HERREBAUT JORIS: what changed
What changed
HERREBAUT JORIS
NACE 43.222, Installation of electric heating, air conditioning, cooling and ventilation
filed annual accounts (NBB)
Net result for the year
-€3,683
2024 · €48,625-€52,308
Equity
€229,730
2024 · €233,413-€3,683
Cash
€75,136
2024 · €62,877+€12,259
Balance sheet total
€499,838
2024 · €577,466-€77,628
Largest movements
Assets
- Tangible fixed assets -€35,543
down €35,543 (-8.5%), from €419,065 to €383,522
of which Land and buildings: -€25,500
- Receivables within one year -€31,634
down €31,634 (-48.7%), from €64,983 to €33,349
of which Trade receivables: -€31,198
- Stocks and contracts -€15,639
down €15,639 (-84.4%), from €18,528 to €2,889
- Cash +€12,259
up €12,259 (+19.5%), from €62,877 to €75,136
mainly Depreciation (+€37,063) and Receivables within one year (+€31,634)
- Deferred charges and accrued income -€7,071
down €7,071 (-58.9%), from €12,013 to €4,942
Equity and liabilities
- Debts after one year -€31,929
down €31,929 (-24.4%), from €130,859 to €98,930
- Tax, wage and social debts -€19,282
down €19,282 (-85.4%), from €22,570 to €3,288
- Trade debts -€16,172
down €16,172 (-51.9%), from €31,134 to €14,962
Income statement
- Gross operating margin -€79,817
down €79,817 (-64.3%), from €124,095 to €44,278
- Taxes -€20,868
down €20,868 (-94.5%), from €22,073 to €1,205
- Depreciation -€5,833
down €5,833 (-13.6%), from €42,896 to €37,063
- Other operating charges -€2,753
down €2,753 (-44.2%), from €6,229 to €3,476
- Financial charges -€1,381
down €1,381 (-17.9%), from €7,727 to €6,346
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€48,625
Gross operating margin
-€79,817
Depreciation
+€5,833
Other operating charges
+€2,753
Other operating items
-€3,401
Financial income
+€76
Financial charges
+€1,381
Taxes
+€20,868
Result 2025
-€3,683
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€46,563
Investment
-€1,520
Financing
-€32,784
Cash 2024
€62,877
From operations (derived)
+€46,563
Net result for the year
-€3,683
Depreciation
+€37,063
Stocks and contracts
+€15,639
Receivables within one year
+€31,634
Deferred charges and accrued income
+€7,071
Provisions
-€1,300
Trade debts
-€16,172
Tax, wage and social debts
-€19,282
Other debts
-€4,407
Investment (derived)
-€1,520
Investment in fixed assets (net)
-€1,520
Financing
-€32,784
Debts after one year
-€31,929
Current portion of long-term debt
-€855
Short-term financial debts
-€0
Cash 2025
€75,136
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €577,466 | €499,838 | -€77,628 | -13.4% |
| Fixed assets | 21/28 | €419,065 | €383,522 | -€35,543 | -8.5% |
| Tangible fixed assets | 22/27 | €419,065 | €383,522 | -€35,543 | -8.5% |
| Land and buildings | 22 | €374,800 | €349,299 | -€25,500 | -6.8% |
| Plant, machinery and equipment | 23 | €5,946 | €6,851 | +€905 | +15.2% |
| Furniture and vehicles | 24 | €38,319 | €27,372 | -€10,948 | -28.6% |
| Current assets | 29/58 | €158,402 | €116,317 | -€42,085 | -26.6% |
| Stocks and contracts in progress | 3 | €18,528 | €2,889 | -€15,639 | -84.4% |
| Stocks | 30/36 | €18,528 | €2,889 | -€15,639 | -84.4% |
| Amounts receivable within one year | 40/41 | €64,983 | €33,349 | -€31,634 | -48.7% |
| Trade receivables | 40 | €60,075 | €28,877 | -€31,198 | -51.9% |
| Other amounts receivable | 41 | €4,909 | €4,472 | -€437 | -8.9% |
| Cash at bank and in hand | 54/58 | €62,877 | €75,136 | +€12,259 | +19.5% |
| Deferred charges and accrued income | 490/1 | €12,013 | €4,942 | -€7,071 | -58.9% |
| Total equity and liabilities | 10/49 | €577,466 | €499,838 | -€77,628 | -13.4% |
| Equity | 10/15 | €233,413 | €229,730 | -€3,683 | -1.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €214,813 | €211,130 | -€3,683 | -1.7% |
| Tax-exempt reserves | 132 | €35,617 | €31,715 | -€3,901 | -11.0% |
| Distributable reserves | 133 | €179,196 | €179,415 | +€219 | +0.1% |
| Provisions and deferred taxes | 16 | €7,872 | €6,571 | -€1,300 | -16.5% |
| Deferred taxes | 168 | €7,872 | €6,571 | -€1,300 | -16.5% |
| Amounts payable | 17/49 | €336,182 | €263,537 | -€72,645 | -21.6% |
| Amounts payable after more than one year | 17 | €130,859 | €98,930 | -€31,929 | -24.4% |
| Financial debts | 170/4 | €130,859 | €98,930 | -€31,929 | -24.4% |
| Amounts payable within one year | 42/48 | €205,323 | €164,607 | -€40,716 | -19.8% |
| Current portion of amounts payable after more than one year | 42 | €32,784 | €31,929 | -€855 | -2.6% |
| Financial debts | 43 | €3,018 | €3,018 | -€0 | 0.0% |
| Other loans | 439 | €3,018 | €3,018 | -€0 | 0.0% |
| Trade debts | 44 | €31,134 | €14,962 | -€16,172 | -51.9% |
| Suppliers | 440/4 | €31,134 | €14,962 | -€16,172 | -51.9% |
| Taxes, remuneration and social security | 45 | €22,570 | €3,288 | -€19,282 | -85.4% |
| Taxes | 450/3 | €22,570 | €3,288 | -€19,282 | -85.4% |
| Other amounts payable | 47/48 | €115,818 | €111,411 | -€4,407 | -3.8% |
| Non-recurring operating income | 76A | €2,479 | - | -€2,479 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,896 | €37,063 | -€5,833 | -13.6% |
| Other operating charges | 640/8 | €6,229 | €3,476 | -€2,753 | -44.2% |
| Non-recurring operating charges | 66A | - | €3,401 | +€3,401 | |
| Gross operating margin | 9900 | €124,095 | €44,278 | -€79,817 | -64.3% |
| Operating profit (loss) | 9901 | €74,970 | €337 | -€74,633 | -99.6% |
| Financial income | 75/76B | €2,155 | €2,231 | +€76 | +3.5% |
| Recurring financial income | 75 | €2,155 | €2,231 | +€76 | +3.5% |
| Financial charges | 65/66B | €7,727 | €6,346 | -€1,381 | -17.9% |
| Recurring financial charges | 65 | €7,727 | €6,346 | -€1,381 | -17.9% |
| Profit (loss) for the period before taxes | 9903 | €69,397 | -€3,778 | -€73,176 | |
| Transfer from deferred taxes | 780 | €1,300 | €1,300 | = | 0.0% |
| Income taxes | 67/77 | €22,073 | €1,205 | -€20,868 | -94.5% |
| Profit (loss) for the period | 9904 | €48,625 | -€3,683 | -€52,308 | |
| Transfer from tax-exempt reserves | 789 | €3,901 | €3,901 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €52,527 | €219 | -€52,308 | -99.6% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.