HAMOFA BRAND BUILDERS: 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.
HAMOFA BRAND BUILDERS
Largest movements
- Receivables within one year +€359,140
up €359,140 (+262%), from €137,239 to €496,378
of which Trade receivables: +€352,658
- Cash +€40,702
up €40,702 (+327%), from €12,457 to €53,159
mainly Trade debts (+€147,010) and Debts after one year (+€142,882)
- Intangible fixed assets +€28,837
up €28,837 (+13.4%), from €215,224 to €244,060
- Stocks and contracts +€10,450
up €10,450 (+131%), from €8,000 to €18,450
- Trade debts +€147,010
up €147,010 (+151%), from €97,640 to €244,650
- Debts after one year +€142,882
up €142,882 (+43.3%), from €329,913 to €472,795
of which Other amounts payable: +€152,431
- Tax, wage and social debts +€119,729
up €119,729 (+269%), from €44,466 to €164,195
of which Taxes: +€67,567
- Advances received +€27,291
up €27,291 (+37,555%), from €73 to €27,364
- Reserves +€15,002
up €15,002 (+368%), from €4,075 to €19,077
- Gross operating margin +€201,696
up €201,696 (+64.8%), from €311,470 to €513,166
- Staff costs +€162,465
up €162,465 (+70.8%), from €229,588 to €392,053
- Depreciation +€11,666
up €11,666 (+18.3%), from €63,832 to €75,497
- Financial charges +€8,424
up €8,424 (+87.3%), from €9,645 to €18,068
- Taxes +€6,693
up €6,693 (+234%), from €2,859 to €9,552
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 | €491,276 | €943,629 | +€452,353 | +92.1% |
| Fixed assets | 21/28 | €331,442 | €365,444 | +€34,002 | +10.3% |
| Intangible fixed assets | 21 | €215,224 | €244,060 | +€28,837 | +13.4% |
| Tangible fixed assets | 22/27 | €116,218 | €121,384 | +€5,166 | +4.4% |
| Plant, machinery and equipment | 23 | €38,380 | €46,898 | +€8,518 | +22.2% |
| Furniture and vehicles | 24 | €61,913 | €50,899 | -€11,014 | -17.8% |
| Other tangible fixed assets | 26 | €15,924 | €23,587 | +€7,662 | +48.1% |
| Current assets | 29/58 | €159,835 | €578,185 | +€418,350 | +262% |
| Stocks and contracts in progress | 3 | €8,000 | €18,450 | +€10,450 | +131% |
| Stocks | 30/36 | €8,000 | €18,450 | +€10,450 | +131% |
| Amounts receivable within one year | 40/41 | €137,239 | €496,378 | +€359,140 | +262% |
| Trade receivables | 40 | €130,430 | €483,088 | +€352,658 | +270% |
| Other amounts receivable | 41 | €6,809 | €13,290 | +€6,481 | +95.2% |
| Cash at bank and in hand | 54/58 | €12,457 | €53,159 | +€40,702 | +327% |
| Deferred charges and accrued income | 490/1 | €2,140 | €10,198 | +€8,058 | +377% |
| Total equity and liabilities | 10/49 | €491,276 | €943,629 | +€452,353 | +92.1% |
| Equity | 10/15 | €10,075 | €25,077 | +€15,002 | +149% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €4,075 | €19,077 | +€15,002 | +368% |
| Distributable reserves | 133 | €4,075 | €19,077 | +€15,002 | +368% |
| Amounts payable | 17/49 | €481,201 | €918,552 | +€437,351 | +90.9% |
| Amounts payable after more than one year | 17 | €329,913 | €472,795 | +€142,882 | +43.3% |
| Financial debts | 170/4 | €14,496 | €4,946 | -€9,549 | -65.9% |
| Other amounts payable | 178/9 | €315,417 | €467,848 | +€152,431 | +48.3% |
| Amounts payable within one year | 42/48 | €151,288 | €445,758 | +€294,469 | +195% |
| Current portion of amounts payable after more than one year | 42 | €9,110 | €9,549 | +€440 | +4.8% |
| Trade debts | 44 | €97,640 | €244,650 | +€147,010 | +151% |
| Suppliers | 440/4 | €97,640 | €244,650 | +€147,010 | +151% |
| Advances received on contracts in progress | 46 | €73 | €27,364 | +€27,291 | +37,555% |
| Taxes, remuneration and social security | 45 | €44,466 | €164,195 | +€119,729 | +269% |
| Taxes | 450/3 | €10,446 | €78,014 | +€67,567 | +647% |
| Remuneration and social security | 454/9 | €34,020 | €86,181 | +€52,161 | +153% |
| Remuneration, social security and pensions | 62 | €229,588 | €392,053 | +€162,465 | +70.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,832 | €75,497 | +€11,666 | +18.3% |
| Other operating charges | 640/8 | €1,501 | €3,049 | +€1,549 | +103% |
| Gross operating margin | 9900 | €311,470 | €513,166 | +€201,696 | +64.8% |
| Operating profit (loss) | 9901 | €16,549 | €42,566 | +€26,017 | +157% |
| Financial income | 75/76B | €30 | €56 | +€26 | +85.0% |
| Recurring financial income | 75 | €30 | €56 | +€26 | +85.0% |
| Financial charges | 65/66B | €9,645 | €18,068 | +€8,424 | +87.3% |
| Recurring financial charges | 65 | €9,645 | €18,068 | +€8,424 | +87.3% |
| Profit (loss) for the period before taxes | 9903 | €6,935 | €24,553 | +€17,619 | +254% |
| Income taxes | 67/77 | €2,859 | €9,552 | +€6,693 | +234% |
| Profit (loss) for the period | 9904 | €4,075 | €15,002 | +€10,926 | +268% |
| Profit (loss) for the period to be appropriated | 9905 | €4,075 | €15,002 | +€10,926 | +268% |
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 28 October 2026 via checked.be.