HONEYWELL ANALYTICS: 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.
HONEYWELL ANALYTICS
Largest movements
- Receivables within one year +€181,303
up €181,303 (+4.8%), from €3.8m to €3.9m
of which Other amounts receivable: +€282,098
- Profit (loss) carried forward +€165,564
up €165,564 (+12.6%), from €1.3m to €1.5m
- Turnover +€100,873
up €100,873 (+4.0%), from €2.5m to €2.6m
- Staff costs +€63,336
up €63,336 (+3.1%), from €2.0m to €2.1m
- Financial income -€36,016
down €36,016 (-30.1%), from €119,714 to €83,698
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,758,736 | €3,940,039 | +€181,303 | +4.8% |
| Current assets | 29/58 | €3,758,736 | €3,940,039 | +€181,303 | +4.8% |
| Amounts receivable within one year | 40/41 | €3,758,736 | €3,940,039 | +€181,303 | +4.8% |
| Trade receivables | 40 | €742,011 | €641,216 | -€100,795 | -13.6% |
| Other amounts receivable | 41 | €3,016,725 | €3,298,823 | +€282,098 | +9.4% |
| Total equity and liabilities | 10/49 | €3,758,736 | €3,940,039 | +€181,303 | +4.8% |
| Equity | 10/15 | €3,307,076 | €3,472,640 | +€165,564 | +5.0% |
| Contributions | 10/11 | €1,447,894 | €1,447,894 | = | 0.0% |
| Reserves | 13 | €542,182 | €542,182 | = | 0.0% |
| Non-distributable reserves | 130/1 | €58,790 | €58,790 | = | 0.0% |
| Other | 1319 | €58,790 | €58,790 | = | 0.0% |
| Distributable reserves | 133 | €483,392 | €483,392 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,317,000 | €1,482,564 | +€165,564 | +12.6% |
| Amounts payable | 17/49 | €451,660 | €467,399 | +€15,739 | +3.5% |
| Amounts payable within one year | 42/48 | €451,660 | €467,399 | +€15,739 | +3.5% |
| Trade debts | 44 | €107,458 | €85,801 | -€21,657 | -20.2% |
| Suppliers | 440/4 | €107,458 | €85,801 | -€21,657 | -20.2% |
| Taxes, remuneration and social security | 45 | €344,202 | €381,599 | +€37,397 | +10.9% |
| Taxes | 450/3 | €36,591 | €2,607 | -€33,984 | -92.9% |
| Remuneration and social security | 454/9 | €307,611 | €378,992 | +€71,381 | +23.2% |
| Operating income | 70/76A | €2,550,844 | €2,642,462 | +€91,618 | +3.6% |
| Turnover | 70 | €2,500,207 | €2,601,080 | +€100,873 | +4.0% |
| Other operating income | 74 | €50,637 | €41,382 | -€9,255 | -18.3% |
| Operating charges | 60/66A | €2,430,155 | €2,477,303 | +€47,148 | +1.9% |
| Services and other goods | 61 | €417,921 | €402,715 | -€15,206 | -3.6% |
| Remuneration, social security and pensions | 62 | €2,011,253 | €2,074,588 | +€63,336 | +3.1% |
| Other operating charges | 640/8 | €982 | - | -€982 | |
| Operating profit (loss) | 9901 | €120,689 | €165,159 | +€44,470 | +36.8% |
| Financial income | 75/76B | €119,714 | €83,698 | -€36,016 | -30.1% |
| Recurring financial income | 75 | €119,714 | €83,698 | -€36,016 | -30.1% |
| Income from current assets | 751 | €119,635 | €73,569 | -€46,067 | -38.5% |
| Other financial income | 752/9 | €79 | €10,129 | +€10,050 | +12,727% |
| Financial charges | 65/66B | €11,958 | €4,383 | -€7,575 | -63.3% |
| Recurring financial charges | 65 | €11,958 | €4,383 | -€7,575 | -63.3% |
| Debt charges | 650 | - | €178 | +€178 | |
| Other financial charges | 652/9 | €11,958 | €4,206 | -€7,752 | -64.8% |
| Profit (loss) for the period before taxes | 9903 | €228,445 | €244,473 | +€16,028 | +7.0% |
| Income taxes | 67/77 | €84,241 | €78,909 | -€5,332 | -6.3% |
| Taxes | 670/3 | €84,241 | €78,909 | -€5,332 | -6.3% |
| Profit (loss) for the period | 9904 | €144,204 | €165,564 | +€21,360 | +14.8% |
| Profit (loss) for the period to be appropriated | 9905 | €144,204 | €165,564 | +€21,360 | +14.8% |
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 17 October 2026 via checked.be.