HEMERIJCKX P & A: what changed
HEMERIJCKX P & A
Largest movements
- Cash -€455,085
down €455,085 (-75.3%), from €604,540 to €149,455
mainly Current investments (-€315,640) and Receivables within one year (-€152,538)
- Current investments +€315,640
new in 2025: €315,640
- Receivables within one year +€152,538
up €152,538 (+168%), from €90,733 to €243,271
of which Other amounts receivable: +€171,594
- Tangible fixed assets -€74,112
down €74,112 (-62.1%), from €119,392 to €45,280
of which Furniture and vehicles: -€53,400
- Stocks and contracts -€19,708
no longer reported in 2025 (was €19,708)
- Profit (loss) carried forward -€115,592
down €115,592 (-54.0%), from €213,934 to €98,343
- Reserves +€64,140
up €64,140 (+12.4%), from €516,589 to €580,729
of which Non-distributable reserves: +€115,640
- Debts after one year -€17,023
down €17,023 (-70.3%), from €24,199 to €7,177
- Tax, wage and social debts -€10,398
down €10,398 (-25.3%), from €41,138 to €30,740
of which Taxes: -€10,206
- Staff costs -€419,493
down €419,493 (-82.6%), from €507,943 to €88,450
- Gross operating margin -€402,559
down €402,559 (-59.1%), from €680,958 to €278,399
- Other operating charges +€57,693
up €57,693 (+2,931%), from €1,969 to €59,662
- Depreciation -€16,336
down €16,336 (-51.2%), from €31,928 to €15,592
- Taxes -€8,341
down €8,341 (-17.8%), from €46,844 to €38,503
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 | €841,983 | €753,944 | -€88,039 | -10.5% |
| Fixed assets | 21/28 | €119,392 | €45,280 | -€74,112 | -62.1% |
| Tangible fixed assets | 22/27 | €119,392 | €45,280 | -€74,112 | -62.1% |
| Plant, machinery and equipment | 23 | €20,712 | - | -€20,712 | |
| Furniture and vehicles | 24 | €98,680 | €45,280 | -€53,400 | -54.1% |
| Current assets | 29/58 | €722,591 | €708,664 | -€13,927 | -1.9% |
| Stocks and contracts in progress | 3 | €19,708 | - | -€19,708 | |
| Stocks | 30/36 | €19,708 | - | -€19,708 | |
| Amounts receivable within one year | 40/41 | €90,733 | €243,271 | +€152,538 | +168% |
| Trade receivables | 40 | €38,275 | €19,219 | -€19,056 | -49.8% |
| Other amounts receivable | 41 | €52,458 | €224,053 | +€171,594 | +327% |
| Current investments | 50/53 | - | €315,640 | +€315,640 | |
| Cash at bank and in hand | 54/58 | €604,540 | €149,455 | -€455,085 | -75.3% |
| Deferred charges and accrued income | 490/1 | €7,610 | €298 | -€7,312 | -96.1% |
| Total equity and liabilities | 10/49 | €841,983 | €753,944 | -€88,039 | -10.5% |
| Equity | 10/15 | €749,116 | €697,664 | -€51,452 | -6.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €516,589 | €580,729 | +€64,140 | +12.4% |
| Non-distributable reserves | 130/1 | - | €115,640 | +€115,640 | |
| Reserves not available under the articles | 1311 | - | €115,640 | +€115,640 | |
| Tax-exempt reserves | 132 | €8,730 | €8,730 | = | 0.0% |
| Distributable reserves | 133 | €507,859 | €456,359 | -€51,500 | -10.1% |
| Profit (loss) carried forward | 14 | €213,934 | €98,343 | -€115,592 | -54.0% |
| Amounts payable | 17/49 | €92,868 | €56,280 | -€36,588 | -39.4% |
| Amounts payable after more than one year | 17 | €24,199 | €7,177 | -€17,023 | -70.3% |
| Financial debts | 170/4 | €24,199 | €7,177 | -€17,023 | -70.3% |
| Amounts payable within one year | 42/48 | €66,433 | €48,534 | -€17,899 | -26.9% |
| Current portion of amounts payable after more than one year | 42 | €17,685 | €17,023 | -€662 | -3.7% |
| Trade debts | 44 | €7,610 | €771 | -€6,838 | -89.9% |
| Suppliers | 440/4 | €7,610 | €771 | -€6,838 | -89.9% |
| Taxes, remuneration and social security | 45 | €41,138 | €30,740 | -€10,398 | -25.3% |
| Taxes | 450/3 | €40,946 | €30,740 | -€10,206 | -24.9% |
| Remuneration and social security | 454/9 | €192 | - | -€192 | |
| Accrued charges and deferred income | 492/3 | €2,236 | €569 | -€1,666 | -74.5% |
| Remuneration, social security and pensions | 62 | €507,943 | €88,450 | -€419,493 | -82.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,928 | €15,592 | -€16,336 | -51.2% |
| Other operating charges | 640/8 | €1,969 | €59,662 | +€57,693 | +2,931% |
| Gross operating margin | 9900 | €680,958 | €278,399 | -€402,559 | -59.1% |
| Operating profit (loss) | 9901 | €139,119 | €114,696 | -€24,423 | -17.6% |
| Financial income | 75/76B | €2,698 | €2,605 | -€93 | -3.5% |
| Recurring financial income | 75 | €2,698 | €2,605 | -€93 | -3.5% |
| Financial charges | 65/66B | €3,839 | €2,250 | -€1,589 | -41.4% |
| Recurring financial charges | 65 | €3,839 | €2,250 | -€1,589 | -41.4% |
| Profit (loss) for the period before taxes | 9903 | €137,979 | €115,051 | -€22,928 | -16.6% |
| Income taxes | 67/77 | €46,844 | €38,503 | -€8,341 | -17.8% |
| Profit (loss) for the period | 9904 | €91,135 | €76,548 | -€14,587 | -16.0% |
| Profit (loss) for the period to be appropriated | 9905 | €91,135 | €76,548 | -€14,587 | -16.0% |
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.