HENRY GROUP: 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.
HENRY GROUP
Largest movements
- Cash -€15,784
down €15,784 (-49.8%), from €31,717 to €15,933
mainly Net result for the year (-€18,168) and Tax, wage and social debts (-€5,828)
- Receivables within one year +€3,405
up €3,405 (+52.4%), from €6,497 to €9,902
of which Other amounts receivable: +€3,405
- Tangible fixed assets -€2,990
down €2,990 (-46.3%), from €6,451 to €3,462
- Profit (loss) carried forward -€18,168
new in 2025: -€18,168
- Trade debts +€8,627
up €8,627 (+2323.9%), from €371 to €8,999
- Tax, wage and social debts -€5,828
down €5,828 (-94.1%), from €6,191 to €363
- Gross operating margin -€41,628
down €41,628, from €28,006 to -€13,622
- Taxes -€5,828
down €5,828 (-94.1%), from €6,191 to €363
- Depreciation -€1,211
down €1,211 (-28.8%), from €4,201 to €2,990
- Financial income +€310
new in 2025: €310
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 | €44,665 | €29,296 | -€15,369 | -34.4% |
| Fixed assets | 21/28 | €6,451 | €3,462 | -€2,990 | -46.3% |
| Tangible fixed assets | 22/27 | €6,451 | €3,462 | -€2,990 | -46.3% |
| Furniture and vehicles | 24 | €6,451 | €3,462 | -€2,990 | -46.3% |
| Current assets | 29/58 | €38,213 | €25,834 | -€12,379 | -32.4% |
| Amounts receivable within one year | 40/41 | €6,497 | €9,902 | +€3,405 | +52.4% |
| Trade receivables | 40 | €3,509 | €3,509 | = | 0.0% |
| Other amounts receivable | 41 | €2,988 | €6,393 | +€3,405 | +114.0% |
| Cash at bank and in hand | 54/58 | €31,717 | €15,933 | -€15,784 | -49.8% |
| Total equity and liabilities | 10/49 | €44,665 | €29,296 | -€15,369 | -34.4% |
| Equity | 10/15 | €38,102 | €19,934 | -€18,168 | -47.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €37,102 | €37,102 | = | 0.0% |
| Distributable reserves | 133 | €37,102 | €37,102 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€18,168 | -€18,168 | |
| Amounts payable | 17/49 | €6,562 | €9,362 | +€2,799 | +42.7% |
| Amounts payable within one year | 42/48 | €6,562 | €9,362 | +€2,799 | +42.7% |
| Trade debts | 44 | €371 | €8,999 | +€8,627 | +2323.9% |
| Suppliers | 440/4 | €371 | €8,999 | +€8,627 | +2323.9% |
| Taxes, remuneration and social security | 45 | €6,191 | €363 | -€5,828 | -94.1% |
| Taxes | 450/3 | €6,191 | €363 | -€5,828 | -94.1% |
| Non-recurring operating income | 76A | - | €433 | +€433 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,201 | €2,990 | -€1,211 | -28.8% |
| Other operating charges | 640/8 | €1,421 | €1,206 | -€215 | -15.1% |
| Gross operating margin | 9900 | €28,006 | -€13,622 | -€41,628 | |
| Operating profit (loss) | 9901 | €22,385 | -€17,818 | -€40,203 | |
| Financial income | 75/76B | - | €310 | +€310 | |
| Recurring financial income | 75 | - | €310 | +€310 | |
| Financial charges | 65/66B | €267 | €297 | +€31 | +11.5% |
| Recurring financial charges | 65 | €267 | €297 | +€31 | +11.5% |
| Profit (loss) for the period before taxes | 9903 | €22,118 | -€17,805 | -€39,923 | |
| Income taxes | 67/77 | €6,191 | €363 | -€5,828 | -94.1% |
| Profit (loss) for the period | 9904 | €15,927 | -€18,168 | -€34,095 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,927 | -€18,168 | -€34,095 |
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 7 October 2026 via checked.be.