Helabros: what changed
Helabros
Largest movements
- Cash -€128,612
down €128,612 (-55.4%), from €232,112 to €103,499
mainly Advances received (-€122,971) and Contributions, distributions and other (-€98,532)
- Receivables within one year +€34,151
up €34,151 (+20.1%), from €170,200 to €204,351
of which Trade receivables: +€26,313
- Tangible fixed assets +€23,961
up €23,961 (+32.0%), from €74,817 to €98,778
of which Furniture and vehicles: +€19,833
- Advances received -€122,971
down €122,971 (-100%), from €122,971 to €0
- Other debts +€80,613
up €80,613 (+59.0%), from €136,646 to €217,259
- Tax, wage and social debts +€47,335
up €47,335 (+93.0%), from €50,884 to €98,218
of which Taxes: +€26,990
- Trade debts -€41,379
down €41,379 (-39.4%), from €105,130 to €63,751
- Accrued charges and deferred income -€34,852
down €34,852 (-100%), from €34,852 to €0
- Staff costs +€73,775
up €73,775 (+80.5%), from €91,635 to €165,410
- Gross operating margin +€37,958
up €37,958 (+13.3%), from €284,402 to €322,360
- Taxes -€11,183
down €11,183 (-25.8%), from €43,265 to €32,082
- Depreciation +€6,972
up €6,972 (+37.4%), from €18,632 to €25,604
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 | €580,482 | €509,228 | -€71,254 | -12.3% |
| Fixed assets | 21/28 | €176,817 | €201,378 | +€24,561 | +13.9% |
| Tangible fixed assets | 22/27 | €74,817 | €98,778 | +€23,961 | +32.0% |
| Plant, machinery and equipment | 23 | €24,558 | €24,564 | +€6 | 0.0% |
| Furniture and vehicles | 24 | €27,818 | €47,651 | +€19,833 | +71.3% |
| Other tangible fixed assets | 26 | €22,441 | €26,563 | +€4,122 | +18.4% |
| Financial fixed assets | 28 | €102,000 | €102,600 | +€600 | +0.6% |
| Current assets | 29/58 | €403,665 | €307,850 | -€95,815 | -23.7% |
| Amounts receivable within one year | 40/41 | €170,200 | €204,351 | +€34,151 | +20.1% |
| Trade receivables | 40 | €170,119 | €196,433 | +€26,313 | +15.5% |
| Other amounts receivable | 41 | €80 | €7,918 | +€7,838 | +9,748% |
| Cash at bank and in hand | 54/58 | €232,112 | €103,499 | -€128,612 | -55.4% |
| Deferred charges and accrued income | 490/1 | €1,354 | €0 | -€1,354 | -100% |
| Total equity and liabilities | 10/49 | €580,482 | €509,228 | -€71,254 | -12.3% |
| Equity | 10/15 | €130,000 | €130,000 | = | 0.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €129,000 | €129,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €129,000 | €129,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €450,482 | €379,228 | -€71,254 | -15.8% |
| Amounts payable within one year | 42/48 | €415,631 | €379,228 | -€36,403 | -8.8% |
| Trade debts | 44 | €105,130 | €63,751 | -€41,379 | -39.4% |
| Suppliers | 440/4 | €105,130 | €63,751 | -€41,379 | -39.4% |
| Advances received on contracts in progress | 46 | €122,971 | €0 | -€122,971 | -100% |
| Taxes, remuneration and social security | 45 | €50,884 | €98,218 | +€47,335 | +93.0% |
| Taxes | 450/3 | €33,951 | €60,941 | +€26,990 | +79.5% |
| Remuneration and social security | 454/9 | €16,933 | €37,277 | +€20,345 | +120% |
| Other amounts payable | 47/48 | €136,646 | €217,259 | +€80,613 | +59.0% |
| Accrued charges and deferred income | 492/3 | €34,852 | €0 | -€34,852 | -100% |
| Non-recurring operating income | 76A | €800 | €0 | -€800 | -100% |
| Remuneration, social security and pensions | 62 | €91,635 | €165,410 | +€73,775 | +80.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,632 | €25,604 | +€6,972 | +37.4% |
| Other operating charges | 640/8 | €525 | €717 | +€193 | +36.7% |
| Gross operating margin | 9900 | €284,402 | €322,360 | +€37,958 | +13.3% |
| Operating profit (loss) | 9901 | €173,610 | €130,629 | -€42,981 | -24.8% |
| Financial income | 75/76B | €74 | €261 | +€187 | +252% |
| Recurring financial income | 75 | €74 | €261 | +€187 | +252% |
| Financial charges | 65/66B | €467 | €276 | -€190 | -40.8% |
| Recurring financial charges | 65 | €467 | €276 | -€190 | -40.8% |
| Profit (loss) for the period before taxes | 9903 | €173,217 | €130,614 | -€42,604 | -24.6% |
| Income taxes | 67/77 | €43,265 | €32,082 | -€11,183 | -25.8% |
| Profit (loss) for the period | 9904 | €129,952 | €98,532 | -€31,420 | -24.2% |
| Profit (loss) for the period to be appropriated | 9905 | €129,952 | €98,532 | -€31,420 | -24.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.