HERMESSE IMMO: 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.
HERMESSE IMMO
Largest movements
- Tangible fixed assets +€3.3m
up €3.3m (+267.4%), from €1.2m to €4.5m
of which Land and buildings: +€2.1m
- Receivables within one year +€185,409
up €185,409 (+112.9%), from €164,282 to €349,690
of which Trade receivables: +€163,280
- Cash +€99,365
up €99,365 (+137.8%), from €72,102 to €171,467
mainly Debts after one year (+€1.6m) and Trade debts (+€1.2m)
- Debts after one year +€1.6m
up €1.6m (+152.1%), from €1.1m to €2.7m
- Trade debts +€1.2m
up €1.2m (+11769.4%), from €9,899 to €1.2m
- Other debts +€456,500
new in 2024: €456,500
- Profit (loss) carried forward +€169,308
up €169,308 (+65.5%), from €258,651 to €427,959
- Current portion of long-term debt +€104,131
up €104,131 (+167.2%), from €62,292 to €166,422
- Gross operating margin +€113,836
up €113,836 (+42.4%), from €268,405 to €382,240
- Depreciation +€67,913
up €67,913 (+154.0%), from €44,087 to €111,999
- Financial charges +€22,274
up €22,274 (+135.2%), from €16,470 to €38,744
- Taxes +€11,500
up €11,500 (+25.0%), from €45,973 to €57,473
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 | €1,465,636 | €5,061,183 | +€3.6m | +245.3% |
| Fixed assets | 21/28 | €1,228,038 | €4,511,467 | +€3.3m | +267.4% |
| Tangible fixed assets | 22/27 | €1,228,038 | €4,511,467 | +€3.3m | +267.4% |
| Land and buildings | 22 | - | €2,129,391 | +€2.1m | |
| Plant, machinery and equipment | 23 | €10,933 | €18,580 | +€7,647 | +69.9% |
| Leasing and similar rights | 25 | €1,217,105 | €2,363,495 | +€1.1m | +94.2% |
| Current assets | 29/58 | €237,598 | €549,717 | +€312,119 | +131.4% |
| Stocks and contracts in progress | 3 | - | €27,280 | +€27,280 | |
| Stocks | 30/36 | - | €27,280 | +€27,280 | |
| Amounts receivable within one year | 40/41 | €164,282 | €349,690 | +€185,409 | +112.9% |
| Trade receivables | 40 | €140,157 | €303,437 | +€163,280 | +116.5% |
| Other amounts receivable | 41 | €24,125 | €46,254 | +€22,129 | +91.7% |
| Cash at bank and in hand | 54/58 | €72,102 | €171,467 | +€99,365 | +137.8% |
| Deferred charges and accrued income | 490/1 | €1,215 | €1,279 | +€65 | +5.3% |
| Total equity and liabilities | 10/49 | €1,465,636 | €5,061,183 | +€3.6m | +245.3% |
| Equity | 10/15 | €258,751 | €428,059 | +€169,308 | +65.4% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €258,651 | €427,959 | +€169,308 | +65.5% |
| Amounts payable | 17/49 | €1,206,885 | €4,633,124 | +€3.4m | +283.9% |
| Amounts payable after more than one year | 17 | €1,079,846 | €2,721,895 | +€1.6m | +152.1% |
| Financial debts | 170/4 | €1,079,846 | €2,721,895 | +€1.6m | +152.1% |
| Amounts payable within one year | 42/48 | €127,039 | €1,911,230 | +€1.8m | +1404.4% |
| Current portion of amounts payable after more than one year | 42 | €62,292 | €166,422 | +€104,131 | +167.2% |
| Trade debts | 44 | €9,899 | €1,174,918 | +€1.2m | +11769.4% |
| Suppliers | 440/4 | €9,899 | €1,174,918 | +€1.2m | +11769.4% |
| Advances received on contracts in progress | 46 | - | €55,917 | +€55,917 | |
| Taxes, remuneration and social security | 45 | €54,848 | €57,473 | +€2,624 | +4.8% |
| Taxes | 450/3 | €54,848 | €57,473 | +€2,624 | +4.8% |
| Other amounts payable | 47/48 | - | €456,500 | +€456,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,087 | €111,999 | +€67,913 | +154.0% |
| Other operating charges | 640/8 | €4,533 | €4,716 | +€183 | +4.0% |
| Gross operating margin | 9900 | €268,405 | €382,240 | +€113,836 | +42.4% |
| Operating profit (loss) | 9901 | €219,785 | €265,525 | +€45,740 | +20.8% |
| Financial charges | 65/66B | €16,470 | €38,744 | +€22,274 | +135.2% |
| Recurring financial charges | 65 | €16,470 | €38,744 | +€22,274 | +135.2% |
| Profit (loss) for the period before taxes | 9903 | €203,315 | €226,781 | +€23,466 | +11.5% |
| Income taxes | 67/77 | €45,973 | €57,473 | +€11,500 | +25.0% |
| Profit (loss) for the period | 9904 | €157,342 | €169,308 | +€11,966 | +7.6% |
| Profit (loss) for the period to be appropriated | 9905 | €157,342 | €169,308 | +€11,966 | +7.6% |
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 9 October 2026 via checked.be.