HERRIAU: 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.
HERRIAU
Largest movements
- Receivables within one year +€173,049
up €173,049 (+286.3%), from €60,436 to €233,484
of which Trade receivables: +€147,884
- Tangible fixed assets -€162,919
down €162,919 (-78.9%), from €206,394 to €43,476
of which Furniture and vehicles: -€167,886
- Stocks and contracts +€57,687
up €57,687 (+77.4%), from €74,500 to €132,187
- Cash -€26,725
down €26,725 (-38.4%), from €69,544 to €42,819
mainly Receivables within one year (-€173,049) and Current portion of long-term debt (-€104,666)
- Trade debts +€139,648
up €139,648 (+237.0%), from €58,918 to €198,567
- Current portion of long-term debt -€104,666
down €104,666 (-94.7%), from €110,500 to €5,834
- Reserves +€34,875
up €34,875 (+17.8%), from €195,956 to €230,831
- Accrued charges and deferred income -€19,500
down €19,500 (-100.0%), from €19,500 to €0
- Debts after one year -€5,834
down €5,834 (-100.0%), from €5,834 to €0
- Gross operating margin -€70,149
down €70,149 (-39.3%), from €178,656 to €108,506
- Depreciation -€52,928
down €52,928 (-55.9%), from €94,738 to €41,810
- Taxes -€8,446
down €8,446 (-42.1%), from €20,071 to €11,625
- Financial income +€3,037
up €3,037 (+6074080.0%), from €0 to €3,037
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.
Cash bridge derived
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 | €410,874 | €451,966 | +€41,092 | +10.0% |
| Fixed assets | 21/28 | €206,394 | €43,476 | -€162,919 | -78.9% |
| Tangible fixed assets | 22/27 | €206,394 | €43,476 | -€162,919 | -78.9% |
| Plant, machinery and equipment | 23 | - | €4,967 | +€4,967 | |
| Furniture and vehicles | 24 | €206,394 | €38,509 | -€167,886 | -81.3% |
| Current assets | 29/58 | €204,479 | €408,490 | +€204,011 | +99.8% |
| Stocks and contracts in progress | 3 | €74,500 | €132,187 | +€57,687 | +77.4% |
| Stocks | 30/36 | €74,500 | €132,187 | +€57,687 | +77.4% |
| Amounts receivable within one year | 40/41 | €60,436 | €233,484 | +€173,049 | +286.3% |
| Trade receivables | 40 | €46,748 | €194,632 | +€147,884 | +316.3% |
| Other amounts receivable | 41 | €13,688 | €38,853 | +€25,165 | +183.9% |
| Cash at bank and in hand | 54/58 | €69,544 | €42,819 | -€26,725 | -38.4% |
| Total equity and liabilities | 10/49 | €410,874 | €451,966 | +€41,092 | +10.0% |
| Equity | 10/15 | €205,956 | €240,831 | +€34,875 | +16.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €195,956 | €230,831 | +€34,875 | +17.8% |
| Distributable reserves | 133 | €195,956 | €230,831 | +€34,875 | +17.8% |
| Amounts payable | 17/49 | €204,918 | €211,135 | +€6,217 | +3.0% |
| Amounts payable after more than one year | 17 | €5,834 | €0 | -€5,834 | -100.0% |
| Financial debts | 170/4 | €5,834 | €0 | -€5,834 | -100.0% |
| Amounts payable within one year | 42/48 | €179,585 | €211,135 | +€31,551 | +17.6% |
| Current portion of amounts payable after more than one year | 42 | €110,500 | €5,834 | -€104,666 | -94.7% |
| Financial debts | 43 | €10,096 | €6,735 | -€3,360 | -33.3% |
| Credit institutions | 430/8 | €10,096 | €6,735 | -€3,360 | -33.3% |
| Trade debts | 44 | €58,918 | €198,567 | +€139,648 | +237.0% |
| Suppliers | 440/4 | €58,918 | €198,567 | +€139,648 | +237.0% |
| Taxes, remuneration and social security | 45 | €71 | €0 | -€71 | -100.0% |
| Taxes | 450/3 | €71 | €0 | -€71 | -100.0% |
| Accrued charges and deferred income | 492/3 | €19,500 | €0 | -€19,500 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €94,738 | €41,810 | -€52,928 | -55.9% |
| Other operating charges | 640/8 | €499 | €513 | +€14 | +2.8% |
| Non-recurring operating charges | 66A | - | €21,110 | +€21,110 | |
| Gross operating margin | 9900 | €178,656 | €108,506 | -€70,149 | -39.3% |
| Operating profit (loss) | 9901 | €83,418 | €45,073 | -€38,346 | -46.0% |
| Financial income | 75/76B | €0 | €3,037 | +€3,037 | +6074080.0% |
| Recurring financial income | 75 | €0 | €3,037 | +€3,037 | +6074080.0% |
| Financial charges | 65/66B | €3,136 | €1,610 | -€1,527 | -48.7% |
| Recurring financial charges | 65 | €3,136 | €1,610 | -€1,527 | -48.7% |
| Profit (loss) for the period before taxes | 9903 | €80,282 | €46,500 | -€33,782 | -42.1% |
| Income taxes | 67/77 | €20,071 | €11,625 | -€8,446 | -42.1% |
| Profit (loss) for the period | 9904 | €60,212 | €34,875 | -€25,337 | -42.1% |
| Profit (loss) for the period to be appropriated | 9905 | €60,212 | €34,875 | -€25,337 | -42.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.