HANDA: 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.
HANDA
Largest movements
- Cash +€68,894
up €68,894 (+108.8%), from €63,323 to €132,217
mainly Net result for the year (+€43,119) and Trade debts (+€20,566)
- Stocks and contracts +€15,400
up €15,400 (+20.5%), from €75,000 to €90,400
- Deferred charges and accrued income -€5,948
down €5,948 (-100.0%), from €5,948 to €0
- Receivables within one year -€5,871
down €5,871 (-93.9%), from €6,251 to €380
of which Trade receivables: -€5,965
- Financial fixed assets -€3,547
down €3,547 (-47.6%), from €7,447 to €3,900
- Profit (loss) carried forward +€43,119
up €43,119 (+56.3%), from €76,617 to €119,736
- Trade debts +€20,566
up €20,566 (+123.9%), from €16,604 to €37,170
- Tax, wage and social debts +€13,048
up €13,048 (+45.8%), from €28,469 to €41,517
of which Taxes: +€6,702
- Other debts -€6,990
down €6,990 (-43.8%), from €15,967 to €8,977
- Gross operating margin +€25,069
up €25,069 (+35.3%), from €71,044 to €96,113
- Staff costs -€19,162
down €19,162 (-40.3%), from €47,552 to €28,389
- Taxes +€13,737
up €13,737 (+400.3%), from €3,432 to €17,169
- Other operating charges -€2,059
down €2,059 (-55.9%), from €3,682 to €1,624
- Financial charges -€1,205
down €1,205 (-18.2%), from €6,635 to €5,430
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 | €159,917 | €228,460 | +€68,543 | +42.9% |
| Fixed assets | 21/28 | €9,396 | €5,463 | -€3,933 | -41.9% |
| Tangible fixed assets | 22/27 | €1,949 | €1,563 | -€385 | -19.8% |
| Plant, machinery and equipment | 23 | €1,949 | €1,563 | -€385 | -19.8% |
| Financial fixed assets | 28 | €7,447 | €3,900 | -€3,547 | -47.6% |
| Current assets | 29/58 | €150,521 | €222,997 | +€72,476 | +48.1% |
| Stocks and contracts in progress | 3 | €75,000 | €90,400 | +€15,400 | +20.5% |
| Stocks | 30/36 | €75,000 | €90,400 | +€15,400 | +20.5% |
| Amounts receivable within one year | 40/41 | €6,251 | €380 | -€5,871 | -93.9% |
| Trade receivables | 40 | €6,133 | €169 | -€5,965 | -97.2% |
| Other amounts receivable | 41 | €117 | €211 | +€94 | +80.4% |
| Cash at bank and in hand | 54/58 | €63,323 | €132,217 | +€68,894 | +108.8% |
| Deferred charges and accrued income | 490/1 | €5,948 | €0 | -€5,948 | -100.0% |
| Total equity and liabilities | 10/49 | €159,917 | €228,460 | +€68,543 | +42.9% |
| Equity | 10/15 | €97,077 | €140,196 | +€43,119 | +44.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €76,617 | €119,736 | +€43,119 | +56.3% |
| Amounts payable | 17/49 | €62,840 | €88,264 | +€25,424 | +40.5% |
| Amounts payable within one year | 42/48 | €61,040 | €87,664 | +€26,624 | +43.6% |
| Trade debts | 44 | €16,604 | €37,170 | +€20,566 | +123.9% |
| Suppliers | 440/4 | €16,604 | €37,170 | +€20,566 | +123.9% |
| Taxes, remuneration and social security | 45 | €28,469 | €41,517 | +€13,048 | +45.8% |
| Taxes | 450/3 | €11,366 | €18,068 | +€6,702 | +59.0% |
| Remuneration and social security | 454/9 | €17,103 | €23,449 | +€6,346 | +37.1% |
| Other amounts payable | 47/48 | €15,967 | €8,977 | -€6,990 | -43.8% |
| Accrued charges and deferred income | 492/3 | €1,800 | €600 | -€1,200 | -66.7% |
| Remuneration, social security and pensions | 62 | €47,552 | €28,389 | -€19,162 | -40.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €477 | €385 | -€91 | -19.2% |
| Other operating charges | 640/8 | €3,682 | €1,624 | -€2,059 | -55.9% |
| Gross operating margin | 9900 | €71,044 | €96,113 | +€25,069 | +35.3% |
| Operating profit (loss) | 9901 | €19,333 | €65,715 | +€46,381 | +239.9% |
| Financial income | 75/76B | €5 | €3 | -€2 | -46.5% |
| Recurring financial income | 75 | €5 | €3 | -€2 | -46.5% |
| Financial charges | 65/66B | €6,635 | €5,430 | -€1,205 | -18.2% |
| Recurring financial charges | 65 | €6,635 | €5,430 | -€1,205 | -18.2% |
| Profit (loss) for the period before taxes | 9903 | €12,703 | €60,287 | +€47,584 | +374.6% |
| Income taxes | 67/77 | €3,432 | €17,169 | +€13,737 | +400.3% |
| Profit (loss) for the period | 9904 | €9,271 | €43,119 | +€33,847 | +365.1% |
| Profit (loss) for the period to be appropriated | 9905 | €9,271 | €43,119 | +€33,847 | +365.1% |
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 9 October 2026 via checked.be.