HERVE AUTO: what changed
Two fiscal 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.
HERVE AUTO
Largest movements
- Stocks and contracts +€24,912
new in 2024: €24,912
- Receivables within one year +€17,450
up €17,450 (+938.7%), from €1,859 to €19,309
of which Trade receivables: +€17,450
- Cash +€4,275
up €4,275 (+62.7%), from €6,822 to €11,097
mainly Other debts (+€112,077) and Depreciation (+€1,260)
- Tangible fixed assets -€1,260
down €1,260 (-83.5%), from €1,509 to €249
- Other debts +€112,077
up €112,077 (+371.4%), from €30,173 to €142,250
- Profit (loss) carried forward -€43,147
down €43,147 (-53.1%), from -€81,271 to -€124,418
- Current portion of long-term debt -€9,424
no longer reported in 2024 (was €9,424)
- Debts after one year -€9,121
no longer reported in 2024 (was €9,121)
- Trade debts -€3,677
down €3,677 (-62.2%), from €5,911 to €2,234
- Gross operating margin +€7,627
up €7,627, from -€235 to €7,392
- Staff costs +€3,294
up €3,294 (+7.9%), from €41,703 to €44,997
- Depreciation -€711
down €711 (-36.1%), from €1,971 to €1,260
- Financial charges -€513
down €513 (-25.7%), from €2,000 to €1,487
- Other operating charges +€156
up €156 (+5.9%), from €2,639 to €2,795
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,190 | €55,567 | +€45,377 | +445.3% |
| Fixed assets | 21/28 | €1,509 | €249 | -€1,260 | -83.5% |
| Tangible fixed assets | 22/27 | €1,509 | €249 | -€1,260 | -83.5% |
| Furniture and vehicles | 24 | €1,509 | €249 | -€1,260 | -83.5% |
| Current assets | 29/58 | €8,681 | €55,318 | +€46,637 | +537.2% |
| Stocks and contracts in progress | 3 | - | €24,912 | +€24,912 | |
| Stocks | 30/36 | - | €24,912 | +€24,912 | |
| Amounts receivable within one year | 40/41 | €1,859 | €19,309 | +€17,450 | +938.7% |
| Trade receivables | 40 | - | €17,450 | +€17,450 | |
| Other amounts receivable | 41 | €1,859 | €1,859 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €6,822 | €11,097 | +€4,275 | +62.7% |
| Total equity and liabilities | 10/49 | €10,190 | €55,567 | +€45,377 | +445.3% |
| Equity | 10/15 | -€56,125 | -€99,272 | -€43,147 | -76.9% |
| Contributions | 10/11 | €6,346 | €6,346 | = | 0.0% |
| Reserves | 13 | €18,800 | €18,800 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Distributable reserves | 133 | €16,900 | €16,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€81,271 | -€124,418 | -€43,147 | -53.1% |
| Amounts payable | 17/49 | €66,315 | €154,839 | +€88,524 | +133.5% |
| Amounts payable after more than one year | 17 | €9,121 | - | -€9,121 | |
| Financial debts | 170/4 | €9,121 | - | -€9,121 | |
| Amounts payable within one year | 42/48 | €57,194 | €154,839 | +€97,645 | +170.7% |
| Current portion of amounts payable after more than one year | 42 | €9,424 | - | -€9,424 | |
| Financial debts | 43 | €2,033 | - | -€2,033 | |
| Credit institutions | 430/8 | €2,033 | - | -€2,033 | |
| Trade debts | 44 | €5,911 | €2,234 | -€3,677 | -62.2% |
| Suppliers | 440/4 | €5,911 | €2,234 | -€3,677 | -62.2% |
| Taxes, remuneration and social security | 45 | €9,653 | €10,355 | +€702 | +7.3% |
| Taxes | 450/3 | €4,013 | €2,151 | -€1,862 | -46.4% |
| Remuneration and social security | 454/9 | €5,640 | €8,204 | +€2,564 | +45.5% |
| Other amounts payable | 47/48 | €30,173 | €142,250 | +€112,077 | +371.4% |
| Remuneration, social security and pensions | 62 | €41,703 | €44,997 | +€3,294 | +7.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,971 | €1,260 | -€711 | -36.1% |
| Other operating charges | 640/8 | €2,639 | €2,795 | +€156 | +5.9% |
| Gross operating margin | 9900 | -€235 | €7,392 | +€7,627 | |
| Operating profit (loss) | 9901 | -€46,548 | -€41,660 | +€4,888 | +10.5% |
| Financial charges | 65/66B | €2,000 | €1,487 | -€513 | -25.7% |
| Recurring financial charges | 65 | €2,000 | €1,487 | -€513 | -25.7% |
| Profit (loss) for the period before taxes | 9903 | -€48,548 | -€43,147 | +€5,401 | +11.1% |
| Profit (loss) for the period | 9904 | -€48,548 | -€43,147 | +€5,401 | +11.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€48,548 | -€43,147 | +€5,401 | +11.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.