HEMARIS: 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.
HEMARIS
Largest movements
- Receivables within one year +€17,061
up €17,061 (+93.6%), from €18,224 to €35,285
of which Other amounts receivable: +€14,861
- Tangible fixed assets -€10,133
down €10,133 (-9.0%), from €113,160 to €103,027
- Cash +€2,458
up €2,458 (+213.6%), from €1,150 to €3,608
mainly Trade debts (+€14,591) and Depreciation (+€10,133)
- Debts after one year -€23,476
down €23,476 (-24.2%), from €97,141 to €73,665
- Trade debts +€14,591
up €14,591 (+7653.1%), from €191 to €14,781
- Profit (loss) carried forward +€9,475
up €9,475 (+2209.6%), from €429 to €9,903
- Current portion of long-term debt +€6,582
up €6,582 (+29.1%), from €22,619 to €29,202
- Tax, wage and social debts +€2,214
up €2,214 (+1432.1%), from €155 to €2,369
- Gross operating margin +€12,650
up €12,650 (+42.5%), from €29,748 to €42,398
- Financial charges +€3,401
up €3,401 (+327.6%), from €1,038 to €4,439
- Other operating charges -€2,706
down €2,706 (-14.5%), from €18,686 to €15,981
- Taxes +€2,215
up €2,215 (+1432.8%), from €155 to €2,370
- Depreciation +€1,694
up €1,694 (+20.1%), from €8,440 to €10,133
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 | €132,534 | €141,920 | +€9,386 | +7.1% |
| Fixed assets | 21/28 | €113,160 | €103,027 | -€10,133 | -9.0% |
| Tangible fixed assets | 22/27 | €113,160 | €103,027 | -€10,133 | -9.0% |
| Land and buildings | 22 | €113,160 | €103,027 | -€10,133 | -9.0% |
| Current assets | 29/58 | €19,374 | €38,893 | +€19,519 | +100.7% |
| Amounts receivable within one year | 40/41 | €18,224 | €35,285 | +€17,061 | +93.6% |
| Trade receivables | 40 | €1,331 | €3,531 | +€2,200 | +165.3% |
| Other amounts receivable | 41 | €16,893 | €31,754 | +€14,861 | +88.0% |
| Cash at bank and in hand | 54/58 | €1,150 | €3,608 | +€2,458 | +213.6% |
| Total equity and liabilities | 10/49 | €132,534 | €141,920 | +€9,386 | +7.1% |
| Equity | 10/15 | €12,429 | €21,903 | +€9,475 | +76.2% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €429 | €9,903 | +€9,475 | +2209.6% |
| Amounts payable | 17/49 | €120,105 | €120,017 | -€89 | -0.1% |
| Amounts payable after more than one year | 17 | €97,141 | €73,665 | -€23,476 | -24.2% |
| Financial debts | 170/4 | €97,141 | €73,665 | -€23,476 | -24.2% |
| Amounts payable within one year | 42/48 | €22,965 | €46,351 | +€23,387 | +101.8% |
| Current portion of amounts payable after more than one year | 42 | €22,619 | €29,202 | +€6,582 | +29.1% |
| Trade debts | 44 | €191 | €14,781 | +€14,591 | +7653.1% |
| Suppliers | 440/4 | €191 | €14,781 | +€14,591 | +7653.1% |
| Taxes, remuneration and social security | 45 | €155 | €2,369 | +€2,214 | +1432.1% |
| Taxes | 450/3 | €155 | €2,369 | +€2,214 | +1432.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,440 | €10,133 | +€1,694 | +20.1% |
| Other operating charges | 640/8 | €18,686 | €15,981 | -€2,706 | -14.5% |
| Non-recurring operating charges | 66A | €1,000 | - | -€1,000 | |
| Gross operating margin | 9900 | €29,748 | €42,398 | +€12,650 | +42.5% |
| Operating profit (loss) | 9901 | €1,622 | €16,284 | +€14,662 | +904.2% |
| Financial charges | 65/66B | €1,038 | €4,439 | +€3,401 | +327.6% |
| Recurring financial charges | 65 | €1,038 | €4,439 | +€3,401 | +327.6% |
| Profit (loss) for the period before taxes | 9903 | €583 | €11,844 | +€11,261 | +1930.2% |
| Income taxes | 67/77 | €155 | €2,370 | +€2,215 | +1432.8% |
| Profit (loss) for the period | 9904 | €429 | €9,475 | +€9,046 | +2109.6% |
| Profit (loss) for the period to be appropriated | 9905 | €429 | €9,475 | +€9,046 | +2109.6% |
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 6 October 2026 via checked.be.