HANAN: 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.
HANAN
Largest movements
- Receivables within one year +€7,050
up €7,050 (+34.7%), from €20,297 to €27,348
of which Trade receivables: +€5,606
- Cash +€6,745
up €6,745 (+57.8%), from €11,675 to €18,420
mainly Net result for the year (+€10,551) and Advances received (+€6,443)
- Financial fixed assets +€1,000
new in 2025: €1,000
- Stocks and contracts -€730
down €730 (-29.8%), from €2,451 to €1,721
- Tangible fixed assets -€616
down €616 (-50.5%), from €1,220 to €605
- Reserves +€10,551
up €10,551 (+365%), from €2,892 to €13,444
- Advances received +€6,443
up €6,443 (+30.7%), from €20,983 to €27,425
- Contributions -€4,000
down €4,000 (-100%), from €4,000 to €0
- Tax, wage and social debts +€825
up €825 (+216%), from €382 to €1,207
- Taxes +€1,112
new in 2025: €1,112
- Other operating charges -€501
down €501 (-51.8%), from €968 to €466
- Gross operating margin -€166
down €166 (-1.2%), from €13,526 to €13,360
- Depreciation +€159
up €159 (+34.9%), from €456 to €616
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 | €35,659 | €49,109 | +€13,451 | +37.7% |
| Fixed assets | 21/28 | €1,220 | €1,605 | +€384 | +31.5% |
| Tangible fixed assets | 22/27 | €1,220 | €605 | -€616 | -50.5% |
| Plant, machinery and equipment | 23 | €1,220 | €605 | -€616 | -50.5% |
| Financial fixed assets | 28 | - | €1,000 | +€1,000 | |
| Current assets | 29/58 | €34,439 | €47,505 | +€13,066 | +37.9% |
| Stocks and contracts in progress | 3 | €2,451 | €1,721 | -€730 | -29.8% |
| Stocks | 30/36 | €2,451 | €1,721 | -€730 | -29.8% |
| Amounts receivable within one year | 40/41 | €20,297 | €27,348 | +€7,050 | +34.7% |
| Trade receivables | 40 | €20,267 | €25,873 | +€5,606 | +27.7% |
| Other amounts receivable | 41 | €30 | €1,475 | +€1,445 | +4,795% |
| Cash at bank and in hand | 54/58 | €11,675 | €18,420 | +€6,745 | +57.8% |
| Deferred charges and accrued income | 490/1 | €15 | €16 | +€1 | +6.0% |
| Total equity and liabilities | 10/49 | €35,659 | €49,109 | +€13,451 | +37.7% |
| Equity | 10/15 | €6,892 | €13,444 | +€6,551 | +95.1% |
| Contributions | 10/11 | €4,000 | €0 | -€4,000 | -100% |
| Reserves | 13 | €2,892 | €13,444 | +€10,551 | +365% |
| Distributable reserves | 133 | €2,892 | €13,444 | +€10,551 | +365% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €28,766 | €35,666 | +€6,899 | +24.0% |
| Amounts payable within one year | 42/48 | €28,766 | €35,666 | +€6,899 | +24.0% |
| Trade debts | 44 | €828 | €497 | -€330 | -39.9% |
| Suppliers | 440/4 | €828 | €497 | -€330 | -39.9% |
| Advances received on contracts in progress | 46 | €20,983 | €27,425 | +€6,443 | +30.7% |
| Taxes, remuneration and social security | 45 | €382 | €1,207 | +€825 | +216% |
| Taxes | 450/3 | €382 | €1,207 | +€825 | +216% |
| Other amounts payable | 47/48 | €6,574 | €6,536 | -€38 | -0.6% |
| Remuneration, social security and pensions | 62 | - | -€15 | -€15 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €456 | €616 | +€159 | +34.9% |
| Other operating charges | 640/8 | €968 | €466 | -€501 | -51.8% |
| Gross operating margin | 9900 | €13,526 | €13,360 | -€166 | -1.2% |
| Operating profit (loss) | 9901 | €12,102 | €12,293 | +€191 | +1.6% |
| Financial income | 75/76B | €1 | €25 | +€24 | +1,599% |
| Recurring financial income | 75 | €1 | €25 | +€24 | +1,599% |
| Financial charges | 65/66B | €696 | €655 | -€40 | -5.8% |
| Recurring financial charges | 65 | €696 | €655 | -€40 | -5.8% |
| Profit (loss) for the period before taxes | 9903 | €11,408 | €11,663 | +€255 | +2.2% |
| Income taxes | 67/77 | - | €1,112 | +€1,112 | |
| Profit (loss) for the period | 9904 | €11,408 | €10,551 | -€857 | -7.5% |
| Profit (loss) for the period to be appropriated | 9905 | €11,408 | €10,551 | -€857 | -7.5% |
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 28 October 2026 via checked.be.