J. HEREMANS & C°: 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.
J. HEREMANS & C°
Largest movements
- Cash -€43,948
down €43,948 (-14.3%), from €307,650 to €263,702
mainly Investment in fixed assets (net) (-€12,694) and Net result for the year (-€12,073)
- Receivables within one year +€9,445
up €9,445 (+2424.2%), from €390 to €9,835
of which Other amounts receivable: +€9,835
- Tangible fixed assets +€8,758
up €8,758 (+17.1%), from €51,084 to €59,843
of which Land and buildings: +€9,352
- Profit (loss) carried forward -€12,073
down €12,073 (-8.6%), from -€140,313 to -€152,386
- Tax, wage and social debts -€11,827
no longer reported in 2024 (was €11,827)
- Gross operating margin -€146,379
down €146,379, from €139,895 to -€6,483
- Taxes -€36,827
no longer reported in 2024 (was €36,827)
- Purchases and services +€17,013
new in 2024: €17,013
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 | €360,821 | €335,277 | -€25,545 | -7.1% |
| Fixed assets | 21/28 | €51,084 | €59,843 | +€8,758 | +17.1% |
| Tangible fixed assets | 22/27 | €51,084 | €59,843 | +€8,758 | +17.1% |
| Land and buildings | 22 | €46,940 | €56,292 | +€9,352 | +19.9% |
| Plant, machinery and equipment | 23 | €3,792 | €3,375 | -€417 | -11.0% |
| Furniture and vehicles | 24 | €352 | €176 | -€176 | -50.0% |
| Current assets | 29/58 | €309,737 | €275,434 | -€34,303 | -11.1% |
| Amounts receivable within one year | 40/41 | €390 | €9,835 | +€9,445 | +2424.2% |
| Trade receivables | 40 | €390 | - | -€390 | |
| Other amounts receivable | 41 | - | €9,835 | +€9,835 | |
| Cash at bank and in hand | 54/58 | €307,650 | €263,702 | -€43,948 | -14.3% |
| Deferred charges and accrued income | 490/1 | €1,698 | €1,897 | +€200 | +11.8% |
| Total equity and liabilities | 10/49 | €360,821 | €335,277 | -€25,545 | -7.1% |
| Equity | 10/15 | €344,381 | €332,308 | -€12,073 | -3.5% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €466,144 | €466,144 | = | 0.0% |
| Non-distributable reserves | 130/1 | €13,014 | €13,014 | = | 0.0% |
| Reserves not available under the articles | 1311 | €13,014 | €13,014 | = | 0.0% |
| Distributable reserves | 133 | €453,130 | €453,130 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€140,313 | -€152,386 | -€12,073 | -8.6% |
| Amounts payable | 17/49 | €16,441 | €2,969 | -€13,472 | -81.9% |
| Amounts payable within one year | 42/48 | €16,441 | €2,969 | -€13,472 | -81.9% |
| Trade debts | 44 | €3,620 | €2,969 | -€652 | -18.0% |
| Suppliers | 440/4 | €3,620 | €2,969 | -€652 | -18.0% |
| Taxes, remuneration and social security | 45 | €11,827 | - | -€11,827 | |
| Taxes | 450/3 | €11,827 | - | -€11,827 | |
| Other amounts payable | 47/48 | €993 | - | -€993 | |
| Non-recurring operating income | 76A | €156,283 | - | -€156,283 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €17,013 | +€17,013 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,017 | €3,935 | -€1,082 | -21.6% |
| Other operating charges | 640/8 | €2,292 | €1,971 | -€320 | -14.0% |
| Gross operating margin | 9900 | €139,895 | -€6,483 | -€146,379 | |
| Operating profit (loss) | 9901 | €132,587 | -€12,390 | -€144,976 | |
| Financial income | 75/76B | €750 | €362 | -€388 | -51.8% |
| Recurring financial income | 75 | €750 | €298 | -€452 | -60.2% |
| Non-recurring financial income | 76B | - | €64 | +€64 | |
| Financial charges | 65/66B | €86 | €45 | -€41 | -47.8% |
| Recurring financial charges | 65 | €86 | €45 | -€41 | -47.8% |
| Profit (loss) for the period before taxes | 9903 | €133,250 | -€12,073 | -€145,323 | |
| Transfer from deferred taxes | 780 | €19,177 | - | -€19,177 | |
| Income taxes | 67/77 | €36,827 | - | -€36,827 | |
| Profit (loss) for the period | 9904 | €115,600 | -€12,073 | -€127,673 | |
| Transfer from tax-exempt reserves | 789 | €57,530 | - | -€57,530 | |
| Profit (loss) for the period to be appropriated | 9905 | €173,130 | -€12,073 | -€185,202 |
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 8 October 2026 via checked.be.