HANDASSA OFFICE: 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.
HANDASSA OFFICE
Largest movements
- Cash +€7,394
up €7,394 (+94.6%), from €7,820 to €15,214
mainly Net result for the year (+€7,197) and Deferred charges and accrued income (+€2,205)
- Deferred charges and accrued income -€2,205
down €2,205 (-80.4%), from €2,742 to €537
- Receivables within one year -€393
down €393 (-3.6%), from €10,792 to €10,399
- Profit (loss) carried forward +€7,197
up €7,197 (+85.4%), from €8,430 to €15,627
- Tax, wage and social debts -€2,359
down €2,359 (-29.4%), from €8,020 to €5,661
of which Taxes: -€2,191
- Gross operating margin -€1,604
down €1,604 (-13.7%), from €11,690 to €10,086
- Taxes -€1,337
down €1,337 (-42.6%), from €3,137 to €1,800
- Financial charges +€874
up €874 (+560%), from €156 to €1,030
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.
Derived cash bridge
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 | €21,354 | €26,150 | +€4,796 | +22.5% |
| Current assets | 29/58 | €21,354 | €26,150 | +€4,796 | +22.5% |
| Amounts receivable within one year | 40/41 | €10,792 | €10,399 | -€393 | -3.6% |
| Trade receivables | 40 | €10,792 | €10,399 | -€393 | -3.6% |
| Cash at bank and in hand | 54/58 | €7,820 | €15,214 | +€7,394 | +94.6% |
| Deferred charges and accrued income | 490/1 | €2,742 | €537 | -€2,205 | -80.4% |
| Total equity and liabilities | 10/49 | €21,354 | €26,150 | +€4,796 | +22.5% |
| Equity | 10/15 | €12,284 | €19,481 | +€7,197 | +58.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €1,354 | €1,354 | = | 0.0% |
| Distributable reserves | 133 | €1,354 | €1,354 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,430 | €15,627 | +€7,197 | +85.4% |
| Amounts payable | 17/49 | €9,070 | €6,669 | -€2,401 | -26.5% |
| Amounts payable within one year | 42/48 | €9,070 | €6,669 | -€2,401 | -26.5% |
| Trade debts | 44 | €879 | €865 | -€14 | -1.6% |
| Suppliers | 440/4 | €879 | €865 | -€14 | -1.6% |
| Taxes, remuneration and social security | 45 | €8,020 | €5,661 | -€2,359 | -29.4% |
| Taxes | 450/3 | €7,737 | €5,546 | -€2,191 | -28.3% |
| Remuneration and social security | 454/9 | €283 | €115 | -€168 | -59.4% |
| Other amounts payable | 47/48 | €171 | €143 | -€28 | -16.4% |
| Remuneration, social security and pensions | 62 | - | €59 | +€59 | |
| Gross operating margin | 9900 | €11,690 | €10,086 | -€1,604 | -13.7% |
| Operating profit (loss) | 9901 | €11,690 | €10,027 | -€1,663 | -14.2% |
| Financial income | 75/76B | €33 | - | -€33 | |
| Recurring financial income | 75 | €33 | - | -€33 | |
| Financial charges | 65/66B | €156 | €1,030 | +€874 | +560% |
| Recurring financial charges | 65 | €156 | €1,030 | +€874 | +560% |
| Profit (loss) for the period before taxes | 9903 | €11,567 | €8,997 | -€2,570 | -22.2% |
| Income taxes | 67/77 | €3,137 | €1,800 | -€1,337 | -42.6% |
| Profit (loss) for the period | 9904 | €8,430 | €7,197 | -€1,233 | -14.6% |
| Profit (loss) for the period to be appropriated | 9905 | €8,430 | €7,197 | -€1,233 | -14.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.