Herox: 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.
Herox
Largest movements
- Receivables within one year -€229
down €229 (-38.6%), from €592 to €363
of which Other amounts receivable: -€127
- Cash +€83
up €83 (+10.0%), from €823 to €905
mainly Trade debts (+€2,184) and Other debts (+€1,800)
- Stocks and contracts -€77
down €77 (-10.1%), from €761 to €684
- Profit (loss) carried forward -€5,158
down €5,158 (-39.8%), from -€12,966 to -€18,124
- Trade debts +€2,184
up €2,184 (+2,313%), from €94 to €2,278
- Other debts +€1,800
new in 2024: €1,800
- Tax, wage and social debts +€526
up €526 (+1,118%), from €47 to €573
- Accrued charges and deferred income +€425
new in 2024: €425
- Other operating charges +€1,338
up €1,338 (+348%), from €384 to €1,722
- Gross operating margin -€957
down €957 (-50.1%), from -€1,911 to -€2,869
- Depreciation -€101
down €101 (-100%), from €101 to €0
- Financial charges +€60
up €60 (+11.8%), from €507 to €567
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.
Derived cash bridge
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 | €2,175 | €1,952 | -€223 | -10.2% |
| Fixed assets | 21/28 | €0 | - | = | |
| Intangible fixed assets | 21 | €0 | - | = | |
| Current assets | 29/58 | €2,175 | €1,952 | -€223 | -10.2% |
| Stocks and contracts in progress | 3 | €761 | €684 | -€77 | -10.1% |
| Stocks | 30/36 | €761 | €684 | -€77 | -10.1% |
| Amounts receivable within one year | 40/41 | €592 | €363 | -€229 | -38.6% |
| Trade receivables | 40 | €101 | €0 | -€101 | -100% |
| Other amounts receivable | 41 | €490 | €363 | -€127 | -25.9% |
| Cash at bank and in hand | 54/58 | €823 | €905 | +€83 | +10.0% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €2,175 | €1,952 | -€223 | -10.2% |
| Equity | 10/15 | €2,034 | -€3,124 | -€5,158 | |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,966 | -€18,124 | -€5,158 | -39.8% |
| Amounts payable | 17/49 | €141 | €5,076 | +€4,935 | +3,490% |
| Amounts payable within one year | 42/48 | €141 | €4,651 | +€4,509 | +3,189% |
| Trade debts | 44 | €94 | €2,278 | +€2,184 | +2,313% |
| Suppliers | 440/4 | €94 | €2,278 | +€2,184 | +2,313% |
| Taxes, remuneration and social security | 45 | €47 | €573 | +€526 | +1,118% |
| Taxes | 450/3 | €47 | €573 | +€526 | +1,118% |
| Other amounts payable | 47/48 | - | €1,800 | +€1,800 | |
| Accrued charges and deferred income | 492/3 | - | €425 | +€425 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €101 | €0 | -€101 | -100% |
| Other operating charges | 640/8 | €384 | €1,722 | +€1,338 | +348% |
| Gross operating margin | 9900 | -€1,911 | -€2,869 | -€957 | -50.1% |
| Operating profit (loss) | 9901 | -€2,397 | -€4,591 | -€2,194 | -91.5% |
| Financial charges | 65/66B | €507 | €567 | +€60 | +11.8% |
| Recurring financial charges | 65 | €507 | €567 | +€60 | +11.8% |
| Profit (loss) for the period before taxes | 9903 | -€2,904 | -€5,158 | -€2,254 | -77.6% |
| Profit (loss) for the period | 9904 | -€2,904 | -€5,158 | -€2,254 | -77.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,904 | -€5,158 | -€2,254 | -77.6% |
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 15 October 2026 via checked.be.