BO HELSSEN: 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.
BO HELSSEN
Largest movements
- Receivables within one year -€6,884
down €6,884 (-12.1%), from €56,855 to €49,971
- Other debts -€5,100
down €5,100 (-15.3%), from €33,283 to €28,183
- Other operating charges +€347
up €347 (+294%), from €118 to €465
- Gross operating margin -€203
down €203 (-39.7%), from -€512 to -€715
- Financial charges -€49
down €49 (-100%), from €49 to €0
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 | €140,305 | €133,422 | -€6,884 | -4.9% |
| Fixed assets | 21/28 | €83,450 | €83,450 | = | 0.0% |
| Tangible fixed assets | 22/27 | €83,279 | €83,279 | = | 0.0% |
| Land and buildings | 22 | €83,279 | €83,279 | = | 0.0% |
| Financial fixed assets | 28 | €171 | €171 | = | 0.0% |
| Current assets | 29/58 | €56,855 | €49,971 | -€6,884 | -12.1% |
| Amounts receivable within one year | 40/41 | €56,855 | €49,971 | -€6,884 | -12.1% |
| Other amounts receivable | 41 | €56,855 | €49,971 | -€6,884 | -12.1% |
| Cash at bank and in hand | 54/58 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €140,305 | €133,422 | -€6,884 | -4.9% |
| Equity | 10/15 | €105,300 | €104,119 | -€1,181 | -1.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €63,920 | €63,920 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €62,060 | €62,060 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,780 | €21,600 | -€1,181 | -5.2% |
| Amounts payable | 17/49 | €35,006 | €29,302 | -€5,703 | -16.3% |
| Amounts payable within one year | 42/48 | €35,006 | €29,302 | -€5,703 | -16.3% |
| Trade debts | 44 | €1,723 | €1,119 | -€603 | -35.0% |
| Suppliers | 440/4 | €1,723 | €1,119 | -€603 | -35.0% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €33,283 | €28,183 | -€5,100 | -15.3% |
| Other operating charges | 640/8 | €118 | €465 | +€347 | +294% |
| Gross operating margin | 9900 | -€512 | -€715 | -€203 | -39.7% |
| Operating profit (loss) | 9901 | -€630 | -€1,181 | -€551 | -87.4% |
| Financial charges | 65/66B | €49 | €0 | -€49 | -100% |
| Recurring financial charges | 65 | €49 | €0 | -€49 | -100% |
| Profit (loss) for the period before taxes | 9903 | -€679 | -€1,181 | -€502 | -74.0% |
| Profit (loss) for the period | 9904 | -€679 | -€1,181 | -€502 | -74.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€679 | -€1,181 | -€502 | -74.0% |
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 17 October 2026 via checked.be.