HERMAN - LEPLA: 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 - LEPLA
Largest movements
- Cash +€10,506
up €10,506 (+8.0%), from €131,448 to €141,955
mainly Net result for the year (+€8,560) and Depreciation (+€3,673)
- Tangible fixed assets -€1,990
down €1,990 (-4.0%), from €49,438 to €47,448
of which Land and buildings: -€3,415
- Profit (loss) carried forward +€118,996
no longer reported in 2025 (was -€118,996)
- Reserves -€110,436
down €110,436 (-49.3%), from €223,829 to €113,392
of which Distributable reserves: -€110,436
- Financial charges -€13,386
down €13,386 (-99.7%), from €13,426 to €40
- Gross operating margin -€11,223
down €11,223 (-42.1%), from €26,676 to €15,453
- Taxes +€856
new in 2025: €856
- Financial income +€714
new in 2025: €714
- Depreciation +€585
up €585 (+18.9%), from €3,088 to €3,673
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 | €187,587 | €194,792 | +€7,204 | +3.8% |
| Fixed assets | 21/28 | €49,438 | €47,448 | -€1,990 | -4.0% |
| Tangible fixed assets | 22/27 | €49,438 | €47,448 | -€1,990 | -4.0% |
| Land and buildings | 22 | €49,438 | €46,023 | -€3,415 | -6.9% |
| Plant, machinery and equipment | 23 | - | €1,425 | +€1,425 | |
| Current assets | 29/58 | €138,149 | €147,344 | +€9,194 | +6.7% |
| Amounts receivable within one year | 40/41 | €6,701 | €5,389 | -€1,312 | -19.6% |
| Trade receivables | 40 | €4,371 | €1,991 | -€2,380 | -54.5% |
| Other amounts receivable | 41 | €2,329 | €3,398 | +€1,068 | +45.9% |
| Cash at bank and in hand | 54/58 | €131,448 | €141,955 | +€10,506 | +8.0% |
| Total equity and liabilities | 10/49 | €187,587 | €194,792 | +€7,204 | +3.8% |
| Equity | 10/15 | €170,277 | €178,836 | +€8,560 | +5.0% |
| Contributions | 10/11 | €65,444 | €65,444 | = | 0.0% |
| Reserves | 13 | €223,829 | €113,392 | -€110,436 | -49.3% |
| Non-distributable reserves | 130/1 | €2,975 | €2,975 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,975 | €2,975 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,964 | €18,964 | = | 0.0% |
| Distributable reserves | 133 | €201,890 | €91,454 | -€110,436 | -54.7% |
| Profit (loss) carried forward | 14 | -€118,996 | - | +€118,996 | |
| Amounts payable | 17/49 | €17,311 | €15,955 | -€1,355 | -7.8% |
| Amounts payable within one year | 42/48 | €17,311 | €15,955 | -€1,355 | -7.8% |
| Trade debts | 44 | €2,095 | €1,361 | -€734 | -35.0% |
| Suppliers | 440/4 | €2,095 | €1,361 | -€734 | -35.0% |
| Taxes, remuneration and social security | 45 | €1,263 | €642 | -€621 | -49.2% |
| Taxes | 450/3 | €1,263 | €642 | -€621 | -49.2% |
| Other amounts payable | 47/48 | €13,952 | €13,952 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,088 | €3,673 | +€585 | +18.9% |
| Other operating charges | 640/8 | €3,062 | €3,038 | -€24 | -0.8% |
| Gross operating margin | 9900 | €26,676 | €15,453 | -€11,223 | -42.1% |
| Operating profit (loss) | 9901 | €20,526 | €8,742 | -€11,784 | -57.4% |
| Financial income | 75/76B | - | €714 | +€714 | |
| Recurring financial income | 75 | - | €714 | +€714 | |
| Financial charges | 65/66B | €13,426 | €40 | -€13,386 | -99.7% |
| Recurring financial charges | 65 | €13,426 | €40 | -€13,386 | -99.7% |
| Profit (loss) for the period before taxes | 9903 | €7,100 | €9,416 | +€2,316 | +32.6% |
| Income taxes | 67/77 | - | €856 | +€856 | |
| Profit (loss) for the period | 9904 | €7,100 | €8,560 | +€1,460 | +20.6% |
| Profit (loss) for the period to be appropriated | 9905 | €7,100 | €8,560 | +€1,460 | +20.6% |
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 16 October 2026 via checked.be.