HELMAR: 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.
HELMAR
Largest movements
- Cash +€4,061
up €4,061 (+102.9%), from €3,946 to €8,006
mainly Net result for the year (+€3,501) and Tax, wage and social debts (+€2,091)
- Tangible fixed assets -€949
no longer reported in 2025 (was €949)
- Profit (loss) carried forward +€3,501
up €3,501 (+70.2%), from €4,990 to €8,491
- Other debts -€2,441
down €2,441 (-3.6%), from €67,767 to €65,326
- Tax, wage and social debts +€2,091
up €2,091 (+36.8%), from €5,686 to €7,778
of which Taxes: +€2,091
- Gross operating margin +€4,117
up €4,117 (+234.1%), from €1,759 to €5,875
- Taxes +€641
new in 2025: €641
- Depreciation -€353
down €353 (-27.1%), from €1,303 to €949
- Other operating charges +€269
up €269 (+56.9%), from €472 to €741
- Financial charges -€179
down €179 (-77.5%), from €231 to €52
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 | €80,276 | €83,094 | +€2,818 | +3.5% |
| Fixed assets | 21/28 | €949 | - | -€949 | |
| Tangible fixed assets | 22/27 | €949 | - | -€949 | |
| Furniture and vehicles | 24 | €949 | - | -€949 | |
| Current assets | 29/58 | €79,327 | €83,094 | +€3,767 | +4.7% |
| Amounts receivable after more than one year | 29 | €75,000 | €75,000 | = | 0.0% |
| Other amounts receivable | 291 | €75,000 | €75,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €381 | €88 | -€293 | -76.9% |
| Trade receivables | 40 | €381 | - | -€381 | |
| Other amounts receivable | 41 | - | €88 | +€88 | |
| Cash at bank and in hand | 54/58 | €3,946 | €8,006 | +€4,061 | +102.9% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €80,276 | €83,094 | +€2,818 | +3.5% |
| Equity | 10/15 | €6,490 | €9,991 | +€3,501 | +53.9% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,990 | €8,491 | +€3,501 | +70.2% |
| Amounts payable | 17/49 | €73,787 | €73,104 | -€683 | -0.9% |
| Amounts payable within one year | 42/48 | €73,787 | €73,104 | -€683 | -0.9% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €334 | - | -€334 | |
| Suppliers | 440/4 | €334 | - | -€334 | |
| Taxes, remuneration and social security | 45 | €5,686 | €7,778 | +€2,091 | +36.8% |
| Taxes | 450/3 | €3,436 | €5,528 | +€2,091 | +60.9% |
| Remuneration and social security | 454/9 | €2,250 | €2,250 | = | 0.0% |
| Other amounts payable | 47/48 | €67,767 | €65,326 | -€2,441 | -3.6% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,303 | €949 | -€353 | -27.1% |
| Other operating charges | 640/8 | €472 | €741 | +€269 | +56.9% |
| Gross operating margin | 9900 | €1,759 | €5,875 | +€4,117 | +234.1% |
| Operating profit (loss) | 9901 | -€17 | €4,185 | +€4,201 | |
| Financial income | 75/76B | - | €10 | +€10 | |
| Recurring financial income | 75 | - | €10 | +€10 | |
| Financial charges | 65/66B | €231 | €52 | -€179 | -77.5% |
| Recurring financial charges | 65 | €231 | €52 | -€179 | -77.5% |
| Profit (loss) for the period before taxes | 9903 | -€248 | €4,143 | +€4,390 | |
| Income taxes | 67/77 | - | €641 | +€641 | |
| Profit (loss) for the period | 9904 | -€248 | €3,501 | +€3,749 | |
| Profit (loss) for the period to be appropriated | 9905 | -€248 | €3,501 | +€3,749 |
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 2 October 2026 via checked.be.