HERMITAGE VASTGOED: 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.
HERMITAGE VASTGOED
Largest movements
- Cash -€87,749
down €87,749 (-85.2%), from €103,030 to €15,281
mainly Receivables within one year (-€87,747) and Net result for the year (-€2,291)
- Receivables within one year +€87,747
up €87,747 (+92.5%), from €94,840 to €182,586
No liability line moved by more than 1% of the balance sheet total.
- Financial income +€2,747
up €2,747 (+71.4%), from €3,848 to €6,594
- Gross operating margin +€2,454
up €2,454 (+23.2%), from -€10,598 to -€8,145
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 | €482,869 | €482,867 | -€2 | 0.0% |
| Current assets | 29/58 | €482,869 | €482,867 | -€2 | 0.0% |
| Amounts receivable after more than one year | 29 | €285,000 | €285,000 | = | 0.0% |
| Other amounts receivable | 291 | €285,000 | €285,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €94,840 | €182,586 | +€87,747 | +92.5% |
| Other amounts receivable | 41 | €94,840 | €182,586 | +€87,747 | +92.5% |
| Cash at bank and in hand | 54/58 | €103,030 | €15,281 | -€87,749 | -85.2% |
| Total equity and liabilities | 10/49 | €482,869 | €482,867 | -€2 | 0.0% |
| Equity | 10/15 | €473,936 | €471,644 | -€2,291 | -0.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €499,109 | €499,109 | = | 0.0% |
| Distributable reserves | 133 | €499,109 | €499,109 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€43,765 | -€46,057 | -€2,291 | -5.2% |
| Amounts payable | 17/49 | €8,934 | €11,223 | +€2,289 | +25.6% |
| Amounts payable within one year | 42/48 | €8,934 | €11,223 | +€2,289 | +25.6% |
| Trade debts | 44 | €1,815 | €1,952 | +€137 | +7.5% |
| Suppliers | 440/4 | €1,815 | €1,952 | +€137 | +7.5% |
| Other amounts payable | 47/48 | €7,119 | €9,271 | +€2,153 | +30.2% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | -€10,598 | -€8,145 | +€2,454 | +23.2% |
| Operating profit (loss) | 9901 | -€11,104 | -€8,664 | +€2,439 | +22.0% |
| Financial income | 75/76B | €3,848 | €6,594 | +€2,747 | +71.4% |
| Recurring financial income | 75 | €3,848 | €6,594 | +€2,747 | +71.4% |
| Financial charges | 65/66B | €246 | €221 | -€25 | -10.1% |
| Recurring financial charges | 65 | €246 | €221 | -€25 | -10.1% |
| Profit (loss) for the period before taxes | 9903 | -€7,503 | -€2,291 | +€5,211 | +69.5% |
| Profit (loss) for the period | 9904 | -€7,503 | -€2,291 | +€5,211 | +69.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,503 | -€2,291 | +€5,211 | +69.5% |
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 30 October 2026 via checked.be.