HANDRIEU YANNICK: what changed
What changed
HANDRIEU YANNICK
NACE 43.211, General electrical installation work
filed annual accounts (NBB)
Net result for the year
-€4,903
2024 · €19,327-€24,230
Equity
€79,027
2024 · €83,930-€4,903
Cash
€8,110
2024 · €14,380-€6,270
Balance sheet total
€112,700
2024 · €131,566-€18,866
Largest movements
Assets
- Tangible fixed assets -€14,400
down €14,400 (-32.9%), from €43,781 to €29,381
of which Furniture and vehicles: -€14,268
- Cash -€6,270
down €6,270 (-43.6%), from €14,380 to €8,110
mainly Debts after one year (-€12,737) and Net result for the year (-€4,903)
- Receivables within one year +€1,467
up €1,467 (+3.2%), from €45,863 to €47,330
of which Other amounts receivable: +€3,575
Equity and liabilities
- Debts after one year -€12,737
down €12,737 (-48.4%), from €26,315 to €13,578
- Profit (loss) carried forward -€4,903
down €4,903 (-7.2%), from €68,324 to €63,421
- Trade debts -€1,565
down €1,565 (-77.7%), from €2,014 to €449
Income statement
- Staff costs +€18,052
up €18,052 (+33.7%), from €53,570 to €71,622
- Gross operating margin -€10,100
down €10,100 (-10.8%), from €93,659 to €83,560
- Taxes -€5,657
down €5,657 (-95.9%), from €5,900 to €243
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.
Result 2024
€19,327
Gross operating margin
-€10,100
Staff costs
-€18,052
Depreciation
-€69
Other operating charges
-€46
Financial income
-€868
Financial charges
-€752
Taxes
+€5,657
Result 2025
-€4,903
raises the resultlowers the result
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.
From operations
+€5,683
Investment
-€13
Financing
-€11,941
Cash 2024
€14,380
From operations (derived)
+€5,683
Net result for the year
-€4,903
Depreciation
+€14,400
Stocks and contracts
+€263
Receivables within one year
-€1,467
Deferred charges and accrued income
-€587
Trade debts
-€1,565
Tax, wage and social debts
-€458
Investment (derived)
-€13
Investment in fixed assets (net)
-€13
Financing
-€11,941
Debts after one year
-€12,737
Current portion of long-term debt
+€796
Cash 2025
€8,110
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €131,566 | €112,700 | -€18,866 | -14.3% |
| Fixed assets | 21/28 | €44,046 | €29,658 | -€14,388 | -32.7% |
| Tangible fixed assets | 22/27 | €43,781 | €29,381 | -€14,400 | -32.9% |
| Plant, machinery and equipment | 23 | €265 | €133 | -€133 | -50.0% |
| Furniture and vehicles | 24 | €43,516 | €29,248 | -€14,268 | -32.8% |
| Financial fixed assets | 28 | €265 | €278 | +€13 | +4.7% |
| Current assets | 29/58 | €87,520 | €83,042 | -€4,479 | -5.1% |
| Stocks and contracts in progress | 3 | €24,724 | €24,461 | -€263 | -1.1% |
| Stocks | 30/36 | €24,724 | €24,461 | -€263 | -1.1% |
| Amounts receivable within one year | 40/41 | €45,863 | €47,330 | +€1,467 | +3.2% |
| Trade receivables | 40 | €41,406 | €39,298 | -€2,108 | -5.1% |
| Other amounts receivable | 41 | €4,457 | €8,032 | +€3,575 | +80.2% |
| Cash at bank and in hand | 54/58 | €14,380 | €8,110 | -€6,270 | -43.6% |
| Deferred charges and accrued income | 490/1 | €2,553 | €3,140 | +€587 | +23.0% |
| Total equity and liabilities | 10/49 | €131,566 | €112,700 | -€18,866 | -14.3% |
| Equity | 10/15 | €83,930 | €79,027 | -€4,903 | -5.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €9,406 | €9,406 | = | 0.0% |
| Distributable reserves | 133 | €9,406 | €9,406 | = | 0.0% |
| Profit (loss) carried forward | 14 | €68,324 | €63,421 | -€4,903 | -7.2% |
| Amounts payable | 17/49 | €47,636 | €33,673 | -€13,963 | -29.3% |
| Amounts payable after more than one year | 17 | €26,315 | €13,578 | -€12,737 | -48.4% |
| Financial debts | 170/4 | €26,315 | €13,578 | -€12,737 | -48.4% |
| Amounts payable within one year | 42/48 | €21,089 | €19,863 | -€1,226 | -5.8% |
| Current portion of amounts payable after more than one year | 42 | €11,707 | €12,504 | +€796 | +6.8% |
| Trade debts | 44 | €2,014 | €449 | -€1,565 | -77.7% |
| Suppliers | 440/4 | €2,014 | €449 | -€1,565 | -77.7% |
| Taxes, remuneration and social security | 45 | €7,368 | €6,910 | -€458 | -6.2% |
| Taxes | 450/3 | €3,480 | - | -€3,480 | |
| Remuneration and social security | 454/9 | €3,888 | €6,910 | +€3,022 | +77.7% |
| Accrued charges and deferred income | 492/3 | €232 | €232 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €53,570 | €71,622 | +€18,052 | +33.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,331 | €14,400 | +€69 | +0.5% |
| Other operating charges | 640/8 | €472 | €517 | +€46 | +9.7% |
| Gross operating margin | 9900 | €93,659 | €83,560 | -€10,100 | -10.8% |
| Operating profit (loss) | 9901 | €25,287 | -€2,980 | -€28,267 | |
| Financial income | 75/76B | €1,226 | €358 | -€868 | -70.8% |
| Recurring financial income | 75 | €976 | €10 | -€966 | -99.0% |
| Non-recurring financial income | 76B | €250 | €348 | +€98 | +39.2% |
| Financial charges | 65/66B | €1,286 | €2,038 | +€752 | +58.5% |
| Recurring financial charges | 65 | €1,286 | €2,038 | +€752 | +58.5% |
| Profit (loss) for the period before taxes | 9903 | €25,227 | -€4,660 | -€29,887 | |
| Income taxes | 67/77 | €5,900 | €243 | -€5,657 | -95.9% |
| Profit (loss) for the period | 9904 | €19,327 | -€4,903 | -€24,230 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,327 | -€4,903 | -€24,230 |
Next steps
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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 1 November 2026 via checked.be.