Hendrikx Consult: 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.
Hendrikx Consult
Largest movements
- Current investments +€1.1m
up €1.1m (+409%), from €275,000 to €1.4m
- Financial fixed assets -€223,757
down €223,757 (-100.0%), from €223,807 to €50
- Receivables within one year -€204,459
down €204,459 (-81.7%), from €250,107 to €45,648
of which Trade receivables: -€217,893
- Cash +€105,587
up €105,587 (+625%), from €16,902 to €122,490
mainly Net result for the year (+€812,525) and Investment in fixed assets (net) (+€223,757)
- Reserves +€812,500
up €812,500 (+309%), from €262,798 to €1.1m
of which Distributable reserves: +€812,500
- Trade debts +€130,896
new in 2025: €130,896
- Other debts -€82,619
down €82,619 (-83.8%), from €98,619 to €16,000
- Tax, wage and social debts -€63,178
down €63,178 (-38.0%), from €166,141 to €102,963
- Gross operating margin +€663,664
up €663,664 (+284%), from €233,886 to €897,550
- Taxes +€11,862
up €11,862 (+16.9%), from €70,181 to €82,043
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 | €773,711 | €1,571,334 | +€797,623 | +103% |
| Fixed assets | 21/28 | €230,663 | €50 | -€230,613 | -100.0% |
| Tangible fixed assets | 22/27 | €6,856 | - | -€6,856 | |
| Furniture and vehicles | 24 | €6,856 | - | -€6,856 | |
| Financial fixed assets | 28 | €223,807 | €50 | -€223,757 | -100.0% |
| Current assets | 29/58 | €543,048 | €1,571,284 | +€1.0m | +189% |
| Amounts receivable within one year | 40/41 | €250,107 | €45,648 | -€204,459 | -81.7% |
| Trade receivables | 40 | €250,107 | €32,214 | -€217,893 | -87.1% |
| Other amounts receivable | 41 | - | €13,434 | +€13,434 | |
| Current investments | 50/53 | €275,000 | €1,400,000 | +€1.1m | +409% |
| Cash at bank and in hand | 54/58 | €16,902 | €122,490 | +€105,587 | +625% |
| Deferred charges and accrued income | 490/1 | €1,038 | €3,147 | +€2,108 | +203% |
| Total equity and liabilities | 10/49 | €773,711 | €1,571,334 | +€797,623 | +103% |
| Equity | 10/15 | €508,950 | €1,321,474 | +€812,525 | +160% |
| Contributions | 10/11 | €51,000 | €51,000 | = | 0.0% |
| Reserves | 13 | €262,798 | €1,075,298 | +€812,500 | +309% |
| Non-distributable reserves | 130/1 | €5,100 | €5,100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,100 | €5,100 | = | 0.0% |
| Distributable reserves | 133 | €257,698 | €1,070,198 | +€812,500 | +315% |
| Profit (loss) carried forward | 14 | €195,152 | €195,176 | +€25 | 0.0% |
| Amounts payable | 17/49 | €264,761 | €249,860 | -€14,901 | -5.6% |
| Amounts payable within one year | 42/48 | €264,761 | €249,860 | -€14,901 | -5.6% |
| Trade debts | 44 | - | €130,896 | +€130,896 | |
| Suppliers | 440/4 | - | €130,896 | +€130,896 | |
| Taxes, remuneration and social security | 45 | €166,141 | €102,963 | -€63,178 | -38.0% |
| Taxes | 450/3 | €166,141 | €102,963 | -€63,178 | -38.0% |
| Other amounts payable | 47/48 | €98,619 | €16,000 | -€82,619 | -83.8% |
| Non-recurring operating income | 76A | - | €893,204 | +€893,204 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,482 | €6,856 | -€625 | -8.4% |
| Other operating charges | 640/8 | €222 | €520 | +€298 | +134% |
| Gross operating margin | 9900 | €233,886 | €897,550 | +€663,664 | +284% |
| Operating profit (loss) | 9901 | €226,182 | €890,174 | +€663,992 | +294% |
| Financial income | 75/76B | €0 | €4,393 | +€4,393 | +43,933,500% |
| Recurring financial income | 75 | €0 | €4,393 | +€4,393 | +43,933,500% |
| Financial charges | 65/66B | €4,166 | - | -€4,166 | |
| Recurring financial charges | 65 | €4,166 | - | -€4,166 | |
| Profit (loss) for the period before taxes | 9903 | €222,016 | €894,567 | +€672,551 | +303% |
| Income taxes | 67/77 | €70,181 | €82,043 | +€11,862 | +16.9% |
| Profit (loss) for the period | 9904 | €151,835 | €812,525 | +€660,689 | +435% |
| Profit (loss) for the period to be appropriated | 9905 | €151,835 | €812,525 | +€660,689 | +435% |
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 20 October 2026 via checked.be.