HELMET SERVICES: 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.
HELMET SERVICES
Largest movements
- Receivables within one year +€158,038
up €158,038 (+154%), from €102,442 to €260,480
of which Trade receivables: +€162,973
- Tangible fixed assets -€36,214
down €36,214 (-38.4%), from €94,245 to €58,031
- Stocks and contracts -€5,000
down €5,000 (-33.3%), from €15,000 to €10,000
- Cash +€4,470
up €4,470 (+31.3%), from €14,285 to €18,755
mainly Net result for the year (+€70,215) and Depreciation (+€58,564)
- Profit (loss) carried forward +€70,215
up €70,215 (+46.7%), from €150,207 to €220,422
- Trade debts +€33,150
up €33,150 (+140%), from €23,658 to €56,809
- Tax, wage and social debts +€31,970
new in 2024: €31,970
of which Remuneration and social security: +€27,818
- Debts after one year -€14,041
down €14,041 (-42.6%), from €32,923 to €18,882
- Turnover +€159,238
up €159,238 (+18.8%), from €846,684 to €1.0m
- Purchases and services +€129,839
up €129,839 (+21.3%), from €610,541 to €740,379
- Gross operating margin +€39,400
up €39,400 (+17.4%), from €226,144 to €265,543
- Staff costs -€24,900
down €24,900 (-16.6%), from €149,670 to €124,771
- Depreciation +€24,246
up €24,246 (+70.6%), from €34,318 to €58,564
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €226,125 | €347,420 | +€121,294 | +53.6% |
| Fixed assets | 21/28 | €94,399 | €58,185 | -€36,214 | -38.4% |
| Tangible fixed assets | 22/27 | €94,245 | €58,031 | -€36,214 | -38.4% |
| Furniture and vehicles | 24 | €94,245 | €58,031 | -€36,214 | -38.4% |
| Financial fixed assets | 28 | €154 | €154 | = | 0.0% |
| Current assets | 29/58 | €131,726 | €289,234 | +€157,508 | +120% |
| Stocks and contracts in progress | 3 | €15,000 | €10,000 | -€5,000 | -33.3% |
| Stocks | 30/36 | €15,000 | €10,000 | -€5,000 | -33.3% |
| Amounts receivable within one year | 40/41 | €102,442 | €260,480 | +€158,038 | +154% |
| Trade receivables | 40 | €76,732 | €239,705 | +€162,973 | +212% |
| Other amounts receivable | 41 | €25,710 | €20,775 | -€4,935 | -19.2% |
| Cash at bank and in hand | 54/58 | €14,285 | €18,755 | +€4,470 | +31.3% |
| Total equity and liabilities | 10/49 | €226,125 | €347,420 | +€121,294 | +53.6% |
| Equity | 10/15 | €169,544 | €239,759 | +€70,215 | +41.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €737 | €737 | = | 0.0% |
| Non-distributable reserves | 130/1 | €737 | €737 | = | 0.0% |
| Reserves not available under the articles | 1311 | €737 | €737 | = | 0.0% |
| Profit (loss) carried forward | 14 | €150,207 | €220,422 | +€70,215 | +46.7% |
| Amounts payable | 17/49 | €56,581 | €107,660 | +€51,079 | +90.3% |
| Amounts payable after more than one year | 17 | €32,923 | €18,882 | -€14,041 | -42.6% |
| Financial debts | 170/4 | €32,923 | €18,882 | -€14,041 | -42.6% |
| Amounts payable within one year | 42/48 | €23,658 | €88,778 | +€65,120 | +275% |
| Trade debts | 44 | €23,658 | €56,809 | +€33,150 | +140% |
| Suppliers | 440/4 | €23,658 | €56,809 | +€33,150 | +140% |
| Taxes, remuneration and social security | 45 | - | €31,970 | +€31,970 | |
| Taxes | 450/3 | - | €4,151 | +€4,151 | |
| Remuneration and social security | 454/9 | - | €27,818 | +€27,818 | |
| Turnover | 70 | €846,684 | €1,005,923 | +€159,238 | +18.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €610,541 | €740,379 | +€129,839 | +21.3% |
| Remuneration, social security and pensions | 62 | €149,670 | €124,771 | -€24,900 | -16.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,318 | €58,564 | +€24,246 | +70.6% |
| Other operating charges | 640/8 | €1,308 | €1,936 | +€628 | +48.0% |
| Gross operating margin | 9900 | €226,144 | €265,543 | +€39,400 | +17.4% |
| Operating profit (loss) | 9901 | €40,847 | €80,273 | +€39,426 | +96.5% |
| Financial income | 75/76B | - | €122 | +€122 | |
| Recurring financial income | 75 | - | €122 | +€122 | |
| Financial charges | 65/66B | €163 | €180 | +€17 | +10.1% |
| Recurring financial charges | 65 | €163 | €180 | +€17 | +10.1% |
| Profit (loss) for the period before taxes | 9903 | €40,683 | €80,215 | +€39,532 | +97.2% |
| Income taxes | 67/77 | - | €10,000 | +€10,000 | |
| Profit (loss) for the period | 9904 | €40,683 | €70,215 | +€29,532 | +72.6% |
| Profit (loss) for the period to be appropriated | 9905 | €40,683 | €70,215 | +€29,532 | +72.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.