Helan & Co: 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.
Helan & Co
Largest movements
- Receivables within one year -€45,550
down €45,550 (-89.1%), from €51,120 to €5,570
- Receivables after one year +€33,195
up €33,195 (+4.6%), from €716,968 to €750,163
- Cash -€31,866
down €31,866 (-60.6%), from €52,622 to €20,756
mainly Receivables after one year (-€33,195) and Net result for the year (-€29,592)
- Profit (loss) carried forward -€29,592
down €29,592 (-11.0%), from €269,637 to €240,046
- Debts after one year -€24,764
down €24,764 (-4.8%), from €513,182 to €488,418
- Gross operating margin -€29,881
down €29,881 (-65.7%), from €45,512 to €15,631
- Depreciation +€2,911
up €2,911 (+10.3%), from €28,345 to €31,256
- Other operating charges -€2,598
down €2,598 (-11.6%), from €22,314 to €19,716
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 | €1,579,513 | €1,526,011 | -€53,501 | -3.4% |
| Fixed assets | 21/28 | €754,443 | €745,617 | -€8,825 | -1.2% |
| Tangible fixed assets | 22/27 | €701,144 | €692,319 | -€8,825 | -1.3% |
| Land and buildings | 22 | €409,670 | €397,079 | -€12,592 | -3.1% |
| Plant, machinery and equipment | 23 | €10,942 | €14,993 | +€4,051 | +37.0% |
| Furniture and vehicles | 24 | €2,012 | €1,727 | -€284 | -14.1% |
| Other tangible fixed assets | 26 | €278,521 | €278,521 | = | 0.0% |
| Financial fixed assets | 28 | €53,299 | €53,299 | = | 0.0% |
| Current assets | 29/58 | €825,070 | €780,394 | -€44,676 | -5.4% |
| Amounts receivable after more than one year | 29 | €716,968 | €750,163 | +€33,195 | +4.6% |
| Other amounts receivable | 291 | €716,968 | €750,163 | +€33,195 | +4.6% |
| Amounts receivable within one year | 40/41 | €51,120 | €5,570 | -€45,550 | -89.1% |
| Trade receivables | 40 | €51,120 | €5,570 | -€45,550 | -89.1% |
| Cash at bank and in hand | 54/58 | €52,622 | €20,756 | -€31,866 | -60.6% |
| Deferred charges and accrued income | 490/1 | €4,360 | €3,905 | -€455 | -10.4% |
| Total equity and liabilities | 10/49 | €1,579,513 | €1,526,011 | -€53,501 | -3.4% |
| Equity | 10/15 | €1,059,366 | €1,029,774 | -€29,592 | -2.8% |
| Contributions | 10/11 | €385,500 | €385,500 | = | 0.0% |
| Capital | 10 | €385,500 | €385,500 | = | 0.0% |
| Issued capital | 100 | €385,500 | €385,500 | = | 0.0% |
| Reserves | 13 | €404,228 | €404,228 | = | 0.0% |
| Non-distributable reserves | 130/1 | €98,538 | €98,538 | = | 0.0% |
| Legal reserve | 130 | €98,538 | €98,538 | = | 0.0% |
| Tax-exempt reserves | 132 | €305,691 | €305,691 | = | 0.0% |
| Profit (loss) carried forward | 14 | €269,637 | €240,046 | -€29,592 | -11.0% |
| Amounts payable | 17/49 | €520,147 | €496,237 | -€23,910 | -4.6% |
| Amounts payable after more than one year | 17 | €513,182 | €488,418 | -€24,764 | -4.8% |
| Financial debts | 170/4 | €513,182 | €488,418 | -€24,764 | -4.8% |
| Amounts payable within one year | 42/48 | €6,131 | €6,985 | +€854 | +13.9% |
| Trade debts | 44 | €5,951 | €6,805 | +€854 | +14.4% |
| Suppliers | 440/4 | €5,951 | €6,805 | +€854 | +14.4% |
| Other amounts payable | 47/48 | €180 | €180 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €835 | €835 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,345 | €31,256 | +€2,911 | +10.3% |
| Other operating charges | 640/8 | €22,314 | €19,716 | -€2,598 | -11.6% |
| Gross operating margin | 9900 | €45,512 | €15,631 | -€29,881 | -65.7% |
| Operating profit (loss) | 9901 | -€5,147 | -€35,341 | -€30,194 | -587% |
| Financial income | 75/76B | €6,914 | €7,008 | +€94 | +1.4% |
| Recurring financial income | 75 | €6,914 | €7,008 | +€94 | +1.4% |
| Financial charges | 65/66B | €1,009 | €1,259 | +€250 | +24.8% |
| Recurring financial charges | 65 | €1,009 | €1,259 | +€250 | +24.8% |
| Profit (loss) for the period before taxes | 9903 | €758 | -€29,592 | -€30,350 | |
| Profit (loss) for the period | 9904 | €758 | -€29,592 | -€30,350 | |
| Profit (loss) for the period to be appropriated | 9905 | €758 | -€29,592 | -€30,350 |
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 16 October 2026 via checked.be.