2HAND: 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.
2HAND
Largest movements
- Receivables within one year -€10,126
down €10,126 (-26.5%), from €38,223 to €28,097
of which Trade receivables: -€23,504
- Current investments -€1,690
down €1,690 (-4.3%), from €38,954 to €37,264
- Reserves -€26,871
down €26,871 (-37.4%), from €71,881 to €45,010
of which Distributable reserves: -€26,871
- Other debts +€26,871
up €26,871, from €0 to €26,871
- Tax, wage and social debts -€10,468
down €10,468 (-98.8%), from €10,598 to €130
- Financial charges -€11,685
down €11,685 (-67.6%), from €17,289 to €5,604
- Financial income +€3,893
up €3,893 (+254.1%), from €1,532 to €5,425
- Gross operating margin -€3,215
down €3,215 (-71.3%), from €4,512 to €1,297
- Taxes -€796
down €796 (-43.0%), from €1,850 to €1,054
- Staff costs -€207
down €207 (-56.2%), from €368 to €161
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 | €147,004 | €134,141 | -€12,863 | -8.7% |
| Fixed assets | 21/28 | €2,569 | €2,180 | -€388 | -15.1% |
| Tangible fixed assets | 22/27 | €889 | €500 | -€388 | -43.7% |
| Furniture and vehicles | 24 | €889 | €500 | -€388 | -43.7% |
| Financial fixed assets | 28 | €1,680 | €1,680 | = | 0.0% |
| Current assets | 29/58 | €144,435 | €131,961 | -€12,474 | -8.6% |
| Amounts receivable after more than one year | 29 | €12,700 | €12,700 | = | 0.0% |
| Other amounts receivable | 291 | €12,700 | €12,700 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €38,223 | €28,097 | -€10,126 | -26.5% |
| Trade receivables | 40 | €23,504 | €0 | -€23,504 | -100.0% |
| Other amounts receivable | 41 | €14,719 | €28,097 | +€13,378 | +90.9% |
| Current investments | 50/53 | €38,954 | €37,264 | -€1,690 | -4.3% |
| Cash at bank and in hand | 54/58 | €51,482 | €50,823 | -€658 | -1.3% |
| Deferred charges and accrued income | 490/1 | €3,077 | €3,077 | = | 0.0% |
| Total equity and liabilities | 10/49 | €147,004 | €134,141 | -€12,863 | -8.7% |
| Equity | 10/15 | €132,971 | €105,017 | -€27,954 | -21.0% |
| Contributions | 10/11 | €73,500 | €73,500 | = | 0.0% |
| Capital | 10 | €73,500 | €73,500 | = | 0.0% |
| Issued capital | 100 | €73,500 | €73,500 | = | 0.0% |
| Reserves | 13 | €71,881 | €45,010 | -€26,871 | -37.4% |
| Non-distributable reserves | 130/1 | €7,350 | €7,350 | = | 0.0% |
| Legal reserve | 130 | €7,350 | €7,350 | = | 0.0% |
| Distributable reserves | 133 | €64,531 | €37,660 | -€26,871 | -41.6% |
| Profit (loss) carried forward | 14 | -€12,411 | -€13,493 | -€1,082 | -8.7% |
| Amounts payable | 17/49 | €14,033 | €29,124 | +€15,091 | +107.5% |
| Amounts payable within one year | 42/48 | €14,033 | €29,124 | +€15,091 | +107.5% |
| Trade debts | 44 | €3,435 | €2,122 | -€1,312 | -38.2% |
| Suppliers | 440/4 | €3,435 | €2,122 | -€1,312 | -38.2% |
| Taxes, remuneration and social security | 45 | €10,598 | €130 | -€10,468 | -98.8% |
| Taxes | 450/3 | €10,598 | €130 | -€10,468 | -98.8% |
| Other amounts payable | 47/48 | €0 | €26,871 | +€26,871 | |
| Remuneration, social security and pensions | 62 | €368 | €161 | -€207 | -56.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €388 | €388 | +€0 | 0.0% |
| Other operating charges | 640/8 | €630 | €596 | -€34 | -5.4% |
| Gross operating margin | 9900 | €4,512 | €1,297 | -€3,215 | -71.3% |
| Operating profit (loss) | 9901 | €3,125 | €151 | -€2,974 | -95.2% |
| Financial income | 75/76B | €1,532 | €5,425 | +€3,893 | +254.1% |
| Recurring financial income | 75 | €1,532 | €5,425 | +€3,893 | +254.1% |
| Financial charges | 65/66B | €17,289 | €5,604 | -€11,685 | -67.6% |
| Recurring financial charges | 65 | €17,289 | €5,604 | -€11,685 | -67.6% |
| Profit (loss) for the period before taxes | 9903 | -€12,632 | -€28 | +€12,603 | +99.8% |
| Income taxes | 67/77 | €1,850 | €1,054 | -€796 | -43.0% |
| Profit (loss) for the period | 9904 | -€14,482 | -€1,082 | +€13,399 | +92.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,482 | -€1,082 | +€13,399 | +92.5% |
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 12 October 2026 via checked.be.