FRANK HELLINX JUWELIER: 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.
FRANK HELLINX JUWELIER
Largest movements
- Stocks and contracts +€139,547
up €139,547 (+21.3%), from €655,857 to €795,404
- Tangible fixed assets -€38,629
down €38,629 (-9.3%), from €416,120 to €377,491
of which Land and buildings: -€36,462
- Cash -€28,368
down €28,368 (-42.5%), from €66,799 to €38,432
mainly Stocks and contracts (-€139,547) and Debts after one year (-€34,586)
- Other debts +€91,279
up €91,279 (+23.7%), from €384,501 to €475,780
- Reserves +€53,569
up €53,569 (+25.0%), from €213,883 to €267,452
of which Distributable reserves: +€73,569
- Debts after one year -€34,586
down €34,586 (-18.1%), from €191,454 to €156,868
- Short-term financial debts -€25,199
down €25,199 (-67.2%), from €37,518 to €12,319
of which Credit institutions: -€25,227
- Staff costs -€21,613
down €21,613 (-18.0%), from €120,035 to €98,422
- Gross operating margin -€13,642
down €13,642 (-5.5%), from €246,143 to €232,501
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,143,577 | €1,216,656 | +€73,080 | +6.4% |
| Fixed assets | 21/28 | €416,120 | €377,491 | -€38,629 | -9.3% |
| Tangible fixed assets | 22/27 | €416,120 | €377,491 | -€38,629 | -9.3% |
| Land and buildings | 22 | €382,787 | €346,325 | -€36,462 | -9.5% |
| Plant, machinery and equipment | 23 | €5,003 | €3,494 | -€1,509 | -30.2% |
| Furniture and vehicles | 24 | €28,329 | €27,671 | -€658 | -2.3% |
| Current assets | 29/58 | €727,457 | €839,166 | +€111,709 | +15.4% |
| Stocks and contracts in progress | 3 | €655,857 | €795,404 | +€139,547 | +21.3% |
| Stocks | 30/36 | €655,857 | €795,404 | +€139,547 | +21.3% |
| Amounts receivable within one year | 40/41 | €2,195 | €2,063 | -€132 | -6.0% |
| Trade receivables | 40 | €1,961 | €1,641 | -€319 | -16.3% |
| Other amounts receivable | 41 | €234 | €422 | +€188 | +80.2% |
| Cash at bank and in hand | 54/58 | €66,799 | €38,432 | -€28,368 | -42.5% |
| Deferred charges and accrued income | 490/1 | €2,606 | €3,267 | +€661 | +25.4% |
| Total equity and liabilities | 10/49 | €1,143,577 | €1,216,656 | +€73,080 | +6.4% |
| Equity | 10/15 | €413,883 | €467,452 | +€53,569 | +12.9% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €213,883 | €267,452 | +€53,569 | +25.0% |
| Non-distributable reserves | 130/1 | €20,000 | €0 | -€20,000 | -100% |
| Reserves not available under the articles | 1311 | €20,000 | €0 | -€20,000 | -100% |
| Distributable reserves | 133 | €193,883 | €267,452 | +€73,569 | +37.9% |
| Amounts payable | 17/49 | €729,693 | €749,204 | +€19,510 | +2.7% |
| Amounts payable after more than one year | 17 | €191,454 | €156,868 | -€34,586 | -18.1% |
| Financial debts | 170/4 | €191,454 | €156,868 | -€34,586 | -18.1% |
| Amounts payable within one year | 42/48 | €537,490 | €591,586 | +€54,096 | +10.1% |
| Current portion of amounts payable after more than one year | 42 | €32,911 | €34,586 | +€1,675 | +5.1% |
| Financial debts | 43 | €37,518 | €12,319 | -€25,199 | -67.2% |
| Credit institutions | 430/8 | €37,518 | €12,291 | -€25,227 | -67.2% |
| Other loans | 439 | - | €28 | +€28 | |
| Trade debts | 44 | €22,373 | €14,103 | -€8,270 | -37.0% |
| Suppliers | 440/4 | €22,373 | €14,103 | -€8,270 | -37.0% |
| Advances received on contracts in progress | 46 | €3,494 | €5,973 | +€2,479 | +71.0% |
| Taxes, remuneration and social security | 45 | €56,694 | €48,826 | -€7,867 | -13.9% |
| Taxes | 450/3 | €28,361 | €33,236 | +€4,874 | +17.2% |
| Remuneration and social security | 454/9 | €28,332 | €15,591 | -€12,742 | -45.0% |
| Other amounts payable | 47/48 | €384,501 | €475,780 | +€91,279 | +23.7% |
| Accrued charges and deferred income | 492/3 | €750 | €750 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €120,035 | €98,422 | -€21,613 | -18.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,925 | €45,862 | -€62 | -0.1% |
| Other operating charges | 640/8 | €4,042 | €4,512 | +€470 | +11.6% |
| Gross operating margin | 9900 | €246,143 | €232,501 | -€13,642 | -5.5% |
| Operating profit (loss) | 9901 | €76,142 | €83,705 | +€7,564 | +9.9% |
| Financial income | 75/76B | €4,185 | €4,691 | +€505 | +12.1% |
| Recurring financial income | 75 | €4,185 | €4,691 | +€505 | +12.1% |
| Financial charges | 65/66B | €17,500 | €15,517 | -€1,983 | -11.3% |
| Recurring financial charges | 65 | €17,500 | €15,517 | -€1,983 | -11.3% |
| Profit (loss) for the period before taxes | 9903 | €62,827 | €72,879 | +€10,052 | +16.0% |
| Income taxes | 67/77 | €17,334 | €19,310 | +€1,976 | +11.4% |
| Profit (loss) for the period | 9904 | €45,492 | €53,569 | +€8,077 | +17.8% |
| Profit (loss) for the period to be appropriated | 9905 | €45,492 | €53,569 | +€8,077 | +17.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.