HENNEN: 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.
HENNEN
Largest movements
- Receivables within one year +€126,636
up €126,636 (+30.1%), from €420,733 to €547,369
of which Trade receivables: +€127,155
- Cash -€97,823
down €97,823 (-56.8%), from €172,247 to €74,424
mainly Receivables within one year (-€126,636) and Deferred charges and accrued income (-€78)
- Accrued charges and deferred income +€15,605
up €15,605 (+172%), from €9,058 to €24,663
- Profit (loss) carried forward +€9,524
up €9,524 (+1.7%), from €545,779 to €555,303
- Gross operating margin +€5,685
up €5,685 (+64.7%), from €8,783 to €14,468
- Taxes +€1,847
up €1,847 (+107%), from €1,720 to €3,567
- Financial income +€689
up €689 (+20.4%), from €3,382 to €4,071
- Financial charges -€381
down €381 (-7.7%), from €4,940 to €4,559
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €592,987 | €621,878 | +€28,891 | +4.9% |
| Current assets | 29/58 | €592,987 | €621,878 | +€28,891 | +4.9% |
| Amounts receivable within one year | 40/41 | €420,733 | €547,369 | +€126,636 | +30.1% |
| Trade receivables | 40 | €164,618 | €291,773 | +€127,155 | +77.2% |
| Other amounts receivable | 41 | €256,115 | €255,596 | -€519 | -0.2% |
| Cash at bank and in hand | 54/58 | €172,247 | €74,424 | -€97,823 | -56.8% |
| Deferred charges and accrued income | 490/1 | €7 | €85 | +€78 | +1,114% |
| Total equity and liabilities | 10/49 | €592,987 | €621,878 | +€28,891 | +4.9% |
| Equity | 10/15 | €566,679 | €576,203 | +€9,524 | +1.7% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €1,900 | €1,900 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | €545,779 | €555,303 | +€9,524 | +1.7% |
| Amounts payable | 17/49 | €26,308 | €45,675 | +€19,367 | +73.6% |
| Amounts payable within one year | 42/48 | €17,250 | €21,012 | +€3,762 | +21.8% |
| Trade debts | 44 | €12,801 | €15,725 | +€2,924 | +22.8% |
| Suppliers | 440/4 | €12,801 | €15,725 | +€2,924 | +22.8% |
| Taxes, remuneration and social security | 45 | €4,449 | €5,287 | +€838 | +18.8% |
| Taxes | 450/3 | €4,449 | €5,287 | +€838 | +18.8% |
| Accrued charges and deferred income | 492/3 | €9,058 | €24,663 | +€15,605 | +172% |
| Other operating charges | 640/8 | €781 | €889 | +€108 | +13.8% |
| Gross operating margin | 9900 | €8,783 | €14,468 | +€5,685 | +64.7% |
| Operating profit (loss) | 9901 | €8,002 | €13,579 | +€5,577 | +69.7% |
| Financial income | 75/76B | €3,382 | €4,071 | +€689 | +20.4% |
| Recurring financial income | 75 | €3,382 | €4,071 | +€689 | +20.4% |
| Financial charges | 65/66B | €4,940 | €4,559 | -€381 | -7.7% |
| Recurring financial charges | 65 | €4,940 | €4,559 | -€381 | -7.7% |
| Profit (loss) for the period before taxes | 9903 | €6,444 | €13,091 | +€6,647 | +103% |
| Income taxes | 67/77 | €1,720 | €3,567 | +€1,847 | +107% |
| Profit (loss) for the period | 9904 | €4,724 | €9,524 | +€4,800 | +102% |
| Profit (loss) for the period to be appropriated | 9905 | €4,724 | €9,524 | +€4,800 | +102% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.