HERSTAL DISCOUNT: what changed
What changed
HERSTAL DISCOUNT
NACE 47.110, Non-specialised retail sale with food, beverages or tobacco predominating
filed annual accounts (NBB)
Net result for the year
-€48,357
2024 · -€548,334+€499,977
Equity
-€416,138
2024 · -€367,781-€48,357
Cash
€272,258
2024 · €407,961-€135,703
Balance sheet total
€3.3m
2024 · €3.5m-€174,723
Largest movements
Assets
- Tangible fixed assets -€262,119
down €262,119 (-11.4%), from €2.3m to €2.0m
- Deferred charges and accrued income +€149,450
up €149,450 (+4,204%), from €3,555 to €153,005
- Cash -€135,703
down €135,703 (-33.3%), from €407,961 to €272,258
mainly Debts after one year (-€351,055) and Other debts (-€238,962)
- Receivables within one year +€41,317
up €41,317 (+13.8%), from €298,425 to €339,742
of which Other amounts receivable: +€86,234
Equity and liabilities
- Current portion of long-term debt +€544,513
up €544,513 (+341%), from €159,592 to €704,106
- Debts after one year -€351,055
down €351,055 (-16.9%), from €2.1m to €1.7m
- Other debts -€238,962
down €238,962 (-77.3%), from €309,026 to €70,064
- Trade debts -€128,007
down €128,007 (-10.5%), from €1.2m to €1.1m
- Tax, wage and social debts +€58,828
up €58,828 (+98.9%), from €59,489 to €118,317
of which Remuneration and social security: +€76,793
Income statement
- Gross operating margin +€1.0m
up €1.0m (+641%), from €163,539 to €1.2m
- Staff costs +€315,723
up €315,723 (+68.4%), from €461,675 to €777,398
- Depreciation +€126,411
up €126,411 (+70.3%), from €179,730 to €306,140
- Financial charges +€111,848
up €111,848 (+417%), from €26,823 to €138,672
of which Financial charges: +€91,693
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.
Result 2024
-€548,334
Gross operating margin
+€1.0m
Staff costs
-€315,723
Depreciation
-€126,411
Write-downs
-€2,962
Provisions
-€688
Other operating charges
+€10,245
Other operating items
+€2,592
Financial income
-€2,630
Financial charges
-€111,848
Taxes
-€521
Result 2025
-€48,357
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€268,326
Investment
-€60,835
Financing
+€193,458
Cash 2024
€407,961
From operations (derived)
-€268,326
Net result for the year
-€48,357
Depreciation
+€306,140
Stocks and contracts
-€15,520
Receivables within one year
-€41,317
Deferred charges and accrued income
-€149,450
Trade debts
-€128,007
Tax, wage and social debts
+€58,828
Other debts
-€238,962
Accrued charges and deferred income
-€11,683
Investment (derived)
-€60,835
Investment in fixed assets (net)
-€60,835
Financing
+€193,458
Debts after one year
-€351,055
Current portion of long-term debt
+€544,513
Cash 2025
€272,258
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,472,231 | €3,297,508 | -€174,723 | -5.0% |
| Formation expenses | 20 | €1,030 | €17,843 | +€16,813 | +1,632% |
| Fixed assets | 21/28 | €2,361,206 | €2,099,087 | -€262,119 | -11.1% |
| Tangible fixed assets | 22/27 | €2,304,506 | €2,042,387 | -€262,119 | -11.4% |
| Land and buildings | 22 | €672,201 | €597,157 | -€75,044 | -11.2% |
| Plant, machinery and equipment | 23 | €1,261,473 | €1,152,678 | -€108,794 | -8.6% |
| Furniture and vehicles | 24 | €341,261 | €272,665 | -€68,596 | -20.1% |
| Other tangible fixed assets | 26 | €29,572 | €19,887 | -€9,685 | -32.7% |
| Financial fixed assets | 28 | €56,700 | €56,700 | = | 0.0% |
| Current assets | 29/58 | €1,109,994 | €1,180,577 | +€70,583 | +6.4% |
