Hands Residence: 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.
What changed
Hands Residence
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€26,149
2024 · €18,282+€7,867
Equity
€474,701
2024 · €448,553+€26,149
Cash
€15,123
2024 · €8,033+€7,090
Balance sheet total
€2.2m
2024 · €2.3m-€68,435
Largest movements
Assets
- Tangible fixed assets -€76,505
down €76,505 (-3.4%), from €2.2m to €2.2m
of which Land and buildings: -€54,262
Equity and liabilities
- Debts after one year -€101,675
down €101,675 (-7.0%), from €1.5m to €1.4m
- Reserves +€26,149
up €26,149 (+6.1%), from €428,553 to €454,701
Income statement
- Gross operating margin +€11,153
up €11,153 (+7.5%), from €149,357 to €160,509
- Taxes +€3,322
up €3,322 (+34.2%), from €9,721 to €13,044
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.
Result 2024
€18,282
Gross operating margin
+€11,153
Other operating charges
-€349
Financial income
+€2
Financial charges
+€383
Taxes
-€3,322
Result 2025
€26,149
raises the resultlowers the result
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.
From operations
+€106,916
Investment
€0
Financing
-€99,826
Cash 2024
€8,033
From operations (derived)
+€106,916
Net result for the year
+€26,149
Depreciation
+€76,505
Receivables within one year
-€3,358
Deferred charges and accrued income
+€2,378
Trade debts
+€6,395
Tax, wage and social debts
-€12,544
Other debts
+€12,246
Accrued charges and deferred income
-€854
Financing
-€99,826
Debts after one year
-€101,675
Current portion of long-term debt
+€1,849
Cash 2025
€15,123
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,280,097 | €2,211,662 | -€68,435 | -3.0% |
| Fixed assets | 21/28 | €2,239,181 | €2,162,677 | -€76,505 | -3.4% |
| Tangible fixed assets | 22/27 | €2,239,181 | €2,162,677 | -€76,505 | -3.4% |
| Land and buildings | 22 | €2,127,348 | €2,073,086 | -€54,262 | -2.6% |
| Furniture and vehicles | 24 | €110,333 | €88,091 | -€22,243 | -20.2% |
| Other tangible fixed assets | 26 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €40,915 | €48,986 | +€8,070 | +19.7% |
| Amounts receivable within one year | 40/41 | €27,963 | €31,321 | +€3,358 | +12.0% |
| Trade receivables | 40 | €27,963 | €31,321 | +€3,358 | +12.0% |
| Cash at bank and in hand | 54/58 | €8,033 | €15,123 | +€7,090 | +88.3% |
| Deferred charges and accrued income | 490/1 | €4,920 | €2,542 | -€2,378 | -48.3% |
| Total equity and liabilities | 10/49 | €2,280,097 | €2,211,662 | -€68,435 | -3.0% |
| Equity | 10/15 | €448,553 | €474,701 | +€26,149 | +5.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €428,553 | €454,701 | +€26,149 | +6.1% |
| Distributable reserves | 133 | €428,553 | €454,701 | +€26,149 | +6.1% |
| Amounts payable | 17/49 | €1,831,544 | €1,736,961 | -€94,583 | -5.2% |
| Amounts payable after more than one year | 17 | €1,457,790 | €1,356,115 | -€101,675 | -7.0% |
| Financial debts | 170/4 | €1,457,790 | €1,356,115 | -€101,675 | -7.0% |
| Amounts payable within one year | 42/48 | €370,930 | €378,876 | +€7,946 | +2.1% |
| Current portion of amounts payable after more than one year | 42 | €99,826 | €101,675 | +€1,849 | +1.9% |
| Trade debts | 44 | €18,823 | €25,218 | +€6,395 | +34.0% |
| Suppliers | 440/4 | €18,823 | €25,218 | +€6,395 | +34.0% |
| Taxes, remuneration and social security | 45 | €25,426 | €12,882 | -€12,544 | -49.3% |
| Taxes | 450/3 | €25,426 | €12,882 | -€12,544 | -49.3% |
| Other amounts payable | 47/48 | €226,856 | €239,102 | +€12,246 | +5.4% |
| Accrued charges and deferred income | 492/3 | €2,824 | €1,970 | -€854 | -30.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,505 | €76,505 | = | 0.0% |
| Other operating charges | 640/8 | €14,899 | €15,249 | +€349 | +2.3% |
| Gross operating margin | 9900 | €149,357 | €160,509 | +€11,153 | +7.5% |
| Operating profit (loss) | 9901 | €57,952 | €68,756 | +€10,803 | +18.6% |
| Financial income | 75/76B | €0 | €3 | +€2 | +996% |
| Recurring financial income | 75 | €0 | €3 | +€2 | +996% |
| Financial charges | 65/66B | €29,949 | €29,566 | -€383 | -1.3% |
| Recurring financial charges | 65 | €29,949 | €29,566 | -€383 | -1.3% |
| Profit (loss) for the period before taxes | 9903 | €28,003 | €39,192 | +€11,189 | +40.0% |
| Income taxes | 67/77 | €9,721 | €13,044 | +€3,322 | +34.2% |
| Profit (loss) for the period | 9904 | €18,282 | €26,149 | +€7,867 | +43.0% |
| Profit (loss) for the period to be appropriated | 9905 | €18,282 | €26,149 | +€7,867 | +43.0% |
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 15 October 2026 via checked.be.