HERMANS - WEYNS: 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 - WEYNS
Largest movements
- Cash +€127,072
up €127,072 (+32.7%), from €388,388 to €515,461
mainly Net result for the year (+€307,547) and Depreciation (+€42,320)
- Current investments +€60,000
up €60,000 (+10.0%), from €597,240 to €657,240
- Tangible fixed assets +€54,688
up €54,688 (+110.0%), from €49,709 to €104,396
of which Furniture and vehicles: +€54,688
- Receivables within one year -€15,697
down €15,697 (-100.0%), from €15,697 to €0
of which Other amounts receivable: -€15,197
- Reserves +€216,394
up €216,394 (+18.7%), from €1.2m to €1.4m
- Tax, wage and social debts +€41,825
up €41,825 (+115.7%), from €36,153 to €77,978
- Other debts -€26,359
down €26,359 (-63.8%), from €41,316 to €14,956
- Gross operating margin +€22,193
up €22,193 (+4.7%), from €470,014 to €492,206
- Depreciation +€8,609
up €8,609 (+25.5%), from €33,711 to €42,320
- Financial income -€7,484
down €7,484 (-73.1%), from €10,234 to €2,750
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 | €1,258,297 | €1,488,171 | +€229,874 | +18.3% |
| Fixed assets | 21/28 | €49,709 | €104,396 | +€54,688 | +110.0% |
| Tangible fixed assets | 22/27 | €49,709 | €104,396 | +€54,688 | +110.0% |
| Furniture and vehicles | 24 | €48,159 | €102,846 | +€54,688 | +113.6% |
| Other tangible fixed assets | 26 | €1,550 | €1,550 | = | 0.0% |
| Current assets | 29/58 | €1,208,588 | €1,383,775 | +€175,186 | +14.5% |
| Amounts receivable within one year | 40/41 | €15,697 | €0 | -€15,697 | -100.0% |
| Trade receivables | 40 | €500 | €0 | -€500 | -100.0% |
| Other amounts receivable | 41 | €15,197 | €0 | -€15,197 | -100.0% |
| Current investments | 50/53 | €597,240 | €657,240 | +€60,000 | +10.0% |
| Cash at bank and in hand | 54/58 | €388,388 | €515,461 | +€127,072 | +32.7% |
| Deferred charges and accrued income | 490/1 | €207,263 | €211,074 | +€3,811 | +1.8% |
| Total equity and liabilities | 10/49 | €1,258,297 | €1,488,171 | +€229,874 | +18.3% |
| Equity | 10/15 | €1,171,000 | €1,387,395 | +€216,394 | +18.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,158,600 | €1,374,995 | +€216,394 | +18.7% |
| Distributable reserves | 133 | €1,158,600 | €1,374,995 | +€216,394 | +18.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €87,297 | €100,776 | +€13,479 | +15.4% |
| Amounts payable within one year | 42/48 | €81,668 | €97,024 | +€15,355 | +18.8% |
| Trade debts | 44 | €4,199 | €4,089 | -€110 | -2.6% |
| Suppliers | 440/4 | €4,199 | €4,089 | -€110 | -2.6% |
| Taxes, remuneration and social security | 45 | €36,153 | €77,978 | +€41,825 | +115.7% |
| Taxes | 450/3 | €36,153 | €77,978 | +€41,825 | +115.7% |
| Other amounts payable | 47/48 | €41,316 | €14,956 | -€26,359 | -63.8% |
| Accrued charges and deferred income | 492/3 | €5,629 | €3,753 | -€1,876 | -33.3% |
| Non-recurring operating income | 76A | €0 | €6,703 | +€6,703 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,711 | €42,320 | +€8,609 | +25.5% |
| Other operating charges | 640/8 | €1,153 | €1,367 | +€214 | +18.5% |
| Gross operating margin | 9900 | €470,014 | €492,206 | +€22,193 | +4.7% |
| Operating profit (loss) | 9901 | €435,149 | €448,519 | +€13,370 | +3.1% |
| Financial income | 75/76B | €10,234 | €2,750 | -€7,484 | -73.1% |
| Recurring financial income | 75 | €10,234 | €2,750 | -€7,484 | -73.1% |
| Financial charges | 65/66B | €6,075 | €4,314 | -€1,761 | -29.0% |
| Recurring financial charges | 65 | €6,075 | €4,314 | -€1,761 | -29.0% |
| Profit (loss) for the period before taxes | 9903 | €439,308 | €446,955 | +€7,647 | +1.7% |
| Income taxes | 67/77 | €136,407 | €139,408 | +€3,001 | +2.2% |
| Profit (loss) for the period | 9904 | €302,901 | €307,547 | +€4,646 | +1.5% |
| Profit (loss) for the period to be appropriated | 9905 | €302,901 | €307,547 | +€4,646 | +1.5% |
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 10 October 2026 via checked.be.