ROYAL HAMILTON: 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.
What changed
ROYAL HAMILTON
NACE 81.100, Combined facilities support activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1,633
2024 · -€53,924+€55,557
Equity
€3.5m
2024 · €3.5m+€1,633
Cash
€5,849
2024 · €6,822-€972
Balance sheet total
€5.3m
2024 · €5.4m-€31,494
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Debts after one year -€64,212
down €64,212 (-7.2%), from €888,821 to €824,610
Income statement
- Gross operating margin +€32,769
up €32,769 (+34.3%), from €95,547 to €128,316
- Depreciation -€22,064
down €22,064 (-25.1%), from €87,763 to €65,699
- Other operating charges -€1,436
down €1,436 (-12.2%), from €11,744 to €10,308
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.
Result 2024
-€53,924
Gross operating margin
+€32,769
Depreciation
+€22,064
Other operating charges
+€1,436
Financial income
-€678
Financial charges
-€35
Result 2025
€1,633
raises the resultlowers the result
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.
From operations
+€96,132
Investment
-€34,626
Financing
-€62,477
Cash 2024
€6,822
From operations (derived)
+€96,132
Net result for the year
+€1,633
Depreciation
+€65,699
Receivables within one year
-€360
Deferred charges and accrued income
-€190
Trade debts
-€7,162
Tax, wage and social debts
-€3,986
Other debts
+€44,117
Accrued charges and deferred income
-€3,619
Investment (derived)
-€34,626
Investment in fixed assets (net)
-€34,626
Financing
-€62,477
Debts after one year
-€64,212
Current portion of long-term debt
+€1,734
Cash 2025
€5,849
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,354,787 | €5,323,293 | -€31,494 | -0.6% |
| Fixed assets | 21/28 | €5,343,368 | €5,312,296 | -€31,072 | -0.6% |
| Tangible fixed assets | 22/27 | €5,343,368 | €5,312,296 | -€31,072 | -0.6% |
| Land and buildings | 22 | €5,343,368 | €5,311,035 | -€32,333 | -0.6% |
| Other tangible fixed assets | 26 | - | €1,260 | +€1,260 | |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Current assets | 29/58 | €11,419 | €10,998 | -€422 | -3.7% |
| Amounts receivable within one year | 40/41 | €1,318 | €1,678 | +€360 | +27.3% |
| Other amounts receivable | 41 | €1,318 | €1,678 | +€360 | +27.3% |
| Cash at bank and in hand | 54/58 | €6,822 | €5,849 | -€972 | -14.3% |
| Deferred charges and accrued income | 490/1 | €3,280 | €3,470 | +€190 | +5.8% |
| Total equity and liabilities | 10/49 | €5,354,787 | €5,323,293 | -€31,494 | -0.6% |
| Equity | 10/15 | €3,476,738 | €3,478,371 | +€1,633 | 0.0% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Capital | 10 | €500,000 | €500,000 | = | 0.0% |
| Issued capital | 100 | €500,000 | €500,000 | = | 0.0% |
| Revaluation surpluses | 12 | €3,950,000 | €3,950,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€973,262 | -€971,629 | +€1,633 | +0.2% |
| Amounts payable | 17/49 | €1,878,049 | €1,844,922 | -€33,127 | -1.8% |
| Amounts payable after more than one year | 17 | €888,821 | €824,610 | -€64,212 | -7.2% |
| Financial debts | 170/4 | €888,821 | €824,610 | -€64,212 | -7.2% |
| Amounts payable within one year | 42/48 | €954,498 | €989,201 | +€34,703 | +3.6% |
| Current portion of amounts payable after more than one year | 42 | €67,755 | €69,490 | +€1,734 | +2.6% |
| Trade debts | 44 | €28,952 | €21,790 | -€7,162 | -24.7% |
| Suppliers | 440/4 | €28,952 | €21,790 | -€7,162 | -24.7% |
| Taxes, remuneration and social security | 45 | €5,143 | €1,157 | -€3,986 | -77.5% |
| Taxes | 450/3 | €5,143 | €1,157 | -€3,986 | -77.5% |
| Other amounts payable | 47/48 | €852,648 | €896,765 | +€44,117 | +5.2% |
| Accrued charges and deferred income | 492/3 | €34,730 | €31,111 | -€3,619 | -10.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €87,763 | €65,699 | -€22,064 | -25.1% |
| Other operating charges | 640/8 | €11,744 | €10,308 | -€1,436 | -12.2% |
| Gross operating margin | 9900 | €95,547 | €128,316 | +€32,769 | +34.3% |
| Operating profit (loss) | 9901 | -€3,960 | €52,309 | +€56,270 | |
| Financial income | 75/76B | €1,176 | €498 | -€678 | -57.6% |
| Recurring financial income | 75 | €1,176 | €498 | -€678 | -57.6% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €51,140 | €51,174 | +€35 | +0.1% |
| Recurring financial charges | 65 | €51,140 | €51,174 | +€35 | +0.1% |
| Profit (loss) for the period before taxes | 9903 | -€53,924 | €1,633 | +€55,557 | |
| Profit (loss) for the period | 9904 | -€53,924 | €1,633 | +€55,557 | |
| Profit (loss) for the period to be appropriated | 9905 | -€53,924 | €1,633 | +€55,557 |
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 17 October 2026 via checked.be.