HENNEBERT: 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.
HENNEBERT
Largest movements
- Cash -€7,303
down €7,303 (-10.8%), from €67,831 to €60,528
mainly Other debts (-€10,000) and Current portion of long-term debt (-€3,168)
- Tangible fixed assets -€5,216
down €5,216 (-85.5%), from €6,099 to €882
of which Furniture and vehicles: -€3,733
- Stocks and contracts -€1,788
down €1,788 (-41.7%), from €4,288 to €2,500
of which Contracts in progress: -€4,288
- Other debts -€10,000
no longer reported in 2025 (was €10,000)
- Current portion of long-term debt -€3,168
no longer reported in 2025 (was €3,168)
- Tax, wage and social debts -€1,916
no longer reported in 2025 (was €1,916)
- Trade debts +€1,446
up €1,446 (+52.3%), from €2,765 to €4,211
- Gross operating margin -€35,777
down €35,777 (-86.8%), from €41,221 to €5,444
- Financial charges -€7,500
down €7,500 (-82.5%), from €9,086 to €1,586
- Depreciation -€5,940
down €5,940 (-80.0%), from €7,424 to €1,484
- Taxes -€5,691
down €5,691 (-79.2%), from €7,182 to €1,490
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 | €94,984 | €81,399 | -€13,585 | -14.3% |
| Fixed assets | 21/28 | €6,099 | €882 | -€5,216 | -85.5% |
| Tangible fixed assets | 22/27 | €6,099 | €882 | -€5,216 | -85.5% |
| Plant, machinery and equipment | 23 | €2,366 | €882 | -€1,484 | -62.7% |
| Furniture and vehicles | 24 | €3,733 | - | -€3,733 | |
| Current assets | 29/58 | €88,886 | €80,517 | -€8,369 | -9.4% |
| Stocks and contracts in progress | 3 | €4,288 | €2,500 | -€1,788 | -41.7% |
| Stocks | 30/36 | - | €2,500 | +€2,500 | |
| Contracts in progress | 37 | €4,288 | - | -€4,288 | |
| Amounts receivable within one year | 40/41 | €16,767 | €17,489 | +€723 | +4.3% |
| Trade receivables | 40 | €14,061 | €11,439 | -€2,622 | -18.6% |
| Other amounts receivable | 41 | €2,706 | €6,050 | +€3,345 | +123.6% |
| Cash at bank and in hand | 54/58 | €67,831 | €60,528 | -€7,303 | -10.8% |
| Total equity and liabilities | 10/49 | €94,984 | €81,399 | -€13,585 | -14.3% |
| Equity | 10/15 | €77,136 | €77,188 | +€53 | +0.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €70,936 | €70,988 | +€53 | +0.1% |
| Distributable reserves | 133 | €70,936 | €70,988 | +€53 | +0.1% |
| Amounts payable | 17/49 | €17,849 | €4,211 | -€13,638 | -76.4% |
| Amounts payable within one year | 42/48 | €17,849 | €4,211 | -€13,638 | -76.4% |
| Current portion of amounts payable after more than one year | 42 | €3,168 | - | -€3,168 | |
| Trade debts | 44 | €2,765 | €4,211 | +€1,446 | +52.3% |
| Suppliers | 440/4 | €2,765 | €4,211 | +€1,446 | +52.3% |
| Taxes, remuneration and social security | 45 | €1,916 | - | -€1,916 | |
| Taxes | 450/3 | €1,916 | - | -€1,916 | |
| Other amounts payable | 47/48 | €10,000 | - | -€10,000 | |
| Non-recurring operating income | 76A | - | €5,364 | +€5,364 | |
| Remuneration, social security and pensions | 62 | €198 | €206 | +€8 | +4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,424 | €1,484 | -€5,940 | -80.0% |
| Other operating charges | 640/8 | €631 | €830 | +€198 | +31.4% |
| Gross operating margin | 9900 | €41,221 | €5,444 | -€35,777 | -86.8% |
| Operating profit (loss) | 9901 | €32,968 | €2,925 | -€30,043 | -91.1% |
| Financial income | 75/76B | €212 | €204 | -€7 | -3.3% |
| Recurring financial income | 75 | €212 | €204 | -€7 | -3.3% |
| Financial charges | 65/66B | €9,086 | €1,586 | -€7,500 | -82.5% |
| Recurring financial charges | 65 | €9,086 | €1,586 | -€7,500 | -82.5% |
| Profit (loss) for the period before taxes | 9903 | €24,094 | €1,543 | -€22,551 | -93.6% |
| Income taxes | 67/77 | €7,182 | €1,490 | -€5,691 | -79.2% |
| Profit (loss) for the period | 9904 | €16,912 | €53 | -€16,859 | -99.7% |
| Profit (loss) for the period to be appropriated | 9905 | €16,912 | €53 | -€16,859 | -99.7% |
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 4 October 2026 via checked.be.