HANSGROEN: 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.
HANSGROEN
Largest movements
- Cash +€70,745
up €70,745 (+64.1%), from €110,413 to €181,158
mainly Depreciation (+€88,405) and Trade debts (+€63,052)
- Receivables within one year -€48,737
down €48,737 (-58.2%), from €83,714 to €34,977
of which Trade receivables: -€45,027
- Tangible fixed assets +€39,015
up €39,015 (+15.2%), from €256,011 to €295,025
of which Furniture and vehicles: +€60,388
- Deferred charges and accrued income -€5,971
down €5,971 (-43.2%), from €13,817 to €7,847
- Trade debts +€63,052
up €63,052 (+288%), from €21,922 to €84,974
- Other debts -€54,259
down €54,259 (-41.7%), from €130,061 to €75,802
- Reserves +€23,780
up €23,780 (+42.8%), from €55,498 to €79,277
- Debts after one year +€20,008
up €20,008 (+10.9%), from €183,043 to €203,051
of which Financial debts: +€20,008
- Current portion of long-term debt +€9,960
up €9,960 (+29.8%), from €33,480 to €43,440
- Gross operating margin +€15,068
up €15,068 (+6.8%), from €221,840 to €236,908
- Staff costs +€4,649
up €4,649 (+4.5%), from €102,460 to €107,109
- Taxes +€2,822
up €2,822 (+66.1%), from €4,266 to €7,088
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 | €464,255 | €519,307 | +€55,052 | +11.9% |
| Fixed assets | 21/28 | €256,311 | €295,325 | +€39,014 | +15.2% |
| Intangible fixed assets | 21 | €1 | €0 | -€0 | -19.2% |
| Tangible fixed assets | 22/27 | €256,011 | €295,025 | +€39,015 | +15.2% |
| Plant, machinery and equipment | 23 | €67,219 | €45,845 | -€21,373 | -31.8% |
| Furniture and vehicles | 24 | €188,792 | €249,180 | +€60,388 | +32.0% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €207,944 | €223,982 | +€16,037 | +7.7% |
| Amounts receivable within one year | 40/41 | €83,714 | €34,977 | -€48,737 | -58.2% |
| Trade receivables | 40 | €69,181 | €24,153 | -€45,027 | -65.1% |
| Other amounts receivable | 41 | €14,533 | €10,824 | -€3,709 | -25.5% |
| Cash at bank and in hand | 54/58 | €110,413 | €181,158 | +€70,745 | +64.1% |
| Deferred charges and accrued income | 490/1 | €13,817 | €7,847 | -€5,971 | -43.2% |
| Total equity and liabilities | 10/49 | €464,255 | €519,307 | +€55,052 | +11.9% |
| Equity | 10/15 | €67,498 | €91,277 | +€23,780 | +35.2% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Reserves | 13 | €55,498 | €79,277 | +€23,780 | +42.8% |
| Distributable reserves | 133 | €55,498 | €79,277 | +€23,780 | +42.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €396,758 | €428,030 | +€31,272 | +7.9% |
| Amounts payable after more than one year | 17 | €183,043 | €203,051 | +€20,008 | +10.9% |
| Financial debts | 170/4 | €83,043 | €103,051 | +€20,008 | +24.1% |
| Other amounts payable | 178/9 | €100,000 | €100,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €213,715 | €224,979 | +€11,264 | +5.3% |
| Current portion of amounts payable after more than one year | 42 | €33,480 | €43,440 | +€9,960 | +29.8% |
| Trade debts | 44 | €21,922 | €84,974 | +€63,052 | +288% |
| Suppliers | 440/4 | €21,922 | €84,974 | +€63,052 | +288% |
| Taxes, remuneration and social security | 45 | €28,252 | €20,763 | -€7,489 | -26.5% |
| Taxes | 450/3 | €12,430 | €6,032 | -€6,398 | -51.5% |
| Remuneration and social security | 454/9 | €15,822 | €14,731 | -€1,091 | -6.9% |
| Other amounts payable | 47/48 | €130,061 | €75,802 | -€54,259 | -41.7% |
| Non-recurring operating income | 76A | €1,250 | €21,989 | +€20,739 | +1,659% |
| Remuneration, social security and pensions | 62 | €102,460 | €107,109 | +€4,649 | +4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €87,594 | €88,405 | +€811 | +0.9% |
| Other operating charges | 640/8 | €2,195 | €2,404 | +€209 | +9.5% |
| Gross operating margin | 9900 | €221,840 | €236,908 | +€15,068 | +6.8% |
| Operating profit (loss) | 9901 | €29,591 | €38,990 | +€9,399 | +31.8% |
| Financial charges | 65/66B | €4,121 | €6,457 | +€2,336 | +56.7% |
| Recurring financial charges | 65 | €4,121 | €6,457 | +€2,336 | +56.7% |
| Profit (loss) for the period before taxes | 9903 | €25,470 | €32,534 | +€7,064 | +27.7% |
| Income taxes | 67/77 | €4,266 | €7,088 | +€2,822 | +66.1% |
| Profit (loss) for the period | 9904 | €21,204 | €25,446 | +€4,242 | +20.0% |
| Profit (loss) for the period to be appropriated | 9905 | €21,204 | €25,446 | +€4,242 | +20.0% |
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 24 October 2026 via checked.be.