HERMANOS TEAM: 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.
HERMANOS TEAM
Largest movements
- Tangible fixed assets -€25,963
down €25,963 (-58.1%), from €44,686 to €18,724
of which Furniture and vehicles: -€20,943
- Receivables within one year +€9,815
up €9,815 (+3.0%), from €330,440 to €340,255
of which Trade receivables: +€15,532
- Tax, wage and social debts -€18,279
down €18,279 (-32.6%), from €56,135 to €37,856
of which Remuneration and social security: -€12,214
- Debts after one year -€12,110
down €12,110 (-57.7%), from €21,002 to €8,892
- Profit (loss) carried forward +€7,117
up €7,117 (+3.6%), from €199,737 to €206,854
- Purchases and services -€229,929
down €229,929 (-45.8%), from €502,070 to €272,141
- Turnover -€210,013
down €210,013 (-40.3%), from €521,453 to €311,440
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 | €380,393 | €360,839 | -€19,553 | -5.1% |
| Fixed assets | 21/28 | €44,686 | €18,724 | -€25,963 | -58.1% |
| Tangible fixed assets | 22/27 | €44,686 | €18,724 | -€25,963 | -58.1% |
| Plant, machinery and equipment | 23 | €7,112 | €2,092 | -€5,020 | -70.6% |
| Furniture and vehicles | 24 | €37,574 | €16,631 | -€20,943 | -55.7% |
| Current assets | 29/58 | €335,706 | €342,116 | +€6,409 | +1.9% |
| Amounts receivable within one year | 40/41 | €330,440 | €340,255 | +€9,815 | +3.0% |
| Trade receivables | 40 | €297,941 | €313,473 | +€15,532 | +5.2% |
| Other amounts receivable | 41 | €32,499 | €26,782 | -€5,717 | -17.6% |
| Cash at bank and in hand | 54/58 | €4,401 | €775 | -€3,625 | -82.4% |
| Deferred charges and accrued income | 490/1 | €865 | €1,086 | +€220 | +25.5% |
| Total equity and liabilities | 10/49 | €380,393 | €360,839 | -€19,553 | -5.1% |
| Equity | 10/15 | €207,797 | €214,914 | +€7,117 | +3.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €199,737 | €206,854 | +€7,117 | +3.6% |
| Amounts payable | 17/49 | €172,596 | €145,925 | -€26,671 | -15.5% |
| Amounts payable after more than one year | 17 | €21,002 | €8,892 | -€12,110 | -57.7% |
| Financial debts | 170/4 | €21,002 | €8,892 | -€12,110 | -57.7% |
| Amounts payable within one year | 42/48 | €151,594 | €137,033 | -€14,560 | -9.6% |
| Current portion of amounts payable after more than one year | 42 | €11,462 | €12,110 | +€648 | +5.6% |
| Trade debts | 44 | €83,996 | €87,067 | +€3,071 | +3.7% |
| Suppliers | 440/4 | €83,996 | €87,067 | +€3,071 | +3.7% |
| Taxes, remuneration and social security | 45 | €56,135 | €37,856 | -€18,279 | -32.6% |
| Taxes | 450/3 | €6,251 | €186 | -€6,065 | -97.0% |
| Remuneration and social security | 454/9 | €49,884 | €37,670 | -€12,214 | -24.5% |
| Turnover | 70 | €521,453 | €311,440 | -€210,013 | -40.3% |
| Non-recurring operating income | 76A | €23,176 | €3,264 | -€19,912 | -85.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €502,070 | €272,141 | -€229,929 | -45.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,762 | €22,404 | -€3,358 | -13.0% |
| Other operating charges | 640/8 | €3,358 | €3,305 | -€53 | -1.6% |
| Gross operating margin | 9900 | €42,559 | €42,563 | +€3 | 0.0% |
| Operating profit (loss) | 9901 | €13,440 | €16,853 | +€3,413 | +25.4% |
| Financial income | 75/76B | €33 | - | -€33 | |
| Recurring financial income | 75 | €33 | - | -€33 | |
| Financial charges | 65/66B | €5,031 | €4,550 | -€481 | -9.6% |
| Recurring financial charges | 65 | €5,031 | €4,550 | -€481 | -9.6% |
| Profit (loss) for the period before taxes | 9903 | €8,442 | €12,303 | +€3,861 | +45.7% |
| Income taxes | 67/77 | €4,470 | €5,186 | +€716 | +16.0% |
| Profit (loss) for the period | 9904 | €3,972 | €7,117 | +€3,145 | +79.2% |
| Profit (loss) for the period to be appropriated | 9905 | €3,972 | €7,117 | +€3,145 | +79.2% |
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 26 October 2026 via checked.be.