HERBICOUNT: 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.
HERBICOUNT
Largest movements
- Current investments +€82,566
new in 2025: €82,566
- Cash -€74,866
down €74,866 (-67.2%), from €111,447 to €36,580
mainly Current investments (-€82,566) and Contributions, distributions and other (-€16,279)
- Tangible fixed assets -€11,607
down €11,607 (-31.5%), from €36,812 to €25,205
of which Furniture and vehicles: -€7,242
- Receivables within one year +€2,562
up €2,562 (+7.6%), from €33,741 to €36,304
of which Other amounts receivable: +€2,626
- Other debts +€2,821
up €2,821 (+21.0%), from €13,459 to €16,279
- Tax, wage and social debts -€2,748
down €2,748 (-15.9%), from €17,298 to €14,550
- Gross operating margin +€6,874
up €6,874 (+21.5%), from €32,008 to €38,882
- Financial income -€3,135
down €3,135 (-77.3%), from €4,054 to €919
of which Non-recurring financial income: -€3,823
- Write-downs +€2,749
new in 2025: €2,749
- Other operating charges -€1,759
down €1,759 (-68.7%), from €2,560 to €801
- Taxes +€1,068
up €1,068 (+15.3%), from €6,991 to €8,059
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 | €182,210 | €180,865 | -€1,345 | -0.7% |
| Fixed assets | 21/28 | €36,961 | €25,354 | -€11,607 | -31.4% |
| Tangible fixed assets | 22/27 | €36,812 | €25,205 | -€11,607 | -31.5% |
| Land and buildings | 22 | €8,973 | €7,499 | -€1,474 | -16.4% |
| Plant, machinery and equipment | 23 | €3,432 | €541 | -€2,891 | -84.2% |
| Furniture and vehicles | 24 | €24,407 | €17,165 | -€7,242 | -29.7% |
| Financial fixed assets | 28 | €149 | €149 | = | 0.0% |
| Current assets | 29/58 | €145,249 | €155,511 | +€10,262 | +7.1% |
| Stocks and contracts in progress | 3 | €61 | €61 | = | 0.0% |
| Stocks | 30/36 | €61 | €61 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €33,741 | €36,304 | +€2,562 | +7.6% |
| Trade receivables | 40 | €29,598 | €29,535 | -€63 | -0.2% |
| Other amounts receivable | 41 | €4,144 | €6,769 | +€2,626 | +63.4% |
| Current investments | 50/53 | - | €82,566 | +€82,566 | |
| Cash at bank and in hand | 54/58 | €111,447 | €36,580 | -€74,866 | -67.2% |
| Total equity and liabilities | 10/49 | €182,210 | €180,865 | -€1,345 | -0.7% |
| Equity | 10/15 | €149,652 | €149,799 | +€147 | +0.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €131,060 | €131,207 | +€147 | +0.1% |
| Distributable reserves | 133 | €131,060 | €131,207 | +€147 | +0.1% |
| Amounts payable | 17/49 | €32,558 | €31,066 | -€1,492 | -4.6% |
| Amounts payable within one year | 42/48 | €32,558 | €31,066 | -€1,492 | -4.6% |
| Trade debts | 44 | €1,801 | €237 | -€1,564 | -86.8% |
| Suppliers | 440/4 | €1,801 | €237 | -€1,564 | -86.8% |
| Taxes, remuneration and social security | 45 | €17,298 | €14,550 | -€2,748 | -15.9% |
| Taxes | 450/3 | €17,298 | €14,550 | -€2,748 | -15.9% |
| Other amounts payable | 47/48 | €13,459 | €16,279 | +€2,821 | +21.0% |
| Remuneration, social security and pensions | 62 | €187 | - | -€187 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,313 | €11,607 | -€705 | -5.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €2,749 | +€2,749 | |
| Other operating charges | 640/8 | €2,560 | €801 | -€1,759 | -68.7% |
| Gross operating margin | 9900 | €32,008 | €38,882 | +€6,874 | +21.5% |
| Operating profit (loss) | 9901 | €16,949 | €23,724 | +€6,776 | +40.0% |
| Financial income | 75/76B | €4,054 | €919 | -€3,135 | -77.3% |
| Recurring financial income | 75 | €231 | €919 | +€688 | +298% |
| Non-recurring financial income | 76B | €3,823 | - | -€3,823 | |
| Financial charges | 65/66B | €467 | €158 | -€310 | -66.3% |
| Recurring financial charges | 65 | €467 | €158 | -€310 | -66.3% |
| Profit (loss) for the period before taxes | 9903 | €20,535 | €24,485 | +€3,950 | +19.2% |
| Income taxes | 67/77 | €6,991 | €8,059 | +€1,068 | +15.3% |
| Profit (loss) for the period | 9904 | €13,544 | €16,426 | +€2,883 | +21.3% |
| Profit (loss) for the period to be appropriated | 9905 | €13,544 | €16,426 | +€2,883 | +21.3% |
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.