HELMED: 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.
HELMED
Largest movements
- Cash +€32,349
up €32,349 (+28.8%), from €112,147 to €144,496
mainly Net result for the year (+€42,549) and Depreciation (+€12,849)
- Tangible fixed assets +€8,901
up €8,901 (+36.8%), from €24,161 to €33,062
of which Furniture and vehicles: +€11,126
- Receivables within one year +€4,000
new in 2025: €4,000
- Profit (loss) carried forward +€42,549
up €42,549 (+51.3%), from €82,883 to €125,431
- Tax, wage and social debts +€4,141
up €4,141 (+192.5%), from €2,151 to €6,292
- Other debts -€2,823
down €2,823 (-19.0%), from €14,854 to €12,031
- Debts after one year +€2,030
new in 2025: €2,030
- Taxes +€3,038
up €3,038 (+60.8%), from €5,000 to €8,038
- Gross operating margin +€2,407
up €2,407 (+3.2%), from €74,234 to €76,641
- Other operating charges +€2,186
up €2,186 (+63.3%), from €3,453 to €5,640
- Depreciation +€1,924
up €1,924 (+17.6%), from €10,925 to €12,849
- Staff costs +€1,042
up €1,042 (+15.3%), from €6,814 to €7,856
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 | €136,308 | €181,558 | +€45,250 | +33.2% |
| Fixed assets | 21/28 | €24,161 | €33,062 | +€8,901 | +36.8% |
| Tangible fixed assets | 22/27 | €24,161 | €33,062 | +€8,901 | +36.8% |
| Furniture and vehicles | 24 | €8,586 | €19,712 | +€11,126 | +129.6% |
| Other tangible fixed assets | 26 | €15,575 | €13,350 | -€2,225 | -14.3% |
| Current assets | 29/58 | €112,147 | €148,496 | +€36,349 | +32.4% |
| Amounts receivable within one year | 40/41 | - | €4,000 | +€4,000 | |
| Other amounts receivable | 41 | - | €4,000 | +€4,000 | |
| Cash at bank and in hand | 54/58 | €112,147 | €144,496 | +€32,349 | +28.8% |
| Total equity and liabilities | 10/49 | €136,308 | €181,558 | +€45,250 | +33.2% |
| Equity | 10/15 | €92,883 | €135,431 | +€42,549 | +45.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €82,883 | €125,431 | +€42,549 | +51.3% |
| Provisions and deferred taxes | 16 | €25,000 | €25,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €25,000 | €25,000 | = | 0.0% |
| Major repairs and maintenance | 162 | €25,000 | €25,000 | = | 0.0% |
| Amounts payable | 17/49 | €18,425 | €21,127 | +€2,702 | +14.7% |
| Amounts payable after more than one year | 17 | - | €2,030 | +€2,030 | |
| Other amounts payable | 178/9 | - | €2,030 | +€2,030 | |
| Amounts payable within one year | 42/48 | €18,425 | €19,097 | +€672 | +3.6% |
| Trade debts | 44 | €1,420 | €773 | -€647 | -45.6% |
| Suppliers | 440/4 | €1,420 | €773 | -€647 | -45.6% |
| Taxes, remuneration and social security | 45 | €2,151 | €6,292 | +€4,141 | +192.5% |
| Remuneration and social security | 454/9 | €2,151 | €6,292 | +€4,141 | +192.5% |
| Other amounts payable | 47/48 | €14,854 | €12,031 | -€2,823 | -19.0% |
| Remuneration, social security and pensions | 62 | €6,814 | €7,856 | +€1,042 | +15.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,925 | €12,849 | +€1,924 | +17.6% |
| Other operating charges | 640/8 | €3,453 | €5,640 | +€2,186 | +63.3% |
| Gross operating margin | 9900 | €74,234 | €76,641 | +€2,407 | +3.2% |
| Operating profit (loss) | 9901 | €53,042 | €50,296 | -€2,746 | -5.2% |
| Financial income | 75/76B | - | €515 | +€515 | |
| Recurring financial income | 75 | - | €515 | +€515 | |
| Financial charges | 65/66B | €211 | €224 | +€13 | +6.4% |
| Recurring financial charges | 65 | €211 | €224 | +€13 | +6.4% |
| Profit (loss) for the period before taxes | 9903 | €52,831 | €50,587 | -€2,244 | -4.2% |
| Income taxes | 67/77 | €5,000 | €8,038 | +€3,038 | +60.8% |
| Profit (loss) for the period | 9904 | €47,831 | €42,549 | -€5,282 | -11.0% |
| Profit (loss) for the period to be appropriated | 9905 | €47,831 | €42,549 | -€5,282 | -11.0% |
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 12 October 2026 via checked.be.