HELMBOOG: 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.
HELMBOOG
Largest movements
- Cash +€5,397
up €5,397 (+14.5%), from €37,340 to €42,737
mainly Depreciation (+€2,585) and Net result for the year (+€1,653)
- Tangible fixed assets -€2,585
down €2,585 (-3.8%), from €67,654 to €65,068
- Profit (loss) carried forward +€1,653
up €1,653 (+51.9%), from €3,187 to €4,839
- Trade debts +€1,462
up €1,462 (+161%), from €909 to €2,372
- Gross operating margin +€1,046
up €1,046 (+24.0%), from €4,351 to €5,397
- Taxes +€353
up €353 (+146%), from €241 to €594
- Other operating charges -€317
down €317 (-37.9%), from €837 to €520
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 | €105,024 | €107,805 | +€2,782 | +2.6% |
| Fixed assets | 21/28 | €67,654 | €65,068 | -€2,585 | -3.8% |
| Tangible fixed assets | 22/27 | €67,654 | €65,068 | -€2,585 | -3.8% |
| Land and buildings | 22 | €67,654 | €65,068 | -€2,585 | -3.8% |
| Current assets | 29/58 | €37,370 | €42,737 | +€5,367 | +14.4% |
| Cash at bank and in hand | 54/58 | €37,340 | €42,737 | +€5,397 | +14.5% |
| Deferred charges and accrued income | 490/1 | €30 | €0 | -€30 | -100% |
| Total equity and liabilities | 10/49 | €105,024 | €107,805 | +€2,782 | +2.6% |
| Equity | 10/15 | €103,187 | €104,839 | +€1,653 | +1.6% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,187 | €4,839 | +€1,653 | +51.9% |
| Amounts payable | 17/49 | €1,837 | €2,966 | +€1,129 | +61.4% |
| Amounts payable within one year | 42/48 | €1,837 | €2,966 | +€1,129 | +61.4% |
| Trade debts | 44 | €909 | €2,372 | +€1,462 | +161% |
| Suppliers | 440/4 | €909 | €2,372 | +€1,462 | +161% |
| Taxes, remuneration and social security | 45 | €928 | €594 | -€334 | -35.9% |
| Taxes | 450/3 | €928 | €594 | -€334 | -35.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,585 | €2,585 | = | 0.0% |
| Other operating charges | 640/8 | €837 | €520 | -€317 | -37.9% |
| Gross operating margin | 9900 | €4,351 | €5,397 | +€1,046 | +24.0% |
| Operating profit (loss) | 9901 | €929 | €2,292 | +€1,364 | +147% |
| Financial charges | 65/66B | €44 | €45 | +€2 | +3.4% |
| Recurring financial charges | 65 | €44 | €45 | +€2 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | €885 | €2,247 | +€1,362 | +154% |
| Income taxes | 67/77 | €241 | €594 | +€353 | +146% |
| Profit (loss) for the period | 9904 | €644 | €1,653 | +€1,009 | +157% |
| Profit (loss) for the period to be appropriated | 9905 | €644 | €1,653 | +€1,009 | +157% |
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 23 October 2026 via checked.be.