HELIMPRE-MOENAERT: 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.
HELIMPRE-MOENAERT
Largest movements
- Current investments +€75,000
new in 2025: €75,000
- Cash -€66,839
down €66,839 (-61.8%), from €108,146 to €41,307
mainly Current investments (-€75,000) and Investment in fixed assets (net) (-€33,489)
- Receivables within one year -€40,189
down €40,189 (-94.9%), from €42,327 to €2,138
of which Trade receivables: -€38,419
- Tangible fixed assets +€6,405
up €6,405 (+3.9%), from €165,285 to €171,690
of which Furniture and vehicles: +€30,292
- Stocks and contracts +€5,300
up €5,300 (+27.6%), from €19,200 to €24,500
- Profit (loss) carried forward -€23,773
down €23,773 (-21.4%), from -€110,995 to -€134,768
- Gross operating margin -€8,999
down €8,999 (-53.9%), from €16,697 to €7,698
- Depreciation +€2,992
up €2,992 (+12.4%), from €24,091 to €27,084
- Other operating charges +€1,853
up €1,853 (+74.7%), from €2,480 to €4,334
- Financial charges -€501
down €501 (-90.3%), from €555 to €54
of which Non-recurring financial charges: -€500
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 | €338,166 | €317,619 | -€20,546 | -6.1% |
| Fixed assets | 21/28 | €165,285 | €171,690 | +€6,405 | +3.9% |
| Tangible fixed assets | 22/27 | €165,285 | €171,690 | +€6,405 | +3.9% |
| Land and buildings | 22 | €160,308 | €138,895 | -€21,413 | -13.4% |
| Plant, machinery and equipment | 23 | €2,474 | - | -€2,474 | |
| Furniture and vehicles | 24 | €2,503 | €32,795 | +€30,292 | +1,210% |
| Current assets | 29/58 | €172,881 | €145,930 | -€26,951 | -15.6% |
| Stocks and contracts in progress | 3 | €19,200 | €24,500 | +€5,300 | +27.6% |
| Stocks | 30/36 | €19,200 | €24,500 | +€5,300 | +27.6% |
| Amounts receivable within one year | 40/41 | €42,327 | €2,138 | -€40,189 | -94.9% |
| Trade receivables | 40 | €40,302 | €1,883 | -€38,419 | -95.3% |
| Other amounts receivable | 41 | €2,025 | €254 | -€1,771 | -87.4% |
| Current investments | 50/53 | - | €75,000 | +€75,000 | |
| Cash at bank and in hand | 54/58 | €108,146 | €41,307 | -€66,839 | -61.8% |
| Deferred charges and accrued income | 490/1 | €3,207 | €2,984 | -€223 | -6.9% |
| Total equity and liabilities | 10/49 | €338,166 | €317,619 | -€20,546 | -6.1% |
| Equity | 10/15 | €140,505 | €116,732 | -€23,773 | -16.9% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €51,500 | €51,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €51,500 | €51,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€110,995 | -€134,768 | -€23,773 | -21.4% |
| Amounts payable | 17/49 | €197,661 | €200,888 | +€3,227 | +1.6% |
| Amounts payable within one year | 42/48 | €197,661 | €200,888 | +€3,227 | +1.6% |
| Trade debts | 44 | €2,108 | €2,158 | +€51 | +2.4% |
| Suppliers | 440/4 | €1,771 | €2,158 | +€387 | +21.9% |
| Bills of exchange payable | 441 | €337 | - | -€337 | |
| Taxes, remuneration and social security | 45 | €159 | €79 | -€80 | -50.2% |
| Taxes | 450/3 | €159 | €79 | -€80 | -50.2% |
| Other amounts payable | 47/48 | €195,394 | €198,651 | +€3,256 | +1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,091 | €27,084 | +€2,992 | +12.4% |
| Other operating charges | 640/8 | €2,480 | €4,334 | +€1,853 | +74.7% |
| Gross operating margin | 9900 | €16,697 | €7,698 | -€8,999 | -53.9% |
| Operating profit (loss) | 9901 | -€9,874 | -€23,719 | -€13,845 | -140% |
| Financial income | 75/76B | €0 | €0 | -€0 | -85.7% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -85.7% |
| Financial charges | 65/66B | €555 | €54 | -€501 | -90.3% |
| Recurring financial charges | 65 | €56 | €54 | -€2 | -2.7% |
| Non-recurring financial charges | 66B | €500 | - | -€500 | |
| Profit (loss) for the period before taxes | 9903 | -€10,429 | -€23,773 | -€13,344 | -128% |
| Profit (loss) for the period | 9904 | -€10,429 | -€23,773 | -€13,344 | -128% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,429 | -€23,773 | -€13,344 | -128% |
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 13 October 2026 via checked.be.