HELDER & LUIS CONSTRUCT: 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 & LUIS CONSTRUCT
Largest movements
- Deferred charges and accrued income +€74,256
up €74,256 (+674.8%), from €11,004 to €85,260
- Receivables within one year +€70,849
up €70,849 (+1331.3%), from €5,322 to €76,171
of which Trade receivables: +€74,608
- Cash +€3,533
up €3,533 (+160.0%), from €2,208 to €5,741
mainly Trade debts (+€141,136) and Net result for the year (+€15,366)
- Trade debts +€141,136
up €141,136 (+564.4%), from €25,007 to €166,143
- Profit (loss) carried forward +€15,366
up €15,366 (+94.2%), from -€16,314 to -€948
- Tax, wage and social debts -€6,131
down €6,131 (-86.3%), from €7,107 to €977
of which Remuneration and social security: -€4,080
- Other debts -€1,733
no longer reported in 2025 (was €1,733)
- Gross operating margin +€36,329
up €36,329, from -€15,552 to €20,777
- Other operating charges +€2,931
up €2,931 (+550.1%), from €533 to €3,464
- Taxes +€977
new in 2025: €977
- Financial charges +€799
up €799 (+348.2%), from €229 to €1,028
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.
Cash bridge derived
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 | €18,534 | €167,172 | +€148,638 | +802.0% |
| Current assets | 29/58 | €18,534 | €167,172 | +€148,638 | +802.0% |
| Amounts receivable within one year | 40/41 | €5,322 | €76,171 | +€70,849 | +1331.3% |
| Trade receivables | 40 | - | €74,608 | +€74,608 | |
| Other amounts receivable | 41 | €5,322 | €1,563 | -€3,758 | -70.6% |
| Cash at bank and in hand | 54/58 | €2,208 | €5,741 | +€3,533 | +160.0% |
| Deferred charges and accrued income | 490/1 | €11,004 | €85,260 | +€74,256 | +674.8% |
| Total equity and liabilities | 10/49 | €18,534 | €167,172 | +€148,638 | +802.0% |
| Equity | 10/15 | -€15,314 | €52 | +€15,366 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,314 | -€948 | +€15,366 | +94.2% |
| Amounts payable | 17/49 | €33,848 | €167,120 | +€133,272 | +393.7% |
| Amounts payable within one year | 42/48 | €33,848 | €167,120 | +€133,272 | +393.7% |
| Trade debts | 44 | €25,007 | €166,143 | +€141,136 | +564.4% |
| Suppliers | 440/4 | €25,007 | €166,143 | +€141,136 | +564.4% |
| Taxes, remuneration and social security | 45 | €7,107 | €977 | -€6,131 | -86.3% |
| Taxes | 450/3 | €3,027 | €977 | -€2,051 | -67.7% |
| Remuneration and social security | 454/9 | €4,080 | - | -€4,080 | |
| Other amounts payable | 47/48 | €1,733 | - | -€1,733 | |
| Other operating charges | 640/8 | €533 | €3,464 | +€2,931 | +550.1% |
| Gross operating margin | 9900 | -€15,552 | €20,777 | +€36,329 | |
| Operating profit (loss) | 9901 | -€16,084 | €17,313 | +€33,398 | |
| Financial income | 75/76B | - | €58 | +€58 | |
| Recurring financial income | 75 | - | €58 | +€58 | |
| Financial charges | 65/66B | €229 | €1,028 | +€799 | +348.2% |
| Recurring financial charges | 65 | €229 | €1,028 | +€799 | +348.2% |
| Profit (loss) for the period before taxes | 9903 | -€16,314 | €16,343 | +€32,657 | |
| Income taxes | 67/77 | - | €977 | +€977 | |
| Profit (loss) for the period | 9904 | -€16,314 | €15,366 | +€31,680 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,314 | €15,366 | +€31,680 |
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 9 October 2026 via checked.be.