HANLET PRESS: 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.
HANLET PRESS
Largest movements
- Tangible fixed assets -€29,740
down €29,740 (-44.7%), from €66,599 to €36,859
- Cash -€12,491
down €12,491 (-21.0%), from €59,368 to €46,877
mainly Net result for the year (-€21,570) and Debts after one year (-€15,176)
- Financial fixed assets -€9,960
down €9,960 (-34.5%), from €28,871 to €18,911
- Receivables within one year -€3,658
down €3,658 (-17.0%), from €21,467 to €17,809
of which Other amounts receivable: -€3,651
- Profit (loss) carried forward -€21,570
down €21,570, from €384 to -€21,186
- Debts after one year -€15,176
down €15,176 (-16.7%), from €90,844 to €75,668
- Short-term financial debts -€14,676
down €14,676 (-86.0%), from €17,070 to €2,394
- Other debts -€4,695
down €4,695 (-38.4%), from €12,231 to €7,535
- Tax, wage and social debts -€1,785
down €1,785 (-19.4%), from €9,182 to €7,397
of which Remuneration and social security: -€3,380
- Gross operating margin +€14,536
up €14,536 (+25.9%), from €56,059 to €70,595
- Depreciation -€8,000
down €8,000 (-21.2%), from €37,741 to €29,740
- Staff costs +€7,653
up €7,653 (+16.4%), from €46,794 to €54,447
- Other operating charges +€1,045
up €1,045 (+383%), from €273 to €1,318
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 | €177,059 | €120,456 | -€56,604 | -32.0% |
| Fixed assets | 21/28 | €95,470 | €55,770 | -€39,700 | -41.6% |
| Tangible fixed assets | 22/27 | €66,599 | €36,859 | -€29,740 | -44.7% |
| Furniture and vehicles | 24 | €66,599 | €36,859 | -€29,740 | -44.7% |
| Financial fixed assets | 28 | €28,871 | €18,911 | -€9,960 | -34.5% |
| Current assets | 29/58 | €81,589 | €64,686 | -€16,903 | -20.7% |
| Amounts receivable within one year | 40/41 | €21,467 | €17,809 | -€3,658 | -17.0% |
| Trade receivables | 40 | €10,512 | €10,505 | -€7 | -0.1% |
| Other amounts receivable | 41 | €10,956 | €7,304 | -€3,651 | -33.3% |
| Cash at bank and in hand | 54/58 | €59,368 | €46,877 | -€12,491 | -21.0% |
| Deferred charges and accrued income | 490/1 | €754 | - | -€754 | |
| Total equity and liabilities | 10/49 | €177,059 | €120,456 | -€56,604 | -32.0% |
| Equity | 10/15 | €27,849 | €6,278 | -€21,570 | -77.5% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €27,365 | €27,365 | = | 0.0% |
| Distributable reserves | 133 | €27,365 | €27,365 | = | 0.0% |
| Profit (loss) carried forward | 14 | €384 | -€21,186 | -€21,570 | |
| Amounts payable | 17/49 | €149,211 | €114,177 | -€35,033 | -23.5% |
| Amounts payable after more than one year | 17 | €90,844 | €75,668 | -€15,176 | -16.7% |
| Financial debts | 170/4 | €90,844 | €75,668 | -€15,176 | -16.7% |
| Amounts payable within one year | 42/48 | €57,842 | €37,764 | -€20,078 | -34.7% |
| Current portion of amounts payable after more than one year | 42 | €13,404 | €14,103 | +€699 | +5.2% |
| Financial debts | 43 | €17,070 | €2,394 | -€14,676 | -86.0% |
| Credit institutions | 430/8 | €17,070 | €2,394 | -€14,676 | -86.0% |
| Trade debts | 44 | €5,956 | €6,335 | +€379 | +6.4% |
| Suppliers | 440/4 | €5,956 | €6,335 | +€379 | +6.4% |
| Taxes, remuneration and social security | 45 | €9,182 | €7,397 | -€1,785 | -19.4% |
| Taxes | 450/3 | €401 | €1,996 | +€1,594 | +397% |
| Remuneration and social security | 454/9 | €8,781 | €5,401 | -€3,380 | -38.5% |
| Other amounts payable | 47/48 | €12,231 | €7,535 | -€4,695 | -38.4% |
| Accrued charges and deferred income | 492/3 | €524 | €745 | +€221 | +42.1% |
| Remuneration, social security and pensions | 62 | €46,794 | €54,447 | +€7,653 | +16.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,741 | €29,740 | -€8,000 | -21.2% |
| Other operating charges | 640/8 | €273 | €1,318 | +€1,045 | +383% |
| Gross operating margin | 9900 | €56,059 | €70,595 | +€14,536 | +25.9% |
| Operating profit (loss) | 9901 | -€28,748 | -€14,911 | +€13,838 | +48.1% |
| Financial charges | 65/66B | €6,924 | €6,483 | -€442 | -6.4% |
| Recurring financial charges | 65 | €6,924 | €6,483 | -€442 | -6.4% |
| Profit (loss) for the period before taxes | 9903 | -€35,673 | -€21,393 | +€14,279 | +40.0% |
| Income taxes | 67/77 | €498 | €177 | -€321 | -64.4% |
| Profit (loss) for the period | 9904 | -€36,171 | -€21,570 | +€14,600 | +40.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€36,171 | -€21,570 | +€14,600 | +40.4% |
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 27 October 2026 via checked.be.