HEMELSDIEP: what changed
HEMELSDIEP
Largest movements
- Cash +€146,904
up €146,904 (+285%), from €51,475 to €198,379
mainly Current investments (+€99,338) and Receivables within one year (+€61,931)
- Current investments -€99,338
down €99,338 (-42.8%), from €232,332 to €132,993
- Receivables within one year -€61,931
down €61,931 (-56.0%), from €110,575 to €48,644
of which Other amounts receivable: -€41,130
- Receivables after one year -€18,128
down €18,128 (-100%), from €18,128 to €0
- Contributions -€50,000
down €50,000 (-7.9%), from €636,200 to €586,200
- Other debts +€17,194
new in 2025: €17,194
- Tax, wage and social debts -€9,790
down €9,790 (-100%), from €9,790 to €0
- Trade debts +€8,207
up €8,207 (+207%), from €3,966 to €12,174
- Gross operating margin -€87,676
down €87,676 (-96.1%), from €91,214 to €3,538
- Taxes -€25,894
down €25,894 (-91.6%), from €28,264 to €2,370
- Other operating charges -€3,869
down €3,869 (-68.5%), from €5,652 to €1,782
- Depreciation +€3,301
up €3,301 (+382%), from €865 to €4,166
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €424,142 | €387,483 | -€36,659 | -8.6% |
| Fixed assets | 21/28 | €11,632 | €7,466 | -€4,166 | -35.8% |
| Tangible fixed assets | 22/27 | €11,632 | €7,466 | -€4,166 | -35.8% |
| Furniture and vehicles | 24 | €11,632 | €7,466 | -€4,166 | -35.8% |
| Current assets | 29/58 | €412,510 | €380,017 | -€32,493 | -7.9% |
| Amounts receivable after more than one year | 29 | €18,128 | €0 | -€18,128 | -100% |
| Other amounts receivable | 291 | €18,128 | €0 | -€18,128 | -100% |
| Amounts receivable within one year | 40/41 | €110,575 | €48,644 | -€61,931 | -56.0% |
| Trade receivables | 40 | €68,572 | €47,771 | -€20,800 | -30.3% |
| Other amounts receivable | 41 | €42,003 | €873 | -€41,130 | -97.9% |
| Current investments | 50/53 | €232,332 | €132,993 | -€99,338 | -42.8% |
| Cash at bank and in hand | 54/58 | €51,475 | €198,379 | +€146,904 | +285% |
| Total equity and liabilities | 10/49 | €424,142 | €387,483 | -€36,659 | -8.6% |
| Equity | 10/15 | €410,385 | €358,116 | -€52,269 | -12.7% |
| Contributions | 10/11 | €636,200 | €586,200 | -€50,000 | -7.9% |
| Reserves | 13 | €59,119 | €59,119 | = | 0.0% |
| Distributable reserves | 133 | €59,119 | €59,119 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€284,934 | -€287,203 | -€2,269 | -0.8% |
| Amounts payable | 17/49 | €13,757 | €29,367 | +€15,610 | +113% |
| Amounts payable within one year | 42/48 | €13,757 | €29,367 | +€15,610 | +113% |
| Trade debts | 44 | €3,966 | €12,174 | +€8,207 | +207% |
| Suppliers | 440/4 | €3,966 | €12,174 | +€8,207 | +207% |
| Taxes, remuneration and social security | 45 | €9,790 | €0 | -€9,790 | -100% |
| Taxes | 450/3 | €9,790 | €0 | -€9,790 | -100% |
| Other amounts payable | 47/48 | - | €17,194 | +€17,194 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €865 | €4,166 | +€3,301 | +382% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €5,652 | €1,782 | -€3,869 | -68.5% |
| Gross operating margin | 9900 | €91,214 | €3,538 | -€87,676 | -96.1% |
| Operating profit (loss) | 9901 | €84,697 | -€2,410 | -€87,108 | |
| Financial income | 75/76B | €3,387 | €2,785 | -€602 | -17.8% |
| Recurring financial income | 75 | €3,387 | €2,785 | -€602 | -17.8% |
| Financial charges | 65/66B | €702 | €274 | -€428 | -61.0% |
| Recurring financial charges | 65 | €702 | €274 | -€428 | -61.0% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €87,383 | €101 | -€87,282 | -99.9% |
| Income taxes | 67/77 | €28,264 | €2,370 | -€25,894 | -91.6% |
| Profit (loss) for the period | 9904 | €59,119 | -€2,269 | -€61,388 | |
| Profit (loss) for the period to be appropriated | 9905 | €59,119 | -€2,269 | -€61,388 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.