HENEFFE CONSTRUCTION: 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.
HENEFFE CONSTRUCTION
Largest movements
- Stocks and contracts -€4,528
down €4,528 (-54.2%), from €8,352 to €3,824
- Receivables within one year -€4,129
down €4,129 (-15.4%), from €26,876 to €22,747
of which Other amounts receivable: -€3,834
- Tangible fixed assets -€2,363
down €2,363 (-12.8%), from €18,399 to €16,036
of which Plant, machinery and equipment: -€9,169
- Cash +€2,195
up €2,195 (+33.9%), from €6,473 to €8,668
mainly Depreciation (+€15,777) and Net result for the year (+€9,201)
- Intangible fixed assets -€714
down €714 (-28.6%), from €2,494 to €1,780
- Profit (loss) carried forward +€9,201
up €9,201 (+153.8%), from €5,983 to €15,184
- Other debts -€8,391
down €8,391 (-72.8%), from €11,524 to €3,133
- Debts after one year -€7,232
down €7,232 (-37.7%), from €19,178 to €11,947
- Trade debts -€4,308
down €4,308 (-67.6%), from €6,376 to €2,068
- Tax, wage and social debts +€1,046
up €1,046 (+19.6%), from €5,336 to €6,383
of which Taxes: +€3,046
- Gross operating margin +€9,217
up €9,217 (+40.4%), from €22,813 to €32,030
- Depreciation +€2,668
up €2,668 (+20.4%), from €13,109 to €15,777
- Taxes +€1,583
up €1,583 (+82.1%), from €1,929 to €3,512
- Financial charges -€464
down €464 (-19.2%), from €2,419 to €1,956
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 | €63,846 | €54,699 | -€9,148 | -14.3% |
| Fixed assets | 21/28 | €20,893 | €17,816 | -€3,077 | -14.7% |
| Intangible fixed assets | 21 | €2,494 | €1,780 | -€714 | -28.6% |
| Tangible fixed assets | 22/27 | €18,399 | €16,036 | -€2,363 | -12.8% |
| Plant, machinery and equipment | 23 | €15,176 | €6,008 | -€9,169 | -60.4% |
| Furniture and vehicles | 24 | €3,222 | €10,028 | +€6,806 | +211.2% |
| Current assets | 29/58 | €42,953 | €36,882 | -€6,071 | -14.1% |
| Stocks and contracts in progress | 3 | €8,352 | €3,824 | -€4,528 | -54.2% |
| Stocks | 30/36 | €8,352 | €3,824 | -€4,528 | -54.2% |
| Amounts receivable within one year | 40/41 | €26,876 | €22,747 | -€4,129 | -15.4% |
| Trade receivables | 40 | €23,042 | €22,747 | -€295 | -1.3% |
| Other amounts receivable | 41 | €3,834 | - | -€3,834 | |
| Cash at bank and in hand | 54/58 | €6,473 | €8,668 | +€2,195 | +33.9% |
| Deferred charges and accrued income | 490/1 | €1,252 | €1,643 | +€392 | +31.3% |
| Total equity and liabilities | 10/49 | €63,846 | €54,699 | -€9,148 | -14.3% |
| Equity | 10/15 | €14,735 | €23,936 | +€9,201 | +62.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €3,752 | €3,752 | = | 0.0% |
| Distributable reserves | 133 | €3,752 | €3,752 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,983 | €15,184 | +€9,201 | +153.8% |
| Amounts payable | 17/49 | €49,111 | €30,763 | -€18,348 | -37.4% |
| Amounts payable after more than one year | 17 | €19,178 | €11,947 | -€7,232 | -37.7% |
| Financial debts | 170/4 | €19,178 | €11,947 | -€7,232 | -37.7% |
| Amounts payable within one year | 42/48 | €29,933 | €18,816 | -€11,117 | -37.1% |
| Current portion of amounts payable after more than one year | 42 | €6,696 | €7,232 | +€536 | +8.0% |
| Trade debts | 44 | €6,376 | €2,068 | -€4,308 | -67.6% |
| Suppliers | 440/4 | €6,376 | €2,068 | -€4,308 | -67.6% |
| Taxes, remuneration and social security | 45 | €5,336 | €6,383 | +€1,046 | +19.6% |
| Taxes | 450/3 | €3,336 | €6,383 | +€3,046 | +91.3% |
| Remuneration and social security | 454/9 | €2,000 | - | -€2,000 | |
| Other amounts payable | 47/48 | €11,524 | €3,133 | -€8,391 | -72.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,109 | €15,777 | +€2,668 | +20.4% |
| Other operating charges | 640/8 | €1,416 | €1,585 | +€169 | +11.9% |
| Gross operating margin | 9900 | €22,813 | €32,030 | +€9,217 | +40.4% |
| Operating profit (loss) | 9901 | €8,288 | €14,668 | +€6,379 | +77.0% |
| Financial income | 75/76B | €1 | €1 | -€0 | -4.7% |
| Recurring financial income | 75 | €1 | €1 | -€0 | -4.7% |
| Financial charges | 65/66B | €2,419 | €1,956 | -€464 | -19.2% |
| Recurring financial charges | 65 | €2,419 | €1,956 | -€464 | -19.2% |
| Profit (loss) for the period before taxes | 9903 | €5,870 | €12,713 | +€6,843 | +116.6% |
| Income taxes | 67/77 | €1,929 | €3,512 | +€1,583 | +82.1% |
| Profit (loss) for the period | 9904 | €3,941 | €9,201 | +€5,260 | +133.5% |
| Profit (loss) for the period to be appropriated | 9905 | €3,941 | €9,201 | +€5,260 | +133.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.