HEMELAER: what changed
What changed
HEMELAER
NACE 46.321, Wholesale of meat and meat products, excluding game and poultry
filed annual accounts (NBB)
Net result for the year
€191,042
2023 · €194,541-€3,498
Equity
€10.3m
2023 · €10.2m+€86,042
Cash
€535,241
2023 · €1.7m-€1.1m
Balance sheet total
€29.5m
2023 · €27.7m+€1.8m
Largest movements
Assets
- Receivables within one year +€3.8m
up €3.8m (+25.5%), from €15.1m to €18.9m
of which Other amounts receivable: +€2.1m
- Stocks and contracts -€1.1m
down €1.1m (-33.0%), from €3.4m to €2.3m
- Cash -€1.1m
down €1.1m (-67.7%), from €1.7m to €535,241
mainly Receivables within one year (-€3.8m) and Other debts (-€1.4m)
Equity and liabilities
- Trade debts +€1.8m
up €1.8m (+25.1%), from €7.2m to €9.1m
- Other debts -€1.4m
down €1.4m (-36.6%), from €3.8m to €2.4m
- Short-term financial debts +€1.3m
up €1.3m (+34.0%), from €3.7m to €5.0m
- Debts after one year -€363,302
down €363,302 (-17.9%), from €2.0m to €1.7m
Income statement
- Turnover +€24.4m
up €24.4m (+37.8%), from €64.6m to €89.0m
- Goods and materials +€19.3m
up €19.3m (+36.8%), from €52.4m to €71.7m
of which Purchases: +€16.0m
- Services and other goods +€4.9m
up €4.9m (+51.8%), from €9.5m to €14.4m
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
€194,541
Turnover
+€24.4m
Other operating income
-€182,074
Goods and materials
-€19.3m
Services and other goods
-€4.9m
Staff costs
-€121,385
Depreciation
-€80,206
Write-downs
-€132,763
Other operating charges
+€422,617
Other operating items
-€37,255
Financial income
-€1,364
Financial charges
+€12,468
Taxes
-€45,597
Result 2024
€191,042
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€920,707
Investment
-€1.0m
Financing
+€820,734
Cash 2023
€1.7m
From operations (derived)
-€920,707
Net result for the year
+€191,042
Depreciation
+€858,901
Receivables after one year
-€5,733
Stocks and contracts
+€1.1m
Receivables within one year
-€3.8m
Deferred charges and accrued income
-€21,269
Trade debts
+€1.8m
Tax, wage and social debts
+€163,221
Other debts
-€1.4m
Accrued charges and deferred income
+€181,100
Investment (derived)
-€1.0m
Investment in fixed assets (net)
-€1.0m
Financing
+€820,734
Debts after one year
-€363,302
Current portion of long-term debt
+€31,430
Short-term financial debts
+€1.3m
Contributions, distributions and other
-€105,000
Cash 2024
€535,241
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €27,724,543 | €29,506,940 | +€1.8m | +6.4% |
| Fixed assets | 21/28 | €5,199,147 | €5,361,243 | +€162,096 | +3.1% |
| Intangible fixed assets | 21 | €513,668 | €707,936 | +€194,268 | +37.8% |
| Tangible fixed assets | 22/27 | €4,684,534 | €4,651,347 | -€33,187 | -0.7% |
| Plant, machinery and equipment | 23 | €500,564 | €465,362 | -€35,202 | -7.0% |
| Furniture and vehicles | 24 | €263,090 | €311,293 | +€48,203 | +18.3% |
| Leasing and similar rights | 25 | - | €117,256 | +€117,256 | |
| Other tangible fixed assets | 26 | €3,920,880 | €3,757,436 | -€163,444 | -4.2% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | €945 | €1,960 | +€1,015 | +107% |
| Other financial fixed assets | 284/8 | €945 | €1,960 | +€1,015 | +107% |
| Amounts receivable and cash guarantees | 285/8 | €945 | €1,960 | +€1,015 | +107% |
| Current assets | 29/58 | €22,525,396 | €24,145,697 | +€1.6m | +7.2% |
| Amounts receivable after more than one year | 29 | €2,386,640 | €2,392,373 | +€5,733 | +0.2% |
| Other amounts receivable | 291 | €2,386,640 | €2,392,373 | +€5,733 | +0.2% |
| Stocks and contracts in progress | 3 | €3,400,703 | €2,278,787 | -€1.1m | -33.0% |
| Stocks | 30/36 | €3,400,703 | €2,278,787 | -€1.1m | -33.0% |
| Goods purchased for resale | 34 | €3,400,703 | €2,278,787 | -€1.1m | -33.0% |
| Amounts receivable within one year | 40/41 | €15,060,268 | €18,896,453 | +€3.8m | +25.5% |
| Trade receivables | 40 | €13,270,905 | €14,981,575 | +€1.7m | +12.9% |
| Other amounts receivable | 41 | €1,789,363 | €3,914,878 | +€2.1m | +119% |
| Cash at bank and in hand | 54/58 | €1,656,210 | €535,241 | -€1.1m | -67.7% |
| Deferred charges and accrued income | 490/1 | €21,574 | €42,844 | +€21,269 | +98.6% |
| Total equity and liabilities | 10/49 | €27,724,543 | €29,506,940 | +€1.8m | +6.4% |
