HELLEMANS BART CONS.: 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.
HELLEMANS BART CONS.
Largest movements
- Tangible fixed assets -€10,524
down €10,524 (-23.0%), from €45,730 to €35,205
- Current investments +€10,314
up €10,314 (+12.3%), from €84,131 to €94,445
- Receivables within one year -€9,155
down €9,155 (-51.8%), from €17,687 to €8,533
of which Trade receivables: -€5,016
- Deferred charges and accrued income -€4,325
down €4,325 (-76.9%), from €5,625 to €1,300
- Short-term financial debts -€10,071
down €10,071 (-11.7%), from €86,071 to €76,000
of which Credit institutions: -€9,062
- Tax, wage and social debts -€4,150
no longer reported in 2025 (was €4,150)
- Gross operating margin -€3,612
down €3,612 (-16.0%), from €22,588 to €18,976
- Depreciation +€1,577
up €1,577 (+14.4%), from €10,980 to €12,557
- Financial charges -€1,542
down €1,542 (-16.8%), from €9,182 to €7,640
- Financial income +€1,068
up €1,068 (+29.4%), from €3,626 to €4,694
- Taxes -€377
down €377 (-32.0%), from €1,179 to €802
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.
Cash bridge derived
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 | €375,241 | €362,060 | -€13,181 | -3.5% |
| Fixed assets | 21/28 | €46,982 | €36,036 | -€10,947 | -23.3% |
| Intangible fixed assets | 21 | €1,253 | €831 | -€422 | -33.7% |
| Tangible fixed assets | 22/27 | €45,730 | €35,205 | -€10,524 | -23.0% |
| Land and buildings | 22 | €21,864 | €18,082 | -€3,783 | -17.3% |
| Plant, machinery and equipment | 23 | €19,885 | €15,759 | -€4,127 | -20.8% |
| Furniture and vehicles | 24 | €3,980 | €1,365 | -€2,615 | -65.7% |
| Current assets | 29/58 | €328,259 | €326,024 | -€2,234 | -0.7% |
| Amounts receivable within one year | 40/41 | €17,687 | €8,533 | -€9,155 | -51.8% |
| Trade receivables | 40 | €12,278 | €7,262 | -€5,016 | -40.9% |
| Other amounts receivable | 41 | €5,409 | €1,271 | -€4,138 | -76.5% |
| Current investments | 50/53 | €84,131 | €94,445 | +€10,314 | +12.3% |
| Cash at bank and in hand | 54/58 | €220,815 | €221,746 | +€931 | +0.4% |
| Deferred charges and accrued income | 490/1 | €5,625 | €1,300 | -€4,325 | -76.9% |
| Total equity and liabilities | 10/49 | €375,241 | €362,060 | -€13,181 | -3.5% |
| Equity | 10/15 | €193,310 | €194,914 | +€1,604 | +0.8% |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Reserves | 13 | €153,476 | €155,080 | +€1,604 | +1.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €151,616 | €153,220 | +€1,604 | +1.1% |
| Profit (loss) carried forward | 14 | €33,629 | €33,629 | = | 0.0% |
| Amounts payable | 17/49 | €181,931 | €167,146 | -€14,785 | -8.1% |
| Amounts payable within one year | 42/48 | €180,219 | €167,146 | -€13,073 | -7.3% |
| Financial debts | 43 | €86,071 | €76,000 | -€10,071 | -11.7% |
| Credit institutions | 430/8 | €9,062 | - | -€9,062 | |
| Other loans | 439 | €77,010 | €76,000 | -€1,010 | -1.3% |
| Trade debts | 44 | €4,011 | €2,356 | -€1,655 | -41.3% |
| Suppliers | 440/4 | €4,011 | €2,356 | -€1,655 | -41.3% |
| Taxes, remuneration and social security | 45 | €4,150 | - | -€4,150 | |
| Taxes | 450/3 | €4,150 | - | -€4,150 | |
| Other amounts payable | 47/48 | €85,987 | €88,790 | +€2,802 | +3.3% |
| Accrued charges and deferred income | 492/3 | €1,712 | - | -€1,712 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,980 | €12,557 | +€1,577 | +14.4% |
| Other operating charges | 640/8 | €1,108 | €1,066 | -€42 | -3.8% |
| Gross operating margin | 9900 | €22,588 | €18,976 | -€3,612 | -16.0% |
| Operating profit (loss) | 9901 | €10,500 | €5,352 | -€5,148 | -49.0% |
| Financial income | 75/76B | €3,626 | €4,694 | +€1,068 | +29.4% |
| Recurring financial income | 75 | €3,626 | €4,694 | +€1,068 | +29.4% |
| Financial charges | 65/66B | €9,182 | €7,640 | -€1,542 | -16.8% |
| Recurring financial charges | 65 | €9,182 | €7,640 | -€1,542 | -16.8% |
| Profit (loss) for the period before taxes | 9903 | €4,944 | €2,406 | -€2,538 | -51.3% |
| Income taxes | 67/77 | €1,179 | €802 | -€377 | -32.0% |
| Profit (loss) for the period | 9904 | €3,766 | €1,604 | -€2,161 | -57.4% |
| Profit (loss) for the period to be appropriated | 9905 | €3,766 | €1,604 | -€2,161 | -57.4% |
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 9 October 2026 via checked.be.