HAN Engineering: what changed
HAN Engineering
Largest movements
- Receivables within one year +€30,376
up €30,376 (+176%), from €17,226 to €47,602
of which Other amounts receivable: +€29,231
- Tangible fixed assets +€4,682
up €4,682 (+123%), from €3,814 to €8,496
of which Plant, machinery and equipment: +€3,731
- Cash +€3,208
up €3,208 (+149%), from €2,156 to €5,365
mainly Net result for the year (+€29,945) and Tax, wage and social debts (+€6,657)
- Deferred charges and accrued income -€1,776
down €1,776 (-86.8%), from €2,048 to €271
- Reserves +€29,945
up €29,945 (+270%), from €11,091 to €41,037
- Tax, wage and social debts +€6,657
up €6,657 (+62.1%), from €10,728 to €17,384
- Gross operating margin +€27,081
up €27,081 (+148%), from €18,346 to €45,427
- Taxes +€6,206
up €6,206 (+139%), from €4,465 to €10,671
- Depreciation +€2,334
up €2,334 (+838%), from €279 to €2,613
- Other operating charges -€529
down €529 (-61.9%), from €854 to €325
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €25,245 | €61,734 | +€36,489 | +145% |
| Fixed assets | 21/28 | €3,814 | €8,496 | +€4,682 | +123% |
| Tangible fixed assets | 22/27 | €3,814 | €8,496 | +€4,682 | +123% |
| Plant, machinery and equipment | 23 | €3,814 | €7,545 | +€3,731 | +97.8% |
| Furniture and vehicles | 24 | - | €951 | +€951 | |
| Current assets | 29/58 | €21,431 | €53,238 | +€31,808 | +148% |
| Amounts receivable within one year | 40/41 | €17,226 | €47,602 | +€30,376 | +176% |
| Trade receivables | 40 | €14,463 | €15,608 | +€1,145 | +7.9% |
| Other amounts receivable | 41 | €2,764 | €31,995 | +€29,231 | +1,058% |
| Cash at bank and in hand | 54/58 | €2,156 | €5,365 | +€3,208 | +149% |
| Deferred charges and accrued income | 490/1 | €2,048 | €271 | -€1,776 | -86.8% |
| Total equity and liabilities | 10/49 | €25,245 | €61,734 | +€36,489 | +145% |
| Equity | 10/15 | €14,091 | €44,037 | +€29,945 | +213% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €11,091 | €41,037 | +€29,945 | +270% |
| Distributable reserves | 133 | €11,091 | €41,037 | +€29,945 | +270% |
| Amounts payable | 17/49 | €11,154 | €17,698 | +€6,544 | +58.7% |
| Amounts payable within one year | 42/48 | €11,154 | €17,698 | +€6,544 | +58.7% |
| Trade debts | 44 | €426 | €313 | -€113 | -26.4% |
| Suppliers | 440/4 | €426 | €313 | -€113 | -26.4% |
| Taxes, remuneration and social security | 45 | €10,728 | €17,384 | +€6,657 | +62.1% |
| Taxes | 450/3 | €10,728 | €17,384 | +€6,657 | +62.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €279 | €2,613 | +€2,334 | +838% |
| Other operating charges | 640/8 | €854 | €325 | -€529 | -61.9% |
| Gross operating margin | 9900 | €18,346 | €45,427 | +€27,081 | +148% |
| Operating profit (loss) | 9901 | €17,213 | €42,489 | +€25,276 | +147% |
| Financial charges | 65/66B | €1,656 | €1,873 | +€216 | +13.1% |
| Recurring financial charges | 65 | €1,656 | €1,873 | +€216 | +13.1% |
| Profit (loss) for the period before taxes | 9903 | €15,557 | €40,616 | +€25,060 | +161% |
| Income taxes | 67/77 | €4,465 | €10,671 | +€6,206 | +139% |
| Profit (loss) for the period | 9904 | €11,091 | €29,945 | +€18,854 | +170% |
| Profit (loss) for the period to be appropriated | 9905 | €11,091 | €29,945 | +€18,854 | +170% |
Next steps
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 2 November 2026 via checked.be.