ELS 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.
ELS HIMPE
Largest movements
- Cash -€3,930
down €3,930 (-10.6%), from €37,168 to €33,238
mainly Trade debts (-€9,983) and Tax, wage and social debts (-€2,200)
- Receivables within one year -€1,046
down €1,046 (-7.0%), from €14,937 to €13,891
of which Other amounts receivable: -€684
- Trade debts -€9,983
down €9,983 (-91.5%), from €10,914 to €931
- Reserves +€4,600
up €4,600 (+17.8%), from €25,770 to €30,370
- Tax, wage and social debts -€2,200
down €2,200 (-38.6%), from €5,700 to €3,500
of which Taxes: -€2,200
- Other debts +€1,931
up €1,931 (+15.4%), from €12,526 to €14,456
- Gross operating margin -€14,224
down €14,224 (-57.9%), from €24,559 to €10,335
- Taxes -€3,720
down €3,720 (-73.1%), from €5,090 to €1,370
- Financial charges +€1,651
up €1,651 (+229.1%), from €721 to €2,371
- Other operating charges +€651
up €651 (+78.3%), from €831 to €1,483
- Depreciation +€504
up €504 (+5983.2%), from €8 to €513
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 | €56,910 | €51,257 | -€5,653 | -9.9% |
| Fixed assets | 21/28 | €2,556 | €2,043 | -€513 | -20.1% |
| Tangible fixed assets | 22/27 | €2,556 | €2,043 | -€513 | -20.1% |
| Land and buildings | 22 | €2,556 | €2,043 | -€513 | -20.1% |
| Current assets | 29/58 | €54,354 | €49,214 | -€5,140 | -9.5% |
| Amounts receivable within one year | 40/41 | €14,937 | €13,891 | -€1,046 | -7.0% |
| Trade receivables | 40 | €8,623 | €8,261 | -€362 | -4.2% |
| Other amounts receivable | 41 | €6,314 | €5,630 | -€684 | -10.8% |
| Cash at bank and in hand | 54/58 | €37,168 | €33,238 | -€3,930 | -10.6% |
| Deferred charges and accrued income | 490/1 | €2,248 | €2,084 | -€164 | -7.3% |
| Total equity and liabilities | 10/49 | €56,910 | €51,257 | -€5,653 | -9.9% |
| Equity | 10/15 | €27,770 | €32,370 | +€4,600 | +16.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €25,770 | €30,370 | +€4,600 | +17.8% |
| Distributable reserves | 133 | €25,770 | €30,370 | +€4,600 | +17.8% |
| Amounts payable | 17/49 | €29,139 | €18,887 | -€10,253 | -35.2% |
| Amounts payable within one year | 42/48 | €29,139 | €18,887 | -€10,253 | -35.2% |
| Trade debts | 44 | €10,914 | €931 | -€9,983 | -91.5% |
| Suppliers | 440/4 | €10,914 | €931 | -€9,983 | -91.5% |
| Taxes, remuneration and social security | 45 | €5,700 | €3,500 | -€2,200 | -38.6% |
| Taxes | 450/3 | €3,300 | €1,100 | -€2,200 | -66.7% |
| Remuneration and social security | 454/9 | €2,400 | €2,400 | = | 0.0% |
| Other amounts payable | 47/48 | €12,526 | €14,456 | +€1,931 | +15.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8 | €513 | +€504 | +5983.2% |
| Other operating charges | 640/8 | €831 | €1,483 | +€651 | +78.3% |
| Gross operating margin | 9900 | €24,559 | €10,335 | -€14,224 | -57.9% |
| Operating profit (loss) | 9901 | €23,719 | €8,340 | -€15,379 | -64.8% |
| Financial income | 75/76B | €3 | €0 | -€2 | -83.9% |
| Recurring financial income | 75 | €3 | €0 | -€2 | -83.9% |
| Financial charges | 65/66B | €721 | €2,371 | +€1,651 | +229.1% |
| Recurring financial charges | 65 | €721 | €2,371 | +€1,651 | +229.1% |
| Profit (loss) for the period before taxes | 9903 | €23,002 | €5,969 | -€17,032 | -74.0% |
| Income taxes | 67/77 | €5,090 | €1,370 | -€3,720 | -73.1% |
| Profit (loss) for the period | 9904 | €17,911 | €4,600 | -€13,312 | -74.3% |
| Profit (loss) for the period to be appropriated | 9905 | €17,911 | €4,600 | -€13,312 | -74.3% |
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 8 October 2026 via checked.be.