HERKI: 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.
HERKI
Largest movements
- Cash +€238,846
up €238,846 (+72.4%), from €329,719 to €568,565
mainly Current investments (+€141,468) and Net result for the year (+€98,387)
- Current investments -€141,468
down €141,468 (-3.5%), from €4.0m to €3.9m
- Profit (loss) carried forward +€98,387
up €98,387 (+2.2%), from €4.4m to €4.5m
- Financial income +€129,031
up €129,031 (+118.8%), from €108,650 to €237,681
- Financial charges +€48,085
up €48,085, from -€29,647 to €18,438
- Taxes +€29,501
up €29,501 (+237.8%), from €12,404 to €41,905
- Gross operating margin +€19,731
up €19,731 (+20.0%), from -€98,682 to -€78,951
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 | €4,380,395 | €4,477,052 | +€96,656 | +2.2% |
| Current assets | 29/58 | €4,380,395 | €4,477,052 | +€96,656 | +2.2% |
| Current investments | 50/53 | €4,047,429 | €3,905,961 | -€141,468 | -3.5% |
| Cash at bank and in hand | 54/58 | €329,719 | €568,565 | +€238,846 | +72.4% |
| Deferred charges and accrued income | 490/1 | €3,248 | €2,525 | -€722 | -22.2% |
| Total equity and liabilities | 10/49 | €4,380,395 | €4,477,052 | +€96,656 | +2.2% |
| Equity | 10/15 | €4,377,549 | €4,475,937 | +€98,387 | +2.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Capital | 10 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,376,549 | €4,474,937 | +€98,387 | +2.2% |
| Amounts payable | 17/49 | €2,846 | €1,115 | -€1,731 | -60.8% |
| Amounts payable within one year | 42/48 | €2,846 | €1,115 | -€1,731 | -60.8% |
| Trade debts | 44 | €2,846 | €1,115 | -€1,731 | -60.8% |
| Suppliers | 440/4 | €2,846 | €1,115 | -€1,731 | -60.8% |
| Gross operating margin | 9900 | -€98,682 | -€78,951 | +€19,731 | +20.0% |
| Operating profit (loss) | 9901 | -€98,682 | -€78,951 | +€19,731 | +20.0% |
| Financial income | 75/76B | €108,650 | €237,681 | +€129,031 | +118.8% |
| Recurring financial income | 75 | €108,650 | €237,681 | +€129,031 | +118.8% |
| Financial charges | 65/66B | -€29,647 | €18,438 | +€48,085 | |
| Recurring financial charges | 65 | -€29,647 | €18,438 | +€48,085 | |
| Profit (loss) for the period before taxes | 9903 | €39,615 | €140,292 | +€100,677 | +254.1% |
| Income taxes | 67/77 | €12,404 | €41,905 | +€29,501 | +237.8% |
| Profit (loss) for the period | 9904 | €27,211 | €98,387 | +€71,176 | +261.6% |
| Profit (loss) for the period to be appropriated | 9905 | €27,211 | €98,387 | +€71,176 | +261.6% |
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 10 October 2026 via checked.be.