HERREBOSCH CONSTRUCT: 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.
HERREBOSCH CONSTRUCT
Largest movements
- Cash -€44,807
down €44,807 (-83.4%), from €53,741 to €8,934
mainly Investment in fixed assets (net) (-€87,212) and Debts after one year (-€27,683)
- Tangible fixed assets +€23,239
up €23,239 (+14.7%), from €157,634 to €180,873
of which Furniture and vehicles: +€35,247
- Deferred charges and accrued income +€21,604
up €21,604 (+749%), from €2,884 to €24,488
- Receivables within one year +€11,808
up €11,808 (+10.0%), from €118,482 to €130,290
of which Other amounts receivable: +€13,247
- Debts after one year -€27,683
down €27,683 (-68.1%), from €40,648 to €12,965
- Other debts +€17,723
up €17,723 (+14.7%), from €120,328 to €138,051
- Current portion of long-term debt +€15,559
up €15,559 (+27.6%), from €56,397 to €71,956
- Trade debts +€9,889
up €9,889 (+51.4%), from €19,241 to €29,130
- Profit (loss) carried forward -€4,833
down €4,833 (-14.2%), from €34,034 to €29,201
- Depreciation +€9,330
up €9,330 (+17.1%), from €54,643 to €63,974
- Staff costs +€5,247
up €5,247 (+337%), from €1,558 to €6,804
- Gross operating margin +€2,603
up €2,603 (+3.9%), from €67,461 to €70,063
- Financial income -€2,158
down €2,158 (-98.9%), from €2,181 to €23
- Taxes -€2,080
down €2,080 (-91.8%), from €2,267 to €187
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.
Derived cash bridge
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 | €345,971 | €357,814 | +€11,843 | +3.4% |
| Fixed assets | 21/28 | €157,634 | €180,873 | +€23,239 | +14.7% |
| Tangible fixed assets | 22/27 | €157,634 | €180,873 | +€23,239 | +14.7% |
| Plant, machinery and equipment | 23 | €67,079 | €55,070 | -€12,009 | -17.9% |
| Furniture and vehicles | 24 | €90,555 | €125,803 | +€35,247 | +38.9% |
| Current assets | 29/58 | €188,337 | €176,942 | -€11,395 | -6.1% |
| Stocks and contracts in progress | 3 | €13,230 | €13,230 | = | 0.0% |
| Stocks | 30/36 | €13,230 | €13,230 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €118,482 | €130,290 | +€11,808 | +10.0% |
| Trade receivables | 40 | €113,930 | €112,491 | -€1,439 | -1.3% |
| Other amounts receivable | 41 | €4,552 | €17,799 | +€13,247 | +291% |
| Cash at bank and in hand | 54/58 | €53,741 | €8,934 | -€44,807 | -83.4% |
| Deferred charges and accrued income | 490/1 | €2,884 | €24,488 | +€21,604 | +749% |
| Total equity and liabilities | 10/49 | €345,971 | €357,814 | +€11,843 | +3.4% |
| Equity | 10/15 | €106,094 | €101,261 | -€4,833 | -4.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €53,460 | €53,460 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €51,600 | €51,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,034 | €29,201 | -€4,833 | -14.2% |
| Amounts payable | 17/49 | €239,877 | €256,553 | +€16,676 | +7.0% |
| Amounts payable after more than one year | 17 | €40,648 | €12,965 | -€27,683 | -68.1% |
| Financial debts | 170/4 | €40,648 | €12,965 | -€27,683 | -68.1% |
| Amounts payable within one year | 42/48 | €198,182 | €242,541 | +€44,359 | +22.4% |
| Current portion of amounts payable after more than one year | 42 | €56,397 | €71,956 | +€15,559 | +27.6% |
| Trade debts | 44 | €19,241 | €29,130 | +€9,889 | +51.4% |
| Suppliers | 440/4 | €19,241 | €29,130 | +€9,889 | +51.4% |
| Taxes, remuneration and social security | 45 | €2,215 | €3,404 | +€1,189 | +53.7% |
| Taxes | 450/3 | €1,500 | €2,869 | +€1,369 | +91.3% |
| Remuneration and social security | 454/9 | €715 | €535 | -€180 | -25.2% |
| Other amounts payable | 47/48 | €120,328 | €138,051 | +€17,723 | +14.7% |
| Accrued charges and deferred income | 492/3 | €1,047 | €1,047 | = | 0.0% |
| Non-recurring operating income | 76A | €10,708 | €5,313 | -€5,395 | -50.4% |
| Remuneration, social security and pensions | 62 | €1,558 | €6,804 | +€5,247 | +337% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,643 | €63,974 | +€9,330 | +17.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€1,170 | - | +€1,170 | |
| Other operating charges | 640/8 | €1,744 | €1,854 | +€110 | +6.3% |
| Non-recurring operating charges | 66A | €250 | - | -€250 | |
| Gross operating margin | 9900 | €67,461 | €70,063 | +€2,603 | +3.9% |
| Operating profit (loss) | 9901 | €10,436 | -€2,569 | -€13,004 | |
| Financial income | 75/76B | €2,181 | €23 | -€2,158 | -98.9% |
| Recurring financial income | 75 | €2,181 | €23 | -€2,158 | -98.9% |
| Financial charges | 65/66B | €1,743 | €1,268 | -€475 | -27.3% |
| Recurring financial charges | 65 | €1,743 | €1,268 | -€475 | -27.3% |
| Profit (loss) for the period before taxes | 9903 | €10,874 | -€3,813 | -€14,687 | |
| Income taxes | 67/77 | €2,267 | €187 | -€2,080 | -91.8% |
| Profit (loss) for the period | 9904 | €8,607 | -€4,000 | -€12,607 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,607 | -€4,000 | -€12,607 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.