Helderheid: 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.
Helderheid
Largest movements
- Cash +€31,759
up €31,759 (+586%), from €5,421 to €37,180
mainly Net result for the year (+€29,744) and Tax, wage and social debts (+€3,288)
- Receivables within one year -€3,028
down €3,028 (-25.2%), from €12,007 to €8,978
of which Trade receivables: -€2,517
- Tangible fixed assets +€2,994
up €2,994 (+45.8%), from €6,536 to €9,530
of which Plant, machinery and equipment: +€4,384
- Reserves +€28,078
up €28,078 (+296%), from €9,473 to €37,552
- Tax, wage and social debts +€3,288
up €3,288 (+34.0%), from €9,681 to €12,969
- Gross operating margin +€24,781
up €24,781 (+157%), from €15,819 to €40,601
- Taxes +€4,533
up €4,533 (+133%), from €3,408 to €7,941
- Depreciation +€1,626
up €1,626 (+137%), from €1,185 to €2,811
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 | €24,770 | €56,531 | +€31,761 | +128% |
| Fixed assets | 21/28 | €6,536 | €9,530 | +€2,994 | +45.8% |
| Tangible fixed assets | 22/27 | €6,536 | €9,530 | +€2,994 | +45.8% |
| Plant, machinery and equipment | 23 | €905 | €5,289 | +€4,384 | +484% |
| Furniture and vehicles | 24 | €5,631 | €4,241 | -€1,390 | -24.7% |
| Current assets | 29/58 | €18,235 | €47,001 | +€28,766 | +158% |
| Amounts receivable within one year | 40/41 | €12,007 | €8,978 | -€3,028 | -25.2% |
| Trade receivables | 40 | €11,495 | €8,978 | -€2,517 | -21.9% |
| Other amounts receivable | 41 | €512 | - | -€512 | |
| Cash at bank and in hand | 54/58 | €5,421 | €37,180 | +€31,759 | +586% |
| Deferred charges and accrued income | 490/1 | €807 | €843 | +€36 | +4.4% |
| Total equity and liabilities | 10/49 | €24,770 | €56,531 | +€31,761 | +128% |
| Equity | 10/15 | €12,473 | €40,552 | +€28,078 | +225% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €9,473 | €37,552 | +€28,078 | +296% |
| Distributable reserves | 133 | €9,473 | €37,552 | +€28,078 | +296% |
| Amounts payable | 17/49 | €12,297 | €15,979 | +€3,682 | +29.9% |
| Amounts payable within one year | 42/48 | €12,249 | €15,979 | +€3,731 | +30.5% |
| Financial debts | 43 | - | €142 | +€142 | |
| Credit institutions | 430/8 | - | €142 | +€142 | |
| Trade debts | 44 | €169 | €191 | +€22 | +12.8% |
| Suppliers | 440/4 | €169 | €191 | +€22 | +12.8% |
| Taxes, remuneration and social security | 45 | €9,681 | €12,969 | +€3,288 | +34.0% |
| Taxes | 450/3 | €9,681 | €12,969 | +€3,288 | +34.0% |
| Other amounts payable | 47/48 | €2,399 | €2,678 | +€279 | +11.6% |
| Accrued charges and deferred income | 492/3 | €48 | - | -€48 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,185 | €2,811 | +€1,626 | +137% |
| Other operating charges | 640/8 | - | €46 | +€46 | |
| Gross operating margin | 9900 | €15,819 | €40,601 | +€24,781 | +157% |
| Operating profit (loss) | 9901 | €14,634 | €37,743 | +€23,109 | +158% |
| Financial charges | 65/66B | €35 | €58 | +€23 | +66.5% |
| Recurring financial charges | 65 | €35 | €58 | +€23 | +66.5% |
| Profit (loss) for the period before taxes | 9903 | €14,599 | €37,686 | +€23,086 | +158% |
| Income taxes | 67/77 | €3,408 | €7,941 | +€4,533 | +133% |
| Profit (loss) for the period | 9904 | €11,191 | €29,744 | +€18,553 | +166% |
| Profit (loss) for the period to be appropriated | 9905 | €11,191 | €29,744 | +€18,553 | +166% |
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 30 October 2026 via checked.be.