HAGRIMMO: 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.
HAGRIMMO
Largest movements
- Tangible fixed assets -€30,309
down €30,309 (-3.4%), from €897,905 to €867,596
- Debts after one year -€258,492
down €258,492 (-33.8%), from €764,560 to €506,068
- Other debts +€204,642
up €204,642 (+251%), from €81,640 to €286,282
- Reserves +€22,483
up €22,483, from €0 to €22,483
- Gross operating margin +€6,600
up €6,600 (+9.7%), from €68,200 to €74,800
- Taxes +€3,570
up €3,570 (+51.6%), from €6,922 to €10,492
- Depreciation +€852
up €852 (+2.9%), from €29,457 to €30,309
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 | €905,081 | €878,662 | -€26,419 | -2.9% |
| Fixed assets | 21/28 | €897,905 | €867,596 | -€30,309 | -3.4% |
| Tangible fixed assets | 22/27 | €897,905 | €867,596 | -€30,309 | -3.4% |
| Land and buildings | 22 | €897,905 | €867,596 | -€30,309 | -3.4% |
| Current assets | 29/58 | €7,175 | €11,066 | +€3,890 | +54.2% |
| Amounts receivable within one year | 40/41 | €124 | €0 | -€124 | -100% |
| Trade receivables | 40 | €124 | €0 | -€124 | -100% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €7,052 | €11,066 | +€4,014 | +56.9% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €905,081 | €878,662 | -€26,419 | -2.9% |
| Equity | 10/15 | €20,000 | €42,483 | +€22,483 | +112% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €0 | €22,483 | +€22,483 | |
| Distributable reserves | 133 | €0 | €22,483 | +€22,483 | |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €885,081 | €836,179 | -€48,902 | -5.5% |
| Amounts payable after more than one year | 17 | €764,560 | €506,068 | -€258,492 | -33.8% |
| Financial debts | 170/4 | €764,560 | €506,068 | -€258,492 | -33.8% |
| Amounts payable within one year | 42/48 | €120,520 | €330,110 | +€209,590 | +174% |
| Current portion of amounts payable after more than one year | 42 | €37,959 | €38,492 | +€533 | +1.4% |
| Trade debts | 44 | - | €422 | +€422 | |
| Suppliers | 440/4 | - | €422 | +€422 | |
| Taxes, remuneration and social security | 45 | €922 | €4,914 | +€3,992 | +433% |
| Taxes | 450/3 | €922 | €4,914 | +€3,992 | +433% |
| Other amounts payable | 47/48 | €81,640 | €286,282 | +€204,642 | +251% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,457 | €30,309 | +€852 | +2.9% |
| Other operating charges | 640/8 | €2,351 | €2,796 | +€445 | +18.9% |
| Gross operating margin | 9900 | €68,200 | €74,800 | +€6,600 | +9.7% |
| Operating profit (loss) | 9901 | €36,392 | €41,694 | +€5,302 | +14.6% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €8,702 | €8,719 | +€17 | +0.2% |
| Recurring financial charges | 65 | €8,702 | €8,719 | +€17 | +0.2% |
| Profit (loss) for the period before taxes | 9903 | €27,690 | €32,975 | +€5,285 | +19.1% |
| Income taxes | 67/77 | €6,922 | €10,492 | +€3,570 | +51.6% |
| Profit (loss) for the period | 9904 | €20,767 | €22,483 | +€1,716 | +8.3% |
| Profit (loss) for the period to be appropriated | 9905 | €20,767 | €22,483 | +€1,716 | +8.3% |
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 26 October 2026 via checked.be.