L'Hermitage: what changed
Two financial 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.
What changed
L'Hermitage
NACE 56.301, Cafés and bars
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€31,286
2024 · -€41,800+€73,086
Equity
€580,343
2024 · €549,057+€31,286
Cash
€126,704
2024 · €58,573+€68,132
Balance sheet total
€2.1m
2024 · €2.0m+€101,476
Largest movements
Assets
- Cash +€68,132
up €68,132 (+116%), from €58,573 to €126,704
mainly Other debts (+€236,606) and Depreciation (+€117,199)
- Receivables within one year +€27,280
up €27,280 (+71.1%), from €38,347 to €65,627
of which Trade receivables: +€20,764
Equity and liabilities
- Debts after one year -€242,026
down €242,026 (-22.6%), from €1.1m to €830,730
of which Financial debts: -€313,596
- Other debts +€236,606
up €236,606 (+159%), from €149,088 to €385,694
- Profit (loss) carried forward +€29,721
up €29,721 (+27.7%), from €107,471 to €137,193
- Trade debts +€25,907
up €25,907 (+31.9%), from €81,209 to €107,116
Income statement
- Gross operating margin +€116,795
up €116,795 (+23.8%), from €490,790 to €607,585
- Staff costs +€30,975
up €30,975 (+8.1%), from €380,486 to €411,461
- Financial charges +€24,262
up €24,262 (+107%), from €22,749 to €47,011
- Depreciation -€12,812
down €12,812 (-9.9%), from €130,011 to €117,199
From the 2024 result to the 2025 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.
Result 2024
-€41,800
Gross operating margin
+€116,795
Staff costs
-€30,975
Depreciation
+€12,812
Other operating charges
+€414
Financial income
-€1,482
Financial charges
-€24,262
Taxes
-€216
Result 2025
€31,286
raises the resultlowers the result
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€427,241
Investment
-€118,413
Financing
-€240,696
Cash 2024
€58,573
From operations (derived)
+€427,241
Net result for the year
+€31,286
Depreciation
+€117,199
Stocks and contracts
-€1,441
Receivables within one year
-€27,280
Deferred charges and accrued income
-€3,408
Trade debts
+€25,907
Tax, wage and social debts
+€16,948
Advances received
+€18,345
Other debts
+€236,606
Accrued charges and deferred income
+€13,080
Investment (derived)
-€118,413
Investment in fixed assets (net)
-€118,413
Financing
-€240,696
Debts after one year
-€242,026
Current portion of long-term debt
+€1,330
Cash 2025
€126,704
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,975,785 | €2,077,261 | +€101,476 | +5.1% |
| Fixed assets | 21/28 | €1,870,627 | €1,871,841 | +€1,214 | +0.1% |
| Tangible fixed assets | 22/27 | €808,016 | €809,230 | +€1,214 | +0.2% |
| Land and buildings | 22 | €503,897 | €545,407 | +€41,510 | +8.2% |
| Plant, machinery and equipment | 23 | €260,990 | €230,515 | -€30,475 | -11.7% |
| Furniture and vehicles | 24 | €28,355 | €19,054 | -€9,301 | -32.8% |
| Other tangible fixed assets | 26 | €14,774 | €14,254 | -€519 | -3.5% |
| Financial fixed assets | 28 | €1,062,611 | €1,062,611 | = | 0.0% |
| Current assets | 29/58 | €105,158 | €205,420 | +€100,262 | +95.3% |
| Stocks and contracts in progress | 3 | €3,261 | €4,702 | +€1,441 | +44.2% |
| Stocks | 30/36 | €3,261 | €4,702 | +€1,441 | +44.2% |
| Amounts receivable within one year | 40/41 | €38,347 | €65,627 | +€27,280 | +71.1% |
