H en M MULTIMEDIA: 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.
H en M MULTIMEDIA
Largest movements
- Cash +€9,970
up €9,970 (+36.9%), from €27,000 to €36,970
mainly Net result for the year (+€67,912) and Tax, wage and social debts (+€48,471)
- Receivables within one year -€5,104
down €5,104 (-1.8%), from €281,171 to €276,068
of which Other amounts receivable: -€29,378
- Reserves +€67,912
up €67,912 (+60.4%), from €112,351 to €180,263
of which Distributable reserves: +€67,912
- Profit (loss) carried forward -€60,000
down €60,000 (-74.8%), from €80,249 to €20,249
- Tax, wage and social debts +€48,471
up €48,471 (+700%), from €6,927 to €55,397
of which Taxes: +€52,471
- Trade debts -€33,719
down €33,719 (-83.5%), from €40,395 to €6,676
- Other debts -€18,000
down €18,000 (-30.0%), from €60,000 to €42,000
- Gross operating margin +€94,331
up €94,331 (+866%), from €10,892 to €105,222
- Taxes +€31,771
up €31,771 (+1,086%), from €2,927 to €34,697
- Other operating charges +€1,085
up €1,085 (+353%), from €307 to €1,392
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 | €318,514 | €323,178 | +€4,664 | +1.5% |
| Fixed assets | 21/28 | €841 | €639 | -€203 | -24.1% |
| Tangible fixed assets | 22/27 | €841 | €639 | -€203 | -24.1% |
| Furniture and vehicles | 24 | €841 | €639 | -€203 | -24.1% |
| Current assets | 29/58 | €317,673 | €322,539 | +€4,866 | +1.5% |
| Amounts receivable within one year | 40/41 | €281,171 | €276,068 | -€5,104 | -1.8% |
| Trade receivables | 40 | €13,431 | €37,705 | +€24,274 | +181% |
| Other amounts receivable | 41 | €267,740 | €238,363 | -€29,378 | -11.0% |
| Cash at bank and in hand | 54/58 | €27,000 | €36,970 | +€9,970 | +36.9% |
| Deferred charges and accrued income | 490/1 | €9,502 | €9,502 | = | 0.0% |
| Total equity and liabilities | 10/49 | €318,514 | €323,178 | +€4,664 | +1.5% |
| Equity | 10/15 | €211,192 | €219,104 | +€7,912 | +3.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €112,351 | €180,263 | +€67,912 | +60.4% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €23,852 | €23,852 | = | 0.0% |
| Distributable reserves | 133 | €86,640 | €154,552 | +€67,912 | +78.4% |
| Profit (loss) carried forward | 14 | €80,249 | €20,249 | -€60,000 | -74.8% |
| Amounts payable | 17/49 | €107,322 | €104,073 | -€3,249 | -3.0% |
| Amounts payable within one year | 42/48 | €107,322 | €104,073 | -€3,249 | -3.0% |
| Trade debts | 44 | €40,395 | €6,676 | -€33,719 | -83.5% |
| Suppliers | 440/4 | €40,395 | €6,676 | -€33,719 | -83.5% |
| Taxes, remuneration and social security | 45 | €6,927 | €55,397 | +€48,471 | +700% |
| Taxes | 450/3 | €2,927 | €55,397 | +€52,471 | +1,793% |
| Remuneration and social security | 454/9 | €4,000 | - | -€4,000 | |
| Other amounts payable | 47/48 | €60,000 | €42,000 | -€18,000 | -30.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €548 | €203 | -€346 | -63.0% |
| Other operating charges | 640/8 | €307 | €1,392 | +€1,085 | +353% |
| Gross operating margin | 9900 | €10,892 | €105,222 | +€94,331 | +866% |
| Operating profit (loss) | 9901 | €10,036 | €103,628 | +€93,592 | +933% |
| Financial income | 75/76B | €0 | €0 | +€0 | +200% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +200% |
| Financial charges | 65/66B | €470 | €1,018 | +€548 | +117% |
| Recurring financial charges | 65 | €470 | €1,018 | +€548 | +117% |
| Profit (loss) for the period before taxes | 9903 | €9,566 | €102,610 | +€93,044 | +973% |
| Income taxes | 67/77 | €2,927 | €34,697 | +€31,771 | +1,086% |
| Profit (loss) for the period | 9904 | €6,640 | €67,912 | +€61,273 | +923% |
| Profit (loss) for the period to be appropriated | 9905 | €6,640 | €67,912 | +€61,273 | +923% |
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 22 October 2026 via checked.be.