HELMET-TEX: 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-TEX
Largest movements
- Stocks and contracts -€57,732
down €57,732 (-27.4%), from €210,922 to €153,190
- Receivables within one year -€55,626
down €55,626 (-38.2%), from €145,438 to €89,812
of which Trade receivables: -€53,742
- Current investments +€7,516
new in 2025: €7,516
- Profit (loss) carried forward -€90,469
down €90,469 (-53.7%), from -€168,478 to -€258,947
- Tax, wage and social debts -€75,205
down €75,205 (-69.8%), from €107,801 to €32,596
- Trade debts +€56,600
up €56,600 (+16.1%), from €350,555 to €407,155
- Staff costs +€7,883
up €7,883 (+21.3%), from €36,965 to €44,848
- Gross operating margin -€6,563
down €6,563 (-18.0%), from -€36,529 to -€43,092
- Financial charges +€1,025
up €1,025 (+304%), from €337 to €1,362
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 | €378,115 | €270,576 | -€107,539 | -28.4% |
| Fixed assets | 21/28 | €20,707 | €19,500 | -€1,207 | -5.8% |
| Tangible fixed assets | 22/27 | €1,207 | - | -€1,207 | |
| Plant, machinery and equipment | 23 | €643 | - | -€643 | |
| Furniture and vehicles | 24 | €564 | - | -€564 | |
| Financial fixed assets | 28 | €19,500 | €19,500 | = | 0.0% |
| Current assets | 29/58 | €357,408 | €251,076 | -€106,332 | -29.8% |
| Stocks and contracts in progress | 3 | €210,922 | €153,190 | -€57,732 | -27.4% |
| Stocks | 30/36 | €210,922 | €153,190 | -€57,732 | -27.4% |
| Amounts receivable within one year | 40/41 | €145,438 | €89,812 | -€55,626 | -38.2% |
| Trade receivables | 40 | €136,593 | €82,851 | -€53,742 | -39.3% |
| Other amounts receivable | 41 | €8,845 | €6,961 | -€1,884 | -21.3% |
| Current investments | 50/53 | - | €7,516 | +€7,516 | |
| Cash at bank and in hand | 54/58 | €617 | - | -€617 | |
| Deferred charges and accrued income | 490/1 | €431 | €558 | +€127 | +29.5% |
| Total equity and liabilities | 10/49 | €378,115 | €270,576 | -€107,539 | -28.4% |
| Equity | 10/15 | -€148,018 | -€238,487 | -€90,469 | -61.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€168,478 | -€258,947 | -€90,469 | -53.7% |
| Amounts payable | 17/49 | €526,133 | €509,063 | -€17,070 | -3.2% |
| Amounts payable within one year | 42/48 | €526,133 | €509,063 | -€17,070 | -3.2% |
| Trade debts | 44 | €350,555 | €407,155 | +€56,600 | +16.1% |
| Suppliers | 440/4 | €350,555 | €407,155 | +€56,600 | +16.1% |
| Taxes, remuneration and social security | 45 | €107,801 | €32,596 | -€75,205 | -69.8% |
| Remuneration and social security | 454/9 | €107,801 | €32,596 | -€75,205 | -69.8% |
| Other amounts payable | 47/48 | €67,777 | €69,312 | +€1,535 | +2.3% |
| Remuneration, social security and pensions | 62 | €36,965 | €44,848 | +€7,883 | +21.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,500 | €1,207 | -€293 | -19.5% |
| Gross operating margin | 9900 | -€36,529 | -€43,092 | -€6,563 | -18.0% |
| Operating profit (loss) | 9901 | -€74,994 | -€89,147 | -€14,153 | -18.9% |
| Financial income | 75/76B | - | €40 | +€40 | |
| Recurring financial income | 75 | - | €40 | +€40 | |
| Financial charges | 65/66B | €337 | €1,362 | +€1,025 | +304% |
| Recurring financial charges | 65 | €337 | €1,362 | +€1,025 | +304% |
| Profit (loss) for the period before taxes | 9903 | -€75,331 | -€90,469 | -€15,138 | -20.1% |
| Profit (loss) for the period | 9904 | -€75,331 | -€90,469 | -€15,138 | -20.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€75,331 | -€90,469 | -€15,138 | -20.1% |
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 17 October 2026 via checked.be.