HANGAR 86: 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
HANGAR 86
NACE 47.716, Retail sale of clothing and accessories for women, men, children and babies (general range)
financial year 2026 compared with 2025filed annual accounts (NBB)
Net result for the year
€1.4m
2025 · €1.3m+€30,939
Equity
€5.3m
2025 · €5.0m+€341,334
Cash
€2.5m
2025 · €4.2m-€1.7m
Balance sheet total
€7.7m
2025 · €8.2m-€504,636
Largest movements
Assets
- Cash -€1.7m
down €1.7m (-41.1%), from €4.2m to €2.5m
mainly Contributions, distributions and other (-€1.0m) and Other debts (-€932,959)
- Receivables after one year +€926,167
up €926,167 (+76.0%), from €1.2m to €2.1m
- Tangible fixed assets +€342,031
up €342,031 (+58.2%), from €587,186 to €929,217
- Receivables within one year -€130,216
down €130,216 (-46.8%), from €278,063 to €147,846
of which Other amounts receivable: -€150,125
- Stocks and contracts +€114,413
up €114,413 (+7.2%), from €1.6m to €1.7m
Equity and liabilities
- Other debts -€932,959
down €932,959 (-49.3%), from €1.9m to €959,860
- Reserves +€341,334
up €341,334 (+6.9%), from €4.9m to €5.3m
- Accrued charges and deferred income +€139,608
up €139,608 (+30.4%), from €459,221 to €598,829
- Trade debts -€122,316
down €122,316 (-41.1%), from €297,551 to €175,235
Income statement
- Turnover -€1.5m
down €1.5m (-7.3%), from €21.2m to €19.6m
- Goods and materials -€1.0m
down €1.0m (-7.8%), from €12.8m to €11.8m
of which Purchases: -€1.0m
- Services and other goods -€297,932
down €297,932 (-9.3%), from €3.2m to €2.9m
- Write-downs +€244,663
up €244,663, from -€212,675 to €31,988
From the 2025 result to the 2026 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 2025
€1.3m
Turnover
-€1.5m
Other operating income
-€18,001
Goods and materials
+€1.0m
Services and other goods
+€297,932
Staff costs
+€151,566
Depreciation
-€15,967
Write-downs
-€244,663
Other operating charges
-€24,233
Other operating items
+€373,832
Financial income
+€11,852
Financial charges
+€50,499
Taxes
-€9,472
Result 2026
€1.4m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
-€71,501
Investment
-€629,876
Financing
-€1.0m
Cash 2025
€4.2m
From operations (derived)
-€71,501
Net result for the year
+€1.4m
Depreciation
+€319,394
Receivables after one year
-€926,167
Stocks and contracts
-€114,413
Receivables within one year
+€130,216
Deferred charges and accrued income
-€12,800
Trade debts
-€122,316
Tax, wage and social debts
+€69,697
Other debts
-€932,959
Accrued charges and deferred income
+€139,608
Investment (derived)
-€629,876
Investment in fixed assets (net)
-€629,876
Financing
-€1.0m
Contributions, distributions and other
-€1.0m
Cash 2026
€2.5m
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,209,699 | €7,705,063 | -€504,636 | -6.1% |
| Fixed assets | 21/28 | €853,857 | €1,164,340 | +€310,483 | +36.4% |
| Intangible fixed assets | 21 | €219,677 | €141,029 | -€78,648 | -35.8% |
| Tangible fixed assets | 22/27 | €587,186 | €929,217 | +€342,031 | +58.2% |
| Plant, machinery and equipment | 23 | €25,547 | €16,560 | -€8,986 | -35.2% |
| Furniture and vehicles | 24 | €217,348 | €365,570 | +€148,223 | +68.2% |
| Other tangible fixed assets | 26 | €344,291 | €468,687 | +€124,395 | +36.1% |
| Assets under construction and advance payments | 27 | - | €78,399 | +€78,399 | |
| Financial fixed assets | 28 | €46,994 | €94,094 | +€47,100 | +100% |
| Other financial fixed assets | 284/8 | €46,994 | €94,094 | +€47,100 | +100% |
| Amounts receivable and cash guarantees | 285/8 | €46,994 | €94,094 | +€47,100 | +100% |
| Current assets | 29/58 | €7,355,841 | €6,540,723 | -€815,119 | -11.1% |
| Amounts receivable after more than one year | 29 | €1,218,000 | €2,144,167 | +€926,167 | +76.0% |
| Other amounts receivable | 291 | €1,218,000 | €2,144,167 | +€926,167 | +76.0% |
| Stocks and contracts in progress | 3 | €1,581,960 | €1,696,374 | +€114,413 | +7.2% |
