Hensca: 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.
Hensca
Largest movements
- Tangible fixed assets -€36,160
down €36,160 (-11.7%), from €308,718 to €272,558
of which Other tangible fixed assets: -€33,043
- Receivables within one year +€15,366
up €15,366 (+895.5%), from €1,716 to €17,082
of which Other amounts receivable: +€7,798
- Deferred charges and accrued income -€6,893
down €6,893 (-66.2%), from €10,418 to €3,525
- Profit (loss) carried forward -€139,152
down €139,152 (-29.7%), from -€468,874 to -€608,026
- Debts after one year +€37,162
up €37,162 (+7.0%), from €531,915 to €569,077
of which Other amounts payable: +€73,149
- Tax, wage and social debts +€23,352
up €23,352 (+18.0%), from €129,629 to €152,981
of which Remuneration and social security: +€12,582
- Other debts +€20,910
up €20,910 (+76.6%), from €27,290 to €48,200
- Trade debts +€18,856
up €18,856 (+26.3%), from €71,764 to €90,621
- Gross operating margin +€114,392
up €114,392 (+47.6%), from €240,482 to €354,874
- Staff costs +€67,430
up €67,430 (+19.9%), from €339,361 to €406,791
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 | €367,231 | €336,200 | -€31,031 | -8.4% |
| Fixed assets | 21/28 | €326,625 | €289,137 | -€37,489 | -11.5% |
| Intangible fixed assets | 21 | €3,678 | €2,349 | -€1,329 | -36.1% |
| Tangible fixed assets | 22/27 | €308,718 | €272,558 | -€36,160 | -11.7% |
| Land and buildings | 22 | €4,856 | €3,951 | -€905 | -18.6% |
| Plant, machinery and equipment | 23 | €66,211 | €63,999 | -€2,212 | -3.3% |
| Other tangible fixed assets | 26 | €237,651 | €204,608 | -€33,043 | -13.9% |
| Financial fixed assets | 28 | €14,230 | €14,230 | = | 0.0% |
| Current assets | 29/58 | €40,605 | €47,063 | +€6,458 | +15.9% |
| Stocks and contracts in progress | 3 | €14,688 | €16,277 | +€1,590 | +10.8% |
| Stocks | 30/36 | €14,688 | €16,277 | +€1,590 | +10.8% |
| Amounts receivable within one year | 40/41 | €1,716 | €17,082 | +€15,366 | +895.5% |
| Trade receivables | 40 | €1,716 | €9,283 | +€7,568 | +441.0% |
| Other amounts receivable | 41 | - | €7,798 | +€7,798 | |
| Cash at bank and in hand | 54/58 | €13,784 | €10,179 | -€3,605 | -26.2% |
| Deferred charges and accrued income | 490/1 | €10,418 | €3,525 | -€6,893 | -66.2% |
| Total equity and liabilities | 10/49 | €367,231 | €336,200 | -€31,031 | -8.4% |
| Equity | 10/15 | -€435,874 | -€575,026 | -€139,152 | -31.9% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €3,000 | €3,000 | = | 0.0% |
| Distributable reserves | 133 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€468,874 | -€608,026 | -€139,152 | -29.7% |
| Amounts payable | 17/49 | €803,105 | €911,226 | +€108,121 | +13.5% |
| Amounts payable after more than one year | 17 | €531,915 | €569,077 | +€37,162 | +7.0% |
| Financial debts | 170/4 | €161,551 | €125,564 | -€35,987 | -22.3% |
| Other amounts payable | 178/9 | €370,364 | €443,513 | +€73,149 | +19.8% |
| Amounts payable within one year | 42/48 | €262,888 | €327,789 | +€64,901 | +24.7% |
| Current portion of amounts payable after more than one year | 42 | €34,204 | €35,987 | +€1,784 | +5.2% |
| Trade debts | 44 | €71,764 | €90,621 | +€18,856 | +26.3% |
| Suppliers | 440/4 | €71,764 | €90,621 | +€18,856 | +26.3% |
| Taxes, remuneration and social security | 45 | €129,629 | €152,981 | +€23,352 | +18.0% |
| Taxes | 450/3 | €34,852 | €45,622 | +€10,770 | +30.9% |
| Remuneration and social security | 454/9 | €94,777 | €107,359 | +€12,582 | +13.3% |
| Other amounts payable | 47/48 | €27,290 | €48,200 | +€20,910 | +76.6% |
| Accrued charges and deferred income | 492/3 | €8,302 | €14,360 | +€6,059 | +73.0% |
| Remuneration, social security and pensions | 62 | €339,361 | €406,791 | +€67,430 | +19.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,666 | €44,304 | -€362 | -0.8% |
| Other operating charges | 640/8 | €5,643 | €9,173 | +€3,530 | +62.6% |
| Gross operating margin | 9900 | €240,482 | €354,874 | +€114,392 | +47.6% |
| Operating profit (loss) | 9901 | -€149,188 | -€105,394 | +€43,794 | +29.4% |
| Financial income | 75/76B | €11 | €117 | +€106 | +954.1% |
| Recurring financial income | 75 | €11 | €117 | +€106 | +954.1% |
| Financial charges | 65/66B | €31,599 | €33,875 | +€2,276 | +7.2% |
| Recurring financial charges | 65 | €31,599 | €33,875 | +€2,276 | +7.2% |
| Profit (loss) for the period before taxes | 9903 | -€180,777 | -€139,152 | +€41,624 | +23.0% |
| Profit (loss) for the period | 9904 | -€180,777 | -€139,152 | +€41,624 | +23.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€180,777 | -€139,152 | +€41,624 | +23.0% |
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 3 October 2026 via checked.be.