Hanne K: 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.
Hanne K
Largest movements
- Tangible fixed assets -€7,966
down €7,966 (-21.0%), from €37,908 to €29,942
of which Furniture and vehicles: -€7,677
- Cash +€5,430
up €5,430 (+206,475%), from €3 to €5,433
mainly Net result for the year (+€13,226) and Depreciation (+€9,009)
- Receivables within one year -€3,721
down €3,721 (-70.4%), from €5,285 to €1,564
of which Trade receivables: -€3,785
- Profit (loss) carried forward +€13,226
up €13,226 (+92.7%), from -€14,261 to -€1,036
- Debts after one year -€9,474
down €9,474 (-45.0%), from €21,058 to €11,583
- Other debts -€5,389
down €5,389 (-38.4%), from €14,031 to €8,643
- Short-term financial debts -€3,883
no longer reported in 2025 (was €3,883)
- Tax, wage and social debts -€1,216
down €1,216 (-20.2%), from €6,005 to €4,789
of which Remuneration and social security: -€4,750
- Gross operating margin +€38,213
up €38,213, from -€14,047 to €24,167
- Depreciation +€2,891
up €2,891 (+47.3%), from €6,118 to €9,009
- Financial charges +€264
up €264 (+19.0%), from €1,385 to €1,649
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 | €43,611 | €37,262 | -€6,350 | -14.6% |
| Fixed assets | 21/28 | €37,908 | €29,942 | -€7,966 | -21.0% |
| Tangible fixed assets | 22/27 | €37,908 | €29,942 | -€7,966 | -21.0% |
| Land and buildings | 22 | €1,212 | €923 | -€289 | -23.9% |
| Furniture and vehicles | 24 | €36,696 | €29,019 | -€7,677 | -20.9% |
| Current assets | 29/58 | €5,703 | €7,320 | +€1,616 | +28.3% |
| Amounts receivable within one year | 40/41 | €5,285 | €1,564 | -€3,721 | -70.4% |
| Trade receivables | 40 | €3,785 | - | -€3,785 | |
| Other amounts receivable | 41 | €1,500 | €1,564 | +€64 | +4.3% |
| Cash at bank and in hand | 54/58 | €3 | €5,433 | +€5,430 | +206,475% |
| Deferred charges and accrued income | 490/1 | €416 | €322 | -€93 | -22.5% |
| Total equity and liabilities | 10/49 | €43,611 | €37,262 | -€6,350 | -14.6% |
| Equity | 10/15 | -€11,861 | €1,364 | +€13,226 | |
| Contributions | 10/11 | €2,400 | €2,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,261 | -€1,036 | +€13,226 | +92.7% |
| Amounts payable | 17/49 | €55,473 | €35,898 | -€19,575 | -35.3% |
| Amounts payable after more than one year | 17 | €21,058 | €11,583 | -€9,474 | -45.0% |
| Financial debts | 170/4 | €21,058 | €11,583 | -€9,474 | -45.0% |
| Amounts payable within one year | 42/48 | €34,415 | €24,314 | -€10,101 | -29.3% |
| Current portion of amounts payable after more than one year | 42 | €9,074 | €9,474 | +€401 | +4.4% |
| Financial debts | 43 | €3,883 | - | -€3,883 | |
| Credit institutions | 430/8 | €3,883 | - | -€3,883 | |
| Trade debts | 44 | €1,422 | €1,408 | -€14 | -1.0% |
| Suppliers | 440/4 | €1,422 | €1,408 | -€14 | -1.0% |
| Taxes, remuneration and social security | 45 | €6,005 | €4,789 | -€1,216 | -20.2% |
| Taxes | 450/3 | €1,255 | €4,789 | +€3,534 | +282% |
| Remuneration and social security | 454/9 | €4,750 | - | -€4,750 | |
| Other amounts payable | 47/48 | €14,031 | €8,643 | -€5,389 | -38.4% |
| Turnover | 70 | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,118 | €9,009 | +€2,891 | +47.3% |
| Other operating charges | 640/8 | €329 | €149 | -€180 | -54.8% |
| Gross operating margin | 9900 | -€14,047 | €24,167 | +€38,213 | |
| Operating profit (loss) | 9901 | -€20,493 | €15,009 | +€35,502 | |
| Financial income | 75/76B | €2 | €1 | -€1 | -64.1% |
| Recurring financial income | 75 | €2 | €1 | -€1 | -64.1% |
| Financial charges | 65/66B | €1,385 | €1,649 | +€264 | +19.0% |
| Recurring financial charges | 65 | €1,385 | €1,649 | +€264 | +19.0% |
| Profit (loss) for the period before taxes | 9903 | -€21,876 | €13,361 | +€35,237 | |
| Income taxes | 67/77 | €0 | €136 | +€136 | |
| Profit (loss) for the period | 9904 | -€21,876 | €13,226 | +€35,102 | |
| Profit (loss) for the period to be appropriated | 9905 | -€21,876 | €13,226 | +€35,102 |
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.