HERBAUT-ENDOCRINO: 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.
HERBAUT-ENDOCRINO
Largest movements
- Current investments +€100,000
new in 2025: €100,000
- Cash -€80,211
down €80,211 (-42.0%), from €190,874 to €110,663
mainly Current investments (-€100,000) and Other debts (-€1,649)
- Tangible fixed assets -€6,998
down €6,998 (-28.1%), from €24,889 to €17,892
of which Furniture and vehicles: -€3,636
- Reserves +€16,749
up €16,749 (+8.3%), from €201,301 to €218,050
of which Distributable reserves: +€16,749
- Gross operating margin +€8,759
up €8,759 (+36.9%), from €23,708 to €32,467
- Depreciation +€3,856
up €3,856 (+83.4%), from €4,621 to €8,477
- Financial income +€2,968
up €2,968 (+367%), from €808 to €3,776
- Taxes +€2,165
up €2,165 (+44.3%), from €4,888 to €7,052
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 | €222,236 | €237,510 | +€15,274 | +6.9% |
| Fixed assets | 21/28 | €24,889 | €17,892 | -€6,998 | -28.1% |
| Tangible fixed assets | 22/27 | €24,889 | €17,892 | -€6,998 | -28.1% |
| Plant, machinery and equipment | 23 | €12,664 | €9,302 | -€3,362 | -26.5% |
| Furniture and vehicles | 24 | €12,226 | €8,590 | -€3,636 | -29.7% |
| Current assets | 29/58 | €197,347 | €219,619 | +€22,272 | +11.3% |
| Amounts receivable within one year | 40/41 | €2,438 | €3,499 | +€1,060 | +43.5% |
| Other amounts receivable | 41 | €2,438 | €3,499 | +€1,060 | +43.5% |
| Current investments | 50/53 | - | €100,000 | +€100,000 | |
| Cash at bank and in hand | 54/58 | €190,874 | €110,663 | -€80,211 | -42.0% |
| Deferred charges and accrued income | 490/1 | €4,035 | €5,457 | +€1,423 | +35.3% |
| Total equity and liabilities | 10/49 | €222,236 | €237,510 | +€15,274 | +6.9% |
| Equity | 10/15 | €213,801 | €230,550 | +€16,749 | +7.8% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €201,301 | €218,050 | +€16,749 | +8.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €201,301 | €218,050 | +€16,749 | +8.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €8,435 | €6,960 | -€1,475 | -17.5% |
| Amounts payable within one year | 42/48 | €8,135 | €6,547 | -€1,588 | -19.5% |
| Trade debts | 44 | €1,747 | €1,259 | -€488 | -27.9% |
| Suppliers | 440/4 | €1,747 | €1,259 | -€488 | -27.9% |
| Taxes, remuneration and social security | 45 | €3,906 | €4,455 | +€548 | +14.0% |
| Taxes | 450/3 | €3,906 | €4,455 | +€548 | +14.0% |
| Other amounts payable | 47/48 | €2,482 | €833 | -€1,649 | -66.4% |
| Accrued charges and deferred income | 492/3 | €300 | €413 | +€113 | +37.8% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,621 | €8,477 | +€3,856 | +83.4% |
| Other operating charges | 640/8 | €2,235 | €2,303 | +€68 | +3.1% |
| Gross operating margin | 9900 | €23,708 | €32,467 | +€8,759 | +36.9% |
| Operating profit (loss) | 9901 | €16,852 | €21,687 | +€4,834 | +28.7% |
| Financial income | 75/76B | €808 | €3,776 | +€2,968 | +367% |
| Recurring financial income | 75 | €808 | €3,776 | +€2,968 | +367% |
| Financial charges | 65/66B | €707 | €827 | +€120 | +17.0% |
| Recurring financial charges | 65 | €707 | €827 | +€120 | +17.0% |
| Profit (loss) for the period before taxes | 9903 | €16,953 | €24,635 | +€7,682 | +45.3% |
| Income taxes | 67/77 | €4,888 | €7,052 | +€2,165 | +44.3% |
| Profit (loss) for the period | 9904 | €12,065 | €17,582 | +€5,517 | +45.7% |
| Profit (loss) for the period to be appropriated | 9905 | €12,065 | €17,582 | +€5,517 | +45.7% |
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 25 October 2026 via checked.be.