HENALYSE IT: 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.
HENALYSE IT
Largest movements
- Cash +€7,682
up €7,682 (+32.8%), from €23,395 to €31,077
mainly Net result for the year (+€13,072) and Tax, wage and social debts (+€4,132)
- Receivables within one year +€4,086
up €4,086 (+20.0%), from €20,413 to €24,499
of which Other amounts receivable: +€4,899
- Deferred charges and accrued income +€3,802
new in 2025: €3,802
- Reserves +€13,072
up €13,072 (+31.6%), from €41,304 to €54,376
- Tax, wage and social debts +€4,132
up €4,132 (+62.9%), from €6,574 to €10,706
- Trade debts -€1,991
down €1,991 (-97.6%), from €2,040 to €49
- Financial charges -€6,788
down €6,788 (-65.5%), from €10,365 to €3,577
- Taxes +€1,589
up €1,589 (+46.1%), from €3,448 to €5,037
- Staff costs -€1,391
down €1,391 (-100%), from €1,391 to €0
- Depreciation +€952
up €952 (+30.6%), from €3,112 to €4,064
- Gross operating margin -€819
down €819 (-3.0%), from €27,052 to €26,234
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 | €52,919 | €68,534 | +€15,615 | +29.5% |
| Fixed assets | 21/28 | €9,110 | €9,155 | +€45 | +0.5% |
| Tangible fixed assets | 22/27 | €9,110 | €9,155 | +€45 | +0.5% |
| Plant, machinery and equipment | 23 | €2,633 | €5,949 | +€3,317 | +126% |
| Furniture and vehicles | 24 | €6,478 | €3,206 | -€3,272 | -50.5% |
| Current assets | 29/58 | €43,808 | €59,379 | +€15,571 | +35.5% |
| Amounts receivable within one year | 40/41 | €20,413 | €24,499 | +€4,086 | +20.0% |
| Trade receivables | 40 | €11,798 | €10,985 | -€813 | -6.9% |
| Other amounts receivable | 41 | €8,616 | €13,515 | +€4,899 | +56.9% |
| Cash at bank and in hand | 54/58 | €23,395 | €31,077 | +€7,682 | +32.8% |
| Deferred charges and accrued income | 490/1 | - | €3,802 | +€3,802 | |
| Total equity and liabilities | 10/49 | €52,919 | €68,534 | +€15,615 | +29.5% |
| Equity | 10/15 | €44,304 | €57,376 | +€13,072 | +29.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €41,304 | €54,376 | +€13,072 | +31.6% |
| Distributable reserves | 133 | €41,304 | €54,376 | +€13,072 | +31.6% |
| Amounts payable | 17/49 | €8,614 | €11,158 | +€2,544 | +29.5% |
| Amounts payable within one year | 42/48 | €8,614 | €11,158 | +€2,544 | +29.5% |
| Trade debts | 44 | €2,040 | €49 | -€1,991 | -97.6% |
| Suppliers | 440/4 | €2,040 | €49 | -€1,991 | -97.6% |
| Taxes, remuneration and social security | 45 | €6,574 | €10,706 | +€4,132 | +62.9% |
| Taxes | 450/3 | €6,574 | €10,706 | +€4,132 | +62.9% |
| Other amounts payable | 47/48 | - | €402 | +€402 | |
| Remuneration, social security and pensions | 62 | €1,391 | €0 | -€1,391 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,112 | €4,064 | +€952 | +30.6% |
| Other operating charges | 640/8 | €402 | €484 | +€82 | +20.3% |
| Gross operating margin | 9900 | €27,052 | €26,234 | -€819 | -3.0% |
| Operating profit (loss) | 9901 | €22,148 | €21,686 | -€462 | -2.1% |
| Financial income | 75/76B | €16 | €0 | -€16 | -100% |
| Recurring financial income | 75 | €16 | €0 | -€16 | -100% |
| Financial charges | 65/66B | €10,365 | €3,577 | -€6,788 | -65.5% |
| Recurring financial charges | 65 | €10,365 | €3,577 | -€6,788 | -65.5% |
| Profit (loss) for the period before taxes | 9903 | €11,799 | €18,109 | +€6,310 | +53.5% |
| Income taxes | 67/77 | €3,448 | €5,037 | +€1,589 | +46.1% |
| Profit (loss) for the period | 9904 | €8,351 | €13,072 | +€4,721 | +56.5% |
| Profit (loss) for the period to be appropriated | 9905 | €8,351 | €13,072 | +€4,721 | +56.5% |
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 23 October 2026 via checked.be.