HERMES SERVICES: what changed
What changed
HERMES SERVICES
NACE 46.110, Wholesale trade
filed annual accounts (NBB)
Net result for the year
-€1,606
2024 · -€24,773+€23,167
Equity
€196,201
2024 · €197,807-€1,606
Cash
€6,497
2024 · €7,526-€1,029
Balance sheet total
€294,010
2024 · €306,707-€12,697
Largest movements
Assets
- Tangible fixed assets -€15,838
down €15,838 (-5.7%), from €279,373 to €263,535
of which Land and buildings: -€14,759
- Receivables within one year +€4,170
up €4,170 (+21.1%), from €19,758 to €23,928
Equity and liabilities
- Trade debts -€10,096
down €10,096 (-71.0%), from €14,218 to €4,122
Income statement
- Gross operating margin +€23,391
up €23,391, from -€5,921 to €17,470
- Depreciation +€186
up €186 (+1.1%), from €16,394 to €16,580
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€24,773
Gross operating margin
+€23,391
Depreciation
-€186
Other operating charges
-€8
Financial income
-€84
Financial charges
+€54
Result 2025
-€1,606
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€2,213
Investment
-€742
Financing
-€2,500
Cash 2024
€7,526
From operations (derived)
+€2,213
Net result for the year
-€1,606
Depreciation
+€16,580
Receivables within one year
-€4,170
Trade debts
-€10,096
Other debts
+€1,505
Investment (derived)
-€742
Investment in fixed assets (net)
-€742
Financing
-€2,500
Debts after one year
-€2,500
Cash 2025
€6,497
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €306,707 | €294,010 | -€12,697 | -4.1% |
| Fixed assets | 21/28 | €279,423 | €263,585 | -€15,838 | -5.7% |
| Tangible fixed assets | 22/27 | €279,373 | €263,535 | -€15,838 | -5.7% |
| Land and buildings | 22 | €271,844 | €257,085 | -€14,759 | -5.4% |
| Plant, machinery and equipment | 23 | €3,539 | €3,458 | -€81 | -2.3% |
| Other tangible fixed assets | 26 | €3,990 | €2,992 | -€998 | -25.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €27,284 | €30,425 | +€3,141 | +11.5% |
| Amounts receivable within one year | 40/41 | €19,758 | €23,928 | +€4,170 | +21.1% |
| Trade receivables | 40 | €19,758 | €23,928 | +€4,170 | +21.1% |
| Cash at bank and in hand | 54/58 | €7,526 | €6,497 | -€1,029 | -13.7% |
| Total equity and liabilities | 10/49 | €306,707 | €294,010 | -€12,697 | -4.1% |
| Equity | 10/15 | €197,807 | €196,201 | -€1,606 | -0.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 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% |
| Profit (loss) carried forward | 14 | €177,356 | €175,750 | -€1,606 | -0.9% |
| Amounts payable | 17/49 | €108,900 | €97,809 | -€11,091 | -10.2% |
| Amounts payable after more than one year | 17 | €93,600 | €91,100 | -€2,500 | -2.7% |
| Financial debts | 170/4 | €93,600 | €91,100 | -€2,500 | -2.7% |
| Amounts payable within one year | 42/48 | €14,940 | €6,349 | -€8,591 | -57.5% |
| Trade debts | 44 | €14,218 | €4,122 | -€10,096 | -71.0% |
| Suppliers | 440/4 | €14,218 | €4,122 | -€10,096 | -71.0% |
| Other amounts payable | 47/48 | €722 | €2,227 | +€1,505 | +208% |
| Accrued charges and deferred income | 492/3 | €360 | €360 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,394 | €16,580 | +€186 | +1.1% |
| Other operating charges | 640/8 | €2,383 | €2,391 | +€8 | +0.3% |
| Gross operating margin | 9900 | -€5,921 | €17,470 | +€23,391 | |
| Operating profit (loss) | 9901 | -€24,698 | -€1,501 | +€23,197 | +93.9% |
| Financial income | 75/76B | €96 | €12 | -€84 | -87.5% |
| Recurring financial income | 75 | €96 | €12 | -€84 | -87.5% |
| Non-recurring financial income | 76B | €96 | €12 | -€84 | -87.5% |
| Financial charges | 65/66B | €171 | €117 | -€54 | -31.6% |
| Recurring financial charges | 65 | €171 | €117 | -€54 | -31.6% |
| Profit (loss) for the period before taxes | 9903 | -€24,773 | -€1,606 | +€23,167 | +93.5% |
| Profit (loss) for the period | 9904 | -€24,773 | -€1,606 | +€23,167 | +93.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,773 | -€1,606 | +€23,167 | +93.5% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.