HERVE AVOCATS: what changed
What changed
HERVE AVOCATS
NACE 69.101, Activities of lawyers
filed annual accounts (NBB)
Net result for the year
€148,813
2024 · €59,040+€89,774
Equity
€121,333
2024 · €121,320+€13
Cash
€96,196
2024 · €43,206+€52,990
Balance sheet total
€345,187
2024 · €318,400+€26,787
Largest movements
Assets
- Cash +€52,990
up €52,990 (+123%), from €43,206 to €96,196
mainly Net result for the year (+€148,813) and Accrued charges and deferred income (+€44,617)
- Tangible fixed assets -€18,307
down €18,307 (-12.6%), from €145,174 to €126,867
of which Land and buildings: -€14,412
- Receivables within one year -€7,966
down €7,966 (-6.3%), from €126,300 to €118,334
of which Other amounts receivable: -€7,877
Equity and liabilities
- Accrued charges and deferred income +€44,617
up €44,617 (+1,327%), from €3,362 to €47,979
- Other debts -€11,468
down €11,468 (-9.5%), from €120,268 to €108,800
- Debts after one year -€10,064
down €10,064 (-22.4%), from €44,905 to €34,841
Income statement
- Gross operating margin +€114,202
up €114,202 (+94.7%), from €120,606 to €234,808
- Taxes +€28,595
up €28,595 (+175%), from €16,367 to €44,961
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
€59,040
Gross operating margin
+€114,202
Staff costs
+€1,443
Depreciation
+€1,274
Other operating charges
+€521
Financial income
+€106
Financial charges
+€822
Taxes
-€28,595
Result 2025
€148,813
raises the resultlowers the result
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
+€211,961
Investment
€0
Financing
-€158,971
Cash 2024
€43,206
From operations (derived)
+€211,961
Net result for the year
+€148,813
Depreciation
+€18,307
Receivables within one year
+€7,966
Deferred charges and accrued income
-€70
Trade debts
+€1,864
Tax, wage and social debts
+€1,932
Other debts
-€11,468
Accrued charges and deferred income
+€44,617
Financing
-€158,971
Debts after one year
-€10,064
Current portion of long-term debt
-€445
Short-term financial debts
+€337
Contributions, distributions and other
-€148,800
Cash 2025
€96,196
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €318,400 | €345,187 | +€26,787 | +8.4% |
| Fixed assets | 21/28 | €145,174 | €126,867 | -€18,307 | -12.6% |
| Tangible fixed assets | 22/27 | €145,174 | €126,867 | -€18,307 | -12.6% |
| Land and buildings | 22 | €137,604 | €123,192 | -€14,412 | -10.5% |
| Furniture and vehicles | 24 | €4,537 | €1,280 | -€3,257 | -71.8% |
| Other tangible fixed assets | 26 | €3,033 | €2,396 | -€637 | -21.0% |
| Current assets | 29/58 | €173,226 | €218,319 | +€45,094 | +26.0% |
| Amounts receivable within one year | 40/41 | €126,300 | €118,334 | -€7,966 | -6.3% |
| Trade receivables | 40 | €118,084 | €117,995 | -€89 | -0.1% |
| Other amounts receivable | 41 | €8,216 | €339 | -€7,877 | -95.9% |
| Cash at bank and in hand | 54/58 | €43,206 | €96,196 | +€52,990 | +123% |
| Deferred charges and accrued income | 490/1 | €3,720 | €3,789 | +€70 | +1.9% |
| Total equity and liabilities | 10/49 | €318,400 | €345,187 | +€26,787 | +8.4% |
| Equity | 10/15 | €121,320 | €121,333 | +€13 | 0.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €61,855 | €61,855 | = | 0.0% |
| Distributable reserves | 133 | €61,855 | €61,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,915 | €40,928 | +€13 | 0.0% |
| Amounts payable | 17/49 | €197,080 | €223,854 | +€26,774 | +13.6% |
| Amounts payable after more than one year | 17 | €44,905 | €34,841 | -€10,064 | -22.4% |
| Financial debts | 170/4 | €44,905 | €34,841 | -€10,064 | -22.4% |
| Amounts payable within one year | 42/48 | €148,813 | €141,033 | -€7,779 | -5.2% |
| Current portion of amounts payable after more than one year | 42 | €10,508 | €10,064 | -€445 | -4.2% |
| Financial debts | 43 | - | €337 | +€337 | |
| Other loans | 439 | - | €337 | +€337 | |
| Trade debts | 44 | €863 | €2,727 | +€1,864 | +216% |
| Suppliers | 440/4 | €863 | €2,727 | +€1,864 | +216% |
| Taxes, remuneration and social security | 45 | €17,174 | €19,106 | +€1,932 | +11.3% |
| Taxes | 450/3 | €14,205 | €16,587 | +€2,382 | +16.8% |
| Remuneration and social security | 454/9 | €2,969 | €2,519 | -€450 | -15.1% |
| Other amounts payable | 47/48 | €120,268 | €108,800 | -€11,468 | -9.5% |
| Accrued charges and deferred income | 492/3 | €3,362 | €47,979 | +€44,617 | +1,327% |
| Remuneration, social security and pensions | 62 | €19,739 | €18,296 | -€1,443 | -7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,580 | €18,307 | -€1,274 | -6.5% |
| Other operating charges | 640/8 | €4,704 | €4,182 | -€521 | -11.1% |
| Gross operating margin | 9900 | €120,606 | €234,808 | +€114,202 | +94.7% |
| Operating profit (loss) | 9901 | €76,582 | €194,023 | +€117,441 | +153% |
| Financial income | 75/76B | €41 | €146 | +€106 | +258% |
| Recurring financial income | 75 | €41 | €146 | +€106 | +258% |
| Financial charges | 65/66B | €1,217 | €395 | -€822 | -67.5% |
| Recurring financial charges | 65 | €1,217 | €395 | -€822 | -67.5% |
| Profit (loss) for the period before taxes | 9903 | €75,406 | €193,774 | +€118,368 | +157% |
| Income taxes | 67/77 | €16,367 | €44,961 | +€28,595 | +175% |
| Profit (loss) for the period | 9904 | €59,040 | €148,813 | +€89,774 | +152% |
| Profit (loss) for the period to be appropriated | 9905 | €59,040 | €148,813 | +€89,774 | +152% |
Next steps
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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 7 November 2026 via checked.be.