HENRI'S CLASSICS: 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.
What changed
HENRI'S CLASSICS
NACE 47.811, Retail sale of cars and light vans (up to 3.5 tonnes)
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€70,137
2024 · €78,603-€8,466
Equity
€367,997
2024 · €345,987+€22,010
Cash
€58,027
2024 · €64,871-€6,844
Balance sheet total
€2.6m
2024 · €2.3m+€395,525
Largest movements
Assets
- Receivables within one year +€328,904
up €328,904 (+63.4%), from €518,470 to €847,374
of which Trade receivables: +€337,431
- Tangible fixed assets +€84,259
up €84,259 (+14.8%), from €567,882 to €652,141
- Receivables after one year -€40,000
down €40,000 (-100%), from €40,000 to €0
- Stocks and contracts +€32,364
up €32,364 (+3.1%), from €1.0m to €1.1m
Equity and liabilities
- Trade debts +€275,641
up €275,641 (+27.3%), from €1.0m to €1.3m
- Other debts +€88,324
up €88,324 (+82.6%), from €106,978 to €195,302
- Debts after one year +€32,386
up €32,386 (+7.7%), from €422,939 to €455,325
Income statement
- Taxes +€25,562
up €25,562 (+51.9%), from €49,208 to €74,769
- Other operating charges +€16,911
up €16,911 (+187%), from €9,047 to €25,958
- Gross operating margin +€12,457
up €12,457 (+5.1%), from €242,612 to €255,069
- Financial charges -€12,408
down €12,408 (-19.9%), from €62,200 to €49,792
- Financial income +€9,222
up €9,222 (+74.9%), from €12,312 to €21,534
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.
Result 2024
€78,603
Gross operating margin
+€12,457
Depreciation
-€81
Other operating charges
-€16,911
Financial income
+€9,222
Financial charges
+€12,408
Taxes
-€25,562
Result 2025
€70,137
raises the resultlowers the result
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.
From operations
+€162,299
Investment
-€140,205
Financing
-€28,939
Cash 2024
€64,871
From operations (derived)
+€162,299
Net result for the year
+€70,137
Depreciation
+€55,946
Receivables after one year
+€40,000
Stocks and contracts
-€32,364
Receivables within one year
-€328,904
Deferred charges and accrued income
+€3,157
Trade debts
+€275,641
Tax, wage and social debts
+€2,247
Advances received
-€11,210
Other debts
+€88,324
Accrued charges and deferred income
-€675
Investment (derived)
-€140,205
Investment in fixed assets (net)
-€140,205
Financing
-€28,939
Debts after one year
+€32,386
Current portion of long-term debt
-€13,197
Contributions, distributions and other
-€48,128
Cash 2025
€58,027
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,252,514 | €2,648,039 | +€395,525 | +17.6% |
| Fixed assets | 21/28 | €569,007 | €653,266 | +€84,259 | +14.8% |
| Tangible fixed assets | 22/27 | €567,882 | €652,141 | +€84,259 | +14.8% |
| Land and buildings | 22 | €495,365 | €527,953 | +€32,588 | +6.6% |
| Plant, machinery and equipment | 23 | €49,314 | €68,822 | +€19,507 | +39.6% |
| Furniture and vehicles | 24 | €10,386 | €6,934 | -€3,452 | -33.2% |
| Leasing and similar rights | 25 | €12,817 | €48,432 | +€35,616 | +278% |
| Financial fixed assets | 28 | €1,125 | €1,125 | = | 0.0% |
| Current assets | 29/58 | €1,683,507 | €1,994,774 | +€311,266 | +18.5% |
| Amounts receivable after more than one year | 29 | €40,000 | €0 | -€40,000 | -100% |
| Other amounts receivable | 291 | €40,000 | €0 | -€40,000 | -100% |
| Stocks and contracts in progress | 3 | €1,048,292 | €1,080,656 | +€32,364 | +3.1% |
| Stocks | 30/36 | €1,048,292 | €1,080,656 | +€32,364 | +3.1% |
| Amounts receivable within one year | 40/41 | €518,470 | €847,374 | +€328,904 | +63.4% |
| Trade receivables | 40 | €508,163 | €845,594 | +€337,431 | +66.4% |
| Other amounts receivable | 41 | €10,307 | €1,780 | -€8,527 | -82.7% |
| Cash at bank and in hand | 54/58 | €64,871 | €58,027 | -€6,844 | -10.6% |
| Deferred charges and accrued income | 490/1 | €11,874 | €8,717 | -€3,157 | -26.6% |
| Total equity and liabilities | 10/49 | €2,252,514 | €2,648,039 | +€395,525 | +17.6% |
| Equity | 10/15 | €345,987 | €367,997 | +€22,010 | +6.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €339,787 | €361,797 | +€22,010 | +6.5% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €339,787 | €361,797 | +€22,010 | +6.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €1,906,527 | €2,280,043 | +€373,515 | +19.6% |
| Amounts payable after more than one year | 17 | €422,939 | €455,325 | +€32,386 | +7.7% |
| Financial debts | 170/4 | €422,939 | €455,325 | +€32,386 | +7.7% |
| Amounts payable within one year | 42/48 | €1,482,913 | €1,824,718 | +€341,805 | +23.0% |
| Current portion of amounts payable after more than one year | 42 | €202,022 | €188,826 | -€13,197 | -6.5% |
| Trade debts | 44 | €1,009,293 | €1,284,934 | +€275,641 | +27.3% |
| Suppliers | 440/4 | €1,009,293 | €1,284,934 | +€275,641 | +27.3% |
| Advances received on contracts in progress | 46 | €11,210 | €0 | -€11,210 | -100% |
| Taxes, remuneration and social security | 45 | €153,409 | €155,656 | +€2,247 | +1.5% |
| Taxes | 450/3 | €153,409 | €155,656 | +€2,247 | +1.5% |
| Other amounts payable | 47/48 | €106,978 | €195,302 | +€88,324 | +82.6% |
| Accrued charges and deferred income | 492/3 | €675 | €0 | -€675 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,865 | €55,946 | +€81 | +0.1% |
| Other operating charges | 640/8 | €9,047 | €25,958 | +€16,911 | +187% |
| Gross operating margin | 9900 | €242,612 | €255,069 | +€12,457 | +5.1% |
| Operating profit (loss) | 9901 | €177,700 | €173,165 | -€4,535 | -2.6% |
| Financial income | 75/76B | €12,312 | €21,534 | +€9,222 | +74.9% |
| Recurring financial income | 75 | €12,312 | €21,534 | +€9,222 | +74.9% |
| Financial charges | 65/66B | €62,200 | €49,792 | -€12,408 | -19.9% |
| Recurring financial charges | 65 | €62,200 | €49,792 | -€12,408 | -19.9% |
| Profit (loss) for the period before taxes | 9903 | €127,811 | €144,907 | +€17,096 | +13.4% |
| Income taxes | 67/77 | €49,208 | €74,769 | +€25,562 | +51.9% |
| Profit (loss) for the period | 9904 | €78,603 | €70,137 | -€8,466 | -10.8% |
| Profit (loss) for the period to be appropriated | 9905 | €78,603 | €70,137 | -€8,466 | -10.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.