Herrewyn-Jacobs: 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.
Herrewyn-Jacobs
Largest movements
- Tangible fixed assets +€64,879
up €64,879 (+44.2%), from €146,697 to €211,576
of which Land and buildings: +€68,879
- Intangible fixed assets -€28,571
down €28,571 (-16.0%), from €178,474 to €149,902
- Cash +€18,534
up €18,534 (+27.6%), from €67,050 to €85,584
mainly Depreciation (+€78,047) and Debts after one year (+€71,258)
- Debts after one year +€71,258
up €71,258 (+24.9%), from €285,881 to €357,139
- Other debts -€46,946
down €46,946 (-98.4%), from €47,707 to €760
- Profit (loss) carried forward +€27,278
up €27,278 (+140.3%), from €19,439 to €46,717
- Gross operating margin +€53,303
up €53,303 (+70.6%), from €75,468 to €128,771
- Depreciation +€35,539
up €35,539 (+83.6%), from €42,508 to €78,047
- Financial charges +€7,500
up €7,500 (+95.3%), from €7,871 to €15,371
- Taxes +€2,308
up €2,308 (+44.5%), from €5,191 to €7,499
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.
Cash bridge derived
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 | €396,678 | €452,879 | +€56,201 | +14.2% |
| Fixed assets | 21/28 | €325,171 | €361,478 | +€36,307 | +11.2% |
| Intangible fixed assets | 21 | €178,474 | €149,902 | -€28,571 | -16.0% |
| Tangible fixed assets | 22/27 | €146,697 | €211,576 | +€64,879 | +44.2% |
| Land and buildings | 22 | €129,711 | €198,590 | +€68,879 | +53.1% |
| Plant, machinery and equipment | 23 | €16,986 | €12,986 | -€4,000 | -23.5% |
| Current assets | 29/58 | €71,507 | €91,401 | +€19,893 | +27.8% |
| Amounts receivable within one year | 40/41 | - | €320 | +€320 | |
| Other amounts receivable | 41 | - | €320 | +€320 | |
| Cash at bank and in hand | 54/58 | €67,050 | €85,584 | +€18,534 | +27.6% |
| Deferred charges and accrued income | 490/1 | €4,457 | €5,497 | +€1,039 | +23.3% |
| Total equity and liabilities | 10/49 | €396,678 | €452,879 | +€56,201 | +14.2% |
| Equity | 10/15 | €29,439 | €56,717 | +€27,278 | +92.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,439 | €46,717 | +€27,278 | +140.3% |
| Amounts payable | 17/49 | €367,239 | €396,162 | +€28,923 | +7.9% |
| Amounts payable after more than one year | 17 | €285,881 | €357,139 | +€71,258 | +24.9% |
| Financial debts | 170/4 | €285,881 | €357,139 | +€71,258 | +24.9% |
| Amounts payable within one year | 42/48 | €78,458 | €36,007 | -€42,451 | -54.1% |
| Current portion of amounts payable after more than one year | 42 | €22,489 | €24,041 | +€1,552 | +6.9% |
| Trade debts | 44 | €3,071 | €3,706 | +€635 | +20.7% |
| Suppliers | 440/4 | €3,071 | €3,706 | +€635 | +20.7% |
| Taxes, remuneration and social security | 45 | €5,191 | €7,499 | +€2,308 | +44.5% |
| Taxes | 450/3 | €5,191 | €7,499 | +€2,308 | +44.5% |
| Other amounts payable | 47/48 | €47,707 | €760 | -€46,946 | -98.4% |
| Accrued charges and deferred income | 492/3 | €2,900 | €3,016 | +€116 | +4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,508 | €78,047 | +€35,539 | +83.6% |
| Other operating charges | 640/8 | €465 | €624 | +€158 | +34.1% |
| Gross operating margin | 9900 | €75,468 | €128,771 | +€53,303 | +70.6% |
| Operating profit (loss) | 9901 | €32,495 | €50,101 | +€17,606 | +54.2% |
| Financial income | 75/76B | €5 | €47 | +€42 | +835.0% |
| Recurring financial income | 75 | €5 | €47 | +€42 | +835.0% |
| Financial charges | 65/66B | €7,871 | €15,371 | +€7,500 | +95.3% |
| Recurring financial charges | 65 | €7,871 | €15,371 | +€7,500 | +95.3% |
| Profit (loss) for the period before taxes | 9903 | €24,630 | €34,777 | +€10,147 | +41.2% |
| Income taxes | 67/77 | €5,191 | €7,499 | +€2,308 | +44.5% |
| Profit (loss) for the period | 9904 | €19,439 | €27,278 | +€7,839 | +40.3% |
| Profit (loss) for the period to be appropriated | 9905 | €19,439 | €27,278 | +€7,839 | +40.3% |
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 11 October 2026 via checked.be.