HERBOTS: what changed
What changed
HERBOTS
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€1,226
2023 · -€2,283+€3,509
Equity
€1.4m
2023 · €1.4m+€1,226
Cash
€3,192
2023 · €2,429+€764
Balance sheet total
€2.5m
2023 · €2.7m-€246,427
Largest movements
Assets
- Receivables after one year -€150,000
down €150,000 (-40.5%), from €370,000 to €220,000
- Receivables within one year -€69,529
down €69,529 (-78.8%), from €88,238 to €18,710
of which Other amounts receivable: -€64,988
- Tangible fixed assets -€28,088
down €28,088 (-1.6%), from €1.8m to €1.8m
of which Land and buildings: -€32,546
Equity and liabilities
- Short-term financial debts -€280,000
down €280,000 (-48.3%), from €580,000 to €300,000
- Current portion of long-term debt +€49,525
up €49,525 (+67.9%), from €72,985 to €122,510
- Trade debts -€43,574
down €43,574 (-60.9%), from €71,602 to €28,028
Income statement
- Gross operating margin -€11,093
down €11,093 (-6.0%), from €184,236 to €173,143
- Financial income +€10,841
up €10,841 (+53.0%), from €20,466 to €31,307
- Staff costs -€7,117
down €7,117 (-26.6%), from €26,788 to €19,671
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
-€2,283
Gross operating margin
-€11,093
Staff costs
+€7,117
Depreciation
-€1,186
Other operating charges
+€247
Financial income
+€10,841
Financial charges
-€1,435
Taxes
-€982
Result 2024
€1,226
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€214,303
Investment
-€4,545
Financing
-€208,994
Cash 2023
€2,429
From operations (derived)
+€214,303
Net result for the year
+€1,226
Depreciation
+€32,633
Receivables after one year
+€150,000
Receivables within one year
+€69,529
Smaller working-capital items
-€155
Trade debts
-€43,574
Other debts
+€4,645
Investment (derived)
-€4,545
Investment in fixed assets (net)
-€4,545
Financing
-€208,994
Debts after one year
+€21,481
Current portion of long-term debt
+€49,525
Short-term financial debts
-€280,000
Cash 2024
€3,192
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,715,467 | €2,469,041 | -€246,427 | -9.1% |
| Fixed assets | 21/28 | €2,253,204 | €2,225,116 | -€28,088 | -1.2% |
| Tangible fixed assets | 22/27 | €1,803,204 | €1,775,116 | -€28,088 | -1.6% |
| Land and buildings | 22 | €1,803,204 | €1,770,658 | -€32,546 | -1.8% |
| Plant, machinery and equipment | 23 | - | €4,459 | +€4,459 | |
| Financial fixed assets | 28 | €450,000 | €450,000 | = | 0.0% |
| Current assets | 29/58 | €462,264 | €243,925 | -€218,339 | -47.2% |
| Amounts receivable after more than one year | 29 | €370,000 | €220,000 | -€150,000 | -40.5% |
| Other amounts receivable | 291 | €370,000 | €220,000 | -€150,000 | -40.5% |
| Amounts receivable within one year | 40/41 | €88,238 | €18,710 | -€69,529 | -78.8% |
| Trade receivables | 40 | €6,861 | €2,320 | -€4,541 | -66.2% |
| Other amounts receivable | 41 | €81,377 | €16,389 | -€64,988 | -79.9% |
| Cash at bank and in hand | 54/58 | €2,429 | €3,192 | +€764 | +31.4% |
| Deferred charges and accrued income | 490/1 | €1,597 | €2,023 | +€426 | +26.7% |
| Total equity and liabilities | 10/49 | €2,715,467 | €2,469,041 | -€246,427 | -9.1% |
| Equity | 10/15 | €1,411,793 | €1,413,019 | +€1,226 | +0.1% |
| Contributions | 10/11 | €168,592 | €168,592 | = | 0.0% |
| Capital | 10 | €168,592 | €168,592 | = | 0.0% |
| Issued capital | 100 | €168,592 | €168,592 | = | 0.0% |
| Revaluation surpluses | 12 | €1,045,726 | €1,045,726 | = | 0.0% |
| Reserves | 13 | €225,337 | €225,337 | = | 0.0% |
| Non-distributable reserves | 130/1 | €481 | €481 | = | 0.0% |
| Legal reserve | 130 | €481 | €481 | = | 0.0% |
| Tax-exempt reserves | 132 | €221,100 | €221,100 | = | 0.0% |
| Distributable reserves | 133 | €3,756 | €3,756 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,862 | -€26,636 | +€1,226 | +4.4% |
| Provisions and deferred taxes | 16 | €113,900 | €113,900 | = | 0.0% |
| Deferred taxes | 168 | €113,900 | €113,900 | = | 0.0% |
| Amounts payable | 17/49 | €1,189,774 | €942,122 | -€247,653 | -20.8% |
| Amounts payable after more than one year | 17 | €447,927 | €469,408 | +€21,481 | +4.8% |
| Financial debts | 170/4 | €447,927 | €469,408 | +€21,481 | +4.8% |
| Amounts payable within one year | 42/48 | €741,847 | €472,714 | -€269,133 | -36.3% |
| Current portion of amounts payable after more than one year | 42 | €72,985 | €122,510 | +€49,525 | +67.9% |
| Financial debts | 43 | €580,000 | €300,000 | -€280,000 | -48.3% |
| Credit institutions | 430/8 | €580,000 | €300,000 | -€280,000 | -48.3% |
| Trade debts | 44 | €71,602 | €28,028 | -€43,574 | -60.9% |
| Suppliers | 440/4 | €71,602 | €28,028 | -€43,574 | -60.9% |
| Taxes, remuneration and social security | 45 | €9,292 | €9,562 | +€271 | +2.9% |
| Taxes | 450/3 | €2,883 | €2,137 | -€747 | -25.9% |
| Remuneration and social security | 454/9 | €6,408 | €7,426 | +€1,018 | +15.9% |
| Other amounts payable | 47/48 | €7,968 | €12,613 | +€4,645 | +58.3% |
| Remuneration, social security and pensions | 62 | €26,788 | €19,671 | -€7,117 | -26.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,447 | €32,633 | +€1,186 | +3.8% |
| Other operating charges | 640/8 | €87,996 | €87,749 | -€247 | -0.3% |
| Gross operating margin | 9900 | €184,236 | €173,143 | -€11,093 | -6.0% |
| Operating profit (loss) | 9901 | €38,005 | €33,090 | -€4,915 | -12.9% |
| Financial income | 75/76B | €20,466 | €31,307 | +€10,841 | +53.0% |
| Recurring financial income | 75 | €20,466 | €31,307 | +€10,841 | +53.0% |
| Financial charges | 65/66B | €59,600 | €61,035 | +€1,435 | +2.4% |
| Recurring financial charges | 65 | €45,931 | €61,035 | +€15,103 | +32.9% |
| Non-recurring financial charges | 66B | €13,668 | - | -€13,668 | |
| Profit (loss) for the period before taxes | 9903 | -€1,129 | €3,363 | +€4,492 | |
| Income taxes | 67/77 | €1,154 | €2,137 | +€982 | +85.1% |
| Profit (loss) for the period | 9904 | -€2,283 | €1,226 | +€3,509 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,283 | €1,226 | +€3,509 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.