HIMaCoS: 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.
HIMaCoS
Largest movements
- Tangible fixed assets -€65,368
down €65,368 (-6.7%), from €975,220 to €909,852
of which Land and buildings: -€37,063
- Cash +€53,695
up €53,695 (+6.5%), from €828,340 to €882,035
mainly Depreciation (+€81,684) and Net result for the year (+€65,849)
- Debts after one year -€57,402
down €57,402 (-8.0%), from €715,846 to €658,444
- Reserves +€41,653
up €41,653 (+32.8%), from €127,051 to €168,704
of which Distributable reserves: +€49,127
- Profit (loss) carried forward +€24,196
up €24,196 (+2.3%), from €1.1m to €1.1m
- Gross operating margin +€185,862
up €185,862 (+2321.2%), from €8,007 to €193,869
- Turnover +€176,388
up €176,388 (+59.4%), from €297,111 to €473,499
- Taxes +€40,243
up €40,243 (+1099.5%), from €3,660 to €43,903
- Depreciation +€14,502
up €14,502 (+21.6%), from €67,182 to €81,684
- Purchases and services -€9,474
down €9,474 (-3.3%), from €289,104 to €279,630
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,061,302 | €2,067,369 | +€6,067 | +0.3% |
| Fixed assets | 21/28 | €975,220 | €909,852 | -€65,368 | -6.7% |
| Tangible fixed assets | 22/27 | €975,220 | €909,852 | -€65,368 | -6.7% |
| Land and buildings | 22 | €793,061 | €755,998 | -€37,063 | -4.7% |
| Plant, machinery and equipment | 23 | €43,740 | €37,646 | -€6,094 | -13.9% |
| Furniture and vehicles | 24 | €138,419 | €116,208 | -€22,211 | -16.0% |
| Current assets | 29/58 | €1,086,082 | €1,157,517 | +€71,435 | +6.6% |
| Amounts receivable after more than one year | 29 | €177,719 | €177,719 | = | 0.0% |
| Trade receivables | 290 | - | €177,719 | +€177,719 | |
| Other amounts receivable | 291 | €177,719 | - | -€177,719 | |
| Amounts receivable within one year | 40/41 | €76,668 | €93,329 | +€16,661 | +21.7% |
| Trade receivables | 40 | €6,655 | €6,958 | +€303 | +4.6% |
| Other amounts receivable | 41 | €70,013 | €86,371 | +€16,358 | +23.4% |
| Cash at bank and in hand | 54/58 | €828,340 | €882,035 | +€53,695 | +6.5% |
| Deferred charges and accrued income | 490/1 | €3,355 | €4,434 | +€1,079 | +32.2% |
| Total equity and liabilities | 10/49 | €2,061,302 | €2,067,369 | +€6,067 | +0.3% |
| Equity | 10/15 | €1,200,162 | €1,266,011 | +€65,849 | +5.5% |
| Contributions | 10/11 | €8,059 | €8,059 | = | 0.0% |
| Reserves | 13 | €127,051 | €168,704 | +€41,653 | +32.8% |
| Tax-exempt reserves | 132 | €127,051 | €119,577 | -€7,474 | -5.9% |
| Distributable reserves | 133 | - | €49,127 | +€49,127 | |
| Profit (loss) carried forward | 14 | €1,065,052 | €1,089,248 | +€24,196 | +2.3% |
| Provisions and deferred taxes | 16 | €42,350 | €39,859 | -€2,491 | -5.9% |
| Deferred taxes | 168 | €42,350 | €39,859 | -€2,491 | -5.9% |
| Amounts payable | 17/49 | €818,790 | €761,499 | -€57,291 | -7.0% |
| Amounts payable after more than one year | 17 | €715,846 | €658,444 | -€57,402 | -8.0% |
| Financial debts | 170/4 | €715,846 | €658,444 | -€57,402 | -8.0% |
| Amounts payable within one year | 42/48 | €99,715 | €103,043 | +€3,328 | +3.3% |
| Current portion of amounts payable after more than one year | 42 | €64,239 | €78,300 | +€14,061 | +21.9% |
| Trade debts | 44 | €10,272 | €5,245 | -€5,027 | -48.9% |
| Suppliers | 440/4 | €10,272 | €5,245 | -€5,027 | -48.9% |
| Taxes, remuneration and social security | 45 | €15,035 | €19,498 | +€4,463 | +29.7% |
| Taxes | 450/3 | €15,035 | €19,498 | +€4,463 | +29.7% |
| Other amounts payable | 47/48 | €10,169 | - | -€10,169 | |
| Accrued charges and deferred income | 492/3 | €3,229 | €12 | -€3,217 | -99.6% |
| Turnover | 70 | €297,111 | €473,499 | +€176,388 | +59.4% |
| Non-recurring operating income | 76A | €7,768 | €28,674 | +€20,906 | +269.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €289,104 | €279,630 | -€9,474 | -3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,182 | €81,684 | +€14,502 | +21.6% |
| Other operating charges | 640/8 | €5,513 | €7,011 | +€1,498 | +27.2% |
| Non-recurring operating charges | 66A | €11,378 | - | -€11,378 | |
| Gross operating margin | 9900 | €8,007 | €193,869 | +€185,862 | +2321.2% |
| Operating profit (loss) | 9901 | -€76,066 | €105,174 | +€181,240 | |
| Financial income | 75/76B | €8,706 | €9,351 | +€645 | +7.4% |
| Recurring financial income | 75 | €8,706 | €9,351 | +€645 | +7.4% |
| Financial charges | 65/66B | €8,015 | €7,264 | -€751 | -9.4% |
| Recurring financial charges | 65 | €8,015 | €7,264 | -€751 | -9.4% |
| Profit (loss) for the period before taxes | 9903 | -€75,375 | €107,261 | +€182,636 | |
| Transfer from deferred taxes | 780 | €2,491 | €2,491 | = | 0.0% |
| Income taxes | 67/77 | €3,660 | €43,903 | +€40,243 | +1099.5% |
| Profit (loss) for the period | 9904 | -€76,544 | €65,849 | +€142,393 | |
| Transfer from tax-exempt reserves | 789 | €7,474 | €7,474 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€69,070 | €73,323 | +€142,393 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.