HENK-INNO: 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.
HENK-INNO
Largest movements
- Cash +€87,887
up €87,887 (+40.9%), from €215,126 to €303,013
mainly Net result for the year (+€104,416) and Other debts (+€94,337)
- Tangible fixed assets -€7,797
down €7,797 (-27.1%), from €28,754 to €20,957
of which Furniture and vehicles: -€12,512
- Receivables within one year +€4,136
up €4,136 (+18.9%), from €21,852 to €25,988
of which Other amounts receivable: +€3,921
- Other debts +€94,337
up €94,337 (+1,334%), from €7,070 to €101,407
- Tax, wage and social debts -€11,082
down €11,082 (-15.9%), from €69,674 to €58,592
of which Taxes: -€8,382
- Gross operating margin +€31,746
up €31,746 (+27.6%), from €114,836 to €146,582
- Financial income -€2,636
down €2,636 (-100%), from €2,636 to €0
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.
Derived cash bridge
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 | €266,127 | €349,957 | +€83,830 | +31.5% |
| Fixed assets | 21/28 | €28,754 | €20,957 | -€7,797 | -27.1% |
| Tangible fixed assets | 22/27 | €28,754 | €20,957 | -€7,797 | -27.1% |
| Furniture and vehicles | 24 | €28,754 | €16,242 | -€12,512 | -43.5% |
| Other tangible fixed assets | 26 | - | €4,715 | +€4,715 | |
| Current assets | 29/58 | €237,374 | €329,001 | +€91,627 | +38.6% |
| Amounts receivable within one year | 40/41 | €21,852 | €25,988 | +€4,136 | +18.9% |
| Trade receivables | 40 | €21,852 | €22,067 | +€215 | +1.0% |
| Other amounts receivable | 41 | - | €3,921 | +€3,921 | |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €215,126 | €303,013 | +€87,887 | +40.9% |
| Deferred charges and accrued income | 490/1 | €396 | €0 | -€396 | -100% |
| Total equity and liabilities | 10/49 | €266,127 | €349,957 | +€83,830 | +31.5% |
| Equity | 10/15 | €187,616 | €187,616 | = | 0.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €185,616 | €185,616 | = | 0.0% |
| Distributable reserves | 133 | €185,616 | €185,616 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €78,512 | €162,342 | +€83,830 | +107% |
| Amounts payable within one year | 42/48 | €78,512 | €162,342 | +€83,830 | +107% |
| Trade debts | 44 | €1,768 | €2,343 | +€575 | +32.5% |
| Suppliers | 440/4 | €1,768 | €2,343 | +€575 | +32.5% |
| Taxes, remuneration and social security | 45 | €69,674 | €58,592 | -€11,082 | -15.9% |
| Taxes | 450/3 | €66,974 | €58,592 | -€8,382 | -12.5% |
| Remuneration and social security | 454/9 | €2,700 | €0 | -€2,700 | -100% |
| Other amounts payable | 47/48 | €7,070 | €101,407 | +€94,337 | +1,334% |
| Remuneration, social security and pensions | 62 | €8 | €0 | -€8 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,512 | €12,813 | +€301 | +2.4% |
| Other operating charges | 640/8 | €62 | €666 | +€604 | +974% |
| Gross operating margin | 9900 | €114,836 | €146,582 | +€31,746 | +27.6% |
| Operating profit (loss) | 9901 | €102,254 | €133,104 | +€30,849 | +30.2% |
| Financial income | 75/76B | €2,636 | €0 | -€2,636 | -100% |
| Recurring financial income | 75 | €2,636 | €0 | -€2,636 | -100% |
| Financial charges | 65/66B | €39 | €40 | +€1 | +2.6% |
| Recurring financial charges | 65 | €39 | €40 | +€1 | +2.6% |
| Profit (loss) for the period before taxes | 9903 | €104,851 | €133,064 | +€28,212 | +26.9% |
| Income taxes | 67/77 | €29,951 | €28,647 | -€1,304 | -4.4% |
| Profit (loss) for the period | 9904 | €74,900 | €104,416 | +€29,516 | +39.4% |
| Profit (loss) for the period to be appropriated | 9905 | €74,900 | €104,416 | +€29,516 | +39.4% |
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 26 October 2026 via checked.be.