HERBA IQF: 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.
HERBA IQF
Largest movements
- Receivables within one year -€211,931
down €211,931 (-43.0%), from €492,617 to €280,685
of which Trade receivables: -€134,967
- Cash +€51,785
up €51,785 (+6.6%), from €786,158 to €837,943
mainly Receivables within one year (+€211,931) and Depreciation (+€13,280)
- Stocks and contracts +€26,568
up €26,568 (+193%), from €13,746 to €40,313
- Trade debts -€154,553
down €154,553 (-46.5%), from €332,255 to €177,702
- Gross operating margin +€7,904
up €7,904 (+21.7%), from €36,464 to €44,368
- Financial income +€6,367
up €6,367 (+933%), from €682 to €7,050
- Taxes +€3,404
up €3,404 (+443%), from €769 to €4,173
- Depreciation -€744
down €744 (-5.3%), from €14,025 to €13,280
- Financial charges +€621
up €621 (+4.0%), from €15,500 to €16,121
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 | €1,654,758 | €1,508,304 | -€146,453 | -8.9% |
| Fixed assets | 21/28 | €355,764 | €342,484 | -€13,280 | -3.7% |
| Tangible fixed assets | 22/27 | €355,764 | €342,484 | -€13,280 | -3.7% |
| Land and buildings | 22 | €315,300 | €311,300 | -€4,000 | -1.3% |
| Plant, machinery and equipment | 23 | €40,464 | €31,184 | -€9,280 | -22.9% |
| Current assets | 29/58 | €1,298,994 | €1,165,820 | -€133,173 | -10.3% |
| Stocks and contracts in progress | 3 | €13,746 | €40,313 | +€26,568 | +193% |
| Stocks | 30/36 | €13,746 | €40,313 | +€26,568 | +193% |
| Amounts receivable within one year | 40/41 | €492,617 | €280,685 | -€211,931 | -43.0% |
| Trade receivables | 40 | €394,216 | €259,250 | -€134,967 | -34.2% |
| Other amounts receivable | 41 | €98,400 | €21,436 | -€76,965 | -78.2% |
| Cash at bank and in hand | 54/58 | €786,158 | €837,943 | +€51,785 | +6.6% |
| Deferred charges and accrued income | 490/1 | €6,473 | €6,879 | +€406 | +6.3% |
| Total equity and liabilities | 10/49 | €1,654,758 | €1,508,304 | -€146,453 | -8.9% |
| Equity | 10/15 | €1,099,068 | €1,110,946 | +€11,879 | +1.1% |
| Contributions | 10/11 | €423,900 | €423,900 | = | 0.0% |
| Reserves | 13 | €675,168 | €687,046 | +€11,879 | +1.8% |
| Distributable reserves | 133 | €675,168 | €687,046 | +€11,879 | +1.8% |
| Amounts payable | 17/49 | €555,690 | €397,358 | -€158,332 | -28.5% |
| Amounts payable within one year | 42/48 | €541,914 | €384,522 | -€157,392 | -29.0% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €332,255 | €177,702 | -€154,553 | -46.5% |
| Suppliers | 440/4 | €332,255 | €177,702 | -€154,553 | -46.5% |
| Taxes, remuneration and social security | 45 | €5,965 | €5,831 | -€134 | -2.3% |
| Taxes | 450/3 | €5,965 | €5,831 | -€134 | -2.3% |
| Other amounts payable | 47/48 | €203,694 | €200,989 | -€2,704 | -1.3% |
| Accrued charges and deferred income | 492/3 | €13,776 | €12,836 | -€940 | -6.8% |
| Remuneration, social security and pensions | 62 | €2,602 | €2,322 | -€280 | -10.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,025 | €13,280 | -€744 | -5.3% |
| Other operating charges | 640/8 | €3,713 | €3,643 | -€70 | -1.9% |
| Gross operating margin | 9900 | €36,464 | €44,368 | +€7,904 | +21.7% |
| Operating profit (loss) | 9901 | €16,125 | €25,123 | +€8,998 | +55.8% |
| Financial income | 75/76B | €682 | €7,050 | +€6,367 | +933% |
| Recurring financial income | 75 | €682 | €7,050 | +€6,367 | +933% |
| Financial charges | 65/66B | €15,500 | €16,121 | +€621 | +4.0% |
| Recurring financial charges | 65 | €15,500 | €16,121 | +€621 | +4.0% |
| Profit (loss) for the period before taxes | 9903 | €1,307 | €16,051 | +€14,744 | +1,128% |
| Income taxes | 67/77 | €769 | €4,173 | +€3,404 | +443% |
| Profit (loss) for the period | 9904 | €538 | €11,879 | +€11,341 | +2,109% |
| Profit (loss) for the period to be appropriated | 9905 | €538 | €11,879 | +€11,341 | +2,109% |
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 25 October 2026 via checked.be.