Hinssen: 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.
Hinssen
Largest movements
- Cash +€150,143
up €150,143 (+63.1%), from €237,757 to €387,901
mainly Net result for the year (+€116,015) and Depreciation (+€63,694)
- Receivables within one year -€39,150
down €39,150 (-42.8%), from €91,403 to €52,254
of which Trade receivables: -€32,125
- Stocks and contracts -€33,502
down €33,502 (-11.6%), from €288,774 to €255,272
- Tangible fixed assets -€16,332
down €16,332 (-6.7%), from €243,234 to €226,902
of which Furniture and vehicles: -€19,533
- Other debts +€45,512
up €45,512 (+52.7%), from €86,334 to €131,846
- Reserves +€30,700
up €30,700 (+5.7%), from €541,791 to €572,492
of which Distributable reserves: +€30,700
- Debts after one year -€18,428
down €18,428 (-79.9%), from €23,069 to €4,640
- Staff costs -€70,085
down €70,085 (-100.0%), from €70,086 to €0
- Gross operating margin -€60,242
down €60,242 (-18.9%), from €318,545 to €258,303
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 | €864,858 | €929,086 | +€64,228 | +7.4% |
| Fixed assets | 21/28 | €243,625 | €227,293 | -€16,332 | -6.7% |
| Tangible fixed assets | 22/27 | €243,234 | €226,902 | -€16,332 | -6.7% |
| Land and buildings | 22 | €77,270 | €68,834 | -€8,436 | -10.9% |
| Plant, machinery and equipment | 23 | €73,288 | €85,534 | +€12,247 | +16.7% |
| Furniture and vehicles | 24 | €83,914 | €64,381 | -€19,533 | -23.3% |
| Other tangible fixed assets | 26 | €8,763 | €8,153 | -€609 | -7.0% |
| Financial fixed assets | 28 | €391 | €391 | = | 0.0% |
| Current assets | 29/58 | €621,233 | €701,792 | +€80,560 | +13.0% |
| Stocks and contracts in progress | 3 | €288,774 | €255,272 | -€33,502 | -11.6% |
| Stocks | 30/36 | €288,774 | €255,272 | -€33,502 | -11.6% |
| Amounts receivable within one year | 40/41 | €91,403 | €52,254 | -€39,150 | -42.8% |
| Trade receivables | 40 | €76,218 | €44,094 | -€32,125 | -42.1% |
| Other amounts receivable | 41 | €15,185 | €8,160 | -€7,025 | -46.3% |
| Cash at bank and in hand | 54/58 | €237,757 | €387,901 | +€150,143 | +63.1% |
| Deferred charges and accrued income | 490/1 | €3,298 | €6,367 | +€3,069 | +93.0% |
| Total equity and liabilities | 10/49 | €864,858 | €929,086 | +€64,228 | +7.4% |
| Equity | 10/15 | €583,843 | €614,543 | +€30,700 | +5.3% |
| Contributions | 10/11 | €37,500 | €37,500 | = | 0.0% |
| Reserves | 13 | €541,791 | €572,492 | +€30,700 | +5.7% |
| Non-distributable reserves | 130/1 | €3,750 | €3,750 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,750 | €3,750 | = | 0.0% |
| Tax-exempt reserves | 132 | €46,894 | €46,894 | = | 0.0% |
| Distributable reserves | 133 | €491,148 | €521,848 | +€30,700 | +6.3% |
| Profit (loss) carried forward | 14 | €4,551 | €4,551 | = | 0.0% |
| Provisions and deferred taxes | 16 | €52,302 | €52,302 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €52,302 | €52,302 | = | 0.0% |
| Pensions and similar obligations | 160 | €52,302 | €52,302 | = | 0.0% |
| Amounts payable | 17/49 | €228,713 | €262,241 | +€33,528 | +14.7% |
| Amounts payable after more than one year | 17 | €23,069 | €4,640 | -€18,428 | -79.9% |
| Financial debts | 170/4 | €23,069 | €4,640 | -€18,428 | -79.9% |
| Amounts payable within one year | 42/48 | €205,645 | €257,601 | +€51,956 | +25.3% |
| Current portion of amounts payable after more than one year | 42 | €23,588 | €18,428 | -€5,160 | -21.9% |
| Trade debts | 44 | €77,108 | €84,869 | +€7,762 | +10.1% |
| Suppliers | 440/4 | €77,108 | €84,869 | +€7,762 | +10.1% |
| Taxes, remuneration and social security | 45 | €18,615 | €22,457 | +€3,842 | +20.6% |
| Taxes | 450/3 | €12,637 | €22,457 | +€9,820 | +77.7% |
| Remuneration and social security | 454/9 | €5,978 | - | -€5,978 | |
| Other amounts payable | 47/48 | €86,334 | €131,846 | +€45,512 | +52.7% |
| Non-recurring operating income | 76A | €16,643 | €3,227 | -€13,416 | -80.6% |
| Remuneration, social security and pensions | 62 | €70,086 | €0 | -€70,085 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,344 | €63,694 | +€1,350 | +2.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €2,158 | +€2,158 | |
| Other operating charges | 640/8 | €22,887 | €23,730 | +€842 | +3.7% |
| Gross operating margin | 9900 | €318,545 | €258,303 | -€60,242 | -18.9% |
| Operating profit (loss) | 9901 | €163,228 | €168,721 | +€5,493 | +3.4% |
| Financial income | 75/76B | €549 | €75 | -€474 | -86.3% |
| Recurring financial income | 75 | €549 | €75 | -€474 | -86.3% |
| Financial charges | 65/66B | €2,968 | €2,176 | -€793 | -26.7% |
| Recurring financial charges | 65 | €2,968 | €2,176 | -€793 | -26.7% |
| Profit (loss) for the period before taxes | 9903 | €160,809 | €166,621 | +€5,812 | +3.6% |
| Income taxes | 67/77 | €47,588 | €50,606 | +€3,018 | +6.3% |
| Profit (loss) for the period | 9904 | €113,221 | €116,015 | +€2,794 | +2.5% |
| Profit (loss) for the period to be appropriated | 9905 | €113,221 | €116,015 | +€2,794 | +2.5% |
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 20 October 2026 via checked.be.