Hentonic: 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.
Hentonic
Largest movements
- Cash -€449,241
down €449,241 (-77.1%), from €583,039 to €133,798
mainly Receivables within one year (-€418,107) and Trade debts (-€157,226)
- Receivables within one year +€418,107
up €418,107 (+623%), from €67,134 to €485,241
of which Other amounts receivable: +€355,970
- Deferred charges and accrued income -€43,984
down €43,984 (-97.4%), from €45,164 to €1,180
- Tangible fixed assets -€30,807
down €30,807 (-16.9%), from €181,974 to €151,167
of which Furniture and vehicles: -€19,060
- Trade debts -€157,226
down €157,226 (-87.3%), from €180,131 to €22,905
- Accrued charges and deferred income +€39,633
up €39,633 (+587%), from €6,750 to €46,383
- Reserves +€16,895
up €16,895 (+2.7%), from €630,667 to €647,562
of which Distributable reserves: +€16,895
- Debts after one year -€13,227
down €13,227 (-51.0%), from €25,940 to €12,713
- Other operating charges -€10,366
down €10,366 (-81.9%), from €12,657 to €2,291
- Gross operating margin -€5,876
down €5,876 (-10.0%), from €58,994 to €53,118
- Taxes +€3,734
up €3,734 (+155%), from €2,412 to €6,146
- Financial income +€2,035
up €2,035 (+59.6%), from €3,417 to €5,453
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 | €892,394 | €780,237 | -€112,157 | -12.6% |
| Fixed assets | 21/28 | €181,974 | €151,167 | -€30,807 | -16.9% |
| Tangible fixed assets | 22/27 | €181,974 | €151,167 | -€30,807 | -16.9% |
| Land and buildings | 22 | €117,786 | €106,765 | -€11,022 | -9.4% |
| Plant, machinery and equipment | 23 | €2,055 | €1,329 | -€725 | -35.3% |
| Furniture and vehicles | 24 | €62,133 | €43,073 | -€19,060 | -30.7% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €710,420 | €629,070 | -€81,350 | -11.5% |
| Stocks and contracts in progress | 3 | €15,083 | €8,851 | -€6,232 | -41.3% |
| Stocks | 30/36 | €15,083 | €8,851 | -€6,232 | -41.3% |
| Amounts receivable within one year | 40/41 | €67,134 | €485,241 | +€418,107 | +623% |
| Trade receivables | 40 | €42,451 | €104,587 | +€62,137 | +146% |
| Other amounts receivable | 41 | €24,683 | €380,654 | +€355,970 | +1,442% |
| Cash at bank and in hand | 54/58 | €583,039 | €133,798 | -€449,241 | -77.1% |
| Deferred charges and accrued income | 490/1 | €45,164 | €1,180 | -€43,984 | -97.4% |
| Total equity and liabilities | 10/49 | €892,394 | €780,237 | -€112,157 | -12.6% |
| Equity | 10/15 | €649,267 | €666,162 | +€16,895 | +2.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €630,667 | €647,562 | +€16,895 | +2.7% |
| Tax-exempt reserves | 132 | €32,750 | €32,750 | = | 0.0% |
| Distributable reserves | 133 | €597,917 | €614,812 | +€16,895 | +2.8% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €243,128 | €114,075 | -€129,053 | -53.1% |
| Amounts payable after more than one year | 17 | €25,940 | €12,713 | -€13,227 | -51.0% |
| Financial debts | 170/4 | €25,940 | €12,713 | -€13,227 | -51.0% |
| Amounts payable within one year | 42/48 | €210,438 | €54,979 | -€155,459 | -73.9% |
| Current portion of amounts payable after more than one year | 42 | €12,587 | €13,227 | +€640 | +5.1% |
| Trade debts | 44 | €180,131 | €22,905 | -€157,226 | -87.3% |
| Suppliers | 440/4 | €180,131 | €22,905 | -€157,226 | -87.3% |
| Taxes, remuneration and social security | 45 | €17,721 | €18,848 | +€1,127 | +6.4% |
| Taxes | 450/3 | €17,721 | €18,848 | +€1,127 | +6.4% |
| Accrued charges and deferred income | 492/3 | €6,750 | €46,383 | +€39,633 | +587% |
| Non-recurring operating income | 76A | - | €3,000 | +€3,000 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,090 | €30,807 | -€283 | -0.9% |
| Other operating charges | 640/8 | €12,657 | €2,291 | -€10,366 | -81.9% |
| Gross operating margin | 9900 | €58,994 | €53,118 | -€5,876 | -10.0% |
| Operating profit (loss) | 9901 | €15,247 | €20,020 | +€4,773 | +31.3% |
| Financial income | 75/76B | €3,417 | €5,453 | +€2,035 | +59.6% |
| Recurring financial income | 75 | €3,417 | €5,453 | +€2,035 | +59.6% |
| Financial charges | 65/66B | €2,793 | €2,431 | -€362 | -13.0% |
| Recurring financial charges | 65 | €2,793 | €2,431 | -€362 | -13.0% |
| Profit (loss) for the period before taxes | 9903 | €15,871 | €23,041 | +€7,170 | +45.2% |
| Income taxes | 67/77 | €2,412 | €6,146 | +€3,734 | +155% |
| Profit (loss) for the period | 9904 | €13,459 | €16,895 | +€3,437 | +25.5% |
| Profit (loss) for the period to be appropriated | 9905 | €13,459 | €16,895 | +€3,437 | +25.5% |
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 29 October 2026 via checked.be.