HUNNINCK: 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.
HUNNINCK
Largest movements
- Receivables within one year +€83,364
up €83,364 (+64.0%), from €130,349 to €213,713
of which Trade receivables: +€53,535
- Stocks and contracts +€71,483
up €71,483 (+53.5%), from €133,673 to €205,156
- Cash -€65,192
down €65,192 (-84.5%), from €77,120 to €11,928
mainly Receivables within one year (-€83,364) and Stocks and contracts (-€71,483)
- Tangible fixed assets +€8,696
up €8,696 (+19.6%), from €44,411 to €53,108
of which Furniture and vehicles: +€15,473
- Trade debts +€43,539
up €43,539 (+52.6%), from €82,763 to €126,301
- Current portion of long-term debt +€38,500
up €38,500 (+16.2%), from €237,500 to €276,000
- Profit (loss) carried forward +€16,864
up €16,864 (+49.5%), from €34,064 to €50,928
- Gross operating margin +€36,674
up €36,674 (+192.6%), from €19,043 to €55,716
- Financial charges +€14,570
up €14,570 (+1780.9%), from €818 to €15,388
of which Non-recurring financial charges: +€14,310
- Taxes +€5,498
up €5,498 (+315.8%), from €1,741 to €7,239
- Depreciation +€3,092
up €3,092 (+28.9%), from €10,712 to €13,804
- Other operating charges +€1,551
up €1,551 (+225.8%), from €687 to €2,237
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 | €387,251 | €484,568 | +€97,317 | +25.1% |
| Fixed assets | 21/28 | €44,411 | €53,108 | +€8,696 | +19.6% |
| Tangible fixed assets | 22/27 | €44,411 | €53,108 | +€8,696 | +19.6% |
| Land and buildings | 22 | €13,042 | €11,521 | -€1,521 | -11.7% |
| Plant, machinery and equipment | 23 | €15,836 | €10,581 | -€5,255 | -33.2% |
| Furniture and vehicles | 24 | €15,533 | €31,006 | +€15,473 | +99.6% |
| Current assets | 29/58 | €342,840 | €431,460 | +€88,621 | +25.8% |
| Stocks and contracts in progress | 3 | €133,673 | €205,156 | +€71,483 | +53.5% |
| Stocks | 30/36 | €133,673 | €205,156 | +€71,483 | +53.5% |
| Amounts receivable within one year | 40/41 | €130,349 | €213,713 | +€83,364 | +64.0% |
| Trade receivables | 40 | €110,872 | €164,407 | +€53,535 | +48.3% |
| Other amounts receivable | 41 | €19,477 | €49,306 | +€29,829 | +153.1% |
| Cash at bank and in hand | 54/58 | €77,120 | €11,928 | -€65,192 | -84.5% |
| Deferred charges and accrued income | 490/1 | €1,698 | €664 | -€1,034 | -60.9% |
| Total equity and liabilities | 10/49 | €387,251 | €484,568 | +€97,317 | +25.1% |
| Equity | 10/15 | €64,894 | €81,758 | +€16,864 | +26.0% |
| Contributions | 10/11 | €16,200 | €16,200 | = | 0.0% |
| Reserves | 13 | €14,630 | €14,630 | = | 0.0% |
| Tax-exempt reserves | 132 | €11,810 | €11,810 | = | 0.0% |
| Distributable reserves | 133 | €2,820 | €2,820 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,064 | €50,928 | +€16,864 | +49.5% |
| Amounts payable | 17/49 | €322,357 | €402,810 | +€80,453 | +25.0% |
| Amounts payable within one year | 42/48 | €322,357 | €402,810 | +€80,453 | +25.0% |
| Current portion of amounts payable after more than one year | 42 | €237,500 | €276,000 | +€38,500 | +16.2% |
| Trade debts | 44 | €82,763 | €126,301 | +€43,539 | +52.6% |
| Suppliers | 440/4 | €82,763 | €126,301 | +€43,539 | +52.6% |
| Other amounts payable | 47/48 | €2,095 | €509 | -€1,586 | -75.7% |
| Remuneration, social security and pensions | 62 | - | €205 | +€205 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,712 | €13,804 | +€3,092 | +28.9% |
| Other operating charges | 640/8 | €687 | €2,237 | +€1,551 | +225.8% |
| Gross operating margin | 9900 | €19,043 | €55,716 | +€36,674 | +192.6% |
| Operating profit (loss) | 9901 | €7,644 | €39,470 | +€31,826 | +416.3% |
| Financial income | 75/76B | €30 | €21 | -€9 | -31.3% |
| Recurring financial income | 75 | €30 | €21 | -€9 | -31.3% |
| Financial charges | 65/66B | €818 | €15,388 | +€14,570 | +1780.9% |
| Recurring financial charges | 65 | €43 | €302 | +€260 | +609.6% |
| Non-recurring financial charges | 66B | €775 | €15,085 | +€14,310 | +1845.3% |
| Profit (loss) for the period before taxes | 9903 | €6,856 | €24,103 | +€17,247 | +251.6% |
| Income taxes | 67/77 | €1,741 | €7,239 | +€5,498 | +315.8% |
| Profit (loss) for the period | 9904 | €5,115 | €16,864 | +€11,749 | +229.7% |
| Profit (loss) for the period to be appropriated | 9905 | €5,115 | €16,864 | +€11,749 | +229.7% |
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 11 October 2026 via checked.be.