HERNIK: 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.
HERNIK
Largest movements
- Tangible fixed assets -€12,025
down €12,025 (-26.6%), from €45,223 to €33,197
of which Furniture and vehicles: -€11,066
- Receivables within one year +€7,918
up €7,918 (+13.6%), from €58,316 to €66,233
of which Trade receivables: +€7,098
- Accrued charges and deferred income -€30,500
no longer reported in 2025 (was €30,500)
- Short-term financial debts +€13,197
new in 2025: €13,197
- Reserves +€13,000
up €13,000 (+349.6%), from €3,718 to €16,718
- Debts after one year -€8,235
down €8,235 (-47.0%), from €17,534 to €9,299
- Trade debts +€6,398
up €6,398 (+61.5%), from €10,395 to €16,794
- Gross operating margin -€12,511
down €12,511 (-5.7%), from €220,136 to €207,625
- Depreciation -€3,809
down €3,809 (-20.4%), from €18,709 to €14,900
- Financial income -€3,598
down €3,598 (-36.8%), from €9,786 to €6,189
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 | €291,255 | €287,354 | -€3,901 | -1.3% |
| Fixed assets | 21/28 | €45,803 | €33,778 | -€12,025 | -26.3% |
| Tangible fixed assets | 22/27 | €45,223 | €33,197 | -€12,025 | -26.6% |
| Furniture and vehicles | 24 | €43,940 | €32,874 | -€11,066 | -25.2% |
| Other tangible fixed assets | 26 | €1,283 | €323 | -€960 | -74.8% |
| Financial fixed assets | 28 | €580 | €580 | = | 0.0% |
| Current assets | 29/58 | €245,452 | €253,576 | +€8,124 | +3.3% |
| Stocks and contracts in progress | 3 | €6,050 | €4,930 | -€1,120 | -18.5% |
| Stocks | 30/36 | €6,050 | €4,930 | -€1,120 | -18.5% |
| Amounts receivable within one year | 40/41 | €58,316 | €66,233 | +€7,918 | +13.6% |
| Trade receivables | 40 | €46,455 | €53,552 | +€7,098 | +15.3% |
| Other amounts receivable | 41 | €11,861 | €12,681 | +€820 | +6.9% |
| Cash at bank and in hand | 54/58 | €179,992 | €181,218 | +€1,226 | +0.7% |
| Deferred charges and accrued income | 490/1 | €1,095 | €1,195 | +€100 | +9.2% |
| Total equity and liabilities | 10/49 | €291,255 | €287,354 | -€3,901 | -1.3% |
| Equity | 10/15 | €210,454 | €226,065 | +€15,612 | +7.4% |
| Contributions | 10/11 | €37,184 | €37,184 | = | 0.0% |
| Reserves | 13 | €3,718 | €16,718 | +€13,000 | +349.6% |
| Distributable reserves | 133 | €3,718 | €16,718 | +€13,000 | +349.6% |
| Profit (loss) carried forward | 14 | €169,551 | €172,163 | +€2,612 | +1.5% |
| Amounts payable | 17/49 | €80,801 | €61,288 | -€19,513 | -24.1% |
| Amounts payable after more than one year | 17 | €17,534 | €9,299 | -€8,235 | -47.0% |
| Financial debts | 170/4 | €17,534 | €9,299 | -€8,235 | -47.0% |
| Amounts payable within one year | 42/48 | €32,767 | €51,989 | +€19,222 | +58.7% |
| Current portion of amounts payable after more than one year | 42 | €7,913 | €8,235 | +€322 | +4.1% |
| Financial debts | 43 | - | €13,197 | +€13,197 | |
| Credit institutions | 430/8 | - | €13,197 | +€13,197 | |
| Trade debts | 44 | €10,395 | €16,794 | +€6,398 | +61.5% |
| Suppliers | 440/4 | €10,395 | €16,794 | +€6,398 | +61.5% |
| Taxes, remuneration and social security | 45 | €14,355 | €13,660 | -€695 | -4.8% |
| Taxes | 450/3 | €3,517 | €2,526 | -€991 | -28.2% |
| Remuneration and social security | 454/9 | €10,838 | €11,134 | +€296 | +2.7% |
| Other amounts payable | 47/48 | €103 | €103 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €30,500 | - | -€30,500 | |
| Remuneration, social security and pensions | 62 | €170,262 | €170,540 | +€278 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,709 | €14,900 | -€3,809 | -20.4% |
| Other operating charges | 640/8 | €2,099 | €3,033 | +€934 | +44.5% |
| Gross operating margin | 9900 | €220,136 | €207,625 | -€12,511 | -5.7% |
| Operating profit (loss) | 9901 | €29,066 | €19,152 | -€9,913 | -34.1% |
| Financial income | 75/76B | €9,786 | €6,189 | -€3,598 | -36.8% |
| Recurring financial income | 75 | €9,786 | €6,189 | -€3,598 | -36.8% |
| Financial charges | 65/66B | €3,464 | €3,159 | -€304 | -8.8% |
| Recurring financial charges | 65 | €3,464 | €3,159 | -€304 | -8.8% |
| Profit (loss) for the period before taxes | 9903 | €35,388 | €22,182 | -€13,207 | -37.3% |
| Income taxes | 67/77 | €7,677 | €6,570 | -€1,107 | -14.4% |
| Profit (loss) for the period | 9904 | €27,711 | €15,612 | -€12,099 | -43.7% |
| Profit (loss) for the period to be appropriated | 9905 | €27,711 | €15,612 | -€12,099 | -43.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.