Hemaflo-W: 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.
Hemaflo-W
Largest movements
- Receivables within one year +€24,731
up €24,731 (+5,721%), from €432 to €25,163
of which Trade receivables: +€24,731
- Tangible fixed assets -€13,686
down €13,686 (-6.3%), from €217,210 to €203,524
of which Land and buildings: -€12,229
- Stocks and contracts +€6,985
new in 2025: €6,985
- Cash -€3,722
down €3,722 (-6.6%), from €56,004 to €52,282
mainly Receivables within one year (-€24,731) and Debts after one year (-€9,092)
- Tax, wage and social debts +€24,509
up €24,509 (+426%), from €5,752 to €30,261
- Debts after one year -€9,092
down €9,092 (-5.3%), from €171,397 to €162,304
- Taxes -€3,507
down €3,507 (-72.6%), from €4,830 to €1,322
- Other operating charges -€979
down €979 (-39.0%), from €2,512 to €1,532
- Gross operating margin +€453
up €453 (+1.7%), from €27,054 to €27,507
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 | €274,666 | €288,974 | +€14,307 | +5.2% |
| Fixed assets | 21/28 | €218,230 | €204,544 | -€13,686 | -6.3% |
| Tangible fixed assets | 22/27 | €217,210 | €203,524 | -€13,686 | -6.3% |
| Land and buildings | 22 | €213,311 | €201,081 | -€12,229 | -5.7% |
| Plant, machinery and equipment | 23 | €1,641 | €1,184 | -€458 | -27.9% |
| Furniture and vehicles | 24 | €2,258 | €1,259 | -€999 | -44.3% |
| Financial fixed assets | 28 | €1,020 | €1,020 | = | 0.0% |
| Current assets | 29/58 | €56,437 | €84,430 | +€27,994 | +49.6% |
| Stocks and contracts in progress | 3 | - | €6,985 | +€6,985 | |
| Stocks | 30/36 | - | €6,985 | +€6,985 | |
| Amounts receivable within one year | 40/41 | €432 | €25,163 | +€24,731 | +5,721% |
| Trade receivables | 40 | €432 | €25,163 | +€24,731 | +5,721% |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €56,004 | €52,282 | -€3,722 | -6.6% |
| Total equity and liabilities | 10/49 | €274,666 | €288,974 | +€14,307 | +5.2% |
| Equity | 10/15 | €70,748 | €72,240 | +€1,492 | +2.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €23,157 | €23,157 | = | 0.0% |
| Distributable reserves | 133 | €23,157 | €23,157 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,991 | €30,484 | +€1,492 | +5.1% |
| Amounts payable | 17/49 | €203,918 | €216,733 | +€12,815 | +6.3% |
| Amounts payable after more than one year | 17 | €171,397 | €162,304 | -€9,092 | -5.3% |
| Financial debts | 170/4 | €171,397 | €162,304 | -€9,092 | -5.3% |
| Amounts payable within one year | 42/48 | €31,685 | €53,593 | +€21,908 | +69.1% |
| Current portion of amounts payable after more than one year | 42 | €8,966 | €9,092 | +€126 | +1.4% |
| Trade debts | 44 | €3,613 | €1,950 | -€1,663 | -46.0% |
| Suppliers | 440/4 | €3,613 | €1,950 | -€1,663 | -46.0% |
| Taxes, remuneration and social security | 45 | €5,752 | €30,261 | +€24,509 | +426% |
| Taxes | 450/3 | €5,752 | €30,261 | +€24,509 | +426% |
| Other amounts payable | 47/48 | €13,354 | €12,289 | -€1,065 | -8.0% |
| Accrued charges and deferred income | 492/3 | €836 | €836 | = | 0.0% |
| Non-recurring operating income | 76A | €11,612 | - | -€11,612 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,690 | €13,686 | -€4 | 0.0% |
| Other operating charges | 640/8 | €2,512 | €1,532 | -€979 | -39.0% |
| Non-recurring operating charges | 66A | - | €8,243 | +€8,243 | |
| Gross operating margin | 9900 | €27,054 | €27,507 | +€453 | +1.7% |
| Operating profit (loss) | 9901 | €10,852 | €4,045 | -€6,807 | -62.7% |
| Financial charges | 65/66B | €1,443 | €1,230 | -€213 | -14.8% |
| Recurring financial charges | 65 | €1,443 | €1,230 | -€213 | -14.8% |
| Profit (loss) for the period before taxes | 9903 | €9,409 | €2,815 | -€6,594 | -70.1% |
| Income taxes | 67/77 | €4,830 | €1,322 | -€3,507 | -72.6% |
| Profit (loss) for the period | 9904 | €4,579 | €1,492 | -€3,087 | -67.4% |
| Profit (loss) for the period to be appropriated | 9905 | €4,579 | €1,492 | -€3,087 | -67.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.