Hantson Law: what changed
Hantson Law
Largest movements
- Cash -€4,347
down €4,347 (-93.7%), from €4,640 to €293
mainly Other debts (-€9,854) and Investment in fixed assets (net) (-€4,320)
- Financial fixed assets +€4,320
new in 2025: €4,320
- Receivables within one year -€1,473
down €1,473 (-6.6%), from €22,259 to €20,786
of which Trade receivables: -€840
- Tangible fixed assets -€319
down €319 (-40.8%), from €780 to €462
- Other debts -€9,854
down €9,854 (-18.3%), from €53,987 to €44,133
- Profit (loss) carried forward +€7,830
up €7,830 (+15.8%), from -€49,446 to -€41,616
- Tax, wage and social debts +€2,738
up €2,738 (+26.1%), from €10,485 to €13,224
- Trade debts -€2,490
down €2,490 (-23.1%), from €10,789 to €8,299
- Gross operating margin +€33,709
up €33,709, from -€21,413 to €12,296
- Other operating charges -€603
down €603 (-34.5%), from €1,746 to €1,143
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €28,836 | €27,060 | -€1,775 | -6.2% |
| Fixed assets | 21/28 | €780 | €4,782 | +€4,001 | +513% |
| Tangible fixed assets | 22/27 | €780 | €462 | -€319 | -40.8% |
| Furniture and vehicles | 24 | €780 | €462 | -€319 | -40.8% |
| Financial fixed assets | 28 | - | €4,320 | +€4,320 | |
| Current assets | 29/58 | €28,055 | €22,279 | -€5,777 | -20.6% |
| Amounts receivable within one year | 40/41 | €22,259 | €20,786 | -€1,473 | -6.6% |
| Trade receivables | 40 | €21,625 | €20,786 | -€840 | -3.9% |
| Other amounts receivable | 41 | €634 | €0 | -€634 | -100% |
| Cash at bank and in hand | 54/58 | €4,640 | €293 | -€4,347 | -93.7% |
| Deferred charges and accrued income | 490/1 | €1,157 | €1,200 | +€43 | +3.7% |
| Total equity and liabilities | 10/49 | €28,836 | €27,060 | -€1,775 | -6.2% |
| Equity | 10/15 | -€46,426 | -€38,595 | +€7,830 | +16.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €520 | €520 | = | 0.0% |
| Distributable reserves | 133 | €520 | €520 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€49,446 | -€41,616 | +€7,830 | +15.8% |
| Amounts payable | 17/49 | €75,261 | €65,656 | -€9,606 | -12.8% |
| Amounts payable within one year | 42/48 | €75,261 | €65,656 | -€9,606 | -12.8% |
| Trade debts | 44 | €10,789 | €8,299 | -€2,490 | -23.1% |
| Suppliers | 440/4 | €10,789 | €8,299 | -€2,490 | -23.1% |
| Taxes, remuneration and social security | 45 | €10,485 | €13,224 | +€2,738 | +26.1% |
| Taxes | 450/3 | €10,485 | €13,224 | +€2,738 | +26.1% |
| Other amounts payable | 47/48 | €53,987 | €44,133 | -€9,854 | -18.3% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €175 | €319 | +€143 | +81.6% |
| Other operating charges | 640/8 | €1,746 | €1,143 | -€603 | -34.5% |
| Gross operating margin | 9900 | -€21,413 | €12,296 | +€33,709 | |
| Operating profit (loss) | 9901 | -€23,335 | €10,834 | +€34,169 | |
| Financial income | 75/76B | €8 | €17 | +€8 | +98.3% |
| Recurring financial income | 75 | €8 | €17 | +€8 | +98.3% |
| Financial charges | 65/66B | €2,865 | €2,859 | -€6 | -0.2% |
| Recurring financial charges | 65 | €2,865 | €2,859 | -€6 | -0.2% |
| Profit (loss) for the period before taxes | 9903 | -€26,191 | €7,992 | +€34,183 | |
| Income taxes | 67/77 | €188 | €162 | -€27 | -14.2% |
| Profit (loss) for the period | 9904 | -€26,380 | €7,830 | +€34,210 | |
| Profit (loss) for the period to be appropriated | 9905 | -€26,380 | €7,830 | +€34,210 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.