HANNUT COOLING: 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.
HANNUT COOLING
Largest movements
- Tangible fixed assets +€220,520
up €220,520 (+10.0%), from €2.2m to €2.4m
of which Land and buildings: +€220,706
- Cash +€74,963
up €74,963 (+246%), from €30,448 to €105,411
mainly Trade debts (+€192,273) and Depreciation (+€149,493)
- Receivables within one year -€33,620
down €33,620 (-7.7%), from €434,003 to €400,383
of which Trade receivables: -€66,343
- Trade debts +€192,273
up €192,273 (+228%), from €84,441 to €276,714
- Reserves +€61,823
new in 2025: €61,823
- Depreciation -€134,849
down €134,849 (-47.4%), from €284,343 to €149,493
- Gross operating margin -€61,588
down €61,588 (-17.0%), from €361,535 to €299,946
- Financial charges -€8,599
down €8,599 (-11.3%), from €76,231 to €67,633
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 | €2,665,701 | €2,927,607 | +€261,905 | +9.8% |
| Fixed assets | 21/28 | €2,196,397 | €2,416,917 | +€220,520 | +10.0% |
| Tangible fixed assets | 22/27 | €2,196,397 | €2,416,917 | +€220,520 | +10.0% |
| Land and buildings | 22 | €2,051,134 | €2,271,840 | +€220,706 | +10.8% |
| Plant, machinery and equipment | 23 | €145,263 | €145,077 | -€186 | -0.1% |
| Current assets | 29/58 | €469,304 | €510,689 | +€41,385 | +8.8% |
| Amounts receivable within one year | 40/41 | €434,003 | €400,383 | -€33,620 | -7.7% |
| Trade receivables | 40 | €434,003 | €367,659 | -€66,343 | -15.3% |
| Other amounts receivable | 41 | - | €32,724 | +€32,724 | |
| Cash at bank and in hand | 54/58 | €30,448 | €105,411 | +€74,963 | +246% |
| Deferred charges and accrued income | 490/1 | €4,853 | €4,895 | +€42 | +0.9% |
| Total equity and liabilities | 10/49 | €2,665,701 | €2,927,607 | +€261,905 | +9.8% |
| Equity | 10/15 | €140,442 | €211,823 | +€71,382 | +50.8% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | - | €61,823 | +€61,823 | |
| Distributable reserves | 133 | - | €61,823 | +€61,823 | |
| Profit (loss) carried forward | 14 | -€9,558 | €0 | +€9,558 | |
| Amounts payable | 17/49 | €2,525,260 | €2,715,783 | +€190,524 | +7.5% |
| Amounts payable after more than one year | 17 | €2,044,674 | €2,046,585 | +€1,911 | +0.1% |
| Financial debts | 170/4 | €2,044,674 | €2,046,585 | +€1,911 | +0.1% |
| Amounts payable within one year | 42/48 | €480,586 | €669,198 | +€188,612 | +39.2% |
| Current portion of amounts payable after more than one year | 42 | €114,459 | €117,955 | +€3,496 | +3.1% |
| Trade debts | 44 | €84,441 | €276,714 | +€192,273 | +228% |
| Suppliers | 440/4 | €84,441 | €276,714 | +€192,273 | +228% |
| Taxes, remuneration and social security | 45 | €42,267 | €13,506 | -€28,762 | -68.0% |
| Taxes | 450/3 | €42,267 | €13,506 | -€28,762 | -68.0% |
| Other amounts payable | 47/48 | €239,418 | €261,023 | +€21,605 | +9.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €284,343 | €149,493 | -€134,849 | -47.4% |
| Other operating charges | 640/8 | €10,519 | €11,439 | +€920 | +8.7% |
| Gross operating margin | 9900 | €361,535 | €299,946 | -€61,588 | -17.0% |
| Operating profit (loss) | 9901 | €66,673 | €139,014 | +€72,341 | +109% |
| Financial charges | 65/66B | €76,231 | €67,633 | -€8,599 | -11.3% |
| Recurring financial charges | 65 | €76,231 | €67,633 | -€8,599 | -11.3% |
| Profit (loss) for the period before taxes | 9903 | -€9,558 | €71,382 | +€80,940 | |
| Profit (loss) for the period | 9904 | -€9,558 | €71,382 | +€80,940 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,558 | €71,382 | +€80,940 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.