HANAKYN: 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.
HANAKYN
Largest movements
- Cash +€17,135
up €17,135 (+47.8%), from €35,861 to €52,996
mainly Net result for the year (+€19,148) and Depreciation (+€6,980)
- Receivables within one year +€5,355
up €5,355 (+29.6%), from €18,067 to €23,422
of which Trade receivables: +€5,529
- Tangible fixed assets -€4,641
down €4,641 (-28.1%), from €16,521 to €11,880
- Profit (loss) carried forward +€19,148
up €19,148 (+37.5%), from €51,058 to €70,207
- Tax, wage and social debts -€1,534
down €1,534 (-9.8%), from €15,594 to €14,061
- Gross operating margin -€8,187
down €8,187 (-19.7%), from €41,510 to €33,323
- Depreciation +€2,351
up €2,351 (+50.8%), from €4,629 to €6,980
- Taxes -€1,473
down €1,473 (-18.4%), from €8,011 to €6,538
- Other operating charges +€419
up €419 (+239%), from €176 to €594
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 | €71,998 | €89,647 | +€17,649 | +24.5% |
| Fixed assets | 21/28 | €16,521 | €11,880 | -€4,641 | -28.1% |
| Tangible fixed assets | 22/27 | €16,521 | €11,880 | -€4,641 | -28.1% |
| Furniture and vehicles | 24 | €16,521 | €11,880 | -€4,641 | -28.1% |
| Current assets | 29/58 | €55,477 | €77,767 | +€22,290 | +40.2% |
| Amounts receivable within one year | 40/41 | €18,067 | €23,422 | +€5,355 | +29.6% |
| Trade receivables | 40 | €17,893 | €23,422 | +€5,529 | +30.9% |
| Other amounts receivable | 41 | €174 | €0 | -€174 | -100% |
| Cash at bank and in hand | 54/58 | €35,861 | €52,996 | +€17,135 | +47.8% |
| Deferred charges and accrued income | 490/1 | €1,549 | €1,349 | -€200 | -12.9% |
| Total equity and liabilities | 10/49 | €71,998 | €89,647 | +€17,649 | +24.5% |
| Equity | 10/15 | €56,058 | €75,207 | +€19,148 | +34.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €51,058 | €70,207 | +€19,148 | +37.5% |
| Amounts payable | 17/49 | €15,940 | €14,440 | -€1,500 | -9.4% |
| Amounts payable within one year | 42/48 | €15,940 | €14,440 | -€1,500 | -9.4% |
| Trade debts | 44 | €346 | €198 | -€147 | -42.6% |
| Suppliers | 440/4 | €346 | €198 | -€147 | -42.6% |
| Taxes, remuneration and social security | 45 | €15,594 | €14,061 | -€1,534 | -9.8% |
| Taxes | 450/3 | €15,594 | €14,061 | -€1,534 | -9.8% |
| Other amounts payable | 47/48 | - | €181 | +€181 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,629 | €6,980 | +€2,351 | +50.8% |
| Other operating charges | 640/8 | €176 | €594 | +€419 | +239% |
| Gross operating margin | 9900 | €41,510 | €33,323 | -€8,187 | -19.7% |
| Operating profit (loss) | 9901 | €36,706 | €25,749 | -€10,957 | -29.9% |
| Financial income | 75/76B | €3 | €0 | -€3 | -100% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -100% |
| Financial charges | 65/66B | €78 | €63 | -€15 | -19.4% |
| Recurring financial charges | 65 | €78 | €63 | -€15 | -19.4% |
| Profit (loss) for the period before taxes | 9903 | €36,631 | €25,686 | -€10,945 | -29.9% |
| Income taxes | 67/77 | €8,011 | €6,538 | -€1,473 | -18.4% |
| Profit (loss) for the period | 9904 | €28,620 | €19,148 | -€9,471 | -33.1% |
| Profit (loss) for the period to be appropriated | 9905 | €28,620 | €19,148 | -€9,471 | -33.1% |
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 20 October 2026 via checked.be.