HANBIT: what changed
Two fiscal 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.
HANBIT
Largest movements
- Tangible fixed assets -€11,298
down €11,298 (-18.1%), from €62,568 to €51,270
of which Furniture and vehicles: -€6,256
- Cash -€6,155
down €6,155 (-23.9%), from €25,728 to €19,573
mainly Contributions, distributions and other (-€17,997) and Net result for the year (-€9,055)
- Receivables within one year -€5,422
no longer reported in 2025 (was €5,422)
of which Trade receivables: -€4,056
- Deferred charges and accrued income +€1,332
up €1,332 (+52.5%), from €2,535 to €3,867
- Reserves -€27,052
down €27,052 (-43.4%), from €62,401 to €35,349
- Other debts +€9,851
up €9,851 (+1529.3%), from €644 to €10,496
- Debts after one year -€5,806
down €5,806 (-24.3%), from €23,932 to €18,126
- Trade debts +€1,479
up €1,479 (+747.5%), from €198 to €1,677
- Gross operating margin -€13,432
down €13,432 (-62.6%), from €21,471 to €8,039
- Depreciation +€6,282
up €6,282 (+90.8%), from €6,917 to €13,198
- Taxes -€2,816
down €2,816 (-82.9%), from €3,395 to €579
- Financial income +€1,337
up €1,337 (+1369.2%), from €98 to €1,434
of which Non-recurring financial income: +€1,354
- Other operating charges +€968
up €968 (+51.0%), from €1,899 to €2,866
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.
Cash bridge derived
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 | €102,248 | €81,449 | -€20,798 | -20.3% |
| Fixed assets | 21/28 | €62,568 | €51,270 | -€11,298 | -18.1% |
| Tangible fixed assets | 22/27 | €62,568 | €51,270 | -€11,298 | -18.1% |
| Land and buildings | 22 | €17,108 | €14,442 | -€2,666 | -15.6% |
| Plant, machinery and equipment | 23 | €10,101 | €7,725 | -€2,376 | -23.5% |
| Furniture and vehicles | 24 | €35,359 | €29,103 | -€6,256 | -17.7% |
| Current assets | 29/58 | €39,680 | €30,180 | -€9,500 | -23.9% |
| Stocks and contracts in progress | 3 | €5,995 | €6,740 | +€745 | +12.4% |
| Stocks | 30/36 | €5,784 | €6,740 | +€956 | +16.5% |
| Contracts in progress | 37 | €211 | - | -€211 | |
| Amounts receivable within one year | 40/41 | €5,422 | - | -€5,422 | |
| Trade receivables | 40 | €4,056 | - | -€4,056 | |
| Other amounts receivable | 41 | €1,366 | - | -€1,366 | |
| Cash at bank and in hand | 54/58 | €25,728 | €19,573 | -€6,155 | -23.9% |
| Deferred charges and accrued income | 490/1 | €2,535 | €3,867 | +€1,332 | +52.5% |
| Total equity and liabilities | 10/49 | €102,248 | €81,449 | -€20,798 | -20.3% |
| Equity | 10/15 | €68,601 | €41,549 | -€27,052 | -39.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €62,401 | €35,349 | -€27,052 | -43.4% |
| Distributable reserves | 133 | €62,401 | €35,349 | -€27,052 | -43.4% |
| Amounts payable | 17/49 | €33,646 | €39,900 | +€6,254 | +18.6% |
| Amounts payable after more than one year | 17 | €23,932 | €18,126 | -€5,806 | -24.3% |
| Financial debts | 170/4 | €23,932 | €18,126 | -€5,806 | -24.3% |
| Amounts payable within one year | 42/48 | €9,578 | €21,757 | +€12,180 | +127.2% |
| Current portion of amounts payable after more than one year | 42 | €5,609 | €5,806 | +€197 | +3.5% |
| Trade debts | 44 | €198 | €1,677 | +€1,479 | +747.5% |
| Suppliers | 440/4 | €198 | €1,677 | +€1,479 | +747.5% |
| Taxes, remuneration and social security | 45 | €3,127 | €3,779 | +€652 | +20.9% |
| Taxes | 450/3 | €3,127 | €2,979 | -€148 | -4.7% |
| Remuneration and social security | 454/9 | - | €800 | +€800 | |
| Other amounts payable | 47/48 | €644 | €10,496 | +€9,851 | +1529.3% |
| Accrued charges and deferred income | 492/3 | €137 | €17 | -€120 | -87.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,917 | €13,198 | +€6,282 | +90.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €964 | - | -€964 | |
| Other operating charges | 640/8 | €1,899 | €2,866 | +€968 | +51.0% |
| Gross operating margin | 9900 | €21,471 | €8,039 | -€13,432 | -62.6% |
| Operating profit (loss) | 9901 | €11,692 | -€8,026 | -€19,718 | |
| Financial income | 75/76B | €98 | €1,434 | +€1,337 | +1369.2% |
| Recurring financial income | 75 | €19 | €1 | -€18 | -92.7% |
| Non-recurring financial income | 76B | €78 | €1,433 | +€1,354 | +1731.2% |
| Financial charges | 65/66B | €1,126 | €1,885 | +€759 | +67.4% |
| Recurring financial charges | 65 | €1,126 | €1,885 | +€759 | +67.4% |
| Profit (loss) for the period before taxes | 9903 | €10,664 | -€8,476 | -€19,140 | |
| Income taxes | 67/77 | €3,395 | €579 | -€2,816 | -82.9% |
| Profit (loss) for the period | 9904 | €7,269 | -€9,055 | -€16,324 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,269 | -€9,055 | -€16,324 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.