HERAN: what changed
What changed
HERAN
NACE 71.111, Activities of building architects
filed annual accounts (NBB)
Net result for the year
€230,670
2024 · €214,527+€16,144
Equity
€1.8m
2024 · €1.5m+€230,183
Cash
€50,942
2024 · €80,340-€29,398
Balance sheet total
€3.1m
2024 · €3.0m+€108,253
Largest movements
Assets
- Receivables within one year +€229,478
up €229,478 (+29.5%), from €776,904 to €1.0m
of which Trade receivables: +€142,177
- Tangible fixed assets -€96,682
down €96,682 (-4.5%), from €2.1m to €2.0m
of which Leasing and similar rights: -€96,667
Equity and liabilities
- Reserves +€230,183
up €230,183 (+15.1%), from €1.5m to €1.8m
of which Distributable reserves: +€263,119
- Debts after one year -€134,393
down €134,393 (-12.6%), from €1.1m to €928,725
of which Financial debts: -€134,393
Income statement
- Gross operating margin +€18,076
up €18,076 (+3.7%), from €488,057 to €506,134
- Financial income +€12,702
up €12,702 (+107%), from €11,914 to €24,616
- Taxes +€7,205
up €7,205 (+5.9%), from €121,990 to €129,195
- Depreciation +€5,290
up €5,290 (+3.7%), from €141,668 to €146,957
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€214,527
Gross operating margin
+€18,076
Depreciation
-€5,290
Other operating charges
-€3,595
Other operating items
+€198
Financial income
+€12,702
Financial charges
+€1,256
Taxes
-€7,205
Result 2025
€230,670
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€132,149
Investment
-€50,275
Financing
-€111,271
Cash 2024
€80,340
From operations (derived)
+€132,149
Net result for the year
+€230,670
Depreciation
+€146,957
Receivables within one year
-€229,478
Deferred charges and accrued income
-€4,855
Provisions
-€15,598
Trade debts
+€15,203
Tax, wage and social debts
-€14,702
Other debts
+€3,951
Investment (derived)
-€50,275
Investment in fixed assets (net)
-€50,275
Financing
-€111,271
Debts after one year
-€134,393
Current portion of long-term debt
+€23,609
Contributions, distributions and other
-€487
Cash 2025
€50,942
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,988,503 | €3,096,756 | +€108,253 | +3.6% |
| Fixed assets | 21/28 | €2,128,322 | €2,031,640 | -€96,682 | -4.5% |
| Tangible fixed assets | 22/27 | €2,128,322 | €2,031,640 | -€96,682 | -4.5% |
| Land and buildings | 22 | €1,193,960 | €1,181,296 | -€12,664 | -1.1% |
| Plant, machinery and equipment | 23 | €35,326 | €43,998 | +€8,672 | +24.5% |
| Furniture and vehicles | 24 | €4,870 | €8,847 | +€3,977 | +81.7% |
| Leasing and similar rights | 25 | €894,167 | €797,500 | -€96,667 | -10.8% |
| Current assets | 29/58 | €860,181 | €1,065,116 | +€204,935 | +23.8% |
| Amounts receivable within one year | 40/41 | €776,904 | €1,006,382 | +€229,478 | +29.5% |
| Trade receivables | 40 | €324,033 | €466,210 | +€142,177 | +43.9% |
| Other amounts receivable | 41 | €452,871 | €540,172 | +€87,301 | +19.3% |
| Cash at bank and in hand | 54/58 | €80,340 | €50,942 | -€29,398 | -36.6% |
| Deferred charges and accrued income | 490/1 | €2,937 | €7,791 | +€4,855 | +165% |
| Total equity and liabilities | 10/49 | €2,988,503 | €3,096,756 | +€108,253 | +3.6% |
| Equity | 10/15 | €1,534,620 | €1,764,802 | +€230,183 | +15.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,522,220 | €1,752,402 | +€230,183 | +15.1% |
| Tax-exempt reserves | 132 | €455,583 | €422,647 | -€32,936 | -7.2% |
| Distributable reserves | 133 | €1,066,636 | €1,329,755 | +€263,119 | +24.7% |
| Provisions and deferred taxes | 16 | €183,882 | €168,284 | -€15,598 | -8.5% |
| Deferred taxes | 168 | €183,882 | €168,284 | -€15,598 | -8.5% |
| Amounts payable | 17/49 | €1,270,002 | €1,163,670 | -€106,332 | -8.4% |
| Amounts payable after more than one year | 17 | €1,063,118 | €928,725 | -€134,393 | -12.6% |
| Financial debts | 170/4 | €1,057,948 | €923,555 | -€134,393 | -12.7% |
| Other amounts payable | 178/9 | €5,170 | €5,170 | = | 0.0% |
| Amounts payable within one year | 42/48 | €202,596 | €230,657 | +€28,061 | +13.9% |
| Current portion of amounts payable after more than one year | 42 | €147,068 | €170,678 | +€23,609 | +16.1% |
| Trade debts | 44 | €18,183 | €33,385 | +€15,203 | +83.6% |
| Suppliers | 440/4 | €18,183 | €33,385 | +€15,203 | +83.6% |
| Taxes, remuneration and social security | 45 | €31,962 | €17,260 | -€14,702 | -46.0% |
| Taxes | 450/3 | €31,962 | €17,260 | -€14,702 | -46.0% |
| Other amounts payable | 47/48 | €5,383 | €9,334 | +€3,951 | +73.4% |
| Accrued charges and deferred income | 492/3 | €4,288 | €4,288 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €141,668 | €146,957 | +€5,290 | +3.7% |
| Other operating charges | 640/8 | €19,783 | €23,377 | +€3,595 | +18.2% |
| Non-recurring operating charges | 66A | €198 | - | -€198 | |
| Gross operating margin | 9900 | €488,057 | €506,134 | +€18,076 | +3.7% |
| Operating profit (loss) | 9901 | €326,409 | €335,799 | +€9,390 | +2.9% |
| Financial income | 75/76B | €11,914 | €24,616 | +€12,702 | +107% |
| Recurring financial income | 75 | €11,914 | €24,616 | +€12,702 | +107% |
| Financial charges | 65/66B | €17,403 | €16,147 | -€1,256 | -7.2% |
| Recurring financial charges | 65 | €17,403 | €16,147 | -€1,256 | -7.2% |
| Profit (loss) for the period before taxes | 9903 | €320,920 | €344,268 | +€23,348 | +7.3% |
| Transfer from deferred taxes | 780 | €15,598 | €15,598 | = | 0.0% |
| Income taxes | 67/77 | €121,990 | €129,195 | +€7,205 | +5.9% |
| Profit (loss) for the period | 9904 | €214,527 | €230,670 | +€16,144 | +7.5% |
| Transfer from tax-exempt reserves | 789 | €33,424 | €32,449 | -€975 | -2.9% |
| Profit (loss) for the period to be appropriated | 9905 | €247,950 | €263,119 | +€15,169 | +6.1% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.