HANSON SECURITY: 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.
HANSON SECURITY
Largest movements
- Cash +€98,750
up €98,750 (+101.4%), from €97,383 to €196,132
mainly Net result for the year (+€64,022) and Current investments (+€60,000)
- Current investments -€60,000
down €60,000 (-100.0%), from €60,000 to €0
- Receivables within one year +€18,593
up €18,593 (+58.9%), from €31,577 to €50,170
of which Trade receivables: +€25,582
- Tangible fixed assets -€10,573
down €10,573 (-5.8%), from €182,051 to €171,478
of which Land and buildings: -€5,772
- Reserves +€64,022
up €64,022 (+22.5%), from €285,170 to €349,192
- Debts after one year -€15,502
down €15,502 (-28.7%), from €54,024 to €38,523
- Trade debts -€4,867
down €4,867 (-33.5%), from €14,521 to €9,654
- Gross operating margin +€25,570
up €25,570 (+17.2%), from €148,309 to €173,879
- Taxes +€7,051
up €7,051 (+36.5%), from €19,309 to €26,360
- Staff costs +€2,195
up €2,195 (+3.4%), from €64,023 to €66,218
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.
Cash bridge derived
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 | €395,051 | €438,983 | +€43,931 | +11.1% |
| Fixed assets | 21/28 | €183,420 | €172,126 | -€11,294 | -6.2% |
| Intangible fixed assets | 21 | €1,174 | €453 | -€721 | -61.4% |
| Tangible fixed assets | 22/27 | €182,051 | €171,478 | -€10,573 | -5.8% |
| Land and buildings | 22 | €159,858 | €154,086 | -€5,772 | -3.6% |
| Plant, machinery and equipment | 23 | €2,146 | €1,799 | -€347 | -16.2% |
| Furniture and vehicles | 24 | €14,064 | €10,714 | -€3,350 | -23.8% |
| Other tangible fixed assets | 26 | €5,983 | €4,879 | -€1,105 | -18.5% |
| Financial fixed assets | 28 | €195 | €195 | = | 0.0% |
| Current assets | 29/58 | €211,632 | €266,857 | +€55,225 | +26.1% |
| Stocks and contracts in progress | 3 | €20,010 | €17,906 | -€2,104 | -10.5% |
| Stocks | 30/36 | €6,557 | €6,376 | -€181 | -2.8% |
| Contracts in progress | 37 | €13,453 | €11,530 | -€1,923 | -14.3% |
| Amounts receivable within one year | 40/41 | €31,577 | €50,170 | +€18,593 | +58.9% |
| Trade receivables | 40 | €16,387 | €41,969 | +€25,582 | +156.1% |
| Other amounts receivable | 41 | €15,190 | €8,201 | -€6,989 | -46.0% |
| Current investments | 50/53 | €60,000 | €0 | -€60,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €97,383 | €196,132 | +€98,750 | +101.4% |
| Deferred charges and accrued income | 490/1 | €2,661 | €2,648 | -€13 | -0.5% |
| Total equity and liabilities | 10/49 | €395,051 | €438,983 | +€43,931 | +11.1% |
| Equity | 10/15 | €292,170 | €356,192 | +€64,022 | +21.9% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €285,170 | €349,192 | +€64,022 | +22.5% |
| Distributable reserves | 133 | €285,170 | €349,192 | +€64,022 | +22.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €102,882 | €82,791 | -€20,091 | -19.5% |
| Amounts payable after more than one year | 17 | €54,024 | €38,523 | -€15,502 | -28.7% |
| Financial debts | 170/4 | €54,024 | €38,523 | -€15,502 | -28.7% |
| Amounts payable within one year | 42/48 | €48,857 | €44,268 | -€4,589 | -9.4% |
| Current portion of amounts payable after more than one year | 42 | €15,251 | €15,502 | +€251 | +1.6% |
| Trade debts | 44 | €14,521 | €9,654 | -€4,867 | -33.5% |
| Suppliers | 440/4 | €14,521 | €9,654 | -€4,867 | -33.5% |
| Taxes, remuneration and social security | 45 | €17,885 | €14,636 | -€3,249 | -18.2% |
| Taxes | 450/3 | €7,195 | €8,969 | +€1,775 | +24.7% |
| Remuneration and social security | 454/9 | €10,690 | €5,667 | -€5,024 | -47.0% |
| Other amounts payable | 47/48 | €1,200 | €4,476 | +€3,276 | +273.0% |
| Non-recurring operating income | 76A | €35,026 | - | -€35,026 | |
| Remuneration, social security and pensions | 62 | €64,023 | €66,218 | +€2,195 | +3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,607 | €16,509 | -€97 | -0.6% |
| Other operating charges | 640/8 | €2,324 | €2,270 | -€54 | -2.3% |
| Gross operating margin | 9900 | €148,309 | €173,879 | +€25,570 | +17.2% |
| Operating profit (loss) | 9901 | €65,355 | €88,882 | +€23,527 | +36.0% |
| Financial income | 75/76B | €1,781 | €2,871 | +€1,090 | +61.2% |
| Recurring financial income | 75 | €1,781 | €2,871 | +€1,090 | +61.2% |
| Financial charges | 65/66B | €1,609 | €1,371 | -€238 | -14.8% |
| Recurring financial charges | 65 | €1,609 | €1,371 | -€238 | -14.8% |
| Profit (loss) for the period before taxes | 9903 | €65,527 | €90,382 | +€24,855 | +37.9% |
| Income taxes | 67/77 | €19,309 | €26,360 | +€7,051 | +36.5% |
| Profit (loss) for the period | 9904 | €46,218 | €64,022 | +€17,804 | +38.5% |
| Profit (loss) for the period to be appropriated | 9905 | €46,218 | €64,022 | +€17,804 | +38.5% |
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 12 October 2026 via checked.be.