Hamer Technical Installations: 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.
Hamer Technical Installations
Largest movements
- Stocks and contracts +€2.2m
up €2.2m (+38.3%), from €5.8m to €8.0m
of which Contracts in progress: +€2.2m
- Receivables within one year -€467,200
down €467,200 (-27.0%), from €1.7m to €1.3m
of which Trade receivables: -€466,200
- Deferred charges and accrued income +€247,440
up €247,440 (+18.8%), from €1.3m to €1.6m
- Advances received +€1.3m
up €1.3m (+17.8%), from €7.3m to €8.6m
- Profit (loss) carried forward +€868,770
up €868,770, from -€227,081 to €641,689
- Other debts -€812,930
down €812,930 (-30.6%), from €2.7m to €1.8m
- Tax, wage and social debts +€398,138
up €398,138 (+155.8%), from €255,536 to €653,674
of which Taxes: +€315,875
- Gross operating margin +€1.1m
up €1.1m (+50.6%), from €2.1m to €3.2m
- Taxes +€476,285
up €476,285, from €0 to €476,285
- Staff costs +€146,647
up €146,647 (+11.2%), from €1.3m to €1.5m
- Financial charges -€50,503
down €50,503 (-36.2%), from €139,487 to €88,984
- Write-downs -€40,597
down €40,597, from €2,255 to -€38,342
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 | €12,571,160 | €14,362,412 | +€1.8m | +14.2% |
| Fixed assets | 21/28 | €3,410,601 | €3,303,379 | -€107,221 | -3.1% |
| Intangible fixed assets | 21 | €1,786 | €0 | -€1,786 | -100.0% |
| Tangible fixed assets | 22/27 | €3,408,815 | €3,303,379 | -€105,435 | -3.1% |
| Land and buildings | 22 | €2,934,496 | €2,881,837 | -€52,659 | -1.8% |
| Plant, machinery and equipment | 23 | €264,916 | €192,368 | -€72,548 | -27.4% |
| Furniture and vehicles | 24 | €209,403 | €229,175 | +€19,772 | +9.4% |
| Current assets | 29/58 | €9,160,560 | €11,059,032 | +€1.9m | +20.7% |
| Stocks and contracts in progress | 3 | €5,809,798 | €8,033,666 | +€2.2m | +38.3% |
| Stocks | 30/36 | €301,872 | €368,483 | +€66,611 | +22.1% |
| Contracts in progress | 37 | €5,507,926 | €7,665,183 | +€2.2m | +39.2% |
| Amounts receivable within one year | 40/41 | €1,728,761 | €1,261,561 | -€467,200 | -27.0% |
| Trade receivables | 40 | €1,727,761 | €1,261,561 | -€466,200 | -27.0% |
| Other amounts receivable | 41 | €1,000 | €0 | -€1,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €304,183 | €198,547 | -€105,636 | -34.7% |
| Deferred charges and accrued income | 490/1 | €1,317,818 | €1,565,258 | +€247,440 | +18.8% |
| Total equity and liabilities | 10/49 | €12,571,160 | €14,362,412 | +€1.8m | +14.2% |
| Equity | 10/15 | €2,239,346 | €3,141,889 | +€902,543 | +40.3% |
| Contributions | 10/11 | €2,462,000 | €2,462,000 | = | 0.0% |
| Capital | 10 | €2,462,000 | €2,462,000 | = | 0.0% |
| Issued capital | 100 | €2,462,000 | €2,462,000 | = | 0.0% |
| Reserves | 13 | €4,427 | €38,200 | +€33,773 | +763.0% |
| Non-distributable reserves | 130/1 | €4,427 | €38,200 | +€33,773 | +763.0% |
| Legal reserve | 130 | €4,427 | €38,200 | +€33,773 | +763.0% |
| Profit (loss) carried forward | 14 | -€227,081 | €641,689 | +€868,770 | |
| Amounts payable | 17/49 | €10,331,815 | €11,220,523 | +€888,708 | +8.6% |
| Amounts payable within one year | 42/48 | €10,331,815 | €11,220,523 | +€888,708 | +8.6% |
| Trade debts | 44 | €139,702 | €144,756 | +€5,053 | +3.6% |
| Suppliers | 440/4 | €139,702 | €144,756 | +€5,053 | +3.6% |
| Advances received on contracts in progress | 46 | €7,278,161 | €8,576,607 | +€1.3m | +17.8% |
| Taxes, remuneration and social security | 45 | €255,536 | €653,674 | +€398,138 | +155.8% |
| Taxes | 450/3 | €158,576 | €474,450 | +€315,875 | +199.2% |
| Remuneration and social security | 454/9 | €96,960 | €179,223 | +€82,263 | +84.8% |
| Other amounts payable | 47/48 | €2,658,416 | €1,845,486 | -€812,930 | -30.6% |
| Remuneration, social security and pensions | 62 | €1,313,142 | €1,459,789 | +€146,647 | +11.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €228,134 | €209,521 | -€18,613 | -8.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,255 | -€38,342 | -€40,597 | |
| Other operating charges | 640/8 | €53,911 | €91,569 | +€37,658 | +69.9% |
| Gross operating margin | 9900 | €2,105,593 | €3,171,778 | +€1.1m | +50.6% |
| Operating profit (loss) | 9901 | €508,151 | €1,449,241 | +€941,090 | +185.2% |
| Financial income | 75/76B | €4,615 | €18,571 | +€13,957 | +302.4% |
| Recurring financial income | 75 | €4,615 | €18,571 | +€13,957 | +302.4% |
| Financial charges | 65/66B | €139,487 | €88,984 | -€50,503 | -36.2% |
| Recurring financial charges | 65 | €139,487 | €88,984 | -€50,503 | -36.2% |
| Profit (loss) for the period before taxes | 9903 | €373,279 | €1,378,828 | +€1.0m | +269.4% |
| Income taxes | 67/77 | €0 | €476,285 | +€476,285 | |
| Profit (loss) for the period | 9904 | €373,279 | €902,543 | +€529,265 | +141.8% |
| Profit (loss) for the period to be appropriated | 9905 | €373,279 | €902,543 | +€529,265 | +141.8% |
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 5 October 2026 via checked.be.