Henico: what changed
Two fiscal 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.
Henico
Largest movements
- Tangible fixed assets -€1,581
down €1,581 (-18.4%), from €8,608 to €7,027
of which Other tangible fixed assets: -€880
- Cash +€1,244
up €1,244 (+108.6%), from €1,146 to €2,390
mainly Depreciation (+€1,581) and Other debts (+€1,172)
- Receivables within one year +€262
new in 2025: €262
- Tax, wage and social debts -€2,157
down €2,157 (-41.0%), from €5,259 to €3,102
- Other debts +€1,172
up €1,172 (+140.7%), from €833 to €2,005
- Trade debts +€604
up €604 (+60.0%), from €1,007 to €1,611
- Profit (loss) carried forward +€222
up €222 (+2.3%), from €9,785 to €10,007
- Gross operating margin +€2,426
up €2,426 (+91.5%), from €2,650 to €5,076
- Financial charges +€1,362
up €1,362 (+619.0%), from €220 to €1,583
- Other operating charges -€743
down €743 (-53.2%), from €1,396 to €653
- Taxes +€368
up €368 (+55.1%), from €669 to €1,038
- Depreciation +€318
up €318 (+25.1%), from €1,263 to €1,581
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 | €16,984 | €16,825 | -€160 | -0.9% |
| Fixed assets | 21/28 | €11,533 | €9,952 | -€1,581 | -13.7% |
| Tangible fixed assets | 22/27 | €8,608 | €7,027 | -€1,581 | -18.4% |
| Plant, machinery and equipment | 23 | €1,386 | €685 | -€701 | -50.6% |
| Other tangible fixed assets | 26 | €7,222 | €6,342 | -€880 | -12.2% |
| Financial fixed assets | 28 | €2,925 | €2,925 | = | 0.0% |
| Current assets | 29/58 | €5,451 | €6,873 | +€1,421 | +26.1% |
| Amounts receivable within one year | 40/41 | - | €262 | +€262 | |
| Trade receivables | 40 | - | €262 | +€262 | |
| Cash at bank and in hand | 54/58 | €1,146 | €2,390 | +€1,244 | +108.6% |
| Deferred charges and accrued income | 490/1 | €4,306 | €4,221 | -€85 | -2.0% |
| Total equity and liabilities | 10/49 | €16,984 | €16,825 | -€160 | -0.9% |
| Equity | 10/15 | €9,885 | €10,107 | +€222 | +2.2% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,785 | €10,007 | +€222 | +2.3% |
| Amounts payable | 17/49 | €7,099 | €6,718 | -€381 | -5.4% |
| Amounts payable within one year | 42/48 | €7,099 | €6,718 | -€381 | -5.4% |
| Trade debts | 44 | €1,007 | €1,611 | +€604 | +60.0% |
| Suppliers | 440/4 | €1,007 | €1,611 | +€604 | +60.0% |
| Taxes, remuneration and social security | 45 | €5,259 | €3,102 | -€2,157 | -41.0% |
| Taxes | 450/3 | €5,259 | €3,102 | -€2,157 | -41.0% |
| Other amounts payable | 47/48 | €833 | €2,005 | +€1,172 | +140.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,263 | €1,581 | +€318 | +25.1% |
| Other operating charges | 640/8 | €1,396 | €653 | -€743 | -53.2% |
| Gross operating margin | 9900 | €2,650 | €5,076 | +€2,426 | +91.5% |
| Operating profit (loss) | 9901 | -€9 | €2,842 | +€2,851 | |
| Financial charges | 65/66B | €220 | €1,583 | +€1,362 | +619.0% |
| Recurring financial charges | 65 | €220 | €1,583 | +€1,362 | +619.0% |
| Profit (loss) for the period before taxes | 9903 | -€229 | €1,259 | +€1,488 | |
| Income taxes | 67/77 | €669 | €1,038 | +€368 | +55.1% |
| Profit (loss) for the period | 9904 | -€898 | €222 | +€1,120 | |
| Profit (loss) for the period to be appropriated | 9905 | -€898 | €222 | +€1,120 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.