HERBODINHOF: 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.
HERBODINHOF
Largest movements
- Cash -€34,775
down €34,775 (-17.6%), from €197,998 to €163,223
mainly Receivables within one year (-€30,919) and Net result for the year (-€20,524)
- Receivables within one year +€30,919
up €30,919 (+130%), from €23,721 to €54,640
of which Trade receivables: +€31,147
- Tangible fixed assets +€3,533
up €3,533 (+3.7%), from €95,106 to €98,639
of which Land and buildings: +€3,805
- Profit (loss) carried forward -€20,524
down €20,524 (-3.5%), from -€578,914 to -€599,439
- Other debts +€17,697
up €17,697 (+2.1%), from €834,916 to €852,613
- Trade debts +€11,990
up €11,990 (+1,360%), from €881 to €12,871
- Accrued charges and deferred income -€8,000
no longer reported in 2025 (was €8,000)
- Gross operating margin +€6,913
up €6,913 (+27.4%), from -€25,253 to -€18,340
- Other operating charges -€1,447
down €1,447 (-43.8%), from €3,301 to €1,854
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 | €316,826 | €316,502 | -€323 | -0.1% |
| Fixed assets | 21/28 | €95,106 | €98,639 | +€3,533 | +3.7% |
| Tangible fixed assets | 22/27 | €95,106 | €98,639 | +€3,533 | +3.7% |
| Land and buildings | 22 | €93,952 | €97,756 | +€3,805 | +4.0% |
| Plant, machinery and equipment | 23 | €1,155 | €883 | -€272 | -23.5% |
| Current assets | 29/58 | €221,719 | €217,863 | -€3,856 | -1.7% |
| Amounts receivable within one year | 40/41 | €23,721 | €54,640 | +€30,919 | +130% |
| Trade receivables | 40 | €11,034 | €42,181 | +€31,147 | +282% |
| Other amounts receivable | 41 | €12,687 | €12,459 | -€228 | -1.8% |
| Cash at bank and in hand | 54/58 | €197,998 | €163,223 | -€34,775 | -17.6% |
| Total equity and liabilities | 10/49 | €316,826 | €316,502 | -€323 | -0.1% |
| Equity | 10/15 | -€528,914 | -€549,439 | -€20,524 | -3.9% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€578,914 | -€599,439 | -€20,524 | -3.5% |
| Amounts payable | 17/49 | €845,740 | €865,941 | +€20,201 | +2.4% |
| Amounts payable within one year | 42/48 | €837,740 | €865,941 | +€28,201 | +3.4% |
| Trade debts | 44 | €881 | €12,871 | +€11,990 | +1,360% |
| Suppliers | 440/4 | €881 | €12,871 | +€11,990 | +1,360% |
| Taxes, remuneration and social security | 45 | €1,942 | €457 | -€1,486 | -76.5% |
| Taxes | 450/3 | €1,942 | €457 | -€1,486 | -76.5% |
| Other amounts payable | 47/48 | €834,916 | €852,613 | +€17,697 | +2.1% |
| Accrued charges and deferred income | 492/3 | €8,000 | - | -€8,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €204 | €272 | +€68 | +33.3% |
| Other operating charges | 640/8 | €3,301 | €1,854 | -€1,447 | -43.8% |
| Gross operating margin | 9900 | -€25,253 | -€18,340 | +€6,913 | +27.4% |
| Operating profit (loss) | 9901 | -€28,758 | -€20,466 | +€8,292 | +28.8% |
| Financial charges | 65/66B | €128 | €59 | -€69 | -54.0% |
| Recurring financial charges | 65 | €128 | €59 | -€69 | -54.0% |
| Profit (loss) for the period before taxes | 9903 | -€28,886 | -€20,524 | +€8,361 | +28.9% |
| Profit (loss) for the period | 9904 | -€28,886 | -€20,524 | +€8,361 | +28.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€28,886 | -€20,524 | +€8,361 | +28.9% |
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 20 October 2026 via checked.be.