HERDING BENELUX FILTERTECHNIEK: what changed
HERDING BENELUX FILTERTECHNIEK
Largest movements
- Stocks and contracts -€419,284
down €419,284 (-84.0%), from €499,311 to €80,027
- Cash +€362,786
up €362,786 (+162%), from €223,778 to €586,564
mainly Stocks and contracts (+€419,284) and Accrued charges and deferred income (+€165,801)
- Receivables within one year +€159,603
up €159,603 (+15.8%), from €1.0m to €1.2m
of which Trade receivables: +€126,112
- Tangible fixed assets -€100,439
down €100,439 (-34.1%), from €294,583 to €194,143
of which Furniture and vehicles: -€92,497
- Other debts -€199,315
down €199,315 (-68.1%), from €292,580 to €93,265
- Accrued charges and deferred income +€165,801
new in 2025: €165,801
- Trade debts +€53,458
up €53,458 (+41.3%), from €129,594 to €183,052
- Tax, wage and social debts -€21,266
down €21,266 (-16.5%), from €129,056 to €107,790
of which Remuneration and social security: -€27,547
- Gross operating margin -€328,341
down €328,341 (-30.7%), from €1.1m to €742,481
- Taxes -€86,958
down €86,958 (-79.9%), from €108,897 to €21,939
- Financial income -€41,937
down €41,937 (-48.6%), from €86,281 to €44,343
of which Non-recurring financial income: -€23,000
- Staff costs -€40,181
down €40,181 (-6.3%), from €633,872 to €593,691
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,044,236 | €2,043,187 | -€1,048 | -0.1% |
| Fixed assets | 21/28 | €295,698 | €195,259 | -€100,439 | -34.0% |
| Tangible fixed assets | 22/27 | €294,583 | €194,143 | -€100,439 | -34.1% |
| Plant, machinery and equipment | 23 | €26,940 | €18,998 | -€7,942 | -29.5% |
| Furniture and vehicles | 24 | €267,643 | €175,145 | -€92,497 | -34.6% |
| Financial fixed assets | 28 | €1,116 | €1,116 | = | 0.0% |
| Current assets | 29/58 | €1,748,537 | €1,847,928 | +€99,391 | +5.7% |
| Stocks and contracts in progress | 3 | €499,311 | €80,027 | -€419,284 | -84.0% |
| Stocks | 30/36 | €499,311 | €80,027 | -€419,284 | -84.0% |
| Amounts receivable within one year | 40/41 | €1,010,956 | €1,170,560 | +€159,603 | +15.8% |
| Trade receivables | 40 | €1,004,002 | €1,130,114 | +€126,112 | +12.6% |
| Other amounts receivable | 41 | €6,954 | €40,446 | +€33,492 | +482% |
| Cash at bank and in hand | 54/58 | €223,778 | €586,564 | +€362,786 | +162% |
| Deferred charges and accrued income | 490/1 | €14,492 | €10,777 | -€3,715 | -25.6% |
| Total equity and liabilities | 10/49 | €2,044,236 | €2,043,187 | -€1,048 | -0.1% |
| Equity | 10/15 | €1,493,006 | €1,493,280 | +€274 | 0.0% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Capital | 10 | €65,000 | €65,000 | = | 0.0% |
| Issued capital | 100 | €65,000 | €65,000 | = | 0.0% |
| Reserves | 13 | €1,428,006 | €1,428,280 | +€274 | 0.0% |
| Non-distributable reserves | 130/1 | €6,500 | €6,500 | = | 0.0% |
| Legal reserve | 130 | €6,500 | €6,500 | = | 0.0% |
| Distributable reserves | 133 | €1,421,506 | €1,421,780 | +€274 | 0.0% |
| Amounts payable | 17/49 | €551,230 | €549,907 | -€1,322 | -0.2% |
| Amounts payable within one year | 42/48 | €551,230 | €384,106 | -€167,123 | -30.3% |
| Trade debts | 44 | €129,594 | €183,052 | +€53,458 | +41.3% |
| Suppliers | 440/4 | €129,594 | €183,052 | +€53,458 | +41.3% |
| Taxes, remuneration and social security | 45 | €129,056 | €107,790 | -€21,266 | -16.5% |
| Taxes | 450/3 | €57,312 | €63,593 | +€6,281 | +11.0% |
| Remuneration and social security | 454/9 | €71,743 | €44,196 | -€27,547 | -38.4% |
| Other amounts payable | 47/48 | €292,580 | €93,265 | -€199,315 | -68.1% |
| Accrued charges and deferred income | 492/3 | - | €165,801 | +€165,801 | |
| Non-recurring operating income | 76A | - | €4,463 | +€4,463 | |
| Remuneration, social security and pensions | 62 | €633,872 | €593,691 | -€40,181 | -6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €78,565 | €76,131 | -€2,434 | -3.1% |
| Other operating charges | 640/8 | €15,416 | €15,745 | +€329 | +2.1% |
| Non-recurring operating charges | 66A | - | €26,814 | +€26,814 | |
| Gross operating margin | 9900 | €1,070,823 | €742,481 | -€328,341 | -30.7% |
| Operating profit (loss) | 9901 | €342,970 | €30,101 | -€312,869 | -91.2% |
| Financial income | 75/76B | €86,281 | €44,343 | -€41,937 | -48.6% |
| Recurring financial income | 75 | €63,281 | €44,343 | -€18,937 | -29.9% |
| Non-recurring financial income | 76B | €23,000 | - | -€23,000 | |
| Financial charges | 65/66B | €10,908 | €6,231 | -€4,677 | -42.9% |
| Recurring financial charges | 65 | €10,908 | €6,231 | -€4,677 | -42.9% |
| Profit (loss) for the period before taxes | 9903 | €418,342 | €68,213 | -€350,129 | -83.7% |
| Income taxes | 67/77 | €108,897 | €21,939 | -€86,958 | -79.9% |
| Profit (loss) for the period | 9904 | €309,445 | €46,274 | -€263,171 | -85.0% |
| Profit (loss) for the period to be appropriated | 9905 | €309,445 | €46,274 | -€263,171 | -85.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 April 2024 and 30 April 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.