HAM CONCEPT: what changed
Two fiscal 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.
HAM CONCEPT
Largest movements
- Stocks and contracts -€16,650
down €16,650 (-29.4%), from €56,671 to €40,021
- Cash +€15,446
up €15,446 (+127.4%), from €12,125 to €27,571
mainly Stocks and contracts (+€16,650) and Receivables within one year (+€4,980)
- Receivables within one year -€4,980
no longer reported in 2025 (was €4,980)
- Trade debts -€8,149
down €8,149 (-32.2%), from €25,339 to €17,189
- Tax, wage and social debts +€1,397
up €1,397 (+25.5%), from €5,482 to €6,879
of which Remuneration and social security: +€4,890
- Profit (loss) carried forward +€1,017
up €1,017 (+142.5%), from €713 to €1,730
- Taxes +€10,068
up €10,068 (+792.1%), from €1,271 to €11,339
- Gross operating margin +€3,461
up €3,461 (+33.2%), from €10,415 to €13,876
- Staff costs -€1,859
no longer reported in 2025 (was €1,859)
- Other operating charges -€374
down €374 (-27.7%), from €1,352 to €978
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.
Cash bridge derived
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 | €74,385 | €68,042 | -€6,343 | -8.5% |
| Fixed assets | 21/28 | €609 | €450 | -€159 | -26.1% |
| Intangible fixed assets | 21 | €159 | €0 | -€159 | -100.0% |
| Financial fixed assets | 28 | €450 | €450 | = | 0.0% |
| Current assets | 29/58 | €73,776 | €67,592 | -€6,184 | -8.4% |
| Stocks and contracts in progress | 3 | €56,671 | €40,021 | -€16,650 | -29.4% |
| Stocks | 30/36 | €56,671 | €40,021 | -€16,650 | -29.4% |
| Amounts receivable within one year | 40/41 | €4,980 | - | -€4,980 | |
| Trade receivables | 40 | €4,980 | - | -€4,980 | |
| Cash at bank and in hand | 54/58 | €12,125 | €27,571 | +€15,446 | +127.4% |
| Total equity and liabilities | 10/49 | €74,385 | €68,042 | -€6,343 | -8.5% |
| Equity | 10/15 | €19,557 | €20,574 | +€1,017 | +5.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €244 | €244 | = | 0.0% |
| Non-distributable reserves | 130/1 | €244 | €244 | = | 0.0% |
| Reserves not available under the articles | 1311 | €244 | €244 | = | 0.0% |
| Profit (loss) carried forward | 14 | €713 | €1,730 | +€1,017 | +142.5% |
| Amounts payable | 17/49 | €54,828 | €47,468 | -€7,360 | -13.4% |
| Amounts payable within one year | 42/48 | €54,828 | €47,468 | -€7,360 | -13.4% |
| Trade debts | 44 | €25,339 | €17,189 | -€8,149 | -32.2% |
| Suppliers | 440/4 | €25,339 | €17,189 | -€8,149 | -32.2% |
| Taxes, remuneration and social security | 45 | €5,482 | €6,879 | +€1,397 | +25.5% |
| Taxes | 450/3 | €5,146 | €1,653 | -€3,493 | -67.9% |
| Remuneration and social security | 454/9 | €336 | €5,226 | +€4,890 | +1454.3% |
| Other amounts payable | 47/48 | €24,007 | €23,399 | -€608 | -2.5% |
| Remuneration, social security and pensions | 62 | €1,859 | - | -€1,859 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €159 | €159 | = | 0.0% |
| Other operating charges | 640/8 | €1,352 | €978 | -€374 | -27.7% |
| Gross operating margin | 9900 | €10,415 | €13,876 | +€3,461 | +33.2% |
| Operating profit (loss) | 9901 | €7,045 | €12,739 | +€5,694 | +80.8% |
| Financial charges | 65/66B | €295 | €383 | +€88 | +29.9% |
| Recurring financial charges | 65 | €295 | €383 | +€88 | +29.9% |
| Profit (loss) for the period before taxes | 9903 | €6,750 | €12,356 | +€5,606 | +83.1% |
| Income taxes | 67/77 | €1,271 | €11,339 | +€10,068 | +792.1% |
| Profit (loss) for the period | 9904 | €5,479 | €1,017 | -€4,462 | -81.4% |
| Profit (loss) for the period to be appropriated | 9905 | €5,479 | €1,017 | -€4,462 | -81.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.