DANNY HEMERIJCKX: 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.
DANNY HEMERIJCKX
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Other debts -€14,313
down €14,313 (-8.1%), from €177,478 to €163,165
- Profit (loss) carried forward +€10,342
up €10,342 (+72.0%), from -€14,365 to -€4,023
- Trade debts +€7,544
up €7,544 (+75.2%), from €10,034 to €17,578
- Accrued charges and deferred income -€3,690
down €3,690 (-90.3%), from €4,086 to €396
- Gross operating margin -€14,071
down €14,071 (-39.3%), from €35,841 to €21,770
- Financial charges -€3,530
down €3,530 (-71.8%), from €4,917 to €1,387
- Taxes -€2,367
down €2,367 (-35.7%), from €6,633 to €4,267
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €309,752 | €309,138 | -€614 | -0.2% |
| Fixed assets | 21/28 | €309,238 | €306,443 | -€2,796 | -0.9% |
| Tangible fixed assets | 22/27 | €70,475 | €67,679 | -€2,796 | -4.0% |
| Land and buildings | 22 | €61,695 | €61,109 | -€586 | -0.9% |
| Furniture and vehicles | 24 | €8,780 | €6,570 | -€2,210 | -25.2% |
| Financial fixed assets | 28 | €238,763 | €238,763 | = | 0.0% |
| Current assets | 29/58 | €514 | €2,696 | +€2,182 | +425% |
| Amounts receivable within one year | 40/41 | €0 | €500 | +€500 | |
| Trade receivables | 40 | €0 | €500 | +€500 | |
| Deferred charges and accrued income | 490/1 | €514 | €2,196 | +€1,682 | +327% |
| Total equity and liabilities | 10/49 | €309,752 | €309,138 | -€614 | -0.2% |
| Equity | 10/15 | €48,819 | €59,161 | +€10,342 | +21.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,184 | €1,184 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,184 | €1,184 | = | 0.0% |
| Legal reserve | 130 | €1,184 | €1,184 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,365 | -€4,023 | +€10,342 | +72.0% |
| Amounts payable | 17/49 | €260,933 | €249,977 | -€10,956 | -4.2% |
| Amounts payable after more than one year | 17 | €49,579 | €49,579 | = | 0.0% |
| Financial debts | 170/4 | €49,579 | €49,579 | = | 0.0% |
| Amounts payable within one year | 42/48 | €207,268 | €200,002 | -€7,266 | -3.5% |
| Financial debts | 43 | €13,211 | €14,993 | +€1,782 | +13.5% |
| Credit institutions | 430/8 | €13,211 | €14,993 | +€1,782 | +13.5% |
| Trade debts | 44 | €10,034 | €17,578 | +€7,544 | +75.2% |
| Suppliers | 440/4 | €10,034 | €17,578 | +€7,544 | +75.2% |
| Taxes, remuneration and social security | 45 | €6,546 | €4,267 | -€2,280 | -34.8% |
| Taxes | 450/3 | €6,546 | €4,267 | -€2,280 | -34.8% |
| Other amounts payable | 47/48 | €177,478 | €163,165 | -€14,313 | -8.1% |
| Accrued charges and deferred income | 492/3 | €4,086 | €396 | -€3,690 | -90.3% |
| Non-recurring operating income | 76A | - | €500 | +€500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,796 | €2,796 | = | 0.0% |
| Other operating charges | 640/8 | €2,881 | €2,979 | +€98 | +3.4% |
| Gross operating margin | 9900 | €35,841 | €21,770 | -€14,071 | -39.3% |
| Operating profit (loss) | 9901 | €30,165 | €15,995 | -€14,170 | -47.0% |
| Financial charges | 65/66B | €4,917 | €1,387 | -€3,530 | -71.8% |
| Recurring financial charges | 65 | €4,917 | €1,387 | -€3,530 | -71.8% |
| Profit (loss) for the period before taxes | 9903 | €25,248 | €14,608 | -€10,640 | -42.1% |
| Income taxes | 67/77 | €6,633 | €4,267 | -€2,367 | -35.7% |
| Profit (loss) for the period | 9904 | €18,615 | €10,342 | -€8,273 | -44.4% |
| Profit (loss) for the period to be appropriated | 9905 | €18,615 | €10,342 | -€8,273 | -44.4% |
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 24 October 2026 via checked.be.