HERMAN Conseil: 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.
HERMAN Conseil
Largest movements
- Tangible fixed assets -€29,224
down €29,224 (-11.2%), from €259,778 to €230,554
of which Land and buildings: -€29,224
- Cash +€9,306
up €9,306 (+32.2%), from €28,888 to €38,194
mainly Other debts (+€33,000) and Depreciation (+€29,224)
- Profit (loss) carried forward -€53,496
down €53,496 (-20.2%), from €264,716 to €211,220
- Other debts +€33,000
new in 2025: €33,000
- Gross operating margin +€23,661
up €23,661, from -€10,890 to €12,772
- Other operating charges -€1,057
down €1,057 (-20.9%), from €5,060 to €4,003
- Depreciation -€484
down €484 (-1.6%), from €29,708 to €29,224
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 | €289,028 | €268,747 | -€20,281 | -7.0% |
| Fixed assets | 21/28 | €259,778 | €230,554 | -€29,224 | -11.2% |
| Tangible fixed assets | 22/27 | €259,778 | €230,554 | -€29,224 | -11.2% |
| Land and buildings | 22 | €259,778 | €230,554 | -€29,224 | -11.2% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €29,251 | €38,194 | +€8,943 | +30.6% |
| Cash at bank and in hand | 54/58 | €28,888 | €38,194 | +€9,306 | +32.2% |
| Deferred charges and accrued income | 490/1 | €363 | €0 | -€363 | -100% |
| Total equity and liabilities | 10/49 | €289,028 | €268,747 | -€20,281 | -7.0% |
| Equity | 10/15 | €286,716 | €233,220 | -€53,496 | -18.7% |
| Contributions | 10/11 | €22,000 | €22,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €264,716 | €211,220 | -€53,496 | -20.2% |
| Amounts payable | 17/49 | €2,312 | €35,527 | +€33,215 | +1,436% |
| Amounts payable within one year | 42/48 | €2,312 | €35,527 | +€33,215 | +1,436% |
| Trade debts | 44 | €2,312 | €2,527 | +€215 | +9.3% |
| Suppliers | 440/4 | €2,312 | €2,527 | +€215 | +9.3% |
| Other amounts payable | 47/48 | - | €33,000 | +€33,000 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,708 | €29,224 | -€484 | -1.6% |
| Other operating charges | 640/8 | €5,060 | €4,003 | -€1,057 | -20.9% |
| Non-recurring operating charges | 66A | €3,424 | €0 | -€3,424 | -100% |
| Gross operating margin | 9900 | -€10,890 | €12,772 | +€23,661 | |
| Operating profit (loss) | 9901 | -€49,081 | -€20,455 | +€28,626 | +58.3% |
| Financial charges | 65/66B | €49 | €41 | -€9 | -17.9% |
| Recurring financial charges | 65 | €49 | €41 | -€9 | -17.9% |
| Profit (loss) for the period before taxes | 9903 | -€49,131 | -€20,496 | +€28,635 | +58.3% |
| Profit (loss) for the period | 9904 | -€49,131 | -€20,496 | +€28,635 | +58.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€49,131 | -€20,496 | +€28,635 | +58.3% |
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 23 October 2026 via checked.be.