769 to €116,848
- Staff costs +€30,564
up €30,564 (+4.8%), from €634,298 to €664,862
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 | €1,420,784 | €2,158,692 | +€737,908 | +51.9% |
| Fixed assets | 21/28 | €418,978 | €374,153 | -€44,825 | -10.7% |
| Tangible fixed assets | 22/27 | €347,821 | €296,544 | -€51,277 | -14.7% |
| Land and buildings | 22 | €229,379 | €196,610 | -€32,768 | -14.3% |
| Plant, machinery and equipment | 23 | €7,445 | €34,476 | +€27,031 | +363.1% |
| Furniture and vehicles | 24 | - | €1,460 | +€1,460 | |
| Leasing and similar rights | 25 | €110,997 | €63,997 | -€47,000 | -42.3% |
| Financial fixed assets | 28 | €71,157 | €77,609 | +€6,452 | +9.1% |
| Current assets | 29/58 | €1,001,806 | €1,784,539 | +€782,733 | +78.1% |
| Stocks and contracts in progress | 3 | €342,854 | €316,320 | -€26,534 | -7.7% |
| Stocks | 30/36 | €342,854 | €316,320 | -€26,534 | -7.7% |
| Amounts receivable within one year | 40/41 | €206,567 | €1,040,597 | +€834,030 | +403.8% |
| Trade receivables | 40 | €181,092 | €967,754 | +€786,662 | +434.4% |
| Other amounts receivable | 41 | €25,475 | €72,843 | +€47,368 | +185.9% |
| Cash at bank and in hand | 54/58 | €431,373 | €410,415 | -€20,958 | -4.9% |
| Deferred charges and accrued income | 490/1 | €21,012 | €17,207 | -€3,805 | -18.1% |
| Total equity and liabilities | 10/49 | €1,420,784 | €2,158,692 | +€737,908 | +51.9% |
| Equity | 10/15 | €1,238,217 | €1,590,515 | +€352,298 | +28.5% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,121,505 | €1,476,728 | +€355,223 | +31.7% |
| Investment grants | 15 | €6,711 | €3,786 | -€2,925 | -43.6% |
| Amounts payable | 17/49 | €182,567 | €568,177 | +€385,610 | +211.2% |
| Amounts payable after more than one year | 17 | €65,062 | €18,074 | -€46,988 | -72.2% |
| Financial debts | 170/4 | €65,062 | €18,074 | -€46,988 | -72.2% |
| Amounts payable within one year | 42/48 | €116,537 | €545,818 | +€429,281 | +368.4% |
| Current portion of amounts payable after more than one year | 42 | €46,712 | €46,988 | +€276 | +0.6% |
| Trade debts | 44 | €22,033 | €321,248 | +€299,215 | +1358.0% |
| Suppliers | 440/4 | €22,033 | €321,248 | +€299,215 | +1358.0% |
| Taxes, remuneration and social security | 45 | €47,792 | €177,582 | +€129,790 | +271.6% |
| Taxes | 450/3 | €22,724 | €150,460 | +€127,736 | +562.1% |
| Remuneration and social security | 454/9 | €25,068 | €27,123 | +€2,054 | +8.2% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €968 | €4,285 | +€3,317 | +342.8% |
| Remuneration, social security and pensions | 62 | €634,298 | €664,862 | +€30,564 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €84,632 | €91,969 | +€7,337 | +8.7% |
| Other operating charges | 640/8 | €5,818 | €6,045 | +€227 | +3.9% |
| Gross operating margin | 9900 | €1,013,655 | €1,229,457 | +€215,802 | +21.3% |
| Operating profit (loss) | 9901 | €288,907 | €466,581 | +€177,675 | +61.5% |
| Financial income | 75/76B | €5,591 | €11,876 | +€6,285 | +112.4% |
| Recurring financial income | 75 | €5,591 | €11,876 | +€6,285 | +112.4% |
| Financial charges | 65/66B | €3,545 | €6,387 | +€2,843 | +80.2% |
| Recurring financial charges | 65 | €3,545 | €6,387 | +€2,843 | +80.2% |
| Profit (loss) for the period before taxes | 9903 | €290,953 | €472,070 | +€181,117 | +62.2% |
| Income taxes | 67/77 | €72,769 | €116,848 | +€44,079 | +60.6% |
| Profit (loss) for the period | 9904 | €218,185 | €355,223 | +€137,038 | +62.8% |
| Profit (loss) for the period to be appropriated | 9905 | €218,185 | €355,223 | +€137,038 | +62.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.