HELENE HUB: 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.
HELENE HUB
Largest movements
- Receivables within one year +€2,484
up €2,484 (+441%), from €564 to €3,048
of which Trade receivables: +€2,511
- Cash +€2,378
up €2,378 (+112%), from €2,128 to €4,506
mainly Net result for the year (+€4,560) and Depreciation (+€2,184)
- Deferred charges and accrued income +€304
new in 2025: €304
- Profit (loss) carried forward +€4,560
up €4,560 (+5.5%), from -€82,890 to -€78,330
- Trade debts +€370
up €370 (+65.1%), from €568 to €938
- Tax, wage and social debts +€184
new in 2025: €184
- Other debts +€135
up €135 (+0.6%), from €22,622 to €22,758
- Gross operating margin +€8,544
up €8,544, from -€1,295 to €7,248
- Depreciation +€606
up €606 (+38.4%), from €1,578 to €2,184
- Financial income -€80
down €80 (-100.0%), from €80 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
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 | €5,400 | €10,649 | +€5,249 | +97.2% |
| Fixed assets | 21/28 | €2,709 | €2,791 | +€83 | +3.1% |
| Tangible fixed assets | 22/27 | €2,709 | €2,791 | +€83 | +3.1% |
| Furniture and vehicles | 24 | €2,709 | €2,791 | +€83 | +3.1% |
| Current assets | 29/58 | €2,692 | €7,858 | +€5,166 | +192% |
| Amounts receivable within one year | 40/41 | €564 | €3,048 | +€2,484 | +441% |
| Trade receivables | 40 | €537 | €3,048 | +€2,511 | +467% |
| Other amounts receivable | 41 | €26 | - | -€26 | |
| Cash at bank and in hand | 54/58 | €2,128 | €4,506 | +€2,378 | +112% |
| Deferred charges and accrued income | 490/1 | - | €304 | +€304 | |
| Total equity and liabilities | 10/49 | €5,400 | €10,649 | +€5,249 | +97.2% |
| Equity | 10/15 | -€17,790 | -€13,230 | +€4,560 | +25.6% |
| Contributions | 10/11 | €65,100 | €65,100 | = | 0.0% |
| Capital | 10 | €21,640 | €21,640 | = | 0.0% |
| Issued capital | 100 | €21,640 | €21,640 | = | 0.0% |
| Contributions outside capital | 11 | €43,460 | €43,460 | = | 0.0% |
| Share premium | 1100/10 | €43,460 | €43,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€82,890 | -€78,330 | +€4,560 | +5.5% |
| Amounts payable | 17/49 | €23,191 | €23,880 | +€689 | +3.0% |
| Amounts payable within one year | 42/48 | €23,191 | €23,880 | +€689 | +3.0% |
| Trade debts | 44 | €568 | €938 | +€370 | +65.1% |
| Suppliers | 440/4 | €568 | €938 | +€370 | +65.1% |
| Taxes, remuneration and social security | 45 | - | €184 | +€184 | |
| Taxes | 450/3 | - | €184 | +€184 | |
| Other amounts payable | 47/48 | €22,622 | €22,758 | +€135 | +0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,578 | €2,184 | +€606 | +38.4% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€1,295 | €7,248 | +€8,544 | |
| Operating profit (loss) | 9901 | -€3,261 | €4,664 | +€7,925 | |
| Financial income | 75/76B | €80 | €0 | -€80 | -100.0% |
| Recurring financial income | 75 | €80 | €0 | -€80 | -100.0% |
| Financial charges | 65/66B | €103 | €104 | +€1 | +1.1% |
| Recurring financial charges | 65 | €103 | €104 | +€1 | +1.1% |
| Profit (loss) for the period before taxes | 9903 | -€3,284 | €4,560 | +€7,844 | |
| Profit (loss) for the period | 9904 | -€3,284 | €4,560 | +€7,844 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,284 | €4,560 | +€7,844 |
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 25 October 2026 via checked.be.