Helder HR: 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.
Helder HR
Largest movements
- Cash +€41,950
up €41,950 (+67.0%), from €62,618 to €104,568
mainly Net result for the year (+€30,757) and Tax, wage and social debts (+€7,838)
- Receivables within one year -€4,883
down €4,883 (-54.7%), from €8,922 to €4,039
of which Trade receivables: -€6,311
- Tangible fixed assets +€2,438
new in 2025: €2,438
- Deferred charges and accrued income -€1,759
no longer reported in 2025 (was €1,759)
- Reserves +€30,757
up €30,757 (+65.4%), from €47,032 to €77,789
- Tax, wage and social debts +€7,838
up €7,838 (+37.5%), from €20,896 to €28,734
of which Taxes: +€7,838
- Other debts -€1,872
no longer reported in 2025 (was €1,872)
- Gross operating margin +€2,301
up €2,301 (+5.4%), from €42,793 to €45,094
- Financial charges +€762
up €762 (+345%), from €221 to €983
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 | €73,699 | €111,446 | +€37,747 | +51.2% |
| Fixed assets | 21/28 | €400 | €2,838 | +€2,438 | +610% |
| Tangible fixed assets | 22/27 | - | €2,438 | +€2,438 | |
| Furniture and vehicles | 24 | - | €2,438 | +€2,438 | |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €73,299 | €108,607 | +€35,308 | +48.2% |
| Amounts receivable within one year | 40/41 | €8,922 | €4,039 | -€4,883 | -54.7% |
| Trade receivables | 40 | €8,762 | €2,450 | -€6,311 | -72.0% |
| Other amounts receivable | 41 | €160 | €1,589 | +€1,429 | +892% |
| Cash at bank and in hand | 54/58 | €62,618 | €104,568 | +€41,950 | +67.0% |
| Deferred charges and accrued income | 490/1 | €1,759 | - | -€1,759 | |
| Total equity and liabilities | 10/49 | €73,699 | €111,446 | +€37,747 | +51.2% |
| Equity | 10/15 | €49,532 | €80,289 | +€30,757 | +62.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Capital | 10 | €2,500 | €2,500 | = | 0.0% |
| Issued capital | 100 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €47,032 | €77,789 | +€30,757 | +65.4% |
| Distributable reserves | 133 | €47,032 | €77,789 | +€30,757 | +65.4% |
| Amounts payable | 17/49 | €24,167 | €31,156 | +€6,989 | +28.9% |
| Amounts payable within one year | 42/48 | €24,167 | €31,156 | +€6,989 | +28.9% |
| Trade debts | 44 | €1,399 | €2,423 | +€1,023 | +73.1% |
| Suppliers | 440/4 | €1,399 | €2,423 | +€1,023 | +73.1% |
| Taxes, remuneration and social security | 45 | €20,896 | €28,734 | +€7,838 | +37.5% |
| Taxes | 450/3 | €19,355 | €27,194 | +€7,838 | +40.5% |
| Remuneration and social security | 454/9 | €1,540 | €1,540 | = | 0.0% |
| Other amounts payable | 47/48 | €1,872 | - | -€1,872 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €395 | €317 | -€78 | -19.6% |
| Other operating charges | 640/8 | €316 | €190 | -€126 | -39.8% |
| Gross operating margin | 9900 | €42,793 | €45,094 | +€2,301 | +5.4% |
| Operating profit (loss) | 9901 | €42,082 | €44,587 | +€2,505 | +6.0% |
| Financial charges | 65/66B | €221 | €983 | +€762 | +345% |
| Recurring financial charges | 65 | €221 | €983 | +€762 | +345% |
| Profit (loss) for the period before taxes | 9903 | €41,861 | €43,604 | +€1,742 | +4.2% |
| Income taxes | 67/77 | €12,518 | €12,846 | +€329 | +2.6% |
| Profit (loss) for the period | 9904 | €29,344 | €30,757 | +€1,414 | +4.8% |
| Profit (loss) for the period to be appropriated | 9905 | €29,344 | €30,757 | +€1,414 | +4.8% |
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 17 October 2026 via checked.be.