HIMACO: 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.
HIMACO
Largest movements
- Tangible fixed assets -€20,574
down €20,574 (-10.5%), from €196,119 to €175,546
- Revaluation surpluses -€249,437
down €249,437 (-96.0%), from €259,830 to €10,393
- Reserves +€249,437
up €249,437 (+433%), from €57,583 to €307,019
- Debts after one year -€24,541
down €24,541 (-5.1%), from €483,108 to €458,567
- Financial charges -€8,309
down €8,309 (-39.3%), from €21,148 to €12,838
- Financial income -€4,783
down €4,783 (-31.5%), from €15,170 to €10,387
- Gross operating margin -€1,776
down €1,776 (-5.0%), from €35,737 to €33,961
- Taxes +€660
up €660 (+16.0%), from €4,119 to €4,779
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 | €490,723 | €471,479 | -€19,244 | -3.9% |
| Fixed assets | 21/28 | €196,119 | €175,546 | -€20,574 | -10.5% |
| Tangible fixed assets | 22/27 | €196,119 | €175,546 | -€20,574 | -10.5% |
| Land and buildings | 22 | €196,119 | €175,546 | -€20,574 | -10.5% |
| Current assets | 29/58 | €294,604 | €295,933 | +€1,329 | +0.5% |
| Amounts receivable within one year | 40/41 | €291,532 | €293,918 | +€2,387 | +0.8% |
| Other amounts receivable | 41 | €291,532 | €293,918 | +€2,387 | +0.8% |
| Cash at bank and in hand | 54/58 | €3,072 | €2,015 | -€1,057 | -34.4% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €490,723 | €471,479 | -€19,244 | -3.9% |
| Equity | 10/15 | -€24,932 | -€22,172 | +€2,760 | +11.1% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Revaluation surpluses | 12 | €259,830 | €10,393 | -€249,437 | -96.0% |
| Reserves | 13 | €57,583 | €307,019 | +€249,437 | +433% |
| Distributable reserves | 133 | €57,583 | €307,019 | +€249,437 | +433% |
| Profit (loss) carried forward | 14 | -€360,894 | -€358,134 | +€2,760 | +0.8% |
| Amounts payable | 17/49 | €515,655 | €493,651 | -€22,004 | -4.3% |
| Amounts payable after more than one year | 17 | €483,108 | €458,567 | -€24,541 | -5.1% |
| Financial debts | 170/4 | €483,108 | €458,567 | -€24,541 | -5.1% |
| Amounts payable within one year | 42/48 | €32,547 | €35,084 | +€2,537 | +7.8% |
| Current portion of amounts payable after more than one year | 42 | €23,951 | €24,541 | +€589 | +2.5% |
| Trade debts | 44 | €3,477 | €3,464 | -€13 | -0.4% |
| Suppliers | 440/4 | €3,477 | €3,464 | -€13 | -0.4% |
| Taxes, remuneration and social security | 45 | €5,119 | €7,079 | +€1,960 | +38.3% |
| Taxes | 450/3 | €5,119 | €7,079 | +€1,960 | +38.3% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,574 | €20,574 | = | 0.0% |
| Other operating charges | 640/8 | €3,287 | €3,396 | +€109 | +3.3% |
| Gross operating margin | 9900 | €35,737 | €33,961 | -€1,776 | -5.0% |
| Operating profit (loss) | 9901 | €11,876 | €9,991 | -€1,885 | -15.9% |
| Financial income | 75/76B | €15,170 | €10,387 | -€4,783 | -31.5% |
| Recurring financial income | 75 | €15,170 | €10,387 | -€4,783 | -31.5% |
| Financial charges | 65/66B | €21,148 | €12,838 | -€8,309 | -39.3% |
| Recurring financial charges | 65 | €21,148 | €12,838 | -€8,309 | -39.3% |
| Profit (loss) for the period before taxes | 9903 | €5,898 | €7,539 | +€1,641 | +27.8% |
| Income taxes | 67/77 | €4,119 | €4,779 | +€660 | +16.0% |
| Profit (loss) for the period | 9904 | €1,779 | €2,760 | +€981 | +55.2% |
| Profit (loss) for the period to be appropriated | 9905 | €1,779 | €2,760 | +€981 | +55.2% |
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 13 October 2026 via checked.be.