HANDIRI: 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.
HANDIRI
Largest movements
- Tangible fixed assets -€39,350
down €39,350 (-6.3%), from €622,738 to €583,387
of which Land and buildings: -€21,545
- Receivables within one year +€30,409
up €30,409 (+215.8%), from €14,091 to €44,500
of which Other amounts receivable: +€37,209
- Cash +€16,278
up €16,278 (+304.5%), from €5,346 to €21,624
mainly Debts after one year (+€178,620) and Depreciation (+€39,350)
- Other debts -€195,337
down €195,337 (-43.7%), from €446,695 to €251,358
- Debts after one year +€178,620
up €178,620 (+121.7%), from €146,796 to €325,416
- Profit (loss) carried forward +€31,946
up €31,946 (+11.6%), from -€276,251 to -€244,305
- Gross operating margin -€13,377
down €13,377 (-13.8%), from €97,145 to €83,767
- Turnover -€9,518
down €9,518 (-9.2%), from €103,718 to €94,200
- Financial charges -€5,764
down €5,764 (-49.2%), from €11,716 to €5,953
- Purchases and services +€3,859
up €3,859 (+58.7%), from €6,574 to €10,433
- Other operating charges +€1,713
up €1,713 (+25.3%), from €6,777 to €8,490
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 | €642,174 | €649,512 | +€7,337 | +1.1% |
| Fixed assets | 21/28 | €622,738 | €583,387 | -€39,350 | -6.3% |
| Tangible fixed assets | 22/27 | €622,738 | €583,387 | -€39,350 | -6.3% |
| Land and buildings | 22 | €579,133 | €557,587 | -€21,545 | -3.7% |
| Plant, machinery and equipment | 23 | €43,200 | €25,800 | -€17,400 | -40.3% |
| Furniture and vehicles | 24 | €405 | - | -€405 | |
| Current assets | 29/58 | €19,437 | €66,124 | +€46,687 | +240.2% |
| Amounts receivable within one year | 40/41 | €14,091 | €44,500 | +€30,409 | +215.8% |
| Trade receivables | 40 | €6,800 | - | -€6,800 | |
| Other amounts receivable | 41 | €7,291 | €44,500 | +€37,209 | +510.4% |
| Cash at bank and in hand | 54/58 | €5,346 | €21,624 | +€16,278 | +304.5% |
| Total equity and liabilities | 10/49 | €642,174 | €649,512 | +€7,337 | +1.1% |
| Equity | 10/15 | €12,614 | €40,840 | +€28,226 | +223.8% |
| Contributions | 10/11 | €72,200 | €72,200 | = | 0.0% |
| Revaluation surpluses | 12 | €179,617 | €179,617 | = | 0.0% |
| Reserves | 13 | €37,048 | €33,328 | -€3,720 | -10.0% |
| Non-distributable reserves | 130/1 | €3,720 | - | -€3,720 | |
| Reserves not available under the articles | 1311 | €3,720 | - | -€3,720 | |
| Distributable reserves | 133 | €33,328 | €33,328 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€276,251 | -€244,305 | +€31,946 | +11.6% |
| Amounts payable | 17/49 | €629,560 | €608,672 | -€20,888 | -3.3% |
| Amounts payable after more than one year | 17 | €146,796 | €325,416 | +€178,620 | +121.7% |
| Financial debts | 170/4 | €146,796 | €325,416 | +€178,620 | +121.7% |
| Amounts payable within one year | 42/48 | €482,764 | €283,255 | -€199,508 | -41.3% |
| Current portion of amounts payable after more than one year | 42 | €36,069 | €31,734 | -€4,335 | -12.0% |
| Taxes, remuneration and social security | 45 | - | €164 | +€164 | |
| Taxes | 450/3 | - | €164 | +€164 | |
| Other amounts payable | 47/48 | €446,695 | €251,358 | -€195,337 | -43.7% |
| Turnover | 70 | €103,718 | €94,200 | -€9,518 | -9.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €6,574 | €10,433 | +€3,859 | +58.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,309 | €39,350 | +€42 | +0.1% |
| Other operating charges | 640/8 | €6,777 | €8,490 | +€1,713 | +25.3% |
| Gross operating margin | 9900 | €97,145 | €83,767 | -€13,377 | -13.8% |
| Operating profit (loss) | 9901 | €51,059 | €35,927 | -€15,132 | -29.6% |
| Financial income | 75/76B | €1,854 | €1,971 | +€117 | +6.3% |
| Recurring financial income | 75 | €1,854 | €1,971 | +€117 | +6.3% |
| Financial charges | 65/66B | €11,716 | €5,953 | -€5,764 | -49.2% |
| Recurring financial charges | 65 | €11,716 | €5,953 | -€5,764 | -49.2% |
| Profit (loss) for the period before taxes | 9903 | €41,197 | €31,946 | -€9,251 | -22.5% |
| Profit (loss) for the period | 9904 | €41,197 | €31,946 | -€9,251 | -22.5% |
| Profit (loss) for the period to be appropriated | 9905 | €41,197 | €31,946 | -€9,251 | -22.5% |
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 3 October 2026 via checked.be.