Hennau-Marcin: 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.
Hennau-Marcin
Largest movements
- Cash +€250,761
up €250,761 (+440%), from €57,054 to €307,816
mainly Depreciation (+€125,235) and Other debts (+€79,533)
- Tangible fixed assets -€143,436
down €143,436 (-20.1%), from €714,801 to €571,365
- Receivables within one year -€62,462
down €62,462 (-31.5%), from €198,047 to €135,585
of which Trade receivables: -€104,581
- Stocks and contracts -€11,926
down €11,926 (-43.0%), from €27,709 to €15,783
- Other debts +€79,533
up €79,533 (+116%), from €68,451 to €147,984
- Debts after one year -€67,701
down €67,701 (-13.8%), from €489,993 to €422,293
- Tax, wage and social debts +€60,350
up €60,350 (+1,150%), from €5,250 to €65,600
of which Remuneration and social security: +€43,216
- Accrued charges and deferred income -€22,503
down €22,503 (-99.7%), from €22,575 to €72
- Trade debts -€18,366
down €18,366 (-23.2%), from €79,051 to €60,685
- Turnover +€1.5m
new in 2025: €1.5m
- Purchases and services +€913,029
new in 2025: €913,029
- Gross operating margin +€63,959
up €63,959 (+11.5%), from €556,161 to €620,120
- Staff costs +€62,639
up €62,639 (+17.3%), from €361,088 to €423,727
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 | €1,002,640 | €1,032,357 | +€29,717 | +3.0% |
| Fixed assets | 21/28 | €717,493 | €571,365 | -€146,128 | -20.4% |
| Tangible fixed assets | 22/27 | €714,801 | €571,365 | -€143,436 | -20.1% |
| Land and buildings | 22 | €469,828 | €422,996 | -€46,832 | -10.0% |
| Plant, machinery and equipment | 23 | €17,930 | €12,226 | -€5,704 | -31.8% |
| Furniture and vehicles | 24 | €84,893 | €41,982 | -€42,910 | -50.5% |
| Leasing and similar rights | 25 | €142,150 | €94,161 | -€47,989 | -33.8% |
| Financial fixed assets | 28 | €2,692 | - | -€2,692 | |
| Current assets | 29/58 | €285,147 | €460,992 | +€175,845 | +61.7% |
| Stocks and contracts in progress | 3 | €27,709 | €15,783 | -€11,926 | -43.0% |
| Stocks | 30/36 | €27,709 | €15,783 | -€11,926 | -43.0% |
| Amounts receivable within one year | 40/41 | €198,047 | €135,585 | -€62,462 | -31.5% |
| Trade receivables | 40 | €176,828 | €72,247 | -€104,581 | -59.1% |
| Other amounts receivable | 41 | €21,219 | €63,339 | +€42,119 | +198% |
| Current investments | 50/53 | €4 | - | -€4 | |
| Cash at bank and in hand | 54/58 | €57,054 | €307,816 | +€250,761 | +440% |
| Deferred charges and accrued income | 490/1 | €2,333 | €1,808 | -€524 | -22.5% |
| Total equity and liabilities | 10/49 | €1,002,640 | €1,032,357 | +€29,717 | +3.0% |
| Equity | 10/15 | €254,087 | €267,352 | +€13,265 | +5.2% |
| Contributions | 10/11 | €58,600 | €58,600 | = | 0.0% |
| Contributions outside capital | 11 | €58,600 | - | -€58,600 | |
| Other | 1109/19 | €58,600 | - | -€58,600 | |
| Reserves | 13 | €158,360 | €171,625 | +€13,265 | +8.4% |
| Non-distributable reserves | 130/1 | €5,860 | €5,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,860 | €5,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €152,500 | €152,500 | = | 0.0% |
| Distributable reserves | 133 | - | €13,265 | +€13,265 | |
| Profit (loss) carried forward | 14 | €37,127 | €37,127 | = | 0.0% |
| Amounts payable | 17/49 | €748,553 | €765,006 | +€16,453 | +2.2% |
| Amounts payable after more than one year | 17 | €489,993 | €422,293 | -€67,701 | -13.8% |
| Financial debts | 170/4 | €489,993 | €422,293 | -€67,701 | -13.8% |
| Amounts payable within one year | 42/48 | €235,984 | €342,641 | +€106,657 | +45.2% |
| Current portion of amounts payable after more than one year | 42 | €83,232 | €68,372 | -€14,860 | -17.9% |
| Trade debts | 44 | €79,051 | €60,685 | -€18,366 | -23.2% |
| Suppliers | 440/4 | €79,051 | €60,685 | -€18,366 | -23.2% |
| Taxes, remuneration and social security | 45 | €5,250 | €65,600 | +€60,350 | +1,150% |
| Taxes | 450/3 | €616 | €17,750 | +€17,134 | +2,781% |
| Remuneration and social security | 454/9 | €4,634 | €47,850 | +€43,216 | +933% |
| Other amounts payable | 47/48 | €68,451 | €147,984 | +€79,533 | +116% |
| Accrued charges and deferred income | 492/3 | €22,575 | €72 | -€22,503 | -99.7% |
| Turnover | 70 | - | €1,463,226 | +€1.5m | |
| Non-recurring operating income | 76A | - | €2,215 | +€2,215 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €913,029 | +€913,029 | |
| Remuneration, social security and pensions | 62 | €361,088 | €423,727 | +€62,639 | +17.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €134,847 | €125,235 | -€9,611 | -7.1% |
| Other operating charges | 640/8 | €26,488 | €31,161 | +€4,672 | +17.6% |
| Gross operating margin | 9900 | €556,161 | €620,120 | +€63,959 | +11.5% |
| Operating profit (loss) | 9901 | €33,738 | €39,997 | +€6,259 | +18.6% |
| Financial income | 75/76B | - | €1,979 | +€1,979 | |
| Recurring financial income | 75 | - | €1,979 | +€1,979 | |
| Financial charges | 65/66B | €25,062 | €18,930 | -€6,132 | -24.5% |
| Recurring financial charges | 65 | €25,062 | €18,930 | -€6,132 | -24.5% |
| Profit (loss) for the period before taxes | 9903 | €8,676 | €23,046 | +€14,370 | +166% |
| Income taxes | 67/77 | €616 | €9,782 | +€9,166 | +1,488% |
| Profit (loss) for the period | 9904 | €8,060 | €13,265 | +€5,205 | +64.6% |
| Profit (loss) for the period to be appropriated | 9905 | €8,060 | €13,265 | +€5,205 | +64.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.