HENDRIX KONSTANTIJN: 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 KONSTANTIJN
Largest movements
- Cash +€100,222
up €100,222 (+1,680%), from €5,966 to €106,188
mainly Trade debts (+€65,246) and Advances received (+€48,400)
- Receivables within one year +€10,150
up €10,150 (+2.6%), from €395,558 to €405,708
of which Trade receivables: +€91,559
- Tangible fixed assets +€8,348
up €8,348 (+983%), from €850 to €9,198
of which Furniture and vehicles: +€5,024
- Trade debts +€65,246
up €65,246 (+166%), from €39,396 to €104,642
- Advances received +€48,400
new in 2025: €48,400
- Reserves +€26,179
up €26,179 (+8.0%), from €325,365 to €351,544
of which Distributable reserves: +€26,179
- Tax, wage and social debts -€24,855
down €24,855 (-43.2%), from €57,572 to €32,718
of which Taxes: -€23,033
- Gross operating margin +€26,286
up €26,286 (+45.6%), from €57,696 to €83,982
- Taxes +€7,724
up €7,724 (+255%), from €3,025 to €10,749
- Other operating charges +€2,921
up €2,921 (+75.1%), from €3,890 to €6,811
- Staff costs -€2,529
down €2,529 (-6.0%), from €42,245 to €39,715
- Financial income -€2,325
down €2,325 (-55.7%), from €4,177 to €1,851
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 | €462,914 | €581,634 | +€118,720 | +25.6% |
| Fixed assets | 21/28 | €850 | €9,198 | +€8,348 | +983% |
| Tangible fixed assets | 22/27 | €850 | €9,198 | +€8,348 | +983% |
| Plant, machinery and equipment | 23 | €103 | €3,428 | +€3,325 | +3,224% |
| Furniture and vehicles | 24 | €746 | €5,770 | +€5,024 | +673% |
| Current assets | 29/58 | €462,065 | €572,436 | +€110,372 | +23.9% |
| Amounts receivable after more than one year | 29 | €55,000 | €55,000 | = | 0.0% |
| Trade receivables | 290 | €55,000 | €55,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €395,558 | €405,708 | +€10,150 | +2.6% |
| Trade receivables | 40 | €184,964 | €276,523 | +€91,559 | +49.5% |
| Other amounts receivable | 41 | €210,595 | €129,185 | -€81,410 | -38.7% |
| Cash at bank and in hand | 54/58 | €5,966 | €106,188 | +€100,222 | +1,680% |
| Deferred charges and accrued income | 490/1 | €5,540 | €5,540 | = | 0.0% |
| Total equity and liabilities | 10/49 | €462,914 | €581,634 | +€118,720 | +25.6% |
| Equity | 10/15 | €337,765 | €363,944 | +€26,179 | +7.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €325,365 | €351,544 | +€26,179 | +8.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €323,505 | €349,684 | +€26,179 | +8.1% |
| Provisions and deferred taxes | 16 | €18,666 | €18,666 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €18,666 | €18,666 | = | 0.0% |
| Environmental obligations | 163 | €18,666 | €18,666 | = | 0.0% |
| Amounts payable | 17/49 | €106,483 | €199,025 | +€92,541 | +86.9% |
| Amounts payable within one year | 42/48 | €98,728 | €191,270 | +€92,541 | +93.7% |
| Trade debts | 44 | €39,396 | €104,642 | +€65,246 | +166% |
| Suppliers | 440/4 | €39,396 | €104,642 | +€65,246 | +166% |
| Advances received on contracts in progress | 46 | - | €48,400 | +€48,400 | |
| Taxes, remuneration and social security | 45 | €57,572 | €32,718 | -€24,855 | -43.2% |
| Taxes | 450/3 | €40,193 | €17,160 | -€23,033 | -57.3% |
| Remuneration and social security | 454/9 | €17,380 | €15,557 | -€1,822 | -10.5% |
| Other amounts payable | 47/48 | €1,760 | €5,510 | +€3,750 | +213% |
| Accrued charges and deferred income | 492/3 | €7,755 | €7,755 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €42,245 | €39,715 | -€2,529 | -6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,254 | €2,167 | -€2,088 | -49.1% |
| Other operating charges | 640/8 | €3,890 | €6,811 | +€2,921 | +75.1% |
| Gross operating margin | 9900 | €57,696 | €83,982 | +€26,286 | +45.6% |
| Operating profit (loss) | 9901 | €7,307 | €35,289 | +€27,982 | +383% |
| Financial income | 75/76B | €4,177 | €1,851 | -€2,325 | -55.7% |
| Recurring financial income | 75 | €4,177 | €1,851 | -€2,325 | -55.7% |
| Financial charges | 65/66B | €969 | €213 | -€757 | -78.1% |
| Recurring financial charges | 65 | €969 | €213 | -€757 | -78.1% |
| Profit (loss) for the period before taxes | 9903 | €10,514 | €36,928 | +€26,414 | +251% |
| Income taxes | 67/77 | €3,025 | €10,749 | +€7,724 | +255% |
| Profit (loss) for the period | 9904 | €7,489 | €26,179 | +€18,690 | +250% |
| Profit (loss) for the period to be appropriated | 9905 | €7,489 | €26,179 | +€18,690 | +250% |
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 14 October 2026 via checked.be.