Hannes Software Engineering: 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 Software Engineering
Largest movements
- Cash +€38,435
up €38,435 (+415%), from €9,256 to €47,691
mainly Other debts (+€215,325) and Net result for the year (+€55,932)
- Tangible fixed assets -€26,647
down €26,647 (-3.1%), from €872,125 to €845,478
of which Land and buildings: -€27,879
- Receivables within one year -€10,655
down €10,655 (-18.9%), from €56,327 to €45,672
of which Other amounts receivable: -€37,092
- Other debts +€215,325
up €215,325 (+1,473%), from €14,615 to €229,941
- Reserves -€207,800
down €207,800 (-25.0%), from €831,829 to €624,030
of which Distributable reserves: -€202,939
- Current portion of long-term debt -€12,029
down €12,029 (-100%), from €12,029 to €0
- Gross operating margin +€32,666
up €32,666 (+33.6%), from €97,143 to €129,809
- Taxes +€10,595
up €10,595 (+69.1%), from €15,338 to €25,933
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 | €955,996 | €954,379 | -€1,617 | -0.2% |
| Fixed assets | 21/28 | €885,300 | €857,778 | -€27,522 | -3.1% |
| Intangible fixed assets | 21 | €13,125 | €12,250 | -€875 | -6.7% |
| Tangible fixed assets | 22/27 | €872,125 | €845,478 | -€26,647 | -3.1% |
| Land and buildings | 22 | €821,996 | €794,117 | -€27,879 | -3.4% |
| Plant, machinery and equipment | 23 | €91 | €8,947 | +€8,855 | +9,695% |
| Furniture and vehicles | 24 | €26,694 | €19,551 | -€7,143 | -26.8% |
| Other tangible fixed assets | 26 | €23,343 | €22,863 | -€480 | -2.1% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €70,696 | €96,601 | +€25,904 | +36.6% |
| Amounts receivable within one year | 40/41 | €56,327 | €45,672 | -€10,655 | -18.9% |
| Trade receivables | 40 | €19,236 | €45,672 | +€26,436 | +137% |
| Other amounts receivable | 41 | €37,092 | €0 | -€37,092 | -100% |
| Current investments | 50/53 | €3 | €0 | -€3 | -100% |
| Cash at bank and in hand | 54/58 | €9,256 | €47,691 | +€38,435 | +415% |
| Deferred charges and accrued income | 490/1 | €5,110 | €3,238 | -€1,872 | -36.6% |
| Total equity and liabilities | 10/49 | €955,996 | €954,379 | -€1,617 | -0.2% |
| Equity | 10/15 | €881,408 | €673,608 | -€207,800 | -23.6% |
| Contributions | 10/11 | €49,579 | €49,579 | = | 0.0% |
| Reserves | 13 | €831,829 | €624,030 | -€207,800 | -25.0% |
| Tax-exempt reserves | 132 | €94,783 | €89,922 | -€4,861 | -5.1% |
| Distributable reserves | 133 | €737,047 | €534,108 | -€202,939 | -27.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €36,465 | €34,845 | -€1,620 | -4.4% |
| Deferred taxes | 168 | €36,465 | €34,845 | -€1,620 | -4.4% |
| Amounts payable | 17/49 | €38,123 | €245,925 | +€207,803 | +545% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €38,123 | €242,850 | +€204,727 | +537% |
| Current portion of amounts payable after more than one year | 42 | €12,029 | €0 | -€12,029 | -100% |
| Financial debts | 43 | €595 | €44 | -€552 | -92.7% |
| Credit institutions | 430/8 | €595 | €44 | -€552 | -92.7% |
| Trade debts | 44 | €6,137 | €1,531 | -€4,606 | -75.0% |
| Suppliers | 440/4 | €6,137 | €1,531 | -€4,606 | -75.0% |
| Taxes, remuneration and social security | 45 | €4,746 | €11,335 | +€6,588 | +139% |
| Taxes | 450/3 | €4,746 | €9,715 | +€4,969 | +105% |
| Remuneration and social security | 454/9 | €0 | €1,620 | +€1,620 | |
| Other amounts payable | 47/48 | €14,615 | €229,941 | +€215,325 | +1,473% |
| Accrued charges and deferred income | 492/3 | - | €3,076 | +€3,076 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,923 | €41,057 | +€134 | +0.3% |
| Other operating charges | 640/8 | €7,761 | €8,011 | +€250 | +3.2% |
| Gross operating margin | 9900 | €97,143 | €129,809 | +€32,666 | +33.6% |
| Operating profit (loss) | 9901 | €48,459 | €80,742 | +€32,282 | +66.6% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €874 | €497 | -€377 | -43.1% |
| Recurring financial charges | 65 | €874 | €497 | -€377 | -43.1% |
| Profit (loss) for the period before taxes | 9903 | €47,586 | €80,244 | +€32,659 | +68.6% |
| Transfer from deferred taxes | 780 | €1,620 | €1,620 | = | 0.0% |
| Income taxes | 67/77 | €15,338 | €25,933 | +€10,595 | +69.1% |
| Profit (loss) for the period | 9904 | €33,868 | €55,932 | +€22,064 | +65.1% |
| Transfer from tax-exempt reserves | 789 | €4,861 | €4,861 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €38,729 | €60,792 | +€22,064 | +57.0% |
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 27 October 2026 via checked.be.