HAMOIR 39: 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.
HAMOIR 39
Largest movements
- Tangible fixed assets -€119,424
down €119,424 (-3.6%), from €3.3m to €3.2m
of which Land and buildings: -€148,352
- Profit (loss) carried forward -€151,090
down €151,090 (-9.4%), from -€1.6m to -€1.8m
- Accrued charges and deferred income -€117,594
no longer reported in 2025 (was €117,594)
- Other debts +€97,594
up €97,594 (+1.8%), from €5.5m to €5.6m
- Gross operating margin -€1,804
down €1,804 (-1.6%), from €111,087 to €109,283
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 | €4,076,800 | €3,905,711 | -€171,090 | -4.2% |
| Fixed assets | 21/28 | €4,034,174 | €3,884,750 | -€149,424 | -3.7% |
| Intangible fixed assets | 21 | €746,066 | €716,066 | -€30,000 | -4.0% |
| Tangible fixed assets | 22/27 | €3,288,109 | €3,168,685 | -€119,424 | -3.6% |
| Land and buildings | 22 | €3,074,514 | €2,926,163 | -€148,352 | -4.8% |
| Plant, machinery and equipment | 23 | €213,595 | €242,522 | +€28,927 | +13.5% |
| Current assets | 29/58 | €42,626 | €20,960 | -€21,666 | -50.8% |
| Cash at bank and in hand | 54/58 | €42,626 | €20,960 | -€21,666 | -50.8% |
| Total equity and liabilities | 10/49 | €4,076,800 | €3,905,711 | -€171,090 | -4.2% |
| Equity | 10/15 | -€1,501,576 | -€1,652,666 | -€151,090 | -10.1% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,601,576 | -€1,752,666 | -€151,090 | -9.4% |
| Amounts payable | 17/49 | €5,578,377 | €5,558,377 | -€20,000 | -0.4% |
| Amounts payable within one year | 42/48 | €5,460,783 | €5,558,377 | +€97,594 | +1.8% |
| Other amounts payable | 47/48 | €5,460,783 | €5,558,377 | +€97,594 | +1.8% |
| Accrued charges and deferred income | 492/3 | €117,594 | - | -€117,594 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €185,670 | €186,677 | +€1,007 | +0.5% |
| Other operating charges | 640/8 | €17,391 | €17,937 | +€546 | +3.1% |
| Gross operating margin | 9900 | €111,087 | €109,283 | -€1,804 | -1.6% |
| Operating profit (loss) | 9901 | -€91,974 | -€95,331 | -€3,357 | -3.7% |
| Financial charges | 65/66B | €54,724 | €55,759 | +€1,035 | +1.9% |
| Recurring financial charges | 65 | €54,724 | €55,759 | +€1,035 | +1.9% |
| Profit (loss) for the period before taxes | 9903 | -€146,697 | -€151,090 | -€4,392 | -3.0% |
| Profit (loss) for the period | 9904 | -€146,697 | -€151,090 | -€4,392 | -3.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€146,697 | -€151,090 | -€4,392 | -3.0% |
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 18 October 2026 via checked.be.