HELDERWIT: what changed
Two fiscal 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.
HELDERWIT
Largest movements
- Tangible fixed assets +€30,732
up €30,732 (+277.4%), from €11,077 to €41,808
- Cash -€6,270
down €6,270 (-57.6%), from €10,891 to €4,621
mainly Investment in fixed assets (net) (-€39,269) and Net result for the year (-€16,262)
- Deferred charges and accrued income +€1,076
up €1,076 (+1896.9%), from €57 to €1,132
- Formation expenses -€704
down €704 (-24.6%), from €2,864 to €2,160
- Debts after one year +€24,452
new in 2025: €24,452
- Profit (loss) carried forward -€16,262
down €16,262 (-185.1%), from -€8,788 to -€25,049
- Other debts +€7,650
up €7,650 (+22.0%), from €34,803 to €42,453
- Current portion of long-term debt +€6,739
new in 2025: €6,739
- Tax, wage and social debts +€1,507
up €1,507 (+670.4%), from €225 to €1,732
- Depreciation +€7,645
up €7,645 (+478.9%), from €1,596 to €9,241
- Financial charges -€785
down €785 (-37.7%), from €2,081 to €1,296
- Other operating charges +€363
up €363 (+71.4%), from €508 to €871
- Taxes +€338
new in 2025: €338
- Gross operating margin +€104
up €104 (+2.3%), from -€4,619 to -€4,515
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 | €29,962 | €54,453 | +€24,491 | +81.7% |
| Formation expenses | 20 | €2,864 | €2,160 | -€704 | -24.6% |
| Fixed assets | 21/28 | €11,077 | €41,808 | +€30,732 | +277.4% |
| Tangible fixed assets | 22/27 | €11,077 | €41,808 | +€30,732 | +277.4% |
| Furniture and vehicles | 24 | €11,077 | €41,808 | +€30,732 | +277.4% |
| Current assets | 29/58 | €16,021 | €10,485 | -€5,536 | -34.6% |
| Amounts receivable within one year | 40/41 | €5,074 | €4,731 | -€343 | -6.8% |
| Trade receivables | 40 | €4,538 | €4,731 | +€194 | +4.3% |
| Other amounts receivable | 41 | €536 | - | -€536 | |
| Cash at bank and in hand | 54/58 | €10,891 | €4,621 | -€6,270 | -57.6% |
| Deferred charges and accrued income | 490/1 | €57 | €1,132 | +€1,076 | +1896.9% |
| Total equity and liabilities | 10/49 | €29,962 | €54,453 | +€24,491 | +81.7% |
| Equity | 10/15 | -€6,288 | -€22,549 | -€16,262 | -258.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,788 | -€25,049 | -€16,262 | -185.1% |
| Amounts payable | 17/49 | €36,250 | €77,002 | +€40,753 | +112.4% |
| Amounts payable after more than one year | 17 | - | €24,452 | +€24,452 | |
| Financial debts | 170/4 | - | €24,452 | +€24,452 | |
| Amounts payable within one year | 42/48 | €36,250 | €52,550 | +€16,301 | +45.0% |
| Current portion of amounts payable after more than one year | 42 | - | €6,739 | +€6,739 | |
| Trade debts | 44 | €1,222 | €1,627 | +€405 | +33.1% |
| Suppliers | 440/4 | €1,222 | €1,627 | +€405 | +33.1% |
| Taxes, remuneration and social security | 45 | €225 | €1,732 | +€1,507 | +670.4% |
| Taxes | 450/3 | €225 | €1,732 | +€1,507 | +670.4% |
| Other amounts payable | 47/48 | €34,803 | €42,453 | +€7,650 | +22.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,596 | €9,241 | +€7,645 | +478.9% |
| Other operating charges | 640/8 | €508 | €871 | +€363 | +71.4% |
| Gross operating margin | 9900 | -€4,619 | -€4,515 | +€104 | +2.3% |
| Operating profit (loss) | 9901 | -€6,724 | -€14,628 | -€7,904 | -117.6% |
| Financial income | 75/76B | €18 | €0 | -€18 | -99.9% |
| Recurring financial income | 75 | €18 | €0 | -€18 | -99.9% |
| Financial charges | 65/66B | €2,081 | €1,296 | -€785 | -37.7% |
| Recurring financial charges | 65 | €2,081 | €1,296 | -€785 | -37.7% |
| Profit (loss) for the period before taxes | 9903 | -€8,788 | -€15,924 | -€7,136 | -81.2% |
| Income taxes | 67/77 | - | €338 | +€338 | |
| Profit (loss) for the period | 9904 | -€8,788 | -€16,262 | -€7,474 | -85.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,788 | -€16,262 | -€7,474 | -85.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.