HANNO: what changed
Two fiscal 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.
HANNO
Largest movements
- Cash +€70,018
up €70,018 (+25.4%), from €276,048 to €346,065
mainly Other debts (+€233,446) and Net result for the year (+€132,726)
- Receivables within one year -€31,111
down €31,111 (-16.8%), from €184,767 to €153,656
of which Other amounts receivable: -€31,926
- Other debts +€233,446
up €233,446, from €0 to €233,446
- Reserves -€181,503
down €181,503 (-32.4%), from €560,904 to €379,400
- Tax, wage and social debts -€12,585
down €12,585 (-44.4%), from €28,324 to €15,739
- Gross operating margin +€18,934
up €18,934 (+11.3%), from €167,013 to €185,946
- Taxes +€5,057
up €5,057 (+9.5%), from €53,125 to €58,181
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.
Cash bridge derived
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 | €589,507 | €630,130 | +€40,624 | +6.9% |
| Fixed assets | 21/28 | - | €2,096 | +€2,096 | |
| Tangible fixed assets | 22/27 | - | €2,096 | +€2,096 | |
| Furniture and vehicles | 24 | - | €2,096 | +€2,096 | |
| Current assets | 29/58 | €589,507 | €628,034 | +€38,527 | +6.5% |
| Amounts receivable after more than one year | 29 | €50,000 | €50,000 | = | 0.0% |
| Other amounts receivable | 291 | €50,000 | €50,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €184,767 | €153,656 | -€31,111 | -16.8% |
| Trade receivables | 40 | €25,955 | €26,769 | +€815 | +3.1% |
| Other amounts receivable | 41 | €158,812 | €126,886 | -€31,926 | -20.1% |
| Current investments | 50/53 | €77,201 | €77,201 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €276,048 | €346,065 | +€70,018 | +25.4% |
| Deferred charges and accrued income | 490/1 | €1,491 | €1,112 | -€380 | -25.5% |
| Total equity and liabilities | 10/49 | €589,507 | €630,130 | +€40,624 | +6.9% |
| Equity | 10/15 | €560,904 | €379,400 | -€181,503 | -32.4% |
| Contributions | 10/11 | €0 | - | = | |
| Reserves | 13 | €560,904 | €379,400 | -€181,503 | -32.4% |
| Distributable reserves | 133 | €560,904 | €379,400 | -€181,503 | -32.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €28,603 | €250,730 | +€222,127 | +776.6% |
| Amounts payable within one year | 42/48 | €28,603 | €250,730 | +€222,127 | +776.6% |
| Trade debts | 44 | €279 | €1,545 | +€1,266 | +453.8% |
| Suppliers | 440/4 | €279 | €1,545 | +€1,266 | +453.8% |
| Taxes, remuneration and social security | 45 | €28,324 | €15,739 | -€12,585 | -44.4% |
| Taxes | 450/3 | €28,324 | €15,739 | -€12,585 | -44.4% |
| Other amounts payable | 47/48 | €0 | €233,446 | +€233,446 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €495 | +€495 | |
| Other operating charges | 640/8 | €499 | €513 | +€14 | +2.8% |
| Gross operating margin | 9900 | €167,013 | €185,946 | +€18,934 | +11.3% |
| Operating profit (loss) | 9901 | €166,513 | €184,938 | +€18,425 | +11.1% |
| Financial income | 75/76B | €5,899 | €6,312 | +€414 | +7.0% |
| Recurring financial income | 75 | €5,899 | €6,312 | +€414 | +7.0% |
| Financial charges | 65/66B | €265 | €344 | +€79 | +29.6% |
| Recurring financial charges | 65 | €265 | €344 | +€79 | +29.6% |
| Profit (loss) for the period before taxes | 9903 | €172,147 | €190,907 | +€18,760 | +10.9% |
| Income taxes | 67/77 | €53,125 | €58,181 | +€5,057 | +9.5% |
| Profit (loss) for the period | 9904 | €119,022 | €132,726 | +€13,704 | +11.5% |
| Profit (loss) for the period to be appropriated | 9905 | €119,022 | €132,726 | +€13,704 | +11.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.