HélMus: 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.
HélMus
Largest movements
- Tangible fixed assets +€69,101
up €69,101 (+1330.7%), from €5,193 to €74,293
of which Furniture and vehicles: +€67,171
- Receivables within one year +€23,274
up €23,274 (+1831.9%), from €1,271 to €24,544
of which Trade receivables: +€14,728
- Cash +€6,473
up €6,473 (+72.7%), from €8,898 to €15,371
mainly Debts after one year (+€47,676) and Net result for the year (+€26,937)
- Deferred charges and accrued income +€1,420
up €1,420 (+358.9%), from €396 to €1,816
- Debts after one year +€47,676
new in 2025: €47,676
- Profit (loss) carried forward +€26,937
up €26,937 (+631.7%), from €4,264 to €31,201
- Tax, wage and social debts +€11,553
up €11,553 (+147.3%), from €7,843 to €19,396
- Current portion of long-term debt +€11,055
new in 2025: €11,055
- Trade debts +€3,633
up €3,633 (+348.2%), from €1,043 to €4,676
- Gross operating margin +€31,972
up €31,972 (+459.1%), from €6,964 to €38,936
- Taxes +€6,446
up €6,446 (+495.8%), from €1,300 to €7,746
- Depreciation +€2,298
up €2,298 (+358.9%), from €640 to €2,939
- Financial charges +€1,040
up €1,040 (+213.3%), from €487 to €1,527
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 | €15,757 | €116,024 | +€100,267 | +636.4% |
| Fixed assets | 21/28 | €5,193 | €74,293 | +€69,101 | +1330.7% |
| Tangible fixed assets | 22/27 | €5,193 | €74,293 | +€69,101 | +1330.7% |
| Plant, machinery and equipment | 23 | €1,018 | €2,947 | +€1,930 | +189.6% |
| Furniture and vehicles | 24 | €4,175 | €71,346 | +€67,171 | +1608.9% |
| Current assets | 29/58 | €10,564 | €41,730 | +€31,167 | +295.0% |
| Amounts receivable within one year | 40/41 | €1,271 | €24,544 | +€23,274 | +1831.9% |
| Trade receivables | 40 | €1,271 | €15,999 | +€14,728 | +1159.3% |
| Other amounts receivable | 41 | - | €8,545 | +€8,545 | |
| Cash at bank and in hand | 54/58 | €8,898 | €15,371 | +€6,473 | +72.7% |
| Deferred charges and accrued income | 490/1 | €396 | €1,816 | +€1,420 | +358.9% |
| Total equity and liabilities | 10/49 | €15,757 | €116,024 | +€100,267 | +636.4% |
| Equity | 10/15 | €6,264 | €33,201 | +€26,937 | +430.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,264 | €31,201 | +€26,937 | +631.7% |
| Amounts payable | 17/49 | €9,492 | €82,822 | +€73,330 | +772.5% |
| Amounts payable after more than one year | 17 | - | €47,676 | +€47,676 | |
| Financial debts | 170/4 | - | €47,676 | +€47,676 | |
| Amounts payable within one year | 42/48 | €9,492 | €35,128 | +€25,635 | +270.1% |
| Current portion of amounts payable after more than one year | 42 | - | €11,055 | +€11,055 | |
| Trade debts | 44 | €1,043 | €4,676 | +€3,633 | +348.2% |
| Suppliers | 440/4 | €1,043 | €4,676 | +€3,633 | +348.2% |
| Taxes, remuneration and social security | 45 | €7,843 | €19,396 | +€11,553 | +147.3% |
| Taxes | 450/3 | €7,843 | €19,396 | +€11,553 | +147.3% |
| Other amounts payable | 47/48 | €606 | - | -€606 | |
| Accrued charges and deferred income | 492/3 | - | €19 | +€19 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €640 | €2,939 | +€2,298 | +358.9% |
| Other operating charges | 640/8 | €272 | €66 | -€206 | -75.8% |
| Gross operating margin | 9900 | €6,964 | €38,936 | +€31,972 | +459.1% |
| Operating profit (loss) | 9901 | €6,052 | €35,932 | +€29,880 | +493.8% |
| Financial income | 75/76B | - | €278 | +€278 | |
| Recurring financial income | 75 | - | €278 | +€278 | |
| Financial charges | 65/66B | €487 | €1,527 | +€1,040 | +213.3% |
| Recurring financial charges | 65 | €487 | €1,527 | +€1,040 | +213.3% |
| Profit (loss) for the period before taxes | 9903 | €5,564 | €34,683 | +€29,119 | +523.3% |
| Income taxes | 67/77 | €1,300 | €7,746 | +€6,446 | +495.8% |
| Profit (loss) for the period | 9904 | €4,264 | €26,937 | +€22,673 | +531.7% |
| Profit (loss) for the period to be appropriated | 9905 | €4,264 | €26,937 | +€22,673 | +531.7% |
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 6 October 2026 via checked.be.