HANS CARPELS: 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.
What changed
HANS CARPELS
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€238,374
2024 · €235,955+€2,419
Equity
€1.5m
2024 · €1.7m-€205,439
Cash
€314,801
2024 · €311,160+€3,641
Balance sheet total
€1.7m
2024 · €1.9m-€181,923
Largest movements
Assets
- Receivables within one year -€115,722
down €115,722 (-97.0%), from €119,312 to €3,590
of which Trade receivables: -€77,363
- Tangible fixed assets -€71,240
down €71,240 (-5.4%), from €1.3m to €1.3m
of which Land and buildings: -€61,385
Equity and liabilities
- Reserves -€205,439
down €205,439 (-11.9%), from €1.7m to €1.5m
- Other debts +€77,041
up €77,041, from €0 to €77,041
- Tax, wage and social debts -€58,785
down €58,785 (-46.9%), from €125,390 to €66,605
Income statement
- Gross operating margin +€8,475
up €8,475 (+1.9%), from €439,700 to €448,175
- Taxes +€6,617
up €6,617 (+6.1%), from €108,844 to €115,461
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
€235,955
Gross operating margin
+€8,475
Depreciation
+€1,363
Other operating charges
+€3,961
Financial income
-€1,132
Financial charges
-€3,631
Taxes
-€6,617
Result 2025
€238,374
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.
From operations
+€449,776
Investment
+€3,947
Financing
-€450,082
Cash 2024
€311,160
From operations (derived)
+€449,776
Net result for the year
+€238,374
Depreciation
+€67,292
Receivables after one year
-€2,386
Receivables within one year
+€115,722
Deferred charges and accrued income
+€989
Trade debts
+€11,529
Tax, wage and social debts
-€58,785
Other debts
+€77,041
Investment (derived)
+€3,947
Investment in fixed assets (net)
+€3,947
Financing
-€450,082
Short-term financial debts
-€6,268
Contributions, distributions and other
-€443,813
Cash 2025
€314,801
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,866,252 | €1,684,329 | -€181,923 | -9.7% |
| Fixed assets | 21/28 | €1,333,331 | €1,262,091 | -€71,240 | -5.3% |
| Tangible fixed assets | 22/27 | €1,329,731 | €1,258,491 | -€71,240 | -5.4% |
| Land and buildings | 22 | €1,280,035 | €1,218,650 | -€61,385 | -4.8% |
| Plant, machinery and equipment | 23 | €7,978 | €7,678 | -€299 | -3.8% |
| Furniture and vehicles | 24 | €17,208 | €7,653 | -€9,555 | -55.5% |
| Other tangible fixed assets | 26 | €24,510 | €24,510 | = | 0.0% |
| Financial fixed assets | 28 | €3,600 | €3,600 | = | 0.0% |
| Current assets | 29/58 | €532,921 | €422,238 | -€110,683 | -20.8% |
| Amounts receivable after more than one year | 29 | €93,697 | €96,083 | +€2,386 | +2.5% |
| Other amounts receivable | 291 | €93,697 | €96,083 | +€2,386 | +2.5% |
| Amounts receivable within one year | 40/41 | €119,312 | €3,590 | -€115,722 | -97.0% |
| Trade receivables | 40 | €77,363 | €0 | -€77,363 | -100.0% |
| Other amounts receivable | 41 | €41,949 | €3,590 | -€38,359 | -91.4% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €311,160 | €314,801 | +€3,641 | +1.2% |
| Deferred charges and accrued income | 490/1 | €8,752 | €7,763 | -€989 | -11.3% |
| Total equity and liabilities | 10/49 | €1,866,252 | €1,684,329 | -€181,923 | -9.7% |
| Equity | 10/15 | €1,728,438 | €1,522,999 | -€205,439 | -11.9% |
| Reserves | 13 | €1,728,438 | €1,522,999 | -€205,439 | -11.9% |
| Distributable reserves | 133 | €1,728,438 | €1,522,999 | -€205,439 | -11.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €137,814 | €161,330 | +€23,516 | +17.1% |
| Amounts payable within one year | 42/48 | €137,814 | €161,330 | +€23,516 | +17.1% |
| Financial debts | 43 | €7,758 | €1,489 | -€6,268 | -80.8% |
| Credit institutions | 430/8 | €7,758 | €1,489 | -€6,268 | -80.8% |
| Trade debts | 44 | €4,666 | €16,195 | +€11,529 | +247.1% |
| Suppliers | 440/4 | €4,666 | €16,195 | +€11,529 | +247.1% |
| Taxes, remuneration and social security | 45 | €125,390 | €66,605 | -€58,785 | -46.9% |
| Taxes | 450/3 | €125,390 | €66,605 | -€58,785 | -46.9% |
| Other amounts payable | 47/48 | €0 | €77,041 | +€77,041 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €68,655 | €67,292 | -€1,363 | -2.0% |
| Other operating charges | 640/8 | €8,375 | €4,414 | -€3,961 | -47.3% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €439,700 | €448,175 | +€8,475 | +1.9% |
| Operating profit (loss) | 9901 | €362,670 | €376,468 | +€13,798 | +3.8% |
| Financial income | 75/76B | €4,110 | €2,979 | -€1,132 | -27.5% |
| Recurring financial income | 75 | €4,110 | €2,979 | -€1,132 | -27.5% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €21,982 | €25,612 | +€3,631 | +16.5% |
| Recurring financial charges | 65 | €21,982 | €25,612 | +€3,631 | +16.5% |
| Profit (loss) for the period before taxes | 9903 | €344,798 | €353,834 | +€9,036 | +2.6% |
| Income taxes | 67/77 | €108,844 | €115,461 | +€6,617 | +6.1% |
| Profit (loss) for the period | 9904 | €235,955 | €238,374 | +€2,419 | +1.0% |
| Profit (loss) for the period to be appropriated | 9905 | €235,955 | €238,374 | +€2,419 | +1.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.