HENLOMO: 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.
HENLOMO
Largest movements
- Tangible fixed assets +€140,613
up €140,613 (+6.5%), from €2.2m to €2.3m
of which Land and buildings: +€144,420
- Cash +€77,528
up €77,528 (+2,021%), from €3,836 to €81,363
mainly Trade debts (+€196,460) and Depreciation (+€73,330)
- Receivables after one year -€65,000
down €65,000 (-7.2%), from €902,500 to €837,500
- Trade debts +€196,460
up €196,460 (+308%), from €63,717 to €260,177
- Debts after one year -€107,188
down €107,188 (-7.9%), from €1.3m to €1.2m
- Profit (loss) carried forward +€44,705
up €44,705 (+5.8%), from -€770,559 to -€725,854
- Depreciation -€38,453
down €38,453 (-34.4%), from €111,783 to €73,330
- Other operating charges -€9,587
down €9,587 (-28.7%), from €33,359 to €23,772
- Financial charges -€3,689
down €3,689 (-11.9%), from €30,953 to €27,264
- Gross operating margin +€3,033
up €3,033 (+1.8%), from €166,323 to €169,357
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 | €3,093,713 | €3,252,516 | +€158,802 | +5.1% |
| Fixed assets | 21/28 | €2,164,146 | €2,304,759 | +€140,613 | +6.5% |
| Tangible fixed assets | 22/27 | €2,164,146 | €2,304,759 | +€140,613 | +6.5% |
| Land and buildings | 22 | €2,148,619 | €2,293,039 | +€144,420 | +6.7% |
| Plant, machinery and equipment | 23 | €3,000 | €3,000 | = | 0.0% |
| Furniture and vehicles | 24 | €12,527 | €8,720 | -€3,807 | -30.4% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €929,567 | €947,757 | +€18,189 | +2.0% |
| Amounts receivable after more than one year | 29 | €902,500 | €837,500 | -€65,000 | -7.2% |
| Other amounts receivable | 291 | €902,500 | €837,500 | -€65,000 | -7.2% |
| Amounts receivable within one year | 40/41 | €21,197 | €26,837 | +€5,640 | +26.6% |
| Trade receivables | 40 | €12,004 | €19,934 | +€7,931 | +66.1% |
| Other amounts receivable | 41 | €9,193 | €6,902 | -€2,291 | -24.9% |
| Cash at bank and in hand | 54/58 | €3,836 | €81,363 | +€77,528 | +2,021% |
| Deferred charges and accrued income | 490/1 | €2,035 | €2,057 | +€22 | +1.1% |
| Total equity and liabilities | 10/49 | €3,093,713 | €3,252,516 | +€158,802 | +5.1% |
| Equity | 10/15 | €1,607,750 | €1,652,456 | +€44,705 | +2.8% |
| Contributions | 10/11 | €2,115,000 | €2,115,000 | = | 0.0% |
| Capital | 10 | €2,115,000 | €2,115,000 | = | 0.0% |
| Issued capital | 100 | €2,115,000 | €2,115,000 | = | 0.0% |
| Reserves | 13 | €263,310 | €263,310 | = | 0.0% |
| Non-distributable reserves | 130/1 | €14,874 | €14,874 | = | 0.0% |
| Legal reserve | 130 | €14,874 | €14,874 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,500 | €5,500 | = | 0.0% |
| Distributable reserves | 133 | €242,936 | €242,936 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€770,559 | -€725,854 | +€44,705 | +5.8% |
| Amounts payable | 17/49 | €1,485,963 | €1,600,060 | +€114,097 | +7.7% |
| Amounts payable after more than one year | 17 | €1,349,116 | €1,241,928 | -€107,188 | -7.9% |
| Financial debts | 170/4 | €1,349,116 | €1,241,928 | -€107,188 | -7.9% |
| Amounts payable within one year | 42/48 | €136,847 | €347,580 | +€210,733 | +154% |
| Current portion of amounts payable after more than one year | 42 | €58,348 | €72,963 | +€14,615 | +25.0% |
| Trade debts | 44 | €63,717 | €260,177 | +€196,460 | +308% |
| Suppliers | 440/4 | €63,717 | €260,177 | +€196,460 | +308% |
| Taxes, remuneration and social security | 45 | €359 | €291 | -€68 | -19.0% |
| Taxes | 450/3 | €359 | €291 | -€68 | -19.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €14,422 | €14,148 | -€274 | -1.9% |
| Accrued charges and deferred income | 492/3 | - | €10,552 | +€10,552 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €111,783 | €73,330 | -€38,453 | -34.4% |
| Other operating charges | 640/8 | €33,359 | €23,772 | -€9,587 | -28.7% |
| Gross operating margin | 9900 | €166,323 | €169,357 | +€3,033 | +1.8% |
| Operating profit (loss) | 9901 | €21,182 | €72,254 | +€51,073 | +241% |
| Financial income | 75/76B | €66 | €6 | -€60 | -91.4% |
| Recurring financial income | 75 | €66 | €6 | -€60 | -91.4% |
| Financial charges | 65/66B | €30,953 | €27,264 | -€3,689 | -11.9% |
| Recurring financial charges | 65 | €30,953 | €27,264 | -€3,689 | -11.9% |
| Profit (loss) for the period before taxes | 9903 | -€9,706 | €44,997 | +€54,702 | |
| Income taxes | 67/77 | €260 | €291 | +€31 | +11.9% |
| Profit (loss) for the period | 9904 | -€9,966 | €44,705 | +€54,671 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,966 | €44,705 | +€54,671 |
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 24 October 2026 via checked.be.