HERYGERS PAUL: what changed
HERYGERS PAUL
Largest movements
- Cash +€13,475
up €13,475 (+23.5%), from €57,274 to €70,749
mainly Net result for the year (+€16,534) and Depreciation (+€8,881)
- Tangible fixed assets -€8,881
down €8,881 (-37.4%), from €23,755 to €14,875
of which Furniture and vehicles: -€5,963
- Receivables within one year +€5,307
up €5,307 (+46.9%), from €11,313 to €16,620
of which Other amounts receivable: +€4,632
- Deferred charges and accrued income -€2,093
no longer reported in 2025 (was €2,093)
- Reserves +€16,534
up €16,534 (+23.0%), from €71,771 to €88,305
- Tax, wage and social debts -€4,694
no longer reported in 2025 (was €4,694)
- Debts after one year -€4,189
down €4,189 (-56.3%), from €7,438 to €3,249
- Gross operating margin -€891
down €891 (-2.6%), from €34,201 to €33,310
- Taxes -€587
down €587 (-7.7%), from €7,602 to €7,016
- Financial charges -€385
down €385 (-33.6%), from €1,144 to €760
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 | €94,436 | €102,243 | +€7,807 | +8.3% |
| Fixed assets | 21/28 | €23,755 | €14,875 | -€8,881 | -37.4% |
| Tangible fixed assets | 22/27 | €23,755 | €14,875 | -€8,881 | -37.4% |
| Plant, machinery and equipment | 23 | €8,364 | €5,447 | -€2,918 | -34.9% |
| Furniture and vehicles | 24 | €15,391 | €9,428 | -€5,963 | -38.7% |
| Current assets | 29/58 | €70,681 | €87,368 | +€16,688 | +23.6% |
| Amounts receivable within one year | 40/41 | €11,313 | €16,620 | +€5,307 | +46.9% |
| Trade receivables | 40 | €6,044 | €6,718 | +€674 | +11.2% |
| Other amounts receivable | 41 | €5,269 | €9,902 | +€4,632 | +87.9% |
| Cash at bank and in hand | 54/58 | €57,274 | €70,749 | +€13,475 | +23.5% |
| Deferred charges and accrued income | 490/1 | €2,093 | - | -€2,093 | |
| Total equity and liabilities | 10/49 | €94,436 | €102,243 | +€7,807 | +8.3% |
| Equity | 10/15 | €73,271 | €89,805 | +€16,534 | +22.6% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €71,771 | €88,305 | +€16,534 | +23.0% |
| Distributable reserves | 133 | €71,771 | €88,305 | +€16,534 | +23.0% |
| Amounts payable | 17/49 | €21,165 | €12,438 | -€8,727 | -41.2% |
| Amounts payable after more than one year | 17 | €7,438 | €3,249 | -€4,189 | -56.3% |
| Financial debts | 170/4 | €7,438 | €3,249 | -€4,189 | -56.3% |
| Amounts payable within one year | 42/48 | €13,727 | €9,189 | -€4,537 | -33.1% |
| Current portion of amounts payable after more than one year | 42 | €9,032 | €9,189 | +€157 | +1.7% |
| Taxes, remuneration and social security | 45 | €4,694 | - | -€4,694 | |
| Taxes | 450/3 | €4,694 | - | -€4,694 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,881 | €8,881 | = | 0.0% |
| Other operating charges | 640/8 | - | €120 | +€120 | |
| Gross operating margin | 9900 | €34,201 | €33,310 | -€891 | -2.6% |
| Operating profit (loss) | 9901 | €25,320 | €24,309 | -€1,011 | -4.0% |
| Financial charges | 65/66B | €1,144 | €760 | -€385 | -33.6% |
| Recurring financial charges | 65 | €1,144 | €760 | -€385 | -33.6% |
| Profit (loss) for the period before taxes | 9903 | €24,176 | €23,550 | -€626 | -2.6% |
| Income taxes | 67/77 | €7,602 | €7,016 | -€587 | -7.7% |
| Profit (loss) for the period | 9904 | €16,574 | €16,534 | -€40 | -0.2% |
| Profit (loss) for the period to be appropriated | 9905 | €16,574 | €16,534 | -€40 | -0.2% |
Next steps
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 2 November 2026 via checked.be.