Hands On Projects: 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.
Hands On Projects
Largest movements
- Cash -€83,878
down €83,878 (-95.9%), from €87,475 to €3,597
mainly Tax, wage and social debts (-€39,824) and Net result for the year (-€17,551)
- Tax, wage and social debts -€39,824
down €39,824 (-61.2%), from €65,111 to €25,287
- Profit (loss) carried forward -€17,551
down €17,551 (-477%), from -€3,682 to -€21,233
- Debts after one year -€15,000
no longer reported in 2025 (was €15,000)
- Other debts -€14,456
down €14,456 (-29.1%), from €49,719 to €35,263
- Gross operating margin -€294,135
down €294,135, from €278,290 to -€15,845
- Taxes -€68,194
no longer reported in 2025 (was €68,194)
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.
Derived cash bridge
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 | €434,287 | €349,380 | -€84,907 | -19.6% |
| Fixed assets | 21/28 | €951 | €300 | -€651 | -68.5% |
| Tangible fixed assets | 22/27 | €951 | €300 | -€651 | -68.5% |
| Furniture and vehicles | 24 | €951 | €300 | -€651 | -68.5% |
| Current assets | 29/58 | €433,336 | €349,080 | -€84,256 | -19.4% |
| Amounts receivable within one year | 40/41 | €861 | €483 | -€378 | -43.9% |
| Other amounts receivable | 41 | €861 | €483 | -€378 | -43.9% |
| Current investments | 50/53 | €345,000 | €345,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €87,475 | €3,597 | -€83,878 | -95.9% |
| Total equity and liabilities | 10/49 | €434,287 | €349,380 | -€84,907 | -19.6% |
| Equity | 10/15 | €298,975 | €281,424 | -€17,551 | -5.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €296,457 | €296,457 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,480 | €2,480 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,480 | €2,480 | = | 0.0% |
| Distributable reserves | 133 | €293,977 | €293,977 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,682 | -€21,233 | -€17,551 | -477% |
| Amounts payable | 17/49 | €135,312 | €67,956 | -€67,356 | -49.8% |
| Amounts payable after more than one year | 17 | €15,000 | - | -€15,000 | |
| Other amounts payable | 178/9 | €15,000 | - | -€15,000 | |
| Amounts payable within one year | 42/48 | €120,312 | €67,956 | -€52,356 | -43.5% |
| Current portion of amounts payable after more than one year | 42 | €2,003 | - | -€2,003 | |
| Trade debts | 44 | €3,479 | €7,406 | +€3,927 | +113% |
| Suppliers | 440/4 | €3,479 | €7,406 | +€3,927 | +113% |
| Taxes, remuneration and social security | 45 | €65,111 | €25,287 | -€39,824 | -61.2% |
| Taxes | 450/3 | €65,111 | €25,287 | -€39,824 | -61.2% |
| Other amounts payable | 47/48 | €49,719 | €35,263 | -€14,456 | -29.1% |
| Non-recurring operating income | 76A | €298,598 | - | -€298,598 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10 | €651 | +€641 | +6,410% |
| Other operating charges | 640/8 | €1,806 | €738 | -€1,068 | -59.1% |
| Gross operating margin | 9900 | €278,290 | -€15,845 | -€294,135 | |
| Operating profit (loss) | 9901 | €276,474 | -€17,234 | -€293,708 | |
| Financial charges | 65/66B | €1,406 | €317 | -€1,089 | -77.5% |
| Recurring financial charges | 65 | €1,406 | €317 | -€1,089 | -77.5% |
| Profit (loss) for the period before taxes | 9903 | €275,068 | -€17,551 | -€292,619 | |
| Income taxes | 67/77 | €68,194 | - | -€68,194 | |
| Profit (loss) for the period | 9904 | €206,874 | -€17,551 | -€224,425 | |
| Profit (loss) for the period to be appropriated | 9905 | €206,874 | -€17,551 | -€224,425 |
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 14 October 2026 via checked.be.