HEREMANS - VAN ELDERE: what changed
HEREMANS - VAN ELDERE
Largest movements
- Cash +€63,272
up €63,272 (+18.8%), from €337,148 to €400,421
mainly Net result for the year (+€90,320) and Depreciation (+€9,546)
- Tangible fixed assets -€9,546
down €9,546 (-16.2%), from €58,776 to €49,230
of which Furniture and vehicles: -€8,312
- Reserves +€90,320
up €90,320 (+20.8%), from €434,196 to €524,516
of which Distributable reserves: +€90,320
- Other debts -€36,910
down €36,910 (-84.9%), from €43,480 to €6,570
- Gross operating margin +€6,990
up €6,990 (+4.9%), from €142,695 to €149,685
- Taxes +€3,022
up €3,022 (+6.7%), from €45,082 to €48,104
- Financial income -€2,944
down €2,944 (-60.1%), from €4,897 to €1,952
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 | €617,060 | €669,650 | +€52,591 | +8.5% |
| Fixed assets | 21/28 | €58,776 | €49,230 | -€9,546 | -16.2% |
| Tangible fixed assets | 22/27 | €58,776 | €49,230 | -€9,546 | -16.2% |
| Land and buildings | 22 | €29,959 | €29,959 | = | 0.0% |
| Plant, machinery and equipment | 23 | €3,971 | €2,738 | -€1,233 | -31.1% |
| Furniture and vehicles | 24 | €24,846 | €16,534 | -€8,312 | -33.5% |
| Current assets | 29/58 | €558,284 | €620,420 | +€62,136 | +11.1% |
| Current investments | 50/53 | €219,999 | €219,999 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €337,148 | €400,421 | +€63,272 | +18.8% |
| Deferred charges and accrued income | 490/1 | €1,136 | - | -€1,136 | |
| Total equity and liabilities | 10/49 | €617,060 | €669,650 | +€52,591 | +8.5% |
| Equity | 10/15 | €532,796 | €623,116 | +€90,320 | +17.0% |
| Contributions | 10/11 | €98,600 | €98,600 | = | 0.0% |
| Contributions outside capital | 11 | €98,600 | €98,600 | = | 0.0% |
| Other | 1109/19 | €98,600 | €98,600 | = | 0.0% |
| Reserves | 13 | €434,196 | €524,516 | +€90,320 | +20.8% |
| Non-distributable reserves | 130/1 | €9,842 | €9,842 | = | 0.0% |
| Legal reserve | 130 | €7,759 | €7,759 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,083 | €2,083 | = | 0.0% |
| Distributable reserves | 133 | €424,354 | €514,674 | +€90,320 | +21.3% |
| Amounts payable | 17/49 | €84,264 | €46,534 | -€37,730 | -44.8% |
| Amounts payable within one year | 42/48 | €84,264 | €46,534 | -€37,730 | -44.8% |
| Trade debts | 44 | €3,630 | €576 | -€3,054 | -84.1% |
| Suppliers | 440/4 | €3,630 | €576 | -€3,054 | -84.1% |
| Taxes, remuneration and social security | 45 | €37,154 | €39,388 | +€2,234 | +6.0% |
| Taxes | 450/3 | €37,154 | €39,388 | +€2,234 | +6.0% |
| Other amounts payable | 47/48 | €43,480 | €6,570 | -€36,910 | -84.9% |
| Remuneration, social security and pensions | 62 | €520 | €466 | -€54 | -10.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,304 | €9,546 | -€759 | -7.4% |
| Other operating charges | 640/8 | €3,312 | €3,016 | -€296 | -8.9% |
| Gross operating margin | 9900 | €142,695 | €149,685 | +€6,990 | +4.9% |
| Operating profit (loss) | 9901 | €128,558 | €136,657 | +€8,099 | +6.3% |
| Financial income | 75/76B | €4,897 | €1,952 | -€2,944 | -60.1% |
| Recurring financial income | 75 | €4,897 | €1,952 | -€2,944 | -60.1% |
| Financial charges | 65/66B | €121 | €185 | +€64 | +53.1% |
| Recurring financial charges | 65 | €121 | €185 | +€64 | +53.1% |
| Profit (loss) for the period before taxes | 9903 | €133,334 | €138,424 | +€5,090 | +3.8% |
| Income taxes | 67/77 | €45,082 | €48,104 | +€3,022 | +6.7% |
| Profit (loss) for the period | 9904 | €88,253 | €90,320 | +€2,068 | +2.3% |
| Profit (loss) for the period to be appropriated | 9905 | €88,253 | €90,320 | +€2,068 | +2.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.