Hens Constructs: 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.
Hens Constructs
Largest movements
- Stocks and contracts +€92,184
new in 2025: €92,184
- Receivables within one year +€20,941
up €20,941 (+84.4%), from €24,801 to €45,742
of which Trade receivables: +€23,931
- Tangible fixed assets -€11,383
down €11,383 (-4.4%), from €257,283 to €245,899
of which Leasing and similar rights: -€7,860
- Other debts +€108,332
up €108,332 (+75.5%), from €143,500 to €251,832
- Debts after one year -€23,131
down €23,131 (-20.7%), from €111,842 to €88,712
- Profit (loss) carried forward +€10,372
up €10,372 (+27.6%), from -€37,596 to -€27,223
- Gross operating margin +€12,327
up €12,327 (+57.6%), from €21,393 to €33,720
- Staff costs +€3,116
no longer reported in 2025 (was -€3,116)
- Financial income -€2,496
down €2,496 (-49.9%), from €5,000 to €2,504
of which Financial income: -€4,996
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 | €290,726 | €389,305 | +€98,579 | +33.9% |
| Fixed assets | 21/28 | €257,283 | €245,899 | -€11,383 | -4.4% |
| Tangible fixed assets | 22/27 | €257,283 | €245,899 | -€11,383 | -4.4% |
| Land and buildings | 22 | €223,382 | €217,491 | -€5,891 | -2.6% |
| Plant, machinery and equipment | 23 | €1,572 | €913 | -€660 | -41.9% |
| Furniture and vehicles | 24 | €1,488 | €4,515 | +€3,027 | +203.4% |
| Leasing and similar rights | 25 | €30,840 | €22,981 | -€7,860 | -25.5% |
| Current assets | 29/58 | €33,443 | €143,405 | +€109,962 | +328.8% |
| Stocks and contracts in progress | 3 | - | €92,184 | +€92,184 | |
| Stocks | 30/36 | - | €92,184 | +€92,184 | |
| Amounts receivable within one year | 40/41 | €24,801 | €45,742 | +€20,941 | +84.4% |
| Trade receivables | 40 | €21,639 | €45,570 | +€23,931 | +110.6% |
| Other amounts receivable | 41 | €3,162 | €172 | -€2,990 | -94.6% |
| Cash at bank and in hand | 54/58 | €4,535 | €1,565 | -€2,969 | -65.5% |
| Deferred charges and accrued income | 490/1 | €4,107 | €3,914 | -€194 | -4.7% |
| Total equity and liabilities | 10/49 | €290,726 | €389,305 | +€98,579 | +33.9% |
| Equity | 10/15 | -€17,136 | -€6,763 | +€10,372 | +60.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,596 | -€27,223 | +€10,372 | +27.6% |
| Provisions and deferred taxes | 16 | €7,500 | €7,500 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €7,500 | €7,500 | = | 0.0% |
| Other liabilities and charges | 164/5 | €7,500 | €7,500 | = | 0.0% |
| Amounts payable | 17/49 | €300,361 | €388,568 | +€88,207 | +29.4% |
| Amounts payable after more than one year | 17 | €111,842 | €88,712 | -€23,131 | -20.7% |
| Financial debts | 170/4 | €111,842 | €88,712 | -€23,131 | -20.7% |
| Amounts payable within one year | 42/48 | €186,741 | €299,252 | +€112,511 | +60.3% |
| Current portion of amounts payable after more than one year | 42 | €22,537 | €23,131 | +€594 | +2.6% |
| Financial debts | 43 | €12,642 | €14,245 | +€1,603 | +12.7% |
| Credit institutions | 430/8 | €12,642 | €14,245 | +€1,603 | +12.7% |
| Trade debts | 44 | €8,062 | €9,863 | +€1,801 | +22.3% |
| Suppliers | 440/4 | €8,062 | €9,863 | +€1,801 | +22.3% |
| Taxes, remuneration and social security | 45 | - | €182 | +€182 | |
| Taxes | 450/3 | - | €182 | +€182 | |
| Other amounts payable | 47/48 | €143,500 | €251,832 | +€108,332 | +75.5% |
| Accrued charges and deferred income | 492/3 | €1,778 | €604 | -€1,174 | -66.0% |
| Remuneration, social security and pensions | 62 | -€3,116 | - | +€3,116 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,102 | €15,306 | +€204 | +1.4% |
| Other operating charges | 640/8 | €894 | €935 | +€40 | +4.5% |
| Gross operating margin | 9900 | €21,393 | €33,720 | +€12,327 | +57.6% |
| Operating profit (loss) | 9901 | €8,512 | €17,479 | +€8,966 | +105.3% |
| Financial income | 75/76B | €5,000 | €2,504 | -€2,496 | -49.9% |
| Recurring financial income | 75 | €5,000 | €4 | -€4,996 | -99.9% |
| Non-recurring financial income | 76B | €5,000 | €2,500 | -€2,500 | -50.0% |
| Financial charges | 65/66B | €9,498 | €9,428 | -€70 | -0.7% |
| Recurring financial charges | 65 | €9,498 | €9,428 | -€70 | -0.7% |
| Profit (loss) for the period before taxes | 9903 | €4,014 | €10,554 | +€6,540 | +162.9% |
| Income taxes | 67/77 | - | €182 | +€182 | |
| Profit (loss) for the period | 9904 | €4,014 | €10,372 | +€6,358 | +158.4% |
| Profit (loss) for the period to be appropriated | 9905 | €4,014 | €10,372 | +€6,358 | +158.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.