Hermès-e ou HERMES ENGINEERING: 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.
Hermès-e ou HERMES ENGINEERING
Largest movements
- Current investments +€682,359
new in 2025: €682,359
- Cash -€649,117
down €649,117 (-95.7%), from €678,583 to €29,466
mainly Current investments (-€682,359) and Accrued charges and deferred income (-€37,016)
No liability line moved by more than 1% of the balance sheet total.
- Financial income -€29,081
down €29,081 (-80.6%), from €36,066 to €6,985
- Gross operating margin +€10,270
up €10,270 (+43.2%), from €23,796 to €34,066
- Purchases and services -€4,322
down €4,322 (-34.3%), from €12,614 to €8,292
- Taxes -€3,423
no longer reported in 2025 (was €3,423)
- Financial charges +€887
up €887 (+32.1%), from €2,767 to €3,654
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 | €6,667,201 | €6,666,514 | -€687 | 0.0% |
| Fixed assets | 21/28 | €5,937,570 | €5,937,570 | = | 0.0% |
| Financial fixed assets | 28 | €5,937,570 | €5,937,570 | = | 0.0% |
| Current assets | 29/58 | €729,631 | €728,944 | -€687 | -0.1% |
| Amounts receivable after more than one year | 29 | €5,000 | €0 | -€5,000 | -100.0% |
| Other amounts receivable | 291 | €5,000 | €0 | -€5,000 | -100.0% |
| Amounts receivable within one year | 40/41 | €46,048 | €17,120 | -€28,928 | -62.8% |
| Other amounts receivable | 41 | €46,048 | €17,120 | -€28,928 | -62.8% |
| Current investments | 50/53 | - | €682,359 | +€682,359 | |
| Cash at bank and in hand | 54/58 | €678,583 | €29,466 | -€649,117 | -95.7% |
| Total equity and liabilities | 10/49 | €6,667,201 | €6,666,514 | -€687 | 0.0% |
| Equity | 10/15 | €4,824,918 | €4,861,247 | +€36,330 | +0.8% |
| Contributions | 10/11 | €124,000 | €124,000 | = | 0.0% |
| Capital | 10 | €124,000 | €124,000 | = | 0.0% |
| Issued capital | 100 | €124,000 | €124,000 | = | 0.0% |
| Reserves | 13 | €12,400 | €12,400 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,400 | €12,400 | = | 0.0% |
| Legal reserve | 130 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,688,518 | €4,724,847 | +€36,330 | +0.8% |
| Amounts payable | 17/49 | €1,842,283 | €1,805,267 | -€37,016 | -2.0% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €1,350 | €1,350 | = | 0.0% |
| Trade debts | 44 | €1,350 | €1,350 | = | 0.0% |
| Suppliers | 440/4 | €1,350 | €1,350 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,840,933 | €1,803,917 | -€37,016 | -2.0% |
| Non-recurring operating income | 76A | €36,410 | €42,359 | +€5,949 | +16.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €12,614 | €8,292 | -€4,322 | -34.3% |
| Other operating charges | 640/8 | €1,210 | €1,068 | -€143 | -11.8% |
| Gross operating margin | 9900 | €23,796 | €34,066 | +€10,270 | +43.2% |
| Operating profit (loss) | 9901 | €22,586 | €32,999 | +€10,413 | +46.1% |
| Financial income | 75/76B | €36,066 | €6,985 | -€29,081 | -80.6% |
| Recurring financial income | 75 | €36,066 | €6,985 | -€29,081 | -80.6% |
| Financial charges | 65/66B | €2,767 | €3,654 | +€887 | +32.1% |
| Recurring financial charges | 65 | €2,767 | €3,654 | +€887 | +32.1% |
| Profit (loss) for the period before taxes | 9903 | €55,885 | €36,330 | -€19,555 | -35.0% |
| Income taxes | 67/77 | €3,423 | - | -€3,423 | |
| Profit (loss) for the period | 9904 | €52,462 | €36,330 | -€16,132 | -30.8% |
| Profit (loss) for the period to be appropriated | 9905 | €52,462 | €36,330 | -€16,132 | -30.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.