HEMMAT: 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.
HEMMAT
Largest movements
- Receivables within one year -€60,718
down €60,718 (-56.2%), from €108,079 to €47,361
of which Other amounts receivable: -€56,198
- Cash +€56,387
up €56,387 (+146%), from €38,612 to €95,000
mainly Receivables within one year (+€60,718) and Net result for the year (+€32,384)
- Tangible fixed assets -€29,020
down €29,020 (-22.7%), from €128,120 to €99,100
of which Other tangible fixed assets: -€21,470
- Financial fixed assets +€6,090
up €6,090, from €0 to €6,090
- Profit (loss) carried forward -€14,675
down €14,675 (-26.0%), from €56,462 to €41,787
- Debts after one year -€10,459
down €10,459 (-8.2%), from €127,533 to €117,074
- Trade debts -€7,139
down €7,139 (-20.9%), from €34,224 to €27,084
- Other debts +€6,184
new in 2024: €6,184
- Tax, wage and social debts +€2,774
up €2,774 (+11.8%), from €23,532 to €26,306
of which Taxes: +€1,886
- Gross operating margin +€58,814
up €58,814 (+42.0%), from €140,199 to €199,013
- Staff costs +€11,557
up €11,557 (+13.0%), from €88,963 to €100,520
- Taxes +€5,146
up €5,146 (+58.9%), from €8,740 to €13,886
- Financial income -€2,619
down €2,619 (-99.8%), from €2,625 to €6
- Depreciation -€2,575
down €2,575 (-7.9%), from €32,668 to €30,093
From the 2023 result to the 2024 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.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €274,811 | €250,139 | -€24,672 | -9.0% |
| Fixed assets | 21/28 | €128,120 | €105,189 | -€22,930 | -17.9% |
| Tangible fixed assets | 22/27 | €128,120 | €99,100 | -€29,020 | -22.7% |
| Plant, machinery and equipment | 23 | €15,201 | €12,036 | -€3,165 | -20.8% |
| Furniture and vehicles | 24 | €10,553 | €6,168 | -€4,385 | -41.6% |
| Other tangible fixed assets | 26 | €102,366 | €80,896 | -€21,470 | -21.0% |
| Financial fixed assets | 28 | €0 | €6,090 | +€6,090 | |
| Current assets | 29/58 | €146,691 | €144,950 | -€1,741 | -1.2% |
| Stocks and contracts in progress | 3 | - | €2,589 | +€2,589 | |
| Stocks | 30/36 | - | €2,589 | +€2,589 | |
| Amounts receivable within one year | 40/41 | €108,079 | €47,361 | -€60,718 | -56.2% |
| Trade receivables | 40 | €43,625 | €39,105 | -€4,520 | -10.4% |
| Other amounts receivable | 41 | €64,454 | €8,256 | -€56,198 | -87.2% |
| Cash at bank and in hand | 54/58 | €38,612 | €95,000 | +€56,387 | +146% |
| Total equity and liabilities | 10/49 | €274,811 | €250,139 | -€24,672 | -9.0% |
| Equity | 10/15 | €62,662 | €47,987 | -€14,675 | -23.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €56,462 | €41,787 | -€14,675 | -26.0% |
| Amounts payable | 17/49 | €212,149 | €202,152 | -€9,997 | -4.7% |
| Amounts payable after more than one year | 17 | €127,533 | €117,074 | -€10,459 | -8.2% |
| Financial debts | 170/4 | €127,533 | €117,074 | -€10,459 | -8.2% |
| Amounts payable within one year | 42/48 | €84,616 | €85,078 | +€462 | +0.5% |
| Current portion of amounts payable after more than one year | 42 | €25,057 | €25,271 | +€214 | +0.9% |
| Financial debts | 43 | €1,804 | €233 | -€1,572 | -87.1% |
| Credit institutions | 430/8 | €1,804 | €233 | -€1,572 | -87.1% |
| Trade debts | 44 | €34,224 | €27,084 | -€7,139 | -20.9% |
| Suppliers | 440/4 | €34,224 | €27,084 | -€7,139 | -20.9% |
| Taxes, remuneration and social security | 45 | €23,532 | €26,306 | +€2,774 | +11.8% |
| Taxes | 450/3 | €16,550 | €18,436 | +€1,886 | +11.4% |
| Remuneration and social security | 454/9 | €6,981 | €7,870 | +€889 | +12.7% |
| Other amounts payable | 47/48 | - | €6,184 | +€6,184 | |
| Remuneration, social security and pensions | 62 | €88,963 | €100,520 | +€11,557 | +13.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,668 | €30,093 | -€2,575 | -7.9% |
| Other operating charges | 640/8 | €6,904 | €8,411 | +€1,507 | +21.8% |
| Non-recurring operating charges | 66A | - | €8,865 | +€8,865 | |
| Gross operating margin | 9900 | €140,199 | €199,013 | +€58,814 | +42.0% |
| Operating profit (loss) | 9901 | €11,664 | €51,123 | +€39,459 | +338% |
| Financial income | 75/76B | €2,625 | €6 | -€2,619 | -99.8% |
| Recurring financial income | 75 | €2,625 | €6 | -€2,619 | -99.8% |
| Financial charges | 65/66B | €3,757 | €4,859 | +€1,102 | +29.3% |
| Recurring financial charges | 65 | €3,757 | €4,859 | +€1,102 | +29.3% |
| Profit (loss) for the period before taxes | 9903 | €10,532 | €46,270 | +€35,738 | +339% |
| Income taxes | 67/77 | €8,740 | €13,886 | +€5,146 | +58.9% |
| Profit (loss) for the period | 9904 | €1,792 | €32,384 | +€30,593 | +1,707% |
| Profit (loss) for the period to be appropriated | 9905 | €1,792 | €32,384 | +€30,593 | +1,707% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.