Hellespont: what changed
Two fiscal 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.
Hellespont
Largest movements
- Cash -€6,582
down €6,582 (-44.5%), from €14,805 to €8,223
mainly Net result for the year (-€7,895) and Deferred charges and accrued income (-€4,717)
- Deferred charges and accrued income +€4,717
up €4,717 (+230.9%), from €2,043 to €6,760
- Tangible fixed assets -€1,421
down €1,421 (-28.2%), from €5,046 to €3,626
of which Furniture and vehicles: -€2,224
- Receivables within one year +€1,192
up €1,192 (+4729.7%), from €25 to €1,217
- Receivables after one year +€1,072
up €1,072 (+2.5%), from €42,646 to €43,718
- Trade debts +€8,767
up €8,767 (+499.2%), from €1,756 to €10,523
- Reserves -€7,895
down €7,895 (-17.1%), from €46,070 to €38,175
- Tax, wage and social debts -€933
down €933 (-6.5%), from €14,409 to €13,476
- Gross operating margin -€11,192
down €11,192, from €9,692 to -€1,500
- Depreciation -€3,067
down €3,067 (-56.4%), from €5,437 to €2,370
- Financial charges +€2,828
up €2,828 (+590.0%), from €479 to €3,307
- Taxes -€2,474
down €2,474 (-88.5%), from €2,796 to €323
- Other operating charges +€121
up €121 (+8.5%), from €1,430 to €1,550
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €64,566 | €63,544 | -€1,022 | -1.6% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €5,046 | €3,626 | -€1,421 | -28.2% |
| Tangible fixed assets | 22/27 | €5,046 | €3,626 | -€1,421 | -28.2% |
| Plant, machinery and equipment | 23 | - | €803 | +€803 | |
| Furniture and vehicles | 24 | €5,046 | €2,823 | -€2,224 | -44.1% |
| Current assets | 29/58 | €59,519 | €59,918 | +€399 | +0.7% |
| Amounts receivable after more than one year | 29 | €42,646 | €43,718 | +€1,072 | +2.5% |
| Other amounts receivable | 291 | €42,646 | €43,718 | +€1,072 | +2.5% |
| Amounts receivable within one year | 40/41 | €25 | €1,217 | +€1,192 | +4729.7% |
| Other amounts receivable | 41 | €25 | €1,217 | +€1,192 | +4729.7% |
| Cash at bank and in hand | 54/58 | €14,805 | €8,223 | -€6,582 | -44.5% |
| Deferred charges and accrued income | 490/1 | €2,043 | €6,760 | +€4,717 | +230.9% |
| Total equity and liabilities | 10/49 | €64,566 | €63,544 | -€1,022 | -1.6% |
| Equity | 10/15 | €46,570 | €38,675 | -€7,895 | -17.0% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €46,070 | €38,175 | -€7,895 | -17.1% |
| Distributable reserves | 133 | €46,070 | €38,175 | -€7,895 | -17.1% |
| Amounts payable | 17/49 | €17,995 | €24,868 | +€6,873 | +38.2% |
| Amounts payable within one year | 42/48 | €17,995 | €24,868 | +€6,873 | +38.2% |
| Current portion of amounts payable after more than one year | 42 | €424 | - | -€424 | |
| Trade debts | 44 | €1,756 | €10,523 | +€8,767 | +499.2% |
| Suppliers | 440/4 | €1,756 | €10,523 | +€8,767 | +499.2% |
| Taxes, remuneration and social security | 45 | €14,409 | €13,476 | -€933 | -6.5% |
| Taxes | 450/3 | €14,409 | €13,476 | -€933 | -6.5% |
| Other amounts payable | 47/48 | €1,406 | €869 | -€537 | -38.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,437 | €2,370 | -€3,067 | -56.4% |
| Other operating charges | 640/8 | €1,430 | €1,550 | +€121 | +8.5% |
| Gross operating margin | 9900 | €9,692 | -€1,500 | -€11,192 | |
| Operating profit (loss) | 9901 | €2,825 | -€5,420 | -€8,245 | |
| Financial income | 75/76B | €1,074 | €1,155 | +€80 | +7.5% |
| Recurring financial income | 75 | €1,074 | €1,155 | +€80 | +7.5% |
| Financial charges | 65/66B | €479 | €3,307 | +€2,828 | +590.0% |
| Recurring financial charges | 65 | €479 | €3,307 | +€2,828 | +590.0% |
| Profit (loss) for the period before taxes | 9903 | €3,420 | -€7,573 | -€10,993 | |
| Income taxes | 67/77 | €2,796 | €323 | -€2,474 | -88.5% |
| Profit (loss) for the period | 9904 | €624 | -€7,895 | -€8,520 | |
| Profit (loss) for the period to be appropriated | 9905 | €624 | -€7,895 | -€8,520 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.