| Trade receivables | 40 | €17,192 | €37,956 | +€20,764 | +121% |
| Other amounts receivable | 41 | €21,155 | €27,671 | +€6,516 | +30.8% |
| Cash at bank and in hand | 54/58 | €58,573 | €126,704 | +€68,132 | +116% |
| Deferred charges and accrued income | 490/1 | €4,978 | €8,386 | +€3,408 | +68.5% |
| Total equity and liabilities | 10/49 | €1,975,785 | €2,077,261 | +€101,476 | +5.1% |
| Equity | 10/15 | €549,057 | €580,343 | +€31,286 | +5.7% |
| Contributions | 10/11 | €324,000 | €324,000 | = | 0.0% |
| Capital | 10 | €324,000 | €324,000 | = | 0.0% |
| Issued capital | 100 | €324,000 | €324,000 | = | 0.0% |
| Reserves | 13 | €117,586 | €119,150 | +€1,564 | +1.3% |
| Non-distributable reserves | 130/1 | €9,900 | €11,464 | +€1,564 | +15.8% |
| Legal reserve | 130 | €9,900 | €11,464 | +€1,564 | +15.8% |
| Tax-exempt reserves | 132 | €95,184 | €95,184 | = | 0.0% |
| Distributable reserves | 133 | €12,502 | €12,502 | = | 0.0% |
| Profit (loss) carried forward | 14 | €107,471 | €137,193 | +€29,721 | +27.7% |
| Amounts payable | 17/49 | €1,426,728 | €1,496,918 | +€70,190 | +4.9% |
| Amounts payable after more than one year | 17 | €1,072,755 | €830,730 | -€242,026 | -22.6% |
| Financial debts | 170/4 | €1,072,755 | €759,159 | -€313,596 | -29.2% |
| Other amounts payable | 178/9 | - | €71,571 | +€71,571 | |
| Amounts payable within one year | 42/48 | €353,973 | €653,108 | +€299,136 | +84.5% |
| Current portion of amounts payable after more than one year | 42 | €91,500 | €92,830 | +€1,330 | +1.5% |
| Trade debts | 44 | €81,209 | €107,116 | +€25,907 | +31.9% |
| Suppliers | 440/4 | €81,209 | €107,116 | +€25,907 | +31.9% |
| Advances received on contracts in progress | 46 | €1,000 | €19,345 | +€18,345 | +1,835% |
| Taxes, remuneration and social security | 45 | €31,175 | €48,123 | +€16,948 | +54.4% |
| Taxes | 450/3 | €5,151 | €6,620 | +€1,469 | +28.5% |
| Remuneration and social security | 454/9 | €26,025 | €41,503 | +€15,478 | +59.5% |
| Other amounts payable | 47/48 | €149,088 | €385,694 | +€236,606 | +159% |
| Accrued charges and deferred income | 492/3 | - | €13,080 | +€13,080 | |
| Non-recurring operating income | 76A | - | €5,510 | +€5,510 | |
| Remuneration, social security and pensions | 62 | €380,486 | €411,461 | +€30,975 | +8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €130,011 | €117,199 | -€12,812 | -9.9% |
| Other operating charges | 640/8 | €1,816 | €1,402 | -€414 | -22.8% |
| Gross operating margin | 9900 | €490,790 | €607,585 | +€116,795 | +23.8% |
| Operating profit (loss) | 9901 | -€21,523 | €77,522 | +€99,045 | |
| Financial income | 75/76B | €2,711 | €1,229 | -€1,482 | -54.7% |
| Recurring financial income | 75 | €2,711 | €1,229 | -€1,482 | -54.7% |
| Financial charges | 65/66B | €22,749 | €47,011 | +€24,262 | +107% |
| Recurring financial charges | 65 | €22,749 | €47,011 | +€24,262 | +107% |
| Profit (loss) for the period before taxes | 9903 | -€41,561 | €31,741 | +€73,302 | |
| Income taxes | 67/77 | €240 | €455 | +€216 | +90.0% |
| Profit (loss) for the period | 9904 | -€41,800 | €31,286 | +€73,086 | |
| Profit (loss) for the period to be appropriated | 9905 | -€41,800 | €31,286 | +€73,086 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.