HAMEROPHTA: 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.
HAMEROPHTA
Largest movements
- Current investments +€600,000
new in 2025: €600,000
- Cash -€410,541
down €410,541 (-63.8%), from €643,939 to €233,398
mainly Current investments (-€600,000) and Contributions, distributions and other (-€101,000)
- Receivables within one year +€15,448
up €15,448 (+25.8%), from €59,767 to €75,215
- Reserves +€104,000
up €104,000 (+14.9%), from €699,090 to €803,090
- Other debts +€101,000
up €101,000 (+251,306%), from €40 to €101,040
- Gross operating margin +€34,655
up €34,655 (+12.9%), from €269,086 to €303,741
- Taxes +€19,577
up €19,577 (+24.9%), from €78,652 to €98,229
- Financial income +€10,527
up €10,527 (+3,542%), from €297 to €10,824
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 | €729,762 | €936,779 | +€207,016 | +28.4% |
| Fixed assets | 21/28 | €7,627 | €4,437 | -€3,190 | -41.8% |
| Tangible fixed assets | 22/27 | €7,627 | €4,437 | -€3,190 | -41.8% |
| Plant, machinery and equipment | 23 | €7,627 | - | -€7,627 | |
| Furniture and vehicles | 24 | - | €4,437 | +€4,437 | |
| Current assets | 29/58 | €722,135 | €932,342 | +€210,207 | +29.1% |
| Amounts receivable within one year | 40/41 | €59,767 | €75,215 | +€15,448 | +25.8% |
| Other amounts receivable | 41 | €59,767 | €75,215 | +€15,448 | +25.8% |
| Current investments | 50/53 | - | €600,000 | +€600,000 | |
| Cash at bank and in hand | 54/58 | €643,939 | €233,398 | -€410,541 | -63.8% |
| Deferred charges and accrued income | 490/1 | €18,429 | €23,729 | +€5,300 | +28.8% |
| Total equity and liabilities | 10/49 | €729,762 | €936,779 | +€207,016 | +28.4% |
| Equity | 10/15 | €727,473 | €834,710 | +€107,237 | +14.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €699,090 | €803,090 | +€104,000 | +14.9% |
| Distributable reserves | 133 | €699,090 | €803,090 | +€104,000 | +14.9% |
| Profit (loss) carried forward | 14 | €9,783 | €13,020 | +€3,237 | +33.1% |
| Amounts payable | 17/49 | €2,289 | €102,069 | +€99,780 | +4,359% |
| Amounts payable within one year | 42/48 | €2,289 | €102,069 | +€99,780 | +4,359% |
| Trade debts | 44 | €1,501 | €1,029 | -€472 | -31.4% |
| Suppliers | 440/4 | €1,501 | €1,029 | -€472 | -31.4% |
| Taxes, remuneration and social security | 45 | €748 | - | -€748 | |
| Taxes | 450/3 | €748 | - | -€748 | |
| Other amounts payable | 47/48 | €40 | €101,040 | +€101,000 | +251,306% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,091 | €3,190 | -€2,901 | -47.6% |
| Other operating charges | 640/8 | €2,388 | €4,447 | +€2,059 | +86.2% |
| Gross operating margin | 9900 | €269,086 | €303,741 | +€34,655 | +12.9% |
| Operating profit (loss) | 9901 | €260,607 | €296,104 | +€35,497 | +13.6% |
| Financial income | 75/76B | €297 | €10,824 | +€10,527 | +3,542% |
| Recurring financial income | 75 | €297 | €10,824 | +€10,527 | +3,542% |
| Financial charges | 65/66B | €484 | €462 | -€22 | -4.5% |
| Recurring financial charges | 65 | €484 | €462 | -€22 | -4.5% |
| Profit (loss) for the period before taxes | 9903 | €260,420 | €306,466 | +€46,046 | +17.7% |
| Income taxes | 67/77 | €78,652 | €98,229 | +€19,577 | +24.9% |
| Profit (loss) for the period | 9904 | €181,768 | €208,237 | +€26,469 | +14.6% |
| Profit (loss) for the period to be appropriated | 9905 | €181,768 | €208,237 | +€26,469 | +14.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.