HERMES C & P: 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.
HERMES C & P
Largest movements
- Cash +€230
up €230 (+120%), from €191 to €420
mainly Other debts (+€10,878) and Receivables within one year (+€169)
- Receivables within one year -€169
down €169 (-58.5%), from €288 to €120
- Other debts +€10,878
up €10,878 (+18.4%), from €59,091 to €69,969
- Trade debts -€8,665
no longer reported in 2026 (was €8,665)
- Profit (loss) carried forward -€1,862
down €1,862 (-2.0%), from -€95,177 to -€97,040
- Accrued charges and deferred income -€290
no longer reported in 2026 (was €290)
- Gross operating margin +€3,142
up €3,142 (+81.5%), from -€3,857 to -€715
- Financial charges +€448
new in 2026: €448
- Other operating charges +€248
up €248 (+54.9%), from €451 to €699
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €479 | €540 | +€61 | +12.7% |
| Current assets | 29/58 | €479 | €540 | +€61 | +12.7% |
| Amounts receivable within one year | 40/41 | €288 | €120 | -€169 | -58.5% |
| Other amounts receivable | 41 | €288 | €120 | -€169 | -58.5% |
| Cash at bank and in hand | 54/58 | €191 | €420 | +€230 | +120% |
| Total equity and liabilities | 10/49 | €479 | €540 | +€61 | +12.7% |
| Equity | 10/15 | -€70,867 | -€72,729 | -€1,862 | -2.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Contributions outside capital | 11 | €18,592 | €18,592 | = | 0.0% |
| Other | 1109/19 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €5,719 | €5,719 | = | 0.0% |
| 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 | €3,859 | €3,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€95,177 | -€97,040 | -€1,862 | -2.0% |
| Provisions and deferred taxes | 16 | €3,300 | €3,300 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €3,300 | €3,300 | = | 0.0% |
| Environmental obligations | 163 | €3,300 | €3,300 | = | 0.0% |
| Amounts payable | 17/49 | €68,046 | €69,969 | +€1,923 | +2.8% |
| Amounts payable within one year | 42/48 | €67,756 | €69,969 | +€2,213 | +3.3% |
| Trade debts | 44 | €8,665 | - | -€8,665 | |
| Suppliers | 440/4 | €8,665 | - | -€8,665 | |
| Other amounts payable | 47/48 | €59,091 | €69,969 | +€10,878 | +18.4% |
| Accrued charges and deferred income | 492/3 | €290 | - | -€290 | |
| Other operating charges | 640/8 | €451 | €699 | +€248 | +54.9% |
| Gross operating margin | 9900 | -€3,857 | -€715 | +€3,142 | +81.5% |
| Operating profit (loss) | 9901 | -€4,308 | -€1,414 | +€2,894 | +67.2% |
| Financial charges | 65/66B | - | €448 | +€448 | |
| Recurring financial charges | 65 | - | €448 | +€448 | |
| Profit (loss) for the period before taxes | 9903 | -€4,308 | -€1,862 | +€2,445 | +56.8% |
| Profit (loss) for the period | 9904 | -€4,308 | -€1,862 | +€2,445 | +56.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,308 | -€1,862 | +€2,445 | +56.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.