Håndlayer: 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.
Håndlayer
Largest movements
- Receivables within one year -€31,883
down €31,883 (-59.5%), from €53,550 to €21,667
of which Trade receivables: -€41,486
- Tangible fixed assets -€22,562
down €22,562 (-5.1%), from €445,624 to €423,062
of which Other tangible fixed assets: -€33,957
- Cash +€7,214
up €7,214 (+18.5%), from €39,016 to €46,230
mainly Trade debts (+€35,431) and Receivables within one year (+€31,883)
- Debts after one year -€45,406
down €45,406 (-10.1%), from €449,776 to €404,370
of which Other amounts payable: -€77,426
- Trade debts +€35,431
up €35,431 (+173.6%), from €20,414 to €55,845
- Current portion of long-term debt -€20,366
down €20,366 (-44.0%), from €46,320 to €25,954
- Profit (loss) carried forward -€13,825
down €13,825, from €12,027 to -€1,797
- Gross operating margin -€14,449
down €14,449 (-7.7%), from €187,789 to €173,340
- Staff costs +€8,792
up €8,792 (+8.2%), from €107,444 to €116,235
- Depreciation -€6,358
down €6,358 (-16.7%), from €38,128 to €31,771
- Financial charges +€4,171
up €4,171 (+15.6%), from €26,784 to €30,955
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 | €614,094 | €566,483 | -€47,610 | -7.8% |
| Fixed assets | 21/28 | €445,784 | €423,222 | -€22,562 | -5.1% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €445,624 | €423,062 | -€22,562 | -5.1% |
| Land and buildings | 22 | €372,690 | €392,516 | +€19,826 | +5.3% |
| Plant, machinery and equipment | 23 | €18,877 | €15,578 | -€3,299 | -17.5% |
| Furniture and vehicles | 24 | €20,100 | €14,968 | -€5,132 | -25.5% |
| Other tangible fixed assets | 26 | €33,957 | €0 | -€33,957 | -100.0% |
| Financial fixed assets | 28 | €160 | €160 | = | 0.0% |
| Current assets | 29/58 | €168,310 | €143,261 | -€25,048 | -14.9% |
| Stocks and contracts in progress | 3 | €68,202 | €69,189 | +€986 | +1.4% |
| Stocks | 30/36 | €68,202 | €69,189 | +€986 | +1.4% |
| Amounts receivable within one year | 40/41 | €53,550 | €21,667 | -€31,883 | -59.5% |
| Trade receivables | 40 | €49,894 | €8,408 | -€41,486 | -83.1% |
| Other amounts receivable | 41 | €3,656 | €13,259 | +€9,603 | +262.6% |
| Cash at bank and in hand | 54/58 | €39,016 | €46,230 | +€7,214 | +18.5% |
| Deferred charges and accrued income | 490/1 | €7,541 | €6,176 | -€1,365 | -18.1% |
| Total equity and liabilities | 10/49 | €614,094 | €566,483 | -€47,610 | -7.8% |
| Equity | 10/15 | €22,027 | €8,203 | -€13,825 | -62.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,027 | -€1,797 | -€13,825 | |
| Amounts payable | 17/49 | €592,066 | €558,281 | -€33,785 | -5.7% |
| Amounts payable after more than one year | 17 | €449,776 | €404,370 | -€45,406 | -10.1% |
| Financial debts | 170/4 | €372,350 | €404,370 | +€32,020 | +8.6% |
| Other amounts payable | 178/9 | €77,426 | €0 | -€77,426 | -100.0% |
| Amounts payable within one year | 42/48 | €142,290 | €153,911 | +€11,620 | +8.2% |
| Current portion of amounts payable after more than one year | 42 | €46,320 | €25,954 | -€20,366 | -44.0% |
| Financial debts | 43 | €60,000 | €62,544 | +€2,544 | +4.2% |
| Credit institutions | 430/8 | €60,000 | €62,544 | +€2,544 | +4.2% |
| Trade debts | 44 | €20,414 | €55,845 | +€35,431 | +173.6% |
| Suppliers | 440/4 | €20,414 | €55,845 | +€35,431 | +173.6% |
| Taxes, remuneration and social security | 45 | €15,307 | €9,569 | -€5,738 | -37.5% |
| Taxes | 450/3 | €6,297 | €3,914 | -€2,383 | -37.8% |
| Remuneration and social security | 454/9 | €9,010 | €5,654 | -€3,355 | -37.2% |
| Other amounts payable | 47/48 | €250 | €0 | -€250 | -100.0% |
| Non-recurring operating income | 76A | - | €22,152 | +€22,152 | |
| Remuneration, social security and pensions | 62 | €107,444 | €116,235 | +€8,792 | +8.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,128 | €31,771 | -€6,358 | -16.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | €1,799 | +€1,799 | |
| Other operating charges | 640/8 | €5,163 | €4,436 | -€727 | -14.1% |
| Gross operating margin | 9900 | €187,789 | €173,340 | -€14,449 | -7.7% |
| Operating profit (loss) | 9901 | €37,054 | €19,099 | -€17,955 | -48.5% |
| Financial income | 75/76B | €40 | €53 | +€12 | +30.4% |
| Recurring financial income | 75 | €40 | €53 | +€12 | +30.4% |
| Financial charges | 65/66B | €26,784 | €30,955 | +€4,171 | +15.6% |
| Recurring financial charges | 65 | €26,784 | €30,955 | +€4,171 | +15.6% |
| Profit (loss) for the period before taxes | 9903 | €10,310 | -€11,803 | -€22,114 | |
| Income taxes | 67/77 | €1,892 | €2,022 | +€130 | +6.9% |
| Profit (loss) for the period | 9904 | €8,419 | -€13,825 | -€22,244 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,419 | -€13,825 | -€22,244 |
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.