HEMOSA: 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.
HEMOSA
Largest movements
- Tangible fixed assets -€26,468
down €26,468 (-2.4%), from €1.1m to €1.1m
of which Land and buildings: -€28,599
- Debts after one year -€24,599
down €24,599 (-8.5%), from €288,651 to €264,052
of which Financial debts: -€24,599
- Profit (loss) carried forward -€12,902
down €12,902 (-29.9%), from -€43,143 to -€56,045
- Gross operating margin -€121,915
down €121,915 (-73.1%), from €166,667 to €44,752
- Other operating charges +€11,176
up €11,176 (+312.0%), from €3,582 to €14,758
- Financial charges -€2,844
down €2,844 (-36.3%), from €7,837 to €4,994
- Taxes -€2,441
down €2,441 (-81.8%), from €2,983 to €542
- Depreciation -€2,013
down €2,013 (-5.1%), from €39,384 to €37,372
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 | €1,259,216 | €1,227,662 | -€31,553 | -2.5% |
| Fixed assets | 21/28 | €1,098,407 | €1,072,189 | -€26,218 | -2.4% |
| Tangible fixed assets | 22/27 | €1,098,407 | €1,071,939 | -€26,468 | -2.4% |
| Land and buildings | 22 | €1,062,386 | €1,033,787 | -€28,599 | -2.7% |
| Plant, machinery and equipment | 23 | €30,135 | €33,295 | +€3,160 | +10.5% |
| Furniture and vehicles | 24 | €5,887 | €4,858 | -€1,029 | -17.5% |
| Financial fixed assets | 28 | - | €250 | +€250 | |
| Current assets | 29/58 | €160,808 | €155,473 | -€5,335 | -3.3% |
| Amounts receivable within one year | 40/41 | €13,344 | €9,896 | -€3,449 | -25.8% |
| Trade receivables | 40 | €9,325 | €9,885 | +€560 | +6.0% |
| Other amounts receivable | 41 | €4,019 | €10 | -€4,009 | -99.7% |
| Cash at bank and in hand | 54/58 | €146,087 | €145,578 | -€510 | -0.3% |
| Deferred charges and accrued income | 490/1 | €1,376 | - | -€1,376 | |
| Total equity and liabilities | 10/49 | €1,259,216 | €1,227,662 | -€31,553 | -2.5% |
| Equity | 10/15 | €892,619 | €879,717 | -€12,902 | -1.4% |
| Contributions | 10/11 | €850,000 | €850,000 | = | 0.0% |
| Reserves | 13 | €85,762 | €85,762 | = | 0.0% |
| Non-distributable reserves | 130/1 | €29,119 | €29,119 | = | 0.0% |
| Reserves not available under the articles | 1311 | €29,119 | €29,119 | = | 0.0% |
| Distributable reserves | 133 | €56,643 | €56,643 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€43,143 | -€56,045 | -€12,902 | -29.9% |
| Amounts payable | 17/49 | €366,596 | €347,945 | -€18,651 | -5.1% |
| Amounts payable after more than one year | 17 | €288,651 | €264,052 | -€24,599 | -8.5% |
| Financial debts | 170/4 | €278,247 | €253,648 | -€24,599 | -8.8% |
| Other amounts payable | 178/9 | €10,404 | €10,404 | = | 0.0% |
| Amounts payable within one year | 42/48 | €77,945 | €83,893 | +€5,948 | +7.6% |
| Current portion of amounts payable after more than one year | 42 | €24,212 | €24,599 | +€387 | +1.6% |
| Trade debts | 44 | €2,183 | €7,145 | +€4,963 | +227.3% |
| Suppliers | 440/4 | €2,183 | €7,145 | +€4,963 | +227.3% |
| Taxes, remuneration and social security | 45 | €4,537 | €7,730 | +€3,193 | +70.4% |
| Taxes | 450/3 | €2,862 | €4,502 | +€1,641 | +57.3% |
| Remuneration and social security | 454/9 | €1,675 | €3,228 | +€1,553 | +92.7% |
| Other amounts payable | 47/48 | €47,013 | €44,418 | -€2,595 | -5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,384 | €37,372 | -€2,013 | -5.1% |
| Other operating charges | 640/8 | €3,582 | €14,758 | +€11,176 | +312.0% |
| Non-recurring operating charges | 66A | €154,119 | - | -€154,119 | |
| Gross operating margin | 9900 | €166,667 | €44,752 | -€121,915 | -73.1% |
| Operating profit (loss) | 9901 | -€30,418 | -€7,378 | +€23,041 | +75.7% |
| Financial income | 75/76B | €37 | €12 | -€25 | -68.4% |
| Recurring financial income | 75 | €37 | €12 | -€25 | -68.4% |
| Financial charges | 65/66B | €7,837 | €4,994 | -€2,844 | -36.3% |
| Recurring financial charges | 65 | €7,837 | €4,994 | -€2,844 | -36.3% |
| Profit (loss) for the period before taxes | 9903 | -€38,219 | -€12,360 | +€25,859 | +67.7% |
| Income taxes | 67/77 | €2,983 | €542 | -€2,441 | -81.8% |
| Profit (loss) for the period | 9904 | -€41,202 | -€12,902 | +€28,300 | +68.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€41,202 | -€12,902 | +€28,300 | +68.7% |
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 12 October 2026 via checked.be.