HERMAN-ITY: 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-ITY
Largest movements
- Cash -€116,621
down €116,621 (-59.6%), from €195,617 to €78,996
mainly Other debts (-€127,887) and Contributions, distributions and other (-€58,824)
- Current investments +€6,000
new in 2025: €6,000
- Other debts -€127,887
down €127,887 (-68.2%), from €187,449 to €59,562
- Profit (loss) carried forward +€12,652
up €12,652 (+35.0%), from €36,152 to €48,804
- Gross operating margin +€7,244
up €7,244 (+7.5%), from €96,194 to €103,438
- Taxes +€6,614
up €6,614 (+34.4%), from €19,228 to €25,843
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 | €240,017 | €128,516 | -€111,501 | -46.5% |
| Fixed assets | 21/28 | €9,500 | €9,533 | +€33 | +0.3% |
| Tangible fixed assets | 22/27 | €9,500 | €9,533 | +€33 | +0.3% |
| Land and buildings | 22 | €979 | €4,985 | +€4,006 | +409.4% |
| Plant, machinery and equipment | 23 | - | €328 | +€328 | |
| Furniture and vehicles | 24 | €8,521 | €4,220 | -€4,301 | -50.5% |
| Current assets | 29/58 | €230,517 | €118,983 | -€111,534 | -48.4% |
| Amounts receivable within one year | 40/41 | €34,602 | €33,586 | -€1,017 | -2.9% |
| Trade receivables | 40 | €30,717 | €29,563 | -€1,153 | -3.8% |
| Other amounts receivable | 41 | €3,886 | €4,022 | +€136 | +3.5% |
| Current investments | 50/53 | - | €6,000 | +€6,000 | |
| Cash at bank and in hand | 54/58 | €195,617 | €78,996 | -€116,621 | -59.6% |
| Deferred charges and accrued income | 490/1 | €297 | €401 | +€104 | +34.9% |
| Total equity and liabilities | 10/49 | €240,017 | €128,516 | -€111,501 | -46.5% |
| Equity | 10/15 | €38,652 | €51,304 | +€12,652 | +32.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,152 | €48,804 | +€12,652 | +35.0% |
| Amounts payable | 17/49 | €201,365 | €77,212 | -€124,153 | -61.7% |
| Amounts payable within one year | 42/48 | €201,365 | €75,263 | -€126,102 | -62.6% |
| Trade debts | 44 | €2,277 | €1,996 | -€281 | -12.3% |
| Suppliers | 440/4 | €2,277 | €1,996 | -€281 | -12.3% |
| Taxes, remuneration and social security | 45 | €11,639 | €13,705 | +€2,065 | +17.7% |
| Taxes | 450/3 | €10,289 | €13,705 | +€3,415 | +33.2% |
| Remuneration and social security | 454/9 | €1,350 | €0 | -€1,350 | -100.0% |
| Other amounts payable | 47/48 | €187,449 | €59,562 | -€127,887 | -68.2% |
| Accrued charges and deferred income | 492/3 | €0 | €1,949 | +€1,949 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,593 | €6,174 | +€581 | +10.4% |
| Other operating charges | 640/8 | €662 | €638 | -€24 | -3.6% |
| Gross operating margin | 9900 | €96,194 | €103,438 | +€7,244 | +7.5% |
| Operating profit (loss) | 9901 | €89,939 | €96,626 | +€6,687 | +7.4% |
| Financial income | 75/76B | €374 | €842 | +€468 | +124.9% |
| Recurring financial income | 75 | €374 | €842 | +€468 | +124.9% |
| Financial charges | 65/66B | €152 | €150 | -€3 | -1.7% |
| Recurring financial charges | 65 | €152 | €150 | -€3 | -1.7% |
| Profit (loss) for the period before taxes | 9903 | €90,161 | €97,318 | +€7,157 | +7.9% |
| Income taxes | 67/77 | €19,228 | €25,843 | +€6,614 | +34.4% |
| Profit (loss) for the period | 9904 | €70,932 | €71,475 | +€543 | +0.8% |
| Profit (loss) for the period to be appropriated | 9905 | €70,932 | €71,475 | +€543 | +0.8% |
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 10 October 2026 via checked.be.