HEYNDRICKX ENGINEERING: 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.
HEYNDRICKX ENGINEERING
Largest movements
- Cash +€7,749
up €7,749 (+17.4%), from €44,410 to €52,159
mainly Receivables within one year (+€7,407) and Net result for the year (+€6,496)
- Receivables within one year -€7,407
down €7,407 (-4.9%), from €151,451 to €144,043
of which Trade receivables: -€7,788
- Tangible fixed assets -€4,235
down €4,235 (-52.7%), from €8,043 to €3,808
of which Furniture and vehicles: -€4,347
- Tax, wage and social debts -€5,384
down €5,384 (-66.6%), from €8,088 to €2,704
of which Remuneration and social security: -€2,784
- Trade debts -€4,971
down €4,971 (-96.2%), from €5,168 to €197
- Reserves +€3,435
up €3,435 (+2.0%), from €175,905 to €179,340
- Profit (loss) carried forward +€3,061
up €3,061, from -€3,061 to €0
- Gross operating margin +€10,574
up €10,574 (+349.5%), from €3,026 to €13,600
- Taxes +€2,747
up €2,747 (+543.2%), from €506 to €3,253
- Financial income +€1,950
up €1,950 (+338.2%), from €577 to €2,527
- Depreciation +€165
up €165 (+3.1%), from €5,310 to €5,475
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 | €204,699 | €200,840 | -€3,858 | -1.9% |
| Fixed assets | 21/28 | €8,043 | €3,808 | -€4,235 | -52.7% |
| Tangible fixed assets | 22/27 | €8,043 | €3,808 | -€4,235 | -52.7% |
| Plant, machinery and equipment | 23 | €1,563 | €1,676 | +€112 | +7.2% |
| Furniture and vehicles | 24 | €6,480 | €2,133 | -€4,347 | -67.1% |
| Current assets | 29/58 | €196,656 | €197,032 | +€377 | +0.2% |
| Amounts receivable within one year | 40/41 | €151,451 | €144,043 | -€7,407 | -4.9% |
| Trade receivables | 40 | €19,606 | €11,817 | -€7,788 | -39.7% |
| Other amounts receivable | 41 | €131,845 | €132,226 | +€381 | +0.3% |
| Cash at bank and in hand | 54/58 | €44,410 | €52,159 | +€7,749 | +17.4% |
| Deferred charges and accrued income | 490/1 | €795 | €830 | +€35 | +4.4% |
| Total equity and liabilities | 10/49 | €204,699 | €200,840 | -€3,858 | -1.9% |
| Equity | 10/15 | €191,443 | €197,940 | +€6,496 | +3.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €175,905 | €179,340 | +€3,435 | +2.0% |
| Distributable reserves | 133 | €175,905 | €179,340 | +€3,435 | +2.0% |
| Profit (loss) carried forward | 14 | -€3,061 | €0 | +€3,061 | |
| Amounts payable | 17/49 | €13,255 | €2,901 | -€10,355 | -78.1% |
| Amounts payable within one year | 42/48 | €13,255 | €2,901 | -€10,355 | -78.1% |
| Trade debts | 44 | €5,168 | €197 | -€4,971 | -96.2% |
| Suppliers | 440/4 | €5,168 | €197 | -€4,971 | -96.2% |
| Taxes, remuneration and social security | 45 | €8,088 | €2,704 | -€5,384 | -66.6% |
| Taxes | 450/3 | €5,304 | €2,704 | -€2,600 | -49.0% |
| Remuneration and social security | 454/9 | €2,784 | €0 | -€2,784 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,310 | €5,475 | +€165 | +3.1% |
| Other operating charges | 640/8 | €790 | €834 | +€44 | +5.6% |
| Gross operating margin | 9900 | €3,026 | €13,600 | +€10,574 | +349.5% |
| Operating profit (loss) | 9901 | -€3,074 | €7,292 | +€10,365 | |
| Financial income | 75/76B | €577 | €2,527 | +€1,950 | +338.2% |
| Recurring financial income | 75 | €577 | €2,527 | +€1,950 | +338.2% |
| Financial charges | 65/66B | €59 | €69 | +€11 | +18.5% |
| Recurring financial charges | 65 | €59 | €69 | +€11 | +18.5% |
| Profit (loss) for the period before taxes | 9903 | -€2,556 | €9,749 | +€12,305 | |
| Income taxes | 67/77 | €506 | €3,253 | +€2,747 | +543.2% |
| Profit (loss) for the period | 9904 | -€3,061 | €6,496 | +€9,558 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,061 | €6,496 | +€9,558 |
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 2 October 2026 via checked.be.