| Stocks and contracts in progress | 3 | €400,053 | €415,572 | +€15,520 | +3.9% |
| Stocks | 30/36 | €400,053 | €415,572 | +€15,520 | +3.9% |
| Amounts receivable within one year | 40/41 | €298,425 | €339,742 | +€41,317 | +13.8% |
| Trade receivables | 40 | €195,028 | €150,110 | -€44,918 | -23.0% |
| Other amounts receivable | 41 | €103,397 | €189,631 | +€86,234 | +83.4% |
| Cash at bank and in hand | 54/58 | €407,961 | €272,258 | -€135,703 | -33.3% |
| Deferred charges and accrued income | 490/1 | €3,555 | €153,005 | +€149,450 | +4,204% |
| Total equity and liabilities | 10/49 | €3,472,231 | €3,297,508 | -€174,723 | -5.0% |
| Equity | 10/15 | -€367,781 | -€416,138 | -€48,357 | -13.1% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €281,000 | €281,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €271,000 | €271,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€748,781 | -€797,138 | -€48,357 | -6.5% |
| Amounts payable | 17/49 | €3,840,012 | €3,713,646 | -€126,366 | -3.3% |
| Amounts payable after more than one year | 17 | €2,073,936 | €1,722,881 | -€351,055 | -16.9% |
| Financial debts | 170/4 | €2,073,936 | €1,722,881 | -€351,055 | -16.9% |
| Amounts payable within one year | 42/48 | €1,746,476 | €1,982,848 | +€236,372 | +13.5% |
| Current portion of amounts payable after more than one year | 42 | €159,592 | €704,106 | +€544,513 | +341% |
| Trade debts | 44 | €1,218,368 | €1,090,361 | -€128,007 | -10.5% |
| Suppliers | 440/4 | €1,218,368 | €1,090,361 | -€128,007 | -10.5% |
| Taxes, remuneration and social security | 45 | €59,489 | €118,317 | +€58,828 | +98.9% |
| Taxes | 450/3 | €18,541 | €576 | -€17,965 | -96.9% |
| Remuneration and social security | 454/9 | €40,949 | €117,741 | +€76,793 | +188% |
| Other amounts payable | 47/48 | €309,026 | €70,064 | -€238,962 | -77.3% |
| Accrued charges and deferred income | 492/3 | €19,600 | €7,917 | -€11,683 | -59.6% |
| Non-recurring operating income | 76A | €135,254 | €324,907 | +€189,652 | +140% |
| Remuneration, social security and pensions | 62 | €461,675 | €777,398 | +€315,723 | +68.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €179,730 | €306,140 | +€126,411 | +70.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€2,962 | - | +€2,962 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€688 | - | +€688 | |
| Other operating charges | 640/8 | €51,756 | €41,512 | -€10,245 | -19.8% |
| Non-recurring operating charges | 66A | €2,992 | €400 | -€2,592 | -86.6% |
| Gross operating margin | 9900 | €163,539 | €1,211,461 | +€1.0m | +641% |
| Operating profit (loss) | 9901 | -€528,966 | €86,011 | +€614,977 | |
| Financial income | 75/76B | €7,482 | €4,853 | -€2,630 | -35.1% |
| Recurring financial income | 75 | €7,482 | €4,853 | -€2,630 | -35.1% |
| Financial charges | 65/66B | €26,823 | €138,672 | +€111,848 | +417% |
| Recurring financial charges | 65 | €26,209 | €117,901 | +€91,693 | +350% |
| Non-recurring financial charges | 66B | €614 | €20,770 | +€20,156 | +3,280% |
| Profit (loss) for the period before taxes | 9903 | -€548,307 | -€47,808 | +€500,499 | +91.3% |
| Income taxes | 67/77 | €27 | €549 | +€521 | +1,919% |
| Profit (loss) for the period | 9904 | -€548,334 | -€48,357 | +€499,977 | +91.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€548,334 | -€48,357 | +€499,977 | +91.2% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.