Helo Ventures: 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.
Helo Ventures
Largest movements
- Cash +€38,614
up €38,614 (+76.7%), from €50,376 to €88,991
mainly Net result for the year (+€52,487) and Depreciation (+€9,723)
- Current investments +€18,743
new in 2025: €18,743
- Receivables within one year +€5,848
up €5,848 (+30.8%), from €18,971 to €24,819
of which Trade receivables: +€5,859
- Tangible fixed assets -€5,342
down €5,342 (-13.7%), from €39,084 to €33,743
of which Furniture and vehicles: -€7,187
- Reserves +€52,487
up €52,487 (+154.8%), from €33,911 to €86,398
- Debts after one year -€7,991
down €7,991 (-27.7%), from €28,797 to €20,806
- Tax, wage and social debts +€6,794
up €6,794 (+22.7%), from €29,968 to €36,762
- Other debts +€5,955
up €5,955 (+107.9%), from €5,520 to €11,475
- Gross operating margin +€26,916
up €26,916 (+45.8%), from €58,808 to €85,723
- Taxes +€6,977
up €6,977 (+47.9%), from €14,551 to €21,528
- Depreciation +€967
up €967 (+11.0%), from €8,756 to €9,723
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 | €109,369 | €167,733 | +€58,364 | +53.4% |
| Fixed assets | 21/28 | €39,084 | €33,743 | -€5,342 | -13.7% |
| Tangible fixed assets | 22/27 