HERBEAUBOIS: 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.
HERBEAUBOIS
Largest movements
- Stocks and contracts -€482,772
no longer reported in 2025 (was €482,772)
- Tangible fixed assets -€152,953
down €152,953 (-39.0%), from €392,032 to €239,079
- Receivables within one year -€42,489
down €42,489 (-38.4%), from €110,515 to €68,026
of which Trade receivables: -€72,710
- Profit (loss) carried forward -€329,080
down €329,080 (-245%), from -€134,323 to -€463,403
- Trade debts -€220,664
down €220,664 (-87.0%), from €253,670 to €33,005
- Debts after one year -€89,480
down €89,480 (-61.2%), from €146,102 to €56,622
- Current portion of long-term debt -€23,730
down €23,730 (-37.4%), from €63,444 to €39,714
- Short-term financial debts -€15,340
down €15,340 (-4.0%), from €383,594 to €368,254
of which Other loans: -€15,340
- Gross operating margin -€182,810
down €182,810, from €93,392 to -€89,419
- Staff costs -€49,941
down €49,941 (-28.4%), from €175,691 to €125,750
- Depreciation -€26,791
down €26,791 (-41.0%), from €65,412 to €38,622
- Financial charges -€17,323
down €17,323 (-42.4%), from €40,850 to €23,527
of which Financial charges: -€16,870
- Financial income -€6,876
down €6,876 (-81.4%), from €8,443 to €1,567
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 | €998,044 | €308,470 | -€689,574 | -69.1% |
| Fixed assets | 21/28 | €393,532 | €239,579 | -€153,953 | -39.1% |
| Tangible fixed assets | 22/27 | €392,032 | €239,079 | -€152,953 | -39.0% |
| Land and buildings | 22 | €301,100 | €236,099 | -€65,001 | -21.6% |
| Plant, machinery and equipment | 23 | €11,155 | €297 | -€10,858 | -97.3% |
| Furniture and vehicles | 24 | €3,905 | €2,683 | -€1,221 | -31.3% |
| Leasing and similar rights | 25 | €75,873 | - | -€75,873 | |
| Financial fixed assets | 28 | €1,500 | €500 | -€1,000 | -66.7% |
| Current assets | 29/58 | €604,512 | €68,891 | -€535,621 | -88.6% |
| Stocks and contracts in progress | 3 | €482,772 | - | -€482,772 | |
| Stocks | 30/36 | €482,772 | - | -€482,772 | |
| Amounts receivable within one year | 40/41 | €110,515 | €68,026 | -€42,489 | -38.4% |
| Trade receivables | 40 | €75,402 | €2,692 | -€72,710 | -96.4% |
| Other amounts receivable | 41 | €35,113 | €65,334 | +€30,221 | +86.1% |
| Cash at bank and in hand | 54/58 | €3,132 | €177 | -€2,956 | -94.4% |
| Deferred charges and accrued income | 490/1 | €8,094 | €689 | -€7,405 | -91.5% |
| Total equity and liabilities | 10/49 | €998,044 | €308,470 | -€689,574 | -69.1% |
| Equity | 10/15 | €110,544 | -€218,536 | -€329,080 | |
| Contributions | 10/11 | €207,586 | €207,586 | = | 0.0% |
| Revaluation surpluses | 12 | €37,282 | €37,282 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€134,323 | -€463,403 | -€329,080 | -245% |
| Amounts payable | 17/49 | €887,500 | €527,006 | -€360,494 | -40.6% |
| Amounts payable after more than one year | 17 | €146,102 | €56,622 | -€89,480 | -61.2% |
| Financial debts | 170/4 | €146,102 | €56,622 | -€89,480 | -61.2% |
| Amounts payable within one year | 42/48 | €737,654 | €470,215 | -€267,439 | -36.3% |
| Current portion of amounts payable after more than one year | 42 | €63,444 | €39,714 | -€23,730 | -37.4% |
| Financial debts | 43 | €383,594 | €368,254 | -€15,340 | -4.0% |
| Credit institutions | 430/8 | €275,000 | €275,000 | = | 0.0% |
| Other loans | 439 | €108,594 | €93,254 | -€15,340 | -14.1% |
| Trade debts | 44 | €253,670 | €33,005 | -€220,664 | -87.0% |
| Suppliers | 440/4 | €253,670 | €33,005 | -€220,664 | -87.0% |
| Taxes, remuneration and social security | 45 | €36,945 | €27,241 | -€9,704 | -26.3% |
| Taxes | 450/3 | €15,231 | €8,476 | -€6,755 | -44.3% |
| Remuneration and social security | 454/9 | €21,714 | €18,765 | -€2,950 | -13.6% |
| Other amounts payable | 47/48 | - | €2,000 | +€2,000 | |
| Accrued charges and deferred income | 492/3 | €3,744 | €169 | -€3,575 | -95.5% |
| Non-recurring operating income | 76A | - | €9,045 | +€9,045 | |
| Remuneration, social security and pensions | 62 | €175,691 | €125,750 | -€49,941 | -28.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,412 | €38,622 | -€26,791 | -41.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,004 | €1,303 | -€702 | -35.0% |
| Other operating charges | 640/8 | €26,117 | €22,520 | -€3,597 | -13.8% |
| Non-recurring operating charges | 66A | €1,009 | €29,716 | +€28,707 | +2,845% |
| Gross operating margin | 9900 | €93,392 | -€89,419 | -€182,810 | |
| Operating profit (loss) | 9901 | -€176,842 | -€307,329 | -€130,487 | -73.8% |
| Financial income | 75/76B | €8,443 | €1,567 | -€6,876 | -81.4% |
| Recurring financial income | 75 | €8,443 | €1,567 | -€6,876 | -81.4% |
| Financial charges | 65/66B | €40,850 | €23,527 | -€17,323 | -42.4% |
| Recurring financial charges | 65 | €40,397 | €23,527 | -€16,870 | -41.8% |
| Non-recurring financial charges | 66B | €453 | - | -€453 | |
| Profit (loss) for the period before taxes | 9903 | -€209,249 | -€329,289 | -€120,041 | -57.4% |
| Income taxes | 67/77 | €414 | -€209 | -€623 | |
| Profit (loss) for the period | 9904 | -€209,662 | -€329,080 | -€119,418 | -57.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€209,662 | -€329,080 | -€119,418 | -57.0% |
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 26 October 2026 via checked.be.