HEMANI: what changed
Two fiscal 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.
HEMANI
Largest movements
- Tangible fixed assets -€50,788
down €50,788 (-4.6%), from €1.1m to €1.1m
of which Land and buildings: -€47,041
- Cash +€41,289
up €41,289 (+12.5%), from €331,191 to €372,480
mainly Depreciation (+€101,444) and Accrued charges and deferred income (+€52,041)
- Receivables within one year +€31,954
up €31,954 (+123.1%), from €25,962 to €57,916
of which Other amounts receivable: +€31,906
- Other debts -€52,448
down €52,448 (-24.0%), from €218,404 to €165,956
- Accrued charges and deferred income +€52,041
up €52,041 (+390.8%), from €13,318 to €65,359
- Reserves +€22,614
up €22,614 (+1.9%), from €1.2m to €1.2m
of which Distributable reserves: +€22,614
- Gross operating margin -€124,762
down €124,762 (-41.1%), from €303,489 to €178,727
- Taxes -€30,954
down €30,954 (-51.3%), from €60,325 to €29,371
- Other operating charges +€4,939
up €4,939 (+50.1%), from €9,849 to €14,788
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 | €1,466,770 | €1,488,322 | +€21,553 | +1.5% |
| Fixed assets | 21/28 | €1,101,381 | €1,050,593 | -€50,788 | -4.6% |
| Tangible fixed assets | 22/27 | €1,101,381 | €1,050,593 | -€50,788 | -4.6% |
| Land and buildings | 22 | €1,077,302 | €1,030,261 | -€47,041 | -4.4% |
| Plant, machinery and equipment | 23 | €2,820 | €3,787 | +€967 | +34.3% |
| Furniture and vehicles | 24 | €15,135 | €10,950 | -€4,186 | -27.7% |
| Other tangible fixed assets | 26 | €6,123 | €5,596 | -€528 | -8.6% |
| Current assets | 29/58 | €365,389 | €437,729 | +€72,341 | +19.8% |
| Amounts receivable within one year | 40/41 | €25,962 | €57,916 | +€31,954 | +123.1% |
| Trade receivables | 40 | €1 | €48 | +€48 | +8835.2% |
| Other amounts receivable | 41 | €25,961 | €57,867 | +€31,906 | +122.9% |
| Current investments | 50/53 | €5,000 | €5,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €331,191 | €372,480 | +€41,289 | +12.5% |
| Deferred charges and accrued income | 490/1 | €3,235 | €2,333 | -€902 | -27.9% |
| Total equity and liabilities | 10/49 | €1,466,770 | €1,488,322 | +€21,553 | +1.5% |
| Equity | 10/15 | €1,196,383 | €1,218,998 | +€22,614 | +1.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,189,069 | €1,211,684 | +€22,614 | +1.9% |
| Tax-exempt reserves | 132 | €33,922 | €33,922 | = | 0.0% |
| Distributable reserves | 133 | €1,155,147 | €1,177,762 | +€22,614 | +2.0% |
| Profit (loss) carried forward | 14 | €1,114 | €1,114 | = | 0.0% |
| Amounts payable | 17/49 | €270,386 | €269,324 | -€1,062 | -0.4% |
| Amounts payable within one year | 42/48 | €257,068 | €203,965 | -€53,103 | -20.7% |
| Trade debts | 44 | €8,339 | €16,516 | +€8,178 | +98.1% |
| Suppliers | 440/4 | €8,339 | €16,516 | +€8,178 | +98.1% |
| Taxes, remuneration and social security | 45 | €30,325 | €21,493 | -€8,832 | -29.1% |
| Taxes | 450/3 | €30,325 | €21,493 | -€8,832 | -29.1% |
| Other amounts payable | 47/48 | €218,404 | €165,956 | -€52,448 | -24.0% |
| Accrued charges and deferred income | 492/3 | €13,318 | €65,359 | +€52,041 | +390.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €103,750 | €101,444 | -€2,307 | -2.2% |
| Other operating charges | 640/8 | €9,849 | €14,788 | +€4,939 | +50.1% |
| Gross operating margin | 9900 | €303,489 | €178,727 | -€124,762 | -41.1% |
| Operating profit (loss) | 9901 | €189,889 | €62,495 | -€127,394 | -67.1% |
| Financial income | 75/76B | €1 | €2,218 | +€2,217 | +270380.5% |
| Recurring financial income | 75 | €1 | €2,218 | +€2,217 | +270380.5% |
| Financial charges | 65/66B | €13,409 | €12,727 | -€682 | -5.1% |
| Recurring financial charges | 65 | €13,409 | €12,727 | -€682 | -5.1% |
| Profit (loss) for the period before taxes | 9903 | €176,481 | €51,986 | -€124,495 | -70.5% |
| Income taxes | 67/77 | €60,325 | €29,371 | -€30,954 | -51.3% |
| Profit (loss) for the period | 9904 | €116,156 | €22,614 | -€93,541 | -80.5% |
| Profit (loss) for the period to be appropriated | 9905 | €116,156 | €22,614 | -€93,541 | -80.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.