HERPE & PARTNERS: 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.
HERPE & PARTNERS
Largest movements
- Tangible fixed assets -€3,450
down €3,450 (-30.4%), from €11,350 to €7,900
of which Furniture and vehicles: -€1,967
- Cash +€2,531
up €2,531 (+23.0%), from €11,018 to €13,549
mainly Depreciation (+€4,950) and Trade debts (+€534)
- Intangible fixed assets -€1,500
down €1,500 (-33.3%), from €4,500 to €3,000
- Profit (loss) carried forward -€3,256
down €3,256 (-16.6%), from €19,635 to €16,379
- Trade debts +€534
new in 2026: €534
- Other debts +€304
up €304 (+4.2%), from €7,233 to €7,537
- Gross operating margin -€3,635
down €3,635 (-67.5%), from €5,386 to €1,751
- Staff costs -€62
down €62 (-52.1%), from €119 to €57
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €26,868 | €24,450 | -€2,418 | -9.0% |
| Fixed assets | 21/28 | €15,850 | €10,900 | -€4,950 | -31.2% |
| Intangible fixed assets | 21 | €4,500 | €3,000 | -€1,500 | -33.3% |
| Tangible fixed assets | 22/27 | €11,350 | €7,900 | -€3,450 | -30.4% |
| Land and buildings | 22 | €7,417 | €5,934 | -€1,483 | -20.0% |
| Furniture and vehicles | 24 | €3,933 | €1,966 | -€1,967 | -50.0% |
| Current assets | 29/58 | €11,018 | €13,550 | +€2,532 | +23.0% |
| Current investments | 50/53 | - | €1 | +€1 | |
| Cash at bank and in hand | 54/58 | €11,018 | €13,549 | +€2,531 | +23.0% |
| Total equity and liabilities | 10/49 | €26,868 | €24,450 | -€2,418 | -9.0% |
| Equity | 10/15 | €19,635 | €16,379 | -€3,256 | -16.6% |
| Profit (loss) carried forward | 14 | €19,635 | €16,379 | -€3,256 | -16.6% |
| Amounts payable | 17/49 | €7,233 | €8,071 | +€838 | +11.6% |
| Amounts payable within one year | 42/48 | €7,233 | €8,071 | +€838 | +11.6% |
| Trade debts | 44 | - | €534 | +€534 | |
| Suppliers | 440/4 | - | €534 | +€534 | |
| Other amounts payable | 47/48 | €7,233 | €7,537 | +€304 | +4.2% |
| Remuneration, social security and pensions | 62 | €119 | €57 | -€62 | -52.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,949 | €4,950 | +€1 | 0.0% |
| Gross operating margin | 9900 | €5,386 | €1,751 | -€3,635 | -67.5% |
| Operating profit (loss) | 9901 | €318 | -€3,256 | -€3,574 | |
| Profit (loss) for the period before taxes | 9903 | €318 | -€3,256 | -€3,574 | |
| Profit (loss) for the period | 9904 | €318 | -€3,256 | -€3,574 | |
| Profit (loss) for the period to be appropriated | 9905 | €318 | -€3,256 | -€3,574 |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.