HANOBEL: 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.
What changed
HANOBEL
NACE 47.716, Retail sale of clothing and accessories for women, men, children and babies (general range)
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€343,965
2024 · €323,664+€20,300
Equity
€741,082
2024 · €772,117-€31,035
Cash
€959,090
2024 · €908,378+€50,713
Balance sheet total
€1.6m
2024 · €1.7m-€31,853
Largest movements
Assets
- Tangible fixed assets -€108,893
down €108,893 (-23.2%), from €468,959 to €360,065
of which Plant, machinery and equipment: -€103,440
- Cash +€50,713
up €50,713 (+5.6%), from €908,378 to €959,090
mainly Net result for the year (+€343,965) and Depreciation (+€109,311)
- Stocks and contracts +€29,891
up €29,891 (+14.5%), from €206,484 to €236,375
Equity and liabilities
- Debts after one year -€110,000
no longer reported in 2025 (was €110,000)
- Other debts +€75,000
up €75,000 (+25.0%), from €300,000 to €375,000
- Profit (loss) carried forward -€31,035
down €31,035 (-96.6%), from €32,117 to €1,082
- Tax, wage and social debts +€27,110
up €27,110 (+22.6%), from €119,778 to €146,888
of which Taxes: +€27,120
Income statement
- Turnover +€3.1m
new in 2025: €3.1m
- Purchases and services +€2.2m
new in 2025: €2.2m
- Gross operating margin +€39,761
up €39,761 (+4.6%), from €860,949 to €900,710
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.
Result 2024
€323,664
Gross operating margin
+€39,761
Staff costs
-€13,549
Depreciation
+€16,831
Write-downs
-€4,246
Provisions
-€3,622
Other operating charges
-€490
Financial income
-€7,387
Financial charges
-€90
Taxes
-€6,907
Result 2025
€343,965
raises the resultlowers the result
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.
From operations
+€545,713
Investment
€0
Financing
-€495,000
Cash 2024
€908,378
From operations (derived)
+€545,713
Net result for the year
+€343,965
Depreciation
+€109,311
Stocks and contracts
-€29,891
Receivables within one year
+€1,062
Deferred charges and accrued income
+€2,084
Provisions
+€7,423
Trade debts
+€1,039
Tax, wage and social debts
+€27,110
Advances received
+€8,603
Other debts
+€75,000
Accrued charges and deferred income
+€6
Financing
-€495,000
Debts after one year
-€110,000
Current portion of long-term debt
-€10,000
Contributions, distributions and other
-€375,000
Cash 2025
€959,090
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,650,563 | €1,618,710 | -€31,853 | -1.9% |
| Formation expenses | 20 | €669 | €251 | -€417 | -62.4% |
| Fixed assets | 21/28 | €469,159 | €360,265 | -€108,893 | -23.2% |
| Tangible fixed assets | 22/27 | €468,959 | €360,065 | -€108,893 | -23.2% |
| Plant, machinery and equipment | 23 | €456,640 | €353,200 | -€103,440 | -22.7% |
| Furniture and vehicles | 24 | €12,319 | €6,865 | -€5,454 | -44.3% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €1,180,736 | €1,258,193 | +€77,457 | +6.6% |
| Stocks and contracts in progress | 3 | €206,484 | €236,375 | +€29,891 | +14.5% |
| Stocks | 30/36 | €206,484 | €236,375 | +€29,891 | +14.5% |
| Amounts receivable within one year | 40/41 | €61,599 | €60,536 | -€1,062 | -1.7% |
| Trade receivables | 40 | €53,530 | €60,239 | +€6,709 | +12.5% |
| Other amounts receivable | 41 | €8,069 | €297 | -€7,772 | -96.3% |
| Cash at bank and in hand | 54/58 | €908,378 | €959,090 | +€50,713 | +5.6% |
