HAMELS DIRK: 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.
HAMELS DIRK
Largest movements
- Receivables within one year +€249,930
up €249,930 (+108.7%), from €229,892 to €479,822
of which Trade receivables: +€258,651
- Stocks and contracts -€14,233
down €14,233 (-38.2%), from €37,239 to €23,006
of which Contracts in progress: -€15,500
- Tangible fixed assets -€11,973
down €11,973 (-3.8%), from €311,158 to €299,185
of which Plant, machinery and equipment: -€21,263
- Cash +€9,544
up €9,544 (+96.9%), from €9,850 to €19,394
mainly Current portion of long-term debt (+€328,645) and Depreciation (+€24,929)
- Current portion of long-term debt +€328,645
up €328,645 (+1244.5%), from €26,407 to €355,052
- Trade debts -€78,386
down €78,386 (-74.2%), from €105,709 to €27,323
- Debts after one year -€15,279
down €15,279 (-25.0%), from €61,188 to €45,909
- Reserves +€10,130
up €10,130 (+4.0%), from €254,961 to €265,091
of which Distributable reserves: +€10,130
- Other debts -€9,000
down €9,000 (-7.2%), from €124,452 to €115,452
- Gross operating margin -€6,296
down €6,296 (-5.2%), from €120,152 to €113,856
- Financial charges -€3,384
down €3,384 (-19.1%), from €17,739 to €14,355
of which Financial charges: -€2,253
- Staff costs -€1,412
down €1,412 (-2.3%), from €61,320 to €59,908
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 | €588,512 | €824,902 | +€236,390 | +40.2% |
| Fixed assets | 21/28 | €311,158 | €299,185 | -€11,973 | -3.8% |
| Tangible fixed assets | 22/27 | €311,158 | €299,185 | -€11,973 | -3.8% |
| Land and buildings | 22 | €247,900 | €245,800 | -€2,100 | -0.8% |
| Plant, machinery and equipment | 23 | €60,424 | €39,161 | -€21,263 | -35.2% |
| Furniture and vehicles | 24 | €2,834 | €14,224 | +€11,390 | +401.9% |
| Current assets | 29/58 | €277,354 | €525,717 | +€248,363 | +89.5% |
| Stocks and contracts in progress | 3 | €37,239 | €23,006 | -€14,233 | -38.2% |
| Stocks | 30/36 | €21,739 | €23,006 | +€1,267 | +5.8% |
| Contracts in progress | 37 | €15,500 | - | -€15,500 | |
| Amounts receivable within one year | 40/41 | €229,892 | €479,822 | +€249,930 | +108.7% |
| Trade receivables | 40 | €212,564 | €471,215 | +€258,651 | +121.7% |
| Other amounts receivable | 41 | €17,328 | €8,607 | -€8,721 | -50.3% |
| Cash at bank and in hand | 54/58 | €9,850 | €19,394 | +€9,544 | +96.9% |
| Deferred charges and accrued income | 490/1 | €373 | €3,495 | +€3,122 | +837.0% |
| Total equity and liabilities | 10/49 | €588,512 | €824,902 | +€236,390 | +40.2% |
| Equity | 10/15 | €261,161 | €271,291 | +€10,130 | +3.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €254,961 | €265,091 | +€10,130 | +4.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €28,645 | €28,645 | = | 0.0% |
| Distributable reserves | 133 | €224,457 | €234,587 | +€10,130 | +4.5% |
| Amounts payable | 17/49 | €327,351 | €553,611 | +€226,260 | +69.1% |
| Amounts payable after more than one year | 17 | €61,188 | €45,909 | -€15,279 | -25.0% |
| Financial debts | 170/4 | €61,188 | €45,909 | -€15,279 | -25.0% |
| Amounts payable within one year | 42/48 | €266,163 | €507,702 | +€241,539 | +90.7% |
| Current portion of amounts payable after more than one year | 42 | €26,407 | €355,052 | +€328,645 | +1244.5% |
| Trade debts | 44 | €105,709 | €27,323 | -€78,386 | -74.2% |
| Suppliers | 440/4 | €105,709 | €27,323 | -€78,386 | -74.2% |
| Taxes, remuneration and social security | 45 | €9,595 | €9,875 | +€280 | +2.9% |
| Remuneration and social security | 454/9 | €9,595 | €9,875 | +€280 | +2.9% |
| Other amounts payable | 47/48 | €124,452 | €115,452 | -€9,000 | -7.2% |
| Remuneration, social security and pensions | 62 | €61,320 | €59,908 | -€1,412 | -2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,646 | €24,929 | +€283 | +1.1% |
| Other operating charges | 640/8 | €1,079 | €974 | -€105 | -9.7% |
| Gross operating margin | 9900 | €120,152 | €113,856 | -€6,296 | -5.2% |
| Operating profit (loss) | 9901 | €33,107 | €28,045 | -€5,062 | -15.3% |
| Financial income | 75/76B | €713 | €728 | +€15 | +2.1% |
| Recurring financial income | 75 | €713 | €728 | +€15 | +2.1% |
| Financial charges | 65/66B | €17,739 | €14,355 | -€3,384 | -19.1% |
| Recurring financial charges | 65 | €16,608 | €14,355 | -€2,253 | -13.6% |
| Non-recurring financial charges | 66B | €1,131 | - | -€1,131 | |
| Profit (loss) for the period before taxes | 9903 | €16,081 | €14,418 | -€1,663 | -10.3% |
| Income taxes | 67/77 | €4,483 | €4,287 | -€196 | -4.4% |
| Profit (loss) for the period | 9904 | €11,598 | €10,131 | -€1,467 | -12.6% |
| Profit (loss) for the period to be appropriated | 9905 | €11,598 | €10,131 | -€1,467 | -12.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.