HANA TRADING: what changed
HANA TRADING
Largest movements
- Receivables within one year +€87,862
up €87,862 (+59.2%), from €148,471 to €236,333
of which Trade receivables: +€77,740
- Stocks and contracts +€68,176
up €68,176 (+17.9%), from €381,897 to €450,073
- Trade debts +€203,579
up €203,579 (+155%), from €130,999 to €334,579
- Other debts -€52,895
down €52,895 (-32.9%), from €160,640 to €107,745
- Contributions +€25,000
new in 2025: €25,000
- Tax, wage and social debts -€22,160
down €22,160 (-75.5%), from €29,351 to €7,191
- Gross operating margin -€35,789
down €35,789 (-94.8%), from €37,734 to €1,945
- Taxes -€9,248
down €9,248 (-94.9%), from €9,741 to €493
- Other operating charges -€1,011
down €1,011 (-87.3%), from €1,157 to €147
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 | €546,612 | €701,361 | +€154,749 | +28.3% |
| Fixed assets | 21/28 | €3,363 | €7,443 | +€4,080 | +121% |
| Financial fixed assets | 28 | €3,363 | €7,443 | +€4,080 | +121% |
| Current assets | 29/58 | €543,249 | €693,918 | +€150,669 | +27.7% |
| Stocks and contracts in progress | 3 | €381,897 | €450,073 | +€68,176 | +17.9% |
| Stocks | 30/36 | €381,897 | €450,073 | +€68,176 | +17.9% |
| Amounts receivable within one year | 40/41 | €148,471 | €236,333 | +€87,862 | +59.2% |
| Trade receivables | 40 | €143,900 | €221,640 | +€77,740 | +54.0% |
| Other amounts receivable | 41 | €4,571 | €14,693 | +€10,122 | +221% |
| Cash at bank and in hand | 54/58 | €12,881 | €7,512 | -€5,369 | -41.7% |
| Total equity and liabilities | 10/49 | €546,612 | €701,361 | +€154,749 | +28.3% |
| Equity | 10/15 | €215,622 | €241,847 | +€26,225 | +12.2% |
| Contributions | 10/11 | - | €25,000 | +€25,000 | |
| Profit (loss) carried forward | 14 | €215,622 | €216,847 | +€1,225 | +0.6% |
| Amounts payable | 17/49 | €330,990 | €459,514 | +€128,524 | +38.8% |
| Amounts payable within one year | 42/48 | €330,990 | €459,514 | +€128,524 | +38.8% |
| Trade debts | 44 | €130,999 | €334,579 | +€203,579 | +155% |
| Suppliers | 440/4 | €130,999 | €334,579 | +€203,579 | +155% |
| Advances received on contracts in progress | 46 | €10,000 | €10,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €29,351 | €7,191 | -€22,160 | -75.5% |
| Taxes | 450/3 | €29,351 | €7,191 | -€22,160 | -75.5% |
| Other amounts payable | 47/48 | €160,640 | €107,745 | -€52,895 | -32.9% |
| Other operating charges | 640/8 | €1,157 | €147 | -€1,011 | -87.3% |
| Gross operating margin | 9900 | €37,734 | €1,945 | -€35,789 | -94.8% |
| Operating profit (loss) | 9901 | €36,577 | €1,798 | -€34,779 | -95.1% |
| Financial income | 75/76B | €1 | €101 | +€100 | +11,069% |
| Recurring financial income | 75 | €1 | €101 | +€100 | +11,069% |
| Financial charges | 65/66B | €248 | €180 | -€67 | -27.2% |
| Recurring financial charges | 65 | €248 | €180 | -€67 | -27.2% |
| Profit (loss) for the period before taxes | 9903 | €36,330 | €1,718 | -€34,612 | -95.3% |
| Income taxes | 67/77 | €9,741 | €493 | -€9,248 | -94.9% |
| Profit (loss) for the period | 9904 | €26,589 | €1,225 | -€25,364 | -95.4% |
| Profit (loss) for the period to be appropriated | 9905 | €26,589 | €1,225 | -€25,364 | -95.4% |
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 4 November 2026 via checked.be.