HAMI: 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.
HAMI
Largest movements
- Tangible fixed assets -€63,536
down €63,536 (-6.2%), from €1.0m to €964,568
- Current portion of long-term debt -€90,922
down €90,922 (-66.8%), from €136,116 to €45,194
- Profit (loss) carried forward +€88,719
up €88,719 (+31.1%), from €285,347 to €374,066
- Debts after one year -€45,553
down €45,553 (-68.7%), from €66,319 to €20,766
- Other operating charges -€24,276
down €24,276 (-26.0%), from €93,509 to €69,233
- Financial charges -€8,725
down €8,725 (-24.5%), from €35,572 to €26,847
- Gross operating margin +€7,972
up €7,972 (+3.5%), from €224,655 to €232,627
- Depreciation -€5,485
down €5,485 (-7.9%), from €69,021 to €63,536
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 | €1,333,921 | €1,273,499 | -€60,422 | -4.5% |
| Fixed assets | 21/28 | €1,297,320 | €1,233,784 | -€63,536 | -4.9% |
| Tangible fixed assets | 22/27 | €1,028,104 | €964,568 | -€63,536 | -6.2% |
| Land and buildings | 22 | €1,028,104 | €964,568 | -€63,536 | -6.2% |
| Financial fixed assets | 28 | €269,215 | €269,215 | = | 0.0% |
| Current assets | 29/58 | €36,601 | €39,715 | +€3,114 | +8.5% |
| Amounts receivable within one year | 40/41 | €6,398 | €11,405 | +€5,008 | +78.3% |
| Other amounts receivable | 41 | €6,398 | €11,405 | +€5,008 | +78.3% |
| Cash at bank and in hand | 54/58 | €30,204 | €28,310 | -€1,894 | -6.3% |
| Total equity and liabilities | 10/49 | €1,333,921 | €1,273,499 | -€60,422 | -4.5% |
| Equity | 10/15 | €469,287 | €548,332 | +€79,045 | +16.8% |
| Contributions | 10/11 | €70,650 | €70,650 | = | 0.0% |
| Capital | 10 | €70,650 | €70,650 | = | 0.0% |
| Issued capital | 100 | €70,650 | €70,650 | = | 0.0% |
| Reserves | 13 | €113,290 | €103,617 | -€9,673 | -8.5% |
| Non-distributable reserves | 130/1 | €7,065 | €7,065 | = | 0.0% |
| Legal reserve | 130 | €7,065 | €7,065 | = | 0.0% |
| Tax-exempt reserves | 132 | €106,225 | €96,552 | -€9,673 | -9.1% |
| Profit (loss) carried forward | 14 | €285,347 | €374,066 | +€88,719 | +31.1% |
| Provisions and deferred taxes | 16 | €67,721 | €61,686 | -€6,034 | -8.9% |
| Deferred taxes | 168 | €67,721 | €61,686 | -€6,034 | -8.9% |
| Amounts payable | 17/49 | €796,914 | €663,481 | -€133,433 | -16.7% |
| Amounts payable after more than one year | 17 | €66,319 | €20,766 | -€45,553 | -68.7% |
| Financial debts | 170/4 | €66,319 | €20,766 | -€45,553 | -68.7% |
| Amounts payable within one year | 42/48 | €730,594 | €642,714 | -€87,880 | -12.0% |
| Current portion of amounts payable after more than one year | 42 | €136,116 | €45,194 | -€90,922 | -66.8% |
| Trade debts | 44 | €711 | - | -€711 | |
| Suppliers | 440/4 | €711 | - | -€711 | |
| Other amounts payable | 47/48 | €593,768 | €597,520 | +€3,752 | +0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €69,021 | €63,536 | -€5,485 | -7.9% |
| Other operating charges | 640/8 | €93,509 | €69,233 | -€24,276 | -26.0% |
| Gross operating margin | 9900 | €224,655 | €232,627 | +€7,972 | +3.5% |
| Operating profit (loss) | 9901 | €62,124 | €99,858 | +€37,734 | +60.7% |
| Financial income | 75/76B | €120 | - | -€120 | |
| Recurring financial income | 75 | €120 | - | -€120 | |
| Financial charges | 65/66B | €35,572 | €26,847 | -€8,725 | -24.5% |
| Recurring financial charges | 65 | €35,572 | €26,847 | -€8,725 | -24.5% |
| Profit (loss) for the period before taxes | 9903 | €26,673 | €73,011 | +€46,338 | +173.7% |
| Transfer from deferred taxes | 780 | €6,034 | €6,034 | = | 0.0% |
| Profit (loss) for the period | 9904 | €32,707 | €79,045 | +€46,338 | +141.7% |
| Transfer from tax-exempt reserves | 789 | €9,673 | €9,673 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €42,380 | €88,719 | +€46,338 | +109.3% |
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 29 September 2026 via checked.be.