HAMAVER: 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.
HAMAVER
Largest movements
- Cash +€38,888
up €38,888 (+93.1%), from €41,767 to €80,654
mainly Net result for the year (+€40,315) and Other debts (+€28,803)
- Receivables within one year -€10,212
down €10,212 (-56.5%), from €18,087 to €7,875
of which Other amounts receivable: -€12,518
- Intangible fixed assets -€8,624
down €8,624 (-100%), from €8,624 to €0
- Deferred charges and accrued income -€3,047
down €3,047 (-48.1%), from €6,337 to €3,290
- Profit (loss) carried forward +€40,315
up €40,315 (+36.3%), from -€111,118 to -€70,802
- Reserves -€30,000
down €30,000 (-23.7%), from €126,329 to €96,329
of which Distributable reserves: -€30,000
- Other debts +€28,803
up €28,803 (+2,171%), from €1,327 to €30,130
- Current portion of long-term debt -€12,559
down €12,559 (-100%), from €12,559 to €0
- Trade debts -€5,214
down €5,214 (-52.9%), from €9,851 to €4,636
- Gross operating margin +€74,131
up €74,131 (+106%), from €70,070 to €144,201
- Staff costs -€3,482
down €3,482 (-3.6%), from €95,858 to €92,376
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 | €74,815 | €91,819 | +€17,004 | +22.7% |
| Fixed assets | 21/28 | €8,624 | €0 | -€8,624 | -100% |
| Intangible fixed assets | 21 | €8,624 | €0 | -€8,624 | -100% |
| Current assets | 29/58 | €66,191 | €91,819 | +€25,628 | +38.7% |
| Amounts receivable within one year | 40/41 | €18,087 | €7,875 | -€10,212 | -56.5% |
| Trade receivables | 40 | €909 | €3,215 | +€2,306 | +254% |
| Other amounts receivable | 41 | €17,178 | €4,660 | -€12,518 | -72.9% |
| Cash at bank and in hand | 54/58 | €41,767 | €80,654 | +€38,888 | +93.1% |
| Deferred charges and accrued income | 490/1 | €6,337 | €3,290 | -€3,047 | -48.1% |
| Total equity and liabilities | 10/49 | €74,815 | €91,819 | +€17,004 | +22.7% |
| Equity | 10/15 | €33,811 | €44,126 | +€10,315 | +30.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €126,329 | €96,329 | -€30,000 | -23.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €124,469 | €94,469 | -€30,000 | -24.1% |
| Profit (loss) carried forward | 14 | -€111,118 | -€70,802 | +€40,315 | +36.3% |
| Amounts payable | 17/49 | €41,004 | €47,693 | +€6,689 | +16.3% |
| Amounts payable within one year | 42/48 | €41,004 | €47,693 | +€6,689 | +16.3% |
| Current portion of amounts payable after more than one year | 42 | €12,559 | €0 | -€12,559 | -100% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €9,851 | €4,636 | -€5,214 | -52.9% |
| Suppliers | 440/4 | €9,851 | €4,636 | -€5,214 | -52.9% |
| Taxes, remuneration and social security | 45 | €17,268 | €12,926 | -€4,341 | -25.1% |
| Taxes | 450/3 | €1,021 | €0 | -€1,021 | -100% |
| Remuneration and social security | 454/9 | €16,247 | €12,926 | -€3,321 | -20.4% |
| Other amounts payable | 47/48 | €1,327 | €30,130 | +€28,803 | +2,171% |
| Remuneration, social security and pensions | 62 | €95,858 | €92,376 | -€3,482 | -3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,207 | €8,624 | -€583 | -6.3% |
| Other operating charges | 640/8 | €337 | €561 | +€224 | +66.5% |
| Gross operating margin | 9900 | €70,070 | €144,201 | +€74,131 | +106% |
| Operating profit (loss) | 9901 | -€35,333 | €42,640 | +€77,973 | |
| Financial income | 75/76B | €2 | €43 | +€41 | +1,798% |
| Recurring financial income | 75 | €2 | €43 | +€41 | +1,798% |
| Financial charges | 65/66B | €1,772 | €2,110 | +€338 | +19.1% |
| Recurring financial charges | 65 | €1,772 | €2,110 | +€338 | +19.1% |
| Profit (loss) for the period before taxes | 9903 | -€37,103 | €40,573 | +€77,676 | |
| Income taxes | 67/77 | €249 | €257 | +€8 | +3.3% |
| Profit (loss) for the period | 9904 | -€37,352 | €40,315 | +€77,668 | |
| Profit (loss) for the period to be appropriated | 9905 | -€37,352 | €40,315 | +€77,668 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.