HMJ TECHNICS: 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.
HMJ TECHNICS
Largest movements
- Cash +€74,912
up €74,912 (+37.0%), from €202,401 to €277,313
mainly Net result for the year (+€48,908) and Receivables within one year (+€45,985)
- Receivables within one year -€45,985
down €45,985 (-59.2%), from €77,742 to €31,757
- Deferred charges and accrued income -€4,546
down €4,546 (-76.6%), from €5,934 to €1,388
- Reserves +€45,000
new in 2025: €45,000
- Trade debts -€23,622
down €23,622 (-59.8%), from €39,478 to €15,857
- Tax, wage and social debts -€7,965
down €7,965 (-23.1%), from €34,491 to €26,525
of which Taxes: -€6,292
- Other debts +€6,446
up €6,446 (+9.9%), from €65,267 to €71,713
- Profit (loss) carried forward +€3,908
up €3,908 (+2.4%), from €160,314 to €164,222
- Gross operating margin -€33,496
down €33,496 (-29.5%), from €113,516 to €80,020
- Staff costs -€28,720
down €28,720, from €27,198 to -€1,522
- Other operating charges -€6,742
down €6,742 (-81.5%), from €8,274 to €1,532
- Taxes +€5,197
up €5,197 (+34.6%), from €14,999 to €20,196
- Write-downs -€3,458
no longer reported in 2025 (was €3,458)
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 | €301,549 | €325,317 | +€23,768 | +7.9% |
| Fixed assets | 21/28 | €15,473 | €14,858 | -€614 | -4.0% |
| Intangible fixed assets | 21 | €13,308 | €13,690 | +€382 | +2.9% |
| Tangible fixed assets | 22/27 | €2,165 | €1,168 | -€997 | -46.0% |
| Plant, machinery and equipment | 23 | €1,132 | €766 | -€366 | -32.3% |
| Furniture and vehicles | 24 | €1,033 | €402 | -€631 | -61.1% |
| Current assets | 29/58 | €286,077 | €310,459 | +€24,382 | +8.5% |
| Amounts receivable within one year | 40/41 | €77,742 | €31,757 | -€45,985 | -59.2% |
| Trade receivables | 40 | €77,742 | €31,757 | -€45,985 | -59.2% |
| Cash at bank and in hand | 54/58 | €202,401 | €277,313 | +€74,912 | +37.0% |
| Deferred charges and accrued income | 490/1 | €5,934 | €1,388 | -€4,546 | -76.6% |
| Total equity and liabilities | 10/49 | €301,549 | €325,317 | +€23,768 | +7.9% |
| Equity | 10/15 | €162,314 | €211,222 | +€48,908 | +30.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | - | €45,000 | +€45,000 | |
| Distributable reserves | 133 | - | €45,000 | +€45,000 | |
| Profit (loss) carried forward | 14 | €160,314 | €164,222 | +€3,908 | +2.4% |
| Amounts payable | 17/49 | €139,236 | €114,095 | -€25,141 | -18.1% |
| Amounts payable within one year | 42/48 | €139,236 | €114,095 | -€25,141 | -18.1% |
| Trade debts | 44 | €39,478 | €15,857 | -€23,622 | -59.8% |
| Suppliers | 440/4 | €39,478 | €15,857 | -€23,622 | -59.8% |
| Taxes, remuneration and social security | 45 | €34,491 | €26,525 | -€7,965 | -23.1% |
| Taxes | 450/3 | €32,817 | €26,525 | -€6,292 | -19.2% |
| Remuneration and social security | 454/9 | €1,674 | - | -€1,674 | |
| Other amounts payable | 47/48 | €65,267 | €71,713 | +€6,446 | +9.9% |
| Non-recurring operating income | 76A | €10,956 | - | -€10,956 | |
| Remuneration, social security and pensions | 62 | €27,198 | -€1,522 | -€28,720 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,369 | €5,334 | +€965 | +22.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,458 | - | -€3,458 | |
| Other operating charges | 640/8 | €8,274 | €1,532 | -€6,742 | -81.5% |
| Gross operating margin | 9900 | €113,516 | €80,020 | -€33,496 | -29.5% |
| Operating profit (loss) | 9901 | €70,217 | €74,675 | +€4,459 | +6.3% |
| Financial income | 75/76B | - | €41 | +€41 | |
| Recurring financial income | 75 | - | €41 | +€41 | |
| Financial charges | 65/66B | €2,972 | €5,612 | +€2,641 | +88.9% |
| Recurring financial charges | 65 | €2,972 | €5,612 | +€2,641 | +88.9% |
| Profit (loss) for the period before taxes | 9903 | €67,245 | €69,104 | +€1,859 | +2.8% |
| Income taxes | 67/77 | €14,999 | €20,196 | +€5,197 | +34.6% |
| Profit (loss) for the period | 9904 | €52,246 | €48,908 | -€3,338 | -6.4% |
| Profit (loss) for the period to be appropriated | 9905 | €52,246 | €48,908 | -€3,338 | -6.4% |
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 11 October 2026 via checked.be.