HAMID P.N: 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.
HAMID P.N
Largest movements
- Tangible fixed assets +€2,302
up €2,302 (+91.5%), from €2,516 to €4,818
of which Land and buildings: +€1,915
- Receivables within one year +€1,147
up €1,147 (+9,439%), from €12 to €1,159
of which Other amounts receivable: +€647
- Cash -€611
no longer reported in 2025 (was €611)
mainly Net result for the year (-€3,001) and Investment in fixed assets (net) (-€2,834)
- Stocks and contracts +€406
up €406 (+33.7%), from €1,205 to €1,610
- Deferred charges and accrued income +€127
up €127 (+31.4%), from €406 to €533
- Other debts +€7,733
up €7,733 (+144%), from €5,380 to €13,112
- Tax, wage and social debts +€3,781
up €3,781 (+181%), from €2,088 to €5,870
of which Remuneration and social security: +€3,900
- Profit (loss) carried forward -€3,001
down €3,001 (-18.4%), from -€16,333 to -€19,334
- Current portion of long-term debt -€2,260
down €2,260 (-65.4%), from €3,453 to €1,193
- Trade debts -€1,768
down €1,768 (-69.3%), from €2,552 to €784
- Gross operating margin -€4,625
down €4,625 (-92.2%), from €5,015 to €390
- Financial charges +€369
up €369 (+22.5%), from €1,640 to €2,009
of which Non-recurring financial charges: +€577
- Depreciation -€264
down €264 (-33.2%), from €797 to €533
- Financial income +€150
new in 2025: €150
- Taxes +€130
new in 2025: €130
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 | €5,005 | €8,375 | +€3,370 | +67.3% |
| Fixed assets | 21/28 | €2,771 | €5,073 | +€2,302 | +83.0% |
| Tangible fixed assets | 22/27 | €2,516 | €4,818 | +€2,302 | +91.5% |
| Land and buildings | 22 | €2,516 | €4,432 | +€1,915 | +76.1% |
| Furniture and vehicles | 24 | - | €386 | +€386 | |
| Financial fixed assets | 28 | €255 | €255 | = | 0.0% |
| Current assets | 29/58 | €2,234 | €3,302 | +€1,068 | +47.8% |
| Stocks and contracts in progress | 3 | €1,205 | €1,610 | +€406 | +33.7% |
| Stocks | 30/36 | €1,205 | €1,610 | +€406 | +33.7% |
| Amounts receivable within one year | 40/41 | €12 | €1,159 | +€1,147 | +9,439% |
| Trade receivables | 40 | - | €500 | +€500 | |
| Other amounts receivable | 41 | €12 | €659 | +€647 | +5,323% |
| Cash at bank and in hand | 54/58 | €611 | - | -€611 | |
| Deferred charges and accrued income | 490/1 | €406 | €533 | +€127 | +31.4% |
| Total equity and liabilities | 10/49 | €5,005 | €8,375 | +€3,370 | +67.3% |
| Equity | 10/15 | -€9,661 | -€12,662 | -€3,001 | -31.1% |
| Contributions | 10/11 | €6,672 | €6,672 | = | 0.0% |
| Contributions outside capital | 11 | €6,672 | €6,672 | = | 0.0% |
| Other | 1109/19 | €6,672 | €6,672 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,333 | -€19,334 | -€3,001 | -18.4% |
| Amounts payable | 17/49 | €14,666 | €21,037 | +€6,371 | +43.4% |
| Amounts payable after more than one year | 17 | €1,193 | - | -€1,193 | |
| Financial debts | 170/4 | €1,193 | - | -€1,193 | |
| Amounts payable within one year | 42/48 | €13,473 | €21,037 | +€7,564 | +56.1% |
| Current portion of amounts payable after more than one year | 42 | €3,453 | €1,193 | -€2,260 | -65.4% |
| Financial debts | 43 | - | €78 | +€78 | |
| Credit institutions | 430/8 | - | €78 | +€78 | |
| Trade debts | 44 | €2,552 | €784 | -€1,768 | -69.3% |
| Suppliers | 440/4 | €2,552 | €784 | -€1,768 | -69.3% |
| Taxes, remuneration and social security | 45 | €2,088 | €5,870 | +€3,781 | +181% |
| Taxes | 450/3 | €320 | €201 | -€119 | -37.1% |
| Remuneration and social security | 454/9 | €1,768 | €5,668 | +€3,900 | +221% |
| Other amounts payable | 47/48 | €5,380 | €13,112 | +€7,733 | +144% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €797 | €533 | -€264 | -33.2% |
| Other operating charges | 640/8 | €865 | €869 | +€4 | +0.5% |
| Gross operating margin | 9900 | €5,015 | €390 | -€4,625 | -92.2% |
| Operating profit (loss) | 9901 | €3,353 | -€1,011 | -€4,364 | |
| Financial income | 75/76B | - | €150 | +€150 | |
| Recurring financial income | 75 | - | €150 | +€150 | |
| Financial charges | 65/66B | €1,640 | €2,009 | +€369 | +22.5% |
| Recurring financial charges | 65 | €1,640 | €1,432 | -€208 | -12.7% |
| Non-recurring financial charges | 66B | - | €577 | +€577 | |
| Profit (loss) for the period before taxes | 9903 | €1,713 | -€2,870 | -€4,584 | |
| Income taxes | 67/77 | - | €130 | +€130 | |
| Profit (loss) for the period | 9904 | €1,713 | -€3,001 | -€4,714 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,713 | -€3,001 | -€4,714 |
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 16 October 2026 via checked.be.