HAMMERING: 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.
HAMMERING
Largest movements
- Receivables within one year +€58,893
up €58,893 (+23.1%), from €255,051 to €313,944
of which Other amounts receivable: +€45,000
- Reserves +€200,000
up €200,000 (+99.1%), from €201,859 to €401,859
of which Distributable reserves: +€200,000
- Profit (loss) carried forward -€178,317
down €178,317 (-17.4%), from €1.0m to €846,408
- Tax, wage and social debts +€21,900
up €21,900 (+105.0%), from €20,865 to €42,765
- Financial income +€25,000
new in 2024: €25,000
- Depreciation +€5,980
up €5,980 (+123.7%), from €4,833 to €10,813
- Purchases and services +€3,936
new in 2024: €3,936
- Gross operating margin -€2,211
down €2,211 (-22.7%), from €9,757 to €7,546
- Taxes -€2,094
down €2,094 (-9.5%), from €22,094 to €20,000
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,730,693 | €1,778,774 | +€48,080 | +2.8% |
| Fixed assets | 21/28 | €1,475,451 | €1,464,638 | -€10,813 | -0.7% |
| Tangible fixed assets | 22/27 | €274,382 | €263,569 | -€10,813 | -3.9% |
| Land and buildings | 22 | €274,382 | €263,569 | -€10,813 | -3.9% |
| Financial fixed assets | 28 | €1,201,069 | €1,201,069 | = | 0.0% |
| Current assets | 29/58 | €255,243 | €314,136 | +€58,893 | +23.1% |
| Amounts receivable within one year | 40/41 | €255,051 | €313,944 | +€58,893 | +23.1% |
| Trade receivables | 40 | €236,489 | €250,382 | +€13,893 | +5.9% |
| Other amounts receivable | 41 | €18,562 | €63,562 | +€45,000 | +242.4% |
| Cash at bank and in hand | 54/58 | €192 | €192 | = | 0.0% |
| Total equity and liabilities | 10/49 | €1,730,693 | €1,778,774 | +€48,080 | +2.8% |
| Equity | 10/15 | €1,239,227 | €1,260,910 | +€21,683 | +1.7% |
| Contributions | 10/11 | €12,643 | €12,643 | = | 0.0% |
| Capital | 10 | €12,643 | €12,643 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Uncalled capital | 101 | €5,949 | €5,949 | = | 0.0% |
| Reserves | 13 | €201,859 | €401,859 | +€200,000 | +99.1% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €200,000 | €400,000 | +€200,000 | +100.0% |
| Profit (loss) carried forward | 14 | €1,024,725 | €846,408 | -€178,317 | -17.4% |
| Amounts payable | 17/49 | €491,466 | €517,864 | +€26,398 | +5.4% |
| Amounts payable within one year | 42/48 | €491,466 | €517,864 | +€26,398 | +5.4% |
| Trade debts | 44 | €3,241 | €7,739 | +€4,498 | +138.8% |
| Suppliers | 440/4 | €3,241 | €7,739 | +€4,498 | +138.8% |
| Taxes, remuneration and social security | 45 | €20,865 | €42,765 | +€21,900 | +105.0% |
| Taxes | 450/3 | €20,865 | €42,765 | +€21,900 | +105.0% |
| Other amounts payable | 47/48 | €467,360 | €467,360 | = | 0.0% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €3,936 | +€3,936 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,833 | €10,813 | +€5,980 | +123.7% |
| Other operating charges | 640/8 | €1,024 | €50 | -€974 | -95.1% |
| Gross operating margin | 9900 | €9,757 | €7,546 | -€2,211 | -22.7% |
| Operating profit (loss) | 9901 | €3,900 | -€3,317 | -€7,217 | |
| Financial income | 75/76B | - | €25,000 | +€25,000 | |
| Recurring financial income | 75 | - | €25,000 | +€25,000 | |
| Financial charges | 65/66B | €206 | - | -€206 | |
| Recurring financial charges | 65 | €206 | - | -€206 | |
| Profit (loss) for the period before taxes | 9903 | €3,693 | €21,683 | +€17,989 | +487.1% |
| Income taxes | 67/77 | €22,094 | €20,000 | -€2,094 | -9.5% |
| Profit (loss) for the period | 9904 | -€18,401 | €1,683 | +€20,084 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,401 | €1,683 | +€20,084 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.