Handressed: what changed
Handressed
Largest movements
- Cash +€14,907
up €14,907 (+17.2%), from €86,859 to €101,766
mainly Net result for the year (+€53,450) and Tax, wage and social debts (+€20,465)
- Tangible fixed assets +€11,279
up €11,279 (+548%), from €2,058 to €13,337
of which Furniture and vehicles: +€11,566
- Stocks and contracts +€5,852
up €5,852 (+12.5%), from €46,901 to €52,753
- Reserves +€53,450
up €53,450 (+168%), from €31,739 to €85,189
- Other debts -€37,195
down €37,195 (-51.1%), from €72,758 to €35,563
- Tax, wage and social debts +€20,465
up €20,465 (+168%), from €12,189 to €32,653
- Trade debts -€5,868
down €5,868 (-35.6%), from €16,503 to €10,635
- Gross operating margin +€29,394
up €29,394 (+71.7%), from €40,973 to €70,367
- Taxes +€5,082
up €5,082 (+57.9%), from €8,770 to €13,852
- Financial charges +€3,065
up €3,065 (+2,036%), from €151 to €3,215
- Depreciation +€902
up €902 (+38.2%), from €2,358 to €3,260
- Financial income +€881
up €881 (+31.0%), from €2,841 to €3,721
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €138,189 | €169,040 | +€30,851 | +22.3% |
| Fixed assets | 21/28 | €4,428 | €14,520 | +€10,092 | +228% |
| Intangible fixed assets | 21 | €2,371 | €1,184 | -€1,187 | -50.1% |
| Tangible fixed assets | 22/27 | €2,058 | €13,337 | +€11,279 | +548% |
| Plant, machinery and equipment | 23 | €1,164 | €877 | -€287 | -24.6% |
| Furniture and vehicles | 24 | €894 | €12,459 | +€11,566 | +1,294% |
| Current assets | 29/58 | €133,760 | €154,519 | +€20,759 | +15.5% |
| Stocks and contracts in progress | 3 | €46,901 | €52,753 | +€5,852 | +12.5% |
| Stocks | 30/36 | €46,901 | €52,753 | +€5,852 | +12.5% |
| Cash at bank and in hand | 54/58 | €86,859 | €101,766 | +€14,907 | +17.2% |
| Total equity and liabilities | 10/49 | €138,189 | €169,040 | +€30,851 | +22.3% |
| Equity | 10/15 | €36,739 | €90,189 | +€53,450 | +145% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €31,739 | €85,189 | +€53,450 | +168% |
| Distributable reserves | 133 | €31,739 | €85,189 | +€53,450 | +168% |
| Amounts payable | 17/49 | €101,450 | €78,851 | -€22,599 | -22.3% |
| Amounts payable within one year | 42/48 | €101,450 | €78,851 | -€22,599 | -22.3% |
| Trade debts | 44 | €16,503 | €10,635 | -€5,868 | -35.6% |
| Suppliers | 440/4 | €16,503 | €10,635 | -€5,868 | -35.6% |
| Taxes, remuneration and social security | 45 | €12,189 | €32,653 | +€20,465 | +168% |
| Taxes | 450/3 | €12,189 | €32,653 | +€20,465 | +168% |
| Other amounts payable | 47/48 | €72,758 | €35,563 | -€37,195 | -51.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,358 | €3,260 | +€902 | +38.2% |
| Other operating charges | 640/8 | €796 | €311 | -€485 | -61.0% |
| Gross operating margin | 9900 | €40,973 | €70,367 | +€29,394 | +71.7% |
| Operating profit (loss) | 9901 | €37,819 | €66,796 | +€28,977 | +76.6% |
| Financial income | 75/76B | €2,841 | €3,721 | +€881 | +31.0% |
| Recurring financial income | 75 | €2,841 | €3,721 | +€881 | +31.0% |
| Financial charges | 65/66B | €151 | €3,215 | +€3,065 | +2,036% |
| Recurring financial charges | 65 | €151 | €3,215 | +€3,065 | +2,036% |
| Profit (loss) for the period before taxes | 9903 | €40,509 | €67,302 | +€26,793 | +66.1% |
| Income taxes | 67/77 | €8,770 | €13,852 | +€5,082 | +57.9% |
| Profit (loss) for the period | 9904 | €31,739 | €53,450 | +€21,711 | +68.4% |
| Profit (loss) for the period to be appropriated | 9905 | €31,739 | €53,450 | +€21,711 | +68.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.