Helalia: 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.
Helalia
Largest movements
- Tangible fixed assets -€40,427
down €40,427 (-21.1%), from €191,507 to €151,080
of which Other tangible fixed assets: -€26,986
- Cash +€26,164
up €26,164 (+24.3%), from €107,656 to €133,820
mainly Depreciation (+€41,787) and Net result for the year (+€30,773)
- Receivables within one year -€6,348
down €6,348 (-100%), from €6,348 to €0
of which Trade receivables: -€3,193
- Other debts -€19,037
down €19,037 (-48.1%), from €39,576 to €20,539
- Reserves +€18,590
up €18,590 (+10.0%), from €186,437 to €205,027
of which Distributable reserves: +€18,590
- Debts after one year -€16,352
down €16,352 (-20.0%), from €81,819 to €65,467
- Trade debts -€5,716
down €5,716 (-86.5%), from €6,609 to €893
- Gross operating margin +€12,407
up €12,407 (+15.5%), from €80,097 to €92,504
- Taxes +€3,830
up €3,830 (+42.5%), from €9,021 to €12,851
- Financial charges -€1,847
down €1,847 (-21.6%), from €8,533 to €6,686
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 | €358,466 | €336,437 | -€22,029 | -6.1% |
| Fixed assets | 21/28 | €191,507 | €151,080 | -€40,427 | -21.1% |
| Tangible fixed assets | 22/27 | €191,507 | €151,080 | -€40,427 | -21.1% |
| Land and buildings | 22 | €38,220 | €30,576 | -€7,644 | -20.0% |
| Furniture and vehicles | 24 | €15,998 | €10,201 | -€5,797 | -36.2% |
| Other tangible fixed assets | 26 | €137,289 | €110,303 | -€26,986 | -19.7% |
| Current assets | 29/58 | €166,959 | €185,357 | +€18,398 | +11.0% |
| Amounts receivable within one year | 40/41 | €6,348 | €0 | -€6,348 | -100% |
| Trade receivables | 40 | €3,193 | €0 | -€3,193 | -100% |
| Other amounts receivable | 41 | €3,154 | €0 | -€3,154 | -100% |
| Cash at bank and in hand | 54/58 | €107,656 | €133,820 | +€26,164 | +24.3% |
| Deferred charges and accrued income | 490/1 | €52,955 | €51,537 | -€1,418 | -2.7% |
| Total equity and liabilities | 10/49 | €358,466 | €336,437 | -€22,029 | -6.1% |
| Equity | 10/15 | €206,712 | €225,301 | +€18,590 | +9.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €186,437 | €205,027 | +€18,590 | +10.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €186,437 | €205,027 | +€18,590 | +10.0% |
| Profit (loss) carried forward | 14 | €274 | €274 | = | 0.0% |
| Amounts payable | 17/49 | €151,755 | €111,135 | -€40,619 | -26.8% |
| Amounts payable after more than one year | 17 | €81,819 | €65,467 | -€16,352 | -20.0% |
| Financial debts | 170/4 | €81,819 | €65,467 | -€16,352 | -20.0% |
| Amounts payable within one year | 42/48 | €66,256 | €43,163 | -€23,092 | -34.9% |
| Current portion of amounts payable after more than one year | 42 | €16,853 | €17,680 | +€827 | +4.9% |
| Trade debts | 44 | €6,609 | €893 | -€5,716 | -86.5% |
| Suppliers | 440/4 | €6,609 | €893 | -€5,716 | -86.5% |
| Taxes, remuneration and social security | 45 | €3,218 | €4,052 | +€834 | +25.9% |
| Taxes | 450/3 | €3,218 | €4,052 | +€834 | +25.9% |
| Other amounts payable | 47/48 | €39,576 | €20,539 | -€19,037 | -48.1% |
| Accrued charges and deferred income | 492/3 | €3,680 | €2,505 | -€1,175 | -31.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,378 | €41,787 | +€409 | +1.0% |
| Other operating charges | 640/8 | €1,378 | €1,465 | +€87 | +6.3% |
| Gross operating margin | 9900 | €80,097 | €92,504 | +€12,407 | +15.5% |
| Operating profit (loss) | 9901 | €37,340 | €49,252 | +€11,912 | +31.9% |
| Financial income | 75/76B | €583 | €1,058 | +€475 | +81.4% |
| Recurring financial income | 75 | €583 | €1,058 | +€475 | +81.4% |
| Financial charges | 65/66B | €8,533 | €6,686 | -€1,847 | -21.6% |
| Recurring financial charges | 65 | €8,533 | €6,686 | -€1,847 | -21.6% |
| Profit (loss) for the period before taxes | 9903 | €29,390 | €43,624 | +€14,234 | +48.4% |
| Income taxes | 67/77 | €9,021 | €12,851 | +€3,830 | +42.5% |
| Profit (loss) for the period | 9904 | €20,369 | €30,773 | +€10,404 | +51.1% |
| Profit (loss) for the period to be appropriated | 9905 | €20,369 | €30,773 | +€10,404 | +51.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.