HANNIC VHD: 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.
HANNIC VHD
Largest movements
- Tangible fixed assets +€436,349
up €436,349 (+10.2%), from €4.3m to €4.7m
of which Land and buildings: +€442,690
- Receivables within one year +€197,626
up €197,626 (+64.6%), from €305,737 to €503,363
of which Other amounts receivable: +€197,500
- Reserves +€530,586
up €530,586 (+40.9%), from €1.3m to €1.8m
of which Distributable reserves: +€530,586
- Other debts +€170,693
up €170,693 (+22.6%), from €753,647 to €924,341
- Debts after one year -€93,254
down €93,254 (-5.8%), from €1.6m to €1.5m
- Gross operating margin +€109,820
up €109,820 (+11.8%), from €928,581 to €1.0m
- Depreciation +€22,678
up €22,678 (+8.7%), from €260,173 to €282,851
- Taxes +€21,820
up €21,820 (+15.5%), from €141,095 to €162,916
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,294,649 | €5,936,324 | +€641,676 | +12.1% |
| Fixed assets | 21/28 | €4,598,751 | €5,035,100 | +€436,349 | +9.5% |
| Tangible fixed assets | 22/27 | €4,286,251 | €4,722,600 | +€436,349 | +10.2% |
| Land and buildings | 22 | €4,269,314 | €4,712,004 | +€442,690 | +10.4% |
| Furniture and vehicles | 24 | €16,937 | €10,596 | -€6,340 | -37.4% |
| Financial fixed assets | 28 | €312,500 | €312,500 | = | 0.0% |
| Current assets | 29/58 | €695,897 | €901,224 | +€205,327 | +29.5% |
| Amounts receivable within one year | 40/41 | €305,737 | €503,363 | +€197,626 | +64.6% |
| Trade receivables | 40 | €3,237 | €3,363 | +€126 | +3.9% |
| Other amounts receivable | 41 | €302,500 | €500,000 | +€197,500 | +65.3% |
| Current investments | 50/53 | €48,776 | - | -€48,776 | |
| Cash at bank and in hand | 54/58 | €339,070 | €395,221 | +€56,151 | +16.6% |
| Deferred charges and accrued income | 490/1 | €2,315 | €2,640 | +€325 | +14.1% |
| Total equity and liabilities | 10/49 | €5,294,649 | €5,936,324 | +€641,676 | +12.1% |
| Equity | 10/15 | €2,797,504 | €3,328,091 | +€530,586 | +19.0% |
| Contributions | 10/11 | €1,500,000 | €1,500,000 | = | 0.0% |
| Capital | 10 | €1,500,000 | €1,500,000 | = | 0.0% |
| Issued capital | 100 | €1,500,000 | €1,500,000 | = | 0.0% |
| Reserves | 13 | €1,297,504 | €1,828,091 | +€530,586 | +40.9% |
| Non-distributable reserves | 130/1 | €150,000 | €150,000 | = | 0.0% |
| Legal reserve | 130 | €150,000 | €150,000 | = | 0.0% |
| Distributable reserves | 133 | €1,147,504 | €1,678,091 | +€530,586 | +46.2% |
| Amounts payable | 17/49 | €2,497,144 | €2,608,234 | +€111,090 | +4.4% |
| Amounts payable after more than one year | 17 | €1,619,260 | €1,526,006 | -€93,254 | -5.8% |
| Financial debts | 170/4 | €1,619,260 | €1,526,006 | -€93,254 | -5.8% |
| Amounts payable within one year | 42/48 | €858,251 | €1,076,683 | +€218,432 | +25.5% |
| Current portion of amounts payable after more than one year | 42 | €92,050 | €93,254 | +€1,204 | +1.3% |
| Trade debts | 44 | €12,554 | €39,089 | +€26,535 | +211% |
| Suppliers | 440/4 | €12,554 | €39,089 | +€26,535 | +211% |
| Taxes, remuneration and social security | 45 | - | €20,000 | +€20,000 | |
| Taxes | 450/3 | - | €20,000 | +€20,000 | |
| Other amounts payable | 47/48 | €753,647 | €924,341 | +€170,693 | +22.6% |
| Accrued charges and deferred income | 492/3 | €19,634 | €5,545 | -€14,089 | -71.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €260,173 | €282,851 | +€22,678 | +8.7% |
| Other operating charges | 640/8 | €35,767 | €37,235 | +€1,468 | +4.1% |
| Gross operating margin | 9900 | €928,581 | €1,038,402 | +€109,820 | +11.8% |
| Operating profit (loss) | 9901 | €632,642 | €718,316 | +€85,674 | +13.5% |
| Financial income | 75/76B | €797 | €969 | +€172 | +21.5% |
| Recurring financial income | 75 | €797 | €969 | +€172 | +21.5% |
| Financial charges | 65/66B | €23,012 | €25,783 | +€2,770 | +12.0% |
| Recurring financial charges | 65 | €23,012 | €25,783 | +€2,770 | +12.0% |
| Profit (loss) for the period before taxes | 9903 | €610,426 | €693,502 | +€83,076 | +13.6% |
| Income taxes | 67/77 | €141,095 | €162,916 | +€21,820 | +15.5% |
| Profit (loss) for the period | 9904 | €469,331 | €530,586 | +€61,255 | +13.1% |
| Profit (loss) for the period to be appropriated | 9905 | €469,331 | €530,586 | +€61,255 | +13.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.