HENI OPTIC: 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.
HENI OPTIC
Largest movements
- Receivables within one year +€22,552
up €22,552 (+933.2%), from €2,417 to €24,969
of which Trade receivables: +€17,157
- Tangible fixed assets -€7,184
down €7,184 (-13.1%), from €54,719 to €47,535
of which Furniture and vehicles: -€6,797
- Cash -€3,245
down €3,245 (-42.8%), from €7,583 to €4,338
mainly Receivables within one year (-€22,552) and Other debts (-€22,211)
- Stocks and contracts -€3,169
down €3,169 (-8.0%), from €39,469 to €36,300
- Profit (loss) carried forward +€24,760
up €24,760 (+96.2%), from -€25,741 to -€981
- Other debts -€22,211
no longer reported in 2025 (was €22,211)
- Trade debts +€12,454
up €12,454 (+83.7%), from €14,871 to €27,325
- Debts after one year -€7,882
down €7,882 (-16.9%), from €46,636 to €38,754
- Tax, wage and social debts +€1,783
up €1,783 (+9.0%), from €19,893 to €21,676
of which Taxes: +€9,190
- Staff costs -€48,749
down €48,749 (-75.2%), from €64,811 to €16,062
- Gross operating margin -€27,402
down €27,402 (-30.8%), from €89,079 to €61,677
- Taxes +€11,601
up €11,601 (+1564.5%), from €742 to €12,343
- Financial charges -€2,894
down €2,894 (-94.9%), from €3,050 to €156
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 | €106,665 | €115,115 | +€8,450 | +7.9% |
| Fixed assets | 21/28 | €56,692 | €49,508 | -€7,184 | -12.7% |
| Tangible fixed assets | 22/27 | €54,719 | €47,535 | -€7,184 | -13.1% |
| Furniture and vehicles | 24 | €53,557 | €46,760 | -€6,797 | -12.7% |
| Other tangible fixed assets | 26 | €1,161 | €774 | -€387 | -33.3% |
| Financial fixed assets | 28 | €1,973 | €1,973 | = | 0.0% |
| Current assets | 29/58 | €49,973 | €65,607 | +€15,634 | +31.3% |
| Stocks and contracts in progress | 3 | €39,469 | €36,300 | -€3,169 | -8.0% |
| Stocks | 30/36 | €39,469 | €36,300 | -€3,169 | -8.0% |
| Amounts receivable within one year | 40/41 | €2,417 | €24,969 | +€22,552 | +933.2% |
| Trade receivables | 40 | - | €17,157 | +€17,157 | |
| Other amounts receivable | 41 | €2,417 | €7,812 | +€5,395 | +223.3% |
| Cash at bank and in hand | 54/58 | €7,583 | €4,338 | -€3,245 | -42.8% |
| Deferred charges and accrued income | 490/1 | €505 | - | -€505 | |
| Total equity and liabilities | 10/49 | €106,665 | €115,115 | +€8,450 | +7.9% |
| Equity | 10/15 | -€5,281 | €19,479 | +€24,760 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,741 | -€981 | +€24,760 | +96.2% |
| Amounts payable | 17/49 | €111,946 | €95,636 | -€16,310 | -14.6% |
| Amounts payable after more than one year | 17 | €46,636 | €38,754 | -€7,882 | -16.9% |
| Financial debts | 170/4 | €46,636 | €38,754 | -€7,882 | -16.9% |
| Amounts payable within one year | 42/48 | €65,311 | €56,883 | -€8,428 | -12.9% |
| Current portion of amounts payable after more than one year | 42 | €8,336 | €7,882 | -€454 | -5.4% |
| Trade debts | 44 | €14,871 | €27,325 | +€12,454 | +83.7% |
| Suppliers | 440/4 | €14,871 | €27,325 | +€12,454 | +83.7% |
| Taxes, remuneration and social security | 45 | €19,893 | €21,676 | +€1,783 | +9.0% |
| Taxes | 450/3 | €10,879 | €20,069 | +€9,190 | +84.5% |
| Remuneration and social security | 454/9 | €9,014 | €1,607 | -€7,407 | -82.2% |
| Other amounts payable | 47/48 | €22,211 | - | -€22,211 | |
| Remuneration, social security and pensions | 62 | €64,811 | €16,062 | -€48,749 | -75.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,184 | €7,184 | = | 0.0% |
| Other operating charges | 640/8 | €1,188 | €1,172 | -€16 | -1.4% |
| Gross operating margin | 9900 | €89,079 | €61,677 | -€27,402 | -30.8% |
| Operating profit (loss) | 9901 | €15,895 | €37,259 | +€21,363 | +134.4% |
| Financial charges | 65/66B | €3,050 | €156 | -€2,894 | -94.9% |
| Recurring financial charges | 65 | €3,050 | €156 | -€2,894 | -94.9% |
| Profit (loss) for the period before taxes | 9903 | €12,845 | €37,103 | +€24,257 | +188.8% |
| Income taxes | 67/77 | €742 | €12,343 | +€11,601 | +1564.5% |
| Profit (loss) for the period | 9904 | €12,104 | €24,760 | +€12,656 | +104.6% |
| Profit (loss) for the period to be appropriated | 9905 | €12,104 | €24,760 | +€12,656 | +104.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.