HENDRIX BOUW: 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.
HENDRIX BOUW
Largest movements
- Stocks and contracts +€386,250
up €386,250 (+37.4%), from €1.0m to €1.4m
- Receivables within one year +€57,544
up €57,544 (+221%), from €26,041 to €83,586
of which Trade receivables: +€60,994
- Trade debts +€177,165
up €177,165 (+346%), from €51,162 to €228,327
- Short-term financial debts +€150,000
up €150,000 (+31.7%), from €473,000 to €623,000
- Other debts +€90,613
up €90,613 (+22.9%), from €396,366 to €486,978
- Tax, wage and social debts +€46,923
up €46,923 (+188%), from €24,947 to €71,871
- Profit (loss) carried forward -€19,828
down €19,828 (-455%), from -€4,353 to -€24,181
- Gross operating margin -€153,605
down €153,605, from €149,319 to -€4,286
- Taxes -€24,947
down €24,947 (-100%), from €24,947 to €0
- Financial charges -€9,754
down €9,754 (-38.7%), from €25,176 to €15,422
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 | €1,060,317 | €1,505,189 | +€444,872 | +42.0% |
| Current assets | 29/58 | €1,060,317 | €1,505,189 | +€444,872 | +42.0% |
| Stocks and contracts in progress | 3 | €1,032,281 | €1,418,531 | +€386,250 | +37.4% |
| Stocks | 30/36 | €1,032,281 | €1,418,531 | +€386,250 | +37.4% |
| Amounts receivable within one year | 40/41 | €26,041 | €83,586 | +€57,544 | +221% |
| Trade receivables | 40 | €16,853 | €77,848 | +€60,994 | +362% |
| Other amounts receivable | 41 | €9,188 | €5,738 | -€3,450 | -37.5% |
| Cash at bank and in hand | 54/58 | €1,994 | €3,072 | +€1,078 | +54.1% |
| Total equity and liabilities | 10/49 | €1,060,317 | €1,505,189 | +€444,872 | +42.0% |
| Equity | 10/15 | €114,842 | €95,014 | -€19,828 | -17.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €99,195 | €99,195 | = | 0.0% |
| Distributable reserves | 133 | €99,195 | €99,195 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,353 | -€24,181 | -€19,828 | -455% |
| Amounts payable | 17/49 | €945,475 | €1,410,175 | +€464,700 | +49.1% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €945,475 | €1,410,175 | +€464,700 | +49.1% |
| Financial debts | 43 | €473,000 | €623,000 | +€150,000 | +31.7% |
| Credit institutions | 430/8 | €473,000 | €623,000 | +€150,000 | +31.7% |
| Trade debts | 44 | €51,162 | €228,327 | +€177,165 | +346% |
| Suppliers | 440/4 | €51,162 | €228,327 | +€177,165 | +346% |
| Taxes, remuneration and social security | 45 | €24,947 | €71,871 | +€46,923 | +188% |
| Taxes | 450/3 | €24,947 | €71,871 | +€46,923 | +188% |
| Other amounts payable | 47/48 | €396,366 | €486,978 | +€90,613 | +22.9% |
| Other operating charges | 640/8 | - | €120 | +€120 | |
| Gross operating margin | 9900 | €149,319 | -€4,286 | -€153,605 | |
| Operating profit (loss) | 9901 | €149,319 | -€4,406 | -€153,725 | |
| Financial charges | 65/66B | €25,176 | €15,422 | -€9,754 | -38.7% |
| Recurring financial charges | 65 | €25,176 | €15,422 | -€9,754 | -38.7% |
| Profit (loss) for the period before taxes | 9903 | €124,143 | -€19,828 | -€143,971 | |
| Income taxes | 67/77 | €24,947 | €0 | -€24,947 | -100% |
| Profit (loss) for the period | 9904 | €99,195 | -€19,828 | -€119,023 | |
| Profit (loss) for the period to be appropriated | 9905 | €99,195 | -€19,828 | -€119,023 |
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 27 October 2026 via checked.be.