De Helden: what changed
What changed
De Helden
NACE 43.350, Other building finishing work
filed annual accounts (NBB)
Net result for the year
-€43,656
2024 · €9,770-€53,426
Equity
-€82,233
2024 · -€38,577-€43,656
Cash
€739
2024 · €1,199-€460
Balance sheet total
€119,015
2024 · €69,553+€49,462
Largest movements
Assets
- Stocks and contracts +€44,227
new in 2025: €44,227
- Receivables within one year +€27,900
up €27,900 (+79.7%), from €35,007 to €62,907
of which Trade receivables: +€27,872
- Tangible fixed assets -€23,533
down €23,533 (-71.9%), from €32,722 to €9,188
of which Furniture and vehicles: -€20,490
- Deferred charges and accrued income +€1,329
up €1,329 (+213%), from €625 to €1,954
Equity and liabilities
- Other debts +€47,577
up €47,577 (+102%), from €46,604 to €94,180
- Profit (loss) carried forward -€43,656
down €43,656 (-53.9%), from -€81,056 to -€124,712
- Accrued charges and deferred income +€34,101
up €34,101 (+842%), from €4,050 to €38,152
- Trade debts +€7,137
up €7,137 (+107%), from €6,668 to €13,805
- Tax, wage and social debts +€3,324
up €3,324 (+412%), from €808 to €4,131
of which Taxes: +€3,324
Income statement
- Gross operating margin -€51,958
down €51,958, from €23,319 to -€28,639
- Other operating charges +€5,170
up €5,170 (+335%), from €1,542 to €6,712
- Depreciation -€2,965
down €2,965 (-49.3%), from €6,008 to €3,044
- Financial charges -€1,230
down €1,230 (-20.4%), from €6,019 to €4,789
- Write-downs +€814
new in 2025: €814
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€9,770
Gross operating margin
-€51,958
Depreciation
+€2,965
Write-downs
-€814
Other operating charges
-€5,170
Financial income
+€321
Financial charges
+€1,230
Result 2025
-€43,656
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€20,950
Investment
+€20,490
Financing
€0
Cash 2024
€1,199
From operations (derived)
-€20,950
Net result for the year
-€43,656
Depreciation
+€3,044
Stocks and contracts
-€44,227
Receivables within one year
-€27,900
Deferred charges and accrued income
-€1,329
Trade debts
+€7,137
Tax, wage and social debts
+€3,324
Advances received
+€979
Other debts
+€47,577
Accrued charges and deferred income
+€34,101
Investment (derived)
+€20,490
Investment in fixed assets (net)
+€20,490
Cash 2025
€739
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €69,553 | €119,015 | +€49,462 | +71.1% |
| Fixed assets | 21/28 | €32,722 | €9,188 | -€23,533 | -71.9% |
| Tangible fixed assets | 22/27 | €32,722 | €9,188 | -€23,533 | -71.9% |
| Plant, machinery and equipment | 23 | €12,232 | €9,188 | -€3,044 | -24.9% |
| Furniture and vehicles | 24 | €20,490 | €0 | -€20,490 | -100% |
| Current assets | 29/58 | €36,831 | €109,827 | +€72,995 | +198% |
| Stocks and contracts in progress | 3 | - | €44,227 | +€44,227 | |
| Stocks | 30/36 | - | €44,227 | +€44,227 | |
| Amounts receivable within one year | 40/41 | €35,007 | €62,907 | +€27,900 | +79.7% |
| Trade receivables | 40 | €29,871 | €57,743 | +€27,872 | +93.3% |
| Other amounts receivable | 41 | €5,136 | €5,164 | +€28 | +0.5% |
| Cash at bank and in hand | 54/58 | €1,199 | €739 | -€460 | -38.4% |
| Deferred charges and accrued income | 490/1 | €625 | €1,954 | +€1,329 | +213% |
| Total equity and liabilities | 10/49 | €69,553 | €119,015 | +€49,462 | +71.1% |
| Equity | 10/15 | -€38,577 | -€82,233 | -€43,656 | -113% |
| Contributions | 10/11 | €9,627 | €9,627 | = | 0.0% |
| Reserves | 13 | €32,852 | €32,852 | = | 0.0% |
| Tax-exempt reserves | 132 | €10,097 | €10,097 | = | 0.0% |
| Distributable reserves | 133 | €22,755 | €22,755 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€81,056 | -€124,712 | -€43,656 | -53.9% |
| Amounts payable | 17/49 | €108,130 | €201,248 | +€93,118 | +86.1% |
| Amounts payable after more than one year | 17 | €50,000 | €50,000 | = | 0.0% |
| Financial debts | 170/4 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €54,079 | €113,096 | +€59,016 | +109% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €6,668 | €13,805 | +€7,137 | +107% |
| Suppliers | 440/4 | €6,668 | €13,805 | +€7,137 | +107% |
| Advances received on contracts in progress | 46 | - | €979 | +€979 | |
| Taxes, remuneration and social security | 45 | €808 | €4,131 | +€3,324 | +412% |
| Taxes | 450/3 | €808 | €4,131 | +€3,324 | +412% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €46,604 | €94,180 | +€47,577 | +102% |
| Accrued charges and deferred income | 492/3 | €4,050 | €38,152 | +€34,101 | +842% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,008 | €3,044 | -€2,965 | -49.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €814 | +€814 | |
| Other operating charges | 640/8 | €1,542 | €6,712 | +€5,170 | +335% |
| Gross operating margin | 9900 | €23,319 | -€28,639 | -€51,958 | |
| Operating profit (loss) | 9901 | €15,769 | -€39,208 | -€54,977 | |
| Financial income | 75/76B | €20 | €341 | +€321 | +1,616% |
| Recurring financial income | 75 | €20 | €341 | +€321 | +1,616% |
| Financial charges | 65/66B | €6,019 | €4,789 | -€1,230 | -20.4% |
| Recurring financial charges | 65 | €6,019 | €4,789 | -€1,230 | -20.4% |
| Profit (loss) for the period before taxes | 9903 | €9,770 | -€43,656 | -€53,426 | |
| Profit (loss) for the period | 9904 | €9,770 | -€43,656 | -€53,426 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,770 | -€43,656 | -€53,426 |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.