HAMOFA: 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.
What changed
HAMOFA
NACE 95.313, Repair and fitting of specific motor vehicle parts
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1.3m
2024 · €1.1m+€194,168
Equity
€2.1m
2024 · €1.8m+€312,762
Cash
€97,932
2024 · €295,255-€197,323
Balance sheet total
€13.1m
2024 · €12.6m+€526,347
Largest movements
Assets
- Receivables after one year +€310,289
up €310,289 (+6.2%), from €5.0m to €5.3m
- Receivables within one year +€248,295
up €248,295 (+12.9%), from €1.9m to €2.2m
of which Other amounts receivable: +€135,755
- Cash -€197,323
down €197,323 (-66.8%), from €295,255 to €97,932
mainly Contributions, distributions and other (-€1.0m) and Accrued charges and deferred income (-€731,227)
- Stocks and contracts +€180,667
up €180,667 (+5.5%), from €3.3m to €3.5m
of which Stocks: +€206,385
Equity and liabilities
- Accrued charges and deferred income -€731,227
down €731,227 (-65.0%), from €1.1m to €394,203
- Short-term financial debts +€375,477
up €375,477 (+32.7%), from €1.2m to €1.5m
- Reserves +€312,762
up €312,762 (+18.0%), from €1.7m to €2.1m
- Other debts +€149,940
up €149,940 (+17.6%), from €849,660 to €999,600
- Debts after one year +€131,975
up €131,975 (+17.0%), from €777,048 to €909,023
of which Other amounts payable: +€196,319
Income statement
- Goods and materials -€1.2m
down €1.2m (-15.3%), from €7.7m to €6.5m
of which Change in stocks: decrease (increase): -€632,038
- Turnover -€639,573
down €639,573 (-4.4%), from €14.4m to €13.7m
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.
Result 2024
€1.1m
Turnover
-€639,573
Other operating income
+€51,249
Goods and materials
+€1.2m
Services and other goods
-€36,952
Staff costs
-€50,066
Depreciation
-€79,359
Provisions
+€52,222
Other operating charges
-€5,082
Other operating items
-€297,424
Financial income
-€714
Financial charges
+€92,612
Taxes
-€65,054
Result 2025
€1.3m
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.
From operations
+€853,183
Investment
-€565,583
Financing
-€484,923
Cash 2024
€295,255
From operations (derived)
+€853,183
Net result for the year
+€1.3m
Depreciation
+€587,072
Receivables after one year
-€310,289
Stocks and contracts
-€180,667
Receivables within one year
-€248,295
Deferred charges and accrued income
-€5,909
Provisions
-€13,617
Trade debts
+€115,025
Tax, wage and social debts
+€94,811
Advances received
+€83,576
Other debts
+€149,940
Accrued charges and deferred income
-€731,227
Investment (derived)
-€565,583
Investment in fixed assets (net)
-€565,583
Financing
-€484,923
Debts after one year
+€131,975
Current portion of long-term debt
+€7,624
Short-term financial debts
+€375,477
Contributions, distributions and other
-€1.0m
Cash 2025
€97,932
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,579,201 | €13,105,549 | +€526,347 | +4.2% |
| Fixed assets | 21/28 | €2,087,880 | €2,066,391 | -€21,489 | -1.0% |
| Intangible fixed assets | 21 | €219,044 | €203,579 | -€15,465 | -7.1% |
| Tangible fixed assets | 22/27 | €1,868,546 | €1,862,676 | -€5,869 | -0.3% |
| Plant, machinery and equipment | 23 | €437,135 | €462,327 | +€25,192 | +5.8% |
| Furniture and vehicles | 24 | €260,834 | €303,720 | +€42,886 | +16.4% |
| Leasing and similar rights | 25 | €481,294 | €435,844 | -€45,449 | -9.4% |
| Other tangible fixed assets | 26 | €665,783 | €612,280 | -€53,503 | -8.0% |
| Assets under construction and advance payments | 27 | €23,499 | €48,505 | +€25,006 | +106.4% |
| Financial fixed assets | 28 | €290 | €135 | -€155 | -53.5% |
| Other financial fixed assets | 284/8 | €290 | €135 | -€155 | -53.5% |
| Amounts receivable and cash guarantees | 285/8 | €290 | €135 | -€155 | -53.5% |
| Current assets | 29/58 | €10,491,321 | €11,039,158 | +€547,837 | +5.2% |
| Amounts receivable after more than one year | 29 | €4,969,423 | €5,279,712 | +€310,289 | +6.2% |
| Other amounts receivable | 291 | €4,969,423 | €5,279,712 | +€310,289 | +6.2% |
| Stocks and contracts in progress | 3 | €3,297,260 | €3,477,927 | +€180,667 | +5.5% |
| Stocks | 30/36 | €2,204,841 | €2,411,226 | +€206,385 | +9.4% |
| Goods purchased for resale | 34 | €2,204,841 | €2,411,226 | +€206,385 | +9.4% |
| Contracts in progress | 37 | €1,092,419 | €1,066,701 | -€25,718 | -2.4% |
| Amounts receivable within one year | 40/41 | €1,920,810 | €2,169,105 | +€248,295 | +12.9% |
| Trade receivables | 40 | €1,814,861 | €1,927,401 | +€112,540 | +6.2% |
| Other amounts receivable | 41 | €105,949 | €241,704 | +€135,755 | +128.1% |
