HANCE: 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.
HANCE
Largest movements
- Stocks and contracts -€65,148
down €65,148 (-65.5%), from €99,410 to €34,261
- Tangible fixed assets +€58,598
up €58,598 (+103.1%), from €56,862 to €115,460
of which Furniture and vehicles: +€59,000
- Receivables within one year -€14,139
down €14,139 (-38.5%), from €36,753 to €22,614
- Tax, wage and social debts -€15,223
down €15,223 (-80.5%), from €18,920 to €3,698
- Trade debts -€14,950
down €14,950 (-62.2%), from €24,028 to €9,078
- Profit (loss) carried forward +€9,199
up €9,199 (+3.8%), from €242,685 to €251,884
- Current portion of long-term debt +€4,908
up €4,908 (+193.5%), from €2,536 to €7,444
- Debts after one year -€3,039
down €3,039 (-43.2%), from €7,030 to €3,991
- Gross operating margin -€1,111
down €1,111 (-8.3%), from €13,361 to €12,250
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €303,260 | €284,155 | -€19,105 | -6.3% |
| Fixed assets | 21/28 | €64,362 | €122,960 | +€58,598 | +91.0% |
| Tangible fixed assets | 22/27 | €56,862 | €115,460 | +€58,598 | +103.1% |
| Plant, machinery and equipment | 23 | €20,478 | €20,076 | -€402 | -2.0% |
| Furniture and vehicles | 24 | €36,384 | €95,384 | +€59,000 | +162.2% |
| Financial fixed assets | 28 | €7,500 | €7,500 | = | 0.0% |
| Current assets | 29/58 | €238,898 | €161,195 | -€77,702 | -32.5% |
| Stocks and contracts in progress | 3 | €99,410 | €34,261 | -€65,148 | -65.5% |
| Stocks | 30/36 | €99,410 | €34,261 | -€65,148 | -65.5% |
| Amounts receivable within one year | 40/41 | €36,753 | €22,614 | -€14,139 | -38.5% |
| Trade receivables | 40 | €36,753 | €22,614 | -€14,139 | -38.5% |
| Cash at bank and in hand | 54/58 | €102,735 | €104,320 | +€1,585 | +1.5% |
| Total equity and liabilities | 10/49 | €303,260 | €284,155 | -€19,105 | -6.3% |
| Equity | 10/15 | €250,745 | €259,944 | +€9,199 | +3.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €242,685 | €251,884 | +€9,199 | +3.8% |
| Amounts payable | 17/49 | €52,515 | €24,211 | -€28,303 | -53.9% |
| Amounts payable after more than one year | 17 | €7,030 | €3,991 | -€3,039 | -43.2% |
| Financial debts | 170/4 | €7,030 | €3,991 | -€3,039 | -43.2% |
| Amounts payable within one year | 42/48 | €45,484 | €20,220 | -€25,264 | -55.5% |
| Current portion of amounts payable after more than one year | 42 | €2,536 | €7,444 | +€4,908 | +193.5% |
| Trade debts | 44 | €24,028 | €9,078 | -€14,950 | -62.2% |
| Suppliers | 440/4 | €24,028 | €9,078 | -€14,950 | -62.2% |
| Taxes, remuneration and social security | 45 | €18,920 | €3,698 | -€15,223 | -80.5% |
| Taxes | 450/3 | €18,920 | €3,698 | -€15,223 | -80.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,639 | €2,639 | = | 0.0% |
| Gross operating margin | 9900 | €13,361 | €12,250 | -€1,111 | -8.3% |
| Operating profit (loss) | 9901 | €10,722 | €9,612 | -€1,111 | -10.4% |
| Financial charges | 65/66B | €298 | €423 | +€125 | +41.9% |
| Recurring financial charges | 65 | €298 | €423 | +€125 | +41.9% |
| Profit (loss) for the period before taxes | 9903 | €10,424 | €9,189 | -€1,235 | -11.9% |
| Profit (loss) for the period | 9904 | €10,424 | €9,189 | -€1,235 | -11.9% |
| Profit (loss) for the period to be appropriated | 9905 | €10,424 | €9,189 | -€1,235 | -11.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.