HELLO BELGIQUE: 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.
HELLO BELGIQUE
Largest movements
- Cash -€76,217
down €76,217 (-33.2%), from €229,456 to €153,239
mainly Trade debts (-€279,732) and Receivables within one year (-€17,983)
- Intangible fixed assets -€53,063
down €53,063 (-27.3%), from €194,514 to €141,451
- Receivables within one year +€17,983
up €17,983 (+54.2%), from €33,155 to €51,138
of which Trade receivables: +€16,212
- Trade debts -€279,732
down €279,732 (-96.0%), from €291,397 to €11,665
of which Suppliers: -€279,732
- Profit (loss) carried forward +€115,254
up €115,254 (+24.5%), from -€471,285 to -€356,031
- Other debts +€32,039
up €32,039 (+12.0%), from €267,407 to €299,446
- Tax, wage and social debts +€19,146
up €19,146 (+23.3%), from €81,998 to €101,144
of which Remuneration and social security: +€14,912
- Accrued charges and deferred income -€8,815
down €8,815 (-33.6%), from €26,214 to €17,399
- Services and other goods -€119,419
down €119,419 (-20.0%), from €596,865 to €477,446
- Turnover +€114,262
up €114,262 (+6.5%), from €1.8m to €1.9m
- Staff costs +€96,759
up €96,759 (+19.5%), from €495,036 to €591,795
- Depreciation -€19,732
down €19,732 (-24.6%), from €80,339 to €60,607
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.
Derived cash bridge
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 | €795,731 | €673,622 | -€122,109 | -15.3% |
| Fixed assets | 21/28 | €300,860 | €240,296 | -€60,564 | -20.1% |
| Intangible fixed assets | 21 | €194,514 | €141,451 | -€53,063 | -27.3% |
| Tangible fixed assets | 22/27 | €11,743 | €4,242 | -€7,501 | -63.9% |
| Plant, machinery and equipment | 23 | €10,875 | €4,079 | -€6,796 | -62.5% |
| Other tangible fixed assets | 26 | €868 | €163 | -€705 | -81.2% |
| Financial fixed assets | 28 | €94,603 | €94,603 | = | 0.0% |
| Affiliated companies | 280/1 | €0 | - | = | |
| Companies linked by participating interests | 282/3 | €0 | - | = | |
| Other financial fixed assets | 284/8 | €94,603 | €94,603 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €94,603 | €94,603 | = | 0.0% |
| Current assets | 29/58 | €494,871 | €433,326 | -€61,545 | -12.4% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €228,349 | €228,734 | +€385 | +0.2% |
| Stocks | 30/36 | €228,349 | €228,734 | +€385 | +0.2% |
| Goods purchased for resale | 34 | €228,349 | €228,734 | +€385 | +0.2% |
| Amounts receivable within one year | 40/41 | €33,155 | €51,138 | +€17,983 | +54.2% |
| Trade receivables | 40 | €31,039 | €47,251 | +€16,212 | +52.2% |
| Other amounts receivable | 41 | €2,116 | €3,887 | +€1,771 | +83.7% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €229,456 | €153,239 | -€76,217 | -33.2% |
| Deferred charges and accrued income | 490/1 | €3,911 | €215 | -€3,696 | -94.5% |
| Total equity and liabilities | 10/49 | €795,731 | €673,622 | -€122,109 | -15.3% |
| Equity | 10/15 | €128,715 | €243,969 | +€115,254 | +89.5% |
| Contributions | 10/11 | €600,000 | €600,000 | = | 0.0% |
| Contributions outside capital | 11 | €600,000 | - | -€600,000 | |
| Other | 1109/19 | €600,000 | - | -€600,000 | |
| Profit (loss) carried forward | 14 | -€471,285 | -€356,031 | +€115,254 | +24.5% |
| Amounts payable | 17/49 | €667,016 | €429,653 | -€237,363 | -35.6% |
| Amounts payable within one year | 42/48 | €640,802 | €412,255 | -€228,547 | -35.7% |
| Trade debts | 44 | €291,397 | €11,665 | -€279,732 | -96.0% |
| Suppliers | 440/4 | €288,627 | €8,895 | -€279,732 | -96.9% |
| Bills of exchange payable | 441 | €2,770 | €2,770 | -€0 | 0.0% |
| Taxes, remuneration and social security | 45 | €81,998 | €101,144 | +€19,146 | +23.3% |
| Taxes | 450/3 | €23,267 | €27,500 | +€4,233 | +18.2% |
| Remuneration and social security | 454/9 | €58,731 | €73,643 | +€14,912 | +25.4% |
| Other amounts payable | 47/48 | €267,407 | €299,446 | +€32,039 | +12.0% |
| Accrued charges and deferred income | 492/3 | €26,214 | €17,399 | -€8,815 | -33.6% |
| Operating income | 70/76A | €1,776,991 | €1,905,804 | +€128,813 | +7.2% |
| Turnover | 70 | €1,764,850 | €1,879,112 | +€114,262 | +6.5% |
| Other operating income | 74 | €12,141 | €26,691 | +€14,550 | +120% |
| Operating charges | 60/66A | €1,819,053 | €1,768,420 | -€50,633 | -2.8% |
| Goods for resale, raw materials and consumables | 60 | €608,832 | €621,271 | +€12,439 | +2.0% |
| Purchases | 600/8 | €545,317 | €621,656 | +€76,339 | +14.0% |
| Change in stocks: decrease (increase) | 609 | €63,515 | -€385 | -€63,900 | |
| Services and other goods | 61 | €596,865 | €477,446 | -€119,419 | -20.0% |
| Remuneration, social security and pensions | 62 | €495,036 | €591,795 | +€96,759 | +19.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €80,339 | €60,607 | -€19,732 | -24.6% |
| Other operating charges | 640/8 | €19,645 | €17,301 | -€2,344 | -11.9% |
| Non-recurring operating charges | 66A | €18,336 | - | -€18,336 | |
| Operating profit (loss) | 9901 | -€42,062 | €137,384 | +€179,446 | |
| Financial income | 75/76B | €1,461 | €2,965 | +€1,504 | +103% |
| Recurring financial income | 75 | €1,461 | €2,965 | +€1,504 | +103% |
| Other financial income | 752/9 | €1,461 | €2,965 | +€1,504 | +103% |
| Financial charges | 65/66B | €11,158 | €25,096 | +€13,938 | +125% |
| Recurring financial charges | 65 | €11,158 | €25,096 | +€13,938 | +125% |
| Debt charges | 650 | €10,903 | €10,991 | +€88 | +0.8% |
| Other financial charges | 652/9 | €255 | €14,105 | +€13,850 | +5,431% |
| Profit (loss) for the period before taxes | 9903 | -€51,759 | €115,254 | +€167,013 | |
| Profit (loss) for the period | 9904 | -€51,759 | €115,254 | +€167,013 | |
| Profit (loss) for the period to be appropriated | 9905 | -€51,759 | €115,254 | +€167,013 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.