L'Herbaudière: what changed
L'Herbaudière
Largest movements
- Tangible fixed assets -€36,881
down €36,881 (-85.9%), from €42,927 to €6,046
of which Furniture and vehicles: -€35,181
- Receivables within one year +€24,845
up €24,845 (+29.3%), from €84,749 to €109,594
of which Other amounts receivable: +€31,679
- Cash +€5,880
up €5,880 (+26.7%), from €21,992 to €27,872
mainly Other debts (+€50,000) and Investment in fixed assets (net) (+€32,992)
- Stocks and contracts +€3,100
up €3,100 (+65.3%), from €4,750 to €7,850
- Other debts +€50,000
new in 2025: €50,000
- Profit (loss) carried forward -€35,103
down €35,103 (-80.9%), from €43,409 to €8,306
- Debts after one year -€24,350
down €24,350 (-91.7%), from €26,542 to €2,193
- Tax, wage and social debts +€19,113
up €19,113 (+58.7%), from €32,541 to €51,653
of which Taxes: +€14,959
- Current portion of long-term debt -€9,597
down €9,597 (-84.4%), from €11,374 to €1,777
- Staff costs +€63,284
up €63,284 (+37.1%), from €170,456 to €233,740
- Gross operating margin +€36,518
up €36,518 (+14.7%), from €248,853 to €285,371
- Other operating charges +€16,307
up €16,307 (+299%), from €5,447 to €21,754
- Taxes -€10,703
down €10,703 (-55.4%), from €19,329 to €8,626
- Depreciation -€8,751
down €8,751 (-69.2%), from €12,640 to €3,889
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 | €156,290 | €153,239 | -€3,050 | -2.0% |
| Fixed assets | 21/28 | €44,639 | €7,758 | -€36,881 | -82.6% |
| Tangible fixed assets | 22/27 | €42,927 | €6,046 | -€36,881 | -85.9% |
| Furniture and vehicles | 24 | €37,569 | €2,388 | -€35,181 | -93.6% |
| Leasing and similar rights | 25 | €5,358 | €3,658 | -€1,700 | -31.7% |
| Financial fixed assets | 28 | €1,712 | €1,712 | = | 0.0% |
| Current assets | 29/58 | €111,651 | €145,481 | +€33,831 | +30.3% |
| Stocks and contracts in progress | 3 | €4,750 | €7,850 | +€3,100 | +65.3% |
| Stocks | 30/36 | €4,750 | €7,850 | +€3,100 | +65.3% |
| Amounts receivable within one year | 40/41 | €84,749 | €109,594 | +€24,845 | +29.3% |
| Trade receivables | 40 | €6,864 | €30 | -€6,834 | -99.6% |
| Other amounts receivable | 41 | €77,884 | €109,564 | +€31,679 | +40.7% |
| Cash at bank and in hand | 54/58 | €21,992 | €27,872 | +€5,880 | +26.7% |
| Deferred charges and accrued income | 490/1 | €160 | €166 | +€6 | +3.5% |
| Total equity and liabilities | 10/49 | €156,290 | €153,239 | -€3,050 | -2.0% |
| Equity | 10/15 | €62,001 | €26,898 | -€35,103 | -56.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | €43,409 | €8,306 | -€35,103 | -80.9% |
| Amounts payable | 17/49 | €94,289 | €126,342 | +€32,053 | +34.0% |
| Amounts payable after more than one year | 17 | €26,542 | €2,193 | -€24,350 | -91.7% |
| Financial debts | 170/4 | €26,542 | €2,193 | -€24,350 | -91.7% |
| Amounts payable within one year | 42/48 | €67,746 | €124,149 | +€56,402 | +83.3% |
| Current portion of amounts payable after more than one year | 42 | €11,374 | €1,777 | -€9,597 | -84.4% |
| Trade debts | 44 | €23,831 | €20,718 | -€3,113 | -13.1% |
| Suppliers | 440/4 | €23,831 | €20,718 | -€3,113 | -13.1% |
| Taxes, remuneration and social security | 45 | €32,541 | €51,653 | +€19,113 | +58.7% |
| Taxes | 450/3 | €23,190 | €38,148 | +€14,959 | +64.5% |
| Remuneration and social security | 454/9 | €9,351 | €13,505 | +€4,154 | +44.4% |
| Other amounts payable | 47/48 | - | €50,000 | +€50,000 | |
| Remuneration, social security and pensions | 62 | €170,456 | €233,740 | +€63,284 | +37.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,640 | €3,889 | -€8,751 | -69.2% |
| Other operating charges | 640/8 | €5,447 | €21,754 | +€16,307 | +299% |
| Gross operating margin | 9900 | €248,853 | €285,371 | +€36,518 | +14.7% |
| Operating profit (loss) | 9901 | €60,310 | €25,988 | -€34,322 | -56.9% |
| Financial income | 75/76B | €3,039 | €5,082 | +€2,042 | +67.2% |
| Recurring financial income | 75 | €3,039 | €5,082 | +€2,042 | +67.2% |
| Financial charges | 65/66B | €5,345 | €7,547 | +€2,202 | +41.2% |
| Recurring financial charges | 65 | €5,345 | €7,547 | +€2,202 | +41.2% |
| Profit (loss) for the period before taxes | 9903 | €58,004 | €23,522 | -€34,482 | -59.4% |
| Income taxes | 67/77 | €19,329 | €8,626 | -€10,703 | -55.4% |
| Profit (loss) for the period | 9904 | €38,676 | €14,897 | -€23,779 | -61.5% |
| Profit (loss) for the period to be appropriated | 9905 | €38,676 | €14,897 | -€23,779 | -61.5% |
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 5 November 2026 via checked.be.