Hélène Visée: 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.
Hélène Visée
Largest movements
- Cash +€19,884
up €19,884 (+1,021%), from €1,947 to €21,831
mainly Net result for the year (+€12,654) and Depreciation (+€4,495)
- Tangible fixed assets -€4,495
down €4,495 (-21.1%), from €21,298 to €16,803
- Deferred charges and accrued income -€670
no longer reported in 2025 (was €670)
- Profit (loss) carried forward +€12,654
up €12,654, from -€3,575 to €9,079
- Tax, wage and social debts +€2,350
new in 2025: €2,350
- Gross operating margin +€22,240
up €22,240, from -€2,377 to €19,863
- Depreciation +€3,320
up €3,320 (+283%), from €1,175 to €4,495
- Taxes +€2,350
new in 2025: €2,350
- Financial charges +€202
up €202 (+869%), from €23 to €225
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 | €23,914 | €38,634 | +€14,720 | +61.6% |
| Fixed assets | 21/28 | €21,298 | €16,803 | -€4,495 | -21.1% |
| Tangible fixed assets | 22/27 | €21,298 | €16,803 | -€4,495 | -21.1% |
| Plant, machinery and equipment | 23 | €21,298 | €16,803 | -€4,495 | -21.1% |
| Current assets | 29/58 | €2,617 | €21,831 | +€19,215 | +734% |
| Cash at bank and in hand | 54/58 | €1,947 | €21,831 | +€19,884 | +1,021% |
| Deferred charges and accrued income | 490/1 | €670 | - | -€670 | |
| Total equity and liabilities | 10/49 | €23,914 | €38,634 | +€14,720 | +61.6% |
| Equity | 10/15 | -€3,475 | €9,179 | +€12,654 | |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,575 | €9,079 | +€12,654 | |
| Amounts payable | 17/49 | €27,389 | €29,456 | +€2,066 | +7.5% |
| Amounts payable within one year | 42/48 | €27,389 | €29,456 | +€2,066 | +7.5% |
| Trade debts | 44 | - | €30 | +€30 | |
| Suppliers | 440/4 | - | €30 | +€30 | |
| Taxes, remuneration and social security | 45 | - | €2,350 | +€2,350 | |
| Taxes | 450/3 | - | €2,350 | +€2,350 | |
| Other amounts payable | 47/48 | €27,389 | €27,076 | -€314 | -1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,175 | €4,495 | +€3,320 | +283% |
| Other operating charges | 640/8 | - | €140 | +€140 | |
| Gross operating margin | 9900 | -€2,377 | €19,863 | +€22,240 | |
| Operating profit (loss) | 9901 | -€3,552 | €15,229 | +€18,780 | |
| Financial charges | 65/66B | €23 | €225 | +€202 | +869% |
| Recurring financial charges | 65 | €23 | €225 | +€202 | +869% |
| Profit (loss) for the period before taxes | 9903 | -€3,575 | €15,004 | +€18,578 | |
| Income taxes | 67/77 | - | €2,350 | +€2,350 | |
| Profit (loss) for the period | 9904 | -€3,575 | €12,654 | +€16,228 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,575 | €12,654 | +€16,228 |
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.