Dries Van Hamme: 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.
Dries Van Hamme
Largest movements
- Cash +€82,826
up €82,826 (+344%), from €24,055 to €106,881
mainly Net result for the year (+€110,936) and Current portion of long-term debt (+€17,641)
- Receivables within one year +€13,095
up €13,095 (+87.0%), from €15,059 to €28,154
of which Trade receivables: +€8,823
- Tangible fixed assets -€8,416
down €8,416 (-15.4%), from €54,498 to €46,083
of which Leasing and similar rights: -€11,310
- Reserves +€110,936
up €110,936 (+76.0%), from €145,895 to €256,832
- Debts after one year -€41,326
down €41,326 (-19.3%), from €213,856 to €172,531
- Current portion of long-term debt +€17,641
up €17,641 (+74.5%), from €23,684 to €41,326
- Financial income +€26,642
up €26,642 (+55.6%), from €47,950 to €74,592
- Gross operating margin +€12,034
up €12,034 (+19.5%), from €61,644 to €73,678
- Financial charges -€5,555
down €5,555 (-36.3%), from €15,316 to €9,761
- Depreciation +€2,543
up €2,543 (+25.6%), from €9,939 to €12,482
- Taxes -€2,374
down €2,374 (-14.3%), from €16,598 to €14,224
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
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 | €394,240 | €481,761 | +€87,521 | +22.2% |
| Fixed assets | 21/28 | €354,437 | €346,021 | -€8,416 | -2.4% |
| Tangible fixed assets | 22/27 | €54,498 | €46,083 | -€8,416 | -15.4% |
| Furniture and vehicles | 24 | €1,273 | €3,133 | +€1,860 | +146% |
| Leasing and similar rights | 25 | €47,127 | €35,816 | -€11,310 | -24.0% |
| Other tangible fixed assets | 26 | €6,099 | €7,134 | +€1,035 | +17.0% |
| Financial fixed assets | 28 | €299,938 | €299,938 | = | 0.0% |
| Current assets | 29/58 | €39,804 | €135,740 | +€95,937 | +241% |
| Amounts receivable within one year | 40/41 | €15,059 | €28,154 | +€13,095 | +87.0% |
| Trade receivables | 40 | €14,523 | €23,347 | +€8,823 | +60.8% |
| Other amounts receivable | 41 | €535 | €4,808 | +€4,272 | +798% |
| Cash at bank and in hand | 54/58 | €24,055 | €106,881 | +€82,826 | +344% |
| Deferred charges and accrued income | 490/1 | €690 | €705 | +€15 | +2.2% |
| Total equity and liabilities | 10/49 | €394,240 | €481,761 | +€87,521 | +22.2% |
| Equity | 10/15 | €147,145 | €258,082 | +€110,936 | +75.4% |
| Contributions | 10/11 | €1,250 | €1,250 | = | 0.0% |
| Reserves | 13 | €145,895 | €256,832 | +€110,936 | +76.0% |
| Distributable reserves | 133 | €145,895 | €256,832 | +€110,936 | +76.0% |
| Amounts payable | 17/49 | €247,095 | €223,680 | -€23,416 | -9.5% |
| Amounts payable after more than one year | 17 | €213,856 | €172,531 | -€41,326 | -19.3% |
| Financial debts | 170/4 | €213,856 | €172,531 | -€41,326 | -19.3% |
| Amounts payable within one year | 42/48 | €33,239 | €51,149 | +€17,910 | +53.9% |
| Current portion of amounts payable after more than one year | 42 | €23,684 | €41,326 | +€17,641 | +74.5% |
| Trade debts | 44 | €225 | €1,699 | +€1,474 | +654% |
| Suppliers | 440/4 | €225 | €1,699 | +€1,474 | +654% |
| Taxes, remuneration and social security | 45 | €9,329 | €8,124 | -€1,205 | -12.9% |
| Taxes | 450/3 | €9,329 | €8,124 | -€1,205 | -12.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,939 | €12,482 | +€2,543 | +25.6% |
| Other operating charges | 640/8 | €643 | €867 | +€225 | +35.0% |
| Gross operating margin | 9900 | €61,644 | €73,678 | +€12,034 | +19.5% |
| Operating profit (loss) | 9901 | €51,062 | €60,329 | +€9,267 | +18.1% |
| Financial income | 75/76B | €47,950 | €74,592 | +€26,642 | +55.6% |
| Recurring financial income | 75 | €47,950 | €74,592 | +€26,642 | +55.6% |
| Financial charges | 65/66B | €15,316 | €9,761 | -€5,555 | -36.3% |
| Recurring financial charges | 65 | €15,316 | €9,761 | -€5,555 | -36.3% |
| Profit (loss) for the period before taxes | 9903 | €83,696 | €125,160 | +€41,465 | +49.5% |
| Income taxes | 67/77 | €16,598 | €14,224 | -€2,374 | -14.3% |
| Profit (loss) for the period | 9904 | €67,098 | €110,936 | +€43,839 | +65.3% |
| Profit (loss) for the period to be appropriated | 9905 | €67,098 | €110,936 | +€43,839 | +65.3% |
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 25 October 2026 via checked.be.