Hangar 220: 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.
Hangar 220
Largest movements
- Cash -€63,529
down €63,529 (-41.8%), from €151,865 to €88,336
mainly Trade debts (-€88,096) and Advances received (-€46,971)
- Receivables within one year -€38,003
down €38,003 (-27.0%), from €140,833 to €102,830
of which Trade receivables: -€49,195
- Deferred charges and accrued income -€23,574
down €23,574 (-27.0%), from €87,177 to €63,603
- Trade debts -€88,096
down €88,096 (-66.7%), from €132,077 to €43,981
- Advances received -€46,971
down €46,971 (-100%), from €46,971 to €0
- Tax, wage and social debts +€20,170
up €20,170 (+37.0%), from €54,564 to €74,734
of which Taxes: +€10,562
- Current portion of long-term debt -€18,009
down €18,009 (-100%), from €18,009 to €0
- Other debts +€5,796
up €5,796 (+10.7%), from €54,300 to €60,096
- Gross operating margin -€48,400
down €48,400 (-11.2%), from €432,489 to €384,089
- Staff costs +€37,632
up €37,632 (+13.2%), from €284,223 to €321,855
- Financial charges +€22,930
up €22,930 (+67.0%), from €34,232 to €57,163
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 | €406,121 | €279,321 | -€126,800 | -31.2% |
| Fixed assets | 21/28 | €17,070 | €15,650 | -€1,420 | -8.3% |
| Tangible fixed assets | 22/27 | €17,070 | €15,650 | -€1,420 | -8.3% |
| Plant, machinery and equipment | 23 | €2,772 | €4,947 | +€2,175 | +78.5% |
| Furniture and vehicles | 24 | €12,470 | €9,345 | -€3,126 | -25.1% |
| Other tangible fixed assets | 26 | €1,828 | €1,358 | -€469 | -25.7% |
| Current assets | 29/58 | €389,051 | €263,671 | -€125,380 | -32.2% |
| Stocks and contracts in progress | 3 | €9,176 | €8,903 | -€273 | -3.0% |
| Stocks | 30/36 | €9,176 | €8,903 | -€273 | -3.0% |
| Amounts receivable within one year | 40/41 | €140,833 | €102,830 | -€38,003 | -27.0% |
| Trade receivables | 40 | €133,057 | €83,862 | -€49,195 | -37.0% |
| Other amounts receivable | 41 | €7,776 | €18,968 | +€11,192 | +144% |
| Cash at bank and in hand | 54/58 | €151,865 | €88,336 | -€63,529 | -41.8% |
| Deferred charges and accrued income | 490/1 | €87,177 | €63,603 | -€23,574 | -27.0% |
| Total equity and liabilities | 10/49 | €406,121 | €279,321 | -€126,800 | -31.2% |
| Equity | 10/15 | €100,200 | €100,510 | +€310 | +0.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €81,608 | €81,608 | = | 0.0% |
| Distributable reserves | 133 | €81,608 | €81,608 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €310 | +€310 | |
| Amounts payable | 17/49 | €305,921 | €178,812 | -€127,110 | -41.5% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €305,921 | €178,812 | -€127,110 | -41.5% |
| Current portion of amounts payable after more than one year | 42 | €18,009 | €0 | -€18,009 | -100% |
| Trade debts | 44 | €132,077 | €43,981 | -€88,096 | -66.7% |
| Suppliers | 440/4 | €132,077 | €43,981 | -€88,096 | -66.7% |
| Advances received on contracts in progress | 46 | €46,971 | €0 | -€46,971 | -100% |
| Taxes, remuneration and social security | 45 | €54,564 | €74,734 | +€20,170 | +37.0% |
| Taxes | 450/3 | €24,701 | €35,263 | +€10,562 | +42.8% |
| Remuneration and social security | 454/9 | €29,863 | €39,472 | +€9,609 | +32.2% |
| Other amounts payable | 47/48 | €54,300 | €60,096 | +€5,796 | +10.7% |
| Remuneration, social security and pensions | 62 | €284,223 | €321,855 | +€37,632 | +13.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,519 | €4,533 | +€1,014 | +28.8% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Non-recurring operating charges | 66A | €120 | €0 | -€120 | -100% |
| Gross operating margin | 9900 | €432,489 | €384,089 | -€48,400 | -11.2% |
| Operating profit (loss) | 9901 | €144,121 | €57,181 | -€86,940 | -60.3% |
| Financial income | 75/76B | €1 | €291 | +€291 | +55,917% |
| Recurring financial income | 75 | €1 | €291 | +€291 | +55,917% |
| Financial charges | 65/66B | €34,232 | €57,163 | +€22,930 | +67.0% |
| Recurring financial charges | 65 | €34,232 | €57,163 | +€22,930 | +67.0% |
| Profit (loss) for the period before taxes | 9903 | €109,889 | €310 | -€109,580 | -99.7% |
| Income taxes | 67/77 | €2,737 | €0 | -€2,737 | -100% |
| Profit (loss) for the period | 9904 | €107,153 | €310 | -€106,843 | -99.7% |
| Profit (loss) for the period to be appropriated | 9905 | €107,153 | €310 | -€106,843 | -99.7% |
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 23 October 2026 via checked.be.