HENRI: 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.
HENRI
Largest movements
- Receivables within one year +€4,187
up €4,187 (+4.3%), from €97,795 to €101,982
of which Other amounts receivable: +€4,187
- Cash -€1,783
down €1,783 (-69.2%), from €2,577 to €794
mainly Net result for the year (-€8,501) and Receivables within one year (-€4,187)
- Other debts +€13,438
up €13,438 (+54.8%), from €24,500 to €37,938
- Profit (loss) carried forward -€8,501
down €8,501 (-28.0%), from -€30,328 to -€38,829
- Trade debts -€2,099
down €2,099 (-48.1%), from €4,362 to €2,263
- Gross operating margin +€5,575
up €5,575 (+45.7%), from -€12,192 to -€6,617
- Financial charges +€3,674
up €3,674 (+211.8%), from €1,735 to €5,408
- Financial income +€2,389
up €2,389 (+90.5%), from €2,640 to €5,028
- Other operating charges +€509
up €509 (+87.7%), from €580 to €1,089
- Depreciation -€153
down €153 (-26.9%), from €568 to €415
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 | €101,017 | €103,006 | +€1,989 | +2.0% |
| Fixed assets | 21/28 | €646 | €231 | -€415 | -64.3% |
| Tangible fixed assets | 22/27 | €646 | €231 | -€415 | -64.3% |
| Plant, machinery and equipment | 23 | €646 | €231 | -€415 | -64.3% |
| Current assets | 29/58 | €100,371 | €102,775 | +€2,404 | +2.4% |
| Amounts receivable within one year | 40/41 | €97,795 | €101,982 | +€4,187 | +4.3% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €97,795 | €101,982 | +€4,187 | +4.3% |
| Cash at bank and in hand | 54/58 | €2,577 | €794 | -€1,783 | -69.2% |
| Total equity and liabilities | 10/49 | €101,017 | €103,006 | +€1,989 | +2.0% |
| Equity | 10/15 | €66,650 | €58,148 | -€8,501 | -12.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €90,777 | €90,777 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100.0% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100.0% |
| Distributable reserves | 133 | €88,917 | €90,777 | +€1,860 | +2.1% |
| Profit (loss) carried forward | 14 | -€30,328 | -€38,829 | -€8,501 | -28.0% |
| Amounts payable | 17/49 | €34,367 | €44,858 | +€10,490 | +30.5% |
| Amounts payable within one year | 42/48 | €34,367 | €44,858 | +€10,490 | +30.5% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €5,505 | €4,657 | -€848 | -15.4% |
| Credit institutions | 430/8 | €5,505 | €4,657 | -€848 | -15.4% |
| Trade debts | 44 | €4,362 | €2,263 | -€2,099 | -48.1% |
| Suppliers | 440/4 | €4,362 | €2,263 | -€2,099 | -48.1% |
| Other amounts payable | 47/48 | €24,500 | €37,938 | +€13,438 | +54.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €568 | €415 | -€153 | -26.9% |
| Other operating charges | 640/8 | €580 | €1,089 | +€509 | +87.7% |
| Gross operating margin | 9900 | -€12,192 | -€6,617 | +€5,575 | +45.7% |
| Operating profit (loss) | 9901 | -€13,340 | -€8,121 | +€5,219 | +39.1% |
| Financial income | 75/76B | €2,640 | €5,028 | +€2,389 | +90.5% |
| Recurring financial income | 75 | €2,640 | €5,028 | +€2,389 | +90.5% |
| Financial charges | 65/66B | €1,735 | €5,408 | +€3,674 | +211.8% |
| Recurring financial charges | 65 | €1,735 | €5,408 | +€3,674 | +211.8% |
| Profit (loss) for the period before taxes | 9903 | -€12,435 | -€8,501 | +€3,934 | +31.6% |
| Profit (loss) for the period | 9904 | -€12,435 | -€8,501 | +€3,934 | +31.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,435 | -€8,501 | +€3,934 | +31.6% |
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 6 October 2026 via checked.be.