HERMES COMPAGNIE: 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 COMPAGNIE
Largest movements
- Receivables within one year -€47,238
down €47,238 (-90.3%), from €52,323 to €5,085
of which Trade receivables: -€50,185
- Cash -€27,958
down €27,958 (-93.6%), from €29,873 to €1,915
mainly Trade debts (-€39,165) and Other debts (-€21,688)
- Trade debts -€39,165
down €39,165 (-97.4%), from €40,226 to €1,061
- Other debts -€21,688
no longer reported in 2025 (was €21,688)
- Profit (loss) carried forward -€19,103
down €19,103, from €3,352 to -€15,751
- Tax, wage and social debts +€4,369
up €4,369 (+36.6%), from €11,939 to €16,307
of which Taxes: +€14,369
- Gross operating margin -€18,950
down €18,950, from €4,994 to -€13,957
- Other operating charges +€4,316
up €4,316 (+1,142%), from €378 to €4,694
- Taxes -€1,125
down €1,125, from €993 to -€133
- Depreciation +€226
up €226 (+137%), from €165 to €391
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 | €83,204 | €7,617 | -€75,587 | -90.8% |
| Fixed assets | 21/28 | €1,008 | €617 | -€391 | -38.8% |
| Tangible fixed assets | 22/27 | €1,008 | €617 | -€391 | -38.8% |
| Furniture and vehicles | 24 | €1,008 | €617 | -€391 | -38.8% |
| Current assets | 29/58 | €82,196 | €7,000 | -€75,196 | -91.5% |
| Amounts receivable within one year | 40/41 | €52,323 | €5,085 | -€47,238 | -90.3% |
| Trade receivables | 40 | €52,323 | €2,137 | -€50,185 | -95.9% |
| Other amounts receivable | 41 | - | €2,948 | +€2,948 | |
| Cash at bank and in hand | 54/58 | €29,873 | €1,915 | -€27,958 | -93.6% |
| Total equity and liabilities | 10/49 | €83,204 | €7,617 | -€75,587 | -90.8% |
| Equity | 10/15 | €9,352 | -€9,751 | -€19,103 | |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Contributions outside capital | 11 | €6,000 | €6,000 | = | 0.0% |
| Other | 1109/19 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,352 | -€15,751 | -€19,103 | |
| Amounts payable | 17/49 | €73,852 | €17,368 | -€56,484 | -76.5% |
| Amounts payable within one year | 42/48 | €73,852 | €17,368 | -€56,484 | -76.5% |
| Trade debts | 44 | €40,226 | €1,061 | -€39,165 | -97.4% |
| Suppliers | 440/4 | €40,226 | €1,061 | -€39,165 | -97.4% |
| Taxes, remuneration and social security | 45 | €11,939 | €16,307 | +€4,369 | +36.6% |
| Taxes | 450/3 | €1,939 | €16,307 | +€14,369 | +741% |
| Remuneration and social security | 454/9 | €10,000 | - | -€10,000 | |
| Other amounts payable | 47/48 | €21,688 | - | -€21,688 | |
| Remuneration, social security and pensions | 62 | - | €35 | +€35 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €165 | €391 | +€226 | +137% |
| Other operating charges | 640/8 | €378 | €4,694 | +€4,316 | +1,142% |
| Gross operating margin | 9900 | €4,994 | -€13,957 | -€18,950 | |
| Operating profit (loss) | 9901 | €4,451 | -€19,076 | -€23,527 | |
| Financial income | 75/76B | - | €9 | +€9 | |
| Recurring financial income | 75 | - | €9 | +€9 | |
| Financial charges | 65/66B | €106 | €168 | +€62 | +58.2% |
| Recurring financial charges | 65 | €106 | €168 | +€62 | +58.2% |
| Profit (loss) for the period before taxes | 9903 | €4,345 | -€19,235 | -€23,580 | |
| Income taxes | 67/77 | €993 | -€133 | -€1,125 | |
| Profit (loss) for the period | 9904 | €3,352 | -€19,103 | -€22,455 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,352 | -€19,103 | -€22,455 |
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 26 October 2026 via checked.be.