IMMO HENNAU: 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.
IMMO HENNAU
Largest movements
- Tangible fixed assets -€25,212
down €25,212 (-6.1%), from €415,221 to €390,010
of which Land and buildings: -€23,532
- Debts after one year -€46,289
down €46,289 (-25.8%), from €179,332 to €133,043
- Reserves +€12,641
up €12,641 (+60.6%), from €20,860 to €33,501
of which Distributable reserves: +€12,641
- Other debts +€7,000
up €7,000 (+9.0%), from €77,971 to €84,971
- Gross operating margin -€9,909
down €9,909 (-13.9%), from €71,158 to €61,249
- Other operating charges -€4,048
down €4,048 (-34.1%), from €11,871 to €7,823
- Financial charges -€2,016
down €2,016 (-17.4%), from €11,612 to €9,596
- Taxes -€1,547
down €1,547 (-20.6%), from €7,525 to €5,978
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 | €425,764 | €404,194 | -€21,570 | -5.1% |
| Fixed assets | 21/28 | €415,471 | €390,260 | -€25,212 | -6.1% |
| Tangible fixed assets | 22/27 | €415,221 | €390,010 | -€25,212 | -6.1% |
| Land and buildings | 22 | €400,690 | €377,159 | -€23,532 | -5.9% |
| Plant, machinery and equipment | 23 | €14,531 | €12,851 | -€1,680 | -11.6% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €10,293 | €13,935 | +€3,642 | +35.4% |
| Amounts receivable within one year | 40/41 | €4,166 | €809 | -€3,357 | -80.6% |
| Trade receivables | 40 | €4,166 | €787 | -€3,379 | -81.1% |
| Other amounts receivable | 41 | - | €22 | +€22 | |
| Cash at bank and in hand | 54/58 | €5,602 | €9,729 | +€4,127 | +73.7% |
| Deferred charges and accrued income | 490/1 | €525 | €3,397 | +€2,872 | +547% |
| Total equity and liabilities | 10/49 | €425,764 | €404,194 | -€21,570 | -5.1% |
| Equity | 10/15 | €115,187 | €127,827 | +€12,641 | +11.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €20,860 | €33,501 | +€12,641 | +60.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €20,860 | €33,501 | +€12,641 | +60.6% |
| Profit (loss) carried forward | 14 | €81,927 | €81,927 | = | 0.0% |
| Amounts payable | 17/49 | €310,577 | €276,367 | -€34,211 | -11.0% |
| Amounts payable after more than one year | 17 | €179,332 | €133,043 | -€46,289 | -25.8% |
| Financial debts | 170/4 | €179,332 | €133,043 | -€46,289 | -25.8% |
| Amounts payable within one year | 42/48 | €130,545 | €142,624 | +€12,079 | +9.3% |
| Current portion of amounts payable after more than one year | 42 | €44,184 | €46,289 | +€2,105 | +4.8% |
| Trade debts | 44 | €29 | €3,232 | +€3,203 | +11,044% |
| Suppliers | 440/4 | €29 | €3,232 | +€3,203 | +11,044% |
| Taxes, remuneration and social security | 45 | €8,360 | €8,132 | -€229 | -2.7% |
| Taxes | 450/3 | €8,360 | €8,132 | -€229 | -2.7% |
| Other amounts payable | 47/48 | €77,971 | €84,971 | +€7,000 | +9.0% |
| Accrued charges and deferred income | 492/3 | €700 | €700 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,199 | €25,212 | +€12 | 0.0% |
| Other operating charges | 640/8 | €11,871 | €7,823 | -€4,048 | -34.1% |
| Gross operating margin | 9900 | €71,158 | €61,249 | -€9,909 | -13.9% |
| Operating profit (loss) | 9901 | €34,087 | €28,214 | -€5,873 | -17.2% |
| Financial charges | 65/66B | €11,612 | €9,596 | -€2,016 | -17.4% |
| Recurring financial charges | 65 | €11,612 | €9,596 | -€2,016 | -17.4% |
| Profit (loss) for the period before taxes | 9903 | €22,476 | €18,618 | -€3,857 | -17.2% |
| Income taxes | 67/77 | €7,525 | €5,978 | -€1,547 | -20.6% |
| Profit (loss) for the period | 9904 | €14,951 | €12,641 | -€2,310 | -15.5% |
| Profit (loss) for the period to be appropriated | 9905 | €14,951 | €12,641 | -€2,310 | -15.5% |
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 28 October 2026 via checked.be.