HERS: what changed
HERS
Largest movements
- Receivables within one year -€660
no longer reported in 2025 (was €660)
- Cash +€635
up €635 (+2.1%), from €30,419 to €31,053
mainly Tax, wage and social debts (+€3,460) and Trade debts (+€1,931)
- Debts after one year -€6,599
down €6,599 (-37.2%), from €17,744 to €11,145
- Tax, wage and social debts +€3,460
up €3,460 (+40.7%), from €8,504 to €11,964
of which Remuneration and social security: +€3,119
- Trade debts +€1,931
up €1,931 (+55.5%), from €3,478 to €5,409
- Current portion of long-term debt +€922
up €922 (+16.2%), from €5,678 to €6,599
- Profit (loss) carried forward +€563
up €563 (+15.7%), from €3,589 to €4,152
- Turnover +€99,946
new in 2025: €99,946
- Purchases and services +€97,361
new in 2025: €97,361
- Gross operating margin -€10,502
down €10,502 (-44.5%), from €23,574 to €13,072
- Depreciation -€8,337
no longer reported in 2025 (was €8,337)
- Staff costs +€1,791
up €1,791 (+23.8%), from €7,536 to €9,328
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 | €55,335 | €55,570 | +€235 | +0.4% |
| Fixed assets | 21/28 | €23,954 | €23,954 | = | 0.0% |
| Tangible fixed assets | 22/27 | €23,954 | €23,954 | = | 0.0% |
| Furniture and vehicles | 24 | €23,954 | €23,954 | = | 0.0% |
| Current assets | 29/58 | €31,381 | €31,616 | +€235 | +0.7% |
| Stocks and contracts in progress | 3 | €303 | €563 | +€260 | +86.0% |
| Stocks | 30/36 | €303 | €563 | +€260 | +86.0% |
| Amounts receivable within one year | 40/41 | €660 | - | -€660 | |
| Trade receivables | 40 | €660 | - | -€660 | |
| Cash at bank and in hand | 54/58 | €30,419 | €31,053 | +€635 | +2.1% |
| Total equity and liabilities | 10/49 | €55,335 | €55,570 | +€235 | +0.4% |
| Equity | 10/15 | €19,699 | €20,262 | +€563 | +2.9% |
| Contributions | 10/11 | €14,250 | €14,250 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,589 | €4,152 | +€563 | +15.7% |
| Amounts payable | 17/49 | €35,636 | €35,308 | -€328 | -0.9% |
| Amounts payable after more than one year | 17 | €17,744 | €11,145 | -€6,599 | -37.2% |
| Financial debts | 170/4 | €17,744 | €11,145 | -€6,599 | -37.2% |
| Amounts payable within one year | 42/48 | €17,892 | €24,164 | +€6,272 | +35.1% |
| Current portion of amounts payable after more than one year | 42 | €5,678 | €6,599 | +€922 | +16.2% |
| Financial debts | 43 | €3 | €3 | = | 0.0% |
| Credit institutions | 430/8 | €3 | €3 | = | 0.0% |
| Trade debts | 44 | €3,478 | €5,409 | +€1,931 | +55.5% |
| Suppliers | 440/4 | €3,478 | €5,409 | +€1,931 | +55.5% |
| Taxes, remuneration and social security | 45 | €8,504 | €11,964 | +€3,460 | +40.7% |
| Taxes | 450/3 | €6,101 | €6,442 | +€342 | +5.6% |
| Remuneration and social security | 454/9 | €2,403 | €5,522 | +€3,119 | +130% |
| Other amounts payable | 47/48 | €229 | €187 | -€42 | -18.3% |
| Turnover | 70 | - | €99,946 | +€99,946 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €97,361 | +€97,361 | |
| Remuneration, social security and pensions | 62 | €7,536 | €9,328 | +€1,791 | +23.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,337 | - | -€8,337 | |
| Other operating charges | 640/8 | €2,733 | €963 | -€1,771 | -64.8% |
| Gross operating margin | 9900 | €23,574 | €13,072 | -€10,502 | -44.5% |
| Operating profit (loss) | 9901 | €4,967 | €2,782 | -€2,185 | -44.0% |
| Financial income | 75/76B | €21 | €40 | +€18 | +84.5% |
| Recurring financial income | 75 | €21 | €40 | +€18 | +84.5% |
| Financial charges | 65/66B | €2,101 | €1,738 | -€363 | -17.3% |
| Recurring financial charges | 65 | €2,101 | €1,738 | -€363 | -17.3% |
| Profit (loss) for the period before taxes | 9903 | €2,888 | €1,083 | -€1,805 | -62.5% |
| Income taxes | 67/77 | €1,345 | €520 | -€824 | -61.3% |
| Profit (loss) for the period | 9904 | €1,543 | €563 | -€980 | -63.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,543 | €563 | -€980 | -63.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.