Hans Candries: 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.
Hans Candries
Largest movements
- Receivables within one year +€118,988
up €118,988 (+46.6%), from €255,400 to €374,388
of which Trade receivables: +€126,738
- Cash -€109,594
down €109,594 (-19.2%), from €569,564 to €459,970
mainly Contributions, distributions and other (-€725,000) and Receivables within one year (-€118,988)
- Tangible fixed assets +€58,887
up €58,887 (+680%), from €8,655 to €67,542
- Current investments +€16,260
up €16,260 (+7.5%), from €216,255 to €232,515
- Other debts +€96,329
up €96,329 (+22.6%), from €426,473 to €522,802
- Tax, wage and social debts +€52,893
up €52,893 (+60.3%), from €87,717 to €140,610
- Reserves -€51,623
down €51,623 (-8.0%), from €642,260 to €590,637
- Debts after one year -€14,453
down €14,453 (-30.2%), from €47,841 to €33,388
- Gross operating margin +€216,411
up €216,411 (+31.9%), from €678,721 to €895,132
- Taxes +€52,422
up €52,422 (+31.2%), from €168,010 to €220,432
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 | €1,242,001 | €1,325,876 | +€83,874 | +6.8% |
| Fixed assets | 21/28 | €8,655 | €67,542 | +€58,887 | +680% |
| Tangible fixed assets | 22/27 | €8,655 | €67,542 | +€58,887 | +680% |
| Furniture and vehicles | 24 | €8,655 | €67,542 | +€58,887 | +680% |
| Current assets | 29/58 | €1,233,346 | €1,258,333 | +€24,987 | +2.0% |
| Amounts receivable after more than one year | 29 | €190,000 | €190,000 | = | 0.0% |
| Other amounts receivable | 291 | €190,000 | €190,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €255,400 | €374,388 | +€118,988 | +46.6% |
| Trade receivables | 40 | €247,240 | €373,977 | +€126,738 | +51.3% |
| Other amounts receivable | 41 | €8,161 | €411 | -€7,749 | -95.0% |
| Current investments | 50/53 | €216,255 | €232,515 | +€16,260 | +7.5% |
| Cash at bank and in hand | 54/58 | €569,564 | €459,970 | -€109,594 | -19.2% |
| Deferred charges and accrued income | 490/1 | €2,128 | €1,460 | -€667 | -31.4% |
| Total equity and liabilities | 10/49 | €1,242,001 | €1,325,876 | +€83,874 | +6.8% |
| Equity | 10/15 | €660,810 | €609,187 | -€51,623 | -7.8% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €642,260 | €590,637 | -€51,623 | -8.0% |
| Distributable reserves | 133 | €642,260 | €590,637 | -€51,623 | -8.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €581,192 | €716,689 | +€135,497 | +23.3% |
| Amounts payable after more than one year | 17 | €47,841 | €33,388 | -€14,453 | -30.2% |
| Financial debts | 170/4 | €47,841 | €33,388 | -€14,453 | -30.2% |
| Amounts payable within one year | 42/48 | €532,577 | €683,300 | +€150,723 | +28.3% |
| Current portion of amounts payable after more than one year | 42 | €14,221 | €14,453 | +€232 | +1.6% |
| Financial debts | 43 | €1,310 | €2,592 | +€1,282 | +97.9% |
| Credit institutions | 430/8 | €1,310 | €2,592 | +€1,282 | +97.9% |
| Trade debts | 44 | €2,856 | €2,844 | -€13 | -0.4% |
| Suppliers | 440/4 | €2,856 | €2,844 | -€13 | -0.4% |
| Taxes, remuneration and social security | 45 | €87,717 | €140,610 | +€52,893 | +60.3% |
| Taxes | 450/3 | €87,717 | €140,610 | +€52,893 | +60.3% |
| Other amounts payable | 47/48 | €426,473 | €522,802 | +€96,329 | +22.6% |
| Accrued charges and deferred income | 492/3 | €774 | €0 | -€774 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,983 | €13,301 | +€3,318 | +33.2% |
| Other operating charges | 640/8 | €1,747 | €1,818 | +€70 | +4.0% |
| Gross operating margin | 9900 | €678,721 | €895,132 | +€216,411 | +31.9% |
| Operating profit (loss) | 9901 | €666,990 | €880,013 | +€213,023 | +31.9% |
| Financial income | 75/76B | €10,917 | €15,180 | +€4,263 | +39.1% |
| Recurring financial income | 75 | €10,917 | €15,180 | +€4,263 | +39.1% |
| Financial charges | 65/66B | €1,480 | €1,383 | -€97 | -6.6% |
| Recurring financial charges | 65 | €1,480 | €1,383 | -€97 | -6.6% |
| Profit (loss) for the period before taxes | 9903 | €676,426 | €893,810 | +€217,383 | +32.1% |
| Income taxes | 67/77 | €168,010 | €220,432 | +€52,422 | +31.2% |
| Profit (loss) for the period | 9904 | €508,416 | €673,377 | +€164,961 | +32.4% |
| Profit (loss) for the period to be appropriated | 9905 | €508,416 | €673,377 | +€164,961 | +32.4% |
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 22 October 2026 via checked.be.