HENROO: 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.
HENROO
Largest movements
- Current investments -€190,000
down €190,000 (-100.0%), from €190,000 to €0
- Cash +€148,382
up €148,382 (+137.4%), from €107,985 to €256,367
mainly Current investments (+€190,000) and Net result for the year (+€81,076)
- Tangible fixed assets -€17,043
down €17,043 (-3.3%), from €509,673 to €492,630
of which Land and buildings: -€15,167
- Debts after one year -€75,230
down €75,230 (-29.6%), from €253,730 to €178,500
of which Other amounts payable: -€49,730
- Reserves +€15,404
up €15,404 (+3.6%), from €431,784 to €447,188
- Financial income -€8,037
down €8,037 (-70.9%), from €11,337 to €3,300
- Financial charges -€6,913
down €6,913 (-45.4%), from €15,217 to €8,304
- Gross operating margin -€1,441
down €1,441 (-1.0%), from €143,343 to €141,902
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 | €814,583 | €756,343 | -€58,240 | -7.1% |
| Fixed assets | 21/28 | €509,673 | €492,630 | -€17,043 | -3.3% |
| Tangible fixed assets | 22/27 | €509,673 | €492,630 | -€17,043 | -3.3% |
| Land and buildings | 22 | €504,344 | €489,177 | -€15,167 | -3.0% |
| Furniture and vehicles | 24 | €5,329 | €3,452 | -€1,877 | -35.2% |
| Current assets | 29/58 | €304,910 | €263,713 | -€41,197 | -13.5% |
| Amounts receivable within one year | 40/41 | €6,924 | €6,407 | -€518 | -7.5% |
| Trade receivables | 40 | €3,517 | €4,161 | +€644 | +18.3% |
| Other amounts receivable | 41 | €3,407 | €2,246 | -€1,161 | -34.1% |
| Current investments | 50/53 | €190,000 | €0 | -€190,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €107,985 | €256,367 | +€148,382 | +137.4% |
| Deferred charges and accrued income | 490/1 | - | €939 | +€939 | |
| Total equity and liabilities | 10/49 | €814,583 | €756,343 | -€58,240 | -7.1% |
| Equity | 10/15 | €506,784 | €522,188 | +€15,404 | +3.0% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €431,784 | €447,188 | +€15,404 | +3.6% |
| Distributable reserves | 133 | €431,784 | €447,188 | +€15,404 | +3.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €307,799 | €234,155 | -€73,644 | -23.9% |
| Amounts payable after more than one year | 17 | €253,730 | €178,500 | -€75,230 | -29.6% |
| Financial debts | 170/4 | €204,000 | €178,500 | -€25,500 | -12.5% |
| Other amounts payable | 178/9 | €49,730 | €0 | -€49,730 | -100.0% |
| Amounts payable within one year | 42/48 | €54,068 | €55,655 | +€1,586 | +2.9% |
| Current portion of amounts payable after more than one year | 42 | €25,500 | €25,500 | = | 0.0% |
| Trade debts | 44 | €3,294 | €7,018 | +€3,724 | +113.0% |
| Suppliers | 440/4 | €3,294 | €7,018 | +€3,724 | +113.0% |
| Taxes, remuneration and social security | 45 | €10,274 | €8,137 | -€2,137 | -20.8% |
| Taxes | 450/3 | €10,274 | €8,137 | -€2,137 | -20.8% |
| Other amounts payable | 47/48 | €15,000 | €15,000 | = | 0.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,066 | €17,043 | -€22 | -0.1% |
| Other operating charges | 640/8 | €4,218 | €5,101 | +€883 | +20.9% |
| Gross operating margin | 9900 | €143,343 | €141,902 | -€1,441 | -1.0% |
| Operating profit (loss) | 9901 | €122,059 | €119,757 | -€2,302 | -1.9% |
| Financial income | 75/76B | €11,337 | €3,300 | -€8,037 | -70.9% |
| Recurring financial income | 75 | €11,337 | €3,300 | -€8,037 | -70.9% |
| Financial charges | 65/66B | €15,217 | €8,304 | -€6,913 | -45.4% |
| Recurring financial charges | 65 | €15,217 | €8,304 | -€6,913 | -45.4% |
| Profit (loss) for the period before taxes | 9903 | €118,179 | €114,753 | -€3,426 | -2.9% |
| Income taxes | 67/77 | €33,942 | €33,678 | -€264 | -0.8% |
| Profit (loss) for the period | 9904 | €84,238 | €81,076 | -€3,162 | -3.8% |
| Profit (loss) for the period to be appropriated | 9905 | €84,238 | €81,076 | -€3,162 | -3.8% |
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 5 October 2026 via checked.be.