HENRY'S: 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'S
Largest movements
- Tangible fixed assets -€3,663
down €3,663 (-38.1%), from €9,609 to €5,946
of which Furniture and vehicles: -€3,663
- Cash -€1,943
down €1,943 (-72.9%), from €2,664 to €721
mainly Debts after one year (-€3,207) and Net result for the year (-€3,126)
- Debts after one year -€3,207
down €3,207 (-59.2%), from €5,418 to €2,211
- Profit (loss) carried forward -€3,126
down €3,126 (-58.7%), from -€5,323 to -€8,449
- Tax, wage and social debts +€1,000
up €1,000, from €0 to €1,000
of which Remuneration and social security: +€1,000
- Trade debts -€207
down €207 (-35.6%), from €581 to €374
- Gross operating margin -€5,692
down €5,692 (-64.6%), from €8,806 to €3,114
- Depreciation +€2,282
up €2,282 (+165.2%), from €1,381 to €3,663
- Other operating charges -€202
down €202 (-27.7%), from €729 to €527
- Staff costs +€169
up €169 (+11.2%), from €1,513 to €1,682
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 | €14,612 | €9,061 | -€5,551 | -38.0% |
| Fixed assets | 21/28 | €9,659 | €5,996 | -€3,663 | -37.9% |
| Tangible fixed assets | 22/27 | €9,609 | €5,946 | -€3,663 | -38.1% |
| Land and buildings | 22 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €9,609 | €5,946 | -€3,663 | -38.1% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €4,953 | €3,065 | -€1,888 | -38.1% |
| Amounts receivable within one year | 40/41 | €2,289 | €2,344 | +€55 | +2.4% |
| Trade receivables | 40 | €1,453 | €1,972 | +€519 | +35.7% |
| Other amounts receivable | 41 | €836 | €373 | -€463 | -55.4% |
| Cash at bank and in hand | 54/58 | €2,664 | €721 | -€1,943 | -72.9% |
| Total equity and liabilities | 10/49 | €14,612 | €9,061 | -€5,551 | -38.0% |
| Equity | 10/15 | €877 | -€2,249 | -€3,126 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,323 | -€8,449 | -€3,126 | -58.7% |
| Amounts payable | 17/49 | €13,734 | €11,310 | -€2,425 | -17.7% |
| Amounts payable after more than one year | 17 | €5,418 | €2,211 | -€3,207 | -59.2% |
| Financial debts | 170/4 | €5,418 | €2,211 | -€3,207 | -59.2% |
| Amounts payable within one year | 42/48 | €8,317 | €9,099 | +€783 | +9.4% |
| Current portion of amounts payable after more than one year | 42 | €3,082 | €3,207 | +€126 | +4.1% |
| Trade debts | 44 | €581 | €374 | -€207 | -35.6% |
| Suppliers | 440/4 | €581 | €374 | -€207 | -35.6% |
| Taxes, remuneration and social security | 45 | €0 | €1,000 | +€1,000 | |
| Taxes | 450/3 | €0 | €0 | = | |
| Remuneration and social security | 454/9 | €0 | €1,000 | +€1,000 | |
| Other amounts payable | 47/48 | €4,654 | €4,518 | -€136 | -2.9% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €1,513 | €1,682 | +€169 | +11.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,381 | €3,663 | +€2,282 | +165.2% |
| Other operating charges | 640/8 | €729 | €527 | -€202 | -27.7% |
| Gross operating margin | 9900 | €8,806 | €3,114 | -€5,692 | -64.6% |
| Operating profit (loss) | 9901 | €5,183 | -€2,758 | -€7,941 | |
| Financial income | 75/76B | €1 | €0 | -€1 | -67.4% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -67.4% |
| Financial charges | 65/66B | €313 | €368 | +€55 | +17.7% |
| Recurring financial charges | 65 | €313 | €368 | +€55 | +17.7% |
| Profit (loss) for the period before taxes | 9903 | €4,871 | -€3,126 | -€7,997 | |
| Income taxes | 67/77 | €0 | €0 | = | |
| Profit (loss) for the period | 9904 | €4,871 | -€3,126 | -€7,997 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,871 | -€3,126 | -€7,997 |
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 10 October 2026 via checked.be.