HEMABO: what changed
What changed
HEMABO
NACE 41.001, General construction of residential buildings
filed annual accounts (NBB)
Net result for the year
-€22,409
2024 · €13,559-€35,968
Equity
€322,107
2024 · €489,616-€167,509
Cash
€29,950
2024 · €18,127+€11,823
Balance sheet total
€607,918
2024 · €802,923-€195,004
Largest movements
Assets
- Receivables within one year -€198,829
down €198,829 (-82.9%), from €239,771 to €40,942
of which Trade receivables: -€196,523
- Tangible fixed assets +€17,398
up €17,398 (+5.5%), from €315,094 to €332,492
of which Plant, machinery and equipment: +€35,263
- Cash +€11,823
up €11,823 (+65.2%), from €18,127 to €29,950
mainly Receivables within one year (+€198,829) and Other debts (+€94,736)
- Receivables after one year -€10,388
down €10,388 (-5.2%), from €199,710 to €189,322
- Stocks and contracts -€9,023
down €9,023 (-54.0%), from €16,702 to €7,678
Equity and liabilities
- Reserves -€163,401
down €163,401 (-34.7%), from €470,258 to €306,857
of which Distributable reserves: -€156,100
- Trade debts -€101,380
down €101,380 (-96.8%), from €104,742 to €3,362
- Other debts +€94,736
new in 2025: €94,736
- Short-term financial debts -€24,870
down €24,870 (-83.0%), from €29,976 to €5,105
- Current portion of long-term debt +€8,745
up €8,745 (+48.0%), from €18,232 to €26,977
Income statement
- Gross operating margin -€35,410
down €35,410 (-26.9%), from €131,615 to €96,204
- Depreciation +€11,309
up €11,309 (+18.4%), from €61,523 to €72,833
- Taxes -€10,997
down €10,997 (-97.3%), from €11,303 to €306
- Financial income +€5,344
up €5,344 (+76.8%), from €6,954 to €12,298
- Staff costs +€2,952
up €2,952 (+6.8%), from €43,122 to €46,073
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€13,559
Gross operating margin
-€35,410
Staff costs
-€2,952
Depreciation
-€11,309
Other operating charges
+€365
Other operating items
-€1,957
Financial income
+€5,344
Financial charges
-€1,046
Taxes
+€10,997
Result 2025
-€22,409
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€269,952
Investment
-€90,230
Financing
-€167,899
Cash 2024
€18,127
From operations (derived)
+€269,952
Net result for the year
-€22,409
Depreciation
+€72,833
Receivables after one year
+€10,388
Stocks and contracts
+€9,023
Receivables within one year
+€198,829
Deferred charges and accrued income
+€5,985
Provisions
-€2,434
Trade debts
-€101,380
Tax, wage and social debts
+€4,381
Other debts
+€94,736
Investment (derived)
-€90,230
Investment in fixed assets (net)
-€90,230
Financing
-€167,899
Debts after one year
-€6,674
Current portion of long-term debt
+€8,745
Short-term financial debts
-€24,870
Contributions, distributions and other
-€145,100
Cash 2025
€29,950
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €802,923 | €607,918 | -€195,004 | -24.3% |
| Fixed assets | 21/28 | €315,344 | €332,742 | +€17,398 | +5.5% |
| Tangible fixed assets | 22/27 | €315,094 | €332,492 | +€17,398 | +5.5% |
| Land and buildings | 22 | €207,169 | €191,572 | -€15,597 | -7.5% |
| Plant, machinery and equipment | 23 | €83,643 | €118,906 | +€35,263 | +42.2% |
| Furniture and vehicles | 24 | €24,282 | €22,014 | -€2,268 | -9.3% |
| Other tangible fixed assets | 26 | - | €0 | = | |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €487,579 | €275,177 | -€212,402 | -43.6% |
| Amounts receivable after more than one year | 29 | €199,710 | €189,322 | -€10,388 | -5.2% |