| Stocks | 30/36 | €1,581,960 | €1,696,374 | +€114,413 | +7.2% |
| Goods purchased for resale | 34 | €1,581,960 | €1,696,374 | +€114,413 | +7.2% |
| Amounts receivable within one year | 40/41 | €278,063 | €147,846 | -€130,216 | -46.8% |
| Trade receivables | 40 | €94,001 | €113,910 | +€19,909 | +21.2% |
| Other amounts receivable | 41 | €184,061 | €33,936 | -€150,125 | -81.6% |
| Cash at bank and in hand | 54/58 | €4,234,465 | €2,496,182 | -€1.7m | -41.1% |
| Deferred charges and accrued income | 490/1 | €43,353 | €56,154 | +€12,800 | +29.5% |
| Total equity and liabilities | 10/49 | €8,209,699 | €7,705,063 | -€504,636 | -6.1% |
| Equity | 10/15 | €4,956,078 | €5,297,412 | +€341,334 | +6.9% |
| Contributions | 10/11 | €38,600 | €38,600 | = | 0.0% |
| Reserves | 13 | €4,917,478 | €5,258,812 | +€341,334 | +6.9% |
| Distributable reserves | 133 | €4,917,478 | €5,258,812 | +€341,334 | +6.9% |
| Amounts payable | 17/49 | €3,253,621 | €2,407,651 | -€845,970 | -26.0% |
| Amounts payable within one year | 42/48 | €2,794,400 | €1,808,822 | -€985,578 | -35.3% |
| Trade debts | 44 | €297,551 | €175,235 | -€122,316 | -41.1% |
| Suppliers | 440/4 | €297,551 | €175,235 | -€122,316 | -41.1% |
| Taxes, remuneration and social security | 45 | €604,030 | €673,727 | +€69,697 | +11.5% |
| Taxes | 450/3 | €292,310 | €341,344 | +€49,034 | +16.8% |
| Remuneration and social security | 454/9 | €311,721 | €332,384 | +€20,663 | +6.6% |
| Other amounts payable | 47/48 | €1,892,820 | €959,860 | -€932,959 | -49.3% |
| Accrued charges and deferred income | 492/3 | €459,221 | €598,829 | +€139,608 | +30.4% |
| Operating income | 70/76A | €21,399,503 | €19,835,618 | -€1.6m | -7.3% |
| Turnover | 70 | €21,194,684 | €19,648,800 | -€1.5m | -7.3% |
| Other operating income | 74 | €204,819 | €186,818 | -€18,001 | -8.8% |
| Operating charges | 60/66A | €19,375,016 | €17,833,070 | -€1.5m | -8.0% |
| Goods for resale, raw materials and consumables | 60 | €12,797,462 | €11,793,984 | -€1.0m | -7.8% |
| Purchases | 600/8 | €12,962,328 | €11,940,385 | -€1.0m | -7.9% |
| Change in stocks: decrease (increase) | 609 | -€164,866 | -€146,402 | +€18,465 | +11.2% |
| Services and other goods | 61 | €3,192,177 | €2,894,245 | -€297,932 | -9.3% |
| Remuneration, social security and pensions | 62 | €2,878,499 | €2,726,933 | -€151,566 | -5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €303,427 | €319,394 | +€15,967 | +5.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€212,675 | €31,988 | +€244,663 | |
| Other operating charges | 640/8 | €10,940 | €35,173 | +€24,233 | +222% |
| Non-recurring operating charges | 66A | €405,186 | €31,354 | -€373,832 | -92.3% |
| Operating profit (loss) | 9901 | €2,024,487 | €2,002,547 | -€21,940 | -1.1% |
| Financial income | 75/76B | €116 | €11,968 | +€11,852 | +10,225% |
| Recurring financial income | 75 | €116 | €11,968 | +€11,852 | +10,225% |
| Income from financial fixed assets | 750 | €59 | €2,488 | +€2,429 | +4,126% |
| Income from current assets | 751 | - | €9,135 | +€9,135 | |
| Other financial income | 752/9 | €57 | €345 | +€288 | +505% |
| Financial charges | 65/66B | €193,451 | €142,952 | -€50,499 | -26.1% |
| Recurring financial charges | 65 | €193,451 | €142,952 | -€50,499 | -26.1% |
| Debt charges | 650 | €68,991 | €38,318 | -€30,673 | -44.5% |
| Other financial charges | 652/9 | €124,459 | €104,633 | -€19,826 | -15.9% |
| Profit (loss) for the period before taxes | 9903 | €1,831,153 | €1,871,564 | +€40,411 | +2.2% |
| Income taxes | 67/77 | €483,851 | €493,323 | +€9,472 | +2.0% |
| Taxes | 670/3 | €483,851 | €493,323 | +€9,472 | +2.0% |
| Profit (loss) for the period | 9904 | €1,347,301 | €1,378,240 | +€30,939 | +2.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,347,301 | €1,378,240 | +€30,939 | +2.3% |
Source: filed annual accounts (NBB), financial years ended 31 January 2025 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.