HEMELSOEN: 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.
HEMELSOEN
Largest movements
- Receivables within one year -€40,725
down €40,725 (-20.6%), from €197,283 to €156,558
- Tangible fixed assets -€11,708
down €11,708 (-6.1%), from €193,501 to €181,793
- Cash +€5,828
up €5,828 (+8.9%), from €65,678 to €71,506
mainly Net result for the year (+€41,534) and Receivables within one year (+€40,725)
- Debts after one year -€25,786
down €25,786 (-58.9%), from €43,800 to €18,015
- Reserves -€18,760
down €18,760 (-10.0%), from €186,679 to €167,919
of which Distributable reserves: -€18,760
- Gross operating margin -€4,468
down €4,468 (-5.8%), from €76,905 to €72,437
- Depreciation +€2,212
up €2,212 (+20.2%), from €10,958 to €13,170
- Other operating charges -€1,623
down €1,623 (-42.4%), from €3,829 to €2,206
- Taxes +€1,462
up €1,462 (+7.0%), from €20,904 to €22,365
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 | €462,012 | €415,407 | -€46,605 | -10.1% |
| Fixed assets | 21/28 | €193,501 | €181,793 | -€11,708 | -6.1% |
| Tangible fixed assets | 22/27 | €193,501 | €181,793 | -€11,708 | -6.1% |
| Land and buildings | 22 | €173,550 | €167,708 | -€5,842 | -3.4% |
| Plant, machinery and equipment | 23 | €11,389 | €9,442 | -€1,946 | -17.1% |
| Furniture and vehicles | 24 | €8,563 | €4,643 | -€3,920 | -45.8% |
| Current assets | 29/58 | €268,511 | €233,614 | -€34,897 | -13.0% |
| Amounts receivable within one year | 40/41 | €197,283 | €156,558 | -€40,725 | -20.6% |
| Other amounts receivable | 41 | €197,283 | €156,558 | -€40,725 | -20.6% |
| Cash at bank and in hand | 54/58 | €65,678 | €71,506 | +€5,828 | +8.9% |
| Deferred charges and accrued income | 490/1 | €5,550 | €5,550 | = | 0.0% |
| Total equity and liabilities | 10/49 | €462,012 | €415,407 | -€46,605 | -10.1% |
| Equity | 10/15 | €380,531 | €361,771 | -€18,760 | -4.9% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €186,679 | €167,919 | -€18,760 | -10.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €184,820 | €166,060 | -€18,760 | -10.2% |
| Profit (loss) carried forward | 14 | €187,654 | €187,654 | = | 0.0% |
| Amounts payable | 17/49 | €81,481 | €53,636 | -€27,845 | -34.2% |
| Amounts payable after more than one year | 17 | €43,800 | €18,015 | -€25,786 | -58.9% |
| Financial debts | 170/4 | €43,800 | €18,015 | -€25,786 | -58.9% |
| Amounts payable within one year | 42/48 | €37,681 | €35,621 | -€2,060 | -5.5% |
| Current portion of amounts payable after more than one year | 42 | €25,390 | €25,786 | +€395 | +1.6% |
| Trade debts | 44 | €296 | €175 | -€121 | -40.9% |
| Suppliers | 440/4 | €296 | €175 | -€121 | -40.9% |
| Taxes, remuneration and social security | 45 | €11,995 | €9,661 | -€2,334 | -19.5% |
| Taxes | 450/3 | €11,995 | €9,661 | -€2,334 | -19.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,958 | €13,170 | +€2,212 | +20.2% |
| Other operating charges | 640/8 | €3,829 | €2,206 | -€1,623 | -42.4% |
| Gross operating margin | 9900 | €76,905 | €72,437 | -€4,468 | -5.8% |
| Operating profit (loss) | 9901 | €62,118 | €57,060 | -€5,058 | -8.1% |
| Financial income | 75/76B | €8,088 | €8,268 | +€180 | +2.2% |
| Recurring financial income | 75 | €8,088 | €8,268 | +€180 | +2.2% |
| Financial charges | 65/66B | €1,989 | €1,429 | -€560 | -28.2% |
| Recurring financial charges | 65 | €1,989 | €1,429 | -€560 | -28.2% |
| Profit (loss) for the period before taxes | 9903 | €68,217 | €63,900 | -€4,318 | -6.3% |
| Income taxes | 67/77 | €20,904 | €22,365 | +€1,462 | +7.0% |
| Profit (loss) for the period | 9904 | €47,314 | €41,534 | -€5,779 | -12.2% |
| Profit (loss) for the period to be appropriated | 9905 | €47,314 | €41,534 | -€5,779 | -12.2% |
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 1 October 2026 via checked.be.