HANA OR: 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.
HANA OR
Largest movements
- Stocks and contracts +€20,708
up €20,708 (+301%), from €6,875 to €27,583
- Cash -€7,862
down €7,862 (-65.2%), from €12,066 to €4,204
mainly Stocks and contracts (-€20,708) and Trade debts (-€1,565)
- Profit (loss) carried forward +€11,315
up €11,315 (+61.4%), from -€18,438 to -€7,123
- Other debts +€3,545
up €3,545 (+114%), from €3,097 to €6,642
- Trade debts -€1,565
down €1,565 (-65.2%), from €2,399 to €834
- Tax, wage and social debts -€448
down €448 (-3.4%), from €13,283 to €12,835
of which Remuneration and social security: -€250
- Gross operating margin +€42,683
up €42,683, from -€30,441 to €12,242
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 | €18,941 | €31,787 | +€12,846 | +67.8% |
| Current assets | 29/58 | €18,941 | €31,787 | +€12,846 | +67.8% |
| Stocks and contracts in progress | 3 | €6,875 | €27,583 | +€20,708 | +301% |
| Stocks | 30/36 | €6,875 | €27,583 | +€20,708 | +301% |
| Cash at bank and in hand | 54/58 | €12,066 | €4,204 | -€7,862 | -65.2% |
| Total equity and liabilities | 10/49 | €18,941 | €31,787 | +€12,846 | +67.8% |
| Equity | 10/15 | €162 | €11,477 | +€11,315 | +7,004% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,438 | -€7,123 | +€11,315 | +61.4% |
| Amounts payable | 17/49 | €18,779 | €20,311 | +€1,531 | +8.2% |
| Amounts payable within one year | 42/48 | €18,779 | €20,311 | +€1,531 | +8.2% |
| Trade debts | 44 | €2,399 | €834 | -€1,565 | -65.2% |
| Suppliers | 440/4 | €2,399 | €834 | -€1,565 | -65.2% |
| Taxes, remuneration and social security | 45 | €13,283 | €12,835 | -€448 | -3.4% |
| Taxes | 450/3 | €9,283 | €9,085 | -€198 | -2.1% |
| Remuneration and social security | 454/9 | €4,000 | €3,750 | -€250 | -6.3% |
| Other amounts payable | 47/48 | €3,097 | €6,642 | +€3,545 | +114% |
| Other operating charges | 640/8 | €782 | €601 | -€181 | -23.2% |
| Gross operating margin | 9900 | -€30,441 | €12,242 | +€42,683 | |
| Operating profit (loss) | 9901 | -€31,223 | €11,641 | +€42,864 | |
| Financial income | 75/76B | €5 | €5 | = | 0.0% |
| Recurring financial income | 75 | €5 | €5 | = | 0.0% |
| Financial charges | 65/66B | €310 | €331 | +€22 | +7.0% |
| Recurring financial charges | 65 | €310 | €331 | +€22 | +7.0% |
| Profit (loss) for the period before taxes | 9903 | -€31,528 | €11,315 | +€42,843 | |
| Profit (loss) for the period | 9904 | -€31,528 | €11,315 | +€42,843 | |
| Profit (loss) for the period to be appropriated | 9905 | -€31,528 | €11,315 | +€42,843 |
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 18 October 2026 via checked.be.