| Equity | 10/15 | €10,222,303 | €10,308,346 | +€86,042 | +0.8% |
| Contributions | 10/11 | €2,362,000 | €2,362,000 | = | 0.0% |
| Capital | 10 | €2,362,000 | €2,362,000 | = | 0.0% |
| Issued capital | 100 | €2,362,000 | €2,362,000 | = | 0.0% |
| Reserves | 13 | €7,860,303 | €7,860,303 | = | 0.0% |
| Non-distributable reserves | 130/1 | €236,200 | €236,200 | = | 0.0% |
| Legal reserve | 130 | €236,200 | €236,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €28,758 | €28,758 | = | 0.0% |
| Distributable reserves | 133 | €7,595,346 | €7,595,346 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €86,042 | +€86,042 | |
| Amounts payable | 17/49 | €17,502,240 | €19,198,595 | +€1.7m | +9.7% |
| Amounts payable after more than one year | 17 | €2,029,167 | €1,665,865 | -€363,302 | -17.9% |
| Financial debts | 170/4 | €2,029,167 | €1,665,865 | -€363,302 | -17.9% |
| Leasing and similar obligations | 172 | - | €86,698 | +€86,698 | |
| Credit institutions | 173 | €2,029,167 | €1,579,167 | -€450,000 | -22.2% |
| Amounts payable within one year | 42/48 | €15,459,073 | €17,337,629 | +€1.9m | +12.2% |
| Current portion of amounts payable after more than one year | 42 | €450,000 | €481,430 | +€31,430 | +7.0% |
| Financial debts | 43 | €3,697,566 | €4,955,172 | +€1.3m | +34.0% |
| Credit institutions | 430/8 | €3,697,566 | €4,955,172 | +€1.3m | +34.0% |
| Trade debts | 44 | €7,235,634 | €9,051,909 | +€1.8m | +25.1% |
| Suppliers | 440/4 | €7,235,634 | €9,051,909 | +€1.8m | +25.1% |
| Taxes, remuneration and social security | 45 | €275,674 | €438,896 | +€163,221 | +59.2% |
| Taxes | 450/3 | €86,391 | €121,477 | +€35,087 | +40.6% |
| Remuneration and social security | 454/9 | €189,284 | €317,418 | +€128,134 | +67.7% |
| Other amounts payable | 47/48 | €3,800,198 | €2,410,222 | -€1.4m | -36.6% |
| Accrued charges and deferred income | 492/3 | €14,000 | €195,100 | +€181,100 | +1,294% |
| Operating income | 70/76A | €65,478,885 | €89,690,924 | +€24.2m | +37.0% |
| Turnover | 70 | €64,574,845 | €88,968,958 | +€24.4m | +37.8% |
| Other operating income | 74 | €904,040 | €721,966 | -€182,074 | -20.1% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Operating charges | 60/66A | €64,971,266 | €89,152,310 | +€24.2m | +37.2% |
| Goods for resale, raw materials and consumables | 60 | €52,432,971 | €71,742,219 | +€19.3m | +36.8% |
| Purchases | 600/8 | €54,622,855 | €70,620,302 | +€16.0m | +29.3% |
| Change in stocks: decrease (increase) | 609 | -€2,189,885 | €1,121,916 | +€3.3m | |
| Services and other goods | 61 | €9,507,885 | €14,430,689 | +€4.9m | +51.8% |
| Remuneration, social security and pensions | 62 | €1,712,563 | €1,833,947 | +€121,385 | +7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €778,695 | €858,901 | +€80,206 | +10.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€37,895 | €94,868 | +€132,763 | |
| Other operating charges | 640/8 | €577,048 | €154,431 | -€422,617 | -73.2% |
| Non-recurring operating charges | 66A | €0 | €37,255 | +€37,255 | |
| Operating profit (loss) | 9901 | €507,619 | €538,614 | +€30,995 | +6.1% |
| Financial income | 75/76B | €13,796 | €12,432 | -€1,364 | -9.9% |
| Recurring financial income | 75 | €13,796 | €12,432 | -€1,364 | -9.9% |
| Income from current assets | 751 | €11,131 | €7,725 | -€3,405 | -30.6% |
| Other financial income | 752/9 | €2,666 | €4,707 | +€2,041 | +76.6% |
| Financial charges | 65/66B | €305,681 | €293,212 | -€12,468 | -4.1% |
| Recurring financial charges | 65 | €305,681 | €293,212 | -€12,468 | -4.1% |
| Debt charges | 650 | €104,661 | €279,408 | +€174,747 | +167% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | €200,000 | €0 | -€200,000 | -100% |
| Other financial charges | 652/9 | €1,019 | €13,804 | +€12,785 | +1,254% |
| Profit (loss) for the period before taxes | 9903 | €215,734 | €257,833 | +€42,099 | +19.5% |
| Income taxes | 67/77 | €21,194 | €66,791 | +€45,597 | +215% |
| Taxes | 670/3 | €21,194 | €66,791 | +€45,597 | +215% |
| Profit (loss) for the period | 9904 | €194,541 | €191,042 | -€3,498 | -1.8% |
| Profit (loss) for the period to be appropriated | 9905 | €194,541 | €191,042 | -€3,498 | -1.8% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.