HELENE MACHIELS: what changed
HELENE MACHIELS
Largest movements
- Cash +€20,490
up €20,490 (+331%), from €6,197 to €26,687
mainly Net result for the year (+€32,213) and Tax, wage and social debts (+€15,472)
- Receivables within one year +€4,193
up €4,193 (+59.2%), from €7,079 to €11,271
- Tangible fixed assets -€711
down €711 (-22.2%), from €3,200 to €2,489
of which Furniture and vehicles: -€542
- Tax, wage and social debts +€15,472
up €15,472 (+431%), from €3,593 to €19,064
- Reserves +€12,000
up €12,000 (+480%), from €2,500 to €14,500
- Other debts -€4,134
no longer reported in 2025 (was €4,134)
- Profit (loss) carried forward +€716
up €716 (+416%), from €172 to €888
- Gross operating margin +€37,688
up €37,688 (+1,046%), from €3,603 to €41,292
- Purchases and services -€18,779
no longer reported in 2025 (was €18,779)
- Taxes +€7,575
up €7,575 (+984%), from €770 to €8,345
- Depreciation +€599
up €599 (+539%), from €111 to €711
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €16,475 | €40,447 | +€23,973 | +146% |
| Fixed assets | 21/28 | €3,200 | €2,489 | -€711 | -22.2% |
| Tangible fixed assets | 22/27 | €3,200 | €2,489 | -€711 | -22.2% |
| Furniture and vehicles | 24 | €1,554 | €1,012 | -€542 | -34.9% |
| Other tangible fixed assets | 26 | €1,646 | €1,477 | -€168 | -10.2% |
| Current assets | 29/58 | €13,275 | €37,958 | +€24,683 | +186% |
| Amounts receivable within one year | 40/41 | €7,079 | €11,271 | +€4,193 | +59.2% |
| Trade receivables | 40 | €7,079 | €11,271 | +€4,193 | +59.2% |
| Cash at bank and in hand | 54/58 | €6,197 | €26,687 | +€20,490 | +331% |
| Total equity and liabilities | 10/49 | €16,475 | €40,447 | +€23,973 | +146% |
| Equity | 10/15 | €7,672 | €20,388 | +€12,716 | +166% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Contributions outside capital | 11 | €5,000 | - | -€5,000 | |
| Share premium | 1100/10 | €5,000 | - | -€5,000 | |
| Reserves | 13 | €2,500 | €14,500 | +€12,000 | +480% |
| Distributable reserves | 133 | €2,500 | €14,500 | +€12,000 | +480% |
| Profit (loss) carried forward | 14 | €172 | €888 | +€716 | +416% |
| Amounts payable | 17/49 | €8,803 | €20,059 | +€11,256 | +128% |
| Amounts payable within one year | 42/48 | €8,803 | €20,059 | +€11,256 | +128% |
| Trade debts | 44 | €1,076 | €995 | -€82 | -7.6% |
| Suppliers | 440/4 | €1,076 | €995 | -€82 | -7.6% |
| Taxes, remuneration and social security | 45 | €3,593 | €19,064 | +€15,472 | +431% |
| Taxes | 450/3 | €3,593 | €19,064 | +€15,472 | +431% |
| Other amounts payable | 47/48 | €4,134 | - | -€4,134 | |
| Goods, raw materials, services and sundry goods | 60/61 | €18,779 | - | -€18,779 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €111 | €711 | +€599 | +539% |
| Other operating charges | 640/8 | €50 | - | -€50 | |
| Gross operating margin | 9900 | €3,603 | €41,292 | +€37,688 | +1,046% |
| Operating profit (loss) | 9901 | €3,442 | €40,581 | +€37,139 | +1,079% |
| Financial charges | 65/66B | - | €23 | +€23 | |
| Recurring financial charges | 65 | - | €23 | +€23 | |
| Profit (loss) for the period before taxes | 9903 | €3,442 | €40,558 | +€37,116 | +1,078% |
| Income taxes | 67/77 | €770 | €8,345 | +€7,575 | +984% |
| Profit (loss) for the period | 9904 | €2,672 | €32,213 | +€29,541 | +1,105% |
| Profit (loss) for the period to be appropriated | 9905 | €2,672 | €32,213 | +€29,541 | +1,105% |
Next steps
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.