HANSAFLOR: 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.
HANSAFLOR
Largest movements
- Cash -€46,645
down €46,645 (-23.4%), from €199,634 to €152,988
mainly Contributions, distributions and other (-€107,596) and Debts after one year (-€20,952)
- Tangible fixed assets -€44,983
down €44,983 (-33.1%), from €136,008 to €91,025
of which Furniture and vehicles: -€44,860
- Receivables after one year -€19,975
down €19,975 (-32.2%), from €62,091 to €42,116
- Deferred charges and accrued income +€11,750
up €11,750 (+148.7%), from €7,901 to €19,651
- Current investments +€7,317
up €7,317 (+28.9%), from €25,317 to €32,634
- Reserves -€82,580
down €82,580 (-27.2%), from €303,634 to €221,055
of which Distributable reserves: -€82,580
- Other debts +€30,673
up €30,673 (+130.8%), from €23,447 to €54,120
- Debts after one year -€20,952
down €20,952 (-36.6%), from €57,279 to €36,327
- Tax, wage and social debts -€14,486
down €14,486 (-44.1%), from €32,828 to €18,342
of which Taxes: -€14,486
- Gross operating margin -€27,048
down €27,048 (-24.6%), from €110,143 to €83,095
- Financial income -€17,644
down €17,644 (-78.2%), from €22,555 to €4,911
of which Non-recurring financial income: -€17,613
- Taxes -€14,554
down €14,554 (-56.7%), from €25,657 to €11,102
- Depreciation +€12,386
up €12,386 (+38.0%), from €32,597 to €44,983
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 | €464,746 | €377,438 | -€87,308 | -18.8% |
| Fixed assets | 21/28 | €136,143 | €91,160 | -€44,983 | -33.0% |
| Tangible fixed assets | 22/27 | €136,008 | €91,025 | -€44,983 | -33.1% |
| Plant, machinery and equipment | 23 | €123 | €0 | -€123 | -100.0% |
| Furniture and vehicles | 24 | €135,885 | €91,025 | -€44,860 | -33.0% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €328,603 | €286,278 | -€42,325 | -12.9% |
| Amounts receivable after more than one year | 29 | €62,091 | €42,116 | -€19,975 | -32.2% |
| Other amounts receivable | 291 | €62,091 | €42,116 | -€19,975 | -32.2% |
| Amounts receivable within one year | 40/41 | €33,660 | €38,888 | +€5,228 | +15.5% |
| Trade receivables | 40 | €4,454 | €3,890 | -€564 | -12.7% |
| Other amounts receivable | 41 | €29,206 | €34,998 | +€5,793 | +19.8% |
| Current investments | 50/53 | €25,317 | €32,634 | +€7,317 | +28.9% |
| Cash at bank and in hand | 54/58 | €199,634 | €152,988 | -€46,645 | -23.4% |
| Deferred charges and accrued income | 490/1 | €7,901 | €19,651 | +€11,750 | +148.7% |
| Total equity and liabilities | 10/49 | €464,746 | €377,438 | -€87,308 | -18.8% |
| Equity | 10/15 | €323,634 | €241,055 | -€82,580 | -25.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €303,634 | €221,055 | -€82,580 | -27.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €0 | - | = | |
| Distributable reserves | 133 | €303,634 | €221,055 | -€82,580 | -27.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Deferred taxes | 168 | €0 | - | = | |
| Amounts payable | 17/49 | €141,112 | €136,383 | -€4,729 | -3.4% |
| Amounts payable after more than one year | 17 | €57,279 | €36,327 | -€20,952 | -36.6% |
| Financial debts | 170/4 | €57,279 | €36,327 | -€20,952 | -36.6% |
| Amounts payable within one year | 42/48 | €83,209 | €99,270 | +€16,061 | +19.3% |
| Current portion of amounts payable after more than one year | 42 | €20,185 | €20,952 | +€766 | +3.8% |
| Trade debts | 44 | €6,749 | €5,857 | -€892 | -13.2% |
| Suppliers | 440/4 | €6,749 | €5,857 | -€892 | -13.2% |
| Taxes, remuneration and social security | 45 | €32,828 | €18,342 | -€14,486 | -44.1% |
| Taxes | 450/3 | €30,078 | €15,592 | -€14,486 | -48.2% |
| Remuneration and social security | 454/9 | €2,750 | €2,750 | = | 0.0% |
| Other amounts payable | 47/48 | €23,447 | €54,120 | +€30,673 | +130.8% |
| Accrued charges and deferred income | 492/3 | €624 | €786 | +€162 | +25.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,597 | €44,983 | +€12,386 | +38.0% |
| Other operating charges | 640/8 | €2,704 | €2,073 | -€630 | -23.3% |
| Gross operating margin | 9900 | €110,143 | €83,095 | -€27,048 | -24.6% |
| Operating profit (loss) | 9901 | €74,843 | €36,039 | -€38,804 | -51.8% |
| Financial income | 75/76B | €22,555 | €4,911 | -€17,644 | -78.2% |
| Recurring financial income | 75 | €4,942 | €4,911 | -€31 | -0.6% |
| Non-recurring financial income | 76B | €17,613 | €0 | -€17,613 | -100.0% |
| Financial charges | 65/66B | €5,567 | €4,831 | -€736 | -13.2% |
| Recurring financial charges | 65 | €5,567 | €4,831 | -€736 | -13.2% |
| Profit (loss) for the period before taxes | 9903 | €91,830 | €36,119 | -€55,711 | -60.7% |
| Transfer from deferred taxes | 780 | €240 | €0 | -€240 | -100.0% |
| Income taxes | 67/77 | €25,657 | €11,102 | -€14,554 | -56.7% |
| Profit (loss) for the period | 9904 | €66,414 | €25,017 | -€41,397 | -62.3% |
| Transfer from tax-exempt reserves | 789 | €960 | €0 | -€960 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €67,374 | €25,017 | -€42,357 | -62.9% |
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 9 October 2026 via checked.be.