HENIMMO: 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.
HENIMMO
Largest movements
- Tangible fixed assets -€30,859
down €30,859 (-7.4%), from €419,656 to €388,797
of which Plant, machinery and equipment: -€21,339
- Cash +€26,065
new in 2025: €26,065
mainly Net result for the year (+€31,879) and Depreciation (+€30,859)
- Profit (loss) carried forward +€31,879
up €31,879 (+17.9%), from -€178,034 to -€146,155
- Other debts -€16,555
down €16,555 (-10.6%), from €156,064 to €139,509
- Short-term financial debts -€7,111
no longer reported in 2025 (was €7,111)
- Debts after one year -€6,749
down €6,749 (-10.6%), from €63,499 to €56,750
of which Financial debts: -€3,649
- Accrued charges and deferred income -€4,582
no longer reported in 2025 (was €4,582)
- Gross operating margin +€31,198
up €31,198 (+64.8%), from €48,145 to €79,343
- Other operating charges -€3,083
down €3,083 (-21.9%), from €14,050 to €10,967
- Taxes -€1,694
down €1,694 (-47.7%), from €3,554 to €1,860
- Financial charges -€1,227
down €1,227 (-24.5%), from €5,005 to €3,778
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 | €426,745 | €424,193 | -€2,552 | -0.6% |
| Fixed assets | 21/28 | €419,656 | €388,797 | -€30,859 | -7.4% |
| Tangible fixed assets | 22/27 | €419,656 | €388,797 | -€30,859 | -7.4% |
| Land and buildings | 22 | €265,594 | €256,074 | -€9,520 | -3.6% |
| Plant, machinery and equipment | 23 | €154,062 | €132,723 | -€21,339 | -13.9% |
| Current assets | 29/58 | €7,089 | €35,396 | +€28,307 | +399.3% |
| Amounts receivable within one year | 40/41 | €7,089 | €9,331 | +€2,242 | +31.6% |
| Trade receivables | 40 | €6,956 | €9,331 | +€2,375 | +34.1% |
| Other amounts receivable | 41 | €133 | - | -€133 | |
| Cash at bank and in hand | 54/58 | - | €26,065 | +€26,065 | |
| Total equity and liabilities | 10/49 | €426,745 | €424,193 | -€2,552 | -0.6% |
| Equity | 10/15 | €183,466 | €215,345 | +€31,879 | +17.4% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Revaluation surpluses | 12 | €300,000 | €300,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€178,034 | -€146,155 | +€31,879 | +17.9% |
| Amounts payable | 17/49 | €243,279 | €208,848 | -€34,431 | -14.2% |
| Amounts payable after more than one year | 17 | €63,499 | €56,750 | -€6,749 | -10.6% |
| Financial debts | 170/4 | €60,399 | €56,750 | -€3,649 | -6.0% |
| Other amounts payable | 178/9 | €3,100 | - | -€3,100 | |
| Amounts payable within one year | 42/48 | €175,198 | €152,098 | -€23,100 | -13.2% |
| Current portion of amounts payable after more than one year | 42 | €6,451 | €6,789 | +€338 | +5.2% |
| Financial debts | 43 | €7,111 | - | -€7,111 | |
| Credit institutions | 430/8 | €7,111 | - | -€7,111 | |
| Trade debts | 44 | €4,117 | €3,325 | -€792 | -19.2% |
| Suppliers | 440/4 | €4,117 | €3,325 | -€792 | -19.2% |
| Taxes, remuneration and social security | 45 | €1,455 | €2,475 | +€1,020 | +70.1% |
| Taxes | 450/3 | €1,455 | €2,475 | +€1,020 | +70.1% |
| Other amounts payable | 47/48 | €156,064 | €139,509 | -€16,555 | -10.6% |
| Accrued charges and deferred income | 492/3 | €4,582 | - | -€4,582 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,859 | €30,859 | = | 0.0% |
| Other operating charges | 640/8 | €14,050 | €10,967 | -€3,083 | -21.9% |
| Gross operating margin | 9900 | €48,145 | €79,343 | +€31,198 | +64.8% |
| Operating profit (loss) | 9901 | €3,236 | €37,517 | +€34,281 | +1059.4% |
| Financial income | 75/76B | €234 | - | -€234 | |
| Recurring financial income | 75 | €234 | - | -€234 | |
| Financial charges | 65/66B | €5,005 | €3,778 | -€1,227 | -24.5% |
| Recurring financial charges | 65 | €5,005 | €3,778 | -€1,227 | -24.5% |
| Profit (loss) for the period before taxes | 9903 | -€1,535 | €33,739 | +€35,274 | |
| Income taxes | 67/77 | €3,554 | €1,860 | -€1,694 | -47.7% |
| Profit (loss) for the period | 9904 | -€5,089 | €31,879 | +€36,968 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,089 | €31,879 | +€36,968 |
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 3 October 2026 via checked.be.