HELENA MANAGEMENT: 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.
HELENA MANAGEMENT
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Other debts -€22,133
down €22,133 (-2.2%), from €991,311 to €969,178
- Profit (loss) carried forward +€18,654
up €18,654 (+1.8%), from -€1.0m to -€991,657
- Tax, wage and social debts +€3,229
new in 2025: €3,229
- Trade debts +€250
up €250, from €0 to €250
- Financial income +€1.0m
new in 2025: €1.0m
of which Financial income: +€1.0m
- Financial charges +€1.0m
up €1.0m, from €0 to €1.0m
of which Financial charges: +€1.0m
- Gross operating margin +€27,099
up €27,099, from -€5,217 to €21,883
- Taxes +€3,229
new in 2025: €3,229
- Other operating charges -€720
down €720 (-100%), from €720 to €0
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Equity | 10/15 | -€991,311 | -€972,657 | +€18,654 | +1.9% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,010,311 | -€991,657 | +€18,654 | +1.8% |
| Amounts payable | 17/49 | €991,311 | €972,657 | -€18,654 | -1.9% |
| Amounts payable within one year | 42/48 | €991,311 | €972,657 | -€18,654 | -1.9% |
| Trade debts | 44 | €0 | €250 | +€250 | |
| Suppliers | 440/4 | €0 | €250 | +€250 | |
| Taxes, remuneration and social security | 45 | - | €3,229 | +€3,229 | |
| Taxes | 450/3 | - | €3,229 | +€3,229 | |
| Other amounts payable | 47/48 | €991,311 | €969,178 | -€22,133 | -2.2% |
| Non-recurring operating income | 76A | - | €23,460 | +€23,460 | |
| Other operating charges | 640/8 | €720 | €0 | -€720 | -100% |
| Gross operating margin | 9900 | -€5,217 | €21,883 | +€27,099 | |
| Operating profit (loss) | 9901 | -€5,937 | €21,883 | +€27,819 | |
| Financial income | 75/76B | - | €1,000,000 | +€1.0m | |
| Recurring financial income | 75 | - | €1,000,000 | +€1.0m | |
| Non-recurring financial income | 76B | - | €1,000,000 | +€1.0m | |
| Financial charges | 65/66B | €0 | €1,000,000 | +€1.0m | |
| Recurring financial charges | 65 | €0 | €1,000,000 | +€1.0m | |
| Non-recurring financial charges | 66B | - | €1,000,000 | +€1.0m | |
| Profit (loss) for the period before taxes | 9903 | -€5,937 | €21,883 | +€27,819 | |
| Income taxes | 67/77 | - | €3,229 | +€3,229 | |
| Profit (loss) for the period | 9904 | -€5,937 | €18,654 | +€24,591 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,937 | €18,654 | +€24,591 |
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 27 October 2026 via checked.be.