HANSAY: 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.
HANSAY
Largest movements
- Cash -€83,845
down €83,845 (-84.6%), from €99,107 to €15,261
mainly Short-term financial debts (-€46,038) and Net result for the year (-€27,800)
- Receivables within one year +€15,253
up €15,253 (+83.6%), from €18,240 to €33,493
- Tangible fixed assets -€2,989
down €2,989 (-63.4%), from €4,711 to €1,722
of which Other tangible fixed assets: -€2,917
- Short-term financial debts -€46,038
no longer reported in 2025 (was €46,038)
- Profit (loss) carried forward -€27,800
down €27,800 (-49.6%), from €56,073 to €28,274
- Other debts +€2,203
new in 2025: €2,203
- Tax, wage and social debts +€1,947
up €1,947 (+20.7%), from €9,423 to €11,370
of which Taxes: +€3,529
- Gross operating margin -€45,515
down €45,515, from €43,692 to -€1,823
- Purchases and services +€35,127
up €35,127 (+11.1%), from €317,394 to €352,521
- Turnover -€10,388
down €10,388 (-2.9%), from €361,086 to €350,698
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 | €161,785 | €91,724 | -€70,061 | -43.3% |
| Fixed assets | 21/28 | €7,436 | €4,447 | -€2,989 | -40.2% |
| Tangible fixed assets | 22/27 | €4,711 | €1,722 | -€2,989 | -63.4% |
| Plant, machinery and equipment | 23 | €72 | - | -€72 | |
| Other tangible fixed assets | 26 | €4,639 | €1,722 | -€2,917 | -62.9% |
| Financial fixed assets | 28 | €2,725 | €2,725 | = | 0.0% |
| Current assets | 29/58 | €154,349 | €87,277 | -€67,072 | -43.5% |
| Stocks and contracts in progress | 3 | €37,002 | €38,523 | +€1,520 | +4.1% |
| Stocks | 30/36 | €37,002 | €38,523 | +€1,520 | +4.1% |
| Amounts receivable within one year | 40/41 | €18,240 | €33,493 | +€15,253 | +83.6% |
| Other amounts receivable | 41 | €18,240 | €33,493 | +€15,253 | +83.6% |
| Cash at bank and in hand | 54/58 | €99,107 | €15,261 | -€83,845 | -84.6% |
| Total equity and liabilities | 10/49 | €161,785 | €91,724 | -€70,061 | -43.3% |
| Equity | 10/15 | €74,673 | €46,874 | -€27,800 | -37.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €56,073 | €28,274 | -€27,800 | -49.6% |
| Amounts payable | 17/49 | €87,112 | €44,851 | -€42,262 | -48.5% |
| Amounts payable after more than one year | 17 | €315 | €315 | = | 0.0% |
| Financial debts | 170/4 | €315 | €315 | = | 0.0% |
| Amounts payable within one year | 42/48 | €86,797 | €44,535 | -€42,262 | -48.7% |
| Financial debts | 43 | €46,038 | - | -€46,038 | |
| Credit institutions | 430/8 | €46,038 | - | -€46,038 | |
| Trade debts | 44 | €31,336 | €30,962 | -€374 | -1.2% |
| Suppliers | 440/4 | €31,336 | €30,962 | -€374 | -1.2% |
| Taxes, remuneration and social security | 45 | €9,423 | €11,370 | +€1,947 | +20.7% |
| Taxes | 450/3 | €7,842 | €11,370 | +€3,529 | +45.0% |
| Remuneration and social security | 454/9 | €1,581 | - | -€1,581 | |
| Other amounts payable | 47/48 | - | €2,203 | +€2,203 | |
| Turnover | 70 | €361,086 | €350,698 | -€10,388 | -2.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €317,394 | €352,521 | +€35,127 | +11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,124 | €2,989 | -€1,135 | -27.5% |
| Other operating charges | 640/8 | €2,671 | €4,613 | +€1,942 | +72.7% |
| Non-recurring operating charges | 66A | - | €452 | +€452 | |
| Gross operating margin | 9900 | €43,692 | -€1,823 | -€45,515 | |
| Operating profit (loss) | 9901 | €36,897 | -€9,877 | -€46,773 | |
| Financial income | 75/76B | €34 | €210 | +€175 | +511% |
| Recurring financial income | 75 | €34 | €30 | -€5 | -14.0% |
| Non-recurring financial income | 76B | - | €180 | +€180 | |
| Financial charges | 65/66B | €5,281 | €6,015 | +€734 | +13.9% |
| Recurring financial charges | 65 | €4,705 | €5,808 | +€1,103 | +23.4% |
| Non-recurring financial charges | 66B | €576 | €207 | -€369 | -64.0% |
| Profit (loss) for the period before taxes | 9903 | €31,650 | -€15,682 | -€47,332 | |
| Income taxes | 67/77 | €13,313 | €12,117 | -€1,196 | -9.0% |
| Profit (loss) for the period | 9904 | €18,337 | -€27,800 | -€46,136 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,337 | -€27,800 | -€46,136 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.