HEMTITEC: what changed
Two fiscal 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.
HEMTITEC
Largest movements
- Receivables within one year -€64,426
down €64,426 (-15.6%), from €413,121 to €348,695
of which Trade receivables: -€42,497
- Tangible fixed assets -€12,017
down €12,017 (-34.8%), from €34,494 to €22,477
of which Furniture and vehicles: -€9,398
- Deferred charges and accrued income +€7,070
up €7,070 (+79.4%), from €8,900 to €15,970
- Tax, wage and social debts -€94,185
down €94,185 (-86.3%), from €109,170 to €14,986
of which Remuneration and social security: -€70,340
- Other debts +€42,500
new in 2025: €42,500
- Current portion of long-term debt -€13,315
down €13,315 (-100.0%), from €13,315 to €0
- Gross operating margin -€288,802
down €288,802 (-61.8%), from €467,513 to €178,711
- Staff costs -€273,585
down €273,585 (-71.3%), from €383,880 to €110,295
- Other operating charges -€33,472
down €33,472 (-91.3%), from €36,673 to €3,201
- Taxes -€11,291
down €11,291 (-71.3%), from €15,843 to €4,551
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 | €459,308 | €390,260 | -€69,048 | -15.0% |
| Fixed assets | 21/28 | €35,774 | €23,757 | -€12,017 | -33.6% |
| Tangible fixed assets | 22/27 | €34,494 | €22,477 | -€12,017 | -34.8% |
| Plant, machinery and equipment | 23 | €13,624 | €11,005 | -€2,619 | -19.2% |
| Furniture and vehicles | 24 | €20,870 | €11,472 | -€9,398 | -45.0% |
| Financial fixed assets | 28 | €1,280 | €1,280 | = | 0.0% |
| Current assets | 29/58 | €423,535 | €366,503 | -€57,032 | -13.5% |
| Amounts receivable within one year | 40/41 | €413,121 | €348,695 | -€64,426 | -15.6% |
| Trade receivables | 40 | €140,716 | €98,219 | -€42,497 | -30.2% |
| Other amounts receivable | 41 | €272,405 | €250,477 | -€21,929 | -8.0% |
| Current investments | 50/53 | €1,437 | €1,437 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €77 | €401 | +€324 | +423.3% |
| Deferred charges and accrued income | 490/1 | €8,900 | €15,970 | +€7,070 | +79.4% |
| Total equity and liabilities | 10/49 | €459,308 | €390,260 | -€69,048 | -15.0% |
| Equity | 10/15 | €287,274 | €288,625 | +€1,351 | +0.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €268,672 | €270,022 | +€1,351 | +0.5% |
| 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 | €266,812 | €268,162 | +€1,351 | +0.5% |
| Profit (loss) carried forward | 14 | €3 | €3 | = | 0.0% |
| Amounts payable | 17/49 | €172,034 | €101,635 | -€70,399 | -40.9% |
| Amounts payable within one year | 42/48 | €171,976 | €101,635 | -€70,342 | -40.9% |
| Current portion of amounts payable after more than one year | 42 | €13,315 | €0 | -€13,315 | -100.0% |
| Financial debts | 43 | €4,990 | €1,149 | -€3,841 | -77.0% |
| Credit institutions | 430/8 | €4,990 | €1,149 | -€3,841 | -77.0% |
| Trade debts | 44 | €44,502 | €43,000 | -€1,501 | -3.4% |
| Suppliers | 440/4 | €44,502 | €43,000 | -€1,501 | -3.4% |
| Taxes, remuneration and social security | 45 | €109,170 | €14,986 | -€94,185 | -86.3% |
| Taxes | 450/3 | €28,696 | €4,851 | -€23,845 | -83.1% |
| Remuneration and social security | 454/9 | €80,474 | €10,134 | -€70,340 | -87.4% |
| Other amounts payable | 47/48 | - | €42,500 | +€42,500 | |
| Accrued charges and deferred income | 492/3 | €57 | €0 | -€57 | -100.0% |
| Remuneration, social security and pensions | 62 | €383,880 | €110,295 | -€273,585 | -71.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,072 | €14,709 | +€1,637 | +12.5% |
| Other operating charges | 640/8 | €36,673 | €3,201 | -€33,472 | -91.3% |
| Gross operating margin | 9900 | €467,513 | €178,711 | -€288,802 | -61.8% |
| Operating profit (loss) | 9901 | €33,888 | €50,506 | +€16,618 | +49.0% |
| Financial income | 75/76B | €845 | €885 | +€40 | +4.8% |
| Recurring financial income | 75 | €845 | €885 | +€40 | +4.8% |
| Financial charges | 65/66B | €4,394 | €2,989 | -€1,405 | -32.0% |
| Recurring financial charges | 65 | €4,394 | €2,989 | -€1,405 | -32.0% |
| Profit (loss) for the period before taxes | 9903 | €30,339 | €48,402 | +€18,063 | +59.5% |
| Income taxes | 67/77 | €15,843 | €4,551 | -€11,291 | -71.3% |
| Profit (loss) for the period | 9904 | €14,496 | €43,851 | +€29,355 | +202.5% |
| Profit (loss) for the period to be appropriated | 9905 | €14,496 | €43,851 | +€29,355 | +202.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.