Henk Rodts: 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.
Henk Rodts
Largest movements
- Cash -€10,388
down €10,388 (-69.0%), from €15,053 to €4,665
mainly Net result for the year (-€26,521) and Other debts (-€524)
- Stocks and contracts -€10,280
no longer reported in 2025 (was €10,280)
of which Contracts in progress: -€10,000
- Receivables within one year -€6,564
down €6,564 (-19.2%), from €34,151 to €27,587
of which Trade receivables: -€6,452
- Profit (loss) carried forward -€26,521
down €26,521, from €23,442 to -€3,079
- Gross operating margin -€28,120
down €28,120, from €3,024 to -€25,096
- Other operating charges -€739
down €739 (-36.5%), from €2,024 to €1,285
- Depreciation -€640
no longer reported in 2025 (was €640)
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 | €59,484 | €32,252 | -€27,232 | -45.8% |
| Current assets | 29/58 | €59,484 | €32,252 | -€27,232 | -45.8% |
| Stocks and contracts in progress | 3 | €10,280 | - | -€10,280 | |
| Stocks | 30/36 | €280 | - | -€280 | |
| Contracts in progress | 37 | €10,000 | - | -€10,000 | |
| Amounts receivable within one year | 40/41 | €34,151 | €27,587 | -€6,564 | -19.2% |
| Trade receivables | 40 | €33,490 | €27,038 | -€6,452 | -19.3% |
| Other amounts receivable | 41 | €661 | €549 | -€112 | -16.9% |
| Cash at bank and in hand | 54/58 | €15,053 | €4,665 | -€10,388 | -69.0% |
| Total equity and liabilities | 10/49 | €59,484 | €32,252 | -€27,232 | -45.8% |
| Equity | 10/15 | €56,351 | €29,830 | -€26,521 | -47.1% |
| Contributions | 10/11 | €10,535 | €10,535 | = | 0.0% |
| Reserves | 13 | €22,374 | €22,374 | = | 0.0% |
| Tax-exempt reserves | 132 | €22,374 | €22,374 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,442 | -€3,079 | -€26,521 | |
| Amounts payable | 17/49 | €3,133 | €2,422 | -€711 | -22.7% |
| Amounts payable within one year | 42/48 | €3,133 | €2,422 | -€711 | -22.7% |
| Financial debts | 43 | €14 | - | -€14 | |
| Credit institutions | 430/8 | €14 | - | -€14 | |
| Trade debts | 44 | €2,595 | €2,422 | -€173 | -6.7% |
| Suppliers | 440/4 | €2,595 | €2,422 | -€173 | -6.7% |
| Other amounts payable | 47/48 | €524 | - | -€524 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €640 | - | -€640 | |
| Other operating charges | 640/8 | €2,024 | €1,285 | -€739 | -36.5% |
| Gross operating margin | 9900 | €3,024 | -€25,096 | -€28,120 | |
| Operating profit (loss) | 9901 | €360 | -€26,381 | -€26,741 | |
| Financial income | 75/76B | €43 | - | -€43 | |
| Recurring financial income | 75 | €43 | - | -€43 | |
| Financial charges | 65/66B | €210 | €212 | +€2 | +1.0% |
| Recurring financial charges | 65 | €210 | €212 | +€2 | +1.0% |
| Profit (loss) for the period before taxes | 9903 | €193 | -€26,593 | -€26,786 | |
| Income taxes | 67/77 | €13 | -€72 | -€85 | |
| Profit (loss) for the period | 9904 | €180 | -€26,521 | -€26,701 | |
| Profit (loss) for the period to be appropriated | 9905 | €180 | -€26,521 | -€26,701 |
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.