HAMERS-SIMONS: 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.
HAMERS-SIMONS
Largest movements
- Cash +€61,954
up €61,954 (+51.6%), from €119,960 to €181,914
mainly Other debts (+€99,824) and Net result for the year (+€87,580)
- Tangible fixed assets +€7,431
up €7,431 (+3.3%), from €222,297 to €229,728
of which Plant, machinery and equipment: +€11,072
- Other debts +€99,824
new in 2025: €99,824
- Reserves -€27,920
down €27,920 (-24.1%), from €115,884 to €87,965
- Debts after one year -€11,263
down €11,263 (-6.9%), from €164,245 to €152,982
- Accrued charges and deferred income +€4,500
up €4,500 (+62.1%), from €7,245 to €11,745
- Gross operating margin +€75,738
up €75,738 (+126.7%), from €59,773 to €135,510
- Taxes +€14,858
up €14,858 (+122.0%), from €12,175 to €27,034
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 | €358,284 | €424,146 | +€65,862 | +18.4% |
| Fixed assets | 21/28 | €222,297 | €229,728 | +€7,431 | +3.3% |
| Tangible fixed assets | 22/27 | €222,297 | €229,728 | +€7,431 | +3.3% |
| Land and buildings | 22 | €217,739 | €209,864 | -€7,875 | -3.6% |
| Plant, machinery and equipment | 23 | €3,662 | €14,734 | +€11,072 | +302.3% |
| Furniture and vehicles | 24 | €896 | €5,130 | +€4,234 | +472.7% |
| Current assets | 29/58 | €135,987 | €194,418 | +€58,431 | +43.0% |
| Amounts receivable within one year | 40/41 | €12,740 | €10,046 | -€2,694 | -21.1% |
| Trade receivables | 40 | €72 | €1,221 | +€1,149 | +1596.4% |
| Other amounts receivable | 41 | €12,668 | €8,824 | -€3,844 | -30.3% |
| Cash at bank and in hand | 54/58 | €119,960 | €181,914 | +€61,954 | +51.6% |
| Deferred charges and accrued income | 490/1 | €3,288 | €2,459 | -€829 | -25.2% |
| Total equity and liabilities | 10/49 | €358,284 | €424,146 | +€65,862 | +18.4% |
| Equity | 10/15 | €165,884 | €137,965 | -€27,920 | -16.8% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €115,884 | €87,965 | -€27,920 | -24.1% |
| Distributable reserves | 133 | €115,884 | €87,965 | -€27,920 | -24.1% |
| Amounts payable | 17/49 | €192,400 | €286,181 | +€93,781 | +48.7% |
| Amounts payable after more than one year | 17 | €164,245 | €152,982 | -€11,263 | -6.9% |
| Financial debts | 170/4 | €164,245 | €152,982 | -€11,263 | -6.9% |
| Amounts payable within one year | 42/48 | €20,910 | €121,455 | +€100,545 | +480.8% |
| Current portion of amounts payable after more than one year | 42 | €12,533 | €11,263 | -€1,269 | -10.1% |
| Trade debts | 44 | €3,837 | €7,040 | +€3,203 | +83.5% |
| Suppliers | 440/4 | €3,837 | €7,040 | +€3,203 | +83.5% |
| Taxes, remuneration and social security | 45 | €4,540 | €3,328 | -€1,212 | -26.7% |
| Taxes | 450/3 | €1,255 | €43 | -€1,212 | -96.6% |
| Remuneration and social security | 454/9 | €3,285 | €3,285 | = | 0.0% |
| Other amounts payable | 47/48 | - | €99,824 | +€99,824 | |
| Accrued charges and deferred income | 492/3 | €7,245 | €11,745 | +€4,500 | +62.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,345 | €12,347 | +€1,002 | +8.8% |
| Other operating charges | 640/8 | €2,505 | €2,542 | +€37 | +1.5% |
| Gross operating margin | 9900 | €59,773 | €135,510 | +€75,738 | +126.7% |
| Operating profit (loss) | 9901 | €45,923 | €120,621 | +€74,698 | +162.7% |
| Financial income | 75/76B | €175 | €14 | -€161 | -92.0% |
| Recurring financial income | 75 | €175 | €14 | -€161 | -92.0% |
| Financial charges | 65/66B | €5,156 | €6,021 | +€865 | +16.8% |
| Recurring financial charges | 65 | €5,156 | €6,021 | +€865 | +16.8% |
| Profit (loss) for the period before taxes | 9903 | €40,941 | €114,614 | +€73,673 | +179.9% |
| Income taxes | 67/77 | €12,175 | €27,034 | +€14,858 | +122.0% |
| Profit (loss) for the period | 9904 | €28,766 | €87,580 | +€58,814 | +204.5% |
| Profit (loss) for the period to be appropriated | 9905 | €28,766 | €87,580 | +€58,814 | +204.5% |
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 4 October 2026 via checked.be.