HELLEBUYCK A: what changed
HELLEBUYCK A
Largest movements
- Tangible fixed assets +€47,164
up €47,164 (+12,362%), from €382 to €47,545
of which Furniture and vehicles: +€44,358
- Stocks and contracts +€29,575
new in 2026: €29,575
- Cash +€21,128
up €21,128 (+40.3%), from €52,444 to €73,571
mainly Other debts (+€41,317) and Debts after one year (+€32,007)
- Receivables within one year +€17,332
new in 2026: €17,332
of which Trade receivables: +€15,250
- Other debts +€41,317
up €41,317 (+4,050%), from €1,020 to €42,337
- Debts after one year +€32,007
new in 2026: €32,007
- Reserves +€27,973
up €27,973 (+136%), from €20,626 to €48,599
- Current portion of long-term debt +€9,167
new in 2026: €9,167
- Tax, wage and social debts +€5,509
up €5,509 (+53.0%), from €10,401 to €15,910
- Gross operating margin +€22,613
up €22,613 (+85.9%), from €26,329 to €48,942
- Depreciation +€8,815
up €8,815 (+9,242%), from €95 to €8,910
- Financial charges +€2,927
up €2,927 (+1,091%), from €268 to €3,195
- Taxes +€2,549
up €2,549 (+47.5%), from €5,369 to €7,918
- Other operating charges +€1,033
new in 2026: €1,033
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €52,825 | €169,266 | +€116,441 | +220% |
| Fixed assets | 21/28 | €382 | €47,545 | +€47,164 | +12,362% |
| Tangible fixed assets | 22/27 | €382 | €47,545 | +€47,164 | +12,362% |
| Plant, machinery and equipment | 23 | €382 | €3,188 | +€2,806 | +735% |
| Furniture and vehicles | 24 | - | €44,358 | +€44,358 | |
| Current assets | 29/58 | €52,444 | €121,721 | +€69,277 | +132% |
| Stocks and contracts in progress | 3 | - | €29,575 | +€29,575 | |
| Stocks | 30/36 | - | €29,575 | +€29,575 | |
| Amounts receivable within one year | 40/41 | - | €17,332 | +€17,332 | |
| Trade receivables | 40 | - | €15,250 | +€15,250 | |
| Other amounts receivable | 41 | - | €2,082 | +€2,082 | |
| Cash at bank and in hand | 54/58 | €52,444 | €73,571 | +€21,128 | +40.3% |
| Deferred charges and accrued income | 490/1 | - | €1,242 | +€1,242 | |
| Total equity and liabilities | 10/49 | €52,825 | €169,266 | +€116,441 | +220% |
| Equity | 10/15 | €40,626 | €68,599 | +€27,973 | +68.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €20,626 | €48,599 | +€27,973 | +136% |
| Distributable reserves | 133 | €20,626 | €48,599 | +€27,973 | +136% |
| Amounts payable | 17/49 | €12,200 | €100,667 | +€88,467 | +725% |
| Amounts payable after more than one year | 17 | - | €32,007 | +€32,007 | |
| Financial debts | 170/4 | - | €32,007 | +€32,007 | |
| Amounts payable within one year | 42/48 | €12,200 | €67,415 | +€55,215 | +453% |
| Current portion of amounts payable after more than one year | 42 | - | €9,167 | +€9,167 | |
| Trade debts | 44 | €779 | - | -€779 | |
| Suppliers | 440/4 | €779 | - | -€779 | |
| Taxes, remuneration and social security | 45 | €10,401 | €15,910 | +€5,509 | +53.0% |
| Taxes | 450/3 | €10,401 | €15,910 | +€5,509 | +53.0% |
| Other amounts payable | 47/48 | €1,020 | €42,337 | +€41,317 | +4,050% |
| Accrued charges and deferred income | 492/3 | - | €1,245 | +€1,245 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €95 | €8,910 | +€8,815 | +9,242% |
| Other operating charges | 640/8 | - | €1,033 | +€1,033 | |
| Gross operating margin | 9900 | €26,329 | €48,942 | +€22,613 | +85.9% |
| Operating profit (loss) | 9901 | €26,234 | €38,998 | +€12,764 | +48.7% |
| Financial income | 75/76B | €29 | €88 | +€59 | +200% |
| Recurring financial income | 75 | €29 | €88 | +€59 | +200% |
| Financial charges | 65/66B | €268 | €3,195 | +€2,927 | +1,091% |
| Recurring financial charges | 65 | €268 | €3,195 | +€2,927 | +1,091% |
| Profit (loss) for the period before taxes | 9903 | €25,995 | €35,891 | +€9,896 | +38.1% |
| Income taxes | 67/77 | €5,369 | €7,918 | +€2,549 | +47.5% |
| Profit (loss) for the period | 9904 | €20,626 | €27,973 | +€7,348 | +35.6% |
| Profit (loss) for the period to be appropriated | 9905 | €20,626 | €27,973 | +€7,348 | +35.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.