HENOMACÔ: 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.
HENOMACÔ
Largest movements
- Cash +€14,611
up €14,611 (+21.9%), from €66,853 to €81,465
mainly Other debts (+€15,000) and Tax, wage and social debts (+€13,550)
- Receivables within one year +€12,948
up €12,948 (+26.9%), from €48,142 to €61,090
of which Trade receivables: +€11,013
- Tangible fixed assets -€8,966
down €8,966 (-96.6%), from €9,286 to €319
of which Furniture and vehicles: -€7,380
- Deferred charges and accrued income -€8,112
down €8,112 (-61.9%), from €13,099 to €4,987
- Stocks and contracts -€3,913
down €3,913 (-3.0%), from €129,854 to €125,941
- Other debts +€15,000
up €15,000 (+162%), from €9,281 to €24,281
- Trade debts -€14,796
down €14,796 (-8.0%), from €184,814 to €170,018
- Tax, wage and social debts +€13,550
up €13,550 (+27.1%), from €50,075 to €63,626
of which Remuneration and social security: +€12,874
- Debts after one year -€4,934
no longer reported in 2024 (was €4,934)
- Gross operating margin +€32,400
up €32,400 (+16.2%), from €199,786 to €232,186
- Staff costs +€26,048
up €26,048 (+14.2%), from €183,794 to €209,842
- Financial income -€12,757
down €12,757 (-35.4%), from €36,078 to €23,322
- Depreciation -€6,462
down €6,462 (-41.9%), from €15,429 to €8,966
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 | €267,264 | €273,992 | +€6,728 | +2.5% |
| Fixed assets | 21/28 | €9,316 | €509 | -€8,806 | -94.5% |
| Tangible fixed assets | 22/27 | €9,286 | €319 | -€8,966 | -96.6% |
| Land and buildings | 22 | €882 | - | -€882 | |
| Plant, machinery and equipment | 23 | €1,023 | €319 | -€704 | -68.8% |
| Furniture and vehicles | 24 | €7,380 | - | -€7,380 | |
| Financial fixed assets | 28 | €30 | €190 | +€160 | +533% |
| Current assets | 29/58 | €257,949 | €273,483 | +€15,534 | +6.0% |
| Stocks and contracts in progress | 3 | €129,854 | €125,941 | -€3,913 | -3.0% |
| Stocks | 30/36 | €129,854 | €125,941 | -€3,913 | -3.0% |
| Amounts receivable within one year | 40/41 | €48,142 | €61,090 | +€12,948 | +26.9% |
| Trade receivables | 40 | €8,935 | €19,948 | +€11,013 | +123% |
| Other amounts receivable | 41 | €39,207 | €41,143 | +€1,935 | +4.9% |
| Cash at bank and in hand | 54/58 | €66,853 | €81,465 | +€14,611 | +21.9% |
| Deferred charges and accrued income | 490/1 | €13,099 | €4,987 | -€8,112 | -61.9% |
| Total equity and liabilities | 10/49 | €267,264 | €273,992 | +€6,728 | +2.5% |
| Equity | 10/15 | €5,977 | €6,031 | +€54 | +0.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,623 | -€12,569 | +€54 | +0.4% |
| Amounts payable | 17/49 | €261,288 | €267,961 | +€6,674 | +2.6% |
| Amounts payable after more than one year | 17 | €4,934 | - | -€4,934 | |
| Financial debts | 170/4 | €4,934 | - | -€4,934 | |
| Amounts payable within one year | 42/48 | €256,354 | €267,961 | +€11,608 | +4.5% |
| Current portion of amounts payable after more than one year | 42 | €12,183 | €10,037 | -€2,147 | -17.6% |
| Trade debts | 44 | €184,814 | €170,018 | -€14,796 | -8.0% |
| Suppliers | 440/4 | €184,814 | €170,018 | -€14,796 | -8.0% |
| Taxes, remuneration and social security | 45 | €50,075 | €63,626 | +€13,550 | +27.1% |
| Taxes | 450/3 | €3,673 | €4,349 | +€676 | +18.4% |
| Remuneration and social security | 454/9 | €46,402 | €59,277 | +€12,874 | +27.7% |
| Other amounts payable | 47/48 | €9,281 | €24,281 | +€15,000 | +162% |
| Remuneration, social security and pensions | 62 | €183,794 | €209,842 | +€26,048 | +14.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,429 | €8,966 | -€6,462 | -41.9% |
| Other operating charges | 640/8 | €2,637 | €2,222 | -€414 | -15.7% |
| Non-recurring operating charges | 66A | €43,359 | €30,278 | -€13,081 | -30.2% |
| Gross operating margin | 9900 | €199,786 | €232,186 | +€32,400 | +16.2% |
| Operating profit (loss) | 9901 | -€45,432 | -€19,122 | +€26,310 | +57.9% |
| Financial income | 75/76B | €36,078 | €23,322 | -€12,757 | -35.4% |
| Recurring financial income | 75 | €36,078 | €23,322 | -€12,757 | -35.4% |
| Financial charges | 65/66B | €6,129 | €4,109 | -€2,019 | -32.9% |
| Recurring financial charges | 65 | €6,129 | €4,109 | -€2,019 | -32.9% |
| Profit (loss) for the period before taxes | 9903 | -€15,482 | €90 | +€15,573 | |
| Income taxes | 67/77 | €418 | €36 | -€382 | -91.4% |
| Profit (loss) for the period | 9904 | -€15,900 | €54 | +€15,955 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,900 | €54 | +€15,955 |
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 14 October 2026 via checked.be.