HEMODELVA: 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.
HEMODELVA
Largest movements
- Cash +€44,480
up €44,480 (+56.1%), from €79,276 to €123,756
mainly Net result for the year (+€65,029) and Receivables within one year (+€39,366)
- Deferred charges and accrued income +€39,525
up €39,525 (+568.6%), from €6,951 to €46,476
- Receivables within one year -€39,366
down €39,366 (-88.9%), from €44,266 to €4,900
of which Other amounts receivable: -€37,366
- Tangible fixed assets -€12,103
down €12,103 (-8.9%), from €136,490 to €124,387
of which Land and buildings: -€12,232
- Reserves +€60,000
up €60,000 (+188.3%), from €31,860 to €91,860
- Debts after one year -€24,458
down €24,458 (-15.0%), from €163,159 to €138,701
- Tax, wage and social debts -€8,954
down €8,954 (-59.7%), from €15,000 to €6,046
- Profit (loss) carried forward +€5,029
up €5,029 (+33.1%), from €15,205 to €20,234
- Gross operating margin +€33,183
up €33,183 (+42.7%), from €77,701 to €110,883
- Taxes +€14,095
up €14,095 (+138.6%), from €10,168 to €24,263
- Depreciation -€3,921
down €3,921 (-21.9%), from €17,876 to €13,955
- Financial income +€1,841
up €1,841 (+2629.7%), from €70 to €1,911
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 | €266,982 | €299,518 | +€32,536 | +12.2% |
| Fixed assets | 21/28 | €136,490 | €124,387 | -€12,103 | -8.9% |
| Tangible fixed assets | 22/27 | €136,490 | €124,387 | -€12,103 | -8.9% |
| Land and buildings | 22 | €134,001 | €121,769 | -€12,232 | -9.1% |
| Plant, machinery and equipment | 23 | €1,852 | €869 | -€983 | -53.1% |
| Furniture and vehicles | 24 | €636 | €1,749 | +€1,113 | +174.9% |
| Current assets | 29/58 | €130,493 | €175,131 | +€44,638 | +34.2% |
| Amounts receivable within one year | 40/41 | €44,266 | €4,900 | -€39,366 | -88.9% |
| Trade receivables | 40 | €2,000 | - | -€2,000 | |
| Other amounts receivable | 41 | €42,266 | €4,900 | -€37,366 | -88.4% |
| Cash at bank and in hand | 54/58 | €79,276 | €123,756 | +€44,480 | +56.1% |
| Deferred charges and accrued income | 490/1 | €6,951 | €46,476 | +€39,525 | +568.6% |
| Total equity and liabilities | 10/49 | €266,982 | €299,518 | +€32,536 | +12.2% |
| Equity | 10/15 | €59,465 | €124,494 | +€65,029 | +109.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €31,860 | €91,860 | +€60,000 | +188.3% |
| Distributable reserves | 133 | €31,860 | €91,860 | +€60,000 | +188.3% |
| Profit (loss) carried forward | 14 | €15,205 | €20,234 | +€5,029 | +33.1% |
| Amounts payable | 17/49 | €207,518 | €175,024 | -€32,494 | -15.7% |
| Amounts payable after more than one year | 17 | €163,159 | €138,701 | -€24,458 | -15.0% |
| Financial debts | 170/4 | €163,159 | €138,701 | -€24,458 | -15.0% |
| Amounts payable within one year | 42/48 | €44,358 | €36,323 | -€8,035 | -18.1% |
| Current portion of amounts payable after more than one year | 42 | €21,604 | €22,849 | +€1,245 | +5.8% |
| Trade debts | 44 | €6,025 | €5,274 | -€751 | -12.5% |
| Suppliers | 440/4 | €6,025 | €5,274 | -€751 | -12.5% |
| Taxes, remuneration and social security | 45 | €15,000 | €6,046 | -€8,954 | -59.7% |
| Taxes | 450/3 | €15,000 | €6,046 | -€8,954 | -59.7% |
| Other amounts payable | 47/48 | €1,730 | €2,154 | +€424 | +24.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,876 | €13,955 | -€3,921 | -21.9% |
| Other operating charges | 640/8 | €1,347 | €1,185 | -€162 | -12.0% |
| Gross operating margin | 9900 | €77,701 | €110,883 | +€33,183 | +42.7% |
| Operating profit (loss) | 9901 | €58,478 | €95,744 | +€37,266 | +63.7% |
| Financial income | 75/76B | €70 | €1,911 | +€1,841 | +2629.7% |
| Recurring financial income | 75 | €70 | €1,911 | +€1,841 | +2629.7% |
| Financial charges | 65/66B | €9,264 | €8,363 | -€901 | -9.7% |
| Recurring financial charges | 65 | €9,264 | €8,363 | -€901 | -9.7% |
| Profit (loss) for the period before taxes | 9903 | €49,284 | €89,292 | +€40,008 | +81.2% |
| Income taxes | 67/77 | €10,168 | €24,263 | +€14,095 | +138.6% |
| Profit (loss) for the period | 9904 | €39,116 | €65,029 | +€25,913 | +66.2% |
| Profit (loss) for the period to be appropriated | 9905 | €39,116 | €65,029 | +€25,913 | +66.2% |
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 9 October 2026 via checked.be.