DE HAMSTER: 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 HAMSTER
Largest movements
- Current investments +€247,576
new in 2025: €247,576
- Cash -€89,781
down €89,781 (-16.5%), from €542,960 to €453,179
mainly Current investments (-€247,576) and Debts after one year (-€111,467)
- Tangible fixed assets -€84,604
down €84,604 (-9.1%), from €930,258 to €845,654
of which Land and buildings: -€77,650
- Receivables within one year -€25,352
down €25,352 (-77.9%), from €32,554 to €7,202
of which Other amounts receivable: -€25,566
- Reserves +€153,002
up €153,002 (+15.2%), from €1.0m to €1.2m
of which Distributable reserves: +€153,002
- Debts after one year -€111,467
down €111,467 (-36.6%), from €304,916 to €193,449
- Gross operating margin -€63,007
down €63,007 (-6.7%), from €936,416 to €873,410
- Staff costs +€40,622
up €40,622 (+10.7%), from €378,902 to €419,524
- Taxes -€27,441
down €27,441 (-20.0%), from €137,208 to €109,767
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 | €1,579,053 | €1,629,768 | +€50,715 | +3.2% |
| Fixed assets | 21/28 | €936,008 | €850,654 | -€85,354 | -9.1% |
| Tangible fixed assets | 22/27 | €930,258 | €845,654 | -€84,604 | -9.1% |
| Land and buildings | 22 | €856,104 | €778,454 | -€77,650 | -9.1% |
| Plant, machinery and equipment | 23 | €69,470 | €64,846 | -€4,624 | -6.7% |
| Furniture and vehicles | 24 | €4,685 | €2,354 | -€2,331 | -49.7% |
| Financial fixed assets | 28 | €5,750 | €5,000 | -€750 | -13.0% |
| Current assets | 29/58 | €643,044 | €779,114 | +€136,069 | +21.2% |
| Stocks and contracts in progress | 3 | €59,441 | €68,543 | +€9,102 | +15.3% |
| Stocks | 30/36 | €59,441 | €68,543 | +€9,102 | +15.3% |
| Amounts receivable within one year | 40/41 | €32,554 | €7,202 | -€25,352 | -77.9% |
| Trade receivables | 40 | €2,983 | €3,198 | +€214 | +7.2% |
| Other amounts receivable | 41 | €29,571 | €4,004 | -€25,566 | -86.5% |
| Current investments | 50/53 | - | €247,576 | +€247,576 | |
| Cash at bank and in hand | 54/58 | €542,960 | €453,179 | -€89,781 | -16.5% |
| Deferred charges and accrued income | 490/1 | €8,090 | €2,614 | -€5,476 | -67.7% |
| Total equity and liabilities | 10/49 | €1,579,053 | €1,629,768 | +€50,715 | +3.2% |
| Equity | 10/15 | €1,003,722 | €1,156,725 | +€153,002 | +15.2% |
| Reserves | 13 | €1,003,722 | €1,156,725 | +€153,002 | +15.2% |
| Tax-exempt reserves | 132 | €19,369 | €19,369 | = | 0.0% |
| Distributable reserves | 133 | €984,353 | €1,137,356 | +€153,002 | +15.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €575,330 | €473,043 | -€102,287 | -17.8% |
| Amounts payable after more than one year | 17 | €304,916 | €193,449 | -€111,467 | -36.6% |
| Financial debts | 170/4 | €304,916 | €193,449 | -€111,467 | -36.6% |
| Amounts payable within one year | 42/48 | €201,039 | €200,742 | -€297 | -0.1% |
| Current portion of amounts payable after more than one year | 42 | €149,605 | €146,238 | -€3,367 | -2.3% |
| Trade debts | 44 | €18,054 | €31,086 | +€13,033 | +72.2% |
| Suppliers | 440/4 | €18,054 | €31,086 | +€13,033 | +72.2% |
| Taxes, remuneration and social security | 45 | €33,380 | €23,417 | -€9,963 | -29.8% |
| Taxes | 450/3 | €33,380 | €23,417 | -€9,963 | -29.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €69,375 | €78,852 | +€9,477 | +13.7% |
| Remuneration, social security and pensions | 62 | €378,902 | €419,524 | +€40,622 | +10.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €94,104 | €100,338 | +€6,235 | +6.6% |
| Other operating charges | 640/8 | €4,032 | €4,135 | +€103 | +2.5% |
| Non-recurring operating charges | 66A | €300 | €682 | +€382 | +127.4% |
| Gross operating margin | 9900 | €936,416 | €873,410 | -€63,007 | -6.7% |
| Operating profit (loss) | 9901 | €459,078 | €348,730 | -€110,348 | -24.0% |
| Financial income | 75/76B | €3,450 | €6,285 | +€2,835 | +82.2% |
| Recurring financial income | 75 | €3,450 | €6,285 | +€2,835 | +82.2% |
| Financial charges | 65/66B | €24,457 | €16,481 | -€7,977 | -32.6% |
| Recurring financial charges | 65 | €24,457 | €16,481 | -€7,977 | -32.6% |
| Profit (loss) for the period before taxes | 9903 | €438,071 | €338,534 | -€99,536 | -22.7% |
| Income taxes | 67/77 | €137,208 | €109,767 | -€27,441 | -20.0% |
| Profit (loss) for the period | 9904 | €300,863 | €228,768 | -€72,095 | -24.0% |
| Profit (loss) for the period to be appropriated | 9905 | €300,863 | €228,768 | -€72,095 | -24.0% |
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.