HENCEL ET CO: 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.
HENCEL ET CO
Largest movements
- Tangible fixed assets -€8,594
down €8,594 (-25.5%), from €33,733 to €25,139
of which Furniture and vehicles: -€8,391
- Stocks and contracts -€6,304
down €6,304 (-41.8%), from €15,071 to €8,767
- Receivables within one year +€2,996
up €2,996 (+17.4%), from €17,213 to €20,209
of which Trade receivables: +€2,735
- Deferred charges and accrued income +€2,655
up €2,655 (+167%), from €1,590 to €4,245
- Profit (loss) carried forward +€15,786
up €15,786 (+34.2%), from -€46,210 to -€30,424
- Other debts -€13,972
down €13,972 (-31.9%), from €43,776 to €29,804
- Trade debts -€12,120
down €12,120 (-63.8%), from €19,000 to €6,879
- Gross operating margin +€36,885
up €36,885 (+323%), from €11,425 to €48,310
- Staff costs +€3,431
up €3,431 (+19.2%), from €17,907 to €21,338
- Other operating charges +€2,349
up €2,349 (+289%), from €812 to €3,161
- Financial income +€1,397
up €1,397 (+535%), from €261 to €1,658
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 | €87,031 | €77,185 | -€9,846 | -11.3% |
| Fixed assets | 21/28 | €34,864 | €26,270 | -€8,594 | -24.7% |
| Tangible fixed assets | 22/27 | €33,733 | €25,139 | -€8,594 | -25.5% |
| Furniture and vehicles | 24 | €31,977 | €23,586 | -€8,391 | -26.2% |
| Other tangible fixed assets | 26 | €1,756 | €1,553 | -€204 | -11.6% |
| Financial fixed assets | 28 | €1,131 | €1,131 | = | 0.0% |
| Current assets | 29/58 | €52,167 | €50,916 | -€1,252 | -2.4% |
| Stocks and contracts in progress | 3 | €15,071 | €8,767 | -€6,304 | -41.8% |
| Stocks | 30/36 | €15,071 | €8,767 | -€6,304 | -41.8% |
| Amounts receivable within one year | 40/41 | €17,213 | €20,209 | +€2,996 | +17.4% |
| Trade receivables | 40 | €16,745 | €19,480 | +€2,735 | +16.3% |
| Other amounts receivable | 41 | €469 | €730 | +€261 | +55.7% |
| Cash at bank and in hand | 54/58 | €18,293 | €17,695 | -€598 | -3.3% |
| Deferred charges and accrued income | 490/1 | €1,590 | €4,245 | +€2,655 | +167% |
| Total equity and liabilities | 10/49 | €87,031 | €77,185 | -€9,846 | -11.3% |
| Equity | 10/15 | €21,990 | €37,776 | +€15,786 | +71.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€46,210 | -€30,424 | +€15,786 | +34.2% |
| Amounts payable | 17/49 | €65,041 | €39,409 | -€25,632 | -39.4% |
| Amounts payable within one year | 42/48 | €65,041 | €39,409 | -€25,632 | -39.4% |
| Trade debts | 44 | €19,000 | €6,879 | -€12,120 | -63.8% |
| Suppliers | 440/4 | €19,000 | €6,879 | -€12,120 | -63.8% |
| Taxes, remuneration and social security | 45 | €2,265 | €2,726 | +€460 | +20.3% |
| Taxes | 450/3 | €1,224 | €1,505 | +€281 | +23.0% |
| Remuneration and social security | 454/9 | €1,041 | €1,220 | +€179 | +17.2% |
| Other amounts payable | 47/48 | €43,776 | €29,804 | -€13,972 | -31.9% |
| Remuneration, social security and pensions | 62 | €17,907 | €21,338 | +€3,431 | +19.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,553 | €8,594 | +€41 | +0.5% |
| Other operating charges | 640/8 | €812 | €3,161 | +€2,349 | +289% |
| Gross operating margin | 9900 | €11,425 | €48,310 | +€36,885 | +323% |
| Operating profit (loss) | 9901 | -€15,848 | €15,217 | +€31,065 | |
| Financial income | 75/76B | €261 | €1,658 | +€1,397 | +535% |
| Recurring financial income | 75 | €261 | €1,658 | +€1,397 | +535% |
| Financial charges | 65/66B | €459 | €677 | +€219 | +47.6% |
| Recurring financial charges | 65 | €459 | €381 | -€78 | -17.0% |
| Non-recurring financial charges | 66B | - | €296 | +€296 | |
| Profit (loss) for the period before taxes | 9903 | -€16,046 | €16,197 | +€32,243 | |
| Income taxes | 67/77 | €401 | €411 | +€10 | +2.5% |
| Profit (loss) for the period | 9904 | -€16,447 | €15,786 | +€32,233 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,447 | €15,786 | +€32,233 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.