HENKES SERVICES: 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.
HENKES SERVICES
Largest movements
- Financial fixed assets +€1.0m
up €1.0m (+204.1%), from €490,000 to €1.5m
- Receivables after one year +€250,000
new in 2025: €250,000
- Cash -€111,337
down €111,337 (-93.2%), from €119,462 to €8,125
mainly Investment in fixed assets (net) (-€1.0m) and Receivables after one year (-€250,000)
- Profit (loss) carried forward +€813,503
up €813,503 (+242.6%), from €335,355 to €1.1m
- Debts after one year +€550,240
new in 2025: €550,240
- Advances received -€230,000
no longer reported in 2025 (was €230,000)
- Gross operating margin +€910,492
up €910,492 (+527.8%), from €172,500 to €1.1m
- Taxes +€232,237
up €232,237 (+595.6%), from €38,991 to €271,228
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 | €616,332 | €1,762,798 | +€1.1m | +186.0% |
| Fixed assets | 21/28 | €491,443 | €1,491,149 | +€999,706 | +203.4% |
| Tangible fixed assets | 22/27 | €1,443 | €1,149 | -€294 | -20.4% |
| Furniture and vehicles | 24 | €1,443 | €1,149 | -€294 | -20.4% |
| Financial fixed assets | 28 | €490,000 | €1,490,000 | +€1.0m | +204.1% |
| Current assets | 29/58 | €124,889 | €271,649 | +€146,760 | +117.5% |
| Amounts receivable after more than one year | 29 | - | €250,000 | +€250,000 | |
| Other amounts receivable | 291 | - | €250,000 | +€250,000 | |
| Amounts receivable within one year | 40/41 | €1,009 | €497 | -€512 | -50.7% |
| Other amounts receivable | 41 | €1,009 | €497 | -€512 | -50.7% |
| Cash at bank and in hand | 54/58 | €119,462 | €8,125 | -€111,337 | -93.2% |
| Deferred charges and accrued income | 490/1 | €4,418 | €13,026 | +€8,608 | +194.9% |
| Total equity and liabilities | 10/49 | €616,332 | €1,762,798 | +€1.1m | +186.0% |
| Equity | 10/15 | €385,355 | €1,198,858 | +€813,503 | +211.1% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €335,355 | €1,148,858 | +€813,503 | +242.6% |
| Amounts payable | 17/49 | €230,977 | €563,940 | +€332,963 | +144.2% |
| Amounts payable after more than one year | 17 | - | €550,240 | +€550,240 | |
| Other amounts payable | 178/9 | - | €550,240 | +€550,240 | |
| Amounts payable within one year | 42/48 | €230,977 | €7,379 | -€223,598 | -96.8% |
| Trade debts | 44 | - | €6,270 | +€6,270 | |
| Suppliers | 440/4 | - | €6,270 | +€6,270 | |
| Advances received on contracts in progress | 46 | €230,000 | - | -€230,000 | |
| Taxes, remuneration and social security | 45 | €977 | €1,109 | +€132 | +13.5% |
| Taxes | 450/3 | €977 | €1,109 | +€132 | +13.5% |
| Accrued charges and deferred income | 492/3 | - | €6,321 | +€6,321 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26 | €294 | +€268 | +1040.8% |
| Other operating charges | 640/8 | €824 | €607 | -€217 | -26.3% |
| Gross operating margin | 9900 | €172,500 | €1,082,992 | +€910,492 | +527.8% |
| Operating profit (loss) | 9901 | €171,650 | €1,082,091 | +€910,441 | +530.4% |
| Financial income | 75/76B | €4,469 | €9,005 | +€4,536 | +101.5% |
| Recurring financial income | 75 | €4,469 | €9,005 | +€4,536 | +101.5% |
| Financial charges | 65/66B | €39 | €6,365 | +€6,326 | +16220.6% |
| Recurring financial charges | 65 | €39 | €6,365 | +€6,326 | +16220.6% |
| Profit (loss) for the period before taxes | 9903 | €176,080 | €1,084,731 | +€908,651 | +516.0% |
| Income taxes | 67/77 | €38,991 | €271,228 | +€232,237 | +595.6% |
| Profit (loss) for the period | 9904 | €137,089 | €813,503 | +€676,414 | +493.4% |
| Profit (loss) for the period to be appropriated | 9905 | €137,089 | €813,503 | +€676,414 | +493.4% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.