HELCREATIVE: 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.
HELCREATIVE
Largest movements
- Receivables within one year -€8,005
down €8,005 (-29.6%), from €27,055 to €19,050
- Tangible fixed assets +€2,641
up €2,641 (+68.3%), from €3,864 to €6,505
of which Plant, machinery and equipment: +€3,641
- Cash -€2,463
down €2,463 (-43.1%), from €5,712 to €3,250
mainly Tax, wage and social debts (-€9,600) and Investment in fixed assets (net) (-€5,043)
- Tax, wage and social debts -€9,600
down €9,600 (-61.8%), from €15,525 to €5,924
of which Remuneration and social security: -€8,205
- Other debts +€5,698
up €5,698 (+62.5%), from €9,113 to €14,810
- Trade debts -€3,092
down €3,092 (-90.0%), from €3,437 to €345
- Reserves -€831
down €831 (-9.8%), from €8,456 to €7,626
- Gross operating margin -€12,066
down €12,066 (-82.1%), from €14,696 to €2,630
- Taxes -€2,153
down €2,153 (-86.1%), from €2,500 to €347
- Depreciation +€1,368
up €1,368 (+132%), from €1,034 to €2,402
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 | €36,631 | €28,805 | -€7,826 | -21.4% |
| Fixed assets | 21/28 | €3,864 | €6,505 | +€2,641 | +68.3% |
| Tangible fixed assets | 22/27 | €3,864 | €6,505 | +€2,641 | +68.3% |
| Plant, machinery and equipment | 23 | €2,114 | €5,755 | +€3,641 | +172% |
| Furniture and vehicles | 24 | €1,750 | €750 | -€1,000 | -57.1% |
| Current assets | 29/58 | €32,767 | €22,300 | -€10,467 | -31.9% |
| Amounts receivable within one year | 40/41 | €27,055 | €19,050 | -€8,005 | -29.6% |
| Trade receivables | 40 | €27,055 | €19,050 | -€8,005 | -29.6% |
| Cash at bank and in hand | 54/58 | €5,712 | €3,250 | -€2,463 | -43.1% |
| Total equity and liabilities | 10/49 | €36,631 | €28,805 | -€7,826 | -21.4% |
| Equity | 10/15 | €8,556 | €7,726 | -€831 | -9.7% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €8,456 | €7,626 | -€831 | -9.8% |
| Distributable reserves | 133 | €8,456 | €7,626 | -€831 | -9.8% |
| Amounts payable | 17/49 | €28,075 | €21,079 | -€6,995 | -24.9% |
| Amounts payable within one year | 42/48 | €28,075 | €21,079 | -€6,995 | -24.9% |
| Trade debts | 44 | €3,437 | €345 | -€3,092 | -90.0% |
| Suppliers | 440/4 | €3,437 | €345 | -€3,092 | -90.0% |
| Taxes, remuneration and social security | 45 | €15,525 | €5,924 | -€9,600 | -61.8% |
| Taxes | 450/3 | €7,320 | €5,924 | -€1,395 | -19.1% |
| Remuneration and social security | 454/9 | €8,205 | - | -€8,205 | |
| Other amounts payable | 47/48 | €9,113 | €14,810 | +€5,698 | +62.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,034 | €2,402 | +€1,368 | +132% |
| Other operating charges | 640/8 | €700 | €606 | -€94 | -13.5% |
| Gross operating margin | 9900 | €14,696 | €2,630 | -€12,066 | -82.1% |
| Operating profit (loss) | 9901 | €12,961 | -€378 | -€13,339 | |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €5 | €109 | +€104 | +2,072% |
| Recurring financial charges | 65 | €5 | €109 | +€104 | +2,072% |
| Profit (loss) for the period before taxes | 9903 | €12,956 | -€484 | -€13,440 | |
| Income taxes | 67/77 | €2,500 | €347 | -€2,153 | -86.1% |
| Profit (loss) for the period | 9904 | €10,456 | -€831 | -€11,287 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,456 | -€831 | -€11,287 |
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 15 October 2026 via checked.be.