HELENE VINCENT: 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 VINCENT
Largest movements
- Tangible fixed assets -€6,063
down €6,063 (-99.5%), from €6,097 to €33
- Receivables within one year +€1,185
up €1,185 (+91.2%), from €1,300 to €2,485
- Deferred charges and accrued income -€687
down €687 (-98.5%), from €698 to €11
- Cash -€442
down €442 (-26.4%), from €1,674 to €1,232
mainly Debts after one year (-€4,335) and Net result for the year (-€2,878)
- Financial fixed assets +€100
new in 2025: €100
- Debts after one year -€4,335
no longer reported in 2025 (was €4,335)
- Profit (loss) carried forward -€2,878
down €2,878 (-35.8%), from -€8,040 to -€10,918
- Tax, wage and social debts +€714
up €714 (+199%), from €359 to €1,073
- Current portion of long-term debt +€519
up €519 (+13.6%), from €3,817 to €4,335
- Gross operating margin +€1,570
up €1,570 (+45.0%), from €3,493 to €5,063
- Taxes +€714
up €714 (+199%), from €359 to €1,073
- Financial charges -€171
down €171 (-33.5%), from €511 to €340
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 | €9,769 | €3,861 | -€5,907 | -60.5% |
| Fixed assets | 21/28 | €6,097 | €133 | -€5,963 | -97.8% |
| Tangible fixed assets | 22/27 | €6,097 | €33 | -€6,063 | -99.5% |
| Furniture and vehicles | 24 | €6,097 | €33 | -€6,063 | -99.5% |
| Financial fixed assets | 28 | - | €100 | +€100 | |
| Current assets | 29/58 | €3,672 | €3,728 | +€56 | +1.5% |
| Amounts receivable within one year | 40/41 | €1,300 | €2,485 | +€1,185 | +91.2% |
| Trade receivables | 40 | €1,300 | €2,485 | +€1,185 | +91.2% |
| Cash at bank and in hand | 54/58 | €1,674 | €1,232 | -€442 | -26.4% |
| Deferred charges and accrued income | 490/1 | €698 | €11 | -€687 | -98.5% |
| Total equity and liabilities | 10/49 | €9,769 | €3,861 | -€5,907 | -60.5% |
| Equity | 10/15 | -€1,540 | -€4,418 | -€2,878 | -187% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,040 | -€10,918 | -€2,878 | -35.8% |
| Amounts payable | 17/49 | €11,309 | €8,279 | -€3,029 | -26.8% |
| Amounts payable after more than one year | 17 | €4,335 | - | -€4,335 | |
| Financial debts | 170/4 | €4,335 | - | -€4,335 | |
| Amounts payable within one year | 42/48 | €6,973 | €8,279 | +€1,306 | +18.7% |
| Current portion of amounts payable after more than one year | 42 | €3,817 | €4,335 | +€519 | +13.6% |
| Taxes, remuneration and social security | 45 | €359 | €1,073 | +€714 | +199% |
| Taxes | 450/3 | €359 | €1,073 | +€714 | +199% |
| Other amounts payable | 47/48 | €2,798 | €2,871 | +€74 | +2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,063 | €6,063 | = | 0.0% |
| Other operating charges | 640/8 | €451 | €465 | +€14 | +3.2% |
| Gross operating margin | 9900 | €3,493 | €5,063 | +€1,570 | +45.0% |
| Operating profit (loss) | 9901 | -€3,022 | -€1,466 | +€1,556 | +51.5% |
| Financial income | 75/76B | €0 | €0 | +€0 | +2,600% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +2,600% |
| Financial charges | 65/66B | €511 | €340 | -€171 | -33.5% |
| Recurring financial charges | 65 | €511 | €340 | -€171 | -33.5% |
| Profit (loss) for the period before taxes | 9903 | -€3,533 | -€1,806 | +€1,727 | +48.9% |
| Income taxes | 67/77 | €359 | €1,073 | +€714 | +199% |
| Profit (loss) for the period | 9904 | -€3,892 | -€2,878 | +€1,014 | +26.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,892 | -€2,878 | +€1,014 | +26.0% |
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 19 October 2026 via checked.be.