G.B.S. Hamont: what changed
G.B.S. Hamont
Largest movements
- Receivables within one year +€228,578
up €228,578 (+177%), from €128,967 to €357,545
of which Trade receivables: +€165,694
- Cash -€132,786
down €132,786 (-48.1%), from €275,859 to €143,072
mainly Investment in fixed assets (net) (-€232,771) and Receivables within one year (-€228,578)
- Tangible fixed assets +€76,095
up €76,095 (+15.7%), from €483,327 to €559,422
of which Plant, machinery and equipment: +€88,784
- Debts after one year +€138,768
up €138,768 (+125%), from €111,116 to €249,885
of which Financial debts: +€117,444
- Other debts +€100,000
up €100,000, from €0 to €100,000
- Tax, wage and social debts -€86,392
down €86,392 (-89.7%), from €96,347 to €9,956
of which Taxes: -€80,605
- Reserves -€86,371
down €86,371 (-12.9%), from €668,515 to €582,144
of which Distributable reserves: -€86,371
- Trade debts +€67,808
up €67,808 (+94.0%), from €72,099 to €139,907
- Gross operating margin -€197,568
down €197,568 (-43.8%), from €451,383 to €253,815
- Staff costs -€59,108
down €59,108 (-51.1%), from €115,644 to €56,535
- Taxes -€42,157
down €42,157 (-92.0%), from €45,807 to €3,651
- Depreciation +€10,943
up €10,943 (+7.5%), from €145,626 to €156,569
- Other operating charges +€6,396
up €6,396 (+54.8%), from €11,681 to €18,077
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,076,417 | €1,242,569 | +€166,152 | +15.4% |
| Fixed assets | 21/28 | €484,235 | €560,437 | +€76,202 | +15.7% |
| Tangible fixed assets | 22/27 | €483,327 | €559,422 | +€76,095 | +15.7% |
| Land and buildings | 22 | €24,755 | €30,567 | +€5,812 | +23.5% |
| Plant, machinery and equipment | 23 | €357,696 | €446,480 | +€88,784 | +24.8% |
| Furniture and vehicles | 24 | €100,876 | €82,375 | -€18,501 | -18.3% |
| Financial fixed assets | 28 | €908 | €1,015 | +€107 | +11.8% |
| Current assets | 29/58 | €592,182 | €682,132 | +€89,950 | +15.2% |
| Amounts receivable after more than one year | 29 | €61,616 | €66,962 | +€5,346 | +8.7% |
| Other amounts receivable | 291 | €61,616 | €66,962 | +€5,346 | +8.7% |
| Stocks and contracts in progress | 3 | €109,244 | €99,833 | -€9,411 | -8.6% |
| Stocks | 30/36 | €109,244 | €99,833 | -€9,411 | -8.6% |
| Amounts receivable within one year | 40/41 | €128,967 | €357,545 | +€228,578 | +177% |
| Trade receivables | 40 | €128,967 | €294,661 | +€165,694 | +128% |
| Other amounts receivable | 41 | €0 | €62,884 | +€62,884 | |
| Cash at bank and in hand | 54/58 | €275,859 | €143,072 | -€132,786 | -48.1% |
| Deferred charges and accrued income | 490/1 | €16,497 | €14,720 | -€1,777 | -10.8% |
| Total equity and liabilities | 10/49 | €1,076,417 | €1,242,569 | +€166,152 | +15.4% |
| Equity | 10/15 | €730,515 | €644,144 | -€86,371 | -11.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €668,515 | €582,144 | -€86,371 | -12.9% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €662,315 | €575,944 | -€86,371 | -13.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €345,903 | €598,426 | +€252,523 | +73.0% |
| Amounts payable after more than one year | 17 | €111,116 | €249,885 | +€138,768 | +125% |
| Financial debts | 170/4 | €104,490 | €221,934 | +€117,444 | +112% |
| Other amounts payable | 178/9 | €6,626 | €27,950 | +€21,324 | +322% |
| Amounts payable within one year | 42/48 | €234,786 | €348,541 | +€113,755 | +48.5% |
| Current portion of amounts payable after more than one year | 42 | €59,673 | €91,385 | +€31,712 | +53.1% |
| Financial debts | 43 | €6,667 | €7,293 | +€626 | +9.4% |
| Credit institutions | 430/8 | €6,667 | €7,293 | +€626 | +9.4% |
| Trade debts | 44 | €72,099 | €139,907 | +€67,808 | +94.0% |
| Suppliers | 440/4 | €72,099 | €139,907 | +€67,808 | +94.0% |
| Taxes, remuneration and social security | 45 | €96,347 | €9,956 | -€86,392 | -89.7% |
| Taxes | 450/3 | €88,510 | €7,906 | -€80,605 | -91.1% |
| Remuneration and social security | 454/9 | €7,837 | €2,050 | -€5,787 | -73.8% |
| Other amounts payable | 47/48 | €0 | €100,000 | +€100,000 | |
| Non-recurring operating income | 76A | €5,500 | €5,000 | -€500 | -9.1% |
| Remuneration, social security and pensions | 62 | €115,644 | €56,535 | -€59,108 | -51.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €145,626 | €156,569 | +€10,943 | +7.5% |
| Other operating charges | 640/8 | €11,681 | €18,077 | +€6,396 | +54.8% |
| Gross operating margin | 9900 | €451,383 | €253,815 | -€197,568 | -43.8% |
| Operating profit (loss) | 9901 | €178,433 | €22,634 | -€155,799 | -87.3% |
| Financial income | 75/76B | €3 | €1,644 | +€1,641 | +48,694% |
| Recurring financial income | 75 | €3 | €1,644 | +€1,641 | +48,694% |
| Financial charges | 65/66B | €8,673 | €6,998 | -€1,675 | -19.3% |
| Recurring financial charges | 65 | €8,673 | €6,998 | -€1,675 | -19.3% |
| Profit (loss) for the period before taxes | 9903 | €169,763 | €17,280 | -€152,483 | -89.8% |
| Income taxes | 67/77 | €45,807 | €3,651 | -€42,157 | -92.0% |
| Profit (loss) for the period | 9904 | €123,956 | €13,629 | -€110,327 | -89.0% |
| Profit (loss) for the period to be appropriated | 9905 | €123,956 | €13,629 | -€110,327 | -89.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.