HELLINX: 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.
HELLINX
Largest movements
- Receivables within one year +€53,223
up €53,223 (+651.2%), from €8,173 to €61,396
- Cash -€19,982
down €19,982 (-42.3%), from €47,293 to €27,310
mainly Receivables within one year (-€53,223) and Accrued charges and deferred income (-€2,942)
- Tangible fixed assets -€13,464
down €13,464 (-25.2%), from €53,507 to €40,044
- Reserves +€16,949
up €16,949 (+87.7%), from €19,324 to €36,273
- Gross operating margin +€16,010
up €16,010 (+35.4%), from €45,198 to €61,208
- Taxes +€7,376
up €7,376 (+969.2%), from €761 to €8,137
- Financial charges -€2,755
down €2,755 (-10.9%), from €25,233 to €22,478
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 | €978,617 | €996,872 | +€18,254 | +1.9% |
| Fixed assets | 21/28 | €921,057 | €907,594 | -€13,464 | -1.5% |
| Tangible fixed assets | 22/27 | €53,507 | €40,044 | -€13,464 | -25.2% |
| Furniture and vehicles | 24 | €53,507 | €40,044 | -€13,464 | -25.2% |
| Financial fixed assets | 28 | €867,550 | €867,550 | = | 0.0% |
| Current assets | 29/58 | €57,560 | €89,278 | +€31,718 | +55.1% |
| Amounts receivable within one year | 40/41 | €8,173 | €61,396 | +€53,223 | +651.2% |
| Other amounts receivable | 41 | €8,173 | €61,396 | +€53,223 | +651.2% |
| Cash at bank and in hand | 54/58 | €47,293 | €27,310 | -€19,982 | -42.3% |
| Deferred charges and accrued income | 490/1 | €2,094 | €571 | -€1,523 | -72.7% |
| Total equity and liabilities | 10/49 | €978,617 | €996,872 | +€18,254 | +1.9% |
| Equity | 10/15 | €632,964 | €649,913 | +€16,949 | +2.7% |
| Contributions | 10/11 | €315,800 | €315,800 | = | 0.0% |
| Reserves | 13 | €19,324 | €36,273 | +€16,949 | +87.7% |
| Distributable reserves | 133 | €19,324 | €36,273 | +€16,949 | +87.7% |
| Profit (loss) carried forward | 14 | €297,841 | €297,841 | = | 0.0% |
| Amounts payable | 17/49 | €345,653 | €346,958 | +€1,305 | +0.4% |
| Amounts payable within one year | 42/48 | €320,490 | €324,738 | +€4,247 | +1.3% |
| Trade debts | 44 | €2,027 | €1,489 | -€538 | -26.6% |
| Suppliers | 440/4 | €2,027 | €1,489 | -€538 | -26.6% |
| Taxes, remuneration and social security | 45 | €5,670 | €8,342 | +€2,672 | +47.1% |
| Taxes | 450/3 | €2,816 | €5,487 | +€2,672 | +94.9% |
| Remuneration and social security | 454/9 | €2,854 | €2,854 | = | 0.0% |
| Other amounts payable | 47/48 | €312,793 | €314,907 | +€2,114 | +0.7% |
| Accrued charges and deferred income | 492/3 | €25,163 | €22,221 | -€2,942 | -11.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,464 | €13,464 | = | 0.0% |
| Other operating charges | 640/8 | €147 | €186 | +€39 | +26.4% |
| Gross operating margin | 9900 | €45,198 | €61,208 | +€16,010 | +35.4% |
| Operating profit (loss) | 9901 | €31,587 | €47,558 | +€15,971 | +50.6% |
| Financial income | 75/76B | €5 | €5 | -€0 | -2.6% |
| Recurring financial income | 75 | €5 | €5 | -€0 | -2.6% |
| Financial charges | 65/66B | €25,233 | €22,478 | -€2,755 | -10.9% |
| Recurring financial charges | 65 | €25,233 | €22,478 | -€2,755 | -10.9% |
| Profit (loss) for the period before taxes | 9903 | €6,360 | €25,086 | +€18,726 | +294.5% |
| Income taxes | 67/77 | €761 | €8,137 | +€7,376 | +969.2% |
| Profit (loss) for the period | 9904 | €5,599 | €16,949 | +€11,351 | +202.7% |
| Profit (loss) for the period to be appropriated | 9905 | €5,599 | €16,949 | +€11,351 | +202.7% |
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 30 September 2026 via checked.be.