Etablissements HENROTTE: what changed
What changed
Etablissements HENROTTE
NACE 95.210, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
filed annual accounts (NBB)
Net result for the year
-€1.9m
2022 · -€65,615-€1.8m
Equity
-€635,733
2022 · €1.3m-€1.9m
Cash
€283,465
2022 · €876,748-€593,283
Balance sheet total
€2.4m
2022 · €4.7m-€2.3m
Largest movements
Assets
- Receivables within one year -€1.7m
down €1.7m (-57.0%), from €3.0m to €1.3m
of which Trade receivables: -€1.8m
- Cash -€593,283
down €593,283 (-67.7%), from €876,748 to €283,465
mainly Net result for the year (-€1.9m) and Other debts (-€329,977)
- Tangible fixed assets -€91,895
down €91,895 (-33.4%), from €274,871 to €182,975
of which Furniture and vehicles: -€87,807
- Deferred charges and accrued income +€55,609
up €55,609 (+62.3%), from €89,263 to €144,872
Equity and liabilities
- Profit (loss) carried forward -€1.9m
down €1.9m, from €733,472 to -€1.2m
- Other debts -€329,977
down €329,977 (-98.0%), from €336,616 to €6,638
- Tax, wage and social debts -€56,463
down €56,463 (-13.2%), from €427,975 to €371,511
of which Taxes: -€65,606
Income statement
- Turnover -€3.2m
down €3.2m (-30.8%), from €10.4m to €7.2m
- Goods and materials -€979,035
down €979,035 (-34.8%), from €2.8m to €1.8m
of which Purchases: -€969,859
- Services and other goods -€283,355
down €283,355 (-6.5%), from €4.4m to €4.1m
- Staff costs -€117,048
down €117,048 (-3.8%), from €3.1m to €3.0m
- Other operating charges +€111,068
up €111,068 (+63.2%), from €175,692 to €286,761
Change in the result, 2022 to 2023
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2022
-€65,615
Turnover
-€3.2m
Other operating income
+€54,249
Goods and materials
+€979,035
Services and other goods
+€283,355
Staff costs
+€117,048
Depreciation
+€22,905
Write-downs
-€411
Other operating charges
-€111,068
Other operating items
+€3,578
Financial income
+€9,072
Financial charges
+€12
Taxes
+€5,751
Result 2023
-€1.9m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2022 and 2023 balance sheets and the 2023 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€584,615
Investment
+€14,481
Financing
-€23,148
Cash 2022
€876,748
From operations (derived)
-€584,615
Net result for the year
-€1.9m
Depreciation
+€93,055
Receivables within one year
+€1.7m
Deferred charges and accrued income
-€55,609
Trade debts
-€17,202
Tax, wage and social debts
-€56,463
Other debts
-€329,977
Accrued charges and deferred income
-€8,523
Investment (derived)
+€14,481
Investment in fixed assets (net)
+€14,481
Financing
-€23,148
Debts after one year
-€22,834
Current portion of long-term debt
-€314
Cash 2023
€283,465
brings cash intakes cash out
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,724,960 | €2,386,356 | -€2.3m | -49.5% |
| Fixed assets | 21/28 | €790,655 | €683,120 | -€107,535 | -13.6% |
| Intangible fixed assets | 21 | €23,638 | €7,998 | -€15,640 | -66.2% |
| Tangible fixed assets | 22/27 | €274,871 | €182,975 | -€91,895 | -33.4% |
| Plant, machinery and equipment | 23 | €42,248 | €32,285 | -€9,963 | -23.6% |
| Furniture and vehicles | 24 | €142,003 | €54,196 | -€87,807 | -61.8% |
| Other tangible fixed assets | 26 | €80,620 | €76,494 | -€4,126 | -5.1% |
| Assets under construction and advance payments | 27 | €10,000 | €20,000 | +€10,000 | +100% |
| Financial fixed assets | 28 | €492,147 | €492,147 | = | 0.0% |
| Affiliated companies | 280/1 | €490,887 | €490,887 | = | 0.0% |
| Participating interests | 280 | €490,887 | €490,887 | = | 0.0% |
| Other financial fixed assets | 284/8 | €1,260 | €1,260 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €1,260 | €1,260 | = | 0.0% |
| Current assets | 29/58 | €3,934,305 | €1,703,236 | -€2.2m | -56.7% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Stocks | 30/36 | €0 | - | = | |
| Goods purchased for resale | 34 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €2,968,294 | €1,274,899 | -€1.7m | -57.0% |
| Trade receivables | 40 | €2,668,071 | €899,357 | -€1.8m | -66.3% |
| Other amounts receivable | 41 | €300,223 | €375,542 | +€75,319 | +25.1% |
