De Hamhoek: 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.
De Hamhoek
Largest movements
- Cash +€50,703
up €50,703 (+41.9%), from €120,872 to €171,575
mainly Other debts (+€46,694) and Depreciation (+€40,537)
- Tangible fixed assets -€15,979
down €15,979 (-1.6%), from €1.0m to €1.0m
of which Land and buildings: -€11,100
- Other debts +€46,694
up €46,694 (+1224.7%), from €3,813 to €50,507
- Debts after one year -€17,939
down €17,939 (-14.7%), from €122,047 to €104,108
of which Financial debts: -€17,939
- Gross operating margin -€1,683
down €1,683 (-2.3%), from €74,690 to €73,007
- Other operating charges +€1,656
up €1,656 (+23.1%), from €7,172 to €8,828
- Financial charges +€1,450
up €1,450 (+18.2%), from €7,964 to €9,414
- Taxes +€868
up €868 (+6.1%), from €14,321 to €15,189
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.
Cash bridge derived
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 | €1,157,692 | €1,187,128 | +€29,435 | +2.5% |
| Fixed assets | 21/28 | €1,026,682 | €1,010,702 | -€15,979 | -1.6% |
| Tangible fixed assets | 22/27 | €1,026,682 | €1,010,702 | -€15,979 | -1.6% |
| Land and buildings | 22 | €1,019,961 | €1,008,861 | -€11,100 | -1.1% |
| Plant, machinery and equipment | 23 | €1,536 | €1,152 | -€384 | -25.0% |
| Furniture and vehicles | 24 | €5,184 | €689 | -€4,495 | -86.7% |
| Current assets | 29/58 | €131,011 | €176,425 | +€45,415 | +34.7% |
| Amounts receivable within one year | 40/41 | €10,139 | €965 | -€9,173 | -90.5% |
| Trade receivables | 40 | €10,139 | €580 | -€9,559 | -94.3% |
| Other amounts receivable | 41 | - | €385 | +€385 | |
| Cash at bank and in hand | 54/58 | €120,872 | €171,575 | +€50,703 | +41.9% |
| Deferred charges and accrued income | 490/1 | €0 | €3,886 | +€3,886 | |
| Total equity and liabilities | 10/49 | €1,157,692 | €1,187,128 | +€29,435 | +2.5% |
| Equity | 10/15 | €849,658 | €855,144 | +€5,487 | +0.6% |
| Contributions | 10/11 | €22,500 | €22,500 | = | 0.0% |
| Reserves | 13 | €827,158 | €832,644 | +€5,487 | +0.7% |
| Tax-exempt reserves | 132 | €560,778 | €537,217 | -€23,561 | -4.2% |
| Distributable reserves | 133 | €266,379 | €295,428 | +€29,048 | +10.9% |
| Provisions and deferred taxes | 16 | €140,195 | €134,304 | -€5,890 | -4.2% |
| Deferred taxes | 168 | €140,195 | €134,304 | -€5,890 | -4.2% |
| Amounts payable | 17/49 | €167,840 | €197,679 | +€29,839 | +17.8% |
| Amounts payable after more than one year | 17 | €122,047 | €104,108 | -€17,939 | -14.7% |
| Financial debts | 170/4 | €47,047 | €29,108 | -€17,939 | -38.1% |
| Other amounts payable | 178/9 | €75,000 | €75,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €37,185 | €82,429 | +€45,244 | +121.7% |
| Current portion of amounts payable after more than one year | 42 | €17,603 | €17,939 | +€337 | +1.9% |
| Trade debts | 44 | €944 | €1,245 | +€301 | +31.8% |
| Suppliers | 440/4 | €944 | €1,245 | +€301 | +31.8% |
| Taxes, remuneration and social security | 45 | €14,825 | €12,738 | -€2,087 | -14.1% |
| Taxes | 450/3 | €12,875 | €12,738 | -€137 | -1.1% |
| Remuneration and social security | 454/9 | €1,950 | €0 | -€1,950 | -100.0% |
| Other amounts payable | 47/48 | €3,813 | €50,507 | +€46,694 | +1224.7% |
| Accrued charges and deferred income | 492/3 | €8,608 | €11,142 | +€2,534 | +29.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,963 | €40,537 | -€426 | -1.0% |
| Other operating charges | 640/8 | €7,172 | €8,828 | +€1,656 | +23.1% |
| Gross operating margin | 9900 | €74,690 | €73,007 | -€1,683 | -2.3% |
| Operating profit (loss) | 9901 | €26,554 | €23,642 | -€2,912 | -11.0% |
| Financial income | 75/76B | €350 | €558 | +€208 | +59.2% |
| Recurring financial income | 75 | €350 | €558 | +€208 | +59.2% |
| Financial charges | 65/66B | €7,964 | €9,414 | +€1,450 | +18.2% |
| Recurring financial charges | 65 | €7,964 | €9,414 | +€1,450 | +18.2% |
| Profit (loss) for the period before taxes | 9903 | €18,941 | €14,786 | -€4,154 | -21.9% |
| Transfer from deferred taxes | 780 | €5,890 | €5,890 | = | 0.0% |
| Income taxes | 67/77 | €14,321 | €15,189 | +€868 | +6.1% |
| Profit (loss) for the period | 9904 | €10,510 | €5,487 | -€5,023 | -47.8% |
| Transfer from tax-exempt reserves | 789 | €23,561 | €23,561 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €34,071 | €29,048 | -€5,023 | -14.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.