HANEWEE - HOF: 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.
HANEWEE - HOF
Largest movements
- Tangible fixed assets +€225,531
up €225,531 (+155%), from €145,184 to €370,715
of which Plant, machinery and equipment: +€127,311
- Stocks and contracts -€186,750
down €186,750 (-69.9%), from €267,210 to €80,460
- Receivables within one year -€16,597
down €16,597 (-74.7%), from €22,223 to €5,625
of which Trade receivables: -€15,000
- Debts after one year +€42,015
up €42,015 (+15.9%), from €264,485 to €306,500
of which Financial debts: +€298,515
- Reserves -€27,738
down €27,738 (-24.9%), from €111,498 to €83,760
of which Distributable reserves: -€22,290
- Other debts +€9,884
up €9,884 (+592%), from €1,668 to €11,552
- Gross operating margin -€32,688
down €32,688 (-72.4%), from €45,144 to €12,456
- Staff costs -€17,240
down €17,240 (-66.5%), from €25,922 to €8,682
- Depreciation +€2,420
up €2,420 (+8.9%), from €27,299 to €29,719
- Other operating charges -€654
down €654 (-21.5%), from €3,042 to €2,387
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €462,579 | €483,698 | +€21,120 | +4.6% |
| Fixed assets | 21/28 | €145,369 | €370,900 | +€225,531 | +155% |
| Tangible fixed assets | 22/27 | €145,184 | €370,715 | +€225,531 | +155% |
| Land and buildings | 22 | €83,028 | €69,742 | -€13,286 | -16.0% |
| Plant, machinery and equipment | 23 | €38,649 | €165,960 | +€127,311 | +329% |
| Furniture and vehicles | 24 | €439 | €339 | -€100 | -22.8% |
| Leasing and similar rights | 25 | €23,067 | €14,673 | -€8,394 | -36.4% |
| Assets under construction and advance payments | 27 | - | €120,000 | +€120,000 | |
| Financial fixed assets | 28 | €185 | €185 | = | 0.0% |
| Current assets | 29/58 | €317,210 | €112,798 | -€204,411 | -64.4% |
| Stocks and contracts in progress | 3 | €267,210 | €80,460 | -€186,750 | -69.9% |
| Stocks | 30/36 | €267,210 | €80,460 | -€186,750 | -69.9% |
| Amounts receivable within one year | 40/41 | €22,223 | €5,625 | -€16,597 | -74.7% |
| Trade receivables | 40 | €17,375 | €2,375 | -€15,000 | -86.3% |
| Other amounts receivable | 41 | €4,848 | €3,250 | -€1,597 | -33.0% |
| Cash at bank and in hand | 54/58 | €10,888 | €13,366 | +€2,477 | +22.8% |
| Deferred charges and accrued income | 490/1 | €16,889 | €13,348 | -€3,541 | -21.0% |
| Total equity and liabilities | 10/49 | €462,579 | €483,698 | +€21,120 | +4.6% |
| Equity | 10/15 | €173,898 | €146,160 | -€27,738 | -16.0% |
| Contributions | 10/11 | €62,400 | €62,400 | = | 0.0% |
| Reserves | 13 | €111,498 | €83,760 | -€27,738 | -24.9% |
| Non-distributable reserves | 130/1 | €6,240 | €6,240 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,240 | €6,240 | = | 0.0% |
| Tax-exempt reserves | 132 | €27,244 | €21,796 | -€5,448 | -20.0% |
| Distributable reserves | 133 | €78,014 | €55,724 | -€22,290 | -28.6% |
| Provisions and deferred taxes | 16 | €5,904 | €4,542 | -€1,362 | -23.1% |
| Deferred taxes | 168 | €5,904 | €4,542 | -€1,362 | -23.1% |
| Amounts payable | 17/49 | €282,777 | €332,997 | +€50,220 | +17.8% |
| Amounts payable after more than one year | 17 | €264,485 | €306,500 | +€42,015 | +15.9% |
| Financial debts | 170/4 | €7,985 | €306,500 | +€298,515 | +3,739% |
| Other amounts payable | 178/9 | €256,500 | - | -€256,500 | |
| Amounts payable within one year | 42/48 | €18,292 | €26,497 | +€8,205 | +44.9% |
| Current portion of amounts payable after more than one year | 42 | €10,563 | €7,985 | -€2,578 | -24.4% |
| Trade debts | 44 | €1,536 | €5,148 | +€3,611 | +235% |
| Suppliers | 440/4 | €1,536 | €5,148 | +€3,611 | +235% |
| Advances received on contracts in progress | 46 | €908 | €983 | +€75 | +8.3% |
| Taxes, remuneration and social security | 45 | €3,617 | €830 | -€2,787 | -77.0% |
| Taxes | 450/3 | €3,617 | €243 | -€3,374 | -93.3% |
| Remuneration and social security | 454/9 | - | €587 | +€587 | |
| Other amounts payable | 47/48 | €1,668 | €11,552 | +€9,884 | +592% |
| Non-recurring operating income | 76A | €62,732 | - | -€62,732 | |
| Remuneration, social security and pensions | 62 | €25,922 | €8,682 | -€17,240 | -66.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,299 | €29,719 | +€2,420 | +8.9% |
| Other operating charges | 640/8 | €3,042 | €2,387 | -€654 | -21.5% |
| Gross operating margin | 9900 | €45,144 | €12,456 | -€32,688 | -72.4% |
| Operating profit (loss) | 9901 | -€11,117 | -€28,332 | -€17,214 | -155% |
| Financial income | 75/76B | €0 | €0 | -€0 | -50.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -50.0% |
| Financial charges | 65/66B | €628 | €529 | -€100 | -15.9% |
| Recurring financial charges | 65 | €628 | €529 | -€100 | -15.9% |
| Profit (loss) for the period before taxes | 9903 | -€11,746 | -€28,860 | -€17,115 | -146% |
| Transfer from deferred taxes | 780 | €570 | €1,362 | +€792 | +139% |
| Income taxes | 67/77 | - | €240 | +€240 | |
| Profit (loss) for the period | 9904 | -€11,176 | -€27,738 | -€16,563 | -148% |
| Transfer from tax-exempt reserves | 789 | €2,281 | €5,448 | +€3,168 | +139% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,895 | -€22,290 | -€13,395 | -151% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.