HENKA: 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.
HENKA
Largest movements
- Cash -€21,804
down €21,804 (-26.8%), from €81,218 to €59,414
mainly Other debts (-€15,730) and Investment in fixed assets (net) (-€7,768)
- Tangible fixed assets +€7,685
up €7,685 (+12.6%), from €61,170 to €68,855
- Other debts -€15,730
down €15,730 (-79.3%), from €19,832 to €4,102
- Reserves +€1,574
up €1,574 (+5.4%), from €29,115 to €30,689
- Gross operating margin -€3,869
down €3,869 (-44.5%), from €8,693 to €4,824
- Taxes -€390
down €390 (-71.2%), from €547 to €157
- Financial income -€255
down €255 (-27.6%), from €922 to €667
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 | €142,388 | €128,312 | -€14,076 | -9.9% |
| Fixed assets | 21/28 | €61,170 | €68,855 | +€7,685 | +12.6% |
| Tangible fixed assets | 22/27 | €61,170 | €68,855 | +€7,685 | +12.6% |
| Land and buildings | 22 | €61,170 | €68,855 | +€7,685 | +12.6% |
| Current assets | 29/58 | €81,218 | €59,457 | -€21,761 | -26.8% |
| Amounts receivable within one year | 40/41 | - | €43 | +€43 | |
| Other amounts receivable | 41 | - | €43 | +€43 | |
| Cash at bank and in hand | 54/58 | €81,218 | €59,414 | -€21,804 | -26.8% |
| Total equity and liabilities | 10/49 | €142,388 | €128,312 | -€14,076 | -9.9% |
| Equity | 10/15 | €119,270 | €120,844 | +€1,574 | +1.3% |
| Contributions | 10/11 | €90,155 | €90,155 | = | 0.0% |
| Reserves | 13 | €29,115 | €30,689 | +€1,574 | +5.4% |
| Distributable reserves | 133 | €29,115 | €30,689 | +€1,574 | +5.4% |
| Amounts payable | 17/49 | €23,119 | €7,468 | -€15,650 | -67.7% |
| Amounts payable within one year | 42/48 | €22,731 | €7,069 | -€15,663 | -68.9% |
| Trade debts | 44 | €2,629 | €2,696 | +€67 | +2.5% |
| Suppliers | 440/4 | €2,629 | €2,696 | +€67 | +2.5% |
| Taxes, remuneration and social security | 45 | €271 | €271 | = | 0.0% |
| Taxes | 450/3 | €271 | €271 | = | 0.0% |
| Other amounts payable | 47/48 | €19,832 | €4,102 | -€15,730 | -79.3% |
| Accrued charges and deferred income | 492/3 | €387 | €400 | +€12 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €83 | +€83 | |
| Other operating charges | 640/8 | €3,564 | €3,646 | +€82 | +2.3% |
| Gross operating margin | 9900 | €8,693 | €4,824 | -€3,869 | -44.5% |
| Operating profit (loss) | 9901 | €5,129 | €1,096 | -€4,033 | -78.6% |
| Financial income | 75/76B | €922 | €667 | -€255 | -27.6% |
| Recurring financial income | 75 | €922 | €667 | -€255 | -27.6% |
| Financial charges | 65/66B | €33 | €31 | -€1 | -3.8% |
| Recurring financial charges | 65 | €33 | €31 | -€1 | -3.8% |
| Profit (loss) for the period before taxes | 9903 | €6,019 | €1,732 | -€4,287 | -71.2% |
| Income taxes | 67/77 | €547 | €157 | -€390 | -71.2% |
| Profit (loss) for the period | 9904 | €5,471 | €1,574 | -€3,897 | -71.2% |
| Profit (loss) for the period to be appropriated | 9905 | €5,471 | €1,574 | -€3,897 | -71.2% |
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 29 September 2026 via checked.be.