| Cash at bank and in hand | 54/58 | €876,748 | €283,465 | -€593,283 | -67.7% |
| Deferred charges and accrued income | 490/1 | €89,263 | €144,872 | +€55,609 | +62.3% |
| Total equity and liabilities | 10/49 | €4,724,960 | €2,386,356 | -€2.3m | -49.5% |
| Equity | 10/15 | €1,267,557 | -€635,733 | -€1.9m | |
| Contributions | 10/11 | €280,987 | €280,987 | = | 0.0% |
| Capital | 10 | €280,987 | €280,987 | = | 0.0% |
| Issued capital | 100 | €280,987 | €280,987 | = | 0.0% |
| Reserves | 13 | €253,099 | €253,099 | = | 0.0% |
| Non-distributable reserves | 130/1 | €28,099 | €28,099 | = | 0.0% |
| Legal reserve | 130 | €28,099 | €28,099 | = | 0.0% |
| Distributable reserves | 133 | €225,000 | €225,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €733,472 | -€1,169,819 | -€1.9m | |
| Investment grants | 15 | €0 | - | = | |
| Amounts payable | 17/49 | €3,457,403 | €3,022,089 | -€435,314 | -12.6% |
| Amounts payable after more than one year | 17 | €1,662,834 | €1,640,000 | -€22,834 | -1.4% |
| Financial debts | 170/4 | €22,834 | €0 | -€22,834 | -100% |
| Credit institutions | 173 | €22,834 | €0 | -€22,834 | -100% |
| Trade debts | 175 | €1,640,000 | €1,640,000 | = | 0.0% |
| Suppliers | 1750 | €1,640,000 | €1,640,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,775,177 | €1,371,221 | -€403,957 | -22.8% |
| Current portion of amounts payable after more than one year | 42 | €25,041 | €24,727 | -€314 | -1.3% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €985,546 | €968,344 | -€17,202 | -1.7% |
| Suppliers | 440/4 | €985,546 | €968,344 | -€17,202 | -1.7% |
| Taxes, remuneration and social security | 45 | €427,975 | €371,511 | -€56,463 | -13.2% |
| Taxes | 450/3 | €101,940 | €36,334 | -€65,606 | -64.4% |
| Remuneration and social security | 454/9 | €326,035 | €335,178 | +€9,143 | +2.8% |
| Other amounts payable | 47/48 | €336,616 | €6,638 | -€329,977 | -98.0% |
| Accrued charges and deferred income | 492/3 | €19,391 | €10,869 | -€8,523 | -44.0% |
| Operating income | 70/76A | €10,561,776 | €7,414,823 | -€3.1m | -29.8% |
| Turnover | 70 | €10,403,229 | €7,202,027 | -€3.2m | -30.8% |
| Other operating income | 74 | €158,547 | €212,796 | +€54,249 | +34.2% |
| Operating charges | 60/66A | €10,590,587 | €9,296,146 | -€1.3m | -12.2% |
| Goods for resale, raw materials and consumables | 60 | €2,811,055 | €1,832,020 | -€979,035 | -34.8% |
| Purchases | 600/8 | €2,801,880 | €1,832,020 | -€969,859 | -34.6% |
| Change in stocks: decrease (increase) | 609 | €9,176 | €0 | -€9,176 | -100% |
| Services and other goods | 61 | €4,363,947 | €4,080,592 | -€283,355 | -6.5% |
| Remuneration, social security and pensions | 62 | €3,120,355 | €3,003,307 | -€117,048 | -3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €115,960 | €93,055 | -€22,905 | -19.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €411 | +€411 | |
| Other operating charges | 640/8 | €175,692 | €286,761 | +€111,068 | +63.2% |
| Non-recurring operating charges | 66A | €3,578 | €0 | -€3,578 | -100% |
| Operating profit (loss) | 9901 | -€28,812 | -€1,881,323 | -€1.9m | -6,430% |
| Financial income | 75/76B | €9,112 | €18,184 | +€9,072 | +99.6% |
| Recurring financial income | 75 | €9,112 | €18,184 | +€9,072 | +99.6% |
| Income from current assets | 751 | €8,693 | €17,996 | +€9,303 | +107% |
| Other financial income | 752/9 | €419 | €187 | -€232 | -55.3% |
| Financial charges | 65/66B | €37,605 | €37,592 | -€12 | 0.0% |
| Recurring financial charges | 65 | €37,605 | €37,592 | -€12 | 0.0% |
| Debt charges | 650 | €36,498 | €36,076 | -€421 | -1.2% |
| Other financial charges | 652/9 | €1,107 | €1,516 | +€409 | +37.0% |
| Profit (loss) for the period before taxes | 9903 | -€57,305 | -€1,900,731 | -€1.8m | -3,217% |
| Income taxes | 67/77 | €8,310 | €2,559 | -€5,751 | -69.2% |
| Taxes | 670/3 | €8,310 | €2,559 | -€5,751 | -69.2% |
| Profit (loss) for the period | 9904 | -€65,615 | -€1,903,291 | -€1.8m | -2,801% |
| Profit (loss) for the period to be appropriated | 9905 | -€65,615 | -€1,903,291 | -€1.8m | -2,801% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.