Henry Disotuar: 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.
Henry Disotuar
Largest movements
- Current investments -€80,000
no longer reported in 2025 (was €80,000)
- Receivables within one year +€54,480
up €54,480 (+3,090%), from €1,763 to €56,243
of which Trade receivables: +€55,533
- Cash -€26,012
down €26,012 (-75.3%), from €34,527 to €8,515
mainly Contributions, distributions and other (-€129,870) and Receivables within one year (-€54,480)
- Reserves -€87,491
down €87,491 (-100.0%), from €87,509 to €18
- Other debts +€38,911
up €38,911 (+433%), from €8,988 to €47,899
- Tax, wage and social debts -€4,221
down €4,221 (-24.6%), from €17,136 to €12,916
of which Taxes: -€4,169
- Gross operating margin +€19,002
up €19,002 (+47.5%), from €39,973 to €58,975
- Taxes +€4,724
up €4,724 (+43.7%), from €10,810 to €15,534
- Financial income +€938
up €938 (+4,691,450%), from €0 to €938
- Financial charges -€915
down €915 (-94.2%), from €971 to €56
- Other operating charges +€844
up €844 (+160%), from €528 to €1,371
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 | €117,233 | €65,130 | -€52,104 | -44.4% |
| Fixed assets | 21/28 | €943 | €371 | -€572 | -60.6% |
| Tangible fixed assets | 22/27 | €943 | €371 | -€572 | -60.6% |
| Furniture and vehicles | 24 | €943 | €371 | -€572 | -60.6% |
| Current assets | 29/58 | €116,290 | €64,758 | -€51,532 | -44.3% |
| Amounts receivable within one year | 40/41 | €1,763 | €56,243 | +€54,480 | +3,090% |
| Trade receivables | 40 | €561 | €56,094 | +€55,533 | +9,899% |
| Other amounts receivable | 41 | €1,202 | €149 | -€1,053 | -87.6% |
| Current investments | 50/53 | €80,000 | - | -€80,000 | |
| Cash at bank and in hand | 54/58 | €34,527 | €8,515 | -€26,012 | -75.3% |
| Total equity and liabilities | 10/49 | €117,233 | €65,130 | -€52,104 | -44.4% |
| Equity | 10/15 | €90,009 | €2,518 | -€87,491 | -97.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €87,509 | €18 | -€87,491 | -100.0% |
| Distributable reserves | 133 | €87,509 | €18 | -€87,491 | -100.0% |
| Amounts payable | 17/49 | €27,225 | €62,611 | +€35,387 | +130% |
| Amounts payable within one year | 42/48 | €27,225 | €61,963 | +€34,739 | +128% |
| Trade debts | 44 | €1,101 | €1,148 | +€48 | +4.3% |
| Suppliers | 440/4 | €1,101 | €1,148 | +€48 | +4.3% |
| Taxes, remuneration and social security | 45 | €17,136 | €12,916 | -€4,221 | -24.6% |
| Taxes | 450/3 | €17,085 | €12,916 | -€4,169 | -24.4% |
| Remuneration and social security | 454/9 | €51 | - | -€51 | |
| Other amounts payable | 47/48 | €8,988 | €47,899 | +€38,911 | +433% |
| Accrued charges and deferred income | 492/3 | - | €648 | +€648 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,202 | €572 | -€630 | -52.4% |
| Other operating charges | 640/8 | €528 | €1,371 | +€844 | +160% |
| Gross operating margin | 9900 | €39,973 | €58,975 | +€19,002 | +47.5% |
| Operating profit (loss) | 9901 | €38,243 | €57,031 | +€18,788 | +49.1% |
| Financial income | 75/76B | €0 | €938 | +€938 | +4,691,450% |
| Recurring financial income | 75 | €0 | €938 | +€938 | +4,691,450% |
| Financial charges | 65/66B | €971 | €56 | -€915 | -94.2% |
| Recurring financial charges | 65 | €971 | €56 | -€915 | -94.2% |
| Profit (loss) for the period before taxes | 9903 | €37,273 | €57,914 | +€20,641 | +55.4% |
| Income taxes | 67/77 | €10,810 | €15,534 | +€4,724 | +43.7% |
| Profit (loss) for the period | 9904 | €26,463 | €42,379 | +€15,917 | +60.1% |
| Profit (loss) for the period to be appropriated | 9905 | €26,463 | €42,379 | +€15,917 | +60.1% |
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 29 October 2026 via checked.be.