Hendrickx-Deltenre: what changed
Hendrickx-Deltenre
Largest movements
- Tangible fixed assets -€22,266
down €22,266 (-21.1%), from €105,664 to €83,399
of which Plant, machinery and equipment: -€16,781
- Cash -€10,810
down €10,810 (-22.4%), from €48,242 to €37,431
mainly Net result for the year (-€21,303) and Other debts (-€6,519)
- Receivables within one year +€4,914
up €4,914 (+59.5%), from €8,263 to €13,177
- Profit (loss) carried forward -€21,303
new in 2025: -€21,303
- Other debts -€6,519
down €6,519 (-60.3%), from €10,819 to €4,299
- Tax, wage and social debts -€5,893
down €5,893 (-49.0%), from €12,031 to €6,138
of which Remuneration and social security: -€7,594
- Trade debts +€5,553
up €5,553 (+489%), from €1,135 to €6,687
- Gross operating margin -€49,219
down €49,219 (-85.5%), from €57,553 to €8,334
- Taxes -€7,907
down €7,907 (-98.9%), from €7,993 to €86
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €176,420 | €148,257 | -€28,162 | -16.0% |
| Fixed assets | 21/28 | €105,664 | €83,399 | -€22,266 | -21.1% |
| Tangible fixed assets | 22/27 | €105,664 | €83,399 | -€22,266 | -21.1% |
| Land and buildings | 22 | €1,951 | €1,683 | -€268 | -13.7% |
| Plant, machinery and equipment | 23 | €87,976 | €71,195 | -€16,781 | -19.1% |
| Furniture and vehicles | 24 | €15,737 | €10,521 | -€5,217 | -33.1% |
| Current assets | 29/58 | €70,755 | €64,859 | -€5,896 | -8.3% |
| Stocks and contracts in progress | 3 | €14,250 | €14,250 | = | 0.0% |
| Stocks | 30/36 | €14,250 | €14,250 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €8,263 | €13,177 | +€4,914 | +59.5% |
| Other amounts receivable | 41 | €8,263 | €13,177 | +€4,914 | +59.5% |
| Cash at bank and in hand | 54/58 | €48,242 | €37,431 | -€10,810 | -22.4% |
| Total equity and liabilities | 10/49 | €176,420 | €148,257 | -€28,162 | -16.0% |
| Equity | 10/15 | €152,435 | €131,132 | -€21,303 | -14.0% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €137,435 | €137,435 | = | 0.0% |
| Distributable reserves | 133 | €137,435 | €137,435 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€21,303 | -€21,303 | |
| Amounts payable | 17/49 | €23,984 | €17,125 | -€6,859 | -28.6% |
| Amounts payable within one year | 42/48 | €23,984 | €17,125 | -€6,859 | -28.6% |
| Trade debts | 44 | €1,135 | €6,687 | +€5,553 | +489% |
| Suppliers | 440/4 | €1,135 | €6,687 | +€5,553 | +489% |
| Taxes, remuneration and social security | 45 | €12,031 | €6,138 | -€5,893 | -49.0% |
| Taxes | 450/3 | €4,437 | €6,138 | +€1,701 | +38.3% |
| Remuneration and social security | 454/9 | €7,594 | - | -€7,594 | |
| Other amounts payable | 47/48 | €10,819 | €4,299 | -€6,519 | -60.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,266 | €22,266 | = | 0.0% |
| Other operating charges | 640/8 | €7,087 | €7,210 | +€123 | +1.7% |
| Gross operating margin | 9900 | €57,553 | €8,334 | -€49,219 | -85.5% |
| Operating profit (loss) | 9901 | €28,200 | -€21,142 | -€49,342 | |
| Financial income | 75/76B | €182 | €126 | -€57 | -31.1% |
| Recurring financial income | 75 | €182 | €126 | -€57 | -31.1% |
| Financial charges | 65/66B | €65 | €200 | +€135 | +207% |
| Recurring financial charges | 65 | €65 | €200 | +€135 | +207% |
| Profit (loss) for the period before taxes | 9903 | €28,317 | -€21,217 | -€49,534 | |
| Income taxes | 67/77 | €7,993 | €86 | -€7,907 | -98.9% |
| Profit (loss) for the period | 9904 | €20,324 | -€21,303 | -€41,627 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,324 | -€21,303 | -€41,627 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.