HAMROL RENOVATION: 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.
HAMROL RENOVATION
Largest movements
- Receivables within one year +€122,319
up €122,319 (+134%), from €91,333 to €213,652
of which Trade receivables: +€111,780
- Tangible fixed assets -€26,121
down €26,121 (-5.0%), from €518,454 to €492,333
of which Furniture and vehicles: -€13,984
- Cash +€9,285
up €9,285 (+430%), from €2,160 to €11,444
mainly Accrued charges and deferred income (+€78,000) and Trade debts (+€46,819)
- Accrued charges and deferred income +€78,000
new in 2025: €78,000
- Trade debts +€46,819
up €46,819 (+204%), from €22,960 to €69,779
- Debts after one year -€24,954
down €24,954 (-5.3%), from €472,578 to €447,625
- Gross operating margin -€25,728
down €25,728 (-10.0%), from €256,059 to €230,331
- Financial charges -€13,578
down €13,578 (-42.0%), from €32,328 to €18,750
of which Non-recurring financial charges: -€12,641
- Depreciation +€8,412
up €8,412 (+42.0%), from €20,008 to €28,420
- Staff costs -€6,637
down €6,637 (-3.8%), from €174,769 to €168,131
- Write-downs +€2,700
new in 2025: €2,700
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 | €622,368 | €723,175 | +€100,807 | +16.2% |
| Fixed assets | 21/28 | €518,454 | €492,333 | -€26,121 | -5.0% |
| Tangible fixed assets | 22/27 | €518,454 | €492,333 | -€26,121 | -5.0% |
| Land and buildings | 22 | €471,866 | €459,733 | -€12,133 | -2.6% |
| Plant, machinery and equipment | 23 | €7,748 | €7,745 | -€3 | 0.0% |
| Furniture and vehicles | 24 | €38,839 | €24,855 | -€13,984 | -36.0% |
| Current assets | 29/58 | €103,915 | €230,842 | +€126,928 | +122% |
| Amounts receivable within one year | 40/41 | €91,333 | €213,652 | +€122,319 | +134% |
| Trade receivables | 40 | €81,103 | €192,883 | +€111,780 | +138% |
| Other amounts receivable | 41 | €10,231 | €20,770 | +€10,539 | +103% |
| Cash at bank and in hand | 54/58 | €2,160 | €11,444 | +€9,285 | +430% |
| Deferred charges and accrued income | 490/1 | €10,421 | €5,746 | -€4,676 | -44.9% |
| Total equity and liabilities | 10/49 | €622,368 | €723,175 | +€100,807 | +16.2% |
| Equity | 10/15 | €78,515 | €83,937 | +€5,422 | +6.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €75,515 | €80,937 | +€5,422 | +7.2% |
| Amounts payable | 17/49 | €543,853 | €639,238 | +€95,385 | +17.5% |
| Amounts payable after more than one year | 17 | €472,578 | €447,625 | -€24,954 | -5.3% |
| Financial debts | 170/4 | €472,578 | €447,625 | -€24,954 | -5.3% |
| Amounts payable within one year | 42/48 | €71,275 | €113,613 | +€42,339 | +59.4% |
| Current portion of amounts payable after more than one year | 42 | €28,937 | €24,954 | -€3,983 | -13.8% |
| Trade debts | 44 | €22,960 | €69,779 | +€46,819 | +204% |
| Suppliers | 440/4 | €22,960 | €69,779 | +€46,819 | +204% |
| Taxes, remuneration and social security | 45 | €15,383 | €14,000 | -€1,383 | -9.0% |
| Taxes | 450/3 | €4,077 | €4,077 | = | 0.0% |
| Remuneration and social security | 454/9 | €11,306 | €9,923 | -€1,383 | -12.2% |
| Other amounts payable | 47/48 | €3,994 | €4,881 | +€887 | +22.2% |
| Accrued charges and deferred income | 492/3 | - | €78,000 | +€78,000 | |
| Remuneration, social security and pensions | 62 | €174,769 | €168,131 | -€6,637 | -3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,008 | €28,420 | +€8,412 | +42.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €2,700 | +€2,700 | |
| Other operating charges | 640/8 | €4,467 | €5,103 | +€636 | +14.2% |
| Gross operating margin | 9900 | €256,059 | €230,331 | -€25,728 | -10.0% |
| Operating profit (loss) | 9901 | €56,816 | €25,978 | -€30,838 | -54.3% |
| Financial income | 75/76B | €24 | €25 | +€1 | +4.2% |
| Recurring financial income | 75 | €24 | €25 | +€1 | +4.2% |
| Financial charges | 65/66B | €32,328 | €18,750 | -€13,578 | -42.0% |
| Recurring financial charges | 65 | €19,687 | €18,750 | -€937 | -4.8% |
| Non-recurring financial charges | 66B | €12,641 | - | -€12,641 | |
| Profit (loss) for the period before taxes | 9903 | €24,512 | €7,252 | -€17,260 | -70.4% |
| Income taxes | 67/77 | €4,077 | €1,831 | -€2,247 | -55.1% |
| Profit (loss) for the period | 9904 | €20,435 | €5,422 | -€15,013 | -73.5% |
| Profit (loss) for the period to be appropriated | 9905 | €20,435 | €5,422 | -€15,013 | -73.5% |
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 24 October 2026 via checked.be.