HAEMERS Technologies: 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.
What changed
HAEMERS Technologies
NACE 39.000, Remediation activities and other waste management service activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€768,670
2024 · €16,976+€751,694
Equity
€6.8m
2024 · €6.1m+€754,981
Cash
€154,749
2024 · €1.2m-€1.0m
Balance sheet total
€21.2m
2024 · €13.2m+€8.0m
Largest movements
Assets
- Stocks and contracts +€6.4m
up €6.4m (+227%), from €2.8m to €9.3m
of which Contracts in progress: +€5.6m
- Receivables within one year +€1.9m
up €1.9m (+144%), from €1.3m to €3.2m
of which Trade receivables: +€1.8m
- Cash -€1.0m
down €1.0m (-86.6%), from €1.2m to €154,749
mainly Stocks and contracts (-€6.4m) and Investment in fixed assets (net) (-€2.2m)
- Tangible fixed assets +€721,710
up €721,710 (+41.3%), from €1.7m to €2.5m
of which Plant, machinery and equipment: +€801,880
- Deferred charges and accrued income -€266,766
down €266,766 (-57.3%), from €465,278 to €198,512
Equity and liabilities
- Advances received +€4.4m
up €4.4m (+540%), from €816,085 to €5.2m
- Short-term financial debts +€1.9m
new in 2025: €1.9m
- Trade debts +€775,475
up €775,475 (+114%), from €677,586 to €1.5m
- Profit (loss) carried forward +€768,671
up €768,671 (+83.3%), from -€922,829 to -€154,158
- Debts after one year -€768,388
down €768,388 (-20.1%), from €3.8m to €3.0m
of which Financial debts: -€825,443
Income statement
- Gross operating margin +€2.5m
up €2.5m (+66.4%), from €3.7m to €6.2m
- Write-downs +€970,243
up €970,243, from -€531,780 to €438,463
- Staff costs -€197,721
down €197,721 (-8.5%), from €2.3m to €2.1m
- Depreciation -€127,945
down €127,945 (-9.1%), from €1.4m to €1.3m
- Other operating charges -€80,848
down €80,848 (-27.2%), from €297,492 to €216,644
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.
Result 2024
€16,976
Gross operating margin
+€2.5m
Staff costs
+€197,721
Depreciation
+€127,945
Write-downs
-€970,243
Provisions
-€25,000
Other operating charges
+€80,848
Other operating items
-€1.1m
Financial income
-€14,578
Financial charges
-€8,073
Result 2025
€768,670
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€259,775
Investment
-€2.2m
Financing
+€1.5m
Cash 2024
€1.2m
From operations (derived)
-€259,775
Net result for the year
+€768,670
Depreciation
+€1.3m
Stocks and contracts
-€6.4m
Receivables within one year
-€1.9m
Deferred charges and accrued income
+€266,766
Smaller working-capital items
-€10,171
Trade debts
+€775,475
Tax, wage and social debts
+€248,042
Advances received
+€4.4m
Other debts
+€315,489
Investment (derived)
-€2.2m
Investment in fixed assets (net)
-€2.2m
Financing
+€1.5m
Debts after one year
-€768,388
Current portion of long-term debt
+€391,358
Short-term financial debts
+€1.9m
Contributions, distributions and other
-€13,689
Cash 2025
€154,749
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,207,501 | €21,217,135 | +€8.0m | +60.6% |
| Fixed assets | 21/28 | €7,450,119 | €8,414,461 | +€964,342 | +12.9% |
| Intangible fixed assets | 21 | €5,206,390 | €5,326,463 | +€120,073 | +2.3% |
| Tangible fixed assets | 22/27 | €1,746,002 | €2,467,712 | +€721,710 | +41.3% |
| Land and buildings | 22 | €805,795 | €747,451 | -€58,344 | -7.2% |
| Plant, machinery and equipment | 23 | €799,273 | €1,601,153 | +€801,880 | +100% |
| Furniture and vehicles | 24 | €92,931 | €96,313 | +€3,382 | +3.6% |
| Leasing and similar rights | 25 | €3,025 | - | -€3,025 | |
| Assets under construction and advance payments | 27 | €44,978 | €22,795 | -€22,183 | -49.3% |
| Financial fixed assets | 28 | €497,727 | €620,286 | +€122,559 | +24.6% |
| Current assets | 29/58 | €5,757,382 | €12,802,674 | +€7.0m | +122% |
| Stocks and contracts in progress | 3 | €2,833,389 | €9,274,751 | +€6.4m | +227% |
| Stocks | 30/36 | - | €812,120 | +€812,120 | |
| Contracts in progress | 37 | €2,833,389 | €8,462,632 | +€5.6m | +199% |
