Herob: 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.
Herob
Largest movements
- Tangible fixed assets -€39,078
down €39,078 (-6.2%), from €630,748 to €591,670
of which Land and buildings: -€22,265
- Cash +€26,021
up €26,021 (+182.4%), from €14,263 to €40,284
mainly Depreciation (+€39,078) and Net result for the year (+€21,497)
- Debts after one year -€31,647
down €31,647 (-6.7%), from €474,663 to €443,016
of which Financial debts: -€31,647
- Profit (loss) carried forward +€21,497
up €21,497 (+49.9%), from -€43,078 to -€21,581
- Gross operating margin +€8,139
up €8,139 (+13.1%), from €61,974 to €70,113
- Depreciation -€1,103
down €1,103 (-2.7%), from €40,180 to €39,078
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 | €652,274 | €642,244 | -€10,030 | -1.5% |
| Fixed assets | 21/28 | €630,748 | €591,670 | -€39,078 | -6.2% |
| Tangible fixed assets | 22/27 | €630,748 | €591,670 | -€39,078 | -6.2% |
| Land and buildings | 22 | €598,223 | €575,958 | -€22,265 | -3.7% |
| Plant, machinery and equipment | 23 | €12,822 | €3,398 | -€9,424 | -73.5% |
| Furniture and vehicles | 24 | €19,703 | €12,314 | -€7,389 | -37.5% |
| Current assets | 29/58 | €21,526 | €50,573 | +€29,047 | +134.9% |
| Amounts receivable within one year | 40/41 | €6,773 | €9,785 | +€3,011 | +44.5% |
| Trade receivables | 40 | €6,773 | €9,785 | +€3,011 | +44.5% |
| Cash at bank and in hand | 54/58 | €14,263 | €40,284 | +€26,021 | +182.4% |
| Deferred charges and accrued income | 490/1 | €489 | €505 | +€16 | +3.2% |
| Total equity and liabilities | 10/49 | €652,274 | €642,244 | -€10,030 | -1.5% |
| Equity | 10/15 | -€3,078 | €18,419 | +€21,497 | |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€43,078 | -€21,581 | +€21,497 | +49.9% |
| Amounts payable | 17/49 | €655,351 | €623,825 | -€31,527 | -4.8% |
| Amounts payable after more than one year | 17 | €474,663 | €443,016 | -€31,647 | -6.7% |
| Financial debts | 170/4 | €472,582 | €440,935 | -€31,647 | -6.7% |
| Other amounts payable | 178/9 | €2,081 | €2,081 | = | 0.0% |
| Amounts payable within one year | 42/48 | €178,851 | €179,365 | +€514 | +0.3% |
| Current portion of amounts payable after more than one year | 42 | €31,217 | €31,647 | +€430 | +1.4% |
| Trade debts | 44 | €973 | €1,989 | +€1,016 | +104.5% |
| Suppliers | 440/4 | €973 | €1,989 | +€1,016 | +104.5% |
| Taxes, remuneration and social security | 45 | €41 | €394 | +€352 | +853.9% |
| Taxes | 450/3 | €41 | €394 | +€352 | +853.9% |
| Other amounts payable | 47/48 | €146,620 | €145,336 | -€1,284 | -0.9% |
| Accrued charges and deferred income | 492/3 | €1,838 | €1,444 | -€394 | -21.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,180 | €39,078 | -€1,103 | -2.7% |
| Other operating charges | 640/8 | €1,934 | €1,992 | +€59 | +3.0% |
| Gross operating margin | 9900 | €61,974 | €70,113 | +€8,139 | +13.1% |
| Operating profit (loss) | 9901 | €19,860 | €29,043 | +€9,183 | +46.2% |
| Financial income | 75/76B | €0 | €0 | +€0 | +1400.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +1400.0% |
| Financial charges | 65/66B | €8,136 | €7,546 | -€590 | -7.2% |
| Recurring financial charges | 65 | €8,136 | €7,546 | -€590 | -7.2% |
| Profit (loss) for the period before taxes | 9903 | €11,724 | €21,497 | +€9,773 | +83.4% |
| Profit (loss) for the period | 9904 | €11,724 | €21,497 | +€9,773 | +83.4% |
| Profit (loss) for the period to be appropriated | 9905 | €11,724 | €21,497 | +€9,773 | +83.4% |
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 1 October 2026 via checked.be.