HIMA: 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.
HIMA
Largest movements
- Current investments -€162,226
down €162,226 (-79.8%), from €203,206 to €40,981
- Cash +€141,350
up €141,350 (+412%), from €34,337 to €175,687
mainly Current investments (+€162,226) and Depreciation (+€19,346)
- Receivables within one year +€13,730
new in 2025: €13,730
of which Trade receivables: +€12,900
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€11,454
up €11,454 (+125%), from €9,160 to €20,614
- Financial income -€1,524
down €1,524 (-35.5%), from €4,291 to €2,767
- Taxes -€1,085
down €1,085 (-100%), from €1,085 to €0
- Depreciation +€863
up €863 (+4.7%), from €18,483 to €19,346
- Other operating charges +€242
up €242 (+4.4%), from €5,522 to €5,764
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 | €666,552 | €660,074 | -€6,479 | -1.0% |
| Fixed assets | 21/28 | €428,614 | €429,268 | +€654 | +0.2% |
| Tangible fixed assets | 22/27 | €428,614 | €429,268 | +€654 | +0.2% |
| Land and buildings | 22 | €428,614 | €429,268 | +€654 | +0.2% |
| Current assets | 29/58 | €237,938 | €230,805 | -€7,132 | -3.0% |
| Amounts receivable within one year | 40/41 | - | €13,730 | +€13,730 | |
| Trade receivables | 40 | - | €12,900 | +€12,900 | |
| Other amounts receivable | 41 | - | €830 | +€830 | |
| Current investments | 50/53 | €203,206 | €40,981 | -€162,226 | -79.8% |
| Cash at bank and in hand | 54/58 | €34,337 | €175,687 | +€141,350 | +412% |
| Deferred charges and accrued income | 490/1 | €395 | €407 | +€13 | +3.2% |
| Total equity and liabilities | 10/49 | €666,552 | €660,074 | -€6,479 | -1.0% |
| Equity | 10/15 | €349,318 | €347,399 | -€1,919 | -0.5% |
| Contributions | 10/11 | €461,800 | €461,800 | = | 0.0% |
| Capital | 10 | €461,800 | €461,800 | = | 0.0% |
| Issued capital | 100 | €461,800 | €461,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€112,482 | -€114,401 | -€1,919 | -1.7% |
| Amounts payable | 17/49 | €317,234 | €312,674 | -€4,560 | -1.4% |
| Amounts payable after more than one year | 17 | €255,000 | €255,000 | = | 0.0% |
| Financial debts | 170/4 | €255,000 | €255,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €62,234 | €56,966 | -€5,268 | -8.5% |
| Trade debts | 44 | €26 | €33 | +€6 | +24.6% |
| Suppliers | 440/4 | €26 | €33 | +€6 | +24.6% |
| Other amounts payable | 47/48 | €62,208 | €56,933 | -€5,274 | -8.5% |
| Accrued charges and deferred income | 492/3 | - | €708 | +€708 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,483 | €19,346 | +€863 | +4.7% |
| Other operating charges | 640/8 | €5,522 | €5,764 | +€242 | +4.4% |
| Gross operating margin | 9900 | €9,160 | €20,614 | +€11,454 | +125% |
| Operating profit (loss) | 9901 | -€14,845 | -€4,496 | +€10,349 | +69.7% |
| Financial income | 75/76B | €4,291 | €2,767 | -€1,524 | -35.5% |
| Recurring financial income | 75 | €4,291 | €2,767 | -€1,524 | -35.5% |
| Financial charges | 65/66B | €103 | €190 | +€87 | +84.5% |
| Recurring financial charges | 65 | €103 | €190 | +€87 | +84.5% |
| Profit (loss) for the period before taxes | 9903 | -€10,656 | -€1,919 | +€8,738 | +82.0% |
| Income taxes | 67/77 | €1,085 | €0 | -€1,085 | -100% |
| Profit (loss) for the period | 9904 | -€11,742 | -€1,919 | +€9,823 | +83.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,742 | -€1,919 | +€9,823 | +83.7% |
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 17 October 2026 via checked.be.