Hansgrohe: 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.
What changed
Hansgrohe
NACE 46.836, Wholesale trade
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.4m
2024 · €2.2m-€777,485
Equity
€548,248
2024 · €548,248
Cash
€145,966
2024 · €339,722-€193,756
Balance sheet total
€7.3m
2024 · €8.7m-€1.5m
Largest movements
Assets
- Receivables within one year -€1.2m
down €1.2m (-15.9%), from €7.7m to €6.5m
of which Trade receivables: -€670,343
- Cash -€193,756
down €193,756 (-57.0%), from €339,722 to €145,966
mainly Contributions, distributions and other (-€1.4m) and Other debts (-€777,485)
Equity and liabilities
- Other debts -€777,485
down €777,485 (-35.8%), from €2.2m to €1.4m
- Trade debts -€429,459
down €429,459 (-9.8%), from €4.4m to €3.9m
- Tax, wage and social debts -€174,656
down €174,656 (-15.5%), from €1.1m to €954,783
of which Taxes: -€105,898
Income statement
- Turnover -€3.9m
down €3.9m (-9.0%), from €43.0m to €39.1m
- Goods and materials -€3.1m
down €3.1m (-9.4%), from €32.9m to €29.8m
of which Purchases: -€3.1m
- Other operating income -€755,052
down €755,052 (-85.7%), from €881,555 to €126,503
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
€2.2m
Turnover
-€3.9m
Other operating income
-€755,052
Goods and materials
+€3.1m
Services and other goods
+€89,674
Staff costs
+€425,323
Depreciation
+€17,166
Write-downs
+€11,152
Provisions
+€71,260
Other operating charges
+€28,849
Other operating items
-€8,242
Financial income
-€49,811
Financial charges
+€2,596
Taxes
+€192,729
Result 2025
€1.4m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€1.4m
Investment
-€184,459
Financing
-€1.4m
Cash 2024
€339,722
From operations (derived)
+€1.4m
Net result for the year
+€1.4m
Depreciation
+€184,339
Stocks and contracts
-€10,936
Receivables within one year
+€1.2m
Deferred charges and accrued income
+€45,136
Provisions
-€70,840
Trade debts
-€429,459
Tax, wage and social debts
-€174,656
Other debts
-€777,485
Investment (derived)
-€184,459
Investment in fixed assets (net)
-€184,459
Financing
-€1.4m
Contributions, distributions and other
-€1.4m
Cash 2025
€145,966
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,736,618 | €7,284,179 | -€1.5m | -16.6% |
| Fixed assets | 21/28 | €540,889 | €541,009 | +€120 | 0.0% |
| Tangible fixed assets | 22/27 | €540,889 | €541,009 | +€120 | 0.0% |
| Plant, machinery and equipment | 23 | €21,637 | €19,945 | -€1,693 | -7.8% |
| Furniture and vehicles | 24 | €81,538 | €67,886 | -€13,652 | -16.7% |
| Other tangible fixed assets | 26 | €437,714 | €453,179 | +€15,465 | +3.5% |
| Current assets | 29/58 | €8,195,729 | €6,743,170 | -€1.5m | -17.7% |
| Stocks and contracts in progress | 3 | €16,429 | €27,364 | +€10,936 | +66.6% |
| Stocks | 30/36 | €16,429 | €27,364 | +€10,936 | +66.6% |
| Goods purchased for resale | 34 | €16,429 | €27,364 | +€10,936 | +66.6% |
| Amounts receivable within one year | 40/41 | €7,714,907 | €6,490,304 | -€1.2m | -15.9% |
| Trade receivables | 40 | €2,036,849 | €1,366,506 | -€670,343 | -32.9% |
| Other amounts receivable | 41 | €5,678,058 | €5,123,798 | -€554,260 | -9.8% |
| Cash at bank and in hand | 54/58 | €339,722 | €145,966 | -€193,756 | -57.0% |
| Deferred charges and accrued income | 490/1 | €124,672 | €79,536 | -€45,136 | -36.2% |
| Total equity and liabilities | 10/49 | €8,736,618 | €7,284,179 | -€1.5m | -16.6% |
| Equity | 10/15 | €548,248 | €548,248 | = | 0.0% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Capital | 10 | €250,000 | €250,000 | = | 0.0% |
