HanZa: 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.
HanZa
Largest movements
- Tangible fixed assets +€19,410
up €19,410 (+19.3%), from €100,586 to €119,995
of which Plant, machinery and equipment: +€22,075
- Cash -€7,747
down €7,747 (-51.1%), from €15,152 to €7,405
mainly Investment in fixed assets (net) (-€46,978) and Other debts (-€15,410)
- Receivables within one year +€4,505
up €4,505 (+17.0%), from €26,532 to €31,037
of which Other amounts receivable: +€9,603
- Trade debts +€19,751
up €19,751 (+387.5%), from €5,097 to €24,849
- Other debts -€15,410
down €15,410 (-34.5%), from €44,659 to €29,249
- Debts after one year -€14,629
down €14,629 (-34.2%), from €42,790 to €28,161
- Reserves +€13,727
up €13,727 (+74.3%), from €18,474 to €32,201
- Tax, wage and social debts +€7,401
up €7,401 (+53.3%), from €13,880 to €21,281
- Gross operating margin +€25,684
up €25,684 (+115.8%), from €22,176 to €47,860
- Depreciation +€19,824
up €19,824 (+256.0%), from €7,745 to €27,569
- Financial charges +€1,924
up €1,924 (+307.7%), from €625 to €2,550
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 | €146,549 | €163,554 | +€17,005 | +11.6% |
| Fixed assets | 21/28 | €100,586 | €119,995 | +€19,410 | +19.3% |
| Tangible fixed assets | 22/27 | €100,586 | €119,995 | +€19,410 | +19.3% |
| Plant, machinery and equipment | 23 | €38,837 | €60,913 | +€22,075 | +56.8% |
| Leasing and similar rights | 25 | €61,749 | €59,083 | -€2,666 | -4.3% |
| Current assets | 29/58 | €45,963 | €43,559 | -€2,404 | -5.2% |
| Stocks and contracts in progress | 3 | €2,248 | €2,248 | = | 0.0% |
| Stocks | 30/36 | €2,248 | €2,248 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €26,532 | €31,037 | +€4,505 | +17.0% |
| Trade receivables | 40 | €26,532 | €21,434 | -€5,098 | -19.2% |
| Other amounts receivable | 41 | €0 | €9,603 | +€9,603 | |
| Cash at bank and in hand | 54/58 | €15,152 | €7,405 | -€7,747 | -51.1% |
| Deferred charges and accrued income | 490/1 | €2,031 | €2,870 | +€838 | +41.3% |
| Total equity and liabilities | 10/49 | €146,549 | €163,554 | +€17,005 | +11.6% |
| Equity | 10/15 | €22,474 | €36,201 | +€13,727 | +61.1% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €18,474 | €32,201 | +€13,727 | +74.3% |
| Distributable reserves | 133 | €18,474 | €32,201 | +€13,727 | +74.3% |
| Amounts payable | 17/49 | €124,075 | €127,353 | +€3,278 | +2.6% |
| Amounts payable after more than one year | 17 | €42,790 | €28,161 | -€14,629 | -34.2% |
| Financial debts | 170/4 | €42,790 | €28,161 | -€14,629 | -34.2% |
| Amounts payable within one year | 42/48 | €81,286 | €99,193 | +€17,907 | +22.0% |
| Current portion of amounts payable after more than one year | 42 | €17,649 | €23,814 | +€6,165 | +34.9% |
| Trade debts | 44 | €5,097 | €24,849 | +€19,751 | +387.5% |
| Suppliers | 440/4 | €5,097 | €24,849 | +€19,751 | +387.5% |
| Taxes, remuneration and social security | 45 | €13,880 | €21,281 | +€7,401 | +53.3% |
| Taxes | 450/3 | €13,880 | €21,281 | +€7,401 | +53.3% |
| Other amounts payable | 47/48 | €44,659 | €29,249 | -€15,410 | -34.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,745 | €27,569 | +€19,824 | +256.0% |
| Other operating charges | 640/8 | €363 | €505 | +€142 | +39.2% |
| Gross operating margin | 9900 | €22,176 | €47,860 | +€25,684 | +115.8% |
| Operating profit (loss) | 9901 | €14,069 | €19,786 | +€5,718 | +40.6% |
| Financial income | 75/76B | €76 | €59 | -€17 | -22.6% |
| Recurring financial income | 75 | €76 | €59 | -€17 | -22.6% |
| Financial charges | 65/66B | €625 | €2,550 | +€1,924 | +307.7% |
| Recurring financial charges | 65 | €625 | €2,550 | +€1,924 | +307.7% |
| Profit (loss) for the period before taxes | 9903 | €13,519 | €17,295 | +€3,776 | +27.9% |
| Income taxes | 67/77 | €3,233 | €3,568 | +€335 | +10.4% |
| Profit (loss) for the period | 9904 | €10,287 | €13,727 | +€3,441 | +33.4% |
| Profit (loss) for the period to be appropriated | 9905 | €10,287 | €13,727 | +€3,441 | +33.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.