ANGEL HANDS: 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.
ANGEL HANDS
Largest movements
- Cash -€34,533
down €34,533 (-80.9%), from €42,686 to €8,153
mainly Advances received (-€54,100) and Investment in fixed assets (net) (-€28,000)
- Receivables within one year -€19,929
down €19,929 (-22.1%), from €90,050 to €70,121
of which Trade receivables: -€55,423
- Tangible fixed assets +€13,705
up €13,705 (+97.5%), from €14,053 to €27,758
- Deferred charges and accrued income -€1,492
down €1,492 (-100%), from €1,492 to €0
- Advances received -€54,100
down €54,100 (-96.3%), from €56,150 to €2,050
- Reserves +€26,111
up €26,111 (+61.0%), from €42,810 to €68,920
- Tax, wage and social debts -€12,127
down €12,127 (-28.7%), from €42,187 to €30,060
of which Remuneration and social security: -€9,358
- Accrued charges and deferred income -€4,200
down €4,200 (-100%), from €4,200 to €0
- Trade debts +€2,067
up €2,067 (+221%), from €934 to €3,001
- Gross operating margin +€16,806
up €16,806 (+11.0%), from €153,015 to €169,821
- Staff costs +€4,071
up €4,071 (+3.6%), from €113,766 to €117,837
- Depreciation +€2,462
up €2,462 (+20.8%), from €11,833 to €14,295
- Taxes +€1,852
up €1,852 (+32.8%), from €5,645 to €7,498
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €148,281 | €106,031 | -€42,249 | -28.5% |
| Fixed assets | 21/28 | €14,053 | €27,758 | +€13,705 | +97.5% |
| Tangible fixed assets | 22/27 | €14,053 | €27,758 | +€13,705 | +97.5% |
| Furniture and vehicles | 24 | €14,053 | €27,758 | +€13,705 | +97.5% |
| Current assets | 29/58 | €134,228 | €78,274 | -€55,954 | -41.7% |
| Amounts receivable within one year | 40/41 | €90,050 | €70,121 | -€19,929 | -22.1% |
| Trade receivables | 40 | €79,131 | €23,708 | -€55,423 | -70.0% |
| Other amounts receivable | 41 | €10,919 | €46,413 | +€35,494 | +325% |
| Cash at bank and in hand | 54/58 | €42,686 | €8,153 | -€34,533 | -80.9% |
| Deferred charges and accrued income | 490/1 | €1,492 | €0 | -€1,492 | -100% |
| Total equity and liabilities | 10/49 | €148,281 | €106,031 | -€42,249 | -28.5% |
| Equity | 10/15 | €44,810 | €70,920 | +€26,111 | +58.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €42,810 | €68,920 | +€26,111 | +61.0% |
| Distributable reserves | 133 | €42,810 | €68,920 | +€26,111 | +61.0% |
| Amounts payable | 17/49 | €103,471 | €35,111 | -€68,360 | -66.1% |
| Amounts payable within one year | 42/48 | €99,271 | €35,111 | -€64,160 | -64.6% |
| Trade debts | 44 | €934 | €3,001 | +€2,067 | +221% |
| Suppliers | 440/4 | €934 | €3,001 | +€2,067 | +221% |
| Advances received on contracts in progress | 46 | €56,150 | €2,050 | -€54,100 | -96.3% |
| Taxes, remuneration and social security | 45 | €42,187 | €30,060 | -€12,127 | -28.7% |
| Taxes | 450/3 | €16,461 | €13,693 | -€2,769 | -16.8% |
| Remuneration and social security | 454/9 | €25,726 | €16,368 | -€9,358 | -36.4% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €4,200 | €0 | -€4,200 | -100% |
| Remuneration, social security and pensions | 62 | €113,766 | €117,837 | +€4,071 | +3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,833 | €14,295 | +€2,462 | +20.8% |
| Other operating charges | 640/8 | €3,454 | €4,456 | +€1,002 | +29.0% |
| Gross operating margin | 9900 | €153,015 | €169,821 | +€16,806 | +11.0% |
| Operating profit (loss) | 9901 | €23,962 | €33,233 | +€9,271 | +38.7% |
| Financial income | 75/76B | €283 | €1,430 | +€1,147 | +405% |
| Recurring financial income | 75 | €283 | €1,430 | +€1,147 | +405% |
| Financial charges | 65/66B | €1,575 | €1,054 | -€521 | -33.1% |
| Recurring financial charges | 65 | €1,575 | €1,054 | -€521 | -33.1% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €22,669 | €33,608 | +€10,939 | +48.3% |
| Income taxes | 67/77 | €5,645 | €7,498 | +€1,852 | +32.8% |
| Profit (loss) for the period | 9904 | €17,024 | €26,111 | +€9,087 | +53.4% |
| Profit (loss) for the period to be appropriated | 9905 | €17,024 | €26,111 | +€9,087 | +53.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.