HERGIS: 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.
HERGIS
Largest movements
- Tangible fixed assets -€37,113
down €37,113 (-7.7%), from €482,892 to €445,779
of which Land and buildings: -€31,658
- Cash +€20,275
up €20,275 (+15.5%), from €130,976 to €151,251
mainly Depreciation (+€42,958) and Provisions (+€6,804)
- Profit (loss) carried forward -€28,562
down €28,562 (-33.4%), from -€85,471 to -€114,033
- Provisions +€6,804
up €6,804 (+14.3%), from €47,625 to €54,428
- Purchases and services +€4,481
up €4,481 (+13.5%), from €33,143 to €37,625
- Depreciation +€3,020
up €3,020 (+7.6%), from €39,938 to €42,958
- Gross operating margin -€710
down €710 (-2.6%), from €27,801 to €27,091
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 | €625,579 | €605,860 | -€19,719 | -3.2% |
| Fixed assets | 21/28 | €482,892 | €445,779 | -€37,113 | -7.7% |
| Tangible fixed assets | 22/27 | €482,892 | €445,779 | -€37,113 | -7.7% |
| Land and buildings | 22 | €453,128 | €421,470 | -€31,658 | -7.0% |
| Plant, machinery and equipment | 23 | €8,780 | €6,713 | -€2,067 | -23.5% |
| Furniture and vehicles | 24 | €20,984 | €17,596 | -€3,388 | -16.1% |
| Current assets | 29/58 | €142,687 | €160,081 | +€17,395 | +12.2% |
| Amounts receivable within one year | 40/41 | €7,745 | €6,211 | -€1,534 | -19.8% |
| Trade receivables | 40 | €7,745 | €6,211 | -€1,534 | -19.8% |
| Cash at bank and in hand | 54/58 | €130,976 | €151,251 | +€20,275 | +15.5% |
| Deferred charges and accrued income | 490/1 | €3,966 | €2,619 | -€1,346 | -33.9% |
| Total equity and liabilities | 10/49 | €625,579 | €605,860 | -€19,719 | -3.2% |
| Equity | 10/15 | €573,081 | €544,519 | -€28,562 | -5.0% |
| Contributions | 10/11 | €656,200 | €656,200 | = | 0.0% |
| Reserves | 13 | €2,352 | €2,352 | = | 0.0% |
| Distributable reserves | 133 | €2,352 | €2,352 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€85,471 | -€114,033 | -€28,562 | -33.4% |
| Provisions and deferred taxes | 16 | €47,625 | €54,428 | +€6,804 | +14.3% |
| Provisions for liabilities and charges | 160/5 | €47,625 | €54,428 | +€6,804 | +14.3% |
| Other liabilities and charges | 164/5 | €47,625 | €54,428 | +€6,804 | +14.3% |
| Amounts payable | 17/49 | €4,873 | €6,912 | +€2,039 | +41.8% |
| Amounts payable within one year | 42/48 | €3,973 | €5,112 | +€1,139 | +28.7% |
| Trade debts | 44 | €1,070 | €2,261 | +€1,190 | +111% |
| Suppliers | 440/4 | €1,070 | €2,261 | +€1,190 | +111% |
| Taxes, remuneration and social security | 45 | €2,581 | €2,437 | -€144 | -5.6% |
| Taxes | 450/3 | €2,581 | €2,437 | -€144 | -5.6% |
| Other amounts payable | 47/48 | €322 | €415 | +€93 | +28.8% |
| Accrued charges and deferred income | 492/3 | €900 | €1,800 | +€900 | +100% |
| Goods, raw materials, services and sundry goods | 60/61 | €33,143 | €37,625 | +€4,481 | +13.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,938 | €42,958 | +€3,020 | +7.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €6,804 | €6,804 | = | 0.0% |
| Other operating charges | 640/8 | €5,209 | €5,340 | +€131 | +2.5% |
| Gross operating margin | 9900 | €27,801 | €27,091 | -€710 | -2.6% |
| Operating profit (loss) | 9901 | -€24,150 | -€28,011 | -€3,861 | -16.0% |
| Financial income | 75/76B | €6 | - | -€6 | |
| Recurring financial income | 75 | €6 | - | -€6 | |
| Non-recurring financial income | 76B | €6 | - | -€6 | |
| Financial charges | 65/66B | €634 | €432 | -€201 | -31.8% |
| Recurring financial charges | 65 | €634 | €432 | -€201 | -31.8% |
| Profit (loss) for the period before taxes | 9903 | -€24,777 | -€28,443 | -€3,666 | -14.8% |
| Income taxes | 67/77 | €112 | €119 | +€7 | +6.1% |
| Profit (loss) for the period | 9904 | -€24,889 | -€28,562 | -€3,672 | -14.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,889 | -€28,562 | -€3,672 | -14.8% |
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 16 October 2026 via checked.be.