HANC-THIEFRY Immo: 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.
HANC-THIEFRY Immo
Largest movements
- Receivables within one year +€69,989
up €69,989 (+616%), from €11,358 to €81,347
of which Other amounts receivable: +€70,000
- Tangible fixed assets -€9,988
down €9,988 (-4.7%), from €210,904 to €200,916
- Cash -€3,929
down €3,929 (-52.8%), from €7,446 to €3,517
mainly Receivables within one year (-€69,989) and Debts after one year (-€18,104)
- Other debts +€60,001
up €60,001 (+218%), from €27,547 to €87,548
- Debts after one year -€18,104
down €18,104 (-11.1%), from €163,166 to €145,062
- Reserves +€11,519
up €11,519 (+105%), from €10,943 to €22,462
- Gross operating margin -€22,583
down €22,583 (-40.7%), from €55,514 to €32,931
- Financial charges -€9,165
down €9,165 (-56.8%), from €16,146 to €6,981
- Depreciation -€4,421
down €4,421 (-29.8%), from €14,844 to €10,423
- Other operating charges -€965
down €965 (-46.1%), from €2,093 to €1,128
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 | €231,788 | €287,156 | +€55,368 | +23.9% |
| Formation expenses | 20 | €1,553 | €1,118 | -€435 | -28.0% |
| Fixed assets | 21/28 | €210,904 | €200,916 | -€9,988 | -4.7% |
| Tangible fixed assets | 22/27 | €210,904 | €200,916 | -€9,988 | -4.7% |
| Land and buildings | 22 | €210,904 | €200,916 | -€9,988 | -4.7% |
| Current assets | 29/58 | €19,331 | €85,122 | +€65,791 | +340% |
| Amounts receivable within one year | 40/41 | €11,358 | €81,347 | +€69,989 | +616% |
| Trade receivables | 40 | €11 | - | -€11 | |
| Other amounts receivable | 41 | €11,347 | €81,347 | +€70,000 | +617% |
| Cash at bank and in hand | 54/58 | €7,446 | €3,517 | -€3,929 | -52.8% |
| Deferred charges and accrued income | 490/1 | €527 | €258 | -€269 | -51.0% |
| Total equity and liabilities | 10/49 | €231,788 | €287,156 | +€55,368 | +23.9% |
| Equity | 10/15 | €20,943 | €32,462 | +€11,519 | +55.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €10,943 | €22,462 | +€11,519 | +105% |
| Distributable reserves | 133 | €10,943 | €22,462 | +€11,519 | +105% |
| Amounts payable | 17/49 | €210,845 | €254,694 | +€43,849 | +20.8% |
| Amounts payable after more than one year | 17 | €163,166 | €145,062 | -€18,104 | -11.1% |
| Financial debts | 170/4 | €163,166 | €145,062 | -€18,104 | -11.1% |
| Amounts payable within one year | 42/48 | €47,679 | €109,632 | +€61,953 | +130% |
| Current portion of amounts payable after more than one year | 42 | €17,396 | €18,104 | +€708 | +4.1% |
| Trade debts | 44 | - | €1,100 | +€1,100 | |
| Suppliers | 440/4 | - | €1,100 | +€1,100 | |
| Taxes, remuneration and social security | 45 | €2,736 | €2,880 | +€144 | +5.3% |
| Taxes | 450/3 | €2,736 | €2,880 | +€144 | +5.3% |
| Other amounts payable | 47/48 | €27,547 | €87,548 | +€60,001 | +218% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,844 | €10,423 | -€4,421 | -29.8% |
| Other operating charges | 640/8 | €2,093 | €1,128 | -€965 | -46.1% |
| Gross operating margin | 9900 | €55,514 | €32,931 | -€22,583 | -40.7% |
| Operating profit (loss) | 9901 | €38,577 | €21,380 | -€17,197 | -44.6% |
| Financial charges | 65/66B | €16,146 | €6,981 | -€9,165 | -56.8% |
| Recurring financial charges | 65 | €16,146 | €6,981 | -€9,165 | -56.8% |
| Profit (loss) for the period before taxes | 9903 | €22,431 | €14,399 | -€8,032 | -35.8% |
| Income taxes | 67/77 | €2,736 | €2,880 | +€144 | +5.3% |
| Profit (loss) for the period | 9904 | €19,695 | €11,519 | -€8,176 | -41.5% |
| Profit (loss) for the period to be appropriated | 9905 | €19,695 | €11,519 | -€8,176 | -41.5% |
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 17 October 2026 via checked.be.