Dr Bellens Hélène: what changed
Dr Bellens Hélène
Largest movements
- Current investments +€29,578
up €29,578 (+29.6%), from €100,000 to €129,578
- Tangible fixed assets -€13,798
down €13,798 (-51.9%), from €26,592 to €12,794
of which Furniture and vehicles: -€13,439
- Deferred charges and accrued income +€7,800
up €7,800 (+17.2%), from €45,429 to €53,230
- Receivables within one year -€3,580
down €3,580 (-36.8%), from €9,727 to €6,146
- Other debts +€21,066
up €21,066 (+52.7%), from €40,000 to €61,066
- Profit (loss) carried forward +€14,103
up €14,103 (+7.3%), from €194,051 to €208,154
- Debts after one year -€8,809
no longer reported in 2025 (was €8,809)
- Current portion of long-term debt -€4,306
down €4,306 (-32.8%), from €13,116 to €8,809
- Tax, wage and social debts -€4,084
no longer reported in 2025 (was €4,084)
- Gross operating margin +€45,117
up €45,117 (+70.4%), from €64,112 to €109,229
- Taxes +€8,336
up €8,336 (+74.5%), from €11,188 to €19,524
- Financial charges +€2,688
up €2,688 (+252%), from €1,068 to €3,757
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €263,977 | €282,506 | +€18,530 | +7.0% |
| Fixed assets | 21/28 | €26,592 | €12,794 | -€13,798 | -51.9% |
| Tangible fixed assets | 22/27 | €26,592 | €12,794 | -€13,798 | -51.9% |
| Plant, machinery and equipment | 23 | €698 | €590 | -€108 | -15.5% |
| Furniture and vehicles | 24 | €23,912 | €10,473 | -€13,439 | -56.2% |
| Other tangible fixed assets | 26 | €1,982 | €1,730 | -€252 | -12.7% |
| Current assets | 29/58 | €237,385 | €269,713 | +€32,328 | +13.6% |
| Amounts receivable within one year | 40/41 | €9,727 | €6,146 | -€3,580 | -36.8% |
| Other amounts receivable | 41 | €9,727 | €6,146 | -€3,580 | -36.8% |
| Current investments | 50/53 | €100,000 | €129,578 | +€29,578 | +29.6% |
| Cash at bank and in hand | 54/58 | €82,229 | €80,759 | -€1,470 | -1.8% |
| Deferred charges and accrued income | 490/1 | €45,429 | €53,230 | +€7,800 | +17.2% |
| Total equity and liabilities | 10/49 | €263,977 | €282,506 | +€18,530 | +7.0% |
| Equity | 10/15 | €197,051 | €211,154 | +€14,103 | +7.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €194,051 | €208,154 | +€14,103 | +7.3% |
| Amounts payable | 17/49 | €66,925 | €71,352 | +€4,427 | +6.6% |
| Amounts payable after more than one year | 17 | €8,809 | - | -€8,809 | |
| Financial debts | 170/4 | €8,809 | - | -€8,809 | |
| Amounts payable within one year | 42/48 | €58,116 | €71,352 | +€13,236 | +22.8% |
| Current portion of amounts payable after more than one year | 42 | €13,116 | €8,809 | -€4,306 | -32.8% |
| Trade debts | 44 | €917 | €1,477 | +€560 | +61.1% |
| Suppliers | 440/4 | €917 | €1,477 | +€560 | +61.1% |
| Taxes, remuneration and social security | 45 | €4,084 | - | -€4,084 | |
| Taxes | 450/3 | €4,084 | - | -€4,084 | |
| Other amounts payable | 47/48 | €40,000 | €61,066 | +€21,066 | +52.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,232 | €13,798 | -€434 | -3.0% |
| Other operating charges | 640/8 | €397 | €409 | +€12 | +3.0% |
| Gross operating margin | 9900 | €64,112 | €109,229 | +€45,117 | +70.4% |
| Operating profit (loss) | 9901 | €49,482 | €95,021 | +€45,539 | +92.0% |
| Financial income | 75/76B | €3,073 | €3,338 | +€265 | +8.6% |
| Recurring financial income | 75 | €3,073 | €3,338 | +€265 | +8.6% |
| Financial charges | 65/66B | €1,068 | €3,757 | +€2,688 | +252% |
| Recurring financial charges | 65 | €1,068 | €3,757 | +€2,688 | +252% |
| Profit (loss) for the period before taxes | 9903 | €51,487 | €94,602 | +€43,116 | +83.7% |
| Income taxes | 67/77 | €11,188 | €19,524 | +€8,336 | +74.5% |
| Profit (loss) for the period | 9904 | €40,298 | €75,079 | +€34,780 | +86.3% |
| Profit (loss) for the period to be appropriated | 9905 | €40,298 | €75,079 | +€34,780 | +86.3% |
Next steps
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 6 November 2026 via checked.be.