Hamaco: 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
Hamaco
NACE 82.990, Other business support services
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€480,340
2024 · €484,643-€4,303
Equity
€584,836
2024 · €554,496+€30,340
Cash
€1.9m
2024 · €422,223+€1.4m
Balance sheet total
€6.5m
2024 · €5.0m+€1.5m
Largest movements
Assets
- Cash +€1.4m
up €1.4m (+341.8%), from €422,223 to €1.9m
mainly Trade debts (+€1.2m) and Net result for the year (+€480,340)
- Receivables within one year +€118,737
up €118,737 (+2.8%), from €4.2m to €4.3m
of which Trade receivables: +€111,458
Equity and liabilities
- Trade debts +€1.2m
up €1.2m (+28.8%), from €4.0m to €5.2m
- Accrued charges and deferred income +€313,179
up €313,179 (+109.7%), from €285,570 to €598,749
Income statement
- Turnover +€889,332
up €889,332 (+5.5%), from €16.0m to €16.9m
- Goods and materials +€854,469
up €854,469 (+5.6%), from €15.2m to €16.1m
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
€484,643
Turnover
+€889,332
Other operating income
-€4,014
Goods and materials
-€854,469
Services and other goods
-€45,255
Depreciation
-€1
Other operating charges
+€53
Financial charges
+€15,703
Taxes
-€5,652
Result 2025
€480,340
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.
From operations
+€1.9m
Investment
€0
Financing
-€450,000
Cash 2024
€422,223
From operations (derived)
+€1.9m
Net result for the year
+€480,340
Depreciation
+€84,634
Receivables within one year
-€118,737
Deferred charges and accrued income
-€324
Trade debts
+€1.2m
Tax, wage and social debts
+€10,200
Other debts
-€35,860
Accrued charges and deferred income
+€313,179
Financing
-€450,000
Contributions, distributions and other
-€450,000
Cash 2025
€1.9m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,976,134 | €6,453,516 | +€1.5m | +29.7% |
| Formation expenses | 20 | €131,901 | €83,901 | -€48,000 | -36.4% |
| Fixed assets | 21/28 | €219,834 | €183,200 | -€36,634 | -16.7% |
| Intangible fixed assets | 21 | €179,751 | €156,940 | -€22,811 | -12.7% |
| Tangible fixed assets | 22/27 | €40,083 | €26,260 | -€13,823 | -34.5% |
| Plant, machinery and equipment | 23 | €40,083 | €26,260 | -€13,823 | -34.5% |
| Current assets | 29/58 | €4,624,399 | €6,186,415 | +€1.6m | +33.8% |
| Amounts receivable within one year | 40/41 | €4,193,758 | €4,312,495 | +€118,737 | +2.8% |
| Trade receivables | 40 | €4,192,641 | €4,304,099 | +€111,458 | +2.7% |
| Other amounts receivable | 41 | €1,116 | €8,396 | +€7,280 | +652.1% |
| Cash at bank and in hand | 54/58 | €422,223 | €1,865,178 | +€1.4m | +341.8% |
| Deferred charges and accrued income | 490/1 | €8,418 | €8,742 | +€324 | +3.8% |
| Total equity and liabilities | 10/49 | €4,976,134 | €6,453,516 | +€1.5m | +29.7% |
| Equity | 10/15 | €554,496 | €584,836 | +€30,340 | +5.5% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €6,150 | €6,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | €486,846 | €517,186 | +€30,340 | +6.2% |
| Amounts payable | 17/49 | €4,421,638 | €5,868,680 | +€1.4m | +32.7% |
| Amounts payable within one year | 42/48 | €4,136,068 | €5,269,931 | +€1.1m | +27.4% |
| Trade debts | 44 | €4,029,781 | €5,189,304 | +€1.2m | +28.8% |
| Suppliers | 440/4 | €4,029,781 | €5,189,304 | +€1.2m | +28.8% |
| Taxes, remuneration and social security | 45 | €61,548 | €71,747 | +€10,200 | +16.6% |
| Taxes | 450/3 | €61,548 | €71,747 | +€10,200 | +16.6% |
| Other amounts payable | 47/48 | €44,740 | €8,880 | -€35,860 | -80.2% |
| Accrued charges and deferred income | 492/3 | €285,570 | €598,749 | +€313,179 | +109.7% |
| Operating income | 70/76A | €16,035,585 | €16,920,903 | +€885,318 | +5.5% |
| Turnover | 70 | €16,031,571 | €16,920,903 | +€889,332 | +5.5% |
| Other operating income | 74 | €4,014 | - | -€4,014 | |
| Operating charges | 60/66A | €15,373,514 | €16,273,185 | +€899,672 | +5.9% |
| Goods for resale, raw materials and consumables | 60 | €15,234,365 | €16,088,834 | +€854,469 | +5.6% |
| Purchases | 600/8 | €15,234,365 | €16,088,834 | +€854,469 | +5.6% |
| Services and other goods | 61 | €54,318 | €99,573 | +€45,255 | +83.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €84,633 | €84,634 | +€1 | 0.0% |
| Other operating charges | 640/8 | €197 | €144 | -€53 | -26.8% |
| Operating profit (loss) | 9901 | €662,071 | €647,718 | -€14,354 | -2.2% |
| Financial charges | 65/66B | €15,881 | €178 | -€15,703 | -98.9% |
| Recurring financial charges | 65 | €15,881 | €178 | -€15,703 | -98.9% |
| Debt charges | 650 | €15,830 | - | -€15,830 | |
| Other financial charges | 652/9 | €51 | €178 | +€127 | +246.6% |
| Profit (loss) for the period before taxes | 9903 | €646,190 | €647,540 | +€1,349 | +0.2% |
| Income taxes | 67/77 | €161,548 | €167,200 | +€5,652 | +3.5% |
| Taxes | 670/3 | €161,548 | €167,200 | +€5,652 | +3.5% |
| Profit (loss) for the period | 9904 | €484,643 | €480,340 | -€4,303 | -0.9% |
| Profit (loss) for the period to be appropriated | 9905 | €484,643 | €480,340 | -€4,303 | -0.9% |
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 12 October 2026 via checked.be.