DR E. HIMPE: 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.
DR E. HIMPE
Largest movements
- Current investments -€211,766
down €211,766 (-100.0%), from €211,766 to €0
- Cash +€165,343
up €165,343 (+664.9%), from €24,869 to €190,212
mainly Net result for the year (+€359,466) and Current investments (+€211,766)
- Receivables within one year +€82,211
up €82,211 (+23.6%), from €348,531 to €430,743
of which Other amounts receivable: +€82,458
- Other debts +€195,254
up €195,254 (+47.5%), from €410,818 to €606,072
- Reserves -€159,428
down €159,428 (-100.0%), from €159,428 to €0
- Tax, wage and social debts -€14,480
down €14,480 (-79.8%), from €18,155 to €3,675
of which Taxes: -€14,480
- Accrued charges and deferred income +€12,604
new in 2025: €12,604
- Financial income -€91,444
down €91,444 (-72.1%), from €126,878 to €35,434
- Financial charges +€13,110
up €13,110 (+378.1%), from €3,467 to €16,577
- Taxes -€10,921
down €10,921 (-9.5%), from €114,485 to €103,565
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 | €610,590 | €643,664 | +€33,074 | +5.4% |
| Fixed assets | 21/28 | €24,022 | €20,854 | -€3,169 | -13.2% |
| Tangible fixed assets | 22/27 | €24,022 | €20,854 | -€3,169 | -13.2% |
| Furniture and vehicles | 24 | €412 | €1,448 | +€1,036 | +251.3% |
| Other tangible fixed assets | 26 | €23,610 | €19,406 | -€4,204 | -17.8% |
| Current assets | 29/58 | €586,568 | €622,810 | +€36,242 | +6.2% |
| Amounts receivable within one year | 40/41 | €348,531 | €430,743 | +€82,211 | +23.6% |
| Trade receivables | 40 | €254 | €7 | -€247 | -97.1% |
| Other amounts receivable | 41 | €348,277 | €430,735 | +€82,458 | +23.7% |
| Current investments | 50/53 | €211,766 | €0 | -€211,766 | -100.0% |
| Cash at bank and in hand | 54/58 | €24,869 | €190,212 | +€165,343 | +664.9% |
| Deferred charges and accrued income | 490/1 | €1,402 | €1,855 | +€453 | +32.3% |
| Total equity and liabilities | 10/49 | €610,590 | €643,664 | +€33,074 | +5.4% |
| Equity | 10/15 | €178,028 | €18,600 | -€159,428 | -89.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €159,428 | €0 | -€159,428 | -100.0% |
| Distributable reserves | 133 | €159,428 | €0 | -€159,428 | -100.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €432,562 | €625,064 | +€192,502 | +44.5% |
| Amounts payable within one year | 42/48 | €432,562 | €612,459 | +€179,897 | +41.6% |
| Trade debts | 44 | €3,589 | €2,712 | -€877 | -24.4% |
| Suppliers | 440/4 | €3,589 | €2,712 | -€877 | -24.4% |
| Taxes, remuneration and social security | 45 | €18,155 | €3,675 | -€14,480 | -79.8% |
| Taxes | 450/3 | €18,155 | €3,675 | -€14,480 | -79.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €410,818 | €606,072 | +€195,254 | +47.5% |
| Accrued charges and deferred income | 492/3 | - | €12,604 | +€12,604 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,345 | €4,649 | +€304 | +7.0% |
| Other operating charges | 640/8 | €677 | €1,357 | +€680 | +100.5% |
| Gross operating margin | 9900 | €450,524 | €450,180 | -€345 | -0.1% |
| Operating profit (loss) | 9901 | €445,503 | €444,174 | -€1,329 | -0.3% |
| Financial income | 75/76B | €126,878 | €35,434 | -€91,444 | -72.1% |
| Recurring financial income | 75 | €126,878 | €35,434 | -€91,444 | -72.1% |
| Financial charges | 65/66B | €3,467 | €16,577 | +€13,110 | +378.1% |
| Recurring financial charges | 65 | €3,467 | €16,577 | +€13,110 | +378.1% |
| Profit (loss) for the period before taxes | 9903 | €568,914 | €463,030 | -€105,883 | -18.6% |
| Income taxes | 67/77 | €114,485 | €103,565 | -€10,921 | -9.5% |
| Profit (loss) for the period | 9904 | €454,428 | €359,466 | -€94,963 | -20.9% |
| Profit (loss) for the period to be appropriated | 9905 | €454,428 | €359,466 | -€94,963 | -20.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.