HANNES DELAGRANGE: 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.
HANNES DELAGRANGE
Largest movements
- Cash +€20,173
up €20,173 (+43.6%), from €46,231 to €66,403
mainly Net result for the year (+€27,413) and Depreciation (+€6,030)
- Tangible fixed assets -€6,030
down €6,030 (-25.2%), from €23,940 to €17,910
of which Furniture and vehicles: -€5,552
- Receivables within one year +€5,208
up €5,208 (+273%), from €1,909 to €7,117
of which Other amounts receivable: +€2,848
- Profit (loss) carried forward +€25,695
up €25,695 (+42.7%), from €60,208 to €85,904
- Tax, wage and social debts -€6,113
down €6,113 (-49.6%), from €12,327 to €6,214
of which Taxes: -€6,113
- Gross operating margin -€23,709
down €23,709 (-36.2%), from €65,568 to €41,859
- Taxes -€7,650
down €7,650 (-50.2%), from €15,231 to €7,581
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 | €73,277 | €92,640 | +€19,363 | +26.4% |
| Fixed assets | 21/28 | €23,940 | €17,910 | -€6,030 | -25.2% |
| Tangible fixed assets | 22/27 | €23,940 | €17,910 | -€6,030 | -25.2% |
| Plant, machinery and equipment | 23 | €1,898 | €1,420 | -€478 | -25.2% |
| Furniture and vehicles | 24 | €22,043 | €16,490 | -€5,552 | -25.2% |
| Current assets | 29/58 | €49,337 | €74,730 | +€25,394 | +51.5% |
| Amounts receivable within one year | 40/41 | €1,909 | €7,117 | +€5,208 | +273% |
| Trade receivables | 40 | €1,898 | €4,258 | +€2,360 | +124% |
| Other amounts receivable | 41 | €11 | €2,859 | +€2,848 | +25,891% |
| Cash at bank and in hand | 54/58 | €46,231 | €66,403 | +€20,173 | +43.6% |
| Deferred charges and accrued income | 490/1 | €1,196 | €1,210 | +€13 | +1.1% |
| Total equity and liabilities | 10/49 | €73,277 | €92,640 | +€19,363 | +26.4% |
| Equity | 10/15 | €60,308 | €86,004 | +€25,695 | +42.6% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €60,208 | €85,904 | +€25,695 | +42.7% |
| Amounts payable | 17/49 | €12,969 | €6,637 | -€6,332 | -48.8% |
| Amounts payable within one year | 42/48 | €12,969 | €6,637 | -€6,332 | -48.8% |
| Trade debts | 44 | €642 | €417 | -€224 | -34.9% |
| Suppliers | 440/4 | €642 | €417 | -€224 | -34.9% |
| Taxes, remuneration and social security | 45 | €12,327 | €6,214 | -€6,113 | -49.6% |
| Taxes | 450/3 | €12,327 | €6,214 | -€6,113 | -49.6% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | €5 | +€5 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,030 | €6,030 | = | 0.0% |
| Other operating charges | 640/8 | €552 | €709 | +€157 | +28.5% |
| Gross operating margin | 9900 | €65,568 | €41,859 | -€23,709 | -36.2% |
| Operating profit (loss) | 9901 | €58,986 | €35,120 | -€23,866 | -40.5% |
| Financial charges | 65/66B | €5 | €126 | +€120 | +2,266% |
| Recurring financial charges | 65 | €5 | €126 | +€120 | +2,266% |
| Profit (loss) for the period before taxes | 9903 | €58,981 | €34,994 | -€23,987 | -40.7% |
| Income taxes | 67/77 | €15,231 | €7,581 | -€7,650 | -50.2% |
| Profit (loss) for the period | 9904 | €43,750 | €27,413 | -€16,336 | -37.3% |
| Profit (loss) for the period to be appropriated | 9905 | €43,750 | €27,413 | -€16,336 | -37.3% |
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 26 October 2026 via checked.be.