HAMERS-DOCHEZ: 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.
HAMERS-DOCHEZ
Largest movements
- Tangible fixed assets +€769,899
up €769,899 (+162%), from €474,768 to €1.2m
of which Land and buildings: +€771,912
- Cash -€29,495
down €29,495 (-55.5%), from €53,163 to €23,669
mainly Investment in fixed assets (net) (-€798,706) and Net result for the year (-€76,679)
- Receivables within one year -€16,765
down €16,765 (-47.8%), from €35,072 to €18,307
of which Trade receivables: -€19,608
- Revaluation surpluses +€774,758
new in 2025: €774,758
- Reserves -€76,679
down €76,679 (-57.3%), from €133,878 to €57,199
of which Distributable reserves: -€76,679
- Debts after one year +€25,000
up €25,000 (+143%), from €17,528 to €42,528
- Gross operating margin -€92,358
down €92,358, from €46,025 to -€46,333
- Write-downs -€11,155
down €11,155, from €8,655 to -€2,500
- Depreciation -€2,027
down €2,027 (-6.6%), from €30,834 to €28,807
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 | €585,817 | €1,307,879 | +€722,063 | +123% |
| Fixed assets | 21/28 | €474,768 | €1,244,667 | +€769,899 | +162% |
| Tangible fixed assets | 22/27 | €474,768 | €1,244,667 | +€769,899 | +162% |
| Land and buildings | 22 | €389,576 | €1,161,488 | +€771,912 | +198% |
| Plant, machinery and equipment | 23 | €8,238 | €26,526 | +€18,289 | +222% |
| Furniture and vehicles | 24 | €6,122 | €4,703 | -€1,419 | -23.2% |
| Leasing and similar rights | 25 | €70,832 | €51,949 | -€18,883 | -26.7% |
| Current assets | 29/58 | €111,048 | €63,212 | -€47,837 | -43.1% |
| Stocks and contracts in progress | 3 | €1,177 | €188 | -€989 | -84.0% |
| Stocks | 30/36 | €1,177 | €188 | -€989 | -84.0% |
| Amounts receivable within one year | 40/41 | €35,072 | €18,307 | -€16,765 | -47.8% |
| Trade receivables | 40 | €32,384 | €12,776 | -€19,608 | -60.5% |
| Other amounts receivable | 41 | €2,688 | €5,531 | +€2,843 | +106% |
| Current investments | 50/53 | €15,000 | €15,122 | +€122 | +0.8% |
| Cash at bank and in hand | 54/58 | €53,163 | €23,669 | -€29,495 | -55.5% |
| Deferred charges and accrued income | 490/1 | €6,636 | €5,927 | -€709 | -10.7% |
| Total equity and liabilities | 10/49 | €585,817 | €1,307,879 | +€722,063 | +123% |
| Equity | 10/15 | €555,128 | €1,253,207 | +€698,079 | +126% |
| Contributions | 10/11 | €421,250 | €421,250 | = | 0.0% |
| Revaluation surpluses | 12 | - | €774,758 | +€774,758 | |
| Reserves | 13 | €133,878 | €57,199 | -€76,679 | -57.3% |
| Tax-exempt reserves | 132 | €12,697 | €12,697 | = | 0.0% |
| Distributable reserves | 133 | €121,181 | €44,502 | -€76,679 | -63.3% |
| Amounts payable | 17/49 | €30,689 | €54,673 | +€23,984 | +78.2% |
| Amounts payable after more than one year | 17 | €17,528 | €42,528 | +€25,000 | +143% |
| Financial debts | 170/4 | €17,528 | €42,528 | +€25,000 | +143% |
| Amounts payable within one year | 42/48 | €11,290 | €12,145 | +€855 | +7.6% |
| Trade debts | 44 | €2,128 | €1,049 | -€1,079 | -50.7% |
| Suppliers | 440/4 | €2,128 | €1,049 | -€1,079 | -50.7% |
| Taxes, remuneration and social security | 45 | €5,713 | €2,369 | -€3,344 | -58.5% |
| Taxes | 450/3 | €5,713 | €2,369 | -€3,344 | -58.5% |
| Other amounts payable | 47/48 | €3,450 | €8,728 | +€5,278 | +153% |
| Accrued charges and deferred income | 492/3 | €1,871 | - | -€1,871 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,834 | €28,807 | -€2,027 | -6.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €8,655 | -€2,500 | -€11,155 | |
| Other operating charges | 640/8 | €3,862 | €3,598 | -€264 | -6.8% |
| Non-recurring operating charges | 66A | €4,614 | - | -€4,614 | |
| Gross operating margin | 9900 | €46,025 | -€46,333 | -€92,358 | |
| Operating profit (loss) | 9901 | -€1,941 | -€76,239 | -€74,298 | -3,828% |
| Financial income | 75/76B | €156 | €122 | -€34 | -21.8% |
| Recurring financial income | 75 | €156 | €122 | -€34 | -21.8% |
| Financial charges | 65/66B | €188 | €166 | -€22 | -11.7% |
| Recurring financial charges | 65 | €188 | €166 | -€22 | -11.7% |
| Profit (loss) for the period before taxes | 9903 | -€1,973 | -€76,283 | -€74,310 | -3,766% |
| Income taxes | 67/77 | €380 | €396 | +€16 | +4.2% |
| Profit (loss) for the period | 9904 | -€2,353 | -€76,679 | -€74,326 | -3,158% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,353 | -€76,679 | -€74,326 | -3,158% |
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 27 October 2026 via checked.be.