HANOCA: 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.
HANOCA
Largest movements
- Cash +€2,867
up €2,867 (+30.6%), from €9,375 to €12,242
mainly Net result for the year (+€1,632) and Depreciation (+€951)
- Tangible fixed assets -€951
down €951 (-71.5%), from €1,330 to €379
- Receivables within one year -€306
down €306 (-96.3%), from €318 to €12
of which Trade receivables: -€318
- Reserves +€1,632
up €1,632 (+34.0%), from €4,801 to €6,433
of which Distributable reserves: +€1,632
- Gross operating margin +€4,251
up €4,251, from -€1,317 to €2,934
- Depreciation -€129
down €129 (-11.9%), from €1,080 to €951
- Other operating charges +€40
up €40 (+23.0%), from €172 to €212
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 | €11,023 | €12,633 | +€1,610 | +14.6% |
| Fixed assets | 21/28 | €1,330 | €379 | -€951 | -71.5% |
| Tangible fixed assets | 22/27 | €1,330 | €379 | -€951 | -71.5% |
| Plant, machinery and equipment | 23 | €1,330 | €379 | -€951 | -71.5% |
| Current assets | 29/58 | €9,693 | €12,254 | +€2,561 | +26.4% |
| Amounts receivable within one year | 40/41 | €318 | €12 | -€306 | -96.3% |
| Trade receivables | 40 | €318 | - | -€318 | |
| Other amounts receivable | 41 | - | €12 | +€12 | |
| Cash at bank and in hand | 54/58 | €9,375 | €12,242 | +€2,867 | +30.6% |
| Total equity and liabilities | 10/49 | €11,023 | €12,633 | +€1,610 | +14.6% |
| Equity | 10/15 | €11,001 | €12,633 | +€1,632 | +14.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €4,801 | €6,433 | +€1,632 | +34.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €2,941 | €4,573 | +€1,632 | +55.5% |
| Amounts payable | 17/49 | €22 | - | -€22 | |
| Amounts payable within one year | 42/48 | €22 | - | -€22 | |
| Taxes, remuneration and social security | 45 | €22 | - | -€22 | |
| Taxes | 450/3 | €22 | - | -€22 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,080 | €951 | -€129 | -11.9% |
| Other operating charges | 640/8 | €172 | €212 | +€40 | +23.0% |
| Gross operating margin | 9900 | -€1,317 | €2,934 | +€4,251 | |
| Operating profit (loss) | 9901 | -€2,570 | €1,770 | +€4,340 | |
| Financial charges | 65/66B | €127 | €138 | +€12 | +9.2% |
| Recurring financial charges | 65 | €127 | €138 | +€12 | +9.2% |
| Profit (loss) for the period before taxes | 9903 | -€2,696 | €1,632 | +€4,328 | |
| Profit (loss) for the period | 9904 | -€2,696 | €1,632 | +€4,328 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,696 | €1,632 | +€4,328 |
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 11 October 2026 via checked.be.