HERBAROMA: 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.
HERBAROMA
Largest movements
- Current investments -€393,772
no longer reported in 2025 (was €393,772)
- Tangible fixed assets +€198,528
up €198,528 (+26.3%), from €755,091 to €953,619
of which Plant, machinery and equipment: +€115,475
- Cash -€158,892
down €158,892 (-38.3%), from €414,583 to €255,691
mainly Current portion of long-term debt (-€565,342) and Contributions, distributions and other (-€240,000)
- Receivables within one year +€51,517
up €51,517 (+17.7%), from €291,737 to €343,254
of which Other amounts receivable: +€72,443
- Stocks and contracts +€40,668
up €40,668 (+20.0%), from €203,614 to €244,282
- Current portion of long-term debt -€565,342
down €565,342 (-96.4%), from €586,494 to €21,152
- Debts after one year +€540,719
new in 2025: €540,719
- Reserves -€182,945
down €182,945 (-16.4%), from €1.1m to €932,299
of which Distributable reserves: -€162,843
- Tax, wage and social debts -€34,345
down €34,345 (-74.2%), from €46,306 to €11,961
of which Taxes: -€36,964
- Financial income -€37,551
down €37,551 (-89.1%), from €42,167 to €4,616
- Depreciation +€21,051
up €21,051 (+116%), from €18,133 to €39,184
- Staff costs +€14,748
up €14,748 (+31.4%), from €47,000 to €61,748
- Taxes -€10,711
down €10,711 (-23.4%), from €45,789 to €35,078
- Financial charges -€7,815
down €7,815 (-27.6%), from €28,351 to €20,536
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 | €2,059,325 | €1,804,915 | -€254,410 | -12.4% |
| Fixed assets | 21/28 | €755,091 | €953,619 | +€198,528 | +26.3% |
| Tangible fixed assets | 22/27 | €755,091 | €953,619 | +€198,528 | +26.3% |
| Land and buildings | 22 | €755,091 | €810,892 | +€55,801 | +7.4% |
| Plant, machinery and equipment | 23 | - | €115,475 | +€115,475 | |
| Furniture and vehicles | 24 | - | €27,252 | +€27,252 | |
| Current assets | 29/58 | €1,304,234 | €851,296 | -€452,938 | -34.7% |
| Stocks and contracts in progress | 3 | €203,614 | €244,282 | +€40,668 | +20.0% |
| Stocks | 30/36 | €203,614 | €244,282 | +€40,668 | +20.0% |
| Amounts receivable within one year | 40/41 | €291,737 | €343,254 | +€51,517 | +17.7% |
| Trade receivables | 40 | €146,569 | €125,642 | -€20,926 | -14.3% |
| Other amounts receivable | 41 | €145,169 | €217,612 | +€72,443 | +49.9% |
| Current investments | 50/53 | €393,772 | - | -€393,772 | |
| Cash at bank and in hand | 54/58 | €414,583 | €255,691 | -€158,892 | -38.3% |
| Deferred charges and accrued income | 490/1 | €528 | €8,069 | +€7,541 | +1,427% |
| Total equity and liabilities | 10/49 | €2,059,325 | €1,804,915 | -€254,410 | -12.4% |
| Equity | 10/15 | €1,152,428 | €969,483 | -€182,945 | -15.9% |
| Contributions | 10/11 | €37,184 | €37,184 | = | 0.0% |
| Reserves | 13 | €1,115,244 | €932,299 | -€182,945 | -16.4% |
| Non-distributable reserves | 130/1 | €3,718 | €3,718 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,718 | €3,718 | = | 0.0% |
| Tax-exempt reserves | 132 | €453,690 | €433,587 | -€20,103 | -4.4% |
| Distributable reserves | 133 | €657,836 | €494,993 | -€162,843 | -24.8% |
| Provisions and deferred taxes | 16 | €131,521 | €124,820 | -€6,701 | -5.1% |
| Provisions for liabilities and charges | 160/5 | €21,393 | €21,393 | = | 0.0% |
| Major repairs and maintenance | 162 | €21,393 | €21,393 | = | 0.0% |
| Deferred taxes | 168 | €110,128 | €103,427 | -€6,701 | -6.1% |
| Amounts payable | 17/49 | €775,376 | €710,612 | -€64,764 | -8.4% |
| Amounts payable after more than one year | 17 | - | €540,719 | +€540,719 | |
| Financial debts | 170/4 | - | €540,719 | +€540,719 | |
| Amounts payable within one year | 42/48 | €775,274 | €169,887 | -€605,387 | -78.1% |
| Current portion of amounts payable after more than one year | 42 | €586,494 | €21,152 | -€565,342 | -96.4% |
| Trade debts | 44 | €142,474 | €136,774 | -€5,700 | -4.0% |
| Suppliers | 440/4 | €142,474 | €136,774 | -€5,700 | -4.0% |
| Taxes, remuneration and social security | 45 | €46,306 | €11,961 | -€34,345 | -74.2% |
| Taxes | 450/3 | €39,275 | €2,310 | -€36,964 | -94.1% |
| Remuneration and social security | 454/9 | €7,031 | €9,651 | +€2,619 | +37.3% |
| Accrued charges and deferred income | 492/3 | €102 | €6 | -€96 | -94.1% |
| Remuneration, social security and pensions | 62 | €47,000 | €61,748 | +€14,748 | +31.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,133 | €39,184 | +€21,051 | +116% |
| Other operating charges | 640/8 | €3,361 | €2,412 | -€949 | -28.2% |
| Gross operating margin | 9900 | €198,248 | €204,696 | +€6,448 | +3.3% |
| Operating profit (loss) | 9901 | €129,754 | €101,351 | -€28,402 | -21.9% |
| Financial income | 75/76B | €42,167 | €4,616 | -€37,551 | -89.1% |
| Recurring financial income | 75 | €42,167 | €4,616 | -€37,551 | -89.1% |
| Financial charges | 65/66B | €28,351 | €20,536 | -€7,815 | -27.6% |
| Recurring financial charges | 65 | €28,351 | €20,536 | -€7,815 | -27.6% |
| Profit (loss) for the period before taxes | 9903 | €143,570 | €85,432 | -€58,138 | -40.5% |
| Transfer from deferred taxes | 780 | €2,376 | €6,701 | +€4,325 | +182% |
| Income taxes | 67/77 | €45,789 | €35,078 | -€10,711 | -23.4% |
| Profit (loss) for the period | 9904 | €100,156 | €57,055 | -€43,101 | -43.0% |
| Transfer from tax-exempt reserves | 789 | €7,127 | €20,103 | +€12,976 | +182% |
| Profit (loss) for the period to be appropriated | 9905 | €107,283 | €77,157 | -€30,125 | -28.1% |
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 30 October 2026 via checked.be.