| Cash at bank and in hand | 54/58 | €295,255 | €97,932 | -€197,323 | -66.8% |
| Deferred charges and accrued income | 490/1 | €8,573 | €14,481 | +€5,909 | +68.9% |
| Total equity and liabilities | 10/49 | €12,579,201 | €13,105,549 | +€526,347 | +4.2% |
| Equity | 10/15 | €1,756,057 | €2,068,818 | +€312,762 | +17.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,737,457 | €2,050,218 | +€312,762 | +18.0% |
| Distributable reserves | 133 | €1,737,457 | €2,050,218 | +€312,762 | +18.0% |
| Provisions and deferred taxes | 16 | €154,978 | €141,361 | -€13,617 | -8.8% |
| Provisions for liabilities and charges | 160/5 | €154,978 | €141,361 | -€13,617 | -8.8% |
| Other liabilities and charges | 164/5 | €154,978 | €141,361 | -€13,617 | -8.8% |
| Amounts payable | 17/49 | €10,668,167 | €10,895,369 | +€227,203 | +2.1% |
| Amounts payable after more than one year | 17 | €777,048 | €909,023 | +€131,975 | +17.0% |
| Financial debts | 170/4 | €422,699 | €358,355 | -€64,344 | -15.2% |
| Leasing and similar obligations | 172 | €376,717 | €332,905 | -€43,812 | -11.6% |
| Credit institutions | 173 | €45,982 | €25,450 | -€20,532 | -44.7% |
| Other amounts payable | 178/9 | €354,349 | €550,668 | +€196,319 | +55.4% |
| Amounts payable within one year | 42/48 | €8,765,689 | €9,592,143 | +€826,454 | +9.4% |
| Current portion of amounts payable after more than one year | 42 | €91,734 | €99,358 | +€7,624 | +8.3% |
| Financial debts | 43 | €1,150,000 | €1,525,477 | +€375,477 | +32.7% |
| Credit institutions | 430/8 | €1,150,000 | €1,525,477 | +€375,477 | +32.7% |
| Trade debts | 44 | €5,100,744 | €5,215,769 | +€115,025 | +2.3% |
| Suppliers | 440/4 | €5,100,744 | €5,215,769 | +€115,025 | +2.3% |
| Advances received on contracts in progress | 46 | €954,686 | €1,038,262 | +€83,576 | +8.8% |
| Taxes, remuneration and social security | 45 | €618,866 | €713,677 | +€94,811 | +15.3% |
| Taxes | 450/3 | €271,356 | €198,036 | -€73,320 | -27.0% |
| Remuneration and social security | 454/9 | €347,510 | €515,641 | +€168,131 | +48.4% |
| Other amounts payable | 47/48 | €849,660 | €999,600 | +€149,940 | +17.6% |
| Accrued charges and deferred income | 492/3 | €1,125,430 | €394,203 | -€731,227 | -65.0% |
| Operating income | 70/76A | €14,896,499 | €14,008,598 | -€887,901 | -6.0% |
| Turnover | 70 | €14,388,841 | €13,749,268 | -€639,573 | -4.4% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €208,709 | -€25,718 | -€234,427 | |
| Other operating income | 74 | €233,799 | €285,048 | +€51,249 | +21.9% |
| Non-recurring operating income | 76A | €65,150 | €0 | -€65,150 | -100.0% |
| Operating charges | 60/66A | €13,227,110 | €12,171,885 | -€1.1m | -8.0% |
| Goods for resale, raw materials and consumables | 60 | €7,677,661 | €6,505,350 | -€1.2m | -15.3% |
| Purchases | 600/8 | €7,252,007 | €6,711,735 | -€540,272 | -7.4% |
| Change in stocks: decrease (increase) | 609 | €425,654 | -€206,385 | -€632,038 | |
| Services and other goods | 61 | €2,576,826 | €2,613,778 | +€36,952 | +1.4% |
| Remuneration, social security and pensions | 62 | €2,404,351 | €2,454,417 | +€50,066 | +2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €507,713 | €587,072 | +€79,359 | +15.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €38,605 | -€13,617 | -€52,222 | |
| Other operating charges | 640/8 | €19,802 | €24,884 | +€5,082 | +25.7% |
| Non-recurring operating charges | 66A | €2,152 | €0 | -€2,152 | -100.0% |
| Operating profit (loss) | 9901 | €1,669,388 | €1,836,713 | +€167,325 | +10.0% |
| Financial income | 75/76B | €38,527 | €37,812 | -€714 | -1.9% |
| Recurring financial income | 75 | €38,527 | €37,812 | -€714 | -1.9% |
| Income from current assets | 751 | €34,931 | €37,473 | +€2,542 | +7.3% |
| Other financial income | 752/9 | €3,596 | €339 | -€3,256 | -90.6% |
| Financial charges | 65/66B | €197,670 | €105,058 | -€92,612 | -46.9% |
| Recurring financial charges | 65 | €197,670 | €105,058 | -€92,612 | -46.9% |
| Debt charges | 650 | €101,669 | €89,440 | -€12,230 | -12.0% |
| Other financial charges | 652/9 | €96,001 | €15,618 | -€80,382 | -83.7% |
| Profit (loss) for the period before taxes | 9903 | €1,510,245 | €1,769,468 | +€259,223 | +17.2% |
| Income taxes | 67/77 | €391,652 | €456,706 | +€65,054 | +16.6% |
| Taxes | 670/3 | €391,652 | €456,706 | +€65,054 | +16.6% |
| Profit (loss) for the period | 9904 | €1,118,593 | €1,312,762 | +€194,168 | +17.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,118,593 | €1,312,762 | +€194,168 | +17.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.