HANGAR 99: 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 99
Largest movements
- Cash -€8,559
down €8,559 (-74.9%), from €11,434 to €2,875
mainly Investment in fixed assets (net) (-€71,176) and Other debts (-€10,227)
- Tangible fixed assets +€5,686
up €5,686 (+8.0%), from €71,074 to €76,761
of which Plant, machinery and equipment: +€16,087
- Receivables within one year +€4,067
up €4,067 (+259%), from €1,569 to €5,636
of which Trade receivables: +€4,359
- Stocks and contracts -€1,750
no longer reported in 2025 (was €1,750)
- Other debts -€10,227
down €10,227 (-25.2%), from €40,564 to €30,338
- Profit (loss) carried forward +€7,258
up €7,258 (+49.0%), from -€14,805 to -€7,547
- Current portion of long-term debt +€5,385
up €5,385 (+41.5%), from €12,976 to €18,360
- Debts after one year -€4,663
down €4,663 (-12.0%), from €38,871 to €34,209
- Tax, wage and social debts +€2,231
up €2,231 (+154%), from €1,450 to €3,681
of which Taxes: +€2,217
- Gross operating margin +€74,513
up €74,513 (+1,229%), from €6,064 to €80,577
- Depreciation +€61,203
up €61,203 (+1,428%), from €4,287 to €65,489
- Taxes +€3,191
new in 2025: €3,191
- Financial charges +€2,119
up €2,119 (+274%), from €774 to €2,893
- Other operating charges +€1,482
up €1,482 (+563%), from €263 to €1,745
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 | €85,827 | €85,272 | -€555 | -0.6% |
| Fixed assets | 21/28 | €71,074 | €76,761 | +€5,686 | +8.0% |
| Tangible fixed assets | 22/27 | €71,074 | €76,761 | +€5,686 | +8.0% |
| Plant, machinery and equipment | 23 | - | €16,087 | +€16,087 | |
| Furniture and vehicles | 24 | €58,074 | €47,674 | -€10,400 | -17.9% |
| Other tangible fixed assets | 26 | €13,000 | €13,000 | = | 0.0% |
| Current assets | 29/58 | €14,753 | €8,511 | -€6,242 | -42.3% |
| Stocks and contracts in progress | 3 | €1,750 | - | -€1,750 | |
| Contracts in progress | 37 | €1,750 | - | -€1,750 | |
| Amounts receivable within one year | 40/41 | €1,569 | €5,636 | +€4,067 | +259% |
| Trade receivables | 40 | €1,080 | €5,439 | +€4,359 | +404% |
| Other amounts receivable | 41 | €489 | €197 | -€292 | -59.6% |
| Cash at bank and in hand | 54/58 | €11,434 | €2,875 | -€8,559 | -74.9% |
| Total equity and liabilities | 10/49 | €85,827 | €85,272 | -€555 | -0.6% |
| Equity | 10/15 | -€8,605 | -€1,347 | +€7,258 | +84.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,805 | -€7,547 | +€7,258 | +49.0% |
| Amounts payable | 17/49 | €94,432 | €86,618 | -€7,813 | -8.3% |
| Amounts payable after more than one year | 17 | €38,871 | €34,209 | -€4,663 | -12.0% |
| Financial debts | 170/4 | €38,871 | €34,209 | -€4,663 | -12.0% |
| Amounts payable within one year | 42/48 | €55,561 | €52,410 | -€3,151 | -5.7% |
| Current portion of amounts payable after more than one year | 42 | €12,976 | €18,360 | +€5,385 | +41.5% |
| Trade debts | 44 | €570 | €31 | -€540 | -94.6% |
| Suppliers | 440/4 | €570 | €31 | -€540 | -94.6% |
| Taxes, remuneration and social security | 45 | €1,450 | €3,681 | +€2,231 | +154% |
| Taxes | 450/3 | - | €2,217 | +€2,217 | |
| Remuneration and social security | 454/9 | €1,450 | €1,464 | +€14 | +1.0% |
| Other amounts payable | 47/48 | €40,564 | €30,338 | -€10,227 | -25.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,287 | €65,489 | +€61,203 | +1,428% |
| Other operating charges | 640/8 | €263 | €1,745 | +€1,482 | +563% |
| Gross operating margin | 9900 | €6,064 | €80,577 | +€74,513 | +1,229% |
| Operating profit (loss) | 9901 | €1,514 | €13,343 | +€11,829 | +781% |
| Financial charges | 65/66B | €774 | €2,893 | +€2,119 | +274% |
| Recurring financial charges | 65 | €774 | €2,893 | +€2,119 | +274% |
| Profit (loss) for the period before taxes | 9903 | €740 | €10,449 | +€9,710 | +1,313% |
| Income taxes | 67/77 | - | €3,191 | +€3,191 | |
| Profit (loss) for the period | 9904 | €740 | €7,258 | +€6,518 | +881% |
| Profit (loss) for the period to be appropriated | 9905 | €740 | €7,258 | +€6,518 | +881% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.