HEM CHAUFFAGE: 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.
HEM CHAUFFAGE
Largest movements
- Cash -€25,668
down €25,668 (-45.8%), from €56,024 to €30,357
mainly Other debts (-€27,396) and Debts after one year (-€17,487)
- Receivables within one year -€20,964
down €20,964 (-31.5%), from €66,514 to €45,550
of which Trade receivables: -€24,146
- Tangible fixed assets -€20,630
down €20,630 (-18.7%), from €110,185 to €89,555
of which Furniture and vehicles: -€14,365
- Stocks and contracts +€4,125
up €4,125 (+28.6%), from €14,403 to €18,529
- Other debts -€27,396
down €27,396 (-53.9%), from €50,797 to €23,400
- Debts after one year -€17,487
down €17,487 (-27.3%), from €64,014 to €46,527
- Trade debts -€14,141
down €14,141 (-57.1%), from €24,764 to €10,623
- Tax, wage and social debts -€7,236
down €7,236 (-35.3%), from €20,469 to €13,233
of which Remuneration and social security: -€5,359
- Profit (loss) carried forward +€4,465
up €4,465 (+308%), from €1,451 to €5,915
- Staff costs +€11,818
up €11,818 (+8.1%), from €145,773 to €157,592
- Taxes -€2,438
down €2,438 (-54.6%), from €4,465 to €2,027
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 | €250,619 | €187,905 | -€62,714 | -25.0% |
| Fixed assets | 21/28 | €110,185 | €89,966 | -€20,219 | -18.3% |
| Tangible fixed assets | 22/27 | €110,185 | €89,555 | -€20,630 | -18.7% |
| Land and buildings | 22 | €74,046 | €67,342 | -€6,704 | -9.1% |
| Plant, machinery and equipment | 23 | €3,225 | €3,664 | +€439 | +13.6% |
| Furniture and vehicles | 24 | €32,914 | €18,549 | -€14,365 | -43.6% |
| Financial fixed assets | 28 | - | €411 | +€411 | |
| Current assets | 29/58 | €140,435 | €97,940 | -€42,495 | -30.3% |
| Stocks and contracts in progress | 3 | €14,403 | €18,529 | +€4,125 | +28.6% |
| Stocks | 30/36 | €14,403 | €18,529 | +€4,125 | +28.6% |
| Amounts receivable within one year | 40/41 | €66,514 | €45,550 | -€20,964 | -31.5% |
| Trade receivables | 40 | €56,188 | €32,042 | -€24,146 | -43.0% |
| Other amounts receivable | 41 | €10,326 | €13,508 | +€3,182 | +30.8% |
| Cash at bank and in hand | 54/58 | €56,024 | €30,357 | -€25,668 | -45.8% |
| Deferred charges and accrued income | 490/1 | €3,493 | €3,504 | +€11 | +0.3% |
| Total equity and liabilities | 10/49 | €250,619 | €187,905 | -€62,714 | -25.0% |
| Equity | 10/15 | €71,911 | €76,375 | +€4,465 | +6.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €51,860 | €51,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,451 | €5,915 | +€4,465 | +308% |
| Amounts payable | 17/49 | €178,709 | €111,530 | -€67,179 | -37.6% |
| Amounts payable after more than one year | 17 | €64,014 | €46,527 | -€17,487 | -27.3% |
| Financial debts | 170/4 | €64,014 | €46,527 | -€17,487 | -27.3% |
| Amounts payable within one year | 42/48 | €114,695 | €65,004 | -€49,692 | -43.3% |
| Current portion of amounts payable after more than one year | 42 | €18,307 | €17,487 | -€820 | -4.5% |
| Trade debts | 44 | €24,764 | €10,623 | -€14,141 | -57.1% |
| Suppliers | 440/4 | €24,764 | €10,623 | -€14,141 | -57.1% |
| Advances received on contracts in progress | 46 | €358 | €260 | -€98 | -27.4% |
| Taxes, remuneration and social security | 45 | €20,469 | €13,233 | -€7,236 | -35.3% |
| Taxes | 450/3 | €8,200 | €6,323 | -€1,876 | -22.9% |
| Remuneration and social security | 454/9 | €12,269 | €6,910 | -€5,359 | -43.7% |
| Other amounts payable | 47/48 | €50,797 | €23,400 | -€27,396 | -53.9% |
| Remuneration, social security and pensions | 62 | €145,773 | €157,592 | +€11,818 | +8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,401 | €22,627 | -€775 | -3.3% |
| Other operating charges | 640/8 | €1,610 | €1,448 | -€163 | -10.1% |
| Gross operating margin | 9900 | €191,333 | €189,683 | -€1,650 | -0.9% |
| Operating profit (loss) | 9901 | €20,548 | €8,017 | -€12,531 | -61.0% |
| Financial income | 75/76B | €1,110 | €468 | -€642 | -57.8% |
| Recurring financial income | 75 | €1,110 | €468 | -€642 | -57.8% |
| Financial charges | 65/66B | €2,727 | €1,993 | -€734 | -26.9% |
| Recurring financial charges | 65 | €2,727 | €1,993 | -€734 | -26.9% |
| Profit (loss) for the period before taxes | 9903 | €18,931 | €6,492 | -€12,439 | -65.7% |
| Income taxes | 67/77 | €4,465 | €2,027 | -€2,438 | -54.6% |
| Profit (loss) for the period | 9904 | €14,466 | €4,465 | -€10,001 | -69.1% |
| Profit (loss) for the period to be appropriated | 9905 | €14,466 | €4,465 | -€10,001 | -69.1% |
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 29 October 2026 via checked.be.