HENIRO HOLDING: 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.
HENIRO HOLDING
Largest movements
- Cash +€21,985
up €21,985 (+5.1%), from €429,463 to €451,448
mainly Net result for the year (+€22,841) and Trade debts (+€2,964)
- Reserves +€22,840
up €22,840 (+5.5%), from €418,967 to €441,807
of which Distributable reserves: +€22,840
- Tax, wage and social debts -€5,736
down €5,736 (-84.3%), from €6,803 to €1,067
of which Remuneration and social security: -€6,803
- Taxes -€1,975
down €1,975 (-19.8%), from €9,984 to €8,009
- Financial charges +€1,623
up €1,623 (+4,058%), from €40 to €1,663
- Gross operating margin -€1,251
down €1,251 (-3.1%), from €40,054 to €38,803
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 | €506,410 | €526,703 | +€20,293 | +4.0% |
| Fixed assets | 21/28 | €69,911 | €69,911 | = | 0.0% |
| Intangible fixed assets | 21 | €16,098 | €16,098 | = | 0.0% |
| Tangible fixed assets | 22/27 | €53,813 | €53,813 | = | 0.0% |
| Land and buildings | 22 | €53,813 | €53,813 | = | 0.0% |
| Current assets | 29/58 | €436,499 | €456,792 | +€20,293 | +4.6% |
| Amounts receivable within one year | 40/41 | €7,036 | €5,344 | -€1,692 | -24.0% |
| Trade receivables | 40 | €7,036 | €3,853 | -€3,183 | -45.2% |
| Other amounts receivable | 41 | - | €1,491 | +€1,491 | |
| Cash at bank and in hand | 54/58 | €429,463 | €451,448 | +€21,985 | +5.1% |
| Total equity and liabilities | 10/49 | €506,410 | €526,703 | +€20,293 | +4.0% |
| Equity | 10/15 | €481,467 | €504,307 | +€22,840 | +4.7% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Capital | 10 | €62,500 | €62,500 | = | 0.0% |
| Issued capital | 100 | €62,500 | €62,500 | = | 0.0% |
| Reserves | 13 | €418,967 | €441,807 | +€22,840 | +5.5% |
| Non-distributable reserves | 130/1 | €6,250 | €6,250 | = | 0.0% |
| Legal reserve | 130 | €6,250 | €6,250 | = | 0.0% |
| Tax-exempt reserves | 132 | €91,668 | €91,668 | = | 0.0% |
| Distributable reserves | 133 | €321,049 | €343,889 | +€22,840 | +7.1% |
| Provisions and deferred taxes | 16 | €14,000 | €14,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €14,000 | €14,000 | = | 0.0% |
| Pensions and similar obligations | 160 | €14,000 | €14,000 | = | 0.0% |
| Amounts payable | 17/49 | €10,943 | €8,396 | -€2,547 | -23.3% |
| Amounts payable within one year | 42/48 | €10,943 | €8,396 | -€2,547 | -23.3% |
| Trade debts | 44 | €2,919 | €5,883 | +€2,964 | +102% |
| Suppliers | 440/4 | €2,919 | €5,883 | +€2,964 | +102% |
| Taxes, remuneration and social security | 45 | €6,803 | €1,067 | -€5,736 | -84.3% |
| Taxes | 450/3 | - | €1,067 | +€1,067 | |
| Remuneration and social security | 454/9 | €6,803 | - | -€6,803 | |
| Other amounts payable | 47/48 | €1,221 | €1,446 | +€225 | +18.4% |
| Other operating charges | 640/8 | €6,734 | €6,964 | +€230 | +3.4% |
| Gross operating margin | 9900 | €40,054 | €38,803 | -€1,251 | -3.1% |
| Operating profit (loss) | 9901 | €33,320 | €31,839 | -€1,481 | -4.4% |
| Financial income | 75/76B | €490 | €674 | +€184 | +37.6% |
| Recurring financial income | 75 | €490 | €674 | +€184 | +37.6% |
| Financial charges | 65/66B | €40 | €1,663 | +€1,623 | +4,058% |
| Recurring financial charges | 65 | €40 | €1,663 | +€1,623 | +4,058% |
| Profit (loss) for the period before taxes | 9903 | €33,770 | €30,850 | -€2,920 | -8.6% |
| Income taxes | 67/77 | €9,984 | €8,009 | -€1,975 | -19.8% |
| Profit (loss) for the period | 9904 | €23,786 | €22,841 | -€945 | -4.0% |
| Profit (loss) for the period to be appropriated | 9905 | €23,786 | €22,841 | -€945 | -4.0% |
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 26 October 2026 via checked.be.