D'Hanis Koen: 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.
D'Hanis Koen
Largest movements
- Cash +€59,856
up €59,856 (+68.4%), from €87,477 to €147,333
mainly Net result for the year (+€65,203) and Other debts (+€35,000)
- Receivables within one year +€20,684
up €20,684 (+33.1%), from €62,526 to €83,210
of which Other amounts receivable: +€14,301
- Tangible fixed assets +€3,404
up €3,404 (+194%), from €1,757 to €5,161
of which Furniture and vehicles: +€2,008
- Other debts +€35,000
new in 2025: €35,000
- Profit (loss) carried forward +€30,203
up €30,203 (+22.7%), from €132,883 to €163,086
- Tax, wage and social debts +€18,044
up €18,044 (+114%), from €15,802 to €33,846
- Gross operating margin +€22,721
up €22,721 (+36.2%), from €62,766 to €85,488
- Taxes +€6,106
up €6,106 (+38.6%), from €15,802 to €21,908
- Financial income +€1,960
up €1,960 (+153%), from €1,285 to €3,245
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 | €151,760 | €236,711 | +€84,951 | +56.0% |
| Fixed assets | 21/28 | €1,757 | €5,161 | +€3,404 | +194% |
| Tangible fixed assets | 22/27 | €1,757 | €5,161 | +€3,404 | +194% |
| Plant, machinery and equipment | 23 | €979 | €2,375 | +€1,395 | +142% |
| Furniture and vehicles | 24 | €778 | €2,786 | +€2,008 | +258% |
| Current assets | 29/58 | €150,003 | €231,550 | +€81,548 | +54.4% |
| Amounts receivable within one year | 40/41 | €62,526 | €83,210 | +€20,684 | +33.1% |
| Trade receivables | 40 | €2,204 | €8,588 | +€6,384 | +290% |
| Other amounts receivable | 41 | €60,321 | €74,622 | +€14,301 | +23.7% |
| Cash at bank and in hand | 54/58 | €87,477 | €147,333 | +€59,856 | +68.4% |
| Deferred charges and accrued income | 490/1 | - | €1,007 | +€1,007 | |
| Total equity and liabilities | 10/49 | €151,760 | €236,711 | +€84,951 | +56.0% |
| Equity | 10/15 | €135,883 | €166,086 | +€30,203 | +22.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €132,883 | €163,086 | +€30,203 | +22.7% |
| Amounts payable | 17/49 | €15,877 | €70,625 | +€54,748 | +345% |
| Amounts payable within one year | 42/48 | €15,877 | €70,625 | +€54,748 | +345% |
| Trade debts | 44 | €75 | €1,779 | +€1,704 | +2,262% |
| Suppliers | 440/4 | €75 | €1,779 | +€1,704 | +2,262% |
| Taxes, remuneration and social security | 45 | €15,802 | €33,846 | +€18,044 | +114% |
| Taxes | 450/3 | €15,802 | €33,846 | +€18,044 | +114% |
| Other amounts payable | 47/48 | - | €35,000 | +€35,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €917 | €1,354 | +€437 | +47.6% |
| Other operating charges | 640/8 | €141 | €208 | +€68 | +48.1% |
| Gross operating margin | 9900 | €62,766 | €85,488 | +€22,721 | +36.2% |
| Operating profit (loss) | 9901 | €61,708 | €83,926 | +€22,217 | +36.0% |
| Financial income | 75/76B | €1,285 | €3,245 | +€1,960 | +153% |
| Recurring financial income | 75 | €1,285 | €3,245 | +€1,960 | +153% |
| Financial charges | 65/66B | €126 | €60 | -€66 | -52.5% |
| Recurring financial charges | 65 | €126 | €60 | -€66 | -52.5% |
| Profit (loss) for the period before taxes | 9903 | €62,867 | €87,111 | +€24,244 | +38.6% |
| Income taxes | 67/77 | €15,802 | €21,908 | +€6,106 | +38.6% |
| Profit (loss) for the period | 9904 | €47,065 | €65,203 | +€18,138 | +38.5% |
| Profit (loss) for the period to be appropriated | 9905 | €47,065 | €65,203 | +€18,138 | +38.5% |
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 28 October 2026 via checked.be.