Herroelen: 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.
Herroelen
Largest movements
- Current investments +€151,246
up €151,246 (+75.2%), from €201,242 to €352,488
- Cash -€15,895
down €15,895 (-15.8%), from €100,638 to €84,743
mainly Current investments (-€151,246) and Contributions, distributions and other (-€117,647)
- Deferred charges and accrued income -€6,234
down €6,234 (-39.6%), from €15,735 to €9,501
- Receivables within one year -€5,435
down €5,435 (-14.5%), from €37,538 to €32,103
of which Other amounts receivable: -€6,086
- Other debts +€87,647
up €87,647 (+292.2%), from €30,000 to €117,647
- Profit (loss) carried forward +€37,927
up €37,927 (+12.1%), from €312,862 to €350,789
- Gross operating margin +€15,467
up €15,467 (+8.2%), from €187,906 to €203,373
- Taxes +€4,107
up €4,107 (+9.6%), from €42,730 to €46,836
- Financial income +€3,385
up €3,385 (+208.3%), from €1,625 to €5,010
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 | €372,109 | €494,918 | +€122,810 | +33.0% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €16,954 | €16,083 | -€871 | -5.1% |
| Tangible fixed assets | 22/27 | €16,954 | €16,083 | -€871 | -5.1% |
| Furniture and vehicles | 24 | €14,176 | €14,071 | -€106 | -0.7% |
| Other tangible fixed assets | 26 | €2,778 | €2,013 | -€766 | -27.6% |
| Current assets | 29/58 | €355,154 | €478,835 | +€123,681 | +34.8% |
| Amounts receivable within one year | 40/41 | €37,538 | €32,103 | -€5,435 | -14.5% |
| Trade receivables | 40 | €26,045 | €26,696 | +€651 | +2.5% |
| Other amounts receivable | 41 | €11,493 | €5,407 | -€6,086 | -53.0% |
| Current investments | 50/53 | €201,242 | €352,488 | +€151,246 | +75.2% |
| Cash at bank and in hand | 54/58 | €100,638 | €84,743 | -€15,895 | -15.8% |
| Deferred charges and accrued income | 490/1 | €15,735 | €9,501 | -€6,234 | -39.6% |
| Total equity and liabilities | 10/49 | €372,109 | €494,918 | +€122,810 | +33.0% |
| Equity | 10/15 | €321,011 | €358,938 | +€37,927 | +11.8% |
| Contributions | 10/11 | €6,289 | €6,289 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €312,862 | €350,789 | +€37,927 | +12.1% |
| Amounts payable | 17/49 | €51,097 | €135,980 | +€84,883 | +166.1% |
| Amounts payable within one year | 42/48 | €51,097 | €135,980 | +€84,883 | +166.1% |
| Trade debts | 44 | €8,488 | €4,195 | -€4,293 | -50.6% |
| Suppliers | 440/4 | €8,488 | €4,195 | -€4,293 | -50.6% |
| Taxes, remuneration and social security | 45 | €12,610 | €14,138 | +€1,528 | +12.1% |
| Taxes | 450/3 | €12,610 | €14,138 | +€1,528 | +12.1% |
| Other amounts payable | 47/48 | €30,000 | €117,647 | +€87,647 | +292.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,697 | €1,672 | -€25 | -1.4% |
| Other operating charges | 640/8 | €868 | €959 | +€91 | +10.4% |
| Gross operating margin | 9900 | €187,906 | €203,373 | +€15,467 | +8.2% |
| Operating profit (loss) | 9901 | €185,341 | €200,742 | +€15,401 | +8.3% |
| Financial income | 75/76B | €1,625 | €5,010 | +€3,385 | +208.3% |
| Recurring financial income | 75 | €1,625 | €5,010 | +€3,385 | +208.3% |
| Financial charges | 65/66B | €2,905 | €3,342 | +€437 | +15.0% |
| Recurring financial charges | 65 | €2,905 | €3,342 | +€437 | +15.0% |
| Profit (loss) for the period before taxes | 9903 | €184,061 | €202,410 | +€18,349 | +10.0% |
| Income taxes | 67/77 | €42,730 | €46,836 | +€4,107 | +9.6% |
| Profit (loss) for the period | 9904 | €141,331 | €155,574 | +€14,243 | +10.1% |
| Profit (loss) for the period to be appropriated | 9905 | €141,331 | €155,574 | +€14,243 | +10.1% |
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 12 October 2026 via checked.be.