HIMPENS EMMANUEL: 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.
HIMPENS EMMANUEL
Largest movements
- Tangible fixed assets -€19,620
down €19,620 (-10.8%), from €181,999 to €162,379
of which Furniture and vehicles: -€12,400
- Cash +€5,821
up €5,821 (+17.3%), from €33,677 to €39,498
mainly Net result for the year (+€38,347) and Depreciation (+€20,850)
- Debts after one year -€22,886
down €22,886 (-43.6%), from €52,514 to €29,628
- Reserves +€11,939
up €11,939 (+6.8%), from €176,444 to €188,383
- Trade debts -€6,838
down €6,838 (-88.2%), from €7,754 to €916
- Accrued charges and deferred income +€5,943
up €5,943 (+899%), from €661 to €6,605
- Gross operating margin +€15,770
up €15,770 (+25.2%), from €62,580 to €78,350
- Taxes +€4,352
up €4,352 (+40.6%), from €10,707 to €15,058
- Financial charges -€1,574
down €1,574 (-36.1%), from €4,355 to €2,781
- Financial income -€1,074
down €1,074 (-66.2%), from €1,622 to €548
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 | €274,599 | €261,210 | -€13,389 | -4.9% |
| Fixed assets | 21/28 | €181,999 | €162,379 | -€19,620 | -10.8% |
| Tangible fixed assets | 22/27 | €181,999 | €162,379 | -€19,620 | -10.8% |
| Land and buildings | 22 | €131,887 | €126,580 | -€5,307 | -4.0% |
| Plant, machinery and equipment | 23 | €1,206 | €1,697 | +€491 | +40.7% |
| Furniture and vehicles | 24 | €38,185 | €25,785 | -€12,400 | -32.5% |
| Other tangible fixed assets | 26 | €10,721 | €8,317 | -€2,404 | -22.4% |
| Current assets | 29/58 | €92,600 | €98,831 | +€6,231 | +6.7% |
| Amounts receivable within one year | 40/41 | €1,844 | €2,065 | +€220 | +11.9% |
| Other amounts receivable | 41 | €1,844 | €2,065 | +€220 | +11.9% |
| Current investments | 50/53 | €54,725 | €55,027 | +€302 | +0.6% |
| Cash at bank and in hand | 54/58 | €33,677 | €39,498 | +€5,821 | +17.3% |
| Deferred charges and accrued income | 490/1 | €2,353 | €2,241 | -€112 | -4.8% |
| Total equity and liabilities | 10/49 | €274,599 | €261,210 | -€13,389 | -4.9% |
| Equity | 10/15 | €188,844 | €200,783 | +€11,939 | +6.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €176,444 | €188,383 | +€11,939 | +6.8% |
| Distributable reserves | 133 | €176,444 | €188,383 | +€11,939 | +6.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €85,755 | €60,426 | -€25,329 | -29.5% |
| Amounts payable after more than one year | 17 | €52,514 | €29,628 | -€22,886 | -43.6% |
| Financial debts | 170/4 | €52,514 | €29,628 | -€22,886 | -43.6% |
| Amounts payable within one year | 42/48 | €32,580 | €24,194 | -€8,386 | -25.7% |
| Current portion of amounts payable after more than one year | 42 | €24,826 | €22,886 | -€1,940 | -7.8% |
| Trade debts | 44 | €7,754 | €916 | -€6,838 | -88.2% |
| Suppliers | 440/4 | €7,754 | €916 | -€6,838 | -88.2% |
| Taxes, remuneration and social security | 45 | - | €392 | +€392 | |
| Taxes | 450/3 | - | €392 | +€392 | |
| Accrued charges and deferred income | 492/3 | €661 | €6,605 | +€5,943 | +899% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,240 | €20,850 | +€610 | +3.0% |
| Other operating charges | 640/8 | €1,807 | €1,861 | +€54 | +3.0% |
| Gross operating margin | 9900 | €62,580 | €78,350 | +€15,770 | +25.2% |
| Operating profit (loss) | 9901 | €40,532 | €55,639 | +€15,106 | +37.3% |
| Financial income | 75/76B | €1,622 | €548 | -€1,074 | -66.2% |
| Recurring financial income | 75 | €1,622 | €548 | -€1,074 | -66.2% |
| Financial charges | 65/66B | €4,355 | €2,781 | -€1,574 | -36.1% |
| Recurring financial charges | 65 | €4,355 | €2,781 | -€1,574 | -36.1% |
| Profit (loss) for the period before taxes | 9903 | €37,800 | €53,405 | +€15,606 | +41.3% |
| Income taxes | 67/77 | €10,707 | €15,058 | +€4,352 | +40.6% |
| Profit (loss) for the period | 9904 | €27,093 | €38,347 | +€11,254 | +41.5% |
| Profit (loss) for the period to be appropriated | 9905 | €27,093 | €38,347 | +€11,254 | +41.5% |
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 28 October 2026 via checked.be.