HAMMOUD BUSINESS: what changed
What changed
HAMMOUD BUSINESS
filed annual accounts (NBB)
Net result for the year
€30,008
2024 · €53,928-€23,920
Equity
€367,810
2024 · €337,802+€30,008
Cash
€203,130
2024 · €71,541+€131,589
Balance sheet total
€3.3m
2024 · €3.0m+€236,069
Largest movements
Assets
- Cash +€131,589
up €131,589 (+184%), from €71,541 to €203,130
mainly Debts after one year (+€195,640) and Depreciation (+€61,020)
- Tangible fixed assets +€127,980
up €127,980 (+5.7%), from €2.2m to €2.4m
Equity and liabilities
- Debts after one year +€195,640
up €195,640 (+7.6%), from €2.6m to €2.8m
of which Other amounts payable: +€117,193
Income statement
- Financial charges -€34,708
down €34,708 (-75.9%), from €45,736 to €11,028
- Financial income -€30,000
down €30,000 (-100%), from €30,000 to €0
- Other operating charges +€23,501
up €23,501 (+125%), from €18,777 to €42,278
- Taxes +€4,887
up €4,887 (+95.5%), from €5,116 to €10,003
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
€53,928
Gross operating margin
-€1,204
Depreciation
+€964
Other operating charges
-€23,501
Financial income
-€30,000
Financial charges
+€34,708
Taxes
-€4,887
Result 2025
€30,008
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
+€115,923
Investment
-€189,000
Financing
+€204,665
Cash 2024
€71,541
From operations (derived)
+€115,923
Net result for the year
+€30,008
Depreciation
+€61,020
Receivables after one year
+€11,100
Receivables within one year
+€13,854
Deferred charges and accrued income
-€1,454
Trade debts
+€2,759
Tax, wage and social debts
-€1,363
Investment (derived)
-€189,000
Investment in fixed assets (net)
-€189,000
Financing
+€204,665
Debts after one year
+€195,640
Current portion of long-term debt
+€9,025
Cash 2025
€203,130
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,019,548 | €3,255,617 | +€236,069 | +7.8% |
| Fixed assets | 21/28 | €2,727,365 | €2,855,346 | +€127,980 | +4.7% |
| Tangible fixed assets | 22/27 | €2,229,365 | €2,357,346 | +€127,980 | +5.7% |
| Land and buildings | 22 | €2,229,365 | €2,357,346 | +€127,980 | +5.7% |
| Financial fixed assets | 28 | €498,000 | €498,000 | = | 0.0% |
| Current assets | 29/58 | €292,182 | €400,271 | +€108,089 | +37.0% |
| Amounts receivable after more than one year | 29 | €205,100 | €194,000 | -€11,100 | -5.4% |
| Trade receivables | 290 | €0 | - | = | |
| Other amounts receivable | 291 | €205,100 | €194,000 | -€11,100 | -5.4% |
| Amounts receivable within one year | 40/41 | €13,854 | €0 | -€13,854 | -100% |
| Other amounts receivable | 41 | €13,854 | €0 | -€13,854 | -100% |
| Cash at bank and in hand | 54/58 | €71,541 | €203,130 | +€131,589 | +184% |
| Deferred charges and accrued income | 490/1 | €1,687 | €3,141 | +€1,454 | +86.1% |
| Total equity and liabilities | 10/49 | €3,019,548 | €3,255,617 | +€236,069 | +7.8% |
| Equity | 10/15 | €337,802 | €367,810 | +€30,008 | +8.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €319,202 | €349,210 | +€30,008 | +9.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €317,342 | €347,350 | +€30,008 | +9.5% |
| Amounts payable | 17/49 | €2,681,746 | €2,887,807 | +€206,061 | +7.7% |
| Amounts payable after more than one year | 17 | €2,583,528 | €2,779,168 | +€195,640 | +7.6% |
| Financial debts | 170/4 | €500,603 | €579,050 | +€78,447 | +15.7% |
| Other amounts payable | 178/9 | €2,082,925 | €2,200,118 | +€117,193 | +5.6% |
| Amounts payable within one year | 42/48 | €62,518 | €72,938 | +€10,421 | +16.7% |
| Current portion of amounts payable after more than one year | 42 | €54,269 | €63,294 | +€9,025 | +16.6% |
| Trade debts | 44 | €1,644 | €4,403 | +€2,759 | +168% |
| Suppliers | 440/4 | €1,644 | €4,403 | +€2,759 | +168% |
| Taxes, remuneration and social security | 45 | €1,366 | €3 | -€1,363 | -99.8% |
| Taxes | 450/3 | €1,366 | €3 | -€1,363 | -99.8% |
| Other amounts payable | 47/48 | €5,239 | €5,239 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €35,700 | €35,700 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,983 | €61,020 | -€964 | -1.6% |
| Other operating charges | 640/8 | €18,777 | €42,278 | +€23,501 | +125% |
| Gross operating margin | 9900 | €155,540 | €154,337 | -€1,204 | -0.8% |
| Operating profit (loss) | 9901 | €74,780 | €51,039 | -€23,741 | -31.7% |
| Financial income | 75/76B | €30,000 | €0 | -€30,000 | -100% |
| Recurring financial income | 75 | €30,000 | €0 | -€30,000 | -100% |
| Financial charges | 65/66B | €45,736 | €11,028 | -€34,708 | -75.9% |
| Recurring financial charges | 65 | €45,736 | €11,028 | -€34,708 | -75.9% |
| Profit (loss) for the period before taxes | 9903 | €59,044 | €40,011 | -€19,033 | -32.2% |
| Income taxes | 67/77 | €5,116 | €10,003 | +€4,887 | +95.5% |
| Profit (loss) for the period | 9904 | €53,928 | €30,008 | -€23,920 | -44.4% |
| Profit (loss) for the period to be appropriated | 9905 | €53,928 | €30,008 | -€23,920 | -44.4% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
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 6 November 2026 via checked.be.