HANOU: 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.
HANOU
Largest movements
- Cash -€601,737
down €601,737 (-85.3%), from €705,097 to €103,360
mainly Debts after one year (-€355,558) and Receivables within one year (-€312,683)
- Receivables within one year +€312,683
up €312,683 (+140.4%), from €222,658 to €535,342
of which Other amounts receivable: +€318,977
- Tangible fixed assets -€24,503
down €24,503 (-3.9%), from €635,754 to €611,250
of which Other tangible fixed assets: -€28,429
- Debts after one year -€355,558
down €355,558 (-28.8%), from €1.2m to €878,782
of which Trade debts: -€327,938
- Other debts -€50,000
down €50,000 (-25.0%), from €200,000 to €150,000
- Trade debts +€48,759
up €48,759 (+44.7%), from €109,165 to €157,923
- Reserves +€39,442
up €39,442 (+25.0%), from €157,572 to €197,013
of which Distributable reserves: +€39,442
- Gross operating margin -€56,807
down €56,807 (-5.3%), from €1.1m to €1.0m
- Taxes +€32,081
up €32,081 (+20407.5%), from €157 to €32,238
- Staff costs +€16,078
up €16,078 (+2.9%), from €550,813 to €566,892
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 | €2,179,839 | €1,851,541 | -€328,298 | -15.1% |
| Fixed assets | 21/28 | €635,754 | €611,250 | -€24,503 | -3.9% |
| Tangible fixed assets | 22/27 | €635,754 | €611,250 | -€24,503 | -3.9% |
| Plant, machinery and equipment | 23 | €468,634 | €442,096 | -€26,539 | -5.7% |
| Furniture and vehicles | 24 | €16,979 | €47,443 | +€30,464 | +179.4% |
| Other tangible fixed assets | 26 | €150,140 | €121,711 | -€28,429 | -18.9% |
| Current assets | 29/58 | €1,544,086 | €1,240,291 | -€303,795 | -19.7% |
| Stocks and contracts in progress | 3 | €613,049 | €597,797 | -€15,252 | -2.5% |
| Stocks | 30/36 | €613,049 | €597,797 | -€15,252 | -2.5% |
| Amounts receivable within one year | 40/41 | €222,658 | €535,342 | +€312,683 | +140.4% |
| Trade receivables | 40 | €201,950 | €195,656 | -€6,293 | -3.1% |
| Other amounts receivable | 41 | €20,709 | €339,685 | +€318,977 | +1540.3% |
| Cash at bank and in hand | 54/58 | €705,097 | €103,360 | -€601,737 | -85.3% |
| Deferred charges and accrued income | 490/1 | €3,281 | €3,792 | +€512 | +15.6% |
| Total equity and liabilities | 10/49 | €2,179,839 | €1,851,541 | -€328,298 | -15.1% |
| Equity | 10/15 | €357,572 | €397,013 | +€39,442 | +11.0% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €157,572 | €197,013 | +€39,442 | +25.0% |
| Tax-exempt reserves | 132 | €1,696 | €1,696 | = | 0.0% |
| Distributable reserves | 133 | €155,876 | €195,317 | +€39,442 | +25.3% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €1,822,268 | €1,454,528 | -€367,740 | -20.2% |
| Amounts payable after more than one year | 17 | €1,234,340 | €878,782 | -€355,558 | -28.8% |
| Financial debts | 170/4 | €469,999 | €442,379 | -€27,620 | -5.9% |
| Trade debts | 175 | €764,341 | €436,403 | -€327,938 | -42.9% |
| Amounts payable within one year | 42/48 | €584,599 | €570,691 | -€13,908 | -2.4% |
| Current portion of amounts payable after more than one year | 42 | €173,558 | €170,329 | -€3,229 | -1.9% |
| Trade debts | 44 | €109,165 | €157,923 | +€48,759 | +44.7% |
| Suppliers | 440/4 | €109,165 | €157,923 | +€48,759 | +44.7% |
| Taxes, remuneration and social security | 45 | €101,876 | €92,438 | -€9,438 | -9.3% |
| Taxes | 450/3 | €7,851 | €0 | -€7,851 | -100.0% |
| Remuneration and social security | 454/9 | €94,025 | €92,438 | -€1,587 | -1.7% |
| Other amounts payable | 47/48 | €200,000 | €150,000 | -€50,000 | -25.0% |
| Accrued charges and deferred income | 492/3 | €3,328 | €5,055 | +€1,726 | +51.9% |
| Remuneration, social security and pensions | 62 | €550,813 | €566,892 | +€16,078 | +2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €184,369 | €194,649 | +€10,280 | +5.6% |
| Other operating charges | 640/8 | €3,523 | €4,283 | +€761 | +21.6% |
| Gross operating margin | 9900 | €1,063,420 | €1,006,613 | -€56,807 | -5.3% |
| Operating profit (loss) | 9901 | €324,715 | €240,789 | -€83,925 | -25.8% |
| Financial income | 75/76B | €19,773 | €10,053 | -€9,720 | -49.2% |
| Recurring financial income | 75 | €19,773 | €10,053 | -€9,720 | -49.2% |
| Financial charges | 65/66B | €28,297 | €29,163 | +€866 | +3.1% |
| Recurring financial charges | 65 | €28,297 | €29,163 | +€866 | +3.1% |
| Profit (loss) for the period before taxes | 9903 | €316,191 | €221,679 | -€94,512 | -29.9% |
| Income taxes | 67/77 | €157 | €32,238 | +€32,081 | +20407.5% |
| Profit (loss) for the period | 9904 | €316,034 | €189,442 | -€126,592 | -40.1% |
| Profit (loss) for the period to be appropriated | 9905 | €316,034 | €189,442 | -€126,592 | -40.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.