4Helice: 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.
4Helice
Largest movements
- Cash +€53,291
up €53,291 (+195%), from €27,278 to €80,569
mainly Receivables within one year (+€50,471) and Net result for the year (+€32,849)
- Receivables within one year -€50,471
down €50,471 (-81.1%), from €62,253 to €11,782
of which Trade receivables: -€46,619
- Tangible fixed assets -€2,198
down €2,198 (-29.0%), from €7,583 to €5,385
of which Other tangible fixed assets: -€2,429
- Tax, wage and social debts -€4,035
down €4,035 (-24.3%), from €16,629 to €12,594
of which Taxes: -€4,035
- Trade debts +€2,683
up €2,683 (+329%), from €815 to €3,498
- Accrued charges and deferred income +€2,100
new in 2025: €2,100
- Gross operating margin +€3,046
up €3,046 (+6.6%), from €46,336 to €49,382
- Taxes +€2,901
up €2,901 (+33.5%), from €8,661 to €11,562
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 | €97,874 | €98,452 | +€579 | +0.6% |
| Fixed assets | 21/28 | €7,583 | €5,385 | -€2,198 | -29.0% |
| Tangible fixed assets | 22/27 | €7,583 | €5,385 | -€2,198 | -29.0% |
| Plant, machinery and equipment | 23 | €1,453 | €996 | -€457 | -31.4% |
| Furniture and vehicles | 24 | €171 | €860 | +€689 | +402% |
| Other tangible fixed assets | 26 | €5,958 | €3,529 | -€2,429 | -40.8% |
| Current assets | 29/58 | €90,291 | €93,067 | +€2,776 | +3.1% |
| Amounts receivable within one year | 40/41 | €62,253 | €11,782 | -€50,471 | -81.1% |
| Trade receivables | 40 | €58,400 | €11,782 | -€46,619 | -79.8% |
| Other amounts receivable | 41 | €3,853 | - | -€3,853 | |
| Cash at bank and in hand | 54/58 | €27,278 | €80,569 | +€53,291 | +195% |
| Deferred charges and accrued income | 490/1 | €760 | €717 | -€43 | -5.7% |
| Total equity and liabilities | 10/49 | €97,874 | €98,452 | +€579 | +0.6% |
| Equity | 10/15 | €47,294 | €47,294 | = | 0.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €42,294 | €42,294 | = | 0.0% |
| Distributable reserves | 133 | €42,294 | €42,294 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €50,580 | €51,159 | +€579 | +1.1% |
| Amounts payable within one year | 42/48 | €50,580 | €49,059 | -€1,521 | -3.0% |
| Trade debts | 44 | €815 | €3,498 | +€2,683 | +329% |
| Suppliers | 440/4 | €815 | €3,498 | +€2,683 | +329% |
| Taxes, remuneration and social security | 45 | €16,629 | €12,594 | -€4,035 | -24.3% |
| Taxes | 450/3 | €14,629 | €10,594 | -€4,035 | -27.6% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €33,137 | €32,967 | -€170 | -0.5% |
| Accrued charges and deferred income | 492/3 | - | €2,100 | +€2,100 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,486 | €3,484 | -€2 | -0.1% |
| Other operating charges | 640/8 | €722 | €924 | +€201 | +27.9% |
| Gross operating margin | 9900 | €46,336 | €49,382 | +€3,046 | +6.6% |
| Operating profit (loss) | 9901 | €42,128 | €44,974 | +€2,847 | +6.8% |
| Financial income | 75/76B | €148 | €1 | -€148 | -99.5% |
| Recurring financial income | 75 | €148 | €1 | -€148 | -99.5% |
| Financial charges | 65/66B | €478 | €564 | +€86 | +17.9% |
| Recurring financial charges | 65 | €478 | €564 | +€86 | +17.9% |
| Profit (loss) for the period before taxes | 9903 | €41,798 | €44,411 | +€2,613 | +6.3% |
| Income taxes | 67/77 | €8,661 | €11,562 | +€2,901 | +33.5% |
| Profit (loss) for the period | 9904 | €33,137 | €32,849 | -€288 | -0.9% |
| Profit (loss) for the period to be appropriated | 9905 | €33,137 | €32,849 | -€288 | -0.9% |
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 26 October 2026 via checked.be.