HANAREST TECHNICAL & ADMINISTRATIVE SOLUTIONS: 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.
HANAREST TECHNICAL & ADMINISTRATIVE SOLUTIONS
Largest movements
- Cash -€73,659
down €73,659 (-93.3%), from €78,943 to €5,284
mainly Other debts (-€92,873) and Tax, wage and social debts (-€33,502)
- Tangible fixed assets -€39,594
down €39,594 (-36.3%), from €109,077 to €69,484
of which Furniture and vehicles: -€36,552
- Receivables within one year +€24,780
up €24,780 (+12.0%), from €206,379 to €231,159
of which Other amounts receivable: +€18,461
- Other debts -€92,873
down €92,873 (-41.8%), from €222,283 to €129,411
- Trade debts +€45,659
up €45,659 (+231%), from €19,777 to €65,436
- Tax, wage and social debts -€33,502
down €33,502 (-32.8%), from €102,198 to €68,696
of which Remuneration and social security: -€19,619
- Debts after one year -€11,546
down €11,546 (-36.1%), from €31,994 to €20,447
- Short-term financial debts +€7,356
new in 2025: €7,356
of which Credit institutions: +€4,321
- Gross operating margin -€44,712
down €44,712 (-6.1%), from €735,750 to €691,037
- Staff costs -€42,303
down €42,303 (-6.1%), from €689,181 to €646,878
- Other operating charges -€8,301
down €8,301 (-69.1%), from €12,008 to €3,707
- Depreciation +€7,439
up €7,439 (+64.5%), from €11,537 to €18,976
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 | €404,601 | €319,625 | -€84,976 | -21.0% |
| Fixed assets | 21/28 | €110,027 | €70,434 | -€39,594 | -36.0% |
| Tangible fixed assets | 22/27 | €109,077 | €69,484 | -€39,594 | -36.3% |
| Plant, machinery and equipment | 23 | €25,401 | €22,359 | -€3,042 | -12.0% |
| Furniture and vehicles | 24 | €83,677 | €47,125 | -€36,552 | -43.7% |
| Financial fixed assets | 28 | €950 | €950 | = | 0.0% |
| Current assets | 29/58 | €294,574 | €249,192 | -€45,383 | -15.4% |
| Amounts receivable within one year | 40/41 | €206,379 | €231,159 | +€24,780 | +12.0% |
| Trade receivables | 40 | €144,207 | €150,526 | +€6,320 | +4.4% |
| Other amounts receivable | 41 | €62,172 | €80,633 | +€18,461 | +29.7% |
| Cash at bank and in hand | 54/58 | €78,943 | €5,284 | -€73,659 | -93.3% |
| Deferred charges and accrued income | 490/1 | €9,252 | €12,748 | +€3,496 | +37.8% |
| Total equity and liabilities | 10/49 | €404,601 | €319,625 | -€84,976 | -21.0% |
| Equity | 10/15 | €15,774 | €16,733 | +€959 | +6.1% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,226 | -€8,267 | +€959 | +10.4% |
| Amounts payable | 17/49 | €388,828 | €302,892 | -€85,935 | -22.1% |
| Amounts payable after more than one year | 17 | €31,994 | €20,447 | -€11,546 | -36.1% |
| Financial debts | 170/4 | €31,994 | €20,447 | -€11,546 | -36.1% |
| Amounts payable within one year | 42/48 | €356,834 | €282,445 | -€74,389 | -20.8% |
| Current portion of amounts payable after more than one year | 42 | €12,576 | €11,546 | -€1,030 | -8.2% |
| Financial debts | 43 | - | €7,356 | +€7,356 | |
| Credit institutions | 430/8 | - | €4,321 | +€4,321 | |
| Other loans | 439 | - | €3,035 | +€3,035 | |
| Trade debts | 44 | €19,777 | €65,436 | +€45,659 | +231% |
| Suppliers | 440/4 | €19,777 | €65,436 | +€45,659 | +231% |
| Taxes, remuneration and social security | 45 | €102,198 | €68,696 | -€33,502 | -32.8% |
| Taxes | 450/3 | €25,892 | €12,009 | -€13,883 | -53.6% |
| Remuneration and social security | 454/9 | €76,306 | €56,687 | -€19,619 | -25.7% |
| Other amounts payable | 47/48 | €222,283 | €129,411 | -€92,873 | -41.8% |
| Remuneration, social security and pensions | 62 | €689,181 | €646,878 | -€42,303 | -6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,537 | €18,976 | +€7,439 | +64.5% |
| Other operating charges | 640/8 | €12,008 | €3,707 | -€8,301 | -69.1% |
| Gross operating margin | 9900 | €735,750 | €691,037 | -€44,712 | -6.1% |
| Operating profit (loss) | 9901 | €23,023 | €21,476 | -€1,547 | -6.7% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €13,335 | €12,716 | -€620 | -4.6% |
| Recurring financial charges | 65 | €13,335 | €12,716 | -€620 | -4.6% |
| Profit (loss) for the period before taxes | 9903 | €9,688 | €8,760 | -€927 | -9.6% |
| Income taxes | 67/77 | €5,413 | €7,802 | +€2,388 | +44.1% |
| Profit (loss) for the period | 9904 | €4,275 | €959 | -€3,316 | -77.6% |
| Profit (loss) for the period to be appropriated | 9905 | €4,275 | €959 | -€3,316 | -77.6% |
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 30 October 2026 via checked.be.