Handcraft: 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.
Handcraft
Largest movements
- Cash +€2,344
up €2,344 (+18.1%), from €12,922 to €15,265
mainly Trade debts (+€2,086) and Depreciation (+€1,096)
- Tangible fixed assets +€1,650
up €1,650 (+52.5%), from €3,143 to €4,793
- Stocks and contracts +€486
up €486 (+33.8%), from €1,437 to €1,922
- Receivables within one year -€473
down €473 (-83.8%), from €564 to €91
- Reserves +€5,489
new in 2025: €5,489
- Profit (loss) carried forward -€4,430
no longer reported in 2025 (was €4,430)
- Trade debts +€2,086
up €2,086 (+186.4%), from €1,119 to €3,206
- Other debts +€467
up €467 (+6.9%), from €6,748 to €7,215
- Tax, wage and social debts +€357
up €357 (+10.8%), from €3,306 to €3,663
- Gross operating margin -€1,308
down €1,308 (-20.6%), from €6,338 to €5,030
- Taxes +€1,269
new in 2025: €1,269
- Staff costs +€626
up €626 (+4759.0%), from €13 to €639
- Depreciation -€316
down €316 (-22.4%), from €1,413 to €1,096
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 | €18,104 | €22,073 | +€3,968 | +21.9% |
| Formation expenses | 20 | €38 | - | -€38 | |
| Fixed assets | 21/28 | €3,143 | €4,793 | +€1,650 | +52.5% |
| Tangible fixed assets | 22/27 | €3,143 | €4,793 | +€1,650 | +52.5% |
| Furniture and vehicles | 24 | €3,143 | €4,793 | +€1,650 | +52.5% |
| Current assets | 29/58 | €14,923 | €17,279 | +€2,357 | +15.8% |
| Stocks and contracts in progress | 3 | €1,437 | €1,922 | +€486 | +33.8% |
| Stocks | 30/36 | €1,437 | €1,922 | +€486 | +33.8% |
| Amounts receivable within one year | 40/41 | €564 | €91 | -€473 | -83.8% |
| Trade receivables | 40 | €564 | €91 | -€473 | -83.8% |
| Cash at bank and in hand | 54/58 | €12,922 | €15,265 | +€2,344 | +18.1% |
| Total equity and liabilities | 10/49 | €18,104 | €22,073 | +€3,968 | +21.9% |
| Equity | 10/15 | €6,930 | €7,989 | +€1,058 | +15.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | - | €5,489 | +€5,489 | |
| Distributable reserves | 133 | - | €5,489 | +€5,489 | |
| Profit (loss) carried forward | 14 | €4,430 | - | -€4,430 | |
| Amounts payable | 17/49 | €11,174 | €14,084 | +€2,910 | +26.0% |
| Amounts payable within one year | 42/48 | €11,174 | €14,084 | +€2,910 | +26.0% |
| Trade debts | 44 | €1,119 | €3,206 | +€2,086 | +186.4% |
| Suppliers | 440/4 | €1,119 | €3,206 | +€2,086 | +186.4% |
| Taxes, remuneration and social security | 45 | €3,306 | €3,663 | +€357 | +10.8% |
| Taxes | 450/3 | €3,306 | €3,663 | +€357 | +10.8% |
| Other amounts payable | 47/48 | €6,748 | €7,215 | +€467 | +6.9% |
| Remuneration, social security and pensions | 62 | €13 | €639 | +€626 | +4759.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,413 | €1,096 | -€316 | -22.4% |
| Other operating charges | 640/8 | €875 | €897 | +€21 | +2.5% |
| Gross operating margin | 9900 | €6,338 | €5,030 | -€1,308 | -20.6% |
| Operating profit (loss) | 9901 | €4,037 | €2,397 | -€1,639 | -40.6% |
| Financial income | 75/76B | €2 | €0 | -€2 | -87.6% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -87.6% |
| Financial charges | 65/66B | €92 | €70 | -€22 | -23.4% |
| Recurring financial charges | 65 | €92 | €70 | -€22 | -23.4% |
| Profit (loss) for the period before taxes | 9903 | €3,947 | €2,327 | -€1,620 | -41.0% |
| Income taxes | 67/77 | - | €1,269 | +€1,269 | |
| Profit (loss) for the period | 9904 | €3,947 | €1,058 | -€2,888 | -73.2% |
| Profit (loss) for the period to be appropriated | 9905 | €3,947 | €1,058 | -€2,888 | -73.2% |
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 12 October 2026 via checked.be.