HERMANS EGIDE: 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.
HERMANS EGIDE
Largest movements
- Cash +€29,070
up €29,070 (+3.9%), from €748,342 to €777,412
mainly Net result for the year (+€31,013) and Stocks and contracts (+€16,934)
- Stocks and contracts -€16,934
down €16,934 (-87.2%), from €19,410 to €2,477
- Tangible fixed assets -€9,514
down €9,514 (-47.0%), from €20,264 to €10,750
of which Furniture and vehicles: -€7,733
- Reserves +€30,356
up €30,356 (+12.1%), from €251,470 to €281,826
of which Distributable reserves: +€30,356
- Profit (loss) carried forward -€16,486
down €16,486 (-3.6%), from €455,224 to €438,738
- Gross operating margin -€354,868
down €354,868, from €344,029 to -€10,839
- Taxes -€89,099
down €89,099 (-86.3%), from €103,236 to €14,136
- Financial income +€69,159
up €69,159 (+4,627%), from €1,495 to €70,654
of which Non-recurring financial income: +€68,436
- Financial charges -€4,500
down €4,500 (-75.1%), from €5,993 to €1,493
of which Financial charges: -€5,490
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 | €802,556 | €812,031 | +€9,475 | +1.2% |
| Fixed assets | 21/28 | €20,264 | €10,750 | -€9,514 | -47.0% |
| Intangible fixed assets | 21 | €0 | €0 | = | 0.0% |
| Tangible fixed assets | 22/27 | €20,264 | €10,750 | -€9,514 | -47.0% |
| Plant, machinery and equipment | 23 | €1,806 | €24 | -€1,781 | -98.7% |
| Furniture and vehicles | 24 | €18,458 | €10,726 | -€7,733 | -41.9% |
| Current assets | 29/58 | €782,292 | €801,281 | +€18,989 | +2.4% |
| Stocks and contracts in progress | 3 | €19,410 | €2,477 | -€16,934 | -87.2% |
| Stocks | 30/36 | €19,410 | €2,477 | -€16,934 | -87.2% |
| Amounts receivable within one year | 40/41 | €11,708 | €19,824 | +€8,115 | +69.3% |
| Trade receivables | 40 | €931 | €11,210 | +€10,278 | +1,103% |
| Other amounts receivable | 41 | €10,777 | €8,614 | -€2,163 | -20.1% |
| Cash at bank and in hand | 54/58 | €748,342 | €777,412 | +€29,070 | +3.9% |
| Deferred charges and accrued income | 490/1 | €2,831 | €1,569 | -€1,263 | -44.6% |
| Total equity and liabilities | 10/49 | €802,556 | €812,031 | +€9,475 | +1.2% |
| Equity | 10/15 | €725,286 | €739,156 | +€13,870 | +1.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €251,470 | €281,826 | +€30,356 | +12.1% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €249,611 | €279,967 | +€30,356 | +12.2% |
| Profit (loss) carried forward | 14 | €455,224 | €438,738 | -€16,486 | -3.6% |
| Amounts payable | 17/49 | €77,270 | €72,875 | -€4,396 | -5.7% |
| Amounts payable after more than one year | 17 | €2,432 | - | -€2,432 | |
| Financial debts | 170/4 | €2,432 | - | -€2,432 | |
| Amounts payable within one year | 42/48 | €74,838 | €72,875 | -€1,963 | -2.6% |
| Current portion of amounts payable after more than one year | 42 | €4,089 | €2,432 | -€1,657 | -40.5% |
| Trade debts | 44 | €801 | €885 | +€84 | +10.5% |
| Suppliers | 440/4 | €801 | €885 | +€84 | +10.5% |
| Taxes, remuneration and social security | 45 | €57,949 | €57,597 | -€352 | -0.6% |
| Taxes | 450/3 | €57,949 | €57,597 | -€352 | -0.6% |
| Other amounts payable | 47/48 | €12,000 | €11,961 | -€39 | -0.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €17,897 | €15,481 | -€2,416 | -13.5% |
| Remuneration, social security and pensions | 62 | €1,220 | - | -€1,220 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,813 | €7,844 | -€1,969 | -20.1% |
| Other operating charges | 640/8 | €5,451 | €2,400 | -€3,051 | -56.0% |
| Non-recurring operating charges | 66A | - | €2,928 | +€2,928 | |
| Gross operating margin | 9900 | €344,029 | -€10,839 | -€354,868 | |
| Operating profit (loss) | 9901 | €327,545 | -€24,011 | -€351,556 | |
| Financial income | 75/76B | €1,495 | €70,654 | +€69,159 | +4,627% |
| Recurring financial income | 75 | €1,495 | €2,217 | +€723 | +48.3% |
| Non-recurring financial income | 76B | - | €68,436 | +€68,436 | |
| Financial charges | 65/66B | €5,993 | €1,493 | -€4,500 | -75.1% |
| Recurring financial charges | 65 | €5,993 | €503 | -€5,490 | -91.6% |
| Non-recurring financial charges | 66B | - | €990 | +€990 | |
| Profit (loss) for the period before taxes | 9903 | €323,047 | €45,149 | -€277,898 | -86.0% |
| Income taxes | 67/77 | €103,236 | €14,136 | -€89,099 | -86.3% |
| Profit (loss) for the period | 9904 | €219,811 | €31,013 | -€188,798 | -85.9% |
| Profit (loss) for the period to be appropriated | 9905 | €219,811 | €31,013 | -€188,798 | -85.9% |
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 20 October 2026 via checked.be.