HELLEBUYCK: 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.
HELLEBUYCK
Largest movements
- Tangible fixed assets +€114,624
up €114,624 (+65.4%), from €175,358 to €289,982
- Stocks and contracts -€107,617
down €107,617 (-59.9%), from €179,744 to €72,127
- Receivables within one year -€93,100
down €93,100 (-41.9%), from €222,366 to €129,266
of which Trade receivables: -€102,306
- Cash +€17,150
up €17,150 (+13.0%), from €131,862 to €149,013
mainly Stocks and contracts (+€107,617) and Receivables within one year (+€93,100)
- Other debts -€75,848
down €75,848 (-60.4%), from €125,547 to €49,699
- Trade debts -€37,989
down €37,989 (-50.2%), from €75,649 to €37,660
- Reserves +€37,493
up €37,493 (+9.1%), from €410,153 to €447,646
of which Distributable reserves: +€37,493
- Debts after one year +€24,330
up €24,330, from €0 to €24,330
- Accrued charges and deferred income -€9,924
down €9,924 (-100%), from €9,924 to €0
- Depreciation +€15,356
up €15,356 (+35.8%), from €42,946 to €58,302
- Staff costs +€12,760
up €12,760 (+22.1%), from €57,634 to €70,394
- Gross operating margin +€7,387
up €7,387 (+2.9%), from €255,827 to €263,213
- Taxes -€6,743
down €6,743 (-17.4%), from €38,756 to €32,013
- Financial charges -€3,354
down €3,354 (-23.5%), from €14,302 to €10,948
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 | €719,810 | €655,060 | -€64,750 | -9.0% |
| Fixed assets | 21/28 | €178,942 | €297,641 | +€118,700 | +66.3% |
| Intangible fixed assets | 21 | €2,448 | €6,524 | +€4,076 | +167% |
| Tangible fixed assets | 22/27 | €175,358 | €289,982 | +€114,624 | +65.4% |
| Land and buildings | 22 | €148,090 | €124,879 | -€23,212 | -15.7% |
| Plant, machinery and equipment | 23 | €21,353 | €59,936 | +€38,583 | +181% |
| Furniture and vehicles | 24 | €5,916 | €54,838 | +€48,922 | +827% |
| Leasing and similar rights | 25 | - | €50,330 | +€50,330 | |
| Financial fixed assets | 28 | €1,135 | €1,135 | = | 0.0% |
| Current assets | 29/58 | €540,869 | €357,419 | -€183,450 | -33.9% |
| Stocks and contracts in progress | 3 | €179,744 | €72,127 | -€107,617 | -59.9% |
| Stocks | 30/36 | €179,744 | €72,127 | -€107,617 | -59.9% |
| Amounts receivable within one year | 40/41 | €222,366 | €129,266 | -€93,100 | -41.9% |
| Trade receivables | 40 | €197,324 | €95,019 | -€102,306 | -51.8% |
| Other amounts receivable | 41 | €25,042 | €34,247 | +€9,205 | +36.8% |
| Cash at bank and in hand | 54/58 | €131,862 | €149,013 | +€17,150 | +13.0% |
| Deferred charges and accrued income | 490/1 | €6,896 | €7,013 | +€117 | +1.7% |
| Total equity and liabilities | 10/49 | €719,810 | €655,060 | -€64,750 | -9.0% |
| Equity | 10/15 | €472,126 | €509,619 | +€37,493 | +7.9% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €410,153 | €447,646 | +€37,493 | +9.1% |
| Non-distributable reserves | 130/1 | €23,293 | €23,293 | = | 0.0% |
| Legal reserve | 130 | €23,293 | €23,293 | = | 0.0% |
| Distributable reserves | 133 | €386,860 | €424,353 | +€37,493 | +9.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €247,684 | €145,441 | -€102,243 | -41.3% |
| Amounts payable after more than one year | 17 | €0 | €24,330 | +€24,330 | |
| Financial debts | 170/4 | €0 | €24,330 | +€24,330 | |
| Amounts payable within one year | 42/48 | €237,760 | €121,110 | -€116,650 | -49.1% |
| Current portion of amounts payable after more than one year | 42 | €25,000 | €19,464 | -€5,536 | -22.1% |
| Trade debts | 44 | €75,649 | €37,660 | -€37,989 | -50.2% |
| Suppliers | 440/4 | €75,649 | €37,660 | -€37,989 | -50.2% |
| Taxes, remuneration and social security | 45 | €11,564 | €14,287 | +€2,723 | +23.5% |
| Taxes | 450/3 | €0 | €2,512 | +€2,512 | |
| Remuneration and social security | 454/9 | €11,564 | €11,775 | +€211 | +1.8% |
| Other amounts payable | 47/48 | €125,547 | €49,699 | -€75,848 | -60.4% |
| Accrued charges and deferred income | 492/3 | €9,924 | €0 | -€9,924 | -100% |
| Non-recurring operating income | 76A | - | €34,515 | +€34,515 | |
| Remuneration, social security and pensions | 62 | €57,634 | €70,394 | +€12,760 | +22.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,946 | €58,302 | +€15,356 | +35.8% |
| Other operating charges | 640/8 | €12,071 | €11,455 | -€616 | -5.1% |
| Gross operating margin | 9900 | €255,827 | €263,213 | +€7,387 | +2.9% |
| Operating profit (loss) | 9901 | €143,176 | €123,062 | -€20,114 | -14.0% |
| Financial income | 75/76B | €2,186 | €3,310 | +€1,124 | +51.4% |
| Recurring financial income | 75 | €2,186 | €3,310 | +€1,124 | +51.4% |
| Financial charges | 65/66B | €14,302 | €10,948 | -€3,354 | -23.5% |
| Recurring financial charges | 65 | €14,302 | €10,948 | -€3,354 | -23.5% |
| Profit (loss) for the period before taxes | 9903 | €131,060 | €115,425 | -€15,635 | -11.9% |
| Income taxes | 67/77 | €38,756 | €32,013 | -€6,743 | -17.4% |
| Profit (loss) for the period | 9904 | €92,303 | €83,411 | -€8,892 | -9.6% |
| Profit (loss) for the period to be appropriated | 9905 | €92,303 | €83,411 | -€8,892 | -9.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.