HML COMPANY: 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.
HML COMPANY
Largest movements
- Receivables within one year -€30,246
down €30,246 (-65.6%), from €46,093 to €15,848
of which Trade receivables: -€31,295
- Cash -€1,045
down €1,045 (-17.4%), from €6,006 to €4,961
mainly Other debts (-€33,092) and Trade debts (-€25,625)
- Other debts -€33,092
down €33,092 (-77.0%), from €42,969 to €9,877
- Profit (loss) carried forward +€26,739
up €26,739 (+701%), from €3,815 to €30,554
- Trade debts -€25,625
down €25,625 (-61.4%), from €41,729 to €16,105
- Purchases and services +€28,391
up €28,391 (+38.5%), from €73,768 to €102,159
- Gross operating margin +€23,372
up €23,372 (+104%), from €22,442 to €45,814
- Staff costs -€4,061
down €4,061 (-30.3%), from €13,389 to €9,328
- Depreciation +€3,088
up €3,088 (+68.0%), from €4,539 to €7,627
- Taxes +€1,049
new in 2025: €1,049
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 | €91,014 | €59,036 | -€31,978 | -35.1% |
| Fixed assets | 21/28 | €38,914 | €38,228 | -€687 | -1.8% |
| Tangible fixed assets | 22/27 | €34,171 | €33,484 | -€687 | -2.0% |
| Furniture and vehicles | 24 | €34,171 | €33,484 | -€687 | -2.0% |
| Financial fixed assets | 28 | €4,744 | €4,744 | = | 0.0% |
| Current assets | 29/58 | €52,099 | €20,808 | -€31,291 | -60.1% |
| Amounts receivable within one year | 40/41 | €46,093 | €15,848 | -€30,246 | -65.6% |
| Trade receivables | 40 | €45,828 | €14,533 | -€31,295 | -68.3% |
| Other amounts receivable | 41 | €265 | €1,315 | +€1,050 | +396% |
| Cash at bank and in hand | 54/58 | €6,006 | €4,961 | -€1,045 | -17.4% |
| Total equity and liabilities | 10/49 | €91,014 | €59,036 | -€31,978 | -35.1% |
| Equity | 10/15 | €6,315 | €33,054 | +€26,739 | +423% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Revaluation surpluses | 12 | €0 | - | = | |
| Reserves | 13 | €0 | - | = | |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Own shares acquired | 1312 | €0 | - | = | |
| Financial assistance | 1313 | €0 | - | = | |
| Other | 1319 | €0 | - | = | |
| Tax-exempt reserves | 132 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €3,815 | €30,554 | +€26,739 | +701% |
| Investment grants | 15 | €0 | - | = | |
| Advance to shareholders on the distribution of net assets | 19 | €0 | - | = | |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Pensions and similar obligations | 160 | €0 | - | = | |
| Taxes | 161 | €0 | - | = | |
| Major repairs and maintenance | 162 | €0 | - | = | |
| Environmental obligations | 163 | €0 | - | = | |
| Other liabilities and charges | 164/5 | €0 | - | = | |
| Deferred taxes | 168 | €0 | - | = | |
| Amounts payable | 17/49 | €84,698 | €25,982 | -€58,716 | -69.3% |
| Amounts payable within one year | 42/48 | €84,698 | €25,982 | -€58,716 | -69.3% |
| Trade debts | 44 | €41,729 | €16,105 | -€25,625 | -61.4% |
| Suppliers | 440/4 | €41,729 | €16,105 | -€25,625 | -61.4% |
| Other amounts payable | 47/48 | €42,969 | €9,877 | -€33,092 | -77.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €73,768 | €102,159 | +€28,391 | +38.5% |
| Remuneration, social security and pensions | 62 | €13,389 | €9,328 | -€4,061 | -30.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,539 | €7,627 | +€3,088 | +68.0% |
| Other operating charges | 640/8 | €687 | €926 | +€239 | +34.7% |
| Gross operating margin | 9900 | €22,442 | €45,814 | +€23,372 | +104% |
| Operating profit (loss) | 9901 | €3,827 | €27,933 | +€24,106 | +630% |
| Financial charges | 65/66B | €12 | €146 | +€134 | +1,159% |
| Recurring financial charges | 65 | €12 | €146 | +€134 | +1,159% |
| Profit (loss) for the period before taxes | 9903 | €3,815 | €27,788 | +€23,972 | +628% |
| Income taxes | 67/77 | - | €1,049 | +€1,049 | |
| Profit (loss) for the period | 9904 | €3,815 | €26,739 | +€22,923 | +601% |
| Profit (loss) for the period to be appropriated | 9905 | €3,815 | €26,739 | +€22,923 | +601% |
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 30 October 2026 via checked.be.