HENDRIMMO: 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.
HENDRIMMO
Largest movements
- Tangible fixed assets +€387,220
up €387,220 (+12.4%), from €3.1m to €3.5m
- Cash +€136,064
up €136,064 (+61.8%), from €220,296 to €356,360
mainly Debts after one year (+€212,113) and Trade debts (+€180,719)
- Debts after one year +€212,113
up €212,113 (+9.1%), from €2.3m to €2.6m
- Trade debts +€180,719
up €180,719 (+876.7%), from €20,612 to €201,331
- Reserves +€73,969
up €73,969 (+13.5%), from €549,780 to €623,749
of which Distributable reserves: +€88,421
- Tax, wage and social debts +€45,717
up €45,717 (+1884.2%), from €2,426 to €48,144
- Depreciation -€79,878
down €79,878 (-47.4%), from €168,519 to €88,641
- Gross operating margin +€77,478
up €77,478 (+31.4%), from €246,885 to €324,364
- Taxes +€35,487
up €35,487 (+54950.4%), from €65 to €35,552
- Other operating charges +€5,070
up €5,070 (+24.0%), from €21,111 to €26,182
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 | €3,367,346 | €3,884,953 | +€517,607 | +15.4% |
| Fixed assets | 21/28 | €3,115,115 | €3,502,335 | +€387,220 | +12.4% |
| Tangible fixed assets | 22/27 | €3,115,115 | €3,502,335 | +€387,220 | +12.4% |
| Land and buildings | 22 | €3,115,115 | €3,502,335 | +€387,220 | +12.4% |
| Current assets | 29/58 | €252,231 | €382,618 | +€130,387 | +51.7% |
| Amounts receivable within one year | 40/41 | €31,935 | €24,208 | -€7,728 | -24.2% |
| Trade receivables | 40 | €4,850 | €4,477 | -€373 | -7.7% |
| Other amounts receivable | 41 | €27,086 | €19,731 | -€7,355 | -27.2% |
| Cash at bank and in hand | 54/58 | €220,296 | €356,360 | +€136,064 | +61.8% |
| Deferred charges and accrued income | 490/1 | - | €2,051 | +€2,051 | |
| Total equity and liabilities | 10/49 | €3,367,346 | €3,884,953 | +€517,607 | +15.4% |
| Equity | 10/15 | €602,878 | €676,848 | +€73,969 | +12.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €549,780 | €623,749 | +€73,969 | +13.5% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €394,421 | €379,970 | -€14,451 | -3.7% |
| Distributable reserves | 133 | €153,359 | €241,779 | +€88,421 | +57.7% |
| Profit (loss) carried forward | 14 | €33,098 | €33,098 | = | 0.0% |
| Provisions and deferred taxes | 16 | €125,604 | €120,787 | -€4,817 | -3.8% |
| Deferred taxes | 168 | €125,604 | €120,787 | -€4,817 | -3.8% |
| Amounts payable | 17/49 | €2,638,864 | €3,087,319 | +€448,455 | +17.0% |
| Amounts payable after more than one year | 17 | €2,342,777 | €2,554,890 | +€212,113 | +9.1% |
| Financial debts | 170/4 | €2,342,777 | €2,554,890 | +€212,113 | +9.1% |
| Amounts payable within one year | 42/48 | €296,086 | €532,429 | +€236,343 | +79.8% |
| Current portion of amounts payable after more than one year | 42 | €135,692 | €145,532 | +€9,841 | +7.3% |
| Trade debts | 44 | €20,612 | €201,331 | +€180,719 | +876.7% |
| Suppliers | 440/4 | €20,612 | €201,331 | +€180,719 | +876.7% |
| Taxes, remuneration and social security | 45 | €2,426 | €48,144 | +€45,717 | +1884.2% |
| Taxes | 450/3 | €2,426 | €48,144 | +€45,717 | +1884.2% |
| Other amounts payable | 47/48 | €137,356 | €137,422 | +€66 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €168,519 | €88,641 | -€79,878 | -47.4% |
| Other operating charges | 640/8 | €21,111 | €26,182 | +€5,070 | +24.0% |
| Gross operating margin | 9900 | €246,885 | €324,364 | +€77,478 | +31.4% |
| Operating profit (loss) | 9901 | €57,255 | €209,541 | +€152,286 | +266.0% |
| Financial income | 75/76B | €6 | €377 | +€370 | +5889.2% |
| Recurring financial income | 75 | €6 | €377 | +€370 | +5889.2% |
| Financial charges | 65/66B | €102,371 | €105,214 | +€2,843 | +2.8% |
| Recurring financial charges | 65 | €102,371 | €105,214 | +€2,843 | +2.8% |
| Profit (loss) for the period before taxes | 9903 | -€45,110 | €104,704 | +€149,814 | |
| Transfer from deferred taxes | 780 | €4,817 | €4,817 | = | 0.0% |
| Income taxes | 67/77 | €65 | €35,552 | +€35,487 | +54950.4% |
| Profit (loss) for the period | 9904 | -€40,358 | €73,969 | +€114,327 | |
| Transfer from tax-exempt reserves | 789 | €14,451 | €14,451 | +€0 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€25,906 | €88,421 | +€114,327 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.