HELEO CONSULT: 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.
HELEO CONSULT
Largest movements
- Tangible fixed assets -€46,405
down €46,405 (-18.6%), from €249,594 to €203,189
of which Furniture and vehicles: -€25,517
- Cash +€27,625
up €27,625 (+197%), from €14,033 to €41,658
mainly Net result for the year (+€145,939) and Tax, wage and social debts (+€53,877)
- Deferred charges and accrued income +€15,449
up €15,449 (+429%), from €3,600 to €19,049
- Receivables within one year -€10,370
down €10,370 (-16.2%), from €64,105 to €53,735
of which Other amounts receivable: -€13,370
- Reserves -€74,061
down €74,061 (-95.0%), from €78,000 to €3,939
- Tax, wage and social debts +€53,877
up €53,877 (+319%), from €16,869 to €70,746
- Other debts +€49,434
up €49,434 (+100%), from €49,402 to €98,836
- Debts after one year -€29,131
down €29,131 (-25.3%), from €115,084 to €85,954
- Current portion of long-term debt -€16,565
down €16,565 (-36.3%), from €45,695 to €29,131
- Gross operating margin +€135,566
up €135,566 (+117%), from €116,084 to €251,650
- Taxes +€35,753
up €35,753 (+208%), from €17,177 to €52,931
- Depreciation +€7,888
up €7,888 (+20.5%), from €38,516 to €46,405
- Financial charges +€3,192
up €3,192 (+108%), from €2,944 to €6,136
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 | €331,332 | €317,631 | -€13,701 | -4.1% |
| Fixed assets | 21/28 | €249,594 | €203,189 | -€46,405 | -18.6% |
| Tangible fixed assets | 22/27 | €249,594 | €203,189 | -€46,405 | -18.6% |
| Plant, machinery and equipment | 23 | €6,587 | €1,154 | -€5,433 | -82.5% |
| Furniture and vehicles | 24 | €80,118 | €54,601 | -€25,517 | -31.8% |
| Other tangible fixed assets | 26 | €162,888 | €147,433 | -€15,455 | -9.5% |
| Current assets | 29/58 | €81,739 | €114,442 | +€32,704 | +40.0% |
| Amounts receivable within one year | 40/41 | €64,105 | €53,735 | -€10,370 | -16.2% |
| Trade receivables | 40 | - | €3,000 | +€3,000 | |
| Other amounts receivable | 41 | €64,105 | €50,735 | -€13,370 | -20.9% |
| Cash at bank and in hand | 54/58 | €14,033 | €41,658 | +€27,625 | +197% |
| Deferred charges and accrued income | 490/1 | €3,600 | €19,049 | +€15,449 | +429% |
| Total equity and liabilities | 10/49 | €331,332 | €317,631 | -€13,701 | -4.1% |
| Equity | 10/15 | €96,600 | €22,539 | -€74,061 | -76.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €78,000 | €3,939 | -€74,061 | -95.0% |
| Distributable reserves | 133 | €78,000 | €3,939 | -€74,061 | -95.0% |
| Amounts payable | 17/49 | €234,732 | €295,093 | +€60,361 | +25.7% |
| Amounts payable after more than one year | 17 | €115,084 | €85,954 | -€29,131 | -25.3% |
| Financial debts | 170/4 | €115,084 | €85,954 | -€29,131 | -25.3% |
| Amounts payable within one year | 42/48 | €119,648 | €209,139 | +€89,491 | +74.8% |
| Current portion of amounts payable after more than one year | 42 | €45,695 | €29,131 | -€16,565 | -36.3% |
| Financial debts | 43 | - | €9,968 | +€9,968 | |
| Credit institutions | 430/8 | - | €9,968 | +€9,968 | |
| Trade debts | 44 | €7,682 | €459 | -€7,223 | -94.0% |
| Suppliers | 440/4 | €7,682 | €459 | -€7,223 | -94.0% |
| Taxes, remuneration and social security | 45 | €16,869 | €70,746 | +€53,877 | +319% |
| Taxes | 450/3 | €16,869 | €70,746 | +€53,877 | +319% |
| Other amounts payable | 47/48 | €49,402 | €98,836 | +€49,434 | +100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,516 | €46,405 | +€7,888 | +20.5% |
| Other operating charges | 640/8 | €451 | €477 | +€26 | +5.7% |
| Gross operating margin | 9900 | €116,084 | €251,650 | +€135,566 | +117% |
| Operating profit (loss) | 9901 | €77,117 | €204,769 | +€127,651 | +166% |
| Financial income | 75/76B | €1 | €237 | +€236 | +47,204% |
| Recurring financial income | 75 | €1 | €237 | +€236 | +47,204% |
| Financial charges | 65/66B | €2,944 | €6,136 | +€3,192 | +108% |
| Recurring financial charges | 65 | €2,944 | €6,136 | +€3,192 | +108% |
| Profit (loss) for the period before taxes | 9903 | €74,174 | €198,869 | +€124,695 | +168% |
| Income taxes | 67/77 | €17,177 | €52,931 | +€35,753 | +208% |
| Profit (loss) for the period | 9904 | €56,996 | €145,939 | +€88,942 | +156% |
| Profit (loss) for the period to be appropriated | 9905 | €56,996 | €145,939 | +€88,942 | +156% |
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 26 October 2026 via checked.be.