HEMAR: 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.
HEMAR
Largest movements
- Tangible fixed assets -€6,115
down €6,115 (-8.4%), from €72,884 to €66,769
of which Land and buildings: -€6,699
- Cash +€977
up €977 (+7.3%), from €13,417 to €14,394
mainly Depreciation (+€7,398) and Other debts (+€4,347)
- Profit (loss) carried forward -€9,485
down €9,485 (-10.6%), from -€89,632 to -€99,117
- Other debts +€4,347
up €4,347 (+7.2%), from €60,652 to €64,999
- Gross operating margin +€3,672
up €3,672, from -€1,094 to €2,578
- Purchases and services -€2,730
down €2,730 (-20.6%), from €13,279 to €10,549
- Turnover +€942
up €942 (+7.7%), from €12,185 to €13,127
- Depreciation +€427
up €427 (+6.1%), from €6,971 to €7,398
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 | €86,938 | €81,800 | -€5,138 | -5.9% |
| Fixed assets | 21/28 | €73,521 | €67,406 | -€6,115 | -8.3% |
| Tangible fixed assets | 22/27 | €72,884 | €66,769 | -€6,115 | -8.4% |
| Land and buildings | 22 | €71,921 | €65,222 | -€6,699 | -9.3% |
| Furniture and vehicles | 24 | €963 | €1,547 | +€584 | +60.6% |
| Financial fixed assets | 28 | €637 | €637 | = | 0.0% |
| Current assets | 29/58 | €13,417 | €14,394 | +€977 | +7.3% |
| Cash at bank and in hand | 54/58 | €13,417 | €14,394 | +€977 | +7.3% |
| Total equity and liabilities | 10/49 | €86,938 | €81,800 | -€5,138 | -5.9% |
| Equity | 10/15 | €26,286 | €16,801 | -€9,485 | -36.1% |
| Contributions | 10/11 | €111,552 | €111,552 | = | 0.0% |
| Capital | 10 | €111,552 | €111,552 | = | 0.0% |
| Issued capital | 100 | €111,552 | €111,552 | = | 0.0% |
| Reserves | 13 | €4,366 | €4,366 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,366 | €4,366 | = | 0.0% |
| Legal reserve | 130 | €4,366 | €4,366 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€89,632 | -€99,117 | -€9,485 | -10.6% |
| Amounts payable | 17/49 | €60,652 | €64,999 | +€4,347 | +7.2% |
| Amounts payable within one year | 42/48 | €60,652 | €64,999 | +€4,347 | +7.2% |
| Other amounts payable | 47/48 | €60,652 | €64,999 | +€4,347 | +7.2% |
| Turnover | 70 | €12,185 | €13,127 | +€942 | +7.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €13,279 | €10,549 | -€2,730 | -20.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,971 | €7,398 | +€427 | +6.1% |
| Gross operating margin | 9900 | -€1,094 | €2,578 | +€3,672 | |
| Operating profit (loss) | 9901 | -€8,065 | -€4,820 | +€3,245 | +40.2% |
| Financial charges | 65/66B | €4,685 | €4,665 | -€20 | -0.4% |
| Recurring financial charges | 65 | €4,685 | €4,665 | -€20 | -0.4% |
| Profit (loss) for the period before taxes | 9903 | -€12,750 | -€9,485 | +€3,265 | +25.6% |
| Profit (loss) for the period | 9904 | -€12,750 | -€9,485 | +€3,265 | +25.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,750 | -€9,485 | +€3,265 | +25.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.