HEMISPHERE LOGISTICS: what changed
Two financial 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.
HEMISPHERE LOGISTICS
Largest movements
- Cash +€297,906
up €297,906 (+34.7%), from €858,250 to €1.2m
mainly Receivables within one year (+€124,195) and Net result for the year (+€100,112)
- Receivables within one year -€124,195
down €124,195 (-55.7%), from €222,966 to €98,771
of which Trade receivables: -€74,806
- Tangible fixed assets -€32,285
down €32,285 (-22.6%), from €142,593 to €110,308
- Profit (loss) carried forward +€100,112
up €100,112 (+9.9%), from €1.0m to €1.1m
- Trade debts +€39,858
up €39,858 (+37.9%), from €105,224 to €145,082
- Turnover -€2.8m
no longer reported in 2025 (was €2.8m)
- Purchases and services -€2.1m
no longer reported in 2025 (was €2.1m)
- Gross operating margin -€94,583
down €94,583 (-13.2%), from €717,292 to €622,709
- Financial charges +€83,243
up €83,243 (+235.0%), from €35,425 to €118,668
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 | €1,225,257 | €1,366,683 | +€141,426 | +11.5% |
| Fixed assets | 21/28 | €142,593 | €110,308 | -€32,285 | -22.6% |
| Tangible fixed assets | 22/27 | €142,593 | €110,308 | -€32,285 | -22.6% |
| Furniture and vehicles | 24 | €142,593 | €110,308 | -€32,285 | -22.6% |
| Current assets | 29/58 | €1,082,664 | €1,256,375 | +€173,711 | +16.0% |
| Amounts receivable within one year | 40/41 | €222,966 | €98,771 | -€124,195 | -55.7% |
| Trade receivables | 40 | €80,243 | €5,437 | -€74,806 | -93.2% |
| Other amounts receivable | 41 | €142,723 | €93,334 | -€49,389 | -34.6% |
| Cash at bank and in hand | 54/58 | €858,250 | €1,156,156 | +€297,906 | +34.7% |
| Deferred charges and accrued income | 490/1 | €1,448 | €1,448 | = | 0.0% |
| Total equity and liabilities | 10/49 | €1,225,257 | €1,366,683 | +€141,426 | +11.5% |
| Equity | 10/15 | €1,034,686 | €1,134,798 | +€100,112 | +9.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €7,500 | €7,500 | = | 0.0% |
| Distributable reserves | 133 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,008,594 | €1,108,706 | +€100,112 | +9.9% |
| Amounts payable | 17/49 | €190,571 | €231,885 | +€41,314 | +21.7% |
| Amounts payable within one year | 42/48 | €190,571 | €228,859 | +€38,288 | +20.1% |
| Trade debts | 44 | €105,224 | €145,082 | +€39,858 | +37.9% |
| Suppliers | 440/4 | €105,224 | €145,082 | +€39,858 | +37.9% |
| Taxes, remuneration and social security | 45 | €85,347 | €83,777 | -€1,570 | -1.8% |
| Taxes | 450/3 | €2,774 | €10,904 | +€8,130 | +293.1% |
| Remuneration and social security | 454/9 | €82,573 | €72,873 | -€9,700 | -11.7% |
| Accrued charges and deferred income | 492/3 | - | €3,026 | +€3,026 | |
| Turnover | 70 | €2,836,123 | - | -€2.8m | |
| Goods, raw materials, services and sundry goods | 60/61 | €2,133,403 | - | -€2.1m | |
| Remuneration, social security and pensions | 62 | €318,977 | €315,989 | -€2,988 | -0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,285 | €32,285 | = | 0.0% |
| Other operating charges | 640/8 | €4,918 | €1,119 | -€3,799 | -77.2% |
| Gross operating margin | 9900 | €717,292 | €622,709 | -€94,583 | -13.2% |
| Operating profit (loss) | 9901 | €361,112 | €273,316 | -€87,796 | -24.3% |
| Financial income | 75/76B | - | €246 | +€246 | |
| Recurring financial income | 75 | - | €246 | +€246 | |
| Financial charges | 65/66B | €35,425 | €118,668 | +€83,243 | +235.0% |
| Recurring financial charges | 65 | €35,425 | €118,668 | +€83,243 | +235.0% |
| Profit (loss) for the period before taxes | 9903 | €325,687 | €154,894 | -€170,793 | -52.4% |
| Income taxes | 67/77 | €67,817 | €54,782 | -€13,035 | -19.2% |
| Profit (loss) for the period | 9904 | €257,870 | €100,112 | -€157,758 | -61.2% |
| Profit (loss) for the period to be appropriated | 9905 | €257,870 | €100,112 | -€157,758 | -61.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.