HIMMO: 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.
HIMMO
Largest movements
- Cash +€590,685
up €590,685 (+8289.2%), from €7,126 to €597,811
mainly Current investments (+€450,000) and Net result for the year (+€132,097)
- Current investments -€450,000
down €450,000 (-100.0%), from €450,000 to €0
- Tangible fixed assets -€120,535
down €120,535 (-4.5%), from €2.7m to €2.5m
of which Land and buildings: -€123,546
- Profit (loss) carried forward +€111,492
up €111,492 (+9.1%), from €1.2m to €1.3m
- Debts after one year -€87,772
down €87,772 (-19.6%), from €447,022 to €359,250
of which Financial debts: -€95,422
- Current portion of long-term debt -€37,521
down €37,521 (-28.2%), from €132,969 to €95,447
- Other debts +€33,348
up €33,348 (+6.7%), from €499,743 to €533,091
- Other operating charges -€57,578
down €57,578 (-58.9%), from €97,795 to €40,218
- Gross operating margin -€42,631
down €42,631 (-10.4%), from €410,896 to €368,266
- Financial income -€5,577
down €5,577 (-46.6%), from €11,970 to €6,394
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 | €3,185,005 | €3,225,472 | +€40,467 | +1.3% |
| Fixed assets | 21/28 | €2,654,058 | €2,533,523 | -€120,535 | -4.5% |
| Tangible fixed assets | 22/27 | €2,653,945 | €2,533,410 | -€120,535 | -4.5% |
| Land and buildings | 22 | €2,651,856 | €2,528,310 | -€123,546 | -4.7% |
| Plant, machinery and equipment | 23 | €2,089 | €5,099 | +€3,010 | +144.1% |
| Financial fixed assets | 28 | €113 | €113 | = | 0.0% |
| Current assets | 29/58 | €530,946 | €691,949 | +€161,002 | +30.3% |
| Amounts receivable within one year | 40/41 | €70,212 | €72,430 | +€2,219 | +3.2% |
| Trade receivables | 40 | €152 | €306 | +€155 | +102.0% |
| Other amounts receivable | 41 | €70,060 | €72,124 | +€2,064 | +2.9% |
| Current investments | 50/53 | €450,000 | €0 | -€450,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €7,126 | €597,811 | +€590,685 | +8289.2% |
| Deferred charges and accrued income | 490/1 | €3,609 | €21,707 | +€18,098 | +501.5% |
| Total equity and liabilities | 10/49 | €3,185,005 | €3,225,472 | +€40,467 | +1.3% |
| Equity | 10/15 | €1,989,005 | €2,107,102 | +€118,097 | +5.9% |
| Contributions | 10/11 | €697,472 | €697,472 | = | 0.0% |
| Capital | 10 | €697,472 | €697,472 | = | 0.0% |
| Issued capital | 100 | €697,472 | €697,472 | = | 0.0% |
| Reserves | 13 | €60,607 | €67,211 | +€6,605 | +10.9% |
| Non-distributable reserves | 130/1 | €60,607 | €67,211 | +€6,605 | +10.9% |
| Legal reserve | 130 | €60,607 | €67,211 | +€6,605 | +10.9% |
| Profit (loss) carried forward | 14 | €1,230,926 | €1,342,419 | +€111,492 | +9.1% |
| Amounts payable | 17/49 | €1,196,000 | €1,118,369 | -€77,630 | -6.5% |
| Amounts payable after more than one year | 17 | €447,022 | €359,250 | -€87,772 | -19.6% |
| Financial debts | 170/4 | €95,422 | €0 | -€95,422 | -100.0% |
| Other amounts payable | 178/9 | €351,600 | €359,250 | +€7,650 | +2.2% |
| Amounts payable within one year | 42/48 | €738,373 | €748,514 | +€10,141 | +1.4% |
| Current portion of amounts payable after more than one year | 42 | €132,969 | €95,447 | -€37,521 | -28.2% |
| Trade debts | 44 | €81,819 | €84,233 | +€2,414 | +3.0% |
| Suppliers | 440/4 | €81,819 | €84,233 | +€2,414 | +3.0% |
| Taxes, remuneration and social security | 45 | €23,843 | €35,743 | +€11,900 | +49.9% |
| Taxes | 450/3 | €23,843 | €35,743 | +€11,900 | +49.9% |
| Other amounts payable | 47/48 | €499,743 | €533,091 | +€33,348 | +6.7% |
| Accrued charges and deferred income | 492/3 | €10,605 | €10,605 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €124,711 | €124,563 | -€148 | -0.1% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | - | = | |
| Other operating charges | 640/8 | €97,795 | €40,218 | -€57,578 | -58.9% |
| Gross operating margin | 9900 | €410,896 | €368,266 | -€42,631 | -10.4% |
| Operating profit (loss) | 9901 | €188,390 | €203,485 | +€15,095 | +8.0% |
| Financial income | 75/76B | €11,970 | €6,394 | -€5,577 | -46.6% |
| Recurring financial income | 75 | €11,970 | €6,394 | -€5,577 | -46.6% |
| Financial charges | 65/66B | €41,279 | €37,440 | -€3,839 | -9.3% |
| Recurring financial charges | 65 | €41,279 | €37,440 | -€3,839 | -9.3% |
| Profit (loss) for the period before taxes | 9903 | €159,081 | €172,438 | +€13,357 | +8.4% |
| Income taxes | 67/77 | €37,477 | €40,341 | +€2,864 | +7.6% |
| Profit (loss) for the period | 9904 | €121,604 | €132,097 | +€10,493 | +8.6% |
| Profit (loss) for the period to be appropriated | 9905 | €121,604 | €132,097 | +€10,493 | +8.6% |
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 29 September 2026 via checked.be.