SKB HERMANS: 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.
SKB HERMANS
Largest movements
- Receivables within one year +€8,325
up €8,325 (+21.7%), from €38,363 to €46,688
of which Trade receivables: +€12,830
- Cash -€4,674
down €4,674 (-11.6%), from €40,445 to €35,772
mainly Receivables within one year (-€8,325) and Investment in fixed assets (net) (-€3,746)
- Stocks and contracts +€3,350
new in 2025: €3,350
- Tangible fixed assets +€1,956
up €1,956 (+60.1%), from €3,257 to €5,213
of which Furniture and vehicles: +€2,697
- Tax, wage and social debts +€9,621
up €9,621 (+349%), from €2,757 to €12,378
of which Remuneration and social security: +€11,670
- Trade debts -€2,689
down €2,689 (-9.1%), from €29,703 to €27,014
- Profit (loss) carried forward +€2,045
up €2,045 (+4.4%), from €46,432 to €48,477
- Turnover +€422,524
new in 2025: €422,524
- Purchases and services +€340,575
new in 2025: €340,575
- Staff costs +€77,064
new in 2025: €77,064
- Gross operating margin +€67,870
up €67,870 (+478%), from €14,209 to €82,079
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €82,336 | €91,293 | +€8,957 | +10.9% |
| Fixed assets | 21/28 | €3,257 | €5,213 | +€1,956 | +60.1% |
| Tangible fixed assets | 22/27 | €3,257 | €5,213 | +€1,956 | +60.1% |
| Plant, machinery and equipment | 23 | €3,257 | €2,516 | -€741 | -22.7% |
| Furniture and vehicles | 24 | €0 | €2,697 | +€2,697 | |
| Current assets | 29/58 | €79,079 | €86,080 | +€7,001 | +8.9% |
| Stocks and contracts in progress | 3 | - | €3,350 | +€3,350 | |
| Stocks | 30/36 | - | €3,350 | +€3,350 | |
| Amounts receivable within one year | 40/41 | €38,363 | €46,688 | +€8,325 | +21.7% |
| Trade receivables | 40 | €24,711 | €37,541 | +€12,830 | +51.9% |
| Other amounts receivable | 41 | €13,652 | €9,147 | -€4,505 | -33.0% |
| Cash at bank and in hand | 54/58 | €40,445 | €35,772 | -€4,674 | -11.6% |
| Deferred charges and accrued income | 490/1 | €270 | €270 | = | 0.0% |
| Total equity and liabilities | 10/49 | €82,336 | €91,293 | +€8,957 | +10.9% |
| Equity | 10/15 | €49,432 | €51,477 | +€2,045 | +4.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,432 | €48,477 | +€2,045 | +4.4% |
| Amounts payable | 17/49 | €32,904 | €39,816 | +€6,912 | +21.0% |
| Amounts payable within one year | 42/48 | €32,842 | €39,754 | +€6,912 | +21.0% |
| Trade debts | 44 | €29,703 | €27,014 | -€2,689 | -9.1% |
| Suppliers | 440/4 | €29,703 | €27,014 | -€2,689 | -9.1% |
| Taxes, remuneration and social security | 45 | €2,757 | €12,378 | +€9,621 | +349% |
| Taxes | 450/3 | €2,757 | €707 | -€2,049 | -74.3% |
| Remuneration and social security | 454/9 | - | €11,670 | +€11,670 | |
| Other amounts payable | 47/48 | €382 | €362 | -€20 | -5.2% |
| Accrued charges and deferred income | 492/3 | €62 | €62 | = | 0.0% |
| Turnover | 70 | - | €422,524 | +€422,524 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €340,575 | +€340,575 | |
| Remuneration, social security and pensions | 62 | - | €77,064 | +€77,064 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €224 | €1,790 | +€1,566 | +698% |
| Other operating charges | 640/8 | €567 | €449 | -€118 | -20.8% |
| Gross operating margin | 9900 | €14,209 | €82,079 | +€67,870 | +478% |
| Operating profit (loss) | 9901 | €13,417 | €2,775 | -€10,642 | -79.3% |
| Financial charges | 65/66B | €30 | €23 | -€7 | -24.7% |
| Recurring financial charges | 65 | €30 | €23 | -€7 | -24.7% |
| Profit (loss) for the period before taxes | 9903 | €13,387 | €2,753 | -€10,634 | -79.4% |
| Income taxes | 67/77 | €2,766 | €707 | -€2,059 | -74.4% |
| Profit (loss) for the period | 9904 | €10,621 | €2,045 | -€8,575 | -80.7% |
| Profit (loss) for the period to be appropriated | 9905 | €10,621 | €2,045 | -€8,575 | -80.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.