HERRING HILL PRODUCTION: 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.
HERRING HILL PRODUCTION
Largest movements
- Cash +€11,068
up €11,068 (+854%), from €1,296 to €12,364
mainly Net result for the year (+€6,396) and Other debts (+€4,185)
- Tangible fixed assets -€2,735
down €2,735 (-79.0%), from €3,462 to €727
- Deferred charges and accrued income -€692
down €692 (-47.9%), from €1,445 to €753
- Receivables within one year +€288
new in 2025: €288
- Profit (loss) carried forward +€6,396
up €6,396 (+12.9%), from -€49,400 to -€43,004
- Other debts +€4,185
up €4,185 (+47.4%), from €8,826 to €13,011
- Tax, wage and social debts -€3,171
no longer reported in 2025 (was €3,171)
- Trade debts +€785
up €785 (+9.8%), from €7,980 to €8,765
- Short-term financial debts -€266
no longer reported in 2025 (was €266)
- Gross operating margin +€3,705
up €3,705 (+46.1%), from €8,036 to €11,741
- Other operating charges +€1,249
new in 2025: €1,249
- Depreciation -€644
down €644 (-15.2%), from €4,247 to €3,603
- Financial income -€127
down €127 (-66.1%), from €192 to €65
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 | €6,203 | €14,132 | +€7,929 | +128% |
| Fixed assets | 21/28 | €3,462 | €727 | -€2,735 | -79.0% |
| Tangible fixed assets | 22/27 | €3,462 | €727 | -€2,735 | -79.0% |
| Furniture and vehicles | 24 | €3,462 | €727 | -€2,735 | -79.0% |
| Current assets | 29/58 | €2,741 | €13,405 | +€10,664 | +389% |
| Amounts receivable within one year | 40/41 | - | €288 | +€288 | |
| Other amounts receivable | 41 | - | €288 | +€288 | |
| Cash at bank and in hand | 54/58 | €1,296 | €12,364 | +€11,068 | +854% |
| Deferred charges and accrued income | 490/1 | €1,445 | €753 | -€692 | -47.9% |
| Total equity and liabilities | 10/49 | €6,203 | €14,132 | +€7,929 | +128% |
| Equity | 10/15 | -€14,040 | -€7,644 | +€6,396 | +45.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €22,960 | €22,960 | = | 0.0% |
| Distributable reserves | 133 | €22,960 | €22,960 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€49,400 | -€43,004 | +€6,396 | +12.9% |
| Amounts payable | 17/49 | €20,243 | €21,776 | +€1,533 | +7.6% |
| Amounts payable within one year | 42/48 | €20,243 | €21,776 | +€1,533 | +7.6% |
| Financial debts | 43 | €266 | - | -€266 | |
| Credit institutions | 430/8 | €266 | - | -€266 | |
| Trade debts | 44 | €7,980 | €8,765 | +€785 | +9.8% |
| Suppliers | 440/4 | €7,980 | €8,765 | +€785 | +9.8% |
| Taxes, remuneration and social security | 45 | €3,171 | - | -€3,171 | |
| Taxes | 450/3 | €3,171 | - | -€3,171 | |
| Other amounts payable | 47/48 | €8,826 | €13,011 | +€4,185 | +47.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,247 | €3,603 | -€644 | -15.2% |
| Other operating charges | 640/8 | - | €1,249 | +€1,249 | |
| Gross operating margin | 9900 | €8,036 | €11,741 | +€3,705 | +46.1% |
| Operating profit (loss) | 9901 | €3,789 | €6,889 | +€3,100 | +81.8% |
| Financial income | 75/76B | €192 | €65 | -€127 | -66.1% |
| Recurring financial income | 75 | €192 | €65 | -€127 | -66.1% |
| Financial charges | 65/66B | €339 | €454 | +€115 | +33.9% |
| Recurring financial charges | 65 | €339 | €454 | +€115 | +33.9% |
| Profit (loss) for the period before taxes | 9903 | €3,642 | €6,500 | +€2,858 | +78.5% |
| Income taxes | 67/77 | €167 | €104 | -€63 | -37.7% |
| Profit (loss) for the period | 9904 | €3,475 | €6,396 | +€2,921 | +84.1% |
| Profit (loss) for the period to be appropriated | 9905 | €3,475 | €6,396 | +€2,921 | +84.1% |
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 29 October 2026 via checked.be.