Handobez: 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.
Handobez
Largest movements
- Cash -€15,107
down €15,107 (-28.8%), from €52,501 to €37,394
mainly Investment in fixed assets (net) (-€37,686) and Debts after one year (-€20,143)
- Tangible fixed assets +€11,886
up €11,886 (+3.4%), from €352,961 to €364,847
of which Furniture and vehicles: +€16,575
- Receivables within one year +€6,510
new in 2025: €6,510
- Trade debts +€25,742
up €25,742 (+216.6%), from €11,883 to €37,625
- Debts after one year -€20,143
down €20,143 (-7.4%), from €270,398 to €250,255
- Tax, wage and social debts -€4,965
down €4,965 (-35.5%), from €13,992 to €9,027
of which Taxes: -€6,074
- Staff costs +€47,543
up €47,543 (+80.4%), from €59,098 to €106,640
- Other operating charges -€25,168
down €25,168 (-76.7%), from €32,827 to €7,659
- Taxes -€17,796
no longer reported in 2025 (was €17,796)
- Gross operating margin +€13,783
up €13,783 (+9.5%), from €144,552 to €158,335
- Financial charges +€9,441
up €9,441 (+202.9%), from €4,653 to €14,093
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 | €419,190 | €423,165 | +€3,975 | +0.9% |
| Fixed assets | 21/28 | €352,961 | €364,847 | +€11,886 | +3.4% |
| Tangible fixed assets | 22/27 | €352,961 | €364,847 | +€11,886 | +3.4% |
| Land and buildings | 22 | €348,250 | €337,500 | -€10,750 | -3.1% |
| Plant, machinery and equipment | 23 | €4,711 | €10,772 | +€6,061 | +128.6% |
| Furniture and vehicles | 24 | - | €16,575 | +€16,575 | |
| Current assets | 29/58 | €66,228 | €58,318 | -€7,911 | -11.9% |
| Stocks and contracts in progress | 3 | €13,727 | €14,414 | +€687 | +5.0% |
| Stocks | 30/36 | €13,727 | €14,414 | +€687 | +5.0% |
| Amounts receivable within one year | 40/41 | - | €6,510 | +€6,510 | |
| Other amounts receivable | 41 | - | €6,510 | +€6,510 | |
| Cash at bank and in hand | 54/58 | €52,501 | €37,394 | -€15,107 | -28.8% |
| Total equity and liabilities | 10/49 | €419,190 | €423,165 | +€3,975 | +0.9% |
| Equity | 10/15 | €101,048 | €105,198 | +€4,150 | +4.1% |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Capital | 10 | €6,300 | €6,300 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,300 | €12,300 | = | 0.0% |
| Reserves | 13 | €94,748 | €98,898 | +€4,150 | +4.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €92,888 | €97,038 | +€4,150 | +4.5% |
| Amounts payable | 17/49 | €318,142 | €317,967 | -€175 | -0.1% |
| Amounts payable after more than one year | 17 | €270,398 | €250,255 | -€20,143 | -7.4% |
| Financial debts | 170/4 | €270,398 | €250,255 | -€20,143 | -7.4% |
| Amounts payable within one year | 42/48 | €47,744 | €67,712 | +€19,969 | +41.8% |
| Current portion of amounts payable after more than one year | 42 | €18,870 | €21,061 | +€2,190 | +11.6% |
| Trade debts | 44 | €11,883 | €37,625 | +€25,742 | +216.6% |
| Suppliers | 440/4 | €11,883 | €37,625 | +€25,742 | +216.6% |
| Taxes, remuneration and social security | 45 | €13,992 | €9,027 | -€4,965 | -35.5% |
| Taxes | 450/3 | €6,074 | - | -€6,074 | |
| Remuneration and social security | 454/9 | €7,918 | €9,027 | +€1,109 | +14.0% |
| Other amounts payable | 47/48 | €2,998 | - | -€2,998 | |
| Non-recurring operating income | 76A | - | €4,310 | +€4,310 | |
| Remuneration, social security and pensions | 62 | €59,098 | €106,640 | +€47,543 | +80.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,223 | €25,800 | +€8,576 | +49.8% |
| Other operating charges | 640/8 | €32,827 | €7,659 | -€25,168 | -76.7% |
| Gross operating margin | 9900 | €144,552 | €158,335 | +€13,783 | +9.5% |
| Operating profit (loss) | 9901 | €35,405 | €18,236 | -€17,169 | -48.5% |
| Financial income | 75/76B | €1 | €8 | +€6 | +431.3% |
| Recurring financial income | 75 | €1 | €8 | +€6 | +431.3% |
| Financial charges | 65/66B | €4,653 | €14,093 | +€9,441 | +202.9% |
| Recurring financial charges | 65 | €4,653 | €14,093 | +€9,441 | +202.9% |
| Profit (loss) for the period before taxes | 9903 | €30,753 | €4,150 | -€26,603 | -86.5% |
| Income taxes | 67/77 | €17,796 | - | -€17,796 | |
| Profit (loss) for the period | 9904 | €12,957 | €4,150 | -€8,807 | -68.0% |
| Profit (loss) for the period to be appropriated | 9905 | €12,957 | €4,150 | -€8,807 | -68.0% |
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 9 October 2026 via checked.be.