HENDRIKS & KINDTS: 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.
HENDRIKS & KINDTS
Largest movements
- Tangible fixed assets -€11,057
down €11,057 (-18.3%), from €60,271 to €49,215
of which Furniture and vehicles: -€10,183
- Cash +€10,497
up €10,497 (+2,706%), from €388 to €10,885
mainly Other debts (+€14,749) and Depreciation (+€13,349)
- Receivables within one year -€10,477
down €10,477 (-19.3%), from €54,283 to €43,806
of which Trade receivables: -€7,018
- Stocks and contracts +€10,058
up €10,058 (+13.3%), from €75,849 to €85,907
of which Contracts in progress: +€12,307
- Other debts +€14,749
up €14,749 (+27.9%), from €52,928 to €67,677
- Debts after one year -€14,623
down €14,623 (-30.9%), from €47,301 to €32,677
- Trade debts -€10,273
down €10,273 (-28.0%), from €36,738 to €26,465
- Profit (loss) carried forward +€6,780
up €6,780 (+23.7%), from -€28,654 to -€21,874
- Gross operating margin +€22,865
up €22,865 (+286%), from €7,986 to €30,851
- Financial income -€946
down €946 (-100.0%), from €946 to €0
- Other operating charges +€638
up €638 (+58.5%), from €1,090 to €1,727
- Staff costs +€630
up €630 (+751%), from €84 to €714
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 | €197,544 | €195,291 | -€2,253 | -1.1% |
| Fixed assets | 21/28 | €65,512 | €53,108 | -€12,404 | -18.9% |
| Intangible fixed assets | 21 | €5,240 | €3,893 | -€1,347 | -25.7% |
| Tangible fixed assets | 22/27 | €60,271 | €49,215 | -€11,057 | -18.3% |
| Land and buildings | 22 | €29,487 | €27,913 | -€1,574 | -5.3% |
| Plant, machinery and equipment | 23 | €1,449 | €2,149 | +€700 | +48.3% |
| Furniture and vehicles | 24 | €29,335 | €19,152 | -€10,183 | -34.7% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €132,032 | €142,183 | +€10,151 | +7.7% |
| Stocks and contracts in progress | 3 | €75,849 | €85,907 | +€10,058 | +13.3% |
| Stocks | 30/36 | €75,849 | €73,600 | -€2,249 | -3.0% |
| Contracts in progress | 37 | - | €12,307 | +€12,307 | |
| Amounts receivable within one year | 40/41 | €54,283 | €43,806 | -€10,477 | -19.3% |
| Trade receivables | 40 | €44,411 | €37,394 | -€7,018 | -15.8% |
| Other amounts receivable | 41 | €9,872 | €6,412 | -€3,460 | -35.0% |
| Cash at bank and in hand | 54/58 | €388 | €10,885 | +€10,497 | +2,706% |
| Deferred charges and accrued income | 490/1 | €1,512 | €1,585 | +€73 | +4.8% |
| Total equity and liabilities | 10/49 | €197,544 | €195,291 | -€2,253 | -1.1% |
| Equity | 10/15 | -€3,433 | €3,348 | +€6,780 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €20,221 | €20,221 | = | 0.0% |
| Distributable reserves | 133 | €20,221 | €20,221 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,654 | -€21,874 | +€6,780 | +23.7% |
| Amounts payable | 17/49 | €200,976 | €191,943 | -€9,033 | -4.5% |
| Amounts payable after more than one year | 17 | €47,301 | €32,677 | -€14,623 | -30.9% |
| Financial debts | 170/4 | €47,301 | €32,677 | -€14,623 | -30.9% |
| Amounts payable within one year | 42/48 | €153,676 | €158,606 | +€4,930 | +3.2% |
| Current portion of amounts payable after more than one year | 42 | €14,096 | €14,623 | +€527 | +3.7% |
| Financial debts | 43 | €49,914 | €49,841 | -€73 | -0.1% |
| Credit institutions | 430/8 | €49,914 | €49,841 | -€73 | -0.1% |
| Trade debts | 44 | €36,738 | €26,465 | -€10,273 | -28.0% |
| Suppliers | 440/4 | €36,738 | €26,465 | -€10,273 | -28.0% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €52,928 | €67,677 | +€14,749 | +27.9% |
| Accrued charges and deferred income | 492/3 | - | €660 | +€660 | |
| Remuneration, social security and pensions | 62 | €84 | €714 | +€630 | +751% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,260 | €13,349 | +€89 | +0.7% |
| Other operating charges | 640/8 | €1,090 | €1,727 | +€638 | +58.5% |
| Gross operating margin | 9900 | €7,986 | €30,851 | +€22,865 | +286% |
| Operating profit (loss) | 9901 | -€6,448 | €15,061 | +€21,509 | |
| Financial income | 75/76B | €946 | €0 | -€946 | -100.0% |
| Recurring financial income | 75 | €946 | €0 | -€946 | -100.0% |
| Financial charges | 65/66B | €8,349 | €8,281 | -€68 | -0.8% |
| Recurring financial charges | 65 | €8,349 | €8,281 | -€68 | -0.8% |
| Profit (loss) for the period before taxes | 9903 | -€13,850 | €6,780 | +€20,630 | |
| Profit (loss) for the period | 9904 | -€13,850 | €6,780 | +€20,630 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,850 | €6,780 | +€20,630 |
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 23 October 2026 via checked.be.