Hemeldonk: 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.
Hemeldonk
Largest movements
- Tangible fixed assets +€937,556
up €937,556 (+44.5%), from €2.1m to €3.0m
- Revaluation surpluses +€988,772
new in 2025: €988,772
- Debts after one year -€57,203
down €57,203 (-2.8%), from €2.0m to €2.0m
- Profit (loss) carried forward +€36,275
up €36,275 (+45.2%), from -€80,201 to -€43,926
- Gross operating margin +€31,487
up €31,487 (+17.3%), from €181,842 to €213,329
- Depreciation -€31,217
down €31,217 (-37.9%), from €82,433 to €51,216
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 | €2,150,075 | €3,115,726 | +€965,651 | +44.9% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €2,107,690 | €3,045,245 | +€937,556 | +44.5% |
| Tangible fixed assets | 22/27 | €2,107,690 | €3,045,245 | +€937,556 | +44.5% |
| Land and buildings | 22 | €2,107,690 | €3,045,245 | +€937,556 | +44.5% |
| Current assets | 29/58 | €42,385 | €70,480 | +€28,095 | +66.3% |
| Cash at bank and in hand | 54/58 | €42,385 | €52,067 | +€9,682 | +22.8% |
| Deferred charges and accrued income | 490/1 | - | €18,413 | +€18,413 | |
| Total equity and liabilities | 10/49 | €2,150,075 | €3,115,726 | +€965,651 | +44.9% |
| Equity | 10/15 | €19,799 | €1,044,846 | +€1.0m | +5177.3% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Revaluation surpluses | 12 | - | €988,772 | +€988,772 | |
| Profit (loss) carried forward | 14 | -€80,201 | -€43,926 | +€36,275 | +45.2% |
| Amounts payable | 17/49 | €2,130,276 | €2,070,880 | -€59,396 | -2.8% |
| Amounts payable after more than one year | 17 | €2,049,789 | €1,992,586 | -€57,203 | -2.8% |
| Financial debts | 170/4 | €2,049,789 | €1,992,586 | -€57,203 | -2.8% |
| Amounts payable within one year | 42/48 | €60,212 | €57,445 | -€2,768 | -4.6% |
| Current portion of amounts payable after more than one year | 42 | €54,839 | €57,203 | +€2,364 | +4.3% |
| Trade debts | 44 | €5,374 | €242 | -€5,132 | -95.5% |
| Suppliers | 440/4 | €5,374 | €242 | -€5,132 | -95.5% |
| Accrued charges and deferred income | 492/3 | €20,275 | €20,849 | +€574 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €82,433 | €51,216 | -€31,217 | -37.9% |
| Other operating charges | 640/8 | €9,586 | €10,467 | +€881 | +9.2% |
| Gross operating margin | 9900 | €181,842 | €213,329 | +€31,487 | +17.3% |
| Operating profit (loss) | 9901 | €89,823 | €151,646 | +€61,822 | +68.8% |
| Financial charges | 65/66B | €116,875 | €115,370 | -€1,505 | -1.3% |
| Recurring financial charges | 65 | €116,875 | €115,370 | -€1,505 | -1.3% |
| Profit (loss) for the period before taxes | 9903 | -€27,052 | €36,275 | +€63,327 | |
| Profit (loss) for the period | 9904 | -€27,052 | €36,275 | +€63,327 | |
| Profit (loss) for the period to be appropriated | 9905 | -€27,052 | €36,275 | +€63,327 |
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 8 October 2026 via checked.be.