HENCKER: what changed
Two fiscal 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.
HENCKER
Largest movements
- Receivables within one year -€1,195
down €1,195 (-7.1%), from €16,783 to €15,588
- Profit (loss) carried forward -€7,252
down €7,252 (-4.5%), from -€161,061 to -€168,313
- Trade debts +€4,268
up €4,268 (+287.2%), from €1,486 to €5,755
- Other debts +€1,700
up €1,700 (+7.9%), from €21,591 to €23,291
- Gross operating margin -€6,706
down €6,706, from €489 to -€6,217
- Financial income -€1,413
down €1,413 (-78.7%), from €1,796 to €383
- Other operating charges +€532
up €532 (+113.9%), from €467 to €999
- Taxes -€433
no longer reported in 2025 (was €433)
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.
Cash bridge derived
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 | €20,148 | €18,865 | -€1,284 | -6.4% |
| Fixed assets | 21/28 | €3,072 | €3,000 | -€72 | -2.3% |
| Tangible fixed assets | 22/27 | €3,072 | €3,000 | -€72 | -2.3% |
| Other tangible fixed assets | 26 | €3,072 | €3,000 | -€72 | -2.3% |
| Current assets | 29/58 | €17,076 | €15,865 | -€1,212 | -7.1% |
| Amounts receivable within one year | 40/41 | €16,783 | €15,588 | -€1,195 | -7.1% |
| Other amounts receivable | 41 | €16,783 | €15,588 | -€1,195 | -7.1% |
| Cash at bank and in hand | 54/58 | €280 | €264 | -€17 | -5.9% |
| Deferred charges and accrued income | 490/1 | €13 | €13 | = | 0.0% |
| Total equity and liabilities | 10/49 | €20,148 | €18,865 | -€1,284 | -6.4% |
| Equity | 10/15 | -€140,610 | -€147,862 | -€7,252 | -5.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€161,061 | -€168,313 | -€7,252 | -4.5% |
| Amounts payable | 17/49 | €160,758 | €166,726 | +€5,968 | +3.7% |
| Amounts payable within one year | 42/48 | €160,758 | €166,726 | +€5,968 | +3.7% |
| Trade debts | 44 | €1,486 | €5,755 | +€4,268 | +287.2% |
| Suppliers | 440/4 | €1,486 | €5,755 | +€4,268 | +287.2% |
| Taxes, remuneration and social security | 45 | €137,680 | €137,680 | = | 0.0% |
| Taxes | 450/3 | €137,680 | €137,680 | = | 0.0% |
| Other amounts payable | 47/48 | €21,591 | €23,291 | +€1,700 | +7.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €95 | €72 | -€23 | -24.2% |
| Other operating charges | 640/8 | €467 | €999 | +€532 | +113.9% |
| Non-recurring operating charges | 66A | - | €258 | +€258 | |
| Gross operating margin | 9900 | €489 | -€6,217 | -€6,706 | |
| Operating profit (loss) | 9901 | -€73 | -€7,546 | -€7,473 | -10214.3% |
| Financial income | 75/76B | €1,796 | €383 | -€1,413 | -78.7% |
| Recurring financial income | 75 | €1,796 | €383 | -€1,413 | -78.7% |
| Financial charges | 65/66B | €135 | €89 | -€46 | -34.3% |
| Recurring financial charges | 65 | €135 | €89 | -€46 | -34.3% |
| Profit (loss) for the period before taxes | 9903 | €1,588 | -€7,252 | -€8,839 | |
| Income taxes | 67/77 | €433 | - | -€433 | |
| Profit (loss) for the period | 9904 | €1,155 | -€7,252 | -€8,407 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,155 | -€7,252 | -€8,407 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.