HANCAL CONSULTING: 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.
HANCAL CONSULTING
Largest movements
- Tangible fixed assets +€210,767
up €210,767 (+20.0%), from €1.1m to €1.3m
of which Land and buildings: +€212,113
- Current investments -€200,000
down €200,000 (-71.8%), from €278,600 to €78,600
- Cash +€75,270
up €75,270 (+27.2%), from €276,771 to €352,041
mainly Current investments (+€200,000) and Depreciation (+€125,503)
- Receivables within one year +€44,896
up €44,896 (+55.0%), from €81,562 to €126,459
of which Other amounts receivable: +€43,093
- Other debts +€102,298
up €102,298 (+62.7%), from €163,226 to €265,524
- Reserves +€68,974
up €68,974 (+6.0%), from €1.1m to €1.2m
of which Distributable reserves: +€70,834
- Debts after one year -€30,000
down €30,000 (-15.8%), from €190,000 to €160,000
- Depreciation +€72,764
up €72,764 (+138%), from €52,740 to €125,503
- Gross operating margin -€37,094
down €37,094 (-13.3%), from €279,678 to €242,584
- Taxes -€19,989
down €19,989 (-42.8%), from €46,714 to €26,725
- Financial income +€3,976
up €3,976 (+444%), from €895 to €4,871
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 | €1,695,934 | €1,829,023 | +€133,089 | +7.8% |
| Fixed assets | 21/28 | €1,054,894 | €1,265,660 | +€210,767 | +20.0% |
| Tangible fixed assets | 22/27 | €1,053,644 | €1,264,410 | +€210,767 | +20.0% |
| Land and buildings | 22 | €1,048,133 | €1,260,246 | +€212,113 | +20.2% |
| Furniture and vehicles | 24 | €5,510 | €4,165 | -€1,346 | -24.4% |
| Financial fixed assets | 28 | €1,250 | €1,250 | = | 0.0% |
| Current assets | 29/58 | €641,041 | €563,363 | -€77,678 | -12.1% |
| Stocks and contracts in progress | 3 | €4,107 | €3,250 | -€857 | -20.9% |
| Stocks | 30/36 | €4,107 | €3,250 | -€857 | -20.9% |
| Amounts receivable within one year | 40/41 | €81,562 | €126,459 | +€44,896 | +55.0% |
| Trade receivables | 40 | €23,885 | €25,688 | +€1,803 | +7.5% |
| Other amounts receivable | 41 | €57,677 | €100,770 | +€43,093 | +74.7% |
| Current investments | 50/53 | €278,600 | €78,600 | -€200,000 | -71.8% |
| Cash at bank and in hand | 54/58 | €276,771 | €352,041 | +€75,270 | +27.2% |
| Deferred charges and accrued income | 490/1 | - | €3,014 | +€3,014 | |
| Total equity and liabilities | 10/49 | €1,695,934 | €1,829,023 | +€133,089 | +7.8% |
| Equity | 10/15 | €1,154,511 | €1,223,485 | +€68,974 | +6.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,147,726 | €1,216,701 | +€68,974 | +6.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Tax-exempt reserves | 132 | €161,866 | €161,866 | = | 0.0% |
| Distributable reserves | 133 | €984,000 | €1,054,834 | +€70,834 | +7.2% |
| Profit (loss) carried forward | 14 | €585 | €585 | = | 0.0% |
| Provisions and deferred taxes | 16 | €101,000 | €101,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €101,000 | €101,000 | = | 0.0% |
| Pensions and similar obligations | 160 | €101,000 | €101,000 | = | 0.0% |
| Amounts payable | 17/49 | €440,423 | €504,538 | +€64,115 | +14.6% |
| Amounts payable after more than one year | 17 | €190,000 | €160,000 | -€30,000 | -15.8% |
| Financial debts | 170/4 | €190,000 | €160,000 | -€30,000 | -15.8% |
| Amounts payable within one year | 42/48 | €233,441 | €316,406 | +€82,965 | +35.5% |
| Current portion of amounts payable after more than one year | 42 | €30,000 | €30,000 | = | 0.0% |
| Trade debts | 44 | €4,420 | €960 | -€3,460 | -78.3% |
| Suppliers | 440/4 | €4,420 | €960 | -€3,460 | -78.3% |
| Taxes, remuneration and social security | 45 | €35,795 | €19,921 | -€15,874 | -44.3% |
| Taxes | 450/3 | €35,795 | €19,921 | -€15,874 | -44.3% |
| Other amounts payable | 47/48 | €163,226 | €265,524 | +€102,298 | +62.7% |
| Accrued charges and deferred income | 492/3 | €16,982 | €28,132 | +€11,150 | +65.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,740 | €125,503 | +€72,764 | +138% |
| Other operating charges | 640/8 | €4,916 | €3,931 | -€986 | -20.0% |
| Gross operating margin | 9900 | €279,678 | €242,584 | -€37,094 | -13.3% |
| Operating profit (loss) | 9901 | €222,022 | €113,150 | -€108,872 | -49.0% |
| Financial income | 75/76B | €895 | €4,871 | +€3,976 | +444% |
| Recurring financial income | 75 | €895 | €4,871 | +€3,976 | +444% |
| Financial charges | 65/66B | €23,836 | €22,322 | -€1,514 | -6.4% |
| Recurring financial charges | 65 | €23,836 | €22,322 | -€1,514 | -6.4% |
| Profit (loss) for the period before taxes | 9903 | €199,081 | €95,699 | -€103,382 | -51.9% |
| Income taxes | 67/77 | €46,714 | €26,725 | -€19,989 | -42.8% |
| Profit (loss) for the period | 9904 | €152,368 | €68,974 | -€83,393 | -54.7% |
| Profit (loss) for the period to be appropriated | 9905 | €152,368 | €68,974 | -€83,393 | -54.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.