HERRIJGERS: what changed
HERRIJGERS
Largest movements
- Tangible fixed assets -€27,645
down €27,645 (-12.3%), from €224,855 to €197,210
of which Furniture and vehicles: -€19,450
- Receivables within one year +€26,539
up €26,539 (+133%), from €19,914 to €46,453
of which Trade receivables: +€25,445
- Cash +€21,465
up €21,465 (+31.1%), from €68,984 to €90,449
mainly Net result for the year (+€32,292) and Depreciation (+€27,645)
- Reserves +€32,292
up €32,292 (+26.1%), from €123,625 to €155,917
- Debts after one year -€21,539
no longer reported in 2025 (was €21,539)
- Tax, wage and social debts +€17,517
up €17,517 (+690%), from €2,540 to €20,057
- Other debts -€12,550
down €12,550 (-10.5%), from €119,513 to €106,963
- Current portion of long-term debt +€6,700
up €6,700 (+45.2%), from €14,838 to €21,538
- Gross operating margin +€46,622
up €46,622 (+99.6%), from €46,831 to €93,453
- Taxes +€15,581
up €15,581 (+283%), from €5,500 to €21,081
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €317,469 | €338,463 | +€20,994 | +6.6% |
| Fixed assets | 21/28 | €224,855 | €197,210 | -€27,645 | -12.3% |
| Tangible fixed assets | 22/27 | €224,855 | €197,210 | -€27,645 | -12.3% |
| Land and buildings | 22 | €152,046 | €145,143 | -€6,903 | -4.5% |
| Plant, machinery and equipment | 23 | €3,750 | €2,458 | -€1,292 | -34.5% |
| Furniture and vehicles | 24 | €69,059 | €49,609 | -€19,450 | -28.2% |
| Current assets | 29/58 | €92,614 | €141,253 | +€48,639 | +52.5% |
| Stocks and contracts in progress | 3 | €2,150 | €3,073 | +€923 | +42.9% |
| Stocks | 30/36 | €2,150 | €3,073 | +€923 | +42.9% |
| Amounts receivable within one year | 40/41 | €19,914 | €46,453 | +€26,539 | +133% |
| Trade receivables | 40 | €19,036 | €44,481 | +€25,445 | +134% |
| Other amounts receivable | 41 | €878 | €1,972 | +€1,094 | +125% |
| Cash at bank and in hand | 54/58 | €68,984 | €90,449 | +€21,465 | +31.1% |
| Deferred charges and accrued income | 490/1 | €1,566 | €1,278 | -€288 | -18.4% |
| Total equity and liabilities | 10/49 | €317,469 | €338,463 | +€20,994 | +6.6% |
| Equity | 10/15 | €143,625 | €175,917 | +€32,292 | +22.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €123,625 | €155,917 | +€32,292 | +26.1% |
| Distributable reserves | 133 | €123,625 | €155,917 | +€32,292 | +26.1% |
| Amounts payable | 17/49 | €173,844 | €162,546 | -€11,298 | -6.5% |
| Amounts payable after more than one year | 17 | €21,539 | - | -€21,539 | |
| Financial debts | 170/4 | €21,539 | - | -€21,539 | |
| Amounts payable within one year | 42/48 | €152,305 | €162,546 | +€10,241 | +6.7% |
| Current portion of amounts payable after more than one year | 42 | €14,838 | €21,538 | +€6,700 | +45.2% |
| Financial debts | 43 | €4,583 | €4,583 | = | 0.0% |
| Credit institutions | 430/8 | €4,583 | €4,583 | = | 0.0% |
| Trade debts | 44 | €10,831 | €9,405 | -€1,426 | -13.2% |
| Suppliers | 440/4 | €10,831 | €9,405 | -€1,426 | -13.2% |
| Taxes, remuneration and social security | 45 | €2,540 | €20,057 | +€17,517 | +690% |
| Taxes | 450/3 | €2,540 | €20,057 | +€17,517 | +690% |
| Other amounts payable | 47/48 | €119,513 | €106,963 | -€12,550 | -10.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,119 | €27,645 | +€526 | +1.9% |
| Other operating charges | 640/8 | €3,896 | €3,052 | -€844 | -21.7% |
| Gross operating margin | 9900 | €46,831 | €93,453 | +€46,622 | +99.6% |
| Operating profit (loss) | 9901 | €15,816 | €62,756 | +€46,940 | +297% |
| Financial income | 75/76B | €257 | €1 | -€256 | -99.6% |
| Recurring financial income | 75 | €257 | €1 | -€256 | -99.6% |
| Financial charges | 65/66B | €9,547 | €9,384 | -€163 | -1.7% |
| Recurring financial charges | 65 | €9,547 | €9,384 | -€163 | -1.7% |
| Profit (loss) for the period before taxes | 9903 | €6,526 | €53,373 | +€46,847 | +718% |
| Income taxes | 67/77 | €5,500 | €21,081 | +€15,581 | +283% |
| Profit (loss) for the period | 9904 | €1,026 | €32,292 | +€31,266 | +3,047% |
| Profit (loss) for the period to be appropriated | 9905 | €1,026 | €32,292 | +€31,266 | +3,047% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.