HAINAUT CREMATION: what changed
What changed
HAINAUT CREMATION
NACE 96.301, Funeral services
filed annual accounts (NBB)
Net result for the year
-€16,578
2024 · €5,278-€21,856
Equity
€1.2m
2024 · €1.2m-€16,578
Cash
€33,445
2024 · €32,770+€675
Balance sheet total
€2.1m
2024 · €2.5m-€366,124
Largest movements
Assets
- Receivables within one year -€300,440
down €300,440 (-36.8%), from €816,303 to €515,863
of which Trade receivables: -€286,524
- Tangible fixed assets -€64,949
down €64,949 (-3.9%), from €1.7m to €1.6m
of which Land and buildings: -€35,824
Equity and liabilities
- Other debts -€351,471
no longer reported in 2025 (was €351,471)
Income statement
- Write-downs +€13,214
up €13,214, from -€255 to €12,959
- Staff costs +€11,982
up €11,982 (+4.2%), from €282,772 to €294,754
- Gross operating margin -€4,836
down €4,836 (-1.1%), from €435,451 to €430,615
- Financial charges -€4,662
down €4,662 (-28.6%), from €16,291 to €11,628
of which Financial charges: -€4,662
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.
Result 2024
€5,278
Gross operating margin
-€4,836
Staff costs
-€11,982
Depreciation
+€814
Write-downs
-€13,214
Other operating charges
-€450
Financial income
+€3,139
Financial charges
+€4,662
Taxes
+€11
Result 2025
-€16,578
raises the resultlowers the result
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.
From operations
+€35,284
Investment
-€34,609
Financing
€0
Cash 2024
€32,770
From operations (derived)
+€35,284
Net result for the year
-€16,578
Depreciation
+€99,558
Stocks and contracts
+€2,165
Receivables within one year
+€300,440
Deferred charges and accrued income
-€754
Trade debts
+€10,575
Tax, wage and social debts
+€4,963
Other debts
-€351,471
Accrued charges and deferred income
-€13,614
Investment (derived)
-€34,609
Investment in fixed assets (net)
-€34,609
Cash 2025
€33,445
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,512,469 | €2,146,344 | -€366,124 | -14.6% |
| Fixed assets | 21/28 | €1,654,779 | €1,589,831 | -€64,949 | -3.9% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €1,654,779 | €1,589,831 | -€64,949 | -3.9% |
| Land and buildings | 22 | €1,533,859 | €1,498,035 | -€35,824 | -2.3% |
| Plant, machinery and equipment | 23 | €110,535 | €75,796 | -€34,739 | -31.4% |
| Furniture and vehicles | 24 | €8,832 | €16,000 | +€7,167 | +81.1% |
| Assets under construction and advance payments | 27 | €1,553 | - | -€1,553 | |
| Current assets | 29/58 | €857,690 | €556,514 | -€301,176 | -35.1% |
| Stocks and contracts in progress | 3 | €4,305 | €2,140 | -€2,165 | -50.3% |
| Stocks | 30/36 | €4,305 | €2,140 | -€2,165 | -50.3% |
| Amounts receivable within one year | 40/41 | €816,303 | €515,863 | -€300,440 | -36.8% |
| Trade receivables | 40 | €751,702 | €465,178 | -€286,524 | -38.1% |
| Other amounts receivable | 41 | €64,601 | €50,685 | -€13,916 | -21.5% |
| Cash at bank and in hand | 54/58 | €32,770 | €33,445 | +€675 | +2.1% |
| Deferred charges and accrued income | 490/1 | €4,312 | €5,066 | +€754 | +17.5% |
| Total equity and liabilities | 10/49 | €2,512,469 | €2,146,344 | -€366,124 | -14.6% |
| Equity | 10/15 | €1,201,042 | €1,184,465 | -€16,578 | -1.4% |
| Contributions | 10/11 | €198,315 | €198,315 | = | 0.0% |
| Capital | 10 | €198,315 | €198,315 | = | 0.0% |
| Issued capital | 100 | €198,315 | €198,315 | = | 0.0% |
| Reserves | 13 | €430,982 | €430,982 | = | 0.0% |
| Non-distributable reserves | 130/1 | €19,831 | €19,831 | = | 0.0% |
| Legal reserve | 130 | €19,831 | €19,831 | = | 0.0% |
| Distributable reserves | 133 | €411,150 | €411,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | €571,746 | €555,168 | -€16,578 | -2.9% |
| Amounts payable | 17/49 | €1,311,426 | €961,880 | -€349,547 | -26.7% |
| Amounts payable within one year | 42/48 | €1,287,433 | €951,500 | -€335,933 | -26.1% |
| Trade debts | 44 | €871,777 | €882,353 | +€10,575 | +1.2% |
| Suppliers | 440/4 | €871,777 | €882,353 | +€10,575 | +1.2% |
| Taxes, remuneration and social security | 45 | €64,184 | €69,147 | +€4,963 | +7.7% |
| Taxes | 450/3 | €23,203 | €19,281 | -€3,922 | -16.9% |
| Remuneration and social security | 454/9 | €40,981 | €49,866 | +€8,885 | +21.7% |
| Other amounts payable | 47/48 | €351,471 | - | -€351,471 | |
| Accrued charges and deferred income | 492/3 | €23,994 | €10,380 | -€13,614 | -56.7% |
| Remuneration, social security and pensions | 62 | €282,772 | €294,754 | +€11,982 | +4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €100,372 | €99,558 | -€814 | -0.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€255 | €12,959 | +€13,214 | |
| Other operating charges | 640/8 | €31,173 | €31,623 | +€450 | +1.4% |
| Gross operating margin | 9900 | €435,451 | €430,615 | -€4,836 | -1.1% |
| Operating profit (loss) | 9901 | €21,390 | -€8,279 | -€29,669 | |
| Financial income | 75/76B | €230 | €3,369 | +€3,139 | +1,362% |
| Recurring financial income | 75 | €230 | €3,369 | +€3,139 | +1,362% |
| Non-recurring financial income | 76B | - | €0 | +€0 | |
| Financial charges | 65/66B | €16,291 | €11,628 | -€4,662 | -28.6% |
| Recurring financial charges | 65 | €16,291 | €11,628 | -€4,662 | -28.6% |
| Non-recurring financial charges | 66B | - | €0 | +€0 | |
| Profit (loss) for the period before taxes | 9903 | €5,330 | -€16,537 | -€21,867 | |
| Income taxes | 67/77 | €51 | €40 | -€11 | -21.9% |
| Profit (loss) for the period | 9904 | €5,278 | -€16,578 | -€21,856 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,278 | -€16,578 | -€21,856 |
Next steps
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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 4 November 2026 via checked.be.