| Other amounts receivable | 291 | €199,710 | €189,322 | -€10,388 | -5.2% |
| Stocks and contracts in progress | 3 | €16,702 | €7,678 | -€9,023 | -54.0% |
| Stocks | 30/36 | €16,702 | €7,678 | -€9,023 | -54.0% |
| Amounts receivable within one year | 40/41 | €239,771 | €40,942 | -€198,829 | -82.9% |
| Trade receivables | 40 | €207,839 | €11,317 | -€196,523 | -94.6% |
| Other amounts receivable | 41 | €31,932 | €29,626 | -€2,306 | -7.2% |
| Cash at bank and in hand | 54/58 | €18,127 | €29,950 | +€11,823 | +65.2% |
| Deferred charges and accrued income | 490/1 | €13,269 | €7,284 | -€5,985 | -45.1% |
| Total equity and liabilities | 10/49 | €802,923 | €607,918 | -€195,004 | -24.3% |
| Equity | 10/15 | €489,616 | €322,107 | -€167,509 | -34.2% |
| Contributions | 10/11 | €14,400 | €14,400 | = | 0.0% |
| Reserves | 13 | €470,258 | €306,857 | -€163,401 | -34.7% |
| Tax-exempt reserves | 132 | €111,558 | €104,257 | -€7,301 | -6.5% |
| Distributable reserves | 133 | €358,700 | €202,600 | -€156,100 | -43.5% |
| Profit (loss) carried forward | 14 | €4,958 | €850 | -€4,108 | -82.8% |
| Provisions and deferred taxes | 16 | €37,186 | €34,752 | -€2,434 | -6.5% |
| Deferred taxes | 168 | €37,186 | €34,752 | -€2,434 | -6.5% |
| Amounts payable | 17/49 | €276,121 | €251,059 | -€25,062 | -9.1% |
| Amounts payable after more than one year | 17 | €120,572 | €113,898 | -€6,674 | -5.5% |
| Financial debts | 170/4 | €120,572 | €113,898 | -€6,674 | -5.5% |
| Amounts payable within one year | 42/48 | €155,549 | €137,161 | -€18,388 | -11.8% |
| Current portion of amounts payable after more than one year | 42 | €18,232 | €26,977 | +€8,745 | +48.0% |
| Financial debts | 43 | €29,976 | €5,105 | -€24,870 | -83.0% |
| Credit institutions | 430/8 | €29,976 | €5,105 | -€24,870 | -83.0% |
| Trade debts | 44 | €104,742 | €3,362 | -€101,380 | -96.8% |
| Suppliers | 440/4 | €104,742 | €3,362 | -€101,380 | -96.8% |
| Taxes, remuneration and social security | 45 | €2,599 | €6,980 | +€4,381 | +169% |
| Remuneration and social security | 454/9 | €2,599 | €6,980 | +€4,381 | +169% |
| Other amounts payable | 47/48 | - | €94,736 | +€94,736 | |
| Non-recurring operating income | 76A | €1,240 | €8,264 | +€7,025 | +567% |
| Remuneration, social security and pensions | 62 | €43,122 | €46,073 | +€2,952 | +6.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,523 | €72,833 | +€11,309 | +18.4% |
| Other operating charges | 640/8 | €2,543 | €2,177 | -€365 | -14.4% |
| Non-recurring operating charges | 66A | - | €1,957 | +€1,957 | |
| Gross operating margin | 9900 | €131,615 | €96,204 | -€35,410 | -26.9% |
| Operating profit (loss) | 9901 | €24,427 | -€26,836 | -€51,263 | |
| Financial income | 75/76B | €6,954 | €12,298 | +€5,344 | +76.8% |
| Recurring financial income | 75 | €6,954 | €12,298 | +€5,344 | +76.8% |
| Financial charges | 65/66B | €8,953 | €9,999 | +€1,046 | +11.7% |
| Recurring financial charges | 65 | €8,953 | €9,999 | +€1,046 | +11.7% |
| Profit (loss) for the period before taxes | 9903 | €22,429 | -€24,537 | -€46,965 | |
| Transfer from deferred taxes | 780 | €2,434 | €2,434 | = | 0.0% |
| Income taxes | 67/77 | €11,303 | €306 | -€10,997 | -97.3% |
| Profit (loss) for the period | 9904 | €13,559 | -€22,409 | -€35,968 | |
| Transfer from tax-exempt reserves | 789 | €7,301 | €7,301 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €20,860 | -€15,108 | -€35,968 |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.