HAMAJU: 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.
HAMAJU
Largest movements
- Tangible fixed assets +€32,118
up €32,118 (+13.2%), from €242,964 to €275,082
of which Land and buildings: +€29,414
- Debts after one year +€22,169
up €22,169 (+11.5%), from €193,091 to €215,260
of which Financial debts: +€22,169
- Reserves +€10,000
up €10,000 (+40.0%), from €25,000 to €35,000
- Gross operating margin -€2,476
down €2,476 (-8.5%), from €29,107 to €26,631
- Depreciation -€1,757
down €1,757 (-13.6%), from €12,951 to €11,194
- Taxes -€427
down €427 (-11.5%), from €3,713 to €3,286
- Financial charges +€412
up €412 (+112.4%), from €366 to €778
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 | €246,621 | €278,947 | +€32,326 | +13.1% |
| Fixed assets | 21/28 | €242,964 | €275,082 | +€32,118 | +13.2% |
| Tangible fixed assets | 22/27 | €242,964 | €275,082 | +€32,118 | +13.2% |
| Land and buildings | 22 | €242,964 | €272,378 | +€29,414 | +12.1% |
| Plant, machinery and equipment | 23 | - | €2,255 | +€2,255 | |
| Furniture and vehicles | 24 | - | €449 | +€449 | |
| Current assets | 29/58 | €3,657 | €3,865 | +€208 | +5.7% |
| Current investments | 50/53 | €92 | €92 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,615 | €1,973 | +€358 | +22.2% |
| Deferred charges and accrued income | 490/1 | €1,950 | €1,800 | -€150 | -7.7% |
| Total equity and liabilities | 10/49 | €246,621 | €278,947 | +€32,326 | +13.1% |
| Equity | 10/15 | €45,584 | €54,627 | +€9,044 | +19.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €25,000 | €35,000 | +€10,000 | +40.0% |
| Distributable reserves | 133 | €25,000 | €35,000 | +€10,000 | +40.0% |
| Profit (loss) carried forward | 14 | €1,984 | €1,027 | -€956 | -48.2% |
| Amounts payable | 17/49 | €201,037 | €224,320 | +€23,283 | +11.6% |
| Amounts payable after more than one year | 17 | €193,091 | €215,260 | +€22,169 | +11.5% |
| Financial debts | 170/4 | €192,391 | €214,560 | +€22,169 | +11.5% |
| Other amounts payable | 178/9 | €700 | €700 | = | 0.0% |
| Amounts payable within one year | 42/48 | €7,946 | €9,060 | +€1,114 | +14.0% |
| Current portion of amounts payable after more than one year | 42 | €1,611 | €4,173 | +€2,561 | +159.0% |
| Trade debts | 44 | €2,635 | €1,587 | -€1,047 | -39.8% |
| Suppliers | 440/4 | €2,635 | €1,587 | -€1,047 | -39.8% |
| Taxes, remuneration and social security | 45 | €3,700 | €3,300 | -€400 | -10.8% |
| Taxes | 450/3 | €3,700 | €3,300 | -€400 | -10.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,951 | €11,194 | -€1,757 | -13.6% |
| Other operating charges | 640/8 | €2,263 | €2,329 | +€66 | +2.9% |
| Gross operating margin | 9900 | €29,107 | €26,631 | -€2,476 | -8.5% |
| Operating profit (loss) | 9901 | €13,893 | €13,108 | -€785 | -5.7% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €366 | €778 | +€412 | +112.4% |
| Recurring financial charges | 65 | €366 | €778 | +€412 | +112.4% |
| Profit (loss) for the period before taxes | 9903 | €13,527 | €12,330 | -€1,197 | -8.8% |
| Income taxes | 67/77 | €3,713 | €3,286 | -€427 | -11.5% |
| Profit (loss) for the period | 9904 | €9,814 | €9,044 | -€770 | -7.8% |
| Profit (loss) for the period to be appropriated | 9905 | €9,814 | €9,044 | -€770 | -7.8% |
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 2 October 2026 via checked.be.