HENNART-IT: 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.
HENNART-IT
Largest movements
- Cash +€13,791
up €13,791 (+21.8%), from €63,289 to €77,080
mainly Depreciation (+€16,090) and Receivables within one year (+€7,226)
- Intangible fixed assets -€12,500
down €12,500 (-18.2%), from €68,699 to €56,199
- Receivables within one year -€7,226
down €7,226 (-39.6%), from €18,265 to €11,039
of which Trade receivables: -€14,820
- Tangible fixed assets -€3,590
down €3,590 (-77.5%), from €4,631 to €1,042
of which Furniture and vehicles: -€3,515
- Tax, wage and social debts -€6,176
down €6,176 (-78.0%), from €7,922 to €1,745
- Profit (loss) carried forward -€2,753
down €2,753 (-2.6%), from €106,000 to €103,247
- Gross operating margin -€54,486
down €54,486 (-79.6%), from €68,444 to €13,957
- Taxes -€13,594
down €13,594 (-96.6%), from €14,075 to €481
- Depreciation -€713
down €713 (-4.2%), from €16,803 to €16,090
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 | €155,381 | €146,002 | -€9,379 | -6.0% |
| Fixed assets | 21/28 | €73,630 | €57,540 | -€16,090 | -21.9% |
| Intangible fixed assets | 21 | €68,699 | €56,199 | -€12,500 | -18.2% |
| Tangible fixed assets | 22/27 | €4,631 | €1,042 | -€3,590 | -77.5% |
| Land and buildings | 22 | €75 | - | -€75 | |
| Furniture and vehicles | 24 | €4,557 | €1,042 | -€3,515 | -77.1% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €81,752 | €88,462 | +€6,711 | +8.2% |
| Amounts receivable within one year | 40/41 | €18,265 | €11,039 | -€7,226 | -39.6% |
| Trade receivables | 40 | €17,340 | €2,520 | -€14,820 | -85.5% |
| Other amounts receivable | 41 | €925 | €8,519 | +€7,594 | +821% |
| Cash at bank and in hand | 54/58 | €63,289 | €77,080 | +€13,791 | +21.8% |
| Deferred charges and accrued income | 490/1 | €197 | €343 | +€145 | +73.7% |
| Total equity and liabilities | 10/49 | €155,381 | €146,002 | -€9,379 | -6.0% |
| Equity | 10/15 | €108,000 | €105,247 | -€2,753 | -2.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €106,000 | €103,247 | -€2,753 | -2.6% |
| Amounts payable | 17/49 | €47,382 | €40,755 | -€6,626 | -14.0% |
| Amounts payable within one year | 42/48 | €47,382 | €40,755 | -€6,626 | -14.0% |
| Trade debts | 44 | €808 | €587 | -€221 | -27.3% |
| Suppliers | 440/4 | €808 | €587 | -€221 | -27.3% |
| Taxes, remuneration and social security | 45 | €7,922 | €1,745 | -€6,176 | -78.0% |
| Taxes | 450/3 | €7,922 | €1,745 | -€6,176 | -78.0% |
| Other amounts payable | 47/48 | €38,652 | €38,423 | -€229 | -0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,803 | €16,090 | -€713 | -4.2% |
| Other operating charges | 640/8 | €69 | €72 | +€3 | +4.1% |
| Gross operating margin | 9900 | €68,444 | €13,957 | -€54,486 | -79.6% |
| Operating profit (loss) | 9901 | €51,572 | -€2,204 | -€53,776 | |
| Financial charges | 65/66B | €74 | €68 | -€6 | -8.1% |
| Recurring financial charges | 65 | €74 | €68 | -€6 | -8.1% |
| Profit (loss) for the period before taxes | 9903 | €51,498 | -€2,272 | -€53,770 | |
| Income taxes | 67/77 | €14,075 | €481 | -€13,594 | -96.6% |
| Profit (loss) for the period | 9904 | €37,423 | -€2,753 | -€40,176 | |
| Profit (loss) for the period to be appropriated | 9905 | €37,423 | -€2,753 | -€40,176 |
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 29 October 2026 via checked.be.