HANS AERTS: what changed
What changed
HANS AERTS
NACE 43.410, Roofing work
filed annual accounts (NBB)
Net result for the year
€42,882
2024 · €32,787+€10,096
Equity
€857,241
2024 · €814,359+€42,882
Cash
€649,996
2024 · €321,408+€328,588
Balance sheet total
€927,339
2024 · €902,947+€24,392
Largest movements
Assets
- Cash +€328,588
up €328,588 (+102%), from €321,408 to €649,996
mainly Current investments (+€250,000) and Depreciation (+€44,215)
- Current investments -€250,000
down €250,000 (-100%), from €250,000 to €0
- Tangible fixed assets -€44,215
down €44,215 (-18.7%), from €236,579 to €192,365
of which Furniture and vehicles: -€35,623
Equity and liabilities
- Reserves +€42,880
up €42,880 (+5.4%), from €794,270 to €837,150
of which Distributable reserves: +€42,880
- Debts after one year -€15,050
down €15,050 (-79.6%), from €18,907 to €3,857
Income statement
- Staff costs -€34,068
down €34,068 (-28.6%), from €119,258 to €85,190
- Gross operating margin -€17,692
down €17,692 (-8.6%), from €206,193 to €188,501
- Taxes +€4,531
up €4,531 (+35.4%), from €12,795 to €17,326
- Depreciation +€3,989
up €3,989 (+9.9%), from €40,226 to €44,215
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€32,787
Gross operating margin
-€17,692
Staff costs
+€34,068
Depreciation
-€3,989
Other operating charges
+€1,544
Financial income
-€147
Financial charges
+€842
Taxes
-€4,531
Result 2025
€42,882
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€93,050
Investment
+€250,000
Financing
-€14,462
Cash 2024
€321,408
From operations (derived)
+€93,050
Net result for the year
+€42,882
Depreciation
+€44,215
Stocks and contracts
-€802
Receivables within one year
+€6,749
Deferred charges and accrued income
+€4,034
Trade debts
-€2,079
Tax, wage and social debts
-€4,780
Other debts
+€2,831
Investment (derived)
+€250,000
Current investments
+€250,000
Financing
-€14,462
Debts after one year
-€15,050
Current portion of long-term debt
+€588
Cash 2025
€649,996
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €902,947 | €927,339 | +€24,392 | +2.7% |
| Fixed assets | 21/28 | €236,616 | €192,401 | -€44,215 | -18.7% |
| Tangible fixed assets | 22/27 | €236,579 | €192,365 | -€44,215 | -18.7% |
| Land and buildings | 22 | €95,668 | €89,565 | -€6,103 | -6.4% |
| Plant, machinery and equipment | 23 | €1,768 | €1,563 | -€204 | -11.6% |
| Furniture and vehicles | 24 | €135,261 | €99,638 | -€35,623 | -26.3% |
| Other tangible fixed assets | 26 | €3,883 | €1,598 | -€2,285 | -58.8% |
| Financial fixed assets | 28 | €37 | €37 | = | 0.0% |
| Current assets | 29/58 | €666,331 | €734,937 | +€68,607 | +10.3% |
| Stocks and contracts in progress | 3 | €8,110 | €8,912 | +€802 | +9.9% |
| Stocks | 30/36 | €8,110 | €8,912 | +€802 | +9.9% |
| Amounts receivable within one year | 40/41 | €73,709 | €66,959 | -€6,749 | -9.2% |
| Trade receivables | 40 | €63,954 | €56,725 | -€7,229 | -11.3% |
| Other amounts receivable | 41 | €9,755 | €10,234 | +€480 | +4.9% |
| Current investments | 50/53 | €250,000 | €0 | -€250,000 | -100% |
| Cash at bank and in hand | 54/58 | €321,408 | €649,996 | +€328,588 | +102% |
| Deferred charges and accrued income | 490/1 | €13,104 | €9,070 | -€4,034 | -30.8% |
| Total equity and liabilities | 10/49 | €902,947 | €927,339 | +€24,392 | +2.7% |
| Equity | 10/15 | €814,359 | €857,241 | +€42,882 | +5.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €794,270 | €837,150 | +€42,880 | +5.4% |
| Tax-exempt reserves | 132 | €15,000 | €15,000 | = | 0.0% |
| Distributable reserves | 133 | €779,270 | €822,150 | +€42,880 | +5.5% |
| Profit (loss) carried forward | 14 | €89 | €91 | +€2 | +2.6% |
| Amounts payable | 17/49 | €88,588 | €70,098 | -€18,491 | -20.9% |
| Amounts payable after more than one year | 17 | €18,907 | €3,857 | -€15,050 | -79.6% |
| Financial debts | 170/4 | €18,907 | €3,857 | -€15,050 | -79.6% |
| Amounts payable within one year | 42/48 | €69,681 | €66,241 | -€3,440 | -4.9% |
| Current portion of amounts payable after more than one year | 42 | €14,462 | €15,050 | +€588 | +4.1% |
| Trade debts | 44 | €38,756 | €36,677 | -€2,079 | -5.4% |
| Suppliers | 440/4 | €38,756 | €36,677 | -€2,079 | -5.4% |
| Taxes, remuneration and social security | 45 | €10,266 | €5,486 | -€4,780 | -46.6% |
| Taxes | 450/3 | €4,603 | €5,486 | +€883 | +19.2% |
| Remuneration and social security | 454/9 | €5,663 | €0 | -€5,663 | -100% |
| Other amounts payable | 47/48 | €6,197 | €9,028 | +€2,831 | +45.7% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €119,258 | €85,190 | -€34,068 | -28.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,226 | €44,215 | +€3,989 | +9.9% |
| Other operating charges | 640/8 | €7,251 | €5,707 | -€1,544 | -21.3% |
| Gross operating margin | 9900 | €206,193 | €188,501 | -€17,692 | -8.6% |
| Operating profit (loss) | 9901 | €39,457 | €53,390 | +€13,933 | +35.3% |
| Financial income | 75/76B | €8,608 | €8,461 | -€147 | -1.7% |
| Recurring financial income | 75 | €8,608 | €8,461 | -€147 | -1.7% |
| Financial charges | 65/66B | €2,484 | €1,642 | -€842 | -33.9% |
| Recurring financial charges | 65 | €2,484 | €1,642 | -€842 | -33.9% |
| Profit (loss) for the period before taxes | 9903 | €45,581 | €60,209 | +€14,627 | +32.1% |
| Income taxes | 67/77 | €12,795 | €17,326 | +€4,531 | +35.4% |
| Profit (loss) for the period | 9904 | €32,787 | €42,882 | +€10,096 | +30.8% |
| Profit (loss) for the period to be appropriated | 9905 | €32,787 | €42,882 | +€10,096 | +30.8% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.