HAMC: 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.
HAMC
Largest movements
- Stocks and contracts +€10,040
up €10,040 (+122.4%), from €8,205 to €18,245
- Cash +€4,370
up €4,370 (+149131.1%), from €3 to €4,372
mainly Depreciation (+€11,368) and Advances received (+€10,309)
- Receivables within one year +€1,162
up €1,162 (+5.4%), from €21,337 to €22,499
of which Other amounts receivable: +€1,979
- Advances received +€10,309
up €10,309 (+597.4%), from €1,726 to €12,035
- Current portion of long-term debt +€4,130
new in 2024: €4,130
- Profit (loss) carried forward +€3,278
up €3,278, from -€299 to €2,979
- Other debts -€3,111
down €3,111 (-6.4%), from €48,767 to €45,656
- Trade debts -€1,933
down €1,933 (-47.0%), from €4,111 to €2,178
- Gross operating margin +€14,423
up €14,423 (+537.0%), from €2,686 to €17,109
- Depreciation +€8,443
up €8,443 (+288.7%), from €2,925 to €11,368
- Taxes +€1,050
new in 2024: €1,050
- Financial charges +€369
up €369 (+1537.1%), from €24 to €393
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €59,304 | €74,714 | +€15,410 | +26.0% |
| Fixed assets | 21/28 | €28,755 | €28,996 | +€242 | +0.8% |
| Tangible fixed assets | 22/27 | €28,755 | €28,996 | +€242 | +0.8% |
| Plant, machinery and equipment | 23 | €13,672 | €18,851 | +€5,179 | +37.9% |
| Furniture and vehicles | 24 | €15,083 | €10,146 | -€4,937 | -32.7% |
| Current assets | 29/58 | €30,550 | €45,718 | +€15,168 | +49.7% |
| Stocks and contracts in progress | 3 | €8,205 | €18,245 | +€10,040 | +122.4% |
| Stocks | 30/36 | €8,205 | €18,245 | +€10,040 | +122.4% |
| Amounts receivable within one year | 40/41 | €21,337 | €22,499 | +€1,162 | +5.4% |
| Trade receivables | 40 | €20,812 | €19,994 | -€818 | -3.9% |
| Other amounts receivable | 41 | €525 | €2,505 | +€1,979 | +376.8% |
| Cash at bank and in hand | 54/58 | €3 | €4,372 | +€4,370 | +149131.1% |
| Deferred charges and accrued income | 490/1 | €1,005 | €601 | -€404 | -40.2% |
| Total equity and liabilities | 10/49 | €59,304 | €74,714 | +€15,410 | +26.0% |
| Equity | 10/15 | €2,701 | €5,979 | +€3,278 | +121.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€299 | €2,979 | +€3,278 | |
| Amounts payable | 17/49 | €56,604 | €68,735 | +€12,132 | +21.4% |
| Amounts payable after more than one year | 17 | - | €1,787 | +€1,787 | |
| Financial debts | 170/4 | - | €1,787 | +€1,787 | |
| Amounts payable within one year | 42/48 | €56,604 | €66,948 | +€10,345 | +18.3% |
| Current portion of amounts payable after more than one year | 42 | - | €4,130 | +€4,130 | |
| Trade debts | 44 | €4,111 | €2,178 | -€1,933 | -47.0% |
| Suppliers | 440/4 | €4,111 | €2,178 | -€1,933 | -47.0% |
| Advances received on contracts in progress | 46 | €1,726 | €12,035 | +€10,309 | +597.4% |
| Taxes, remuneration and social security | 45 | €2,000 | €2,950 | +€950 | +47.5% |
| Taxes | 450/3 | €2,000 | €2,950 | +€950 | +47.5% |
| Other amounts payable | 47/48 | €48,767 | €45,656 | -€3,111 | -6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,925 | €11,368 | +€8,443 | +288.7% |
| Other operating charges | 640/8 | €36 | €203 | +€167 | +462.7% |
| Gross operating margin | 9900 | €2,686 | €17,109 | +€14,423 | +537.0% |
| Operating profit (loss) | 9901 | -€275 | €5,538 | +€5,813 | |
| Financial income | 75/76B | - | €16 | +€16 | |
| Recurring financial income | 75 | - | €16 | +€16 | |
| Financial charges | 65/66B | €24 | €393 | +€369 | +1537.1% |
| Recurring financial charges | 65 | €24 | €393 | +€369 | +1537.1% |
| Profit (loss) for the period before taxes | 9903 | -€299 | €5,161 | +€5,460 | |
| Income taxes | 67/77 | - | €1,050 | +€1,050 | |
| Profit (loss) for the period | 9904 | -€299 | €4,111 | +€4,410 | |
| Profit (loss) for the period to be appropriated | 9905 | -€299 | €4,111 | +€4,410 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.