HENRION BERTRIX SA: 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.
HENRION BERTRIX SA
Largest movements
- Cash +€227,817
up €227,817 (+24.0%), from €947,678 to €1.2m
mainly Net result for the year (+€165,310) and Debts after one year (+€115,741)
- Stocks and contracts -€61,348
down €61,348 (-14.8%), from €415,777 to €354,429
- Receivables within one year -€50,880
down €50,880 (-34.8%), from €146,195 to €95,315
of which Other amounts receivable: -€28,449
- Trade debts -€199,048
no longer reported in 2025 (was €199,048)
- Reserves +€165,310
up €165,310 (+25.6%), from €646,465 to €811,775
of which Distributable reserves: +€165,310
- Debts after one year +€115,741
up €115,741 (+35.0%), from €331,147 to €446,888
of which Trade debts: +€176,345
- Gross operating margin +€97,132
up €97,132 (+34.8%), from €279,009 to €376,141
- Staff costs +€24,143
up €24,143 (+28.1%), from €85,810 to €109,953
- Taxes -€22,489
down €22,489 (-33.1%), from €67,995 to €45,506
- Depreciation +€13,174
up €13,174 (+31.2%), from €42,198 to €55,372
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 | €1,796,704 | €1,903,216 | +€106,512 | +5.9% |
| Fixed assets | 21/28 | €287,054 | €269,091 | -€17,963 | -6.3% |
| Tangible fixed assets | 22/27 | €286,804 | €268,841 | -€17,963 | -6.3% |
| Land and buildings | 22 | €12,424 | €268,841 | +€256,417 | +2063.9% |
| Other tangible fixed assets | 26 | €274,380 | - | -€274,380 | |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €1,509,650 | €1,634,125 | +€124,475 | +8.2% |
| Stocks and contracts in progress | 3 | €415,777 | €354,429 | -€61,348 | -14.8% |
| Stocks | 30/36 | €415,777 | €354,429 | -€61,348 | -14.8% |
| Amounts receivable within one year | 40/41 | €146,195 | €95,315 | -€50,880 | -34.8% |
| Trade receivables | 40 | €117,661 | €95,230 | -€22,431 | -19.1% |
| Other amounts receivable | 41 | €28,534 | €85 | -€28,449 | -99.7% |
| Cash at bank and in hand | 54/58 | €947,678 | €1,175,495 | +€227,817 | +24.0% |
| Deferred charges and accrued income | 490/1 | - | €8,886 | +€8,886 | |
| Total equity and liabilities | 10/49 | €1,796,704 | €1,903,216 | +€106,512 | +5.9% |
| Equity | 10/15 | €1,248,448 | €1,413,759 | +€165,311 | +13.2% |
| Contributions | 10/11 | €75,573 | €75,574 | +€1 | 0.0% |
| Capital | 10 | €75,573 | €75,574 | +€1 | 0.0% |
| Issued capital | 100 | €75,573 | €75,574 | +€1 | 0.0% |
| Reserves | 13 | €646,465 | €811,775 | +€165,310 | +25.6% |
| Non-distributable reserves | 130/1 | €17,874 | €17,874 | = | 0.0% |
| Legal reserve | 130 | €17,874 | €17,874 | = | 0.0% |
| Tax-exempt reserves | 132 | €150,000 | €150,000 | = | 0.0% |
| Distributable reserves | 133 | €478,591 | €643,901 | +€165,310 | +34.5% |
| Profit (loss) carried forward | 14 | €526,410 | €526,410 | = | 0.0% |
| Provisions and deferred taxes | 16 | €6,167 | €8,081 | +€1,914 | +31.0% |
| Provisions for liabilities and charges | 160/5 | €6,167 | €8,081 | +€1,914 | +31.0% |
| Taxes | 161 | - | €8,081 | +€8,081 | |
| Other liabilities and charges | 164/5 | €6,167 | - | -€6,167 | |
| Amounts payable | 17/49 | €542,089 | €481,376 | -€60,713 | -11.2% |
| Amounts payable after more than one year | 17 | €331,147 | €446,888 | +€115,741 | +35.0% |
| Financial debts | 170/4 | €185,000 | €155,000 | -€30,000 | -16.2% |
| Trade debts | 175 | - | €176,345 | +€176,345 | |
| Other amounts payable | 178/9 | €146,147 | €115,543 | -€30,604 | -20.9% |
| Amounts payable within one year | 42/48 | €199,647 | €6,577 | -€193,070 | -96.7% |
| Trade debts | 44 | €199,048 | - | -€199,048 | |
| Suppliers | 440/4 | €199,048 | - | -€199,048 | |
| Taxes, remuneration and social security | 45 | €599 | €6,577 | +€5,978 | +998.0% |
| Taxes | 450/3 | €599 | €6,577 | +€5,978 | +998.0% |
| Accrued charges and deferred income | 492/3 | €11,295 | €27,911 | +€16,616 | +147.1% |
| Remuneration, social security and pensions | 62 | €85,810 | €109,953 | +€24,143 | +28.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,198 | €55,372 | +€13,174 | +31.2% |
| Non-recurring operating charges | 66A | €14,281 | - | -€14,281 | |
| Gross operating margin | 9900 | €279,009 | €376,141 | +€97,132 | +34.8% |
| Operating profit (loss) | 9901 | €136,720 | €210,816 | +€74,096 | +54.2% |
| Profit (loss) for the period before taxes | 9903 | €136,720 | €210,816 | +€74,096 | +54.2% |
| Income taxes | 67/77 | €67,995 | €45,506 | -€22,489 | -33.1% |
| Profit (loss) for the period | 9904 | €68,725 | €165,310 | +€96,585 | +140.5% |
| Profit (loss) for the period to be appropriated | 9905 | €68,725 | €165,310 | +€96,585 | +140.5% |
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 9 October 2026 via checked.be.