Hamron: 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.
Hamron
Largest movements
- Cash +€81,013
up €81,013 (+15.7%), from €516,291 to €597,304
mainly Net result for the year (+€113,075) and Stocks and contracts (+€59,386)
- Stocks and contracts -€59,386
down €59,386 (-33.2%), from €179,020 to €119,634
- Tangible fixed assets +€14,313
up €14,313 (+3.7%), from €387,273 to €401,585
of which Furniture and vehicles: +€22,026
- Reserves +€72,705
up €72,705 (+24.1%), from €301,974 to €374,678
- Trade debts -€39,084
down €39,084 (-48.9%), from €79,888 to €40,804
- Debts after one year -€15,733
down €15,733 (-32.7%), from €48,144 to €32,411
- Tax, wage and social debts +€14,925
up €14,925 (+44.6%), from €33,450 to €48,375
of which Taxes: +€13,089
- Gross operating margin +€16,419
up €16,419 (+5.3%), from €312,310 to €328,728
- Depreciation +€10,465
up €10,465 (+44.8%), from €23,381 to €33,846
- Staff costs +€4,107
up €4,107 (+3.5%), from €117,204 to €121,311
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,114,578 | €1,149,285 | +€34,707 | +3.1% |
| Fixed assets | 21/28 | €387,424 | €401,737 | +€14,313 | +3.7% |
| Tangible fixed assets | 22/27 | €387,273 | €401,585 | +€14,313 | +3.7% |
| Land and buildings | 22 | €300,000 | €305,164 | +€5,164 | +1.7% |
| Plant, machinery and equipment | 23 | €83,244 | €70,366 | -€12,878 | -15.5% |
| Furniture and vehicles | 24 | €4,029 | €26,055 | +€22,026 | +546.7% |
| Financial fixed assets | 28 | €151 | €151 | = | 0.0% |
| Current assets | 29/58 | €727,154 | €747,548 | +€20,395 | +2.8% |
| Stocks and contracts in progress | 3 | €179,020 | €119,634 | -€59,386 | -33.2% |
| Stocks | 30/36 | €179,020 | €119,634 | -€59,386 | -33.2% |
| Amounts receivable within one year | 40/41 | €25,455 | €25,172 | -€283 | -1.1% |
| Trade receivables | 40 | €24,327 | €25,172 | +€845 | +3.5% |
| Other amounts receivable | 41 | €1,128 | - | -€1,128 | |
| Cash at bank and in hand | 54/58 | €516,291 | €597,304 | +€81,013 | +15.7% |
| Deferred charges and accrued income | 490/1 | €6,388 | €5,439 | -€949 | -14.9% |
| Total equity and liabilities | 10/49 | €1,114,578 | €1,149,285 | +€34,707 | +3.1% |
| Equity | 10/15 | €904,652 | €977,357 | +€72,705 | +8.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €301,974 | €374,678 | +€72,705 | +24.1% |
| Distributable reserves | 133 | €301,974 | €374,678 | +€72,705 | +24.1% |
| Profit (loss) carried forward | 14 | €584,079 | €584,079 | = | 0.0% |
| Provisions and deferred taxes | 16 | €1,752 | €1,320 | -€432 | -24.6% |
| Provisions for liabilities and charges | 160/5 | €1,752 | €1,320 | -€432 | -24.6% |
| Other liabilities and charges | 164/5 | €1,752 | €1,320 | -€432 | -24.6% |
| Amounts payable | 17/49 | €208,174 | €170,608 | -€37,566 | -18.0% |
| Amounts payable after more than one year | 17 | €48,144 | €32,411 | -€15,733 | -32.7% |
| Financial debts | 170/4 | €48,144 | €32,411 | -€15,733 | -32.7% |
| Amounts payable within one year | 42/48 | €159,582 | €137,953 | -€21,629 | -13.6% |
| Current portion of amounts payable after more than one year | 42 | €15,425 | €15,733 | +€307 | +2.0% |
| Trade debts | 44 | €79,888 | €40,804 | -€39,084 | -48.9% |
| Suppliers | 440/4 | €79,888 | €40,804 | -€39,084 | -48.9% |
| Taxes, remuneration and social security | 45 | €33,450 | €48,375 | +€14,925 | +44.6% |
| Taxes | 450/3 | €24,869 | €37,958 | +€13,089 | +52.6% |
| Remuneration and social security | 454/9 | €8,581 | €10,417 | +€1,836 | +21.4% |
| Other amounts payable | 47/48 | €30,818 | €33,041 | +€2,223 | +7.2% |
| Accrued charges and deferred income | 492/3 | €448 | €244 | -€205 | -45.6% |
| Remuneration, social security and pensions | 62 | €117,204 | €121,311 | +€4,107 | +3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,381 | €33,846 | +€10,465 | +44.8% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €482 | -€432 | -€914 | |
| Other operating charges | 640/8 | €11,100 | €10,546 | -€554 | -5.0% |
| Gross operating margin | 9900 | €312,310 | €328,728 | +€16,419 | +5.3% |
| Operating profit (loss) | 9901 | €160,143 | €163,458 | +€3,314 | +2.1% |
| Financial income | 75/76B | €6,237 | €3,867 | -€2,371 | -38.0% |
| Recurring financial income | 75 | €6,237 | €3,867 | -€2,371 | -38.0% |
| Financial charges | 65/66B | €4,914 | €4,850 | -€64 | -1.3% |
| Recurring financial charges | 65 | €4,914 | €4,850 | -€64 | -1.3% |
| Profit (loss) for the period before taxes | 9903 | €161,467 | €162,474 | +€1,007 | +0.6% |
| Income taxes | 67/77 | €49,538 | €49,399 | -€139 | -0.3% |
| Profit (loss) for the period | 9904 | €111,928 | €113,075 | +€1,147 | +1.0% |
| Profit (loss) for the period to be appropriated | 9905 | €111,928 | €113,075 | +€1,147 | +1.0% |
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 12 October 2026 via checked.be.