HANCKE GREET: what changed
HANCKE GREET
Largest movements
- Receivables within one year +€47,068
up €47,068 (+27.0%), from €174,045 to €221,114
of which Other amounts receivable: +€40,849
- Tangible fixed assets +€8,727
up €8,727 (+104%), from €8,408 to €17,135
- Cash +€5,500
up €5,500 (+37.6%), from €14,633 to €20,132
mainly Net result for the year (+€44,208) and Other debts (+€16,955)
- Reserves +€44,208
up €44,208 (+32.1%), from €137,851 to €182,058
- Other debts +€16,955
up €16,955 (+48.5%), from €34,943 to €51,898
- Gross operating margin +€52,195
up €52,195 (+521%), from €10,015 to €62,210
- Taxes +€13,406
up €13,406 (+554%), from €2,419 to €15,825
- Depreciation -€1,872
down €1,872 (-32.0%), from €5,849 to €3,977
- Financial income +€1,715
up €1,715 (+85.7%), from €2,000 to €3,715
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €198,773 | €260,257 | +€61,485 | +30.9% |
| Fixed assets | 21/28 | €8,658 | €17,385 | +€8,727 | +101% |
| Tangible fixed assets | 22/27 | €8,408 | €17,135 | +€8,727 | +104% |
| Furniture and vehicles | 24 | €8,408 | €17,135 | +€8,727 | +104% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €190,114 | €242,872 | +€52,758 | +27.8% |
| Amounts receivable within one year | 40/41 | €174,045 | €221,114 | +€47,068 | +27.0% |
| Trade receivables | 40 | €6,679 | €12,899 | +€6,219 | +93.1% |
| Other amounts receivable | 41 | €167,366 | €208,215 | +€40,849 | +24.4% |
| Cash at bank and in hand | 54/58 | €14,633 | €20,132 | +€5,500 | +37.6% |
| Deferred charges and accrued income | 490/1 | €1,436 | €1,626 | +€190 | +13.2% |
| Total equity and liabilities | 10/49 | €198,773 | €260,257 | +€61,485 | +30.9% |
| Equity | 10/15 | €157,851 | €202,058 | +€44,208 | +28.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €137,851 | €182,058 | +€44,208 | +32.1% |
| Distributable reserves | 133 | €137,851 | €182,058 | +€44,208 | +32.1% |
| Amounts payable | 17/49 | €40,922 | €58,199 | +€17,277 | +42.2% |
| Amounts payable within one year | 42/48 | €40,922 | €58,199 | +€17,277 | +42.2% |
| Trade debts | 44 | €860 | €89 | -€771 | -89.7% |
| Suppliers | 440/4 | €860 | €89 | -€771 | -89.7% |
| Taxes, remuneration and social security | 45 | €5,119 | €6,212 | +€1,093 | +21.4% |
| Taxes | 450/3 | €5,119 | €6,212 | +€1,093 | +21.4% |
| Other amounts payable | 47/48 | €34,943 | €51,898 | +€16,955 | +48.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,849 | €3,977 | -€1,872 | -32.0% |
| Other operating charges | 640/8 | €1,887 | €1,734 | -€153 | -8.1% |
| Gross operating margin | 9900 | €10,015 | €62,210 | +€52,195 | +521% |
| Operating profit (loss) | 9901 | €2,279 | €56,499 | +€54,220 | +2,379% |
| Financial income | 75/76B | €2,000 | €3,715 | +€1,715 | +85.7% |
| Recurring financial income | 75 | €2,000 | €3,715 | +€1,715 | +85.7% |
| Financial charges | 65/66B | €178 | €181 | +€3 | +1.6% |
| Recurring financial charges | 65 | €178 | €181 | +€3 | +1.6% |
| Profit (loss) for the period before taxes | 9903 | €4,101 | €60,033 | +€55,932 | +1,364% |
| Income taxes | 67/77 | €2,419 | €15,825 | +€13,406 | +554% |
| Profit (loss) for the period | 9904 | €1,683 | €44,208 | +€42,525 | +2,527% |
| Profit (loss) for the period to be appropriated | 9905 | €1,683 | €44,208 | +€42,525 | +2,527% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.