Herten Bruin: 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.
Herten Bruin
Largest movements
- Current investments +€77,082
up €77,082 (+25.5%), from €302,123 to €379,206
- Cash -€72,767
down €72,767 (-94.9%), from €76,642 to €3,874
mainly Current investments (-€77,082) and Receivables after one year (-€50,000)
- Receivables after one year +€50,000
up €50,000 (+48.5%), from €103,000 to €153,000
- Receivables within one year -€42,325
down €42,325 (-85.7%), from €49,372 to €7,047
- Tangible fixed assets -€6,633
no longer reported in 2025 (was €6,633)
- Reserves +€10,193
up €10,193 (+3.7%), from €274,634 to €284,827
- Current portion of long-term debt -€6,012
no longer reported in 2025 (was €6,012)
- Depreciation -€1,224
down €1,224 (-15.6%), from €7,857 to €6,633
- Gross operating margin -€932
down €932 (-4.4%), from €21,180 to €20,248
- Financial income +€334
up €334 (+74.2%), from €450 to €784
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 | €544,617 | €548,916 | +€4,300 | +0.8% |
| Fixed assets | 21/28 | €6,633 | - | -€6,633 | |
| Tangible fixed assets | 22/27 | €6,633 | - | -€6,633 | |
| Furniture and vehicles | 24 | €6,633 | - | -€6,633 | |
| Current assets | 29/58 | €537,983 | €548,916 | +€10,933 | +2.0% |
| Amounts receivable after more than one year | 29 | €103,000 | €153,000 | +€50,000 | +48.5% |
| Other amounts receivable | 291 | €103,000 | €153,000 | +€50,000 | +48.5% |
| Amounts receivable within one year | 40/41 | €49,372 | €7,047 | -€42,325 | -85.7% |
| Other amounts receivable | 41 | €49,372 | €7,047 | -€42,325 | -85.7% |
| Current investments | 50/53 | €302,123 | €379,206 | +€77,082 | +25.5% |
| Cash at bank and in hand | 54/58 | €76,642 | €3,874 | -€72,767 | -94.9% |
| Deferred charges and accrued income | 490/1 | €6,846 | €5,790 | -€1,057 | -15.4% |
| Total equity and liabilities | 10/49 | €544,617 | €548,916 | +€4,300 | +0.8% |
| Equity | 10/15 | €536,964 | €547,157 | +€10,193 | +1.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €274,634 | €284,827 | +€10,193 | +3.7% |
| Distributable reserves | 133 | €274,634 | €284,827 | +€10,193 | +3.7% |
| Profit (loss) carried forward | 14 | €243,730 | €243,730 | = | 0.0% |
| Amounts payable | 17/49 | €7,652 | €1,759 | -€5,893 | -77.0% |
| Amounts payable within one year | 42/48 | €7,531 | €1,638 | -€5,894 | -78.3% |
| Current portion of amounts payable after more than one year | 42 | €6,012 | - | -€6,012 | |
| Trade debts | 44 | €285 | €348 | +€63 | +22.2% |
| Suppliers | 440/4 | €285 | €348 | +€63 | +22.2% |
| Taxes, remuneration and social security | 45 | €1,235 | €1,290 | +€55 | +4.4% |
| Taxes | 450/3 | €1,235 | €1,290 | +€55 | +4.4% |
| Accrued charges and deferred income | 492/3 | €121 | €121 | +€1 | +0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,857 | €6,633 | -€1,224 | -15.6% |
| Other operating charges | 640/8 | €261 | €363 | +€102 | +39.2% |
| Gross operating margin | 9900 | €21,180 | €20,248 | -€932 | -4.4% |
| Operating profit (loss) | 9901 | €13,063 | €13,252 | +€189 | +1.4% |
| Financial income | 75/76B | €450 | €784 | +€334 | +74.2% |
| Recurring financial income | 75 | €450 | €784 | +€334 | +74.2% |
| Financial charges | 65/66B | €144 | €91 | -€53 | -37.0% |
| Recurring financial charges | 65 | €144 | €91 | -€53 | -37.0% |
| Profit (loss) for the period before taxes | 9903 | €13,369 | €13,945 | +€576 | +4.3% |
| Income taxes | 67/77 | €3,664 | €3,752 | +€88 | +2.4% |
| Profit (loss) for the period | 9904 | €9,705 | €10,193 | +€488 | +5.0% |
| Profit (loss) for the period to be appropriated | 9905 | €9,705 | €10,193 | +€488 | +5.0% |
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 18 October 2026 via checked.be.