HERMANS BENJAMIN: what changed
Two fiscal 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.
HERMANS BENJAMIN
Largest movements
- Cash +€68,937
up €68,937 (+140.6%), from €49,040 to €117,978
mainly Other debts (+€160,509) and Net result for the year (+€87,169)
- Tangible fixed assets +€4,137
up €4,137 (+13.2%), from €31,364 to €35,501
- Other debts +€160,509
up €160,509 (+8089.5%), from €1,984 to €162,494
- Profit (loss) carried forward -€85,919
no longer reported in 2025 (was €85,919)
- Gross operating margin +€2,448
up €2,448 (+2.2%), from €113,149 to €115,596
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 | €102,641 | €177,467 | +€74,827 | +72.9% |
| Fixed assets | 21/28 | €31,364 | €35,501 | +€4,137 | +13.2% |
| Tangible fixed assets | 22/27 | €31,364 | €35,501 | +€4,137 | +13.2% |
| Land and buildings | 22 | €25,303 | €27,042 | +€1,738 | +6.9% |
| Plant, machinery and equipment | 23 | €3,848 | €4,641 | +€793 | +20.6% |
| Furniture and vehicles | 24 | €2,213 | €3,818 | +€1,605 | +72.6% |
| Current assets | 29/58 | €71,276 | €141,966 | +€70,690 | +99.2% |
| Amounts receivable within one year | 40/41 | €19,750 | €21,509 | +€1,759 | +8.9% |
| Trade receivables | 40 | €19,750 | €20,744 | +€994 | +5.0% |
| Other amounts receivable | 41 | - | €765 | +€765 | |
| Cash at bank and in hand | 54/58 | €49,040 | €117,978 | +€68,937 | +140.6% |
| Deferred charges and accrued income | 490/1 | €2,486 | €2,480 | -€6 | -0.3% |
| Total equity and liabilities | 10/49 | €102,641 | €177,467 | +€74,827 | +72.9% |
| Equity | 10/15 | €87,919 | €2,000 | -€85,919 | -97.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €85,919 | - | -€85,919 | |
| Amounts payable | 17/49 | €14,722 | €175,467 | +€160,746 | +1091.9% |
| Amounts payable within one year | 42/48 | €14,722 | €175,459 | +€160,738 | +1091.8% |
| Trade debts | 44 | €2,363 | €2,006 | -€357 | -15.1% |
| Suppliers | 440/4 | €2,363 | €2,006 | -€357 | -15.1% |
| Taxes, remuneration and social security | 45 | €10,375 | €10,960 | +€585 | +5.6% |
| Taxes | 450/3 | €10,375 | €10,960 | +€585 | +5.6% |
| Other amounts payable | 47/48 | €1,984 | €162,494 | +€160,509 | +8089.5% |
| Accrued charges and deferred income | 492/3 | - | €8 | +€8 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,102 | €2,941 | +€840 | +40.0% |
| Other operating charges | 640/8 | €449 | €462 | +€12 | +2.8% |
| Gross operating margin | 9900 | €113,149 | €115,596 | +€2,448 | +2.2% |
| Operating profit (loss) | 9901 | €110,598 | €112,194 | +€1,596 | +1.4% |
| Financial income | 75/76B | €5 | €52 | +€47 | +925.1% |
| Recurring financial income | 75 | €5 | €52 | +€47 | +925.1% |
| Financial charges | 65/66B | €1,016 | €842 | -€175 | -17.2% |
| Recurring financial charges | 65 | €1,016 | €842 | -€175 | -17.2% |
| Profit (loss) for the period before taxes | 9903 | €109,587 | €111,404 | +€1,818 | +1.7% |
| Income taxes | 67/77 | €23,668 | €24,235 | +€567 | +2.4% |
| Profit (loss) for the period | 9904 | €85,919 | €87,169 | +€1,250 | +1.5% |
| Profit (loss) for the period to be appropriated | 9905 | €85,919 | €87,169 | +€1,250 | +1.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.