HENTEP' S: 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.
HENTEP' S
Largest movements
- Deferred charges and accrued income +€50,000
new in 2025: €50,000
- Tangible fixed assets -€36,131
down €36,131 (-4.3%), from €835,221 to €799,090
of which Land and buildings: -€35,883
- Receivables within one year +€19,841
up €19,841 (+113%), from €17,610 to €37,451
of which Trade receivables: +€18,150
- Profit (loss) carried forward +€45,343
up €45,343 (+93.7%), from -€48,417 to -€3,074
- Debts after one year -€20,143
down €20,143 (-5.2%), from €383,826 to €363,683
- Gross operating margin +€58,452
up €58,452 (+122%), from €47,840 to €106,292
- Other operating charges +€12,413
up €12,413 (+650%), from €1,908 to €14,321
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.
Derived cash bridge
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 | €928,103 | €958,524 | +€30,421 | +3.3% |
| Fixed assets | 21/28 | €838,306 | €802,175 | -€36,131 | -4.3% |
| Tangible fixed assets | 22/27 | €835,221 | €799,090 | -€36,131 | -4.3% |
| Land and buildings | 22 | €834,973 | €799,090 | -€35,883 | -4.3% |
| Furniture and vehicles | 24 | €248 | - | -€248 | |
| Financial fixed assets | 28 | €3,085 | €3,085 | = | 0.0% |
| Current assets | 29/58 | €89,797 | €156,349 | +€66,552 | +74.1% |
| Amounts receivable within one year | 40/41 | €17,610 | €37,451 | +€19,841 | +113% |
| Trade receivables | 40 | €16,804 | €34,954 | +€18,150 | +108% |
| Other amounts receivable | 41 | €806 | €2,497 | +€1,691 | +210% |
| Cash at bank and in hand | 54/58 | €72,187 | €68,898 | -€3,289 | -4.6% |
| Deferred charges and accrued income | 490/1 | - | €50,000 | +€50,000 | |
| Total equity and liabilities | 10/49 | €928,103 | €958,524 | +€30,421 | +3.3% |
| Equity | 10/15 | -€29,540 | €15,803 | +€45,343 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €276 | €276 | = | 0.0% |
| Non-distributable reserves | 130/1 | €276 | €276 | = | 0.0% |
| Reserves not available under the articles | 1311 | €276 | €276 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€48,417 | -€3,074 | +€45,343 | +93.7% |
| Amounts payable | 17/49 | €957,643 | €942,721 | -€14,922 | -1.6% |
| Amounts payable after more than one year | 17 | €383,826 | €363,683 | -€20,143 | -5.2% |
| Financial debts | 170/4 | €383,826 | €363,683 | -€20,143 | -5.2% |
| Amounts payable within one year | 42/48 | €573,817 | €579,038 | +€5,221 | +0.9% |
| Current portion of amounts payable after more than one year | 42 | €21,314 | €21,801 | +€487 | +2.3% |
| Financial debts | 43 | €5,225 | - | -€5,225 | |
| Credit institutions | 430/8 | €5,225 | - | -€5,225 | |
| Trade debts | 44 | €23,244 | €30,053 | +€6,809 | +29.3% |
| Suppliers | 440/4 | €23,244 | €30,053 | +€6,809 | +29.3% |
| Other amounts payable | 47/48 | €524,034 | €527,184 | +€3,149 | +0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,393 | €36,131 | -€262 | -0.7% |
| Other operating charges | 640/8 | €1,908 | €14,321 | +€12,413 | +650% |
| Gross operating margin | 9900 | €47,840 | €106,292 | +€58,452 | +122% |
| Operating profit (loss) | 9901 | €9,539 | €55,840 | +€46,301 | +485% |
| Financial charges | 65/66B | €10,756 | €10,497 | -€259 | -2.4% |
| Recurring financial charges | 65 | €10,756 | €10,497 | -€259 | -2.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,217 | €45,343 | +€46,560 | |
| Profit (loss) for the period | 9904 | -€1,217 | €45,343 | +€46,560 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,217 | €45,343 | +€46,560 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.