HIMO: 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.
HIMO
Largest movements
- Cash -€99,372
down €99,372 (-43.4%), from €229,074 to €129,701
mainly Contributions, distributions and other (-€206,339) and Tax, wage and social debts (-€60,419)
- Receivables within one year -€49,223
down €49,223 (-99.2%), from €49,610 to €387
of which Trade receivables: -€28,890
- Tangible fixed assets -€48,422
down €48,422 (-9.0%), from €539,649 to €491,227
- Reserves -€144,728
down €144,728 (-26.9%), from €538,512 to €393,784
- Tax, wage and social debts -€60,419
down €60,419 (-84.3%), from €71,685 to €11,266
No income-statement line moved by more than 1% of the activity.
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 | €826,170 | €621,316 | -€204,854 | -24.8% |
| Fixed assets | 21/28 | €539,649 | €491,227 | -€48,422 | -9.0% |
| Tangible fixed assets | 22/27 | €539,649 | €491,227 | -€48,422 | -9.0% |
| Land and buildings | 22 | €539,649 | €491,227 | -€48,422 | -9.0% |
| Current assets | 29/58 | €286,521 | €130,089 | -€156,432 | -54.6% |
| Amounts receivable within one year | 40/41 | €49,610 | €387 | -€49,223 | -99.2% |
| Trade receivables | 40 | €28,890 | €0 | -€28,890 | -100.0% |
| Other amounts receivable | 41 | €20,720 | €387 | -€20,333 | -98.1% |
| Cash at bank and in hand | 54/58 | €229,074 | €129,701 | -€99,372 | -43.4% |
| Deferred charges and accrued income | 490/1 | €7,837 | €0 | -€7,837 | -100.0% |
| Total equity and liabilities | 10/49 | €826,170 | €621,316 | -€204,854 | -24.8% |
| Equity | 10/15 | €754,405 | €609,677 | -€144,728 | -19.2% |
| Contributions | 10/11 | €215,893 | €215,893 | = | 0.0% |
| Reserves | 13 | €538,512 | €393,784 | -€144,728 | -26.9% |
| Distributable reserves | 133 | €538,512 | €393,784 | -€144,728 | -26.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €71,765 | €11,639 | -€60,126 | -83.8% |
| Amounts payable within one year | 42/48 | €71,685 | €11,549 | -€60,136 | -83.9% |
| Trade debts | 44 | - | €283 | +€283 | |
| Suppliers | 440/4 | - | €283 | +€283 | |
| Taxes, remuneration and social security | 45 | €71,685 | €11,266 | -€60,419 | -84.3% |
| Taxes | 450/3 | €71,685 | €11,266 | -€60,419 | -84.3% |
| Accrued charges and deferred income | 492/3 | €80 | €90 | +€10 | +12.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,422 | €48,422 | = | 0.0% |
| Other operating charges | 640/8 | €8,418 | €8,678 | +€260 | +3.1% |
| Gross operating margin | 9900 | €147,731 | €147,951 | +€220 | +0.1% |
| Operating profit (loss) | 9901 | €90,892 | €90,852 | -€40 | 0.0% |
| Financial charges | 65/66B | €546 | €489 | -€57 | -10.5% |
| Recurring financial charges | 65 | €546 | €489 | -€57 | -10.5% |
| Profit (loss) for the period before taxes | 9903 | €90,345 | €90,363 | +€17 | 0.0% |
| Transfer from deferred taxes | 780 | €0 | - | = | |
| Income taxes | 67/77 | €28,746 | €28,752 | +€6 | 0.0% |
| Profit (loss) for the period | 9904 | €61,599 | €61,611 | +€12 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €61,599 | €61,611 | +€12 | 0.0% |
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 11 October 2026 via checked.be.