Dr FX Hanin: what changed
What changed
Dr FX Hanin
filed annual accounts (NBB)
Net result for the year
€89,560
2024 · €101,971-€12,411
Equity
€356,951
2024 · €311,724+€45,227
Cash
€161,018
2024 · €86,826+€74,192
Balance sheet total
€760,490
2024 · €694,282+€66,208
Largest movements
Assets
- Cash +€74,192
up €74,192 (+85.4%), from €86,826 to €161,018
mainly Net result for the year (+€89,560) and Tax, wage and social debts (+€39,417)
- Tangible fixed assets -€23,615
down €23,615 (-5.3%), from €448,394 to €424,779
of which Land and buildings: -€26,905
- Deferred charges and accrued income +€15,231
up €15,231 (+9.7%), from €157,245 to €172,476
Equity and liabilities
- Reserves +€45,227
up €45,227 (+14.9%), from €304,524 to €349,751
- Tax, wage and social debts +€39,417
up €39,417 (+127%), from €31,060 to €70,477
of which Taxes: +€23,405
- Debts after one year -€16,671
down €16,671 (-5.9%), from €283,965 to €267,294
Income statement
- Gross operating margin -€15,972
down €15,972 (-8.8%), from €181,048 to €165,076
- Taxes -€6,045
down €6,045 (-14.0%), from €43,155 to €37,111
- Financial charges +€1,881
up €1,881 (+39.2%), from €4,794 to €6,675
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€101,971
Gross operating margin
-€15,972
Depreciation
-€676
Other operating charges
+€74
Financial income
+€0
Financial charges
-€1,881
Taxes
+€6,045
Result 2025
€89,560
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€141,432
Investment
-€6,448
Financing
-€60,792
Cash 2024
€86,826
From operations (derived)
+€141,432
Net result for the year
+€89,560
Depreciation
+€30,063
Receivables within one year
-€400
Deferred charges and accrued income
-€15,231
Trade debts
+€493
Tax, wage and social debts
+€39,417
Other debts
-€1,157
Accrued charges and deferred income
-€1,313
Investment (derived)
-€6,448
Investment in fixed assets (net)
-€6,448
Financing
-€60,792
Debts after one year
-€16,671
Current portion of long-term debt
+€212
Contributions, distributions and other
-€44,333
Cash 2025
€161,018
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €694,282 | €760,490 | +€66,208 | +9.5% |
| Fixed assets | 21/28 | €450,211 | €426,596 | -€23,615 | -5.2% |
| Tangible fixed assets | 22/27 | €448,394 | €424,779 | -€23,615 | -5.3% |
| Land and buildings | 22 | €440,629 | €413,724 | -€26,905 | -6.1% |
| Furniture and vehicles | 24 | €7,765 | €7,700 | -€65 | -0.8% |
| Other tangible fixed assets | 26 | - | €3,355 | +€3,355 | |
| Financial fixed assets | 28 | €1,817 | €1,817 | = | 0.0% |
| Current assets | 29/58 | €244,071 | €333,894 | +€89,823 | +36.8% |
| Amounts receivable within one year | 40/41 | - | €400 | +€400 | |
| Other amounts receivable | 41 | - | €400 | +€400 | |
| Cash at bank and in hand | 54/58 | €86,826 | €161,018 | +€74,192 | +85.4% |
| Deferred charges and accrued income | 490/1 | €157,245 | €172,476 | +€15,231 | +9.7% |
| Total equity and liabilities | 10/49 | €694,282 | €760,490 | +€66,208 | +9.5% |
| Equity | 10/15 | €311,724 | €356,951 | +€45,227 | +14.5% |
| Contributions | 10/11 | €7,200 | €7,200 | = | 0.0% |
| Reserves | 13 | €304,524 | €349,751 | +€45,227 | +14.9% |
| Distributable reserves | 133 | €304,524 | €349,751 | +€45,227 | +14.9% |
| Amounts payable | 17/49 | €382,558 | €403,538 | +€20,980 | +5.5% |
| Amounts payable after more than one year | 17 | €283,965 | €267,294 | -€16,671 | -5.9% |
| Financial debts | 170/4 | €283,965 | €267,294 | -€16,671 | -5.9% |
| Amounts payable within one year | 42/48 | €97,280 | €136,244 | +€38,964 | +40.1% |
| Current portion of amounts payable after more than one year | 42 | €18,143 | €18,355 | +€212 | +1.2% |
| Trade debts | 44 | €124 | €616 | +€493 | +399% |
| Suppliers | 440/4 | €124 | €616 | +€493 | +399% |
| Taxes, remuneration and social security | 45 | €31,060 | €70,477 | +€39,417 | +127% |
| Taxes | 450/3 | €25,485 | €48,890 | +€23,405 | +91.8% |
| Remuneration and social security | 454/9 | €5,575 | €21,587 | +€16,012 | +287% |
| Other amounts payable | 47/48 | €47,954 | €46,796 | -€1,157 | -2.4% |
| Accrued charges and deferred income | 492/3 | €1,313 | - | -€1,313 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,386 | €30,063 | +€676 | +2.3% |
| Other operating charges | 640/8 | €1,742 | €1,668 | -€74 | -4.2% |
| Gross operating margin | 9900 | €181,048 | €165,076 | -€15,972 | -8.8% |
| Operating profit (loss) | 9901 | €149,919 | €133,345 | -€16,574 | -11.1% |
| Financial income | 75/76B | €0 | €1 | +€0 | +8.3% |
| Recurring financial income | 75 | €0 | €1 | +€0 | +8.3% |
| Financial charges | 65/66B | €4,794 | €6,675 | +€1,881 | +39.2% |
| Recurring financial charges | 65 | €4,794 | €6,675 | +€1,881 | +39.2% |
| Profit (loss) for the period before taxes | 9903 | €145,126 | €126,671 | -€18,455 | -12.7% |
| Income taxes | 67/77 | €43,155 | €37,111 | -€6,045 | -14.0% |
| Profit (loss) for the period | 9904 | €101,971 | €89,560 | -€12,411 | -12.2% |
| Profit (loss) for the period to be appropriated | 9905 | €101,971 | €89,560 | -€12,411 | -12.2% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.