HERMAN ERIC ET TRADITION: 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 ERIC ET TRADITION
Largest movements
- Receivables within one year +€3,672
up €3,672 (+4.3%), from €84,494 to €88,167
- Deferred charges and accrued income +€1,261
new in 2025: €1,261
- Other debts +€16,041
up €16,041 (+24.1%), from €66,626 to €82,667
- Profit (loss) carried forward -€13,186
down €13,186 (-481%), from -€2,740 to -€15,926
- Gross operating margin -€7,669
down €7,669 (-857%), from -€894 to -€8,563
- Other operating charges -€465
down €465 (-14.3%), from €3,254 to €2,789
- Financial charges +€111
up €111 (+13.1%), from €851 to €962
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €91,865 | €95,926 | +€4,061 | +4.4% |
| Fixed assets | 21/28 | €7,371 | €6,499 | -€872 | -11.8% |
| Tangible fixed assets | 22/27 | €7,371 | €6,499 | -€872 | -11.8% |
| Land and buildings | 22 | €7,371 | €6,499 | -€872 | -11.8% |
| Current assets | 29/58 | €84,494 | €89,427 | +€4,933 | +5.8% |
| Amounts receivable within one year | 40/41 | €84,494 | €88,167 | +€3,672 | +4.3% |
| Other amounts receivable | 41 | €84,494 | €88,167 | +€3,672 | +4.3% |
| Deferred charges and accrued income | 490/1 | - | €1,261 | +€1,261 | |
| Total equity and liabilities | 10/49 | €91,865 | €95,926 | +€4,061 | +4.4% |
| Equity | 10/15 | €15,860 | €2,674 | -€13,186 | -83.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,740 | -€15,926 | -€13,186 | -481% |
| Amounts payable | 17/49 | €76,005 | €93,252 | +€17,246 | +22.7% |
| Amounts payable within one year | 42/48 | €75,450 | €92,252 | +€16,802 | +22.3% |
| Financial debts | 43 | €4,948 | €4,999 | +€50 | +1.0% |
| Credit institutions | 430/8 | €4,948 | €4,999 | +€50 | +1.0% |
| Trade debts | 44 | €3,876 | €4,587 | +€712 | +18.4% |
| Suppliers | 440/4 | €3,876 | €4,587 | +€712 | +18.4% |
| Other amounts payable | 47/48 | €66,626 | €82,667 | +€16,041 | +24.1% |
| Accrued charges and deferred income | 492/3 | €555 | €999 | +€444 | +80.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €920 | €872 | -€48 | -5.2% |
| Other operating charges | 640/8 | €3,254 | €2,789 | -€465 | -14.3% |
| Gross operating margin | 9900 | -€894 | -€8,563 | -€7,669 | -857% |
| Operating profit (loss) | 9901 | -€5,069 | -€12,225 | -€7,156 | -141% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €851 | €962 | +€111 | +13.1% |
| Recurring financial charges | 65 | €851 | €962 | +€111 | +13.1% |
| Profit (loss) for the period before taxes | 9903 | -€5,920 | -€13,186 | -€7,266 | -123% |
| Profit (loss) for the period | 9904 | -€5,920 | -€13,186 | -€7,266 | -123% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,920 | -€13,186 | -€7,266 | -123% |
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 27 October 2026 via checked.be.