HERLIAN: 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.
HERLIAN
Largest movements
- Receivables within one year +€5,605
new in 2025: €5,605
- Cash +€1,597
up €1,597 (+1,094%), from €146 to €1,743
mainly Net result for the year (+€24,008) and Other debts (+€2,902)
- Deferred charges and accrued income -€437
no longer reported in 2025 (was €437)
- Profit (loss) carried forward +€24,008
up €24,008 (+21.6%), from -€111,150 to -€87,143
- Debts after one year -€20,319
down €20,319 (-29.0%), from €70,123 to €49,804
- Other debts +€2,902
new in 2025: €2,902
- Trade debts +€752
up €752 (+58.7%), from €1,280 to €2,032
- Tax, wage and social debts -€576
down €576 (-51.5%), from €1,119 to €543
- Gross operating margin +€1,942
up €1,942 (+8.7%), from €22,216 to €24,158
- Other operating charges -€1,568
down €1,568 (-98.6%), from €1,591 to €23
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 | €2,590 | €9,355 | +€6,765 | +261% |
| Fixed assets | 21/28 | €2,007 | €2,007 | = | 0.0% |
| Financial fixed assets | 28 | €2,007 | €2,007 | = | 0.0% |
| Current assets | 29/58 | €583 | €7,348 | +€6,765 | +1,161% |
| Amounts receivable within one year | 40/41 | - | €5,605 | +€5,605 | |
| Trade receivables | 40 | - | €5,605 | +€5,605 | |
| Cash at bank and in hand | 54/58 | €146 | €1,743 | +€1,597 | +1,094% |
| Deferred charges and accrued income | 490/1 | €437 | - | -€437 | |
| Total equity and liabilities | 10/49 | €2,590 | €9,355 | +€6,765 | +261% |
| Equity | 10/15 | -€69,932 | -€45,924 | +€24,008 | +34.3% |
| Contributions | 10/11 | €37,500 | €37,500 | = | 0.0% |
| Reserves | 13 | €3,718 | €3,718 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,718 | €3,718 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,718 | €3,718 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€111,150 | -€87,143 | +€24,008 | +21.6% |
| Amounts payable | 17/49 | €72,522 | €55,280 | -€17,242 | -23.8% |
| Amounts payable after more than one year | 17 | €70,123 | €49,804 | -€20,319 | -29.0% |
| Financial debts | 170/4 | €70,123 | €49,804 | -€20,319 | -29.0% |
| Amounts payable within one year | 42/48 | €2,399 | €5,476 | +€3,077 | +128% |
| Trade debts | 44 | €1,280 | €2,032 | +€752 | +58.7% |
| Suppliers | 440/4 | €1,280 | €2,032 | +€752 | +58.7% |
| Taxes, remuneration and social security | 45 | €1,119 | €543 | -€576 | -51.5% |
| Taxes | 450/3 | €1,119 | €543 | -€576 | -51.5% |
| Other amounts payable | 47/48 | - | €2,902 | +€2,902 | |
| Other operating charges | 640/8 | €1,591 | €23 | -€1,568 | -98.6% |
| Gross operating margin | 9900 | €22,216 | €24,158 | +€1,942 | +8.7% |
| Operating profit (loss) | 9901 | €20,625 | €24,135 | +€3,510 | +17.0% |
| Financial income | 75/76B | €0 | €3 | +€3 | +1,993% |
| Recurring financial income | 75 | €0 | €3 | +€3 | +1,993% |
| Financial charges | 65/66B | €92 | €81 | -€10 | -11.3% |
| Recurring financial charges | 65 | €92 | €81 | -€10 | -11.3% |
| Profit (loss) for the period before taxes | 9903 | €20,534 | €24,057 | +€3,523 | +17.2% |
| Income taxes | 67/77 | €184 | €49 | -€136 | -73.5% |
| Profit (loss) for the period | 9904 | €20,349 | €24,008 | +€3,658 | +18.0% |
| Profit (loss) for the period to be appropriated | 9905 | €20,349 | €24,008 | +€3,658 | +18.0% |
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 15 October 2026 via checked.be.