HENGOR: 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.
HENGOR
Largest movements
- Cash -€109
down €109 (-10.2%), from €1,061 to €952
mainly Net result for the year (-€978)
- Profit (loss) carried forward -€978
down €978 (-0.7%), from -€132,536 to -€133,515
- Other debts +€869
up €869 (+0.8%), from €102,544 to €103,413
- Gross operating margin -€171
down €171 (-24.1%), from -€708 to -€879
- Financial charges +€50
up €50 (+101.9%), from €49 to €100
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 | €1,061 | €952 | -€109 | -10.2% |
| Current assets | 29/58 | €1,061 | €952 | -€109 | -10.2% |
| Cash at bank and in hand | 54/58 | €1,061 | €952 | -€109 | -10.2% |
| Total equity and liabilities | 10/49 | €1,061 | €952 | -€109 | -10.2% |
| Equity | 10/15 | -€101,550 | -€102,528 | -€978 | -1.0% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Capital | 10 | €30,987 | €30,987 | = | 0.0% |
| Issued capital | 100 | €30,987 | €30,987 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€132,536 | -€133,515 | -€978 | -0.7% |
| Amounts payable | 17/49 | €102,610 | €103,480 | +€870 | +0.8% |
| Amounts payable within one year | 42/48 | €102,544 | €103,413 | +€869 | +0.8% |
| Other amounts payable | 47/48 | €102,544 | €103,413 | +€869 | +0.8% |
| Accrued charges and deferred income | 492/3 | €66 | €67 | +€1 | +2.0% |
| Gross operating margin | 9900 | -€708 | -€879 | -€171 | -24.1% |
| Operating profit (loss) | 9901 | -€708 | -€879 | -€171 | -24.1% |
| Financial charges | 65/66B | €49 | €100 | +€50 | +101.9% |
| Recurring financial charges | 65 | €49 | €100 | +€50 | +101.9% |
| Profit (loss) for the period before taxes | 9903 | -€758 | -€978 | -€221 | -29.2% |
| Profit (loss) for the period | 9904 | -€758 | -€978 | -€221 | -29.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€758 | -€978 | -€221 | -29.2% |
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 5 October 2026 via checked.be.