HAMMER DISTRIBUTION BE: 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.
HAMMER DISTRIBUTION BE
Largest movements
- Cash -€1.4m
down €1.4m (-99.8%), from €1.4m to €2,311
mainly Trade debts (-€1.1m) and Receivables within one year (-€357,641)
- Receivables within one year +€357,641
up €357,641 (+14.9%), from €2.4m to €2.8m
of which Other amounts receivable: +€1.2m
- Tangible fixed assets +€115,530
up €115,530 (+530.1%), from €21,792 to €137,322
of which Leasing and similar rights: +€111,274
- Trade debts -€1.1m
down €1.1m (-64.7%), from €1.7m to €588,549
- Tax, wage and social debts -€186,377
down €186,377 (-66.8%), from €278,894 to €92,517
of which Taxes: -€194,318
- Debts after one year +€112,521
up €112,521 (+630.5%), from €17,846 to €130,367
- Reserves +€80,714
up €80,714 (+14.4%), from €559,802 to €640,516
of which Distributable reserves: +€80,714
- Advances received +€66,807
up €66,807 (+334037350.0%), from €0 to €66,807
- Gross operating margin +€76,424
up €76,424 (+12.8%), from €597,673 to €674,097
- Staff costs +€54,994
up €54,994 (+11.6%), from €475,279 to €530,273
- Financial income +€29,420
new in 2025: €29,420
- Depreciation +€27,610
up €27,610 (+109.8%), from €25,147 to €52,757
- Other operating charges -€19,442
down €19,442 (-99.0%), from €19,636 to €194
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 | €3,862,852 | €2,908,822 | -€954,030 | -24.7% |
| Fixed assets | 21/28 | €21,792 | €137,322 | +€115,530 | +530.1% |
| Tangible fixed assets | 22/27 | €21,792 | €137,322 | +€115,530 | +530.1% |
| Furniture and vehicles | 24 | - | €4,256 | +€4,256 | |
| Leasing and similar rights | 25 | €21,792 | €133,066 | +€111,274 | +510.6% |
| Current assets | 29/58 | €3,841,060 | €2,771,500 | -€1.1m | -27.8% |
| Stocks and contracts in progress | 3 | €12,762 | €6,563 | -€6,199 | -48.6% |
| Stocks | 30/36 | €12,762 | €6,563 | -€6,199 | -48.6% |
| Amounts receivable within one year | 40/41 | €2,404,985 | €2,762,626 | +€357,641 | +14.9% |
| Trade receivables | 40 | €1,328,434 | €437,331 | -€891,103 | -67.1% |
| Other amounts receivable | 41 | €1,076,551 | €2,325,295 | +€1.2m | +116.0% |
| Cash at bank and in hand | 54/58 | €1,423,314 | €2,311 | -€1.4m | -99.8% |
| Total equity and liabilities | 10/49 | €3,862,852 | €2,908,822 | -€954,030 | -24.7% |
| Equity | 10/15 | €578,352 | €659,066 | +€80,714 | +14.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €559,802 | €640,516 | +€80,714 | +14.4% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €557,947 | €638,661 | +€80,714 | +14.5% |
| Amounts payable | 17/49 | €3,284,501 | €2,249,757 | -€1.0m | -31.5% |
| Amounts payable after more than one year | 17 | €17,846 | €130,367 | +€112,521 | +630.5% |
| Financial debts | 170/4 | €17,846 | €130,367 | +€112,521 | +630.5% |
| Amounts payable within one year | 42/48 | €3,261,654 | €2,114,389 | -€1.1m | -35.2% |
| Trade debts | 44 | €1,667,423 | €588,549 | -€1.1m | -64.7% |
| Suppliers | 440/4 | €1,667,423 | €588,549 | -€1.1m | -64.7% |
| Advances received on contracts in progress | 46 | €0 | €66,807 | +€66,807 | +334037350.0% |
| Taxes, remuneration and social security | 45 | €278,894 | €92,517 | -€186,377 | -66.8% |
| Taxes | 450/3 | €230,571 | €36,253 | -€194,318 | -84.3% |
| Remuneration and social security | 454/9 | €48,323 | €56,264 | +€7,941 | +16.4% |
| Other amounts payable | 47/48 | €1,315,337 | €1,366,516 | +€51,179 | +3.9% |
| Accrued charges and deferred income | 492/3 | €5,000 | €5,000 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €475,279 | €530,273 | +€54,994 | +11.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,147 | €52,757 | +€27,610 | +109.8% |
| Other operating charges | 640/8 | €19,636 | €194 | -€19,442 | -99.0% |
| Gross operating margin | 9900 | €597,673 | €674,097 | +€76,424 | +12.8% |
| Operating profit (loss) | 9901 | €77,611 | €90,873 | +€13,262 | +17.1% |
| Financial income | 75/76B | - | €29,420 | +€29,420 | |
| Recurring financial income | 75 | - | €29,420 | +€29,420 | |
| Financial charges | 65/66B | €2,135 | €3,326 | +€1,191 | +55.8% |
| Recurring financial charges | 65 | €2,135 | €3,326 | +€1,191 | +55.8% |
| Profit (loss) for the period before taxes | 9903 | €75,476 | €116,967 | +€41,491 | +55.0% |
| Income taxes | 67/77 | €23,931 | €36,253 | +€12,322 | +51.5% |
| Profit (loss) for the period | 9904 | €51,545 | €80,714 | +€29,169 | +56.6% |
| Profit (loss) for the period to be appropriated | 9905 | €51,545 | €80,714 | +€29,169 | +56.6% |
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 11 October 2026 via checked.be.