Hermoso: 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.
Hermoso
Largest movements
- Tangible fixed assets -€57,450
down €57,450 (-12.0%), from €480,030 to €422,580
of which Other tangible fixed assets: -€42,353
- Cash +€24,757
up €24,757 (+51.7%), from €47,847 to €72,604
mainly Depreciation (+€74,180) and Net result for the year (+€35,975)
- Receivables within one year -€19,562
down €19,562 (-47.8%), from €40,919 to €21,357
of which Other amounts receivable: -€13,999
- Deferred charges and accrued income +€15,936
up €15,936 (+388.7%), from €4,100 to €20,036
- Stocks and contracts -€11,605
down €11,605 (-29.3%), from €39,622 to €28,017
- Debts after one year -€39,866
down €39,866 (-16.6%), from €240,268 to €200,401
- Trade debts -€38,949
down €38,949 (-29.3%), from €132,819 to €93,870
- Profit (loss) carried forward +€35,975
up €35,975 (+42.5%), from €84,664 to €120,639
- Other debts -€16,969
down €16,969 (-50.1%), from €33,847 to €16,878
- Tax, wage and social debts +€7,541
up €7,541 (+10.7%), from €70,210 to €77,751
of which Remuneration and social security: +€4,303
- Gross operating margin +€95,474
up €95,474 (+17.9%), from €533,010 to €628,484
- Other operating charges +€41,099
up €41,099 (+1574.4%), from €2,610 to €43,709
- Staff costs +€17,886
up €17,886 (+4.2%), from €425,200 to €443,086
- Taxes +€8,893
up €8,893 (+121651.0%), from €7 to €8,900
- Financial charges +€6,333
up €6,333 (+38.7%), from €16,347 to €22,680
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 | €615,398 | €567,158 | -€48,240 | -7.8% |
| Fixed assets | 21/28 | €482,911 | €425,145 | -€57,766 | -12.0% |
| Intangible fixed assets | 21 | €316 | - | -€316 | |
| Tangible fixed assets | 22/27 | €480,030 | €422,580 | -€57,450 | -12.0% |
| Land and buildings | 22 | €96,485 | €90,516 | -€5,970 | -6.2% |
| Plant, machinery and equipment | 23 | €49,444 | €45,780 | -€3,664 | -7.4% |
| Furniture and vehicles | 24 | €55,102 | €49,639 | -€5,463 | -9.9% |
| Other tangible fixed assets | 26 | €278,998 | €236,645 | -€42,353 | -15.2% |
| Financial fixed assets | 28 | €2,564 | €2,564 | = | 0.0% |
| Current assets | 29/58 | €132,487 | €142,014 | +€9,526 | +7.2% |
| Stocks and contracts in progress | 3 | €39,622 | €28,017 | -€11,605 | -29.3% |
| Stocks | 30/36 | €39,622 | €28,017 | -€11,605 | -29.3% |
| Amounts receivable within one year | 40/41 | €40,919 | €21,357 | -€19,562 | -47.8% |
| Trade receivables | 40 | €21,919 | €16,356 | -€5,563 | -25.4% |
| Other amounts receivable | 41 | €19,000 | €5,001 | -€13,999 | -73.7% |
| Cash at bank and in hand | 54/58 | €47,847 | €72,604 | +€24,757 | +51.7% |
| Deferred charges and accrued income | 490/1 | €4,100 | €20,036 | +€15,936 | +388.7% |
| Total equity and liabilities | 10/49 | €615,398 | €567,158 | -€48,240 | -7.8% |
| Equity | 10/15 | €92,254 | €128,229 | +€35,975 | +39.0% |
| Contributions | 10/11 | €7,590 | €7,590 | = | 0.0% |
| Profit (loss) carried forward | 14 | €84,664 | €120,639 | +€35,975 | +42.5% |
| Amounts payable | 17/49 | €523,144 | €438,930 | -€84,214 | -16.1% |
| Amounts payable after more than one year | 17 | €240,268 | €200,401 | -€39,866 | -16.6% |
| Financial debts | 170/4 | €240,268 | €200,401 | -€39,866 | -16.6% |
| Amounts payable within one year | 42/48 | €277,364 | €230,921 | -€46,443 | -16.7% |
| Current portion of amounts payable after more than one year | 42 | €37,932 | €39,866 | +€1,934 | +5.1% |
| Trade debts | 44 | €132,819 | €93,870 | -€38,949 | -29.3% |
| Suppliers | 440/4 | €132,819 | €93,870 | -€38,949 | -29.3% |
| Advances received on contracts in progress | 46 | €2,556 | €2,556 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €70,210 | €77,751 | +€7,541 | +10.7% |
| Taxes | 450/3 | €26,345 | €29,583 | +€3,238 | +12.3% |
| Remuneration and social security | 454/9 | €43,865 | €48,168 | +€4,303 | +9.8% |
| Other amounts payable | 47/48 | €33,847 | €16,878 | -€16,969 | -50.1% |
| Accrued charges and deferred income | 492/3 | €5,512 | €7,607 | +€2,095 | +38.0% |
| Remuneration, social security and pensions | 62 | €425,200 | €443,086 | +€17,886 | +4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €79,387 | €74,180 | -€5,207 | -6.6% |
| Other operating charges | 640/8 | €2,610 | €43,709 | +€41,099 | +1574.4% |
| Non-recurring operating charges | 66A | €11,219 | - | -€11,219 | |
| Gross operating margin | 9900 | €533,010 | €628,484 | +€95,474 | +17.9% |
| Operating profit (loss) | 9901 | €14,593 | €67,508 | +€52,915 | +362.6% |
| Financial income | 75/76B | €802 | €46 | -€757 | -94.3% |
| Recurring financial income | 75 | €802 | €46 | -€757 | -94.3% |
| Financial charges | 65/66B | €16,347 | €22,680 | +€6,333 | +38.7% |
| Recurring financial charges | 65 | €16,347 | €22,680 | +€6,333 | +38.7% |
| Profit (loss) for the period before taxes | 9903 | -€951 | €44,875 | +€45,826 | |
| Income taxes | 67/77 | €7 | €8,900 | +€8,893 | +121651.0% |
| Profit (loss) for the period | 9904 | -€958 | €35,975 | +€36,933 | |
| Profit (loss) for the period to be appropriated | 9905 | -€958 | €35,975 | +€36,933 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.