HERMANS-VAN GESTEL: 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-VAN GESTEL
Largest movements
- Receivables within one year -€76,702
down €76,702 (-34.3%), from €223,789 to €147,087
of which Other amounts receivable: -€56,421
- Cash +€54,164
up €54,164 (+41.7%), from €129,852 to €184,016
mainly Net result for the year (+€99,521) and Depreciation (+€92,594)
- Tangible fixed assets -€42,602
down €42,602 (-6.7%), from €637,915 to €595,314
- Current investments +€13,463
new in 2025: €13,463
- Reserves +€85,053
up €85,053 (+27.9%), from €305,156 to €390,208
of which Distributable reserves: +€85,053
- Debts after one year -€56,156
down €56,156 (-14.3%), from €392,020 to €335,864
- Trade debts -€41,821
down €41,821 (-29.9%), from €139,864 to €98,043
- Other debts -€24,466
no longer reported in 2025 (was €24,466)
- Tax, wage and social debts -€10,773
down €10,773 (-19.8%), from €54,396 to €43,623
of which Taxes: -€24,732
- Staff costs +€39,941
up €39,941 (+13.8%), from €289,197 to €329,138
- Depreciation +€24,948
up €24,948 (+36.9%), from €67,646 to €92,594
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 | €995,816 | €943,894 | -€51,922 | -5.2% |
| Fixed assets | 21/28 | €637,915 | €595,314 | -€42,602 | -6.7% |
| Tangible fixed assets | 22/27 | €637,915 | €595,314 | -€42,602 | -6.7% |
| Land and buildings | 22 | €1,585 | €1,293 | -€292 | -18.4% |
| Plant, machinery and equipment | 23 | €373,174 | €357,859 | -€15,314 | -4.1% |
| Furniture and vehicles | 24 | €52,591 | €38,708 | -€13,883 | -26.4% |
| Other tangible fixed assets | 26 | €210,565 | €197,453 | -€13,112 | -6.2% |
| Current assets | 29/58 | €357,901 | €348,580 | -€9,321 | -2.6% |
| Amounts receivable within one year | 40/41 | €223,789 | €147,087 | -€76,702 | -34.3% |
| Trade receivables | 40 | €86,445 | €66,164 | -€20,281 | -23.5% |
| Other amounts receivable | 41 | €137,344 | €80,923 | -€56,421 | -41.1% |
| Current investments | 50/53 | - | €13,463 | +€13,463 | |
| Cash at bank and in hand | 54/58 | €129,852 | €184,016 | +€54,164 | +41.7% |
| Deferred charges and accrued income | 490/1 | €4,261 | €4,015 | -€246 | -5.8% |
| Total equity and liabilities | 10/49 | €995,816 | €943,894 | -€51,922 | -5.2% |
| Equity | 10/15 | €325,156 | €410,208 | +€85,053 | +26.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €305,156 | €390,208 | +€85,053 | +27.9% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €303,156 | €388,208 | +€85,053 | +28.1% |
| Amounts payable | 17/49 | €670,661 | €533,686 | -€136,975 | -20.4% |
| Amounts payable after more than one year | 17 | €392,020 | €335,864 | -€56,156 | -14.3% |
| Financial debts | 170/4 | €392,020 | €335,864 | -€56,156 | -14.3% |
| Amounts payable within one year | 42/48 | €278,641 | €197,822 | -€80,819 | -29.0% |
| Current portion of amounts payable after more than one year | 42 | €59,915 | €56,156 | -€3,759 | -6.3% |
| Trade debts | 44 | €139,864 | €98,043 | -€41,821 | -29.9% |
| Suppliers | 440/4 | €139,864 | €98,043 | -€41,821 | -29.9% |
| Taxes, remuneration and social security | 45 | €54,396 | €43,623 | -€10,773 | -19.8% |
| Taxes | 450/3 | €24,732 | - | -€24,732 | |
| Remuneration and social security | 454/9 | €29,664 | €43,623 | +€13,959 | +47.1% |
| Other amounts payable | 47/48 | €24,466 | - | -€24,466 | |
| Remuneration, social security and pensions | 62 | €289,197 | €329,138 | +€39,941 | +13.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,646 | €92,594 | +€24,948 | +36.9% |
| Other operating charges | 640/8 | €2,978 | €2,275 | -€702 | -23.6% |
| Gross operating margin | 9900 | €576,716 | €571,236 | -€5,481 | -1.0% |
| Operating profit (loss) | 9901 | €216,895 | €147,229 | -€69,667 | -32.1% |
| Financial income | 75/76B | €1,091 | €6,564 | +€5,473 | +502% |
| Recurring financial income | 75 | €1,091 | €6,564 | +€5,473 | +502% |
| Financial charges | 65/66B | €13,200 | €13,016 | -€184 | -1.4% |
| Recurring financial charges | 65 | €13,200 | €13,016 | -€184 | -1.4% |
| Profit (loss) for the period before taxes | 9903 | €204,786 | €140,777 | -€64,009 | -31.3% |
| Income taxes | 67/77 | €43,390 | €41,256 | -€2,135 | -4.9% |
| Profit (loss) for the period | 9904 | €161,396 | €99,521 | -€61,875 | -38.3% |
| Profit (loss) for the period to be appropriated | 9905 | €161,396 | €99,521 | -€61,875 | -38.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.