HANDANTO: 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.
HANDANTO
Largest movements
- Tangible fixed assets -€22,180
down €22,180 (-3.6%), from €616,628 to €594,448
- Debts after one year -€34,827
down €34,827 (-8.8%), from €396,871 to €362,044
- Reserves +€13,152
up €13,152 (+18.6%), from €70,797 to €83,949
of which Distributable reserves: +€13,152
- Other operating charges +€1,609
up €1,609 (+166.5%), from €967 to €2,576
- Gross operating margin +€1,292
up €1,292 (+2.7%), from €48,560 to €49,851
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 | €620,786 | €598,904 | -€21,882 | -3.5% |
| Fixed assets | 21/28 | €616,628 | €594,448 | -€22,180 | -3.6% |
| Tangible fixed assets | 22/27 | €616,628 | €594,448 | -€22,180 | -3.6% |
| Land and buildings | 22 | €616,628 | €594,448 | -€22,180 | -3.6% |
| Current assets | 29/58 | €4,158 | €4,456 | +€298 | +7.2% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €4,158 | €4,456 | +€298 | +7.2% |
| Total equity and liabilities | 10/49 | €620,786 | €598,904 | -€21,882 | -3.5% |
| Equity | 10/15 | €76,997 | €90,149 | +€13,152 | +17.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €70,797 | €83,949 | +€13,152 | +18.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €70,797 | €83,949 | +€13,152 | +18.6% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €543,789 | €508,755 | -€35,035 | -6.4% |
| Amounts payable after more than one year | 17 | €396,871 | €362,044 | -€34,827 | -8.8% |
| Financial debts | 170/4 | €396,871 | €362,044 | -€34,827 | -8.8% |
| Amounts payable within one year | 42/48 | €146,918 | €146,710 | -€208 | -0.1% |
| Current portion of amounts payable after more than one year | 42 | €34,589 | €34,827 | +€237 | +0.7% |
| Taxes, remuneration and social security | 45 | €1,083 | €638 | -€445 | -41.1% |
| Taxes | 450/3 | €1,083 | €638 | -€445 | -41.1% |
| Other amounts payable | 47/48 | €111,246 | €111,246 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,180 | €22,180 | = | 0.0% |
| Other operating charges | 640/8 | €967 | €2,576 | +€1,609 | +166.5% |
| Gross operating margin | 9900 | €48,560 | €49,851 | +€1,292 | +2.7% |
| Operating profit (loss) | 9901 | €25,413 | €25,095 | -€318 | -1.2% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100.0% |
| Financial charges | 65/66B | €6,297 | €5,806 | -€491 | -7.8% |
| Recurring financial charges | 65 | €6,297 | €5,806 | -€491 | -7.8% |
| Profit (loss) for the period before taxes | 9903 | €19,117 | €19,290 | +€173 | +0.9% |
| Income taxes | 67/77 | €6,083 | €6,138 | +€55 | +0.9% |
| Profit (loss) for the period | 9904 | €13,034 | €13,152 | +€118 | +0.9% |
| Profit (loss) for the period to be appropriated | 9905 | €13,034 | €13,152 | +€118 | +0.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.