ARCHITECT HELFENSTEYN: 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.
ARCHITECT HELFENSTEYN
Largest movements
- Tangible fixed assets +€69,125
up €69,125 (+702%), from €9,843 to €78,969
of which Furniture and vehicles: +€71,821
- Current investments +€18,780
up €18,780 (+18.4%), from €102,030 to €120,810
- Cash -€14,499
down €14,499 (-12.6%), from €114,648 to €100,148
mainly Investment in fixed assets (net) (-€75,721) and Contributions, distributions and other (-€33,694)
- Debts after one year +€39,835
new in 2025: €39,835
- Reserves +€15,504
up €15,504 (+7.0%), from €221,996 to €237,500
- Current portion of long-term debt +€9,398
new in 2025: €9,398
- Tax, wage and social debts +€5,870
up €5,870 (+130%), from €4,512 to €10,382
- Gross operating margin +€41,897
up €41,897 (+132%), from €31,756 to €73,653
- Taxes +€10,730
up €10,730 (+142%), from €7,551 to €18,281
- Depreciation +€1,481
up €1,481 (+28.9%), from €5,115 to €6,596
- Financial income +€1,205
up €1,205 (+414%), from €291 to €1,496
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 | €239,018 | €310,324 | +€71,306 | +29.8% |
| Fixed assets | 21/28 | €9,843 | €78,969 | +€69,125 | +702% |
| Tangible fixed assets | 22/27 | €9,843 | €78,969 | +€69,125 | +702% |
| Plant, machinery and equipment | 23 | €9,843 | €7,148 | -€2,695 | -27.4% |
| Furniture and vehicles | 24 | - | €71,821 | +€71,821 | |
| Current assets | 29/58 | €229,175 | €231,355 | +€2,180 | +1.0% |
| Amounts receivable within one year | 40/41 | €10,587 | €8,378 | -€2,209 | -20.9% |
| Trade receivables | 40 | €8,050 | €2,093 | -€5,957 | -74.0% |
| Other amounts receivable | 41 | €2,536 | €6,285 | +€3,749 | +148% |
| Current investments | 50/53 | €102,030 | €120,810 | +€18,780 | +18.4% |
| Cash at bank and in hand | 54/58 | €114,648 | €100,148 | -€14,499 | -12.6% |
| Deferred charges and accrued income | 490/1 | €1,911 | €2,019 | +€108 | +5.6% |
| Total equity and liabilities | 10/49 | €239,018 | €310,324 | +€71,306 | +29.8% |
| Equity | 10/15 | €234,396 | €249,900 | +€15,504 | +6.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €221,996 | €237,500 | +€15,504 | +7.0% |
| Distributable reserves | 133 | €221,996 | €237,500 | +€15,504 | +7.0% |
| Amounts payable | 17/49 | €4,622 | €60,424 | +€55,802 | +1,207% |
| Amounts payable after more than one year | 17 | - | €39,835 | +€39,835 | |
| Financial debts | 170/4 | - | €39,835 | +€39,835 | |
| Amounts payable within one year | 42/48 | €4,573 | €20,589 | +€16,016 | +350% |
| Current portion of amounts payable after more than one year | 42 | - | €9,398 | +€9,398 | |
| Trade debts | 44 | €61 | €809 | +€748 | +1,221% |
| Suppliers | 440/4 | €61 | €809 | +€748 | +1,221% |
| Taxes, remuneration and social security | 45 | €4,512 | €10,382 | +€5,870 | +130% |
| Taxes | 450/3 | €4,512 | €10,382 | +€5,870 | +130% |
| Accrued charges and deferred income | 492/3 | €49 | - | -€49 | |
| Non-recurring operating income | 76A | - | €12,500 | +€12,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,115 | €6,596 | +€1,481 | +28.9% |
| Other operating charges | 640/8 | €458 | €451 | -€7 | -1.5% |
| Gross operating margin | 9900 | €31,756 | €73,653 | +€41,897 | +132% |
| Operating profit (loss) | 9901 | €26,183 | €66,606 | +€40,423 | +154% |
| Financial income | 75/76B | €291 | €1,496 | +€1,205 | +414% |
| Recurring financial income | 75 | €291 | €1,496 | +€1,205 | +414% |
| Financial charges | 65/66B | €357 | €622 | +€265 | +74.3% |
| Recurring financial charges | 65 | €357 | €622 | +€265 | +74.3% |
| Profit (loss) for the period before taxes | 9903 | €26,117 | €67,479 | +€41,362 | +158% |
| Income taxes | 67/77 | €7,551 | €18,281 | +€10,730 | +142% |
| Profit (loss) for the period | 9904 | €18,566 | €49,198 | +€30,632 | +165% |
| Profit (loss) for the period to be appropriated | 9905 | €18,566 | €49,198 | +€30,632 | +165% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.