HERMELIZE: 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.
HERMELIZE
Largest movements
- Tangible fixed assets -€23,449
down €23,449 (-5.3%), from €440,348 to €416,898
of which Land and buildings: -€23,392
- Deferred charges and accrued income -€6,438
down €6,438 (-82.0%), from €7,848 to €1,410
- Debts after one year -€41,059
down €41,059 (-11.7%), from €352,325 to €311,266
- Other debts +€16,082
up €16,082 (+11.7%), from €137,457 to €153,540
- Current portion of long-term debt -€8,416
down €8,416 (-17.4%), from €48,433 to €40,017
- Gross operating margin -€9,874
down €9,874 (-18.0%), from €54,902 to €45,028
- Financial charges -€2,113
down €2,113 (-11.7%), from €18,030 to €15,916
- Depreciation +€1,789
up €1,789 (+7.3%), from €24,588 to €26,376
- Financial income +€1,781
up €1,781 (+300.1%), from €593 to €2,375
of which Non-recurring financial income: +€2,014
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €503,206 | €473,074 | -€30,132 | -6.0% |
| Fixed assets | 21/28 | €440,348 | €416,898 | -€23,449 | -5.3% |
| Tangible fixed assets | 22/27 | €440,348 | €416,898 | -€23,449 | -5.3% |
| Land and buildings | 22 | €438,634 | €415,242 | -€23,392 | -5.3% |
| Plant, machinery and equipment | 23 | €1,714 | €1,657 | -€57 | -3.3% |
| Current assets | 29/58 | €62,858 | €56,176 | -€6,682 | -10.6% |
| Stocks and contracts in progress | 3 | €34,545 | €31,933 | -€2,612 | -7.6% |
| Stocks | 30/36 | €34,545 | €31,933 | -€2,612 | -7.6% |
| Amounts receivable within one year | 40/41 | €10,180 | €12,377 | +€2,197 | +21.6% |
| Trade receivables | 40 | €9,779 | €10,860 | +€1,081 | +11.1% |
| Other amounts receivable | 41 | €402 | €1,517 | +€1,116 | +277.8% |
| Current investments | 50/53 | €250 | €250 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €10,035 | €10,205 | +€171 | +1.7% |
| Deferred charges and accrued income | 490/1 | €7,848 | €1,410 | -€6,438 | -82.0% |
| Total equity and liabilities | 10/49 | €503,206 | €473,074 | -€30,132 | -6.0% |
| Equity | 10/15 | -€71,096 | -€69,598 | +€1,498 | +2.1% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€146,096 | -€144,598 | +€1,498 | +1.0% |
| Amounts payable | 17/49 | €574,302 | €542,673 | -€31,629 | -5.5% |
| Amounts payable after more than one year | 17 | €352,325 | €311,266 | -€41,059 | -11.7% |
| Financial debts | 170/4 | €352,325 | €311,266 | -€41,059 | -11.7% |
| Amounts payable within one year | 42/48 | €219,213 | €231,341 | +€12,128 | +5.5% |
| Current portion of amounts payable after more than one year | 42 | €48,433 | €40,017 | -€8,416 | -17.4% |
| Trade debts | 44 | €32,848 | €37,328 | +€4,480 | +13.6% |
| Suppliers | 440/4 | €32,848 | €37,328 | +€4,480 | +13.6% |
| Taxes, remuneration and social security | 45 | €475 | €456 | -€19 | -4.0% |
| Taxes | 450/3 | €475 | €456 | -€19 | -4.0% |
| Other amounts payable | 47/48 | €137,457 | €153,540 | +€16,082 | +11.7% |
| Accrued charges and deferred income | 492/3 | €2,764 | €66 | -€2,698 | -97.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,588 | €26,376 | +€1,789 | +7.3% |
| Other operating charges | 640/8 | €2,950 | €3,386 | +€436 | +14.8% |
| Gross operating margin | 9900 | €54,902 | €45,028 | -€9,874 | -18.0% |
| Operating profit (loss) | 9901 | €27,364 | €15,265 | -€12,099 | -44.2% |
| Financial income | 75/76B | €593 | €2,375 | +€1,781 | +300.1% |
| Recurring financial income | 75 | €593 | €360 | -€233 | -39.3% |
| Non-recurring financial income | 76B | - | €2,014 | +€2,014 | |
| Financial charges | 65/66B | €18,030 | €15,916 | -€2,113 | -11.7% |
| Recurring financial charges | 65 | €18,030 | €15,916 | -€2,113 | -11.7% |
| Profit (loss) for the period before taxes | 9903 | €9,928 | €1,724 | -€8,204 | -82.6% |
| Income taxes | 67/77 | €216 | €226 | +€10 | +4.8% |
| Profit (loss) for the period | 9904 | €9,712 | €1,498 | -€8,215 | -84.6% |
| Profit (loss) for the period to be appropriated | 9905 | €9,712 | €1,498 | -€8,215 | -84.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.