Helleboogh: 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.
Helleboogh
Largest movements
- Cash +€81,516
up €81,516 (+153%), from €53,309 to €134,825
mainly Other debts (+€136,450) and Net result for the year (+€75,575)
- Receivables within one year -€20,052
down €20,052 (-48.0%), from €41,780 to €21,728
of which Trade receivables: -€19,755
- Tangible fixed assets -€12,192
down €12,192 (-27.0%), from €45,147 to €32,955
of which Furniture and vehicles: -€11,487
- Other debts +€136,450
up €136,450, from €0 to €136,450
- Profit (loss) carried forward -€74,516
down €74,516 (-100%), from €74,516 to €0
- Debts after one year -€11,712
down €11,712 (-43.4%), from €26,992 to €15,280
No income-statement line moved by more than 1% of the activity.
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 | €144,897 | €195,539 | +€50,642 | +35.0% |
| Fixed assets | 21/28 | €45,147 | €32,955 | -€12,192 | -27.0% |
| Tangible fixed assets | 22/27 | €45,147 | €32,955 | -€12,192 | -27.0% |
| Land and buildings | 22 | €2,150 | €1,445 | -€705 | -32.8% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €42,997 | €31,510 | -€11,487 | -26.7% |
| Current assets | 29/58 | €99,750 | €162,584 | +€62,834 | +63.0% |
| Amounts receivable within one year | 40/41 | €41,780 | €21,728 | -€20,052 | -48.0% |
| Trade receivables | 40 | €37,147 | €17,393 | -€19,755 | -53.2% |
| Other amounts receivable | 41 | €4,633 | €4,336 | -€298 | -6.4% |
| Cash at bank and in hand | 54/58 | €53,309 | €134,825 | +€81,516 | +153% |
| Deferred charges and accrued income | 490/1 | €4,660 | €6,031 | +€1,371 | +29.4% |
| Total equity and liabilities | 10/49 | €144,897 | €195,539 | +€50,642 | +35.0% |
| Equity | 10/15 | €94,909 | €20,393 | -€74,516 | -78.5% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,843 | €1,843 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,843 | €1,843 | = | 0.0% |
| Profit (loss) carried forward | 14 | €74,516 | €0 | -€74,516 | -100% |
| Amounts payable | 17/49 | €49,988 | €175,146 | +€125,158 | +250% |
| Amounts payable after more than one year | 17 | €26,992 | €15,280 | -€11,712 | -43.4% |
| Financial debts | 170/4 | €26,992 | €15,280 | -€11,712 | -43.4% |
| Amounts payable within one year | 42/48 | €22,996 | €159,866 | +€136,870 | +595% |
| Current portion of amounts payable after more than one year | 42 | €11,276 | €11,712 | +€436 | +3.9% |
| Financial debts | 43 | €326 | €249 | -€77 | -23.5% |
| Credit institutions | 430/8 | €326 | €249 | -€77 | -23.5% |
| Trade debts | 44 | €716 | €725 | +€9 | +1.3% |
| Suppliers | 440/4 | €716 | €725 | +€9 | +1.3% |
| Taxes, remuneration and social security | 45 | €10,678 | €10,730 | +€51 | +0.5% |
| Taxes | 450/3 | €10,678 | €10,730 | +€51 | +0.5% |
| Other amounts payable | 47/48 | €0 | €136,450 | +€136,450 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,537 | €16,141 | -€396 | -2.4% |
| Other operating charges | 640/8 | €515 | €576 | +€62 | +12.0% |
| Gross operating margin | 9900 | €112,778 | €113,223 | +€445 | +0.4% |
| Operating profit (loss) | 9901 | €95,726 | €96,505 | +€779 | +0.8% |
| Financial income | 75/76B | €499 | €652 | +€153 | +30.6% |
| Recurring financial income | 75 | €499 | €652 | +€153 | +30.6% |
| Financial charges | 65/66B | €1,856 | €1,440 | -€415 | -22.4% |
| Recurring financial charges | 65 | €1,856 | €1,440 | -€415 | -22.4% |
| Profit (loss) for the period before taxes | 9903 | €94,370 | €95,717 | +€1,347 | +1.4% |
| Income taxes | 67/77 | €19,854 | €20,142 | +€288 | +1.5% |
| Profit (loss) for the period | 9904 | €74,516 | €75,575 | +€1,059 | +1.4% |
| Profit (loss) for the period to be appropriated | 9905 | €74,516 | €75,575 | +€1,059 | +1.4% |
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 20 October 2026 via checked.be.