HERBAR: 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.
HERBAR
Largest movements
- Receivables within one year +€52,578
up €52,578 (+23678.4%), from €222 to €52,800
of which Trade receivables: +€52,800
- Cash -€51,936
down €51,936 (-29.5%), from €176,121 to €124,184
mainly Receivables within one year (-€52,578) and Other debts (-€3,593)
- Tangible fixed assets -€8,362
down €8,362 (-2.7%), from €308,127 to €299,765
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€1,270
down €1,270 (-18.7%), from €6,803 to €5,534
- Other operating charges +€301
up €301 (+17.8%), from €1,691 to €1,992
- Taxes -€143
down €143 (-24.1%), from €594 to €451
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 | €723,997 | €718,076 | -€5,921 | -0.8% |
| Fixed assets | 21/28 | €308,127 | €299,765 | -€8,362 | -2.7% |
| Tangible fixed assets | 22/27 | €308,127 | €299,765 | -€8,362 | -2.7% |
| Land and buildings | 22 | €308,127 | €299,765 | -€8,362 | -2.7% |
| Current assets | 29/58 | €415,870 | €418,312 | +€2,442 | +0.6% |
| Amounts receivable after more than one year | 29 | €239,528 | €239,528 | = | 0.0% |
| Other amounts receivable | 291 | €239,528 | €239,528 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €222 | €52,800 | +€52,578 | +23678.4% |
| Trade receivables | 40 | - | €52,800 | +€52,800 | |
| Other amounts receivable | 41 | €222 | €0 | -€222 | -100.0% |
| Cash at bank and in hand | 54/58 | €176,121 | €124,184 | -€51,936 | -29.5% |
| Deferred charges and accrued income | 490/1 | - | €1,800 | +€1,800 | |
| Total equity and liabilities | 10/49 | €723,997 | €718,076 | -€5,921 | -0.8% |
| Equity | 10/15 | €412,816 | €412,427 | -€389 | -0.1% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €394,266 | €393,877 | -€389 | -0.1% |
| Tax-exempt reserves | 132 | €310,710 | €305,812 | -€4,898 | -1.6% |
| Distributable reserves | 133 | €83,556 | €88,065 | +€4,509 | +5.4% |
| Provisions and deferred taxes | 16 | €103,570 | €101,937 | -€1,633 | -1.6% |
| Deferred taxes | 168 | €103,570 | €101,937 | -€1,633 | -1.6% |
| Amounts payable | 17/49 | €207,611 | €203,712 | -€3,899 | -1.9% |
| Amounts payable within one year | 42/48 | €207,449 | €203,712 | -€3,736 | -1.8% |
| Taxes, remuneration and social security | 45 | €594 | €451 | -€143 | -24.1% |
| Taxes | 450/3 | €594 | €451 | -€143 | -24.1% |
| Other amounts payable | 47/48 | €206,854 | €203,261 | -€3,593 | -1.7% |
| Accrued charges and deferred income | 492/3 | €162 | €0 | -€162 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,362 | €8,362 | = | 0.0% |
| Other operating charges | 640/8 | €1,691 | €1,992 | +€301 | +17.8% |
| Gross operating margin | 9900 | €6,803 | €5,534 | -€1,270 | -18.7% |
| Operating profit (loss) | 9901 | -€3,250 | -€4,820 | -€1,570 | -48.3% |
| Financial income | 75/76B | €3,593 | €3,593 | = | 0.0% |
| Recurring financial income | 75 | €3,593 | €3,593 | = | 0.0% |
| Financial charges | 65/66B | €336 | €344 | +€8 | +2.4% |
| Recurring financial charges | 65 | €336 | €344 | +€8 | +2.4% |
| Profit (loss) for the period before taxes | 9903 | €7 | -€1,571 | -€1,578 | |
| Transfer from deferred taxes | 780 | €1,633 | €1,633 | = | 0.0% |
| Income taxes | 67/77 | €594 | €451 | -€143 | -24.1% |
| Profit (loss) for the period | 9904 | €1,046 | -€389 | -€1,435 | |
| Transfer from tax-exempt reserves | 789 | €4,898 | €4,898 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €5,944 | €4,509 | -€1,435 | -24.1% |
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 10 October 2026 via checked.be.