HAMILTON CANAL SA: what changed
What changed
HAMILTON CANAL SA
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
filed annual accounts (NBB)
Net result for the year
€290,295
2024 · €162,692+€127,603
Equity
€5.6m
2024 · €5.3m+€290,295
Cash
€24,157
2024 · €91,511-€67,354
Balance sheet total
€9.4m
2024 · €9.5m-€147,407
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Debts after one year -€357,761
down €357,761 (-11.8%), from €3.0m to €2.7m
- Profit (loss) carried forward +€290,295
up €290,295 (+113%), from €255,829 to €546,124
Income statement
- Financial income +€120,000
up €120,000 (+80.0%), from €150,000 to €270,000
- Financial charges -€7,600
down €7,600 (-9.9%), from €76,966 to €69,366
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€162,692
Gross operating margin
-€73
Other operating charges
-€31
Financial income
+€120,000
Financial charges
+€7,600
Taxes
+€107
Result 2025
€290,295
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€202,751
Investment
+€80,053
Financing
-€350,158
Cash 2024
€91,511
From operations (derived)
+€202,751
Net result for the year
+€290,295
Trade debts
+€71
Tax, wage and social debts
+€2,437
Other debts
-€90,053
Investment (derived)
+€80,053
Investment in fixed assets (net)
+€80,053
Financing
-€350,158
Debts after one year
-€357,761
Current portion of long-term debt
+€7,603
Cash 2025
€24,157
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,548,574 | €9,401,167 | -€147,407 | -1.5% |
| Fixed assets | 21/28 | €9,444,963 | €9,364,910 | -€80,053 | -0.8% |
| Financial fixed assets | 28 | €9,444,963 | €9,364,910 | -€80,053 | -0.8% |
| Current assets | 29/58 | €103,611 | €36,257 | -€67,354 | -65.0% |
| Amounts receivable within one year | 40/41 | €12,100 | €12,100 | = | 0.0% |
| Other amounts receivable | 41 | €12,100 | €12,100 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €91,511 | €24,157 | -€67,354 | -73.6% |
| Total equity and liabilities | 10/49 | €9,548,574 | €9,401,167 | -€147,407 | -1.5% |
| Equity | 10/15 | €5,265,079 | €5,555,374 | +€290,295 | +5.5% |
| Contributions | 10/11 | €5,000,000 | €5,000,000 | = | 0.0% |
| Capital | 10 | €5,000,000 | €5,000,000 | = | 0.0% |
| Issued capital | 100 | €5,000,000 | €5,000,000 | = | 0.0% |
| Reserves | 13 | €9,250 | €9,250 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,250 | €9,250 | = | 0.0% |
| Legal reserve | 130 | €9,250 | €9,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | €255,829 | €546,124 | +€290,295 | +113% |
| Amounts payable | 17/49 | €4,283,496 | €3,845,794 | -€437,702 | -10.2% |
| Amounts payable after more than one year | 17 | €3,019,255 | €2,661,494 | -€357,761 | -11.8% |
| Financial debts | 170/4 | €3,019,255 | €2,661,494 | -€357,761 | -11.8% |
| Amounts payable within one year | 42/48 | €1,264,241 | €1,184,300 | -€79,941 | -6.3% |
| Current portion of amounts payable after more than one year | 42 | €350,158 | €357,761 | +€7,603 | +2.2% |
| Trade debts | 44 | €27,364 | €27,435 | +€71 | +0.3% |
| Suppliers | 440/4 | €27,364 | €27,435 | +€71 | +0.3% |
| Taxes, remuneration and social security | 45 | €12,666 | €15,103 | +€2,437 | +19.2% |
| Taxes | 450/3 | €12,666 | €15,103 | +€2,437 | +19.2% |
| Other amounts payable | 47/48 | €874,053 | €784,000 | -€90,053 | -10.3% |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Gross operating margin | 9900 | €98,336 | €98,263 | -€73 | -0.1% |
| Operating profit (loss) | 9901 | €97,369 | €97,264 | -€104 | -0.1% |
| Financial income | 75/76B | €150,000 | €270,000 | +€120,000 | +80.0% |
| Recurring financial income | 75 | €150,000 | €270,000 | +€120,000 | +80.0% |
| Financial charges | 65/66B | €76,966 | €69,366 | -€7,600 | -9.9% |
| Recurring financial charges | 65 | €76,966 | €69,366 | -€7,600 | -9.9% |
| Profit (loss) for the period before taxes | 9903 | €170,403 | €297,899 | +€127,496 | +74.8% |
| Income taxes | 67/77 | €7,710 | €7,603 | -€107 | -1.4% |
| Profit (loss) for the period | 9904 | €162,692 | €290,295 | +€127,603 | +78.4% |
| Profit (loss) for the period to be appropriated | 9905 | €162,692 | €290,295 | +€127,603 | +78.4% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.