Herbertech: 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.
Herbertech
Largest movements
- Receivables within one year +€16,744
up €16,744 (+102.4%), from €16,359 to €33,103
of which Other amounts receivable: +€16,797
- Cash -€16,305
down €16,305 (-39.5%), from €41,299 to €24,994
mainly Contributions, distributions and other (-€48,529) and Receivables within one year (-€16,744)
- Current investments -€14,497
down €14,497 (-100.0%), from €14,497 to €0
- Tangible fixed assets -€8,432
down €8,432 (-48.8%), from €17,270 to €8,838
of which Leasing and similar rights: -€6,810
- Reserves -€15,592
down €15,592 (-23.2%), from €67,259 to €51,667
- Current portion of long-term debt -€5,017
down €5,017 (-68.0%), from €7,373 to €2,357
- Debts after one year -€2,357
down €2,357 (-100.0%), from €2,357 to €0
- Trade debts -€1,199
down €1,199 (-39.8%), from €3,008 to €1,809
- Gross operating margin -€12,443
down €12,443 (-20.8%), from €59,725 to €47,282
- Financial income +€5,517
up €5,517, from €0 to €5,517
- Financial charges -€830
down €830 (-78.3%), from €1,061 to €230
- Taxes -€782
down €782 (-7.4%), from €10,581 to €9,799
- Depreciation -€766
down €766 (-8.3%), from €9,197 to €8,432
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 | €91,397 | €68,668 | -€22,728 | -24.9% |
| Fixed assets | 21/28 | €17,270 | €8,838 | -€8,432 | -48.8% |
| Tangible fixed assets | 22/27 | €17,270 | €8,838 | -€8,432 | -48.8% |
| Plant, machinery and equipment | 23 | €157 | €109 | -€48 | -30.5% |
| Furniture and vehicles | 24 | €4,303 | €2,904 | -€1,399 | -32.5% |
| Leasing and similar rights | 25 | €9,453 | €2,643 | -€6,810 | -72.0% |
| Other tangible fixed assets | 26 | €3,357 | €3,182 | -€175 | -5.2% |
| Current assets | 29/58 | €74,127 | €59,830 | -€14,297 | -19.3% |
| Amounts receivable within one year | 40/41 | €16,359 | €33,103 | +€16,744 | +102.4% |
| Trade receivables | 40 | €16,355 | €16,301 | -€53 | -0.3% |
| Other amounts receivable | 41 | €4 | €16,801 | +€16,797 | +377457.8% |
| Current investments | 50/53 | €14,497 | €0 | -€14,497 | -100.0% |
| Cash at bank and in hand | 54/58 | €41,299 | €24,994 | -€16,305 | -39.5% |
| Deferred charges and accrued income | 490/1 | €1,972 | €1,733 | -€238 | -12.1% |
| Total equity and liabilities | 10/49 | €91,397 | €68,668 | -€22,728 | -24.9% |
| Equity | 10/15 | €70,759 | €55,167 | -€15,592 | -22.0% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | €67,259 | €51,667 | -€15,592 | -23.2% |
| Distributable reserves | 133 | €67,259 | €51,667 | -€15,592 | -23.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €20,638 | €13,501 | -€7,137 | -34.6% |
| Amounts payable after more than one year | 17 | €2,357 | €0 | -€2,357 | -100.0% |
| Financial debts | 170/4 | €2,357 | €0 | -€2,357 | -100.0% |
| Amounts payable within one year | 42/48 | €18,280 | €13,501 | -€4,779 | -26.1% |
| Current portion of amounts payable after more than one year | 42 | €7,373 | €2,357 | -€5,017 | -68.0% |
| Trade debts | 44 | €3,008 | €1,809 | -€1,199 | -39.8% |
| Suppliers | 440/4 | €3,008 | €1,809 | -€1,199 | -39.8% |
| Taxes, remuneration and social security | 45 | €7,898 | €8,800 | +€901 | +11.4% |
| Taxes | 450/3 | €5,438 | €6,339 | +€901 | +16.6% |
| Remuneration and social security | 454/9 | €2,461 | €2,461 | = | 0.0% |
| Other amounts payable | 47/48 | - | €535 | +€535 | |
| Accrued charges and deferred income | 492/3 | €1 | €0 | -€1 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,197 | €8,432 | -€766 | -8.3% |
| Other operating charges | 640/8 | €1,292 | €1,400 | +€108 | +8.4% |
| Gross operating margin | 9900 | €59,725 | €47,282 | -€12,443 | -20.8% |
| Operating profit (loss) | 9901 | €49,236 | €37,450 | -€11,786 | -23.9% |
| Financial income | 75/76B | €0 | €5,517 | +€5,517 | |
| Recurring financial income | 75 | €0 | €5,517 | +€5,517 | |
| Financial charges | 65/66B | €1,061 | €230 | -€830 | -78.3% |
| Recurring financial charges | 65 | €1,061 | €230 | -€830 | -78.3% |
| Profit (loss) for the period before taxes | 9903 | €48,175 | €42,737 | -€5,439 | -11.3% |
| Income taxes | 67/77 | €10,581 | €9,799 | -€782 | -7.4% |
| Profit (loss) for the period | 9904 | €37,595 | €32,938 | -€4,657 | -12.4% |
| Profit (loss) for the period to be appropriated | 9905 | €37,595 | €32,938 | -€4,657 | -12.4% |
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 9 October 2026 via checked.be.