HANEKAA: 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.
HANEKAA
Largest movements
- Cash -€23,209
down €23,209 (-59.1%), from €39,241 to €16,031
mainly Contributions, distributions and other (-€66,000) and Other debts (-€36,207)
- Tangible fixed assets -€9,300
down €9,300 (-21.5%), from €43,350 to €34,050
of which Furniture and vehicles: -€8,747
- Receivables within one year -€4,908
down €4,908 (-15.3%), from €32,094 to €27,186
- Other debts -€36,207
down €36,207 (-78.4%), from €46,207 to €10,000
- Debts after one year -€1,746
down €1,746 (-7.4%), from €23,723 to €21,977
of which Financial debts: -€12,723
- Gross operating margin +€20,350
up €20,350 (+27.6%), from €73,694 to €94,044
- Depreciation +€5,547
up €5,547 (+148%), from €3,753 to €9,300
- Taxes +€2,497
up €2,497 (+17.2%), from €14,542 to €17,039
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 | €114,684 | €77,267 | -€37,418 | -32.6% |
| Fixed assets | 21/28 | €43,350 | €34,050 | -€9,300 | -21.5% |
| Tangible fixed assets | 22/27 | €43,350 | €34,050 | -€9,300 | -21.5% |
| Plant, machinery and equipment | 23 | €2,750 | €2,197 | -€553 | -20.1% |
| Furniture and vehicles | 24 | €40,600 | €31,853 | -€8,747 | -21.5% |
| Current assets | 29/58 | €71,335 | €43,217 | -€28,118 | -39.4% |
| Amounts receivable within one year | 40/41 | €32,094 | €27,186 | -€4,908 | -15.3% |
| Trade receivables | 40 | €32,094 | €27,186 | -€4,908 | -15.3% |
| Cash at bank and in hand | 54/58 | €39,241 | €16,031 | -€23,209 | -59.1% |
| Total equity and liabilities | 10/49 | €114,684 | €77,267 | -€37,418 | -32.6% |
| Equity | 10/15 | €18,600 | €18,600 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Amounts payable | 17/49 | €96,084 | €58,667 | -€37,418 | -38.9% |
| Amounts payable after more than one year | 17 | €23,723 | €21,977 | -€1,746 | -7.4% |
| Financial debts | 170/4 | €23,643 | €10,921 | -€12,723 | -53.8% |
| Other amounts payable | 178/9 | €80 | €11,056 | +€10,976 | +13,743% |
| Amounts payable within one year | 42/48 | €72,257 | €36,689 | -€35,568 | -49.2% |
| Current portion of amounts payable after more than one year | 42 | €12,285 | €12,723 | +€437 | +3.6% |
| Trade debts | 44 | €54 | €867 | +€814 | +1,516% |
| Suppliers | 440/4 | €54 | €867 | +€814 | +1,516% |
| Taxes, remuneration and social security | 45 | €13,711 | €13,100 | -€612 | -4.5% |
| Taxes | 450/3 | €12,911 | €12,300 | -€612 | -4.7% |
| Remuneration and social security | 454/9 | €800 | €800 | = | 0.0% |
| Other amounts payable | 47/48 | €46,207 | €10,000 | -€36,207 | -78.4% |
| Accrued charges and deferred income | 492/3 | €104 | - | -€104 | |
| Non-recurring operating income | 76A | €9,429 | - | -€9,429 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,753 | €9,300 | +€5,547 | +148% |
| Other operating charges | 640/8 | €688 | €577 | -€111 | -16.1% |
| Gross operating margin | 9900 | €73,694 | €94,044 | +€20,350 | +27.6% |
| Operating profit (loss) | 9901 | €69,253 | €84,166 | +€14,913 | +21.5% |
| Financial income | 75/76B | €99 | €82 | -€17 | -17.3% |
| Recurring financial income | 75 | €99 | €82 | -€17 | -17.3% |
| Financial charges | 65/66B | €449 | €1,209 | +€760 | +169% |
| Recurring financial charges | 65 | €449 | €1,209 | +€760 | +169% |
| Profit (loss) for the period before taxes | 9903 | €68,903 | €83,039 | +€14,136 | +20.5% |
| Income taxes | 67/77 | €14,542 | €17,039 | +€2,497 | +17.2% |
| Profit (loss) for the period | 9904 | €54,361 | €66,000 | +€11,639 | +21.4% |
| Profit (loss) for the period to be appropriated | 9905 | €54,361 | €66,000 | +€11,639 | +21.4% |
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 13 October 2026 via checked.be.