HIMAS: 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.
HIMAS
Largest movements
- Cash -€16,671
down €16,671 (-68.8%), from €24,232 to €7,561
mainly Net result for the year (-€37,346) and Deferred charges and accrued income (-€862)
- Reserves -€29,162
no longer reported in 2025 (was €29,162)
- Other debts +€20,477
up €20,477 (+3.6%), from €564,666 to €585,143
- Financial charges +€28,857
up €28,857 (+756.9%), from €3,812 to €32,669
- Other operating charges -€657
down €657 (-54.6%), from €1,203 to €546
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 | €1,103,841 | €1,088,302 | -€15,539 | -1.4% |
| Current assets | 29/58 | €1,103,841 | €1,088,302 | -€15,539 | -1.4% |
| Stocks and contracts in progress | 3 | €1,079,093 | €1,079,093 | = | 0.0% |
| Stocks | 30/36 | €1,079,093 | €1,079,093 | = | 0.0% |
| Amounts receivable within one year | 40/41 | - | €269 | +€269 | |
| Trade receivables | 40 | - | €269 | +€269 | |
| Cash at bank and in hand | 54/58 | €24,232 | €7,561 | -€16,671 | -68.8% |
| Deferred charges and accrued income | 490/1 | €516 | €1,378 | +€862 | +167.1% |
| Total equity and liabilities | 10/49 | €1,103,841 | €1,088,302 | -€15,539 | -1.4% |
| Equity | 10/15 | €39,162 | €1,816 | -€37,346 | -95.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €29,162 | - | -€29,162 | |
| Distributable reserves | 133 | €29,162 | - | -€29,162 | |
| Profit (loss) carried forward | 14 | - | -€8,184 | -€8,184 | |
| Amounts payable | 17/49 | €1,064,679 | €1,086,486 | +€21,806 | +2.0% |
| Amounts payable within one year | 42/48 | €1,064,666 | €1,085,977 | +€21,312 | +2.0% |
| Financial debts | 43 | €500,000 | €500,000 | = | 0.0% |
| Credit institutions | 430/8 | €500,000 | €500,000 | = | 0.0% |
| Trade debts | 44 | - | €834 | +€834 | |
| Suppliers | 440/4 | - | €834 | +€834 | |
| Other amounts payable | 47/48 | €564,666 | €585,143 | +€20,477 | +3.6% |
| Accrued charges and deferred income | 492/3 | €14 | €508 | +€495 | +3642.3% |
| Other operating charges | 640/8 | €1,203 | €546 | -€657 | -54.6% |
| Gross operating margin | 9900 | -€4,133 | -€4,130 | +€3 | +0.1% |
| Operating profit (loss) | 9901 | -€5,336 | -€4,676 | +€660 | +12.4% |
| Financial charges | 65/66B | €3,812 | €32,669 | +€28,857 | +756.9% |
| Recurring financial charges | 65 | €3,812 | €32,669 | +€28,857 | +756.9% |
| Profit (loss) for the period before taxes | 9903 | -€9,149 | -€37,346 | -€28,197 | -308.2% |
| Profit (loss) for the period | 9904 | -€9,149 | -€37,346 | -€28,197 | -308.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,149 | -€37,346 | -€28,197 | -308.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.