HELLOGEST: 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.
HELLOGEST
Largest movements
- Cash +€170,544
up €170,544 (+2,714%), from €6,284 to €176,829
mainly Debts after one year (+€212,499) and Net result for the year (+€65,761)
- Stocks and contracts +€141,843
up €141,843 (+813%), from €17,443 to €159,286
of which Contracts in progress: +€158,498
- Receivables within one year +€42,078
up €42,078 (+330%), from €12,743 to €54,821
of which Trade receivables: +€43,046
- Tangible fixed assets -€16,358
down €16,358 (-41.8%), from €39,139 to €22,782
of which Leasing and similar rights: -€9,425
- Debts after one year +€212,499
up €212,499 (+473%), from €44,910 to €257,409
- Tax, wage and social debts +€48,845
up €48,845 (+1,265%), from €3,861 to €52,706
of which Taxes: +€45,866
- Profit (loss) carried forward +€33,859
no longer reported in 2025 (was -€33,859)
- Reserves +€31,903
up €31,903 (+428%), from €7,460 to €39,363
- Trade debts +€13,069
up €13,069 (+74.4%), from €17,563 to €30,632
- Gross operating margin +€108,483
up €108,483 (+444%), from €24,408 to €132,891
- Staff costs +€13,692
up €13,692 (+53.8%), from €25,438 to €39,130
- Financial charges +€12,114
up €12,114 (+249%), from €4,871 to €16,985
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 | €75,803 | €414,755 | +€338,953 | +447% |
| Fixed assets | 21/28 | €39,247 | €22,890 | -€16,358 | -41.7% |
| Tangible fixed assets | 22/27 | €39,139 | €22,782 | -€16,358 | -41.8% |
| Furniture and vehicles | 24 | - | €1,118 | +€1,118 | |
| Leasing and similar rights | 25 | €31,089 | €21,664 | -€9,425 | -30.3% |
| Assets under construction and advance payments | 27 | €8,050 | - | -€8,050 | |
| Financial fixed assets | 28 | €108 | €108 | = | 0.0% |
| Current assets | 29/58 | €36,555 | €391,866 | +€355,311 | +972% |
| Stocks and contracts in progress | 3 | €17,443 | €159,286 | +€141,843 | +813% |
| Stocks | 30/36 | €17,443 | €788 | -€16,655 | -95.5% |
| Contracts in progress | 37 | - | €158,498 | +€158,498 | |
| Amounts receivable within one year | 40/41 | €12,743 | €54,821 | +€42,078 | +330% |
| Trade receivables | 40 | €11,207 | €54,252 | +€43,046 | +384% |
| Other amounts receivable | 41 | €1,537 | €569 | -€968 | -63.0% |
| Cash at bank and in hand | 54/58 | €6,284 | €176,829 | +€170,544 | +2,714% |
| Deferred charges and accrued income | 490/1 | €85 | €931 | +€846 | +995% |
| Total equity and liabilities | 10/49 | €75,803 | €414,755 | +€338,953 | +447% |
| Equity | 10/15 | -€25,398 | €40,363 | +€65,761 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €7,460 | €39,363 | +€31,903 | +428% |
| Distributable reserves | 133 | €7,460 | €39,363 | +€31,903 | +428% |
| Profit (loss) carried forward | 14 | -€33,859 | - | +€33,859 | |
| Amounts payable | 17/49 | €101,201 | €374,392 | +€273,192 | +270% |
| Amounts payable after more than one year | 17 | €44,910 | €257,409 | +€212,499 | +473% |
| Financial debts | 170/4 | €44,910 | €257,409 | +€212,499 | +473% |
| Amounts payable within one year | 42/48 | €56,291 | €116,984 | +€60,692 | +108% |
| Current portion of amounts payable after more than one year | 42 | €16,762 | €18,097 | +€1,335 | +8.0% |
| Trade debts | 44 | €17,563 | €30,632 | +€13,069 | +74.4% |
| Suppliers | 440/4 | €17,563 | €30,632 | +€13,069 | +74.4% |
| Taxes, remuneration and social security | 45 | €3,861 | €52,706 | +€48,845 | +1,265% |
| Taxes | 450/3 | €687 | €46,553 | +€45,866 | +6,673% |
| Remuneration and social security | 454/9 | €3,174 | €6,153 | +€2,979 | +93.9% |
| Other amounts payable | 47/48 | €18,104 | €15,548 | -€2,556 | -14.1% |
| Remuneration, social security and pensions | 62 | €25,438 | €39,130 | +€13,692 | +53.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,425 | €9,822 | +€397 | +4.2% |
| Other operating charges | 640/8 | €187 | €313 | +€125 | +66.9% |
| Non-recurring operating charges | 66A | €993 | - | -€993 | |
| Gross operating margin | 9900 | €24,408 | €132,891 | +€108,483 | +444% |
| Operating profit (loss) | 9901 | -€11,634 | €83,627 | +€95,261 | |
| Financial income | 75/76B | €60 | €278 | +€218 | +364% |
| Recurring financial income | 75 | €60 | €278 | +€218 | +364% |
| Financial charges | 65/66B | €4,871 | €16,985 | +€12,114 | +249% |
| Recurring financial charges | 65 | €4,871 | €16,985 | +€12,114 | +249% |
| Profit (loss) for the period before taxes | 9903 | -€16,446 | €66,920 | +€83,365 | |
| Income taxes | 67/77 | - | €1,158 | +€1,158 | |
| Profit (loss) for the period | 9904 | -€16,446 | €65,761 | +€82,207 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,446 | €65,761 | +€82,207 |
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 14 October 2026 via checked.be.