| Deferred charges and accrued income | 490/1 | €4,275 | €2,192 | -€2,084 | -48.7% |
| Total equity and liabilities | 10/49 | €1,650,563 | €1,618,710 | -€31,853 | -1.9% |
| Equity | 10/15 | €772,117 | €741,082 | -€31,035 | -4.0% |
| Contributions | 10/11 | €400,000 | €400,000 | = | 0.0% |
| Capital | 10 | €400,000 | €400,000 | = | 0.0% |
| Issued capital | 100 | €400,000 | €400,000 | = | 0.0% |
| Reserves | 13 | €340,000 | €340,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €40,000 | €40,000 | = | 0.0% |
| Legal reserve | 130 | €40,000 | €40,000 | = | 0.0% |
| Distributable reserves | 133 | €300,000 | €300,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,117 | €1,082 | -€31,035 | -96.6% |
| Provisions and deferred taxes | 16 | €41,548 | €48,971 | +€7,423 | +17.9% |
| Provisions for liabilities and charges | 160/5 | €41,548 | €48,971 | +€7,423 | +17.9% |
| Other liabilities and charges | 164/5 | €41,548 | €48,971 | +€7,423 | +17.9% |
| Amounts payable | 17/49 | €836,898 | €828,657 | -€8,241 | -1.0% |
| Amounts payable after more than one year | 17 | €110,000 | - | -€110,000 | |
| Financial debts | 170/4 | €110,000 | - | -€110,000 | |
| Amounts payable within one year | 42/48 | €726,861 | €828,614 | +€101,753 | +14.0% |
| Current portion of amounts payable after more than one year | 42 | €120,000 | €110,000 | -€10,000 | -8.3% |
| Trade debts | 44 | €131,159 | €132,199 | +€1,039 | +0.8% |
| Suppliers | 440/4 | €131,159 | €132,199 | +€1,039 | +0.8% |
| Advances received on contracts in progress | 46 | €55,924 | €64,527 | +€8,603 | +15.4% |
| Taxes, remuneration and social security | 45 | €119,778 | €146,888 | +€27,110 | +22.6% |
| Taxes | 450/3 | €75,988 | €103,107 | +€27,120 | +35.7% |
| Remuneration and social security | 454/9 | €43,790 | €43,781 | -€9 | 0.0% |
| Other amounts payable | 47/48 | €300,000 | €375,000 | +€75,000 | +25.0% |
| Accrued charges and deferred income | 492/3 | €37 | €44 | +€6 | +16.6% |
| Turnover | 70 | - | €3,058,088 | +€3.1m | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €2,168,707 | +€2.2m | |
| Remuneration, social security and pensions | 62 | €315,042 | €328,591 | +€13,549 | +4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €126,142 | €109,311 | -€16,831 | -13.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€1,076 | €3,171 | +€4,246 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €3,801 | €7,423 | +€3,622 | +95.3% |
| Other operating charges | 640/8 | €16,098 | €16,587 | +€490 | +3.0% |
| Gross operating margin | 9900 | €860,949 | €900,710 | +€39,761 | +4.6% |
| Operating profit (loss) | 9901 | €400,943 | €435,627 | +€34,684 | +8.7% |
| Financial income | 75/76B | €36,970 | €29,582 | -€7,387 | -20.0% |
| Recurring financial income | 75 | €36,970 | €29,582 | -€7,387 | -20.0% |
| Financial charges | 65/66B | €4,941 | €5,031 | +€90 | +1.8% |
| Recurring financial charges | 65 | €4,941 | €5,031 | +€90 | +1.8% |
| Profit (loss) for the period before taxes | 9903 | €432,971 | €460,179 | +€27,207 | +6.3% |
| Income taxes | 67/77 | €109,307 | €116,214 | +€6,907 | +6.3% |
| Profit (loss) for the period | 9904 | €323,664 | €343,965 | +€20,300 | +6.3% |
| Profit (loss) for the period to be appropriated | 9905 | €323,664 | €343,965 | +€20,300 | +6.3% |
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 15 October 2026 via checked.be.