Hammond Orgel Centrum: 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.
Hammond Orgel Centrum
Largest movements
- Cash -€35,662
down €35,662 (-22.8%), from €156,183 to €120,521
mainly Current investments (-€26,960) and Trade debts (-€12,818)
- Current investments +€26,960
up €26,960 (+9.5%), from €283,908 to €310,868
- Trade debts -€12,818
down €12,818 (-92.6%), from €13,847 to €1,029
- Gross operating margin +€10,125
up €10,125 (+59.6%), from -€16,982 to -€6,857
- Financial income -€2,976
down €2,976 (-20.4%), from €14,589 to €11,614
of which Financial income: -€3,476
- Taxes +€1,880
new in 2025: €1,880
- Depreciation -€690
down €690 (-23.1%), from €2,983 to €2,293
- Staff costs -€639
no longer reported in 2025 (was €639)
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 | €756,275 | €742,788 | -€13,487 | -1.8% |
| Fixed assets | 21/28 | €302,914 | €300,621 | -€2,293 | -0.8% |
| Tangible fixed assets | 22/27 | €302,914 | €300,621 | -€2,293 | -0.8% |
| Land and buildings | 22 | €300,000 | €300,000 | = | 0.0% |
| Plant, machinery and equipment | 23 | €2,914 | €621 | -€2,293 | -78.7% |
| Current assets | 29/58 | €453,361 | €442,166 | -€11,194 | -2.5% |
| Amounts receivable within one year | 40/41 | €11,010 | €8,518 | -€2,492 | -22.6% |
| Other amounts receivable | 41 | €11,010 | €8,518 | -€2,492 | -22.6% |
| Current investments | 50/53 | €283,908 | €310,868 | +€26,960 | +9.5% |
| Cash at bank and in hand | 54/58 | €156,183 | €120,521 | -€35,662 | -22.8% |
| Deferred charges and accrued income | 490/1 | €2,259 | €2,259 | = | 0.0% |
| Total equity and liabilities | 10/49 | €756,275 | €742,788 | -€13,487 | -1.8% |
| Equity | 10/15 | €716,502 | €716,619 | +€116 | 0.0% |
| Contributions | 10/11 | €619,734 | €619,734 | = | 0.0% |
| Capital | 10 | €619,734 | €619,734 | = | 0.0% |
| Issued capital | 100 | €619,734 | €619,734 | = | 0.0% |
| Reserves | 13 | €93,861 | €93,866 | +€6 | 0.0% |
| Non-distributable reserves | 130/1 | €48,873 | €48,879 | +€6 | 0.0% |
| Legal reserve | 130 | €48,873 | €48,879 | +€6 | 0.0% |
| Tax-exempt reserves | 132 | €27,975 | €27,975 | = | 0.0% |
| Distributable reserves | 133 | €17,013 | €17,013 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,908 | €3,019 | +€111 | +3.8% |
| Provisions and deferred taxes | 16 | €20,000 | €20,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €20,000 | €20,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €20,000 | €20,000 | = | 0.0% |
| Amounts payable | 17/49 | €19,772 | €6,169 | -€13,603 | -68.8% |
| Amounts payable within one year | 42/48 | €13,847 | €2,783 | -€11,064 | -79.9% |
| Trade debts | 44 | €13,847 | €1,029 | -€12,818 | -92.6% |
| Suppliers | 440/4 | €13,847 | €1,029 | -€12,818 | -92.6% |
| Taxes, remuneration and social security | 45 | - | €1,754 | +€1,754 | |
| Taxes | 450/3 | - | €1,754 | +€1,754 | |
| Accrued charges and deferred income | 492/3 | €5,925 | €3,386 | -€2,539 | -42.9% |
| Remuneration, social security and pensions | 62 | €639 | - | -€639 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,983 | €2,293 | -€690 | -23.1% |
| Other operating charges | 640/8 | €361 | €254 | -€106 | -29.5% |
| Gross operating margin | 9900 | -€16,982 | -€6,857 | +€10,125 | +59.6% |
| Operating profit (loss) | 9901 | -€20,965 | -€9,404 | +€11,561 | +55.1% |
| Financial income | 75/76B | €14,589 | €11,614 | -€2,976 | -20.4% |
| Recurring financial income | 75 | €14,589 | €11,114 | -€3,476 | -23.8% |
| Non-recurring financial income | 76B | - | €500 | +€500 | |
| Financial charges | 65/66B | €191 | €214 | +€23 | +12.0% |
| Recurring financial charges | 65 | €191 | €214 | +€23 | +12.0% |
| Profit (loss) for the period before taxes | 9903 | -€6,566 | €1,996 | +€8,562 | |
| Income taxes | 67/77 | - | €1,880 | +€1,880 | |
| Profit (loss) for the period | 9904 | -€6,566 | €116 | +€6,683 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,566 | €116 | +€6,683 |
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 26 October 2026 via checked.be.