HANDMADE MONSTERS: 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.
HANDMADE MONSTERS
Largest movements
- Receivables within one year -€24,545
down €24,545 (-88.1%), from €27,856 to €3,311
of which Trade receivables: -€23,531
- Tangible fixed assets -€22,561
down €22,561 (-25.6%), from €88,247 to €65,686
of which Furniture and vehicles: -€12,537
- Cash -€11,233
down €11,233 (-48.2%), from €23,285 to €12,052
mainly Net result for the year (-€45,788) and Debts after one year (-€12,611)
- Profit (loss) carried forward -€45,788
down €45,788 (-102%), from -€44,772 to -€90,559
- Debts after one year -€12,611
down €12,611 (-41.4%), from €30,429 to €17,818
- Tax, wage and social debts -€5,905
no longer reported in 2026 (was €5,905)
- Trade debts +€2,786
up €2,786 (+945%), from €295 to €3,081
- Other debts +€2,710
up €2,710 (+74.0%), from €3,664 to €6,374
- Gross operating margin -€38,147
down €38,147, from €23,093 to -€15,054
- Financial charges -€1,773
down €1,773 (-43.9%), from €4,037 to €2,264
- Financial income -€363
down €363 (-99.4%), from €365 to €2
- Other operating charges -€305
down €305 (-21.8%), from €1,398 to €1,094
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €141,748 | €83,551 | -€58,197 | -41.1% |
| Fixed assets | 21/28 | €88,247 | €65,686 | -€22,561 | -25.6% |
| Tangible fixed assets | 22/27 | €88,247 | €65,686 | -€22,561 | -25.6% |
| Furniture and vehicles | 24 | €52,897 | €40,360 | -€12,537 | -23.7% |
| Other tangible fixed assets | 26 | €35,351 | €25,326 | -€10,024 | -28.4% |
| Current assets | 29/58 | €53,500 | €17,865 | -€35,635 | -66.6% |
| Amounts receivable within one year | 40/41 | €27,856 | €3,311 | -€24,545 | -88.1% |
| Trade receivables | 40 | €24,054 | €522 | -€23,531 | -97.8% |
| Other amounts receivable | 41 | €3,803 | €2,789 | -€1,014 | -26.7% |
| Cash at bank and in hand | 54/58 | €23,285 | €12,052 | -€11,233 | -48.2% |
| Deferred charges and accrued income | 490/1 | €2,359 | €2,502 | +€143 | +6.1% |
| Total equity and liabilities | 10/49 | €141,748 | €83,551 | -€58,197 | -41.1% |
| Equity | 10/15 | €89,454 | €43,667 | -€45,788 | -51.2% |
| Contributions | 10/11 | €68,900 | €68,900 | = | 0.0% |
| Reserves | 13 | €65,326 | €65,326 | = | 0.0% |
| Distributable reserves | 133 | €65,326 | €65,326 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€44,772 | -€90,559 | -€45,788 | -102% |
| Amounts payable | 17/49 | €52,294 | €39,884 | -€12,409 | -23.7% |
| Amounts payable after more than one year | 17 | €30,429 | €17,818 | -€12,611 | -41.4% |
| Financial debts | 170/4 | €30,429 | €17,818 | -€12,611 | -41.4% |
| Amounts payable within one year | 42/48 | €21,864 | €22,067 | +€202 | +0.9% |
| Current portion of amounts payable after more than one year | 42 | €12,001 | €12,611 | +€610 | +5.1% |
| Trade debts | 44 | €295 | €3,081 | +€2,786 | +945% |
| Suppliers | 440/4 | €295 | €3,081 | +€2,786 | +945% |
| Taxes, remuneration and social security | 45 | €5,905 | - | -€5,905 | |
| Taxes | 450/3 | €5,905 | - | -€5,905 | |
| Other amounts payable | 47/48 | €3,664 | €6,374 | +€2,710 | +74.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,965 | €27,189 | +€224 | +0.8% |
| Other operating charges | 640/8 | €1,398 | €1,094 | -€305 | -21.8% |
| Gross operating margin | 9900 | €23,093 | -€15,054 | -€38,147 | |
| Operating profit (loss) | 9901 | -€5,271 | -€43,336 | -€38,065 | -722% |
| Financial income | 75/76B | €365 | €2 | -€363 | -99.4% |
| Recurring financial income | 75 | €365 | €2 | -€363 | -99.4% |
| Financial charges | 65/66B | €4,037 | €2,264 | -€1,773 | -43.9% |
| Recurring financial charges | 65 | €4,037 | €2,264 | -€1,773 | -43.9% |
| Profit (loss) for the period before taxes | 9903 | -€8,943 | -€45,599 | -€36,655 | -410% |
| Income taxes | 67/77 | €201 | €189 | -€12 | -6.1% |
| Profit (loss) for the period | 9904 | -€9,145 | -€45,788 | -€36,643 | -401% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,145 | -€45,788 | -€36,643 | -401% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.