HELINKA: 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.
HELINKA
Largest movements
- Cash +€70,067
up €70,067 (+42.9%), from €163,488 to €233,554
mainly Net result for the year (+€54,266) and Other debts (+€38,493)
- Tangible fixed assets -€20,831
down €20,831 (-22.1%), from €94,107 to €73,276
of which Land and buildings: -€19,120
- Receivables within one year -€7,611
down €7,611 (-91.3%), from €8,332 to €721
- Other debts +€38,493
up €38,493 (+313%), from €12,314 to €50,807
- Gross operating margin +€3,994
up €3,994 (+3.8%), from €103,998 to €107,992
- Taxes +€1,545
up €1,545 (+6.5%), from €23,779 to €25,324
- Depreciation -€1,091
down €1,091 (-5.0%), from €21,922 to €20,831
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 | €266,499 | €308,127 | +€41,628 | +15.6% |
| Fixed assets | 21/28 | €94,107 | €73,276 | -€20,831 | -22.1% |
| Tangible fixed assets | 22/27 | €94,107 | €73,276 | -€20,831 | -22.1% |
| Land and buildings | 22 | €90,684 | €71,565 | -€19,120 | -21.1% |
| Plant, machinery and equipment | 23 | €3,422 | €1,711 | -€1,711 | -50.0% |
| Current assets | 29/58 | €172,393 | €234,851 | +€62,459 | +36.2% |
| Amounts receivable within one year | 40/41 | €8,332 | €721 | -€7,611 | -91.3% |
| Other amounts receivable | 41 | €8,332 | €721 | -€7,611 | -91.3% |
| Cash at bank and in hand | 54/58 | €163,488 | €233,554 | +€70,067 | +42.9% |
| Deferred charges and accrued income | 490/1 | €572 | €576 | +€4 | +0.7% |
| Total equity and liabilities | 10/49 | €266,499 | €308,127 | +€41,628 | +15.6% |
| Equity | 10/15 | €253,537 | €253,671 | +€133 | +0.1% |
| Contributions | 10/11 | €21,000 | €21,000 | = | 0.0% |
| Reserves | 13 | €144,449 | €144,582 | +€133 | +0.1% |
| Distributable reserves | 133 | €144,449 | €144,582 | +€133 | +0.1% |
| Profit (loss) carried forward | 14 | €88,088 | €88,088 | = | 0.0% |
| Amounts payable | 17/49 | €12,962 | €54,457 | +€41,495 | +320% |
| Amounts payable within one year | 42/48 | €12,962 | €54,457 | +€41,495 | +320% |
| Taxes, remuneration and social security | 45 | €648 | €3,650 | +€3,002 | +463% |
| Taxes | 450/3 | €648 | €3,650 | +€3,002 | +463% |
| Other amounts payable | 47/48 | €12,314 | €50,807 | +€38,493 | +313% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,922 | €20,831 | -€1,091 | -5.0% |
| Other operating charges | 640/8 | €7,298 | €7,526 | +€228 | +3.1% |
| Gross operating margin | 9900 | €103,998 | €107,992 | +€3,994 | +3.8% |
| Operating profit (loss) | 9901 | €74,778 | €79,635 | +€4,857 | +6.5% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €44 | €45 | +€2 | +3.4% |
| Recurring financial charges | 65 | €44 | €45 | +€2 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | €74,735 | €79,590 | +€4,855 | +6.5% |
| Income taxes | 67/77 | €23,779 | €25,324 | +€1,545 | +6.5% |
| Profit (loss) for the period | 9904 | €50,955 | €54,266 | +€3,310 | +6.5% |
| Profit (loss) for the period to be appropriated | 9905 | €50,955 | €54,266 | +€3,310 | +6.5% |
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.