HERMANO CONSULTING: 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.
HERMANO CONSULTING
Largest movements
- Receivables within one year +€9,522
up €9,522 (+43.7%), from €21,799 to €31,322
of which Trade receivables: +€14,953
- Cash +€2,131
up €2,131 (+5.1%), from €41,716 to €43,847
mainly Other debts (+€19,872) and Tax, wage and social debts (+€4,301)
- Other debts +€19,872
up €19,872 (+56.2%), from €35,368 to €55,240
- Profit (loss) carried forward -€14,896
down €14,896 (-69.1%), from €21,559 to €6,663
- Tax, wage and social debts +€4,301
up €4,301 (+298%), from €1,443 to €5,744
- Trade debts +€1,960
up €1,960 (+62.4%), from €3,140 to €5,100
- Gross operating margin +€35,613
up €35,613, from -€6,179 to €29,434
- Financial charges -€4,838
down €4,838 (-10.2%), from €47,320 to €42,482
- Other operating charges +€793
new in 2025: €793
- Taxes +€642
new in 2025: €642
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 | €64,010 | €75,246 | +€11,237 | +17.6% |
| Fixed assets | 21/28 | €494 | €78 | -€416 | -84.3% |
| Tangible fixed assets | 22/27 | €494 | €78 | -€416 | -84.3% |
| Furniture and vehicles | 24 | €494 | €78 | -€416 | -84.3% |
| Current assets | 29/58 | €63,516 | €75,169 | +€11,653 | +18.3% |
| Amounts receivable within one year | 40/41 | €21,799 | €31,322 | +€9,522 | +43.7% |
| Trade receivables | 40 | €16,368 | €31,322 | +€14,953 | +91.4% |
| Other amounts receivable | 41 | €5,431 | - | -€5,431 | |
| Cash at bank and in hand | 54/58 | €41,716 | €43,847 | +€2,131 | +5.1% |
| Total equity and liabilities | 10/49 | €64,010 | €75,246 | +€11,237 | +17.6% |
| Equity | 10/15 | €24,059 | €9,163 | -€14,896 | -61.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Capital | 10 | - | €2,500 | +€2,500 | |
| Issued capital | 100 | - | €2,500 | +€2,500 | |
| Contributions outside capital | 11 | €2,500 | - | -€2,500 | |
| Other | 1109/19 | €2,500 | - | -€2,500 | |
| Profit (loss) carried forward | 14 | €21,559 | €6,663 | -€14,896 | -69.1% |
| Amounts payable | 17/49 | €39,951 | €66,084 | +€26,133 | +65.4% |
| Amounts payable within one year | 42/48 | €39,951 | €66,084 | +€26,133 | +65.4% |
| Trade debts | 44 | €3,140 | €5,100 | +€1,960 | +62.4% |
| Suppliers | 440/4 | €3,140 | €5,100 | +€1,960 | +62.4% |
| Taxes, remuneration and social security | 45 | €1,443 | €5,744 | +€4,301 | +298% |
| Taxes | 450/3 | €1,443 | €5,744 | +€4,301 | +298% |
| Other amounts payable | 47/48 | €35,368 | €55,240 | +€19,872 | +56.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €416 | €416 | = | 0.0% |
| Other operating charges | 640/8 | - | €793 | +€793 | |
| Gross operating margin | 9900 | -€6,179 | €29,434 | +€35,613 | |
| Operating profit (loss) | 9901 | -€6,595 | €28,225 | +€34,820 | |
| Financial income | 75/76B | €169 | €4 | -€166 | -97.9% |
| Recurring financial income | 75 | €169 | €4 | -€166 | -97.9% |
| Financial charges | 65/66B | €47,320 | €42,482 | -€4,838 | -10.2% |
| Recurring financial charges | 65 | €47,320 | €42,482 | -€4,838 | -10.2% |
| Profit (loss) for the period before taxes | 9903 | -€53,746 | -€14,254 | +€39,492 | +73.5% |
| Income taxes | 67/77 | - | €642 | +€642 | |
| Profit (loss) for the period | 9904 | -€53,746 | -€14,896 | +€38,850 | +72.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€53,746 | -€14,896 | +€38,850 | +72.3% |
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 27 October 2026 via checked.be.