| Issued capital | 100 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €25,000 | €25,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €25,000 | €25,000 | = | 0.0% |
| Legal reserve | 130 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €273,248 | €273,248 | = | 0.0% |
| Provisions and deferred taxes | 16 | €521,840 | €451,000 | -€70,840 | -13.6% |
| Provisions for liabilities and charges | 160/5 | €521,840 | €451,000 | -€70,840 | -13.6% |
| Other liabilities and charges | 164/5 | €521,840 | €451,000 | -€70,840 | -13.6% |
| Amounts payable | 17/49 | €7,666,530 | €6,284,931 | -€1.4m | -18.0% |
| Amounts payable within one year | 42/48 | €7,666,530 | €6,284,931 | -€1.4m | -18.0% |
| Trade debts | 44 | €4,364,984 | €3,935,525 | -€429,459 | -9.8% |
| Suppliers | 440/4 | €4,364,984 | €3,935,525 | -€429,459 | -9.8% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €1,129,439 | €954,783 | -€174,656 | -15.5% |
| Taxes | 450/3 | €582,590 | €476,692 | -€105,898 | -18.2% |
| Remuneration and social security | 454/9 | €546,849 | €478,091 | -€68,758 | -12.6% |
| Other amounts payable | 47/48 | €2,172,107 | €1,394,623 | -€777,485 | -35.8% |
| Operating income | 70/76A | €43,963,629 | €39,310,559 | -€4.7m | -10.6% |
| Turnover | 70 | €42,987,808 | €39,102,993 | -€3.9m | -9.0% |
| Other operating income | 74 | €881,555 | €126,503 | -€755,052 | -85.7% |
| Non-recurring operating income | 76A | €94,266 | €81,062 | -€13,203 | -14.0% |
| Operating charges | 60/66A | €40,019,461 | €36,289,390 | -€3.7m | -9.3% |
| Goods for resale, raw materials and consumables | 60 | €32,903,016 | €29,821,331 | -€3.1m | -9.4% |
| Purchases | 600/8 | €32,913,590 | €29,827,650 | -€3.1m | -9.4% |
| Change in stocks: decrease (increase) | 609 | -€10,574 | -€6,319 | +€4,256 | +40.2% |
| Services and other goods | 61 | €2,891,695 | €2,802,020 | -€89,674 | -3.1% |
| Remuneration, social security and pensions | 62 | €3,964,723 | €3,539,400 | -€425,323 | -10.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €201,505 | €184,339 | -€17,166 | -8.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €10,013 | -€1,139 | -€11,152 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €1,910 | -€69,350 | -€71,260 | |
| Other operating charges | 640/8 | €36,194 | €7,346 | -€28,849 | -79.7% |
| Non-recurring operating charges | 66A | €10,405 | €5,443 | -€4,961 | -47.7% |
| Operating profit (loss) | 9901 | €3,944,168 | €3,021,169 | -€922,999 | -23.4% |
| Financial income | 75/76B | €134,585 | €84,775 | -€49,811 | -37.0% |
| Recurring financial income | 75 | €134,585 | €84,775 | -€49,811 | -37.0% |
| Other financial income | 752/9 | €134,585 | €84,775 | -€49,811 | -37.0% |
| Financial charges | 65/66B | €1,140,112 | €1,137,516 | -€2,596 | -0.2% |
| Recurring financial charges | 65 | €1,140,112 | €1,137,516 | -€2,596 | -0.2% |
| Debt charges | 650 | €7,594 | €8,494 | +€900 | +11.9% |
| Other financial charges | 652/9 | €1,132,519 | €1,129,022 | -€3,496 | -0.3% |
| Profit (loss) for the period before taxes | 9903 | €2,938,641 | €1,968,427 | -€970,214 | -33.0% |
| Income taxes | 67/77 | €766,534 | €573,804 | -€192,729 | -25.1% |
| Taxes | 670/3 | €766,534 | €573,804 | -€192,729 | -25.1% |
| Profit (loss) for the period | 9904 | €2,172,107 | €1,394,623 | -€777,485 | -35.8% |
| Profit (loss) for the period to be appropriated | 9905 | €2,172,107 | €1,394,623 | -€777,485 | -35.8% |
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 16 October 2026 via checked.be.