HEREMANS CONSULT: what changed
Two fiscal 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.
HEREMANS CONSULT
Largest movements
- Cash +€236,154
up €236,154 (+18.6%), from €1.3m to €1.5m
mainly Net result for the year (+€402,892) and Depreciation (+€12,170)
- Reserves +€227,559
up €227,559 (+15.5%), from €1.5m to €1.7m
- Gross operating margin +€228,349
up €228,349 (+66.2%), from €344,734 to €573,083
- Taxes +€71,894
up €71,894 (+65.5%), from €109,820 to €181,714
- Financial income -€23,101
down €23,101 (-48.9%), from €47,271 to €24,170
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 | €1,488,965 | €1,724,094 | +€235,129 | +15.8% |
| Fixed assets | 21/28 | €207,190 | €195,020 | -€12,170 | -5.9% |
| Tangible fixed assets | 22/27 | €39,842 | €27,673 | -€12,170 | -30.5% |
| Furniture and vehicles | 24 | €39,122 | €27,133 | -€11,990 | -30.6% |
| Other tangible fixed assets | 26 | €720 | €540 | -€180 | -25.0% |
| Financial fixed assets | 28 | €167,348 | €167,348 | = | 0.0% |
| Current assets | 29/58 | €1,281,775 | €1,529,074 | +€247,299 | +19.3% |
| Amounts receivable within one year | 40/41 | €10,250 | €21,171 | +€10,921 | +106.6% |
| Other amounts receivable | 41 | €10,250 | €21,171 | +€10,921 | +106.6% |
| Cash at bank and in hand | 54/58 | €1,269,301 | €1,505,455 | +€236,154 | +18.6% |
| Deferred charges and accrued income | 490/1 | €2,225 | €2,448 | +€223 | +10.0% |
| Total equity and liabilities | 10/49 | €1,488,965 | €1,724,094 | +€235,129 | +15.8% |
| Equity | 10/15 | €1,482,652 | €1,710,211 | +€227,559 | +15.3% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Reserves | 13 | €1,468,392 | €1,695,951 | +€227,559 | +15.5% |
| Distributable reserves | 133 | €1,468,392 | €1,695,951 | +€227,559 | +15.5% |
| Amounts payable | 17/49 | €6,313 | €13,883 | +€7,570 | +119.9% |
| Amounts payable within one year | 42/48 | €6,313 | €13,883 | +€7,570 | +119.9% |
| Trade debts | 44 | €327 | €2,665 | +€2,338 | +714.0% |
| Suppliers | 440/4 | €327 | €2,665 | +€2,338 | +714.0% |
| Taxes, remuneration and social security | 45 | €5,504 | €11,217 | +€5,713 | +103.8% |
| Taxes | 450/3 | €5,504 | €5,423 | -€82 | -1.5% |
| Remuneration and social security | 454/9 | - | €5,795 | +€5,795 | |
| Other amounts payable | 47/48 | €481 | - | -€481 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,170 | €12,170 | = | 0.0% |
| Other operating charges | 640/8 | €507 | €391 | -€116 | -22.8% |
| Gross operating margin | 9900 | €344,734 | €573,083 | +€228,349 | +66.2% |
| Operating profit (loss) | 9901 | €332,057 | €560,522 | +€228,465 | +68.8% |
| Financial income | 75/76B | €47,271 | €24,170 | -€23,101 | -48.9% |
| Recurring financial income | 75 | €47,271 | €24,170 | -€23,101 | -48.9% |
| Financial charges | 65/66B | €66 | €85 | +€19 | +29.2% |
| Recurring financial charges | 65 | €66 | €85 | +€19 | +29.2% |
| Profit (loss) for the period before taxes | 9903 | €379,262 | €584,606 | +€205,344 | +54.1% |
| Income taxes | 67/77 | €109,820 | €181,714 | +€71,894 | +65.5% |
| Profit (loss) for the period | 9904 | €269,442 | €402,892 | +€133,450 | +49.5% |
| Profit (loss) for the period to be appropriated | 9905 | €269,442 | €402,892 | +€133,450 | +49.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.