Alexander Hamels: 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.
Alexander Hamels
Largest movements
- Cash +€36,593
up €36,593 (+72.4%), from €50,570 to €87,163
mainly Net result for the year (+€30,998) and Depreciation (+€12,704)
- Tangible fixed assets -€11,654
down €11,654 (-38.8%), from €30,008 to €18,354
of which Furniture and vehicles: -€11,316
- Receivables within one year +€6,680
up €6,680 (+78963.0%), from €8 to €6,689
- Reserves +€30,998
up €30,998 (+51.5%), from €60,142 to €91,140
- Current portion of long-term debt -€9,330
down €9,330 (-91.6%), from €10,185 to €855
- Other debts +€4,775
up €4,775 (+163.7%), from €2,916 to €7,691
- Tax, wage and social debts +€4,269
new in 2024: €4,269
- Trade debts +€1,762
up €1,762 (+118.4%), from €1,489 to €3,251
- Gross operating margin +€16,673
up €16,673 (+39.9%), from €41,736 to €58,409
- Taxes +€4,131
up €4,131 (+45.2%), from €9,148 to €13,280
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 | €80,587 | €112,206 | +€31,619 | +39.2% |
| Fixed assets | 21/28 | €30,008 | €18,354 | -€11,654 | -38.8% |
| Tangible fixed assets | 22/27 | €30,008 | €18,354 | -€11,654 | -38.8% |
| Plant, machinery and equipment | 23 | €969 | €631 | -€338 | -34.9% |
| Furniture and vehicles | 24 | €29,039 | €17,723 | -€11,316 | -39.0% |
| Current assets | 29/58 | €50,579 | €93,852 | +€43,273 | +85.6% |
| Amounts receivable within one year | 40/41 | €8 | €6,689 | +€6,680 | +78963.0% |
| Other amounts receivable | 41 | €8 | €6,689 | +€6,680 | +78963.0% |
| Cash at bank and in hand | 54/58 | €50,570 | €87,163 | +€36,593 | +72.4% |
| Total equity and liabilities | 10/49 | €80,587 | €112,206 | +€31,619 | +39.2% |
| Equity | 10/15 | €65,142 | €96,140 | +€30,998 | +47.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €60,142 | €91,140 | +€30,998 | +51.5% |
| Distributable reserves | 133 | €60,142 | €91,140 | +€30,998 | +51.5% |
| Amounts payable | 17/49 | €15,445 | €16,066 | +€621 | +4.0% |
| Amounts payable after more than one year | 17 | €855 | €0 | -€855 | -100.0% |
| Financial debts | 170/4 | €855 | €0 | -€855 | -100.0% |
| Amounts payable within one year | 42/48 | €14,590 | €16,066 | +€1,476 | +10.1% |
| Current portion of amounts payable after more than one year | 42 | €10,185 | €855 | -€9,330 | -91.6% |
| Trade debts | 44 | €1,489 | €3,251 | +€1,762 | +118.4% |
| Suppliers | 440/4 | €1,489 | €3,251 | +€1,762 | +118.4% |
| Taxes, remuneration and social security | 45 | - | €4,269 | +€4,269 | |
| Taxes | 450/3 | - | €4,269 | +€4,269 | |
| Other amounts payable | 47/48 | €2,916 | €7,691 | +€4,775 | +163.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,247 | €12,704 | +€457 | +3.7% |
| Other operating charges | 640/8 | €1,425 | €1,454 | +€29 | +2.0% |
| Gross operating margin | 9900 | €41,736 | €58,409 | +€16,673 | +39.9% |
| Operating profit (loss) | 9901 | €28,064 | €44,251 | +€16,187 | +57.7% |
| Financial income | 75/76B | €114 | €267 | +€153 | +133.8% |
| Recurring financial income | 75 | €114 | €267 | +€153 | +133.8% |
| Financial charges | 65/66B | €407 | €240 | -€166 | -40.9% |
| Recurring financial charges | 65 | €407 | €240 | -€166 | -40.9% |
| Profit (loss) for the period before taxes | 9903 | €27,772 | €44,278 | +€16,506 | +59.4% |
| Income taxes | 67/77 | €9,148 | €13,280 | +€4,131 | +45.2% |
| Profit (loss) for the period | 9904 | €18,623 | €30,998 | +€12,375 | +66.4% |
| Profit (loss) for the period to be appropriated | 9905 | €18,623 | €30,998 | +€12,375 | +66.4% |
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.