HEMOCO: 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.
HEMOCO
Largest movements
- Cash +€181,620
up €181,620 (+61.7%), from €294,183 to €475,802
mainly Current investments (+€100,000) and Depreciation (+€60,054)
- Current investments -€100,000
down €100,000 (-3.8%), from €2.6m to €2.5m
- Tangible fixed assets -€60,054
down €60,054 (-20.8%), from €289,239 to €229,185
of which Land and buildings: -€55,890
No liability line moved by more than 1% of the balance sheet total.
- Financial income +€10,109
up €10,109 (+12.3%), from €82,417 to €92,525
- Depreciation -€9,314
down €9,314 (-13.4%), from €69,368 to €60,054
- Gross operating margin -€5,342
down €5,342 (-26.5%), from €20,146 to €14,804
- Taxes +€1,198
up €1,198 (+55.6%), from €2,157 to €3,355
- Other operating charges +€494
up €494 (+3.7%), from €13,346 to €13,840
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.
Derived cash bridge
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 | €3,288,883 | €3,317,119 | +€28,236 | +0.9% |
| Fixed assets | 21/28 | €289,239 | €229,185 | -€60,054 | -20.8% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €289,239 | €229,185 | -€60,054 | -20.8% |
| Land and buildings | 22 | €273,332 | €217,442 | -€55,890 | -20.4% |
| Plant, machinery and equipment | 23 | €12,871 | €9,234 | -€3,636 | -28.3% |
| Furniture and vehicles | 24 | €1,056 | €924 | -€132 | -12.5% |
| Other tangible fixed assets | 26 | €1,980 | €1,584 | -€396 | -20.0% |
| Current assets | 29/58 | €2,999,644 | €3,087,934 | +€88,290 | +2.9% |
| Amounts receivable within one year | 40/41 | €28,681 | €45,631 | +€16,951 | +59.1% |
| Trade receivables | 40 | - | €2,313 | +€2,313 | |
| Other amounts receivable | 41 | €28,681 | €43,318 | +€14,638 | +51.0% |
| Current investments | 50/53 | €2,600,000 | €2,500,000 | -€100,000 | -3.8% |
| Cash at bank and in hand | 54/58 | €294,183 | €475,802 | +€181,620 | +61.7% |
| Deferred charges and accrued income | 490/1 | €76,781 | €66,500 | -€10,281 | -13.4% |
| Total equity and liabilities | 10/49 | €3,288,883 | €3,317,119 | +€28,236 | +0.9% |
| Equity | 10/15 | €3,254,923 | €3,284,814 | +€29,891 | +0.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €3,248,723 | €3,278,614 | +€29,891 | +0.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €3,246,863 | €3,276,754 | +€29,891 | +0.9% |
| Amounts payable | 17/49 | €33,960 | €32,305 | -€1,655 | -4.9% |
| Amounts payable after more than one year | 17 | €7,800 | €7,800 | = | 0.0% |
| Other amounts payable | 178/9 | €7,800 | €7,800 | = | 0.0% |
| Amounts payable within one year | 42/48 | €3,626 | €5,191 | +€1,565 | +43.2% |
| Trade debts | 44 | €969 | €2,061 | +€1,092 | +113% |
| Suppliers | 440/4 | €969 | €2,061 | +€1,092 | +113% |
| Taxes, remuneration and social security | 45 | €2,657 | €3,130 | +€473 | +17.8% |
| Taxes | 450/3 | €2,657 | €3,130 | +€473 | +17.8% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €22,534 | €19,314 | -€3,220 | -14.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €69,368 | €60,054 | -€9,314 | -13.4% |
| Other operating charges | 640/8 | €13,346 | €13,840 | +€494 | +3.7% |
| Gross operating margin | 9900 | €20,146 | €14,804 | -€5,342 | -26.5% |
| Operating profit (loss) | 9901 | -€62,567 | -€59,089 | +€3,477 | +5.6% |
| Financial income | 75/76B | €82,417 | €92,525 | +€10,109 | +12.3% |
| Recurring financial income | 75 | €82,417 | €92,525 | +€10,109 | +12.3% |
| Financial charges | 65/66B | €190 | €190 | = | 0.0% |
| Recurring financial charges | 65 | €190 | €190 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €19,660 | €33,246 | +€13,586 | +69.1% |
| Income taxes | 67/77 | €2,157 | €3,355 | +€1,198 | +55.6% |
| Profit (loss) for the period | 9904 | €17,503 | €29,891 | +€12,388 | +70.8% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €17,503 | €29,891 | +€12,388 | +70.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.