Docteur HÉLAS: 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.
Docteur HÉLAS
Largest movements
- Tangible fixed assets +€30,316
up €30,316 (+319%), from €9,497 to €39,813
of which Furniture and vehicles: +€32,422
- Receivables after one year -€18,900
no longer reported in 2025 (was €18,900)
- Cash -€10,216
down €10,216 (-9.4%), from €108,731 to €98,515
mainly Contributions, distributions and other (-€155,883) and Investment in fixed assets (net) (-€40,615)
- Receivables within one year +€5,351
up €5,351 (+592%), from €904 to €6,255
of which Other amounts receivable: +€6,255
- Reserves -€130,799
no longer reported in 2025 (was €130,799)
- Other debts +€113,574
up €113,574 (+2,648%), from €4,290 to €117,864
- Debts after one year +€18,873
new in 2025: €18,873
- Current portion of long-term debt +€5,568
new in 2025: €5,568
- Trade debts -€1,468
down €1,468 (-60.4%), from €2,431 to €963
- Gross operating margin -€17,493
down €17,493 (-28.0%), from €62,437 to €44,944
- Depreciation +€6,901
up €6,901 (+203%), from €3,398 to €10,299
- Taxes -€4,363
down €4,363 (-36.0%), from €12,108 to €7,745
- Other operating charges +€736
up €736 (+180%), from €408 to €1,145
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 | €140,127 | €145,768 | +€5,641 | +4.0% |
| Fixed assets | 21/28 | €9,497 | €39,813 | +€30,316 | +319% |
| Tangible fixed assets | 22/27 | €9,497 | €39,813 | +€30,316 | +319% |
| Furniture and vehicles | 24 | €2,512 | €34,934 | +€32,422 | +1,291% |
| Other tangible fixed assets | 26 | €6,985 | €4,878 | -€2,106 | -30.2% |
| Current assets | 29/58 | €130,631 | €105,956 | -€24,675 | -18.9% |
| Amounts receivable after more than one year | 29 | €18,900 | - | -€18,900 | |
| Other amounts receivable | 291 | €18,900 | - | -€18,900 | |
| Amounts receivable within one year | 40/41 | €904 | €6,255 | +€5,351 | +592% |
| Trade receivables | 40 | €904 | - | -€904 | |
| Other amounts receivable | 41 | - | €6,255 | +€6,255 | |
| Cash at bank and in hand | 54/58 | €108,731 | €98,515 | -€10,216 | -9.4% |
| Deferred charges and accrued income | 490/1 | €2,096 | €1,186 | -€910 | -43.4% |
| Total equity and liabilities | 10/49 | €140,127 | €145,768 | +€5,641 | +4.0% |
| Equity | 10/15 | €133,299 | €2,500 | -€130,799 | -98.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €130,799 | - | -€130,799 | |
| Distributable reserves | 133 | €130,799 | - | -€130,799 | |
| Amounts payable | 17/49 | €6,829 | €143,268 | +€136,439 | +1,998% |
| Amounts payable after more than one year | 17 | - | €18,873 | +€18,873 | |
| Financial debts | 170/4 | - | €18,873 | +€18,873 | |
| Amounts payable within one year | 42/48 | €6,829 | €124,395 | +€117,566 | +1,722% |
| Current portion of amounts payable after more than one year | 42 | - | €5,568 | +€5,568 | |
| Trade debts | 44 | €2,431 | €963 | -€1,468 | -60.4% |
| Suppliers | 440/4 | €2,431 | €963 | -€1,468 | -60.4% |
| Taxes, remuneration and social security | 45 | €108 | - | -€108 | |
| Taxes | 450/3 | €108 | - | -€108 | |
| Other amounts payable | 47/48 | €4,290 | €117,864 | +€113,574 | +2,648% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,398 | €10,299 | +€6,901 | +203% |
| Other operating charges | 640/8 | €408 | €1,145 | +€736 | +180% |
| Gross operating margin | 9900 | €62,437 | €44,944 | -€17,493 | -28.0% |
| Operating profit (loss) | 9901 | €58,630 | €33,500 | -€25,130 | -42.9% |
| Financial charges | 65/66B | €260 | €670 | +€410 | +158% |
| Recurring financial charges | 65 | €260 | €670 | +€410 | +158% |
| Profit (loss) for the period before taxes | 9903 | €58,371 | €32,830 | -€25,541 | -43.8% |
| Income taxes | 67/77 | €12,108 | €7,745 | -€4,363 | -36.0% |
| Profit (loss) for the period | 9904 | €46,262 | €25,085 | -€21,178 | -45.8% |
| Profit (loss) for the period to be appropriated | 9905 | €46,262 | €25,085 | -€21,178 | -45.8% |
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 25 October 2026 via checked.be.