HAN-KO: what changed
Two fiscal 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.
HAN-KO
Largest movements
- Tangible fixed assets -€14,492
down €14,492 (-6.0%), from €241,048 to €226,557
of which Furniture and vehicles: -€8,511
- Stocks and contracts +€8,450
up €8,450 (+99.5%), from €8,490 to €16,940
- Accrued charges and deferred income -€78,993
down €78,993 (-55.6%), from €142,197 to €63,203
- Trade debts +€73,549
up €73,549 (+139.3%), from €52,805 to €126,354
- Current portion of long-term debt +€41,135
up €41,135 (+157.0%), from €26,194 to €67,329
- Other debts -€26,909
down €26,909 (-38.0%), from €70,734 to €43,824
- Debts after one year -€23,683
down €23,683 (-10.7%), from €220,850 to €197,168
- Gross operating margin +€37,323
up €37,323 (+55.1%), from €67,764 to €105,088
- Other operating charges -€16,681
down €16,681 (-90.9%), from €18,346 to €1,665
- Taxes -€3,633
down €3,633 (-37.8%), from €9,606 to €5,972
- Depreciation +€1,851
up €1,851 (+14.6%), from €12,641 to €14,492
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.
Cash bridge derived
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 | €614,426 | €606,348 | -€8,078 | -1.3% |
| Fixed assets | 21/28 | €244,048 | €229,557 | -€14,492 | -5.9% |
| Tangible fixed assets | 22/27 | €241,048 | €226,557 | -€14,492 | -6.0% |
| Land and buildings | 22 | €198,340 | €194,536 | -€3,805 | -1.9% |
| Plant, machinery and equipment | 23 | €4,402 | €2,226 | -€2,176 | -49.4% |
| Furniture and vehicles | 24 | €38,306 | €29,795 | -€8,511 | -22.2% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €370,378 | €376,792 | +€6,414 | +1.7% |
| Stocks and contracts in progress | 3 | €8,490 | €16,940 | +€8,450 | +99.5% |
| Stocks | 30/36 | €8,490 | €16,940 | +€8,450 | +99.5% |
| Amounts receivable within one year | 40/41 | €359,262 | €359,063 | -€199 | -0.1% |
| Trade receivables | 40 | €274,514 | €263,465 | -€11,050 | -4.0% |
| Other amounts receivable | 41 | €84,747 | €95,599 | +€10,851 | +12.8% |
| Cash at bank and in hand | 54/58 | €1,603 | €0 | -€1,603 | -100.0% |
| Deferred charges and accrued income | 490/1 | €1,023 | €789 | -€235 | -22.9% |
| Total equity and liabilities | 10/49 | €614,426 | €606,348 | -€8,078 | -1.3% |
| Equity | 10/15 | €77,922 | €92,260 | +€14,339 | +18.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €57,462 | €71,800 | +€14,339 | +25.0% |
| Amounts payable | 17/49 | €536,504 | €514,088 | -€22,416 | -4.2% |
| Amounts payable after more than one year | 17 | €220,850 | €197,168 | -€23,683 | -10.7% |
| Financial debts | 170/4 | €220,850 | €197,168 | -€23,683 | -10.7% |
| Amounts payable within one year | 42/48 | €173,458 | €253,717 | +€80,260 | +46.3% |
| Current portion of amounts payable after more than one year | 42 | €26,194 | €67,329 | +€41,135 | +157.0% |
| Trade debts | 44 | €52,805 | €126,354 | +€73,549 | +139.3% |
| Suppliers | 440/4 | €52,805 | €126,354 | +€73,549 | +139.3% |
| Taxes, remuneration and social security | 45 | €23,725 | €16,209 | -€7,516 | -31.7% |
| Taxes | 450/3 | €21,638 | €14,122 | -€7,516 | -34.7% |
| Remuneration and social security | 454/9 | €2,087 | €2,087 | = | 0.0% |
| Other amounts payable | 47/48 | €70,734 | €43,824 | -€26,909 | -38.0% |
| Accrued charges and deferred income | 492/3 | €142,197 | €63,203 | -€78,993 | -55.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,641 | €14,492 | +€1,851 | +14.6% |
| Other operating charges | 640/8 | €18,346 | €1,665 | -€16,681 | -90.9% |
| Non-recurring operating charges | 66A | - | €60,825 | +€60,825 | |
| Gross operating margin | 9900 | €67,764 | €105,088 | +€37,323 | +55.1% |
| Operating profit (loss) | 9901 | €36,778 | €28,106 | -€8,672 | -23.6% |
| Financial income | 75/76B | €2,718 | €3,299 | +€580 | +21.3% |
| Recurring financial income | 75 | €2,718 | €3,299 | +€580 | +21.3% |
| Financial charges | 65/66B | €11,951 | €11,093 | -€858 | -7.2% |
| Recurring financial charges | 65 | €11,951 | €11,093 | -€858 | -7.2% |
| Profit (loss) for the period before taxes | 9903 | €27,545 | €20,311 | -€7,233 | -26.3% |
| Income taxes | 67/77 | €9,606 | €5,972 | -€3,633 | -37.8% |
| Profit (loss) for the period | 9904 | €17,939 | €14,339 | -€3,600 | -20.1% |
| Profit (loss) for the period to be appropriated | 9905 | €17,939 | €14,339 | -€3,600 | -20.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.