HENDBOEG 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.
HENDBOEG et Co
Largest movements
- Receivables within one year +€635
up €635 (+29.3%), from €2,168 to €2,803
- Tangible fixed assets +€520
up €520 (+87.4%), from €595 to €1,115
- Other debts +€6,444
up €6,444 (+177%), from €3,649 to €10,093
- Profit (loss) carried forward -€5,486
down €5,486 (-21.4%), from -€25,694 to -€31,180
- Short-term financial debts +€453
new in 2025: €453
- Tax, wage and social debts -€325
down €325 (-48.1%), from €676 to €351
- Trade debts +€65
up €65 (+1.8%), from €3,685 to €3,750
- Gross operating margin +€5,006
up €5,006 (+63.2%), from -€7,917 to -€2,911
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 | €2,767 | €3,918 | +€1,151 | +41.6% |
| Fixed assets | 21/28 | €595 | €1,115 | +€520 | +87.4% |
| Tangible fixed assets | 22/27 | €595 | €1,115 | +€520 | +87.4% |
| Furniture and vehicles | 24 | €595 | €1,115 | +€520 | +87.4% |
| Current assets | 29/58 | €2,172 | €2,803 | +€631 | +29.1% |
| Amounts receivable within one year | 40/41 | €2,168 | €2,803 | +€635 | +29.3% |
| Other amounts receivable | 41 | €2,168 | €2,803 | +€635 | +29.3% |
| Cash at bank and in hand | 54/58 | €4 | - | -€4 | |
| Total equity and liabilities | 10/49 | €2,767 | €3,918 | +€1,151 | +41.6% |
| Equity | 10/15 | -€5,243 | -€10,729 | -€5,486 | -105% |
| Contributions | 10/11 | €20,451 | €20,451 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,694 | -€31,180 | -€5,486 | -21.4% |
| Amounts payable | 17/49 | €8,010 | €14,647 | +€6,637 | +82.9% |
| Amounts payable within one year | 42/48 | €8,010 | €14,647 | +€6,637 | +82.9% |
| Financial debts | 43 | - | €453 | +€453 | |
| Credit institutions | 430/8 | - | €453 | +€453 | |
| Trade debts | 44 | €3,685 | €3,750 | +€65 | +1.8% |
| Suppliers | 440/4 | €3,685 | €3,750 | +€65 | +1.8% |
| Taxes, remuneration and social security | 45 | €676 | €351 | -€325 | -48.1% |
| Taxes | 450/3 | €676 | €351 | -€325 | -48.1% |
| Other amounts payable | 47/48 | €3,649 | €10,093 | +€6,444 | +177% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €776 | €702 | -€74 | -9.5% |
| Other operating charges | 640/8 | €1,284 | €1,350 | +€66 | +5.1% |
| Gross operating margin | 9900 | -€7,917 | -€2,911 | +€5,006 | +63.2% |
| Operating profit (loss) | 9901 | -€9,977 | -€4,963 | +€5,014 | +50.3% |
| Financial charges | 65/66B | €390 | €343 | -€47 | -12.1% |
| Recurring financial charges | 65 | €390 | €343 | -€47 | -12.1% |
| Profit (loss) for the period before taxes | 9903 | -€10,367 | -€5,306 | +€5,061 | +48.8% |
| Income taxes | 67/77 | €160 | €180 | +€20 | +12.5% |
| Profit (loss) for the period | 9904 | -€10,527 | -€5,486 | +€5,041 | +47.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,527 | -€5,486 | +€5,041 | +47.9% |
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 25 October 2026 via checked.be.