HANZIBAR: 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.
HANZIBAR
Largest movements
- Cash +€3,048
up €3,048 (+825%), from €369 to €3,417
mainly Net result for the year (+€6,359) and Investment in fixed assets (net) (+€3,000)
- Financial fixed assets -€3,000
down €3,000 (-80.0%), from €3,750 to €750
- Receivables within one year -€140
down €140 (-2.7%), from €5,207 to €5,067
of which Other amounts receivable: -€1,190
- Other debts -€11,375
down €11,375 (-21.1%), from €53,787 to €42,412
- Profit (loss) carried forward +€6,359
up €6,359 (+9.4%), from -€67,846 to -€61,486
- Trade debts +€2,679
up €2,679 (+59.4%), from €4,511 to €7,191
- Tax, wage and social debts +€2,279
up €2,279 (+865%), from €263 to €2,543
of which Taxes: +€2,454
- Gross operating margin +€10,614
up €10,614, from -€2,733 to €7,881
- Depreciation -€283
down €283 (-100%), from €283 to €0
- Financial charges +€214
up €214 (+33.7%), from €636 to €850
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,216 | €10,159 | -€57 | -0.6% |
| Fixed assets | 21/28 | €3,750 | €750 | -€3,000 | -80.0% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €3,750 | €750 | -€3,000 | -80.0% |
| Current assets | 29/58 | €6,466 | €9,409 | +€2,943 | +45.5% |
| Amounts receivable within one year | 40/41 | €5,207 | €5,067 | -€140 | -2.7% |
| Trade receivables | 40 | €3,791 | €4,840 | +€1,050 | +27.7% |
| Other amounts receivable | 41 | €1,416 | €227 | -€1,190 | -84.0% |
| Cash at bank and in hand | 54/58 | €369 | €3,417 | +€3,048 | +825% |
| Deferred charges and accrued income | 490/1 | €890 | €925 | +€35 | +3.9% |
| Total equity and liabilities | 10/49 | €10,216 | €10,159 | -€57 | -0.6% |
| Equity | 10/15 | -€55,346 | -€48,986 | +€6,359 | +11.5% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€67,846 | -€61,486 | +€6,359 | +9.4% |
| Amounts payable | 17/49 | €65,562 | €59,145 | -€6,417 | -9.8% |
| Amounts payable within one year | 42/48 | €65,562 | €59,145 | -€6,417 | -9.8% |
| Financial debts | 43 | €7,000 | €7,000 | = | 0.0% |
| Other loans | 439 | €7,000 | €7,000 | = | 0.0% |
| Trade debts | 44 | €4,511 | €7,191 | +€2,679 | +59.4% |
| Suppliers | 440/4 | €4,511 | €7,191 | +€2,679 | +59.4% |
| Taxes, remuneration and social security | 45 | €263 | €2,543 | +€2,279 | +865% |
| Taxes | 450/3 | €88 | €2,543 | +€2,454 | +2,777% |
| Remuneration and social security | 454/9 | €175 | €0 | -€175 | -100% |
| Other amounts payable | 47/48 | €53,787 | €42,412 | -€11,375 | -21.1% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €283 | €0 | -€283 | -100% |
| Other operating charges | 640/8 | €660 | €676 | +€16 | +2.4% |
| Gross operating margin | 9900 | -€2,733 | €7,881 | +€10,614 | |
| Operating profit (loss) | 9901 | -€3,676 | €7,205 | +€10,881 | |
| Financial income | 75/76B | €3 | €5 | +€2 | +80.5% |
| Recurring financial income | 75 | €3 | €5 | +€2 | +80.5% |
| Financial charges | 65/66B | €636 | €850 | +€214 | +33.7% |
| Recurring financial charges | 65 | €636 | €850 | +€214 | +33.7% |
| Profit (loss) for the period before taxes | 9903 | -€4,309 | €6,359 | +€10,669 | |
| Profit (loss) for the period | 9904 | -€4,309 | €6,359 | +€10,669 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,309 | €6,359 | +€10,669 |
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 14 October 2026 via checked.be.