HENDRIX LOONWERKEN: 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 LOONWERKEN
Largest movements
- Tangible fixed assets +€338,298
up €338,298 (+36.7%), from €921,690 to €1.3m
of which Leasing and similar rights: +€491,171
- Cash +€92,403
up €92,403 (+51.1%), from €180,839 to €273,243
mainly Debts after one year (+€306,449) and Depreciation (+€289,338)
- Receivables within one year -€36,608
down €36,608 (-13.6%), from €268,368 to €231,760
of which Trade receivables: -€28,728
- Debts after one year +€306,449
up €306,449 (+38.5%), from €796,230 to €1.1m
of which Financial debts: +€306,449
- Reserves +€44,647
up €44,647 (+15.7%), from €285,163 to €329,810
of which Distributable reserves: +€48,000
- Accrued charges and deferred income +€23,335
up €23,335, from €0 to €23,335
- Gross operating margin +€80,035
up €80,035 (+26.2%), from €305,469 to €385,504
- Financial charges +€28,043
up €28,043 (+161.5%), from €17,368 to €45,411
- Taxes +€4,832
up €4,832 (+1310.3%), from €369 to €5,201
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 | €1,378,366 | €1,777,477 | +€399,111 | +29.0% |
| Fixed assets | 21/28 | €921,690 | €1,259,988 | +€338,298 | +36.7% |
| Tangible fixed assets | 22/27 | €921,690 | €1,259,988 | +€338,298 | +36.7% |
| Land and buildings | 22 | €147,850 | €139,153 | -€8,697 | -5.9% |
| Plant, machinery and equipment | 23 | €83,458 | €20,326 | -€63,131 | -75.6% |
| Furniture and vehicles | 24 | €209,194 | €128,149 | -€81,045 | -38.7% |
| Leasing and similar rights | 25 | €481,189 | €972,360 | +€491,171 | +102.1% |
| Current assets | 29/58 | €456,675 | €517,489 | +€60,814 | +13.3% |
| Amounts receivable within one year | 40/41 | €268,368 | €231,760 | -€36,608 | -13.6% |
| Trade receivables | 40 | €250,792 | €222,064 | -€28,728 | -11.5% |
| Other amounts receivable | 41 | €17,577 | €9,697 | -€7,880 | -44.8% |
| Cash at bank and in hand | 54/58 | €180,839 | €273,243 | +€92,403 | +51.1% |
| Deferred charges and accrued income | 490/1 | €7,467 | €12,486 | +€5,019 | +67.2% |
| Total equity and liabilities | 10/49 | €1,378,366 | €1,777,477 | +€399,111 | +29.0% |
| Equity | 10/15 | €315,194 | €359,906 | +€44,712 | +14.2% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €285,163 | €329,810 | +€44,647 | +15.7% |
| Tax-exempt reserves | 132 | €3,353 | €0 | -€3,353 | -100.0% |
| Distributable reserves | 133 | €281,810 | €329,810 | +€48,000 | +17.0% |
| Profit (loss) carried forward | 14 | €31 | €96 | +€65 | +210.6% |
| Provisions and deferred taxes | 16 | €853 | €0 | -€853 | -100.0% |
| Deferred taxes | 168 | €853 | €0 | -€853 | -100.0% |
| Amounts payable | 17/49 | €1,062,318 | €1,417,571 | +€355,252 | +33.4% |
| Amounts payable after more than one year | 17 | €796,230 | €1,102,678 | +€306,449 | +38.5% |
| Financial debts | 170/4 | €450,230 | €756,678 | +€306,449 | +68.1% |
| Other amounts payable | 178/9 | €346,000 | €346,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €266,089 | €291,557 | +€25,469 | +9.6% |
| Current portion of amounts payable after more than one year | 42 | €153,634 | €166,464 | +€12,830 | +8.4% |
| Trade debts | 44 | €85,000 | €93,836 | +€8,836 | +10.4% |
| Suppliers | 440/4 | €85,000 | €93,836 | +€8,836 | +10.4% |
| Taxes, remuneration and social security | 45 | €589 | €5,295 | +€4,706 | +799.3% |
| Taxes | 450/3 | €589 | €5,295 | +€4,706 | +799.3% |
| Other amounts payable | 47/48 | €26,865 | €25,962 | -€903 | -3.4% |
| Accrued charges and deferred income | 492/3 | €0 | €23,335 | +€23,335 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €288,591 | €289,338 | +€747 | +0.3% |
| Other operating charges | 640/8 | €987 | €1,695 | +€708 | +71.7% |
| Gross operating margin | 9900 | €305,469 | €385,504 | +€80,035 | +26.2% |
| Operating profit (loss) | 9901 | €15,891 | €94,471 | +€78,581 | +494.5% |
| Financial income | 75/76B | €0 | €0 | -€0 | -80.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -80.0% |
| Financial charges | 65/66B | €17,368 | €45,411 | +€28,043 | +161.5% |
| Recurring financial charges | 65 | €17,368 | €45,411 | +€28,043 | +161.5% |
| Profit (loss) for the period before taxes | 9903 | -€1,477 | €49,060 | +€50,537 | |
| Transfer from deferred taxes | 780 | €1,373 | €853 | -€520 | -37.9% |
| Income taxes | 67/77 | €369 | €5,201 | +€4,832 | +1310.3% |
| Profit (loss) for the period | 9904 | -€473 | €44,712 | +€45,185 | |
| Transfer from tax-exempt reserves | 789 | €5,433 | €3,353 | -€2,080 | -38.3% |
| Profit (loss) for the period to be appropriated | 9905 | €4,960 | €48,065 | +€43,105 | +869.0% |
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 12 October 2026 via checked.be.