HANNAH TACHENY: 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.
HANNAH TACHENY
Largest movements
- Cash -€66,976
down €66,976 (-49.0%), from €136,560 to €69,584
mainly Current investments (-€50,000) and Other debts (-€41,227)
- Current investments +€50,000
new in 2025: €50,000
- Receivables within one year +€28,293
up €28,293 (+35.6%), from €79,554 to €107,847
of which Trade receivables: +€16,863
- Tangible fixed assets -€6,052
down €6,052 (-85.1%), from €7,115 to €1,063
- Profit (loss) carried forward +€70,522
up €70,522 (+93.0%), from €75,839 to €146,360
- Other debts -€41,227
down €41,227 (-63.7%), from €64,756 to €23,529
- Tax, wage and social debts -€18,010
down €18,010 (-46.5%), from €38,772 to €20,762
- Current portion of long-term debt -€6,800
no longer reported in 2025 (was €6,800)
- Gross operating margin +€22,763
up €22,763 (+20.2%), from €112,640 to €135,403
- Taxes +€8,192
up €8,192 (+35.8%), from €22,895 to €31,087
- Depreciation -€2,339
down €2,339 (-24.7%), from €9,465 to €7,126
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 | €226,705 | €230,034 | +€3,329 | +1.5% |
| Fixed assets | 21/28 | €7,115 | €1,063 | -€6,052 | -85.1% |
| Tangible fixed assets | 22/27 | €7,115 | €1,063 | -€6,052 | -85.1% |
| Furniture and vehicles | 24 | €7,115 | €1,063 | -€6,052 | -85.1% |
| Current assets | 29/58 | €219,590 | €228,971 | +€9,381 | +4.3% |
| Amounts receivable within one year | 40/41 | €79,554 | €107,847 | +€28,293 | +35.6% |
| Trade receivables | 40 | €74,759 | €91,622 | +€16,863 | +22.6% |
| Other amounts receivable | 41 | €4,795 | €16,225 | +€11,430 | +238% |
| Current investments | 50/53 | - | €50,000 | +€50,000 | |
| Cash at bank and in hand | 54/58 | €136,560 | €69,584 | -€66,976 | -49.0% |
| Deferred charges and accrued income | 490/1 | €3,475 | €1,540 | -€1,935 | -55.7% |
| Total equity and liabilities | 10/49 | €226,705 | €230,034 | +€3,329 | +1.5% |
| Equity | 10/15 | €113,737 | €184,259 | +€70,522 | +62.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €19,348 | €19,348 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €17,493 | €17,493 | = | 0.0% |
| Profit (loss) carried forward | 14 | €75,839 | €146,360 | +€70,522 | +93.0% |
| Amounts payable | 17/49 | €112,968 | €45,775 | -€67,192 | -59.5% |
| Amounts payable within one year | 42/48 | €112,968 | €45,775 | -€67,192 | -59.5% |
| Current portion of amounts payable after more than one year | 42 | €6,800 | - | -€6,800 | |
| Trade debts | 44 | €2,640 | €1,484 | -€1,156 | -43.8% |
| Suppliers | 440/4 | €2,640 | €1,484 | -€1,156 | -43.8% |
| Taxes, remuneration and social security | 45 | €38,772 | €20,762 | -€18,010 | -46.5% |
| Taxes | 450/3 | €38,772 | €20,762 | -€18,010 | -46.5% |
| Other amounts payable | 47/48 | €64,756 | €23,529 | -€41,227 | -63.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,465 | €7,126 | -€2,339 | -24.7% |
| Other operating charges | 640/8 | €4,222 | €2,914 | -€1,309 | -31.0% |
| Gross operating margin | 9900 | €112,640 | €135,403 | +€22,763 | +20.2% |
| Operating profit (loss) | 9901 | €98,953 | €125,364 | +€26,411 | +26.7% |
| Financial income | 75/76B | €0 | €0 | -€0 | -50.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -50.0% |
| Financial charges | 65/66B | €531 | €226 | -€304 | -57.4% |
| Recurring financial charges | 65 | €531 | €226 | -€304 | -57.4% |
| Profit (loss) for the period before taxes | 9903 | €98,423 | €125,138 | +€26,715 | +27.1% |
| Income taxes | 67/77 | €22,895 | €31,087 | +€8,192 | +35.8% |
| Profit (loss) for the period | 9904 | €75,528 | €94,051 | +€18,523 | +24.5% |
| Profit (loss) for the period to be appropriated | 9905 | €75,528 | €94,051 | +€18,523 | +24.5% |
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 24 October 2026 via checked.be.