HANNEBEAU: 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.
HANNEBEAU
Largest movements
- Receivables within one year -€32,795
down €32,795 (-93.3%), from €35,144 to €2,349
of which Trade receivables: -€32,795
- Tangible fixed assets -€9,324
down €9,324 (-2.6%), from €352,302 to €342,978
- Debts after one year -€14,877
down €14,877 (-5.6%), from €265,252 to €250,375
- Advances received -€14,339
no longer reported in 2026 (was €14,339)
- Trade debts -€5,790
down €5,790 (-92.3%), from €6,273 to €483
- Gross operating margin -€11,823
down €11,823 (-44.0%), from €26,850 to €15,027
- Financial charges -€269
down €269 (-5.0%), from €5,338 to €5,068
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €544,635 | €508,093 | -€36,543 | -6.7% |
| Fixed assets | 21/28 | €352,302 | €342,978 | -€9,324 | -2.6% |
| Tangible fixed assets | 22/27 | €352,302 | €342,978 | -€9,324 | -2.6% |
| Land and buildings | 22 | €352,302 | €342,978 | -€9,324 | -2.6% |
| Current assets | 29/58 | €192,333 | €165,114 | -€27,219 | -14.2% |
| Stocks and contracts in progress | 3 | €153,527 | €154,699 | +€1,172 | +0.8% |
| Stocks | 30/36 | €153,527 | €154,699 | +€1,172 | +0.8% |
| Amounts receivable within one year | 40/41 | €35,144 | €2,349 | -€32,795 | -93.3% |
| Trade receivables | 40 | €35,034 | €2,239 | -€32,795 | -93.6% |
| Other amounts receivable | 41 | €110 | €110 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,617 | €5,912 | +€3,295 | +126% |
| Deferred charges and accrued income | 490/1 | €1,045 | €2,154 | +€1,109 | +106% |
| Total equity and liabilities | 10/49 | €544,635 | €508,093 | -€36,543 | -6.7% |
| Equity | 10/15 | -€13,557 | -€15,288 | -€1,730 | -12.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,757 | -€21,488 | -€1,730 | -8.8% |
| Amounts payable | 17/49 | €558,192 | €523,380 | -€34,812 | -6.2% |
| Amounts payable after more than one year | 17 | €265,252 | €250,375 | -€14,877 | -5.6% |
| Financial debts | 170/4 | €265,252 | €250,375 | -€14,877 | -5.6% |
| Amounts payable within one year | 42/48 | €292,941 | €273,006 | -€19,935 | -6.8% |
| Current portion of amounts payable after more than one year | 42 | €14,611 | €14,877 | +€266 | +1.8% |
| Trade debts | 44 | €6,273 | €483 | -€5,790 | -92.3% |
| Suppliers | 440/4 | €6,273 | €483 | -€5,790 | -92.3% |
| Advances received on contracts in progress | 46 | €14,339 | - | -€14,339 | |
| Taxes, remuneration and social security | 45 | €288 | €216 | -€72 | -25.1% |
| Taxes | 450/3 | €288 | €216 | -€72 | -25.1% |
| Other amounts payable | 47/48 | €257,430 | €257,430 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €387 | €400 | +€12 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,324 | €9,324 | = | 0.0% |
| Other operating charges | 640/8 | €1,885 | €1,966 | +€82 | +4.3% |
| Gross operating margin | 9900 | €26,850 | €15,027 | -€11,823 | -44.0% |
| Operating profit (loss) | 9901 | €15,254 | €3,338 | -€11,917 | -78.1% |
| Financial charges | 65/66B | €5,338 | €5,068 | -€269 | -5.0% |
| Recurring financial charges | 65 | €5,338 | €5,068 | -€269 | -5.0% |
| Profit (loss) for the period before taxes | 9903 | €9,917 | -€1,730 | -€11,647 | |
| Profit (loss) for the period | 9904 | €9,917 | -€1,730 | -€11,647 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,917 | -€1,730 | -€11,647 |
Source: filed annual accounts (NBB), financial years ended 31 January 2025 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.