HANLOG: what changed
Two fiscal 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.
HANLOG
Largest movements
- Tangible fixed assets -€21,511
down €21,511 (-93.0%), from €23,124 to €1,613
of which Furniture and vehicles: -€21,150
- Receivables within one year -€15,125
down €15,125 (-17.6%), from €86,159 to €71,034
of which Trade receivables: -€29,167
- Cash -€10,559
down €10,559 (-71.0%), from €14,877 to €4,318
mainly Trade debts (-€33,720) and Tax, wage and social debts (-€8,778)
- Trade debts -€33,720
down €33,720 (-97.8%), from €34,470 to €750
- Tax, wage and social debts -€8,778
down €8,778 (-50.1%), from €17,507 to €8,730
of which Taxes: -€8,778
- Debts after one year -€6,720
no longer reported in 2024 (was €6,720)
- Profit (loss) carried forward +€6,142
up €6,142 (+12.4%), from €49,697 to €55,838
- Current portion of long-term debt -€4,118
no longer reported in 2024 (was €4,118)
- Gross operating margin -€18,112
down €18,112 (-80.8%), from €22,414 to €4,302
- Other operating charges -€10,337
down €10,337 (-90.9%), from €11,372 to €1,035
- Financial income +€5,754
up €5,754 (+234.6%), from €2,453 to €8,207
of which Non-recurring financial income: +€4,877
- Depreciation -€4,360
down €4,360 (-75.9%), from €5,747 to €1,387
- Taxes -€2,298
down €2,298 (-45.8%), from €5,018 to €2,720
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.
Cash bridge derived
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 | €125,659 | €78,465 | -€47,194 | -37.6% |
| Fixed assets | 21/28 | €24,624 | €3,113 | -€21,511 | -87.4% |
| Tangible fixed assets | 22/27 | €23,124 | €1,613 | -€21,511 | -93.0% |
| Plant, machinery and equipment | 23 | €430 | €69 | -€361 | -83.9% |
| Furniture and vehicles | 24 | €22,693 | €1,544 | -€21,150 | -93.2% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €101,036 | €75,352 | -€25,684 | -25.4% |
| Amounts receivable within one year | 40/41 | €86,159 | €71,034 | -€15,125 | -17.6% |
| Trade receivables | 40 | €29,167 | - | -€29,167 | |
| Other amounts receivable | 41 | €56,992 | €71,034 | +€14,042 | +24.6% |
| Cash at bank and in hand | 54/58 | €14,877 | €4,318 | -€10,559 | -71.0% |
| Total equity and liabilities | 10/49 | €125,659 | €78,465 | -€47,194 | -37.6% |
| Equity | 10/15 | €62,238 | €68,380 | +€6,142 | +9.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €142 | €142 | = | 0.0% |
| Distributable reserves | 133 | €142 | €142 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,697 | €55,838 | +€6,142 | +12.4% |
| Amounts payable | 17/49 | €63,421 | €10,085 | -€53,336 | -84.1% |
| Amounts payable after more than one year | 17 | €6,720 | - | -€6,720 | |
| Financial debts | 170/4 | €6,720 | - | -€6,720 | |
| Amounts payable within one year | 42/48 | €56,701 | €10,085 | -€46,616 | -82.2% |
| Current portion of amounts payable after more than one year | 42 | €4,118 | - | -€4,118 | |
| Trade debts | 44 | €34,470 | €750 | -€33,720 | -97.8% |
| Suppliers | 440/4 | €34,470 | €750 | -€33,720 | -97.8% |
| Advances received on contracts in progress | 46 | €605 | €605 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €17,507 | €8,730 | -€8,778 | -50.1% |
| Taxes | 450/3 | €17,507 | €8,730 | -€8,778 | -50.1% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,747 | €1,387 | -€4,360 | -75.9% |
| Other operating charges | 640/8 | €11,372 | €1,035 | -€10,337 | -90.9% |
| Gross operating margin | 9900 | €22,414 | €4,302 | -€18,112 | -80.8% |
| Operating profit (loss) | 9901 | €5,295 | €1,879 | -€3,415 | -64.5% |
| Financial income | 75/76B | €2,453 | €8,207 | +€5,754 | +234.6% |
| Recurring financial income | 75 | €2,453 | €3,330 | +€877 | +35.8% |
| Non-recurring financial income | 76B | - | €4,877 | +€4,877 | |
| Financial charges | 65/66B | €1,279 | €1,224 | -€55 | -4.3% |
| Recurring financial charges | 65 | €1,279 | €1,224 | -€55 | -4.3% |
| Profit (loss) for the period before taxes | 9903 | €6,468 | €8,862 | +€2,394 | +37.0% |
| Income taxes | 67/77 | €5,018 | €2,720 | -€2,298 | -45.8% |
| Profit (loss) for the period | 9904 | €1,450 | €6,142 | +€4,692 | +323.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,450 | €6,142 | +€4,692 | +323.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.