| Amounts receivable within one year | 40/41 | €1,303,391 | €3,174,662 | +€1.9m | +144% |
| Trade receivables | 40 | €136,122 | €1,925,981 | +€1.8m | +1,315% |
| Other amounts receivable | 41 | €1,167,269 | €1,248,681 | +€81,412 | +7.0% |
| Cash at bank and in hand | 54/58 | €1,155,324 | €154,749 | -€1.0m | -86.6% |
| Deferred charges and accrued income | 490/1 | €465,278 | €198,512 | -€266,766 | -57.3% |
| Total equity and liabilities | 10/49 | €13,207,501 | €21,217,135 | +€8.0m | +60.6% |
| Equity | 10/15 | €6,067,597 | €6,822,578 | +€754,981 | +12.4% |
| Contributions | 10/11 | €6,752,239 | €6,752,239 | +€0 | 0.0% |
| Capital | 10 | €6,752,239 | €6,752,239 | +€0 | 0.0% |
| Issued capital | 100 | €6,752,239 | €6,752,239 | +€0 | 0.0% |
| Reserves | 13 | €20,501 | €20,501 | = | 0.0% |
| Non-distributable reserves | 130/1 | €20,501 | €20,501 | = | 0.0% |
| Legal reserve | 130 | €20,501 | €20,501 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€922,829 | -€154,158 | +€768,671 | +83.3% |
| Investment grants | 15 | €217,686 | €203,997 | -€13,689 | -6.3% |
| Provisions and deferred taxes | 16 | €1,868 | €1,868 | -€0 | 0.0% |
| Provisions for liabilities and charges | 160/5 | €1,868 | €1,868 | -€0 | 0.0% |
| Other liabilities and charges | 164/5 | €1,868 | €1,868 | -€0 | 0.0% |
| Amounts payable | 17/49 | €7,138,036 | €14,392,689 | +€7.3m | +102% |
| Amounts payable after more than one year | 17 | €3,814,391 | €3,046,003 | -€768,388 | -20.1% |
| Financial debts | 170/4 | €3,344,936 | €2,519,493 | -€825,443 | -24.7% |
| Other amounts payable | 178/9 | €469,455 | €526,510 | +€57,055 | +12.2% |
| Amounts payable within one year | 42/48 | €3,313,474 | €11,346,686 | +€8.0m | +242% |
| Current portion of amounts payable after more than one year | 42 | €766,548 | €1,157,906 | +€391,358 | +51.1% |
| Financial debts | 43 | - | €1,896,000 | +€1.9m | |
| Credit institutions | 430/8 | - | €1,896,000 | +€1.9m | |
| Trade debts | 44 | €677,586 | €1,453,061 | +€775,475 | +114% |
| Suppliers | 440/4 | €677,586 | €1,453,061 | +€775,475 | +114% |
| Advances received on contracts in progress | 46 | €816,085 | €5,222,934 | +€4.4m | +540% |
| Taxes, remuneration and social security | 45 | €381,410 | €629,452 | +€248,042 | +65.0% |
| Taxes | 450/3 | €7,707 | €138,200 | +€130,493 | +1,693% |
| Remuneration and social security | 454/9 | €373,703 | €491,252 | +€117,549 | +31.5% |
| Other amounts payable | 47/48 | €671,845 | €987,334 | +€315,489 | +47.0% |
| Accrued charges and deferred income | 492/3 | €10,171 | - | -€10,171 | |
| Non-recurring operating income | 76A | €90,595 | €505,026 | +€414,431 | +457% |
| Remuneration, social security and pensions | 62 | €2,324,626 | €2,126,905 | -€197,721 | -8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,409,684 | €1,281,739 | -€127,945 | -9.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€531,780 | €438,463 | +€970,243 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€25,000 | - | +€25,000 | |
| Other operating charges | 640/8 | €297,492 | €216,644 | -€80,848 | -27.2% |
| Non-recurring operating charges | 66A | €1,239 | €1,108,705 | +€1.1m | +89,384% |
| Gross operating margin | 9900 | €3,719,145 | €6,189,685 | +€2.5m | +66.4% |
| Operating profit (loss) | 9901 | €242,884 | €1,017,229 | +€774,345 | +319% |
| Financial income | 75/76B | €26,854 | €12,276 | -€14,578 | -54.3% |
| Recurring financial income | 75 | €26,854 | €12,276 | -€14,578 | -54.3% |
| Financial charges | 65/66B | €252,762 | €260,835 | +€8,073 | +3.2% |
| Recurring financial charges | 65 | €252,762 | €260,835 | +€8,073 | +3.2% |
| Profit (loss) for the period before taxes | 9903 | €16,976 | €768,670 | +€751,694 | +4,428% |
| Profit (loss) for the period | 9904 | €16,976 | €768,670 | +€751,694 | +4,428% |
| Profit (loss) for the period to be appropriated | 9905 | €16,976 | €768,670 | +€751,694 | +4,428% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.