HANSO: what changed
Two fiscal 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.
HANSO
Largest movements
- Current investments +€82,021
up €82,021 (+2050.5%), from €4,000 to €86,021
- Receivables within one year -€73,782
down €73,782 (-44.8%), from €164,856 to €91,074
of which Other amounts receivable: -€73,496
- Stocks and contracts -€51,898
down €51,898 (-29.8%), from €174,227 to €122,329
- Tangible fixed assets -€15,077
down €15,077 (-7.0%), from €216,687 to €201,610
of which Other tangible fixed assets: -€16,004
- Cash +€9,914
up €9,914 (+20.8%), from €47,577 to €57,491
mainly Receivables within one year (+€73,782) and Stocks and contracts (+€51,898)
- Trade debts -€50,754
no longer reported in 2024 (was €50,754)
- Profit (loss) carried forward +€16,577
up €16,577 (+4.4%), from €376,770 to €393,347
- Debts after one year -€11,959
down €11,959 (-92.3%), from €12,962 to €1,003
- Tax, wage and social debts +€8,204
up €8,204 (+72.7%), from €11,292 to €19,496
- Gross operating margin -€26,724
down €26,724 (-22.3%), from €120,049 to €93,325
- Depreciation +€14,295
up €14,295 (+47.1%), from €30,363 to €44,658
- Taxes -€6,296
down €6,296 (-44.9%), from €14,022 to €7,726
- Financial charges +€1,341
up €1,341 (+41.2%), from €3,256 to €4,597
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €617,469 | €574,131 | -€43,338 | -7.0% |
| Fixed assets | 21/28 | €219,499 | €203,683 | -€15,816 | -7.2% |
| Intangible fixed assets | 21 | €2,812 | €2,073 | -€739 | -26.3% |
| Tangible fixed assets | 22/27 | €216,687 | €201,610 | -€15,077 | -7.0% |
| Land and buildings | 22 | €23,274 | €18,918 | -€4,356 | -18.7% |
| Plant, machinery and equipment | 23 | €15,628 | €14,953 | -€675 | -4.3% |
| Furniture and vehicles | 24 | €40,240 | €46,198 | +€5,958 | +14.8% |
| Other tangible fixed assets | 26 | €137,545 | €121,541 | -€16,004 | -11.6% |
| Current assets | 29/58 | €397,970 | €370,448 | -€27,522 | -6.9% |
| Stocks and contracts in progress | 3 | €174,227 | €122,329 | -€51,898 | -29.8% |
| Stocks | 30/36 | €174,227 | €122,329 | -€51,898 | -29.8% |
| Amounts receivable within one year | 40/41 | €164,856 | €91,074 | -€73,782 | -44.8% |
| Trade receivables | 40 | €23,438 | €23,152 | -€286 | -1.2% |
| Other amounts receivable | 41 | €141,418 | €67,922 | -€73,496 | -52.0% |
| Current investments | 50/53 | €4,000 | €86,021 | +€82,021 | +2050.5% |
| Cash at bank and in hand | 54/58 | €47,577 | €57,491 | +€9,914 | +20.8% |
| Deferred charges and accrued income | 490/1 | €7,310 | €13,533 | +€6,223 | +85.1% |
| Total equity and liabilities | 10/49 | €617,469 | €574,131 | -€43,338 | -7.0% |
| Equity | 10/15 | €430,095 | €446,672 | +€16,577 | +3.9% |
| Reserves | 13 | €53,325 | €53,325 | = | 0.0% |
| Tax-exempt reserves | 132 | €52 | €52 | = | 0.0% |
| Distributable reserves | 133 | €53,273 | €53,273 | = | 0.0% |
| Profit (loss) carried forward | 14 | €376,770 | €393,347 | +€16,577 | +4.4% |
| Amounts payable | 17/49 | €187,374 | €127,459 | -€59,915 | -32.0% |
| Amounts payable after more than one year | 17 | €12,962 | €1,003 | -€11,959 | -92.3% |
| Financial debts | 170/4 | €12,962 | €1,003 | -€11,959 | -92.3% |
| Amounts payable within one year | 42/48 | €174,412 | €126,456 | -€47,956 | -27.5% |
| Current portion of amounts payable after more than one year | 42 | €11,830 | €11,960 | +€130 | +1.1% |
| Financial debts | 43 | €75,000 | €75,000 | = | 0.0% |
| Credit institutions | 430/8 | €75,000 | - | -€75,000 | |
| Other loans | 439 | - | €75,000 | +€75,000 | |
| Trade debts | 44 | €50,754 | - | -€50,754 | |
| Suppliers | 440/4 | €50,754 | - | -€50,754 | |
| Taxes, remuneration and social security | 45 | €11,292 | €19,496 | +€8,204 | +72.7% |
| Taxes | 450/3 | €11,292 | €19,496 | +€8,204 | +72.7% |
| Other amounts payable | 47/48 | €25,536 | €20,000 | -€5,536 | -21.7% |
| Non-recurring operating income | 76A | €10,479 | €12,085 | +€1,606 | +15.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,363 | €44,658 | +€14,295 | +47.1% |
| Other operating charges | 640/8 | €3,334 | €2,778 | -€556 | -16.7% |
| Gross operating margin | 9900 | €120,049 | €93,325 | -€26,724 | -22.3% |
| Operating profit (loss) | 9901 | €86,352 | €45,889 | -€40,463 | -46.9% |
| Financial income | 75/76B | €2,710 | €3,011 | +€301 | +11.1% |
| Recurring financial income | 75 | €2,710 | €3,011 | +€301 | +11.1% |
| Financial charges | 65/66B | €3,256 | €4,597 | +€1,341 | +41.2% |
| Recurring financial charges | 65 | €3,256 | €4,597 | +€1,341 | +41.2% |
| Profit (loss) for the period before taxes | 9903 | €85,806 | €44,303 | -€41,503 | -48.4% |
| Income taxes | 67/77 | €14,022 | €7,726 | -€6,296 | -44.9% |
| Profit (loss) for the period | 9904 | €71,784 | €36,577 | -€35,207 | -49.0% |
| Profit (loss) for the period to be appropriated | 9905 | €71,784 | €36,577 | -€35,207 | -49.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.