HELLO TREE: 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 TREE
Largest movements
- Cash -€5,423
down €5,423 (-70.4%), from €7,705 to €2,282
mainly Other debts (-€8,640) and Tax, wage and social debts (-€4,588)
- Receivables within one year -€3,473
down €3,473 (-37.0%), from €9,388 to €5,915
of which Trade receivables: -€2,333
- Tangible fixed assets -€1,281
down €1,281 (-60.0%), from €2,135 to €854
of which Plant, machinery and equipment: -€724
- Other debts -€8,640
down €8,640 (-56.9%), from €15,173 to €6,533
- Tax, wage and social debts -€4,588
down €4,588 (-77.7%), from €5,904 to €1,316
- Reserves +€3,509
up €3,509 (+22.2%), from €15,792 to €19,302
- Trade debts -€417
down €417 (-22.7%), from €1,836 to €1,418
- Gross operating margin -€16,632
down €16,632 (-71.4%), from €23,298 to €6,666
- Taxes -€4,588
down €4,588 (-77.7%), from €5,904 to €1,316
- Financial charges +€356
up €356 (+331%), from €107 to €463
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 | €40,705 | €30,569 | -€10,136 | -24.9% |
| Fixed assets | 21/28 | €2,135 | €854 | -€1,281 | -60.0% |
| Tangible fixed assets | 22/27 | €2,135 | €854 | -€1,281 | -60.0% |
| Plant, machinery and equipment | 23 | €1,440 | €715 | -€724 | -50.3% |
| Furniture and vehicles | 24 | €695 | €139 | -€556 | -80.0% |
| Current assets | 29/58 | €38,571 | €29,715 | -€8,856 | -23.0% |
| Stocks and contracts in progress | 3 | €21,039 | €21,039 | = | 0.0% |
| Stocks | 30/36 | €21,039 | €21,039 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €9,388 | €5,915 | -€3,473 | -37.0% |
| Trade receivables | 40 | €2,981 | €648 | -€2,333 | -78.3% |
| Other amounts receivable | 41 | €6,407 | €5,266 | -€1,141 | -17.8% |
| Cash at bank and in hand | 54/58 | €7,705 | €2,282 | -€5,423 | -70.4% |
| Deferred charges and accrued income | 490/1 | €438 | €479 | +€41 | +9.3% |
| Total equity and liabilities | 10/49 | €40,705 | €30,569 | -€10,136 | -24.9% |
| Equity | 10/15 | €17,792 | €21,302 | +€3,509 | +19.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €15,792 | €19,302 | +€3,509 | +22.2% |
| Distributable reserves | 133 | €15,792 | €19,302 | +€3,509 | +22.2% |
| Amounts payable | 17/49 | €22,913 | €9,267 | -€13,645 | -59.6% |
| Amounts payable within one year | 42/48 | €22,913 | €9,267 | -€13,645 | -59.6% |
| Trade debts | 44 | €1,836 | €1,418 | -€417 | -22.7% |
| Suppliers | 440/4 | €1,836 | €1,418 | -€417 | -22.7% |
| Taxes, remuneration and social security | 45 | €5,904 | €1,316 | -€4,588 | -77.7% |
| Taxes | 450/3 | €5,904 | €1,316 | -€4,588 | -77.7% |
| Other amounts payable | 47/48 | €15,173 | €6,533 | -€8,640 | -56.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,388 | €1,281 | -€108 | -7.8% |
| Other operating charges | 640/8 | €106 | €97 | -€9 | -8.3% |
| Gross operating margin | 9900 | €23,298 | €6,666 | -€16,632 | -71.4% |
| Operating profit (loss) | 9901 | €21,804 | €5,288 | -€16,516 | -75.7% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €107 | €463 | +€356 | +331% |
| Recurring financial charges | 65 | €107 | €463 | +€356 | +331% |
| Profit (loss) for the period before taxes | 9903 | €21,696 | €4,825 | -€16,871 | -77.8% |
| Income taxes | 67/77 | €5,904 | €1,316 | -€4,588 | -77.7% |
| Profit (loss) for the period | 9904 | €15,792 | €3,509 | -€12,283 | -77.8% |
| Profit (loss) for the period to be appropriated | 9905 | €15,792 | €3,509 | -€12,283 | -77.8% |
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 26 October 2026 via checked.be.