HELLINGS HYDRAULICS: 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.
HELLINGS HYDRAULICS
Largest movements
- Cash +€448,488
up €448,488 (+866.1%), from €51,782 to €500,270
mainly Net result for the year (+€412,038) and Investment in fixed assets (net) (+€21,998)
- Tangible fixed assets -€22,298
down €22,298 (-99.7%), from €22,357 to €59
of which Land and buildings: -€21,998
- Receivables within one year +€8,426
up €8,426 (+512.7%), from €1,643 to €10,070
of which Other amounts receivable: +€10,070
- Reserves +€400,391
up €400,391 (+594.5%), from €67,354 to €467,745
- Tax, wage and social debts +€17,981
new in 2025: €17,981
- Profit (loss) carried forward +€11,647
up €11,647, from -€11,647 to €0
- Gross operating margin +€591,149
up €591,149, from -€32,205 to €558,945
- Taxes +€142,566
up €142,566 (+34342.4%), from €415 to €142,981
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 | €76,469 | €510,598 | +€434,129 | +567.7% |
| Fixed assets | 21/28 | €22,557 | €259 | -€22,298 | -98.9% |
| Tangible fixed assets | 22/27 | €22,357 | €59 | -€22,298 | -99.7% |
| Land and buildings | 22 | €21,998 | €0 | -€21,998 | -100.0% |
| Plant, machinery and equipment | 23 | €359 | €59 | -€300 | -83.7% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €53,913 | €510,340 | +€456,427 | +846.6% |
| Amounts receivable within one year | 40/41 | €1,643 | €10,070 | +€8,426 | +512.7% |
| Trade receivables | 40 | €1,643 | €0 | -€1,643 | -100.0% |
| Other amounts receivable | 41 | €0 | €10,070 | +€10,070 | |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €51,782 | €500,270 | +€448,488 | +866.1% |
| Deferred charges and accrued income | 490/1 | €487 | €0 | -€487 | -100.0% |
| Total equity and liabilities | 10/49 | €76,469 | €510,598 | +€434,129 | +567.7% |
| Equity | 10/15 | €74,299 | €486,337 | +€412,038 | +554.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €67,354 | €467,745 | +€400,391 | +594.5% |
| Distributable reserves | 133 | €67,354 | €467,745 | +€400,391 | +594.5% |
| Profit (loss) carried forward | 14 | -€11,647 | €0 | +€11,647 | |
| Amounts payable | 17/49 | €2,170 | €24,261 | +€22,090 | +1017.8% |
| Amounts payable within one year | 42/48 | €170 | €18,011 | +€17,840 | +10467.9% |
| Trade debts | 44 | €170 | €30 | -€140 | -82.4% |
| Suppliers | 440/4 | €170 | €30 | -€140 | -82.4% |
| Taxes, remuneration and social security | 45 | - | €17,981 | +€17,981 | |
| Taxes | 450/3 | - | €17,981 | +€17,981 | |
| Accrued charges and deferred income | 492/3 | €2,000 | €6,250 | +€4,250 | +212.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €300 | €300 | = | 0.0% |
| Other operating charges | 640/8 | €3,706 | €3,640 | -€66 | -1.8% |
| Gross operating margin | 9900 | -€32,205 | €558,945 | +€591,149 | |
| Operating profit (loss) | 9901 | -€36,211 | €555,004 | +€591,215 | |
| Financial income | 75/76B | €1,384 | €70 | -€1,314 | -95.0% |
| Recurring financial income | 75 | €1,384 | €70 | -€1,314 | -95.0% |
| Financial charges | 65/66B | €55 | €55 | -€0 | -0.3% |
| Recurring financial charges | 65 | €55 | €55 | -€0 | -0.3% |
| Profit (loss) for the period before taxes | 9903 | -€34,882 | €555,019 | +€589,901 | |
| Income taxes | 67/77 | €415 | €142,981 | +€142,566 | +34342.4% |
| Profit (loss) for the period | 9904 | -€35,297 | €412,038 | +€447,335 | |
| Profit (loss) for the period to be appropriated | 9905 | -€35,297 | €412,038 | +€447,335 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.