HATOMEC: 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.
HATOMEC
Largest movements
- Receivables within one year -€324,781
down €324,781 (-48.5%), from €670,288 to €345,507
of which Trade receivables: -€325,441
- Stocks and contracts +€185,000
up €185,000 (+66.4%), from €278,680 to €463,680
- Cash +€180,778
up €180,778 (+121.9%), from €148,248 to €329,026
mainly Receivables within one year (+€324,781) and Depreciation (+€78,451)
- Profit (loss) carried forward +€45,312
up €45,312 (+14.7%), from €307,622 to €352,934
- Current portion of long-term debt +€45,055
up €45,055 (+62.9%), from €71,652 to €116,706
- Tax, wage and social debts -€31,528
down €31,528 (-26.1%), from €120,741 to €89,213
of which Taxes: -€30,789
- Other debts -€30,515
down €30,515 (-6.0%), from €511,919 to €481,405
- Debts after one year +€25,941
up €25,941 (+3.6%), from €728,274 to €754,215
- Staff costs -€24,562
down €24,562 (-6.6%), from €374,348 to €349,787
- Write-downs +€24,123
new in 2025: €24,123
- Gross operating margin -€16,074
down €16,074 (-2.8%), from €567,564 to €551,489
- Taxes -€5,957
down €5,957 (-29.3%), from €20,296 to €14,339
- Depreciation +€5,703
up €5,703 (+7.8%), from €72,748 to €78,451
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 | €2,382,121 | €2,446,908 | +€64,787 | +2.7% |
| Fixed assets | 21/28 | €1,277,402 | €1,299,482 | +€22,080 | +1.7% |
| Tangible fixed assets | 22/27 | €1,277,402 | €1,299,482 | +€22,080 | +1.7% |
| Land and buildings | 22 | €1,222,104 | €1,245,039 | +€22,935 | +1.9% |
| Plant, machinery and equipment | 23 | €3,779 | €6,034 | +€2,255 | +59.7% |
| Furniture and vehicles | 24 | €49,536 | €40,204 | -€9,332 | -18.8% |
| Other tangible fixed assets | 26 | €1,983 | €8,206 | +€6,223 | +313.8% |
| Current assets | 29/58 | €1,104,719 | €1,147,426 | +€42,707 | +3.9% |
| Stocks and contracts in progress | 3 | €278,680 | €463,680 | +€185,000 | +66.4% |
| Stocks | 30/36 | €278,680 | €463,680 | +€185,000 | +66.4% |
| Amounts receivable within one year | 40/41 | €670,288 | €345,507 | -€324,781 | -48.5% |
| Trade receivables | 40 | €670,288 | €344,846 | -€325,441 | -48.6% |
| Other amounts receivable | 41 | - | €661 | +€661 | |
| Cash at bank and in hand | 54/58 | €148,248 | €329,026 | +€180,778 | +121.9% |
| Deferred charges and accrued income | 490/1 | €7,503 | €9,212 | +€1,709 | +22.8% |
| Total equity and liabilities | 10/49 | €2,382,121 | €2,446,908 | +€64,787 | +2.7% |
| Equity | 10/15 | €410,657 | €455,970 | +€45,312 | +11.0% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €53,036 | €53,036 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,000 | €5,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €48,036 | €48,036 | = | 0.0% |
| Profit (loss) carried forward | 14 | €307,622 | €352,934 | +€45,312 | +14.7% |
| Amounts payable | 17/49 | €1,971,463 | €1,990,938 | +€19,475 | +1.0% |
| Amounts payable after more than one year | 17 | €728,274 | €754,215 | +€25,941 | +3.6% |
| Financial debts | 170/4 | €728,274 | €754,215 | +€25,941 | +3.6% |
| Amounts payable within one year | 42/48 | €1,243,190 | €1,236,723 | -€6,466 | -0.5% |
| Current portion of amounts payable after more than one year | 42 | €71,652 | €116,706 | +€45,055 | +62.9% |
| Financial debts | 43 | €75,000 | €75,000 | = | 0.0% |
| Credit institutions | 430/8 | €75,000 | €75,000 | = | 0.0% |
| Trade debts | 44 | €457,900 | €473,990 | +€16,091 | +3.5% |
| Suppliers | 440/4 | €457,900 | €473,990 | +€16,091 | +3.5% |
| Advances received on contracts in progress | 46 | €5,978 | €409 | -€5,569 | -93.2% |
| Taxes, remuneration and social security | 45 | €120,741 | €89,213 | -€31,528 | -26.1% |
| Taxes | 450/3 | €96,058 | €65,269 | -€30,789 | -32.1% |
| Remuneration and social security | 454/9 | €24,683 | €23,945 | -€738 | -3.0% |
| Other amounts payable | 47/48 | €511,919 | €481,405 | -€30,515 | -6.0% |
| Remuneration, social security and pensions | 62 | €374,348 | €349,787 | -€24,562 | -6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72,748 | €78,451 | +€5,703 | +7.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €24,123 | +€24,123 | |
| Other operating charges | 640/8 | €7,003 | €7,977 | +€975 | +13.9% |
| Gross operating margin | 9900 | €567,564 | €551,489 | -€16,074 | -2.8% |
| Operating profit (loss) | 9901 | €113,465 | €91,151 | -€22,314 | -19.7% |
| Financial income | 75/76B | €4,103 | €3,615 | -€488 | -11.9% |
| Recurring financial income | 75 | €4,103 | €3,615 | -€488 | -11.9% |
| Financial charges | 65/66B | €34,132 | €35,115 | +€983 | +2.9% |
| Recurring financial charges | 65 | €34,132 | €35,115 | +€983 | +2.9% |
| Profit (loss) for the period before taxes | 9903 | €83,436 | €59,652 | -€23,784 | -28.5% |
| Income taxes | 67/77 | €20,296 | €14,339 | -€5,957 | -29.3% |
| Profit (loss) for the period | 9904 | €63,140 | €45,312 | -€17,827 | -28.2% |
| Profit (loss) for the period to be appropriated | 9905 | €63,140 | €45,312 | -€17,827 | -28.2% |
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.