HEMCO: 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.
HEMCO
Largest movements
- Receivables within one year +€45,263
up €45,263 (+23.0%), from €196,637 to €241,900
of which Other amounts receivable: +€45,263
- Accrued charges and deferred income +€19,800
up €19,800 (+56.7%), from €34,890 to €54,690
- Profit (loss) carried forward +€12,984
up €12,984 (+25.7%), from -€50,591 to -€37,607
- Trade debts +€8,349
up €8,349 (+8.2%), from €101,519 to €109,868
- Tax, wage and social debts +€4,260
new in 2025: €4,260
- Gross operating margin +€18,789
up €18,789 (+2437.9%), from €771 to €19,560
- Taxes +€4,260
new in 2025: €4,260
- Other operating charges +€1,853
up €1,853 (+482.0%), from €384 to €2,237
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 | €249,428 | €294,820 | +€45,393 | +18.2% |
| Fixed assets | 21/28 | €52,697 | €52,697 | = | 0.0% |
| Financial fixed assets | 28 | €52,697 | €52,697 | = | 0.0% |
| Current assets | 29/58 | €196,731 | €242,123 | +€45,393 | +23.1% |
| Amounts receivable within one year | 40/41 | €196,637 | €241,900 | +€45,263 | +23.0% |
| Trade receivables | 40 | €0 | €0 | = | |
| Other amounts receivable | 41 | €196,637 | €241,900 | +€45,263 | +23.0% |
| Cash at bank and in hand | 54/58 | €93 | €223 | +€130 | +138.6% |
| Total equity and liabilities | 10/49 | €249,428 | €294,820 | +€45,393 | +18.2% |
| Equity | 10/15 | €113,018 | €126,003 | +€12,984 | +11.5% |
| Contributions | 10/11 | €148,736 | €148,736 | = | 0.0% |
| Capital | 10 | - | €148,736 | +€148,736 | |
| Issued capital | 100 | - | €148,736 | +€148,736 | |
| Reserves | 13 | €14,874 | €14,874 | = | 0.0% |
| Non-distributable reserves | 130/1 | €14,874 | €14,874 | = | 0.0% |
| Reserves not available under the articles | 1311 | €14,874 | €14,874 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€50,591 | -€37,607 | +€12,984 | +25.7% |
| Amounts payable | 17/49 | €136,409 | €168,818 | +€32,409 | +23.8% |
| Amounts payable within one year | 42/48 | €101,519 | €114,128 | +€12,609 | +12.4% |
| Trade debts | 44 | €101,519 | €109,868 | +€8,349 | +8.2% |
| Suppliers | 440/4 | €101,519 | €109,868 | +€8,349 | +8.2% |
| Taxes, remuneration and social security | 45 | - | €4,260 | +€4,260 | |
| Taxes | 450/3 | - | €4,260 | +€4,260 | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €34,890 | €54,690 | +€19,800 | +56.7% |
| Other operating charges | 640/8 | €384 | €2,237 | +€1,853 | +482.0% |
| Gross operating margin | 9900 | €771 | €19,560 | +€18,789 | +2437.9% |
| Operating profit (loss) | 9901 | €386 | €17,323 | +€16,936 | +4384.6% |
| Financial charges | 65/66B | €86 | €78 | -€8 | -9.4% |
| Recurring financial charges | 65 | €86 | €78 | -€8 | -9.4% |
| Profit (loss) for the period before taxes | 9903 | €300 | €17,244 | +€16,944 | +5651.3% |
| Income taxes | 67/77 | - | €4,260 | +€4,260 | |
| Profit (loss) for the period | 9904 | €300 | €12,984 | +€12,684 | +4230.5% |
| Profit (loss) for the period to be appropriated | 9905 | €300 | €12,984 | +€12,684 | +4230.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.