HANSEN GESTION: 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.
HANSEN GESTION
Largest movements
- Stocks and contracts -€68,500
down €68,500 (-49.9%), from €137,205 to €68,705
- Tangible fixed assets +€7,051
up €7,051 (+157%), from €4,501 to €11,552
of which Furniture and vehicles: +€5,648
- Cash -€5,338
down €5,338 (-80.8%), from €6,608 to €1,270
mainly Other debts (-€59,228) and Trade debts (-€10,851)
- Receivables within one year +€4,683
up €4,683 (+324%), from €1,445 to €6,128
of which Trade receivables: +€5,683
- Other debts -€59,228
down €59,228 (-50.8%), from €116,700 to €57,472
- Trade debts -€10,851
down €10,851 (-95.3%), from €11,391 to €540
- Tax, wage and social debts +€8,186
up €8,186 (+116%), from €7,068 to €15,254
of which Taxes: +€15,090
- Staff costs +€25,427
up €25,427 (+128%), from €19,895 to €45,323
- Gross operating margin +€14,282
up €14,282 (+40.6%), from €35,193 to €49,475
- Financial charges -€6,498
down €6,498 (-92.6%), from €7,015 to €517
- Other operating charges -€2,204
down €2,204 (-46.7%), from €4,721 to €2,516
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 | €149,759 | €87,656 | -€62,104 | -41.5% |
| Fixed assets | 21/28 | €4,501 | €11,552 | +€7,051 | +157% |
| Tangible fixed assets | 22/27 | €4,501 | €11,552 | +€7,051 | +157% |
| Plant, machinery and equipment | 23 | €929 | €774 | -€155 | -16.7% |
| Furniture and vehicles | 24 | €1,450 | €7,098 | +€5,648 | +389% |
| Other tangible fixed assets | 26 | €2,122 | €3,681 | +€1,559 | +73.4% |
| Current assets | 29/58 | €145,258 | €76,103 | -€69,155 | -47.6% |
| Stocks and contracts in progress | 3 | €137,205 | €68,705 | -€68,500 | -49.9% |
| Stocks | 30/36 | €137,205 | €68,705 | -€68,500 | -49.9% |
| Amounts receivable within one year | 40/41 | €1,445 | €6,128 | +€4,683 | +324% |
| Trade receivables | 40 | €445 | €6,128 | +€5,683 | +1,278% |
| Other amounts receivable | 41 | €1,000 | - | -€1,000 | |
| Cash at bank and in hand | 54/58 | €6,608 | €1,270 | -€5,338 | -80.8% |
| Total equity and liabilities | 10/49 | €149,759 | €87,656 | -€62,104 | -41.5% |
| Equity | 10/15 | €14,600 | €14,390 | -€210 | -1.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,400 | €8,190 | -€210 | -2.5% |
| Amounts payable | 17/49 | €135,159 | €73,266 | -€61,894 | -45.8% |
| Amounts payable within one year | 42/48 | €135,159 | €73,266 | -€61,894 | -45.8% |
| Trade debts | 44 | €11,391 | €540 | -€10,851 | -95.3% |
| Suppliers | 440/4 | €11,391 | €540 | -€10,851 | -95.3% |
| Taxes, remuneration and social security | 45 | €7,068 | €15,254 | +€8,186 | +116% |
| Taxes | 450/3 | €164 | €15,254 | +€15,090 | +9,221% |
| Remuneration and social security | 454/9 | €6,904 | - | -€6,904 | |
| Other amounts payable | 47/48 | €116,700 | €57,472 | -€59,228 | -50.8% |
| Remuneration, social security and pensions | 62 | €19,895 | €45,323 | +€25,427 | +128% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,330 | €1,330 | = | 0.0% |
| Other operating charges | 640/8 | €4,721 | €2,516 | -€2,204 | -46.7% |
| Gross operating margin | 9900 | €35,193 | €49,475 | +€14,282 | +40.6% |
| Operating profit (loss) | 9901 | €9,247 | €307 | -€8,940 | -96.7% |
| Financial charges | 65/66B | €7,015 | €517 | -€6,498 | -92.6% |
| Recurring financial charges | 65 | €7,015 | €517 | -€6,498 | -92.6% |
| Profit (loss) for the period before taxes | 9903 | €2,233 | -€210 | -€2,443 | |
| Profit (loss) for the period | 9904 | €2,233 | -€210 | -€2,443 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,233 | -€210 | -€2,443 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.