IHEMBE: 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.
IHEMBE
Largest movements
- Cash +€29,797
up €29,797 (+74.1%), from €40,227 to €70,024
- Tangible fixed assets -€10,222
down €10,222 (-7.3%), from €140,573 to €130,351
- Other debts +€31,565
up €31,565 (+35.5%), from €88,844 to €120,409
- Debts after one year -€10,317
down €10,317 (-14.7%), from €70,247 to €59,929
of which Financial debts: -€10,317
- Gross operating margin +€409
up €409 (+6.7%), from €6,120 to €6,529
- Other operating charges +€387
new in 2025: €387
- Financial income +€349
up €349 (+223%), from €157 to €505
- Turnover +€247
up €247 (+2.6%), from €9,453 to €9,700
- Financial charges -€226
down €226 (-9.5%), from €2,385 to €2,160
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €180,847 | €200,670 | +€19,823 | +11.0% |
| Fixed assets | 21/28 | €140,573 | €130,351 | -€10,222 | -7.3% |
| Tangible fixed assets | 22/27 | €140,573 | €130,351 | -€10,222 | -7.3% |
| Land and buildings | 22 | €140,573 | €130,351 | -€10,222 | -7.3% |
| Current assets | 29/58 | €40,274 | €70,319 | +€30,045 | +74.6% |
| Amounts receivable within one year | 40/41 | €47 | €295 | +€248 | +526% |
| Other amounts receivable | 41 | €47 | €295 | +€248 | +526% |
| Cash at bank and in hand | 54/58 | €40,227 | €70,024 | +€29,797 | +74.1% |
| Total equity and liabilities | 10/49 | €180,847 | €200,670 | +€19,823 | +11.0% |
| Equity | 10/15 | €16,411 | €14,669 | -€1,741 | -10.6% |
| Contributions | 10/11 | €24,000 | €24,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,589 | -€9,331 | -€1,741 | -22.9% |
| Amounts payable | 17/49 | €164,437 | €186,001 | +€21,564 | +13.1% |
| Amounts payable after more than one year | 17 | €70,247 | €59,929 | -€10,317 | -14.7% |
| Financial debts | 170/4 | €68,313 | €57,995 | -€10,317 | -15.1% |
| Other amounts payable | 178/9 | €1,934 | €1,934 | = | 0.0% |
| Amounts payable within one year | 42/48 | €94,190 | €126,071 | +€31,882 | +33.8% |
| Financial debts | 43 | €5,346 | €5,662 | +€317 | +5.9% |
| Credit institutions | 430/8 | €5,346 | €5,662 | +€317 | +5.9% |
| Other amounts payable | 47/48 | €88,844 | €120,409 | +€31,565 | +35.5% |
| Turnover | 70 | €9,453 | €9,700 | +€247 | +2.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €3,333 | €3,171 | -€162 | -4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,111 | €5,111 | = | 0.0% |
| Other operating charges | 640/8 | - | €387 | +€387 | |
| Gross operating margin | 9900 | €6,120 | €6,529 | +€409 | +6.7% |
| Operating profit (loss) | 9901 | €1,009 | €1,031 | +€22 | +2.2% |
| Financial income | 75/76B | €157 | €505 | +€349 | +223% |
| Recurring financial income | 75 | €157 | €505 | +€349 | +223% |
| Financial charges | 65/66B | €2,385 | €2,160 | -€226 | -9.5% |
| Recurring financial charges | 65 | €2,385 | €2,160 | -€226 | -9.5% |
| Profit (loss) for the period before taxes | 9903 | -€1,219 | -€623 | +€596 | +48.9% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€1,219 | -€623 | +€596 | +48.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,219 | -€623 | +€596 | +48.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.