HELEN B & CO: what changed
What changed
HELEN B & CO
NACE 23.410, Manufacture of ceramic household and ornamental articles
filed annual accounts (NBB)
Net result for the year
-€14,889
2024 · €27,900-€42,789
Equity
€654,660
2024 · €669,550-€14,889
Cash
€313,851
2024 · €336,790-€22,939
Balance sheet total
€974,404
2024 · €1.1m-€93,884
Largest movements
Assets
- Stocks and contracts -€73,574
down €73,574 (-13.5%), from €545,082 to €471,509
- Cash -€22,939
down €22,939 (-6.8%), from €336,790 to €313,851
mainly Trade debts (-€109,963) and Investment in fixed assets (net) (-€34,859)
- Deferred charges and accrued income -€12,538
down €12,538 (-41.0%), from €30,610 to €18,072
- Receivables within one year +€12,254
up €12,254 (+18.2%), from €67,350 to €79,604
of which Trade receivables: +€32,833
Equity and liabilities
- Trade debts -€109,963
down €109,963 (-57.2%), from €192,128 to €82,165
- Tax, wage and social debts +€59,200
up €59,200 (+51.5%), from €114,972 to €174,173
of which Remuneration and social security: +€35,598
- Profit (loss) carried forward -€14,889
down €14,889, from €0 to -€14,889
- Accrued charges and deferred income -€14,554
down €14,554 (-41.5%), from €35,086 to €20,532
- Other debts -€12,528
down €12,528 (-42.1%), from €29,775 to €17,246
Income statement
- Staff costs +€100,961
up €100,961 (+21.1%), from €479,081 to €580,042
- Gross operating margin +€45,131
up €45,131 (+7.8%), from €575,559 to €620,690
- Taxes -€14,367
down €14,367, from €10,700 to -€3,667
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€27,900
Gross operating margin
+€45,131
Staff costs
-€100,961
Depreciation
-€1,360
Write-downs
-€2,118
Other operating charges
+€4,458
Financial income
-€1,624
Financial charges
-€682
Taxes
+€14,367
Result 2025
-€14,889
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€13,711
Investment
-€34,859
Financing
-€1,792
Cash 2024
€336,790
From operations (derived)
+€13,711
Net result for the year
-€14,889
Depreciation
+€31,946
Stocks and contracts
+€73,574
Receivables within one year
-€12,254
Deferred charges and accrued income
+€12,538
Trade debts
-€109,963
Tax, wage and social debts
+€59,200
Advances received
+€643
Other debts
-€12,528
Accrued charges and deferred income
-€14,554
Investment (derived)
-€34,859
Investment in fixed assets (net)
-€34,859
Financing
-€1,792
Debts after one year
-€764
Current portion of long-term debt
-€5,129
Short-term financial debts
+€4,101
Cash 2025
€313,851
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,068,287 | €974,404 | -€93,884 | -8.8% |
| Fixed assets | 21/28 | €88,455 | €91,368 | +€2,913 | +3.3% |
| Intangible fixed assets | 21 | €53,518 | €64,111 | +€10,593 | +19.8% |
| Tangible fixed assets | 22/27 | €18,037 | €10,240 | -€7,797 | -43.2% |
| Plant, machinery and equipment | 23 | €9,651 | €3,972 | -€5,680 | -58.8% |
| Furniture and vehicles | 24 | €8,386 | €6,268 | -€2,117 | -25.2% |
| Financial fixed assets | 28 | €16,900 | €17,017 | +€117 | +0.7% |
| Current assets | 29/58 | €979,832 | €883,036 | -€96,796 | -9.9% |
| Stocks and contracts in progress | 3 | €545,082 | €471,509 | -€73,574 | -13.5% |
| Stocks | 30/36 | €545,082 | €471,509 | -€73,574 | -13.5% |
| Amounts receivable within one year | 40/41 | €67,350 | €79,604 | +€12,254 | +18.2% |
| Trade receivables | 40 | €40,613 | €73,446 | +€32,833 | +80.8% |
| Other amounts receivable | 41 | €26,737 | €6,158 | -€20,579 | -77.0% |
| Cash at bank and in hand | 54/58 | €336,790 | €313,851 | -€22,939 | -6.8% |
| Deferred charges and accrued income | 490/1 | €30,610 | €18,072 | -€12,538 | -41.0% |
| Total equity and liabilities | 10/49 | €1,068,287 | €974,404 | -€93,884 | -8.8% |
| Equity | 10/15 | €669,550 | €654,660 | -€14,889 | -2.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €650,950 | €650,950 | = | 0.0% |
| Tax-exempt reserves | 132 | €9,000 | €9,000 | = | 0.0% |
| Distributable reserves | 133 | €641,950 | €641,950 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€14,889 | -€14,889 | |
| Amounts payable | 17/49 | €398,738 | €319,743 | -€78,994 | -19.8% |
| Amounts payable after more than one year | 17 | €764 | €0 | -€764 | -100% |
| Financial debts | 170/4 | €764 | €0 | -€764 | -100% |
| Amounts payable within one year | 42/48 | €362,887 | €299,212 | -€63,676 | -17.5% |
| Current portion of amounts payable after more than one year | 42 | €5,893 | €764 | -€5,129 | -87.0% |
| Financial debts | 43 | €9,122 | €13,223 | +€4,101 | +45.0% |
| Credit institutions | 430/8 | €9,122 | €13,223 | +€4,101 | +45.0% |
| Trade debts | 44 | €192,128 | €82,165 | -€109,963 | -57.2% |
| Suppliers | 440/4 | €192,128 | €82,165 | -€109,963 | -57.2% |
| Advances received on contracts in progress | 46 | €10,998 | €11,641 | +€643 | +5.8% |
| Taxes, remuneration and social security | 45 | €114,972 | €174,173 | +€59,200 | +51.5% |
| Taxes | 450/3 | €30,225 | €53,828 | +€23,602 | +78.1% |
| Remuneration and social security | 454/9 | €84,747 | €120,345 | +€35,598 | +42.0% |
| Other amounts payable | 47/48 | €29,775 | €17,246 | -€12,528 | -42.1% |
| Accrued charges and deferred income | 492/3 | €35,086 | €20,532 | -€14,554 | -41.5% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €479,081 | €580,042 | +€100,961 | +21.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,586 | €31,946 | +€1,360 | +4.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €2,118 | +€2,118 | |
| Other operating charges | 640/8 | €5,721 | €1,263 | -€4,458 | -77.9% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €575,559 | €620,690 | +€45,131 | +7.8% |
| Operating profit (loss) | 9901 | €60,171 | €5,320 | -€54,851 | -91.2% |
| Financial income | 75/76B | €1,779 | €155 | -€1,624 | -91.3% |
| Recurring financial income | 75 | €1,779 | €155 | -€1,624 | -91.3% |
| Financial charges | 65/66B | €23,351 | €24,032 | +€682 | +2.9% |
| Recurring financial charges | 65 | €23,351 | €24,032 | +€682 | +2.9% |
| Profit (loss) for the period before taxes | 9903 | €38,600 | -€18,556 | -€57,156 | |
| Income taxes | 67/77 | €10,700 | -€3,667 | -€14,367 | |
| Profit (loss) for the period | 9904 | €27,900 | -€14,889 | -€42,789 | |
| Profit (loss) for the period to be appropriated | 9905 | €27,900 | -€14,889 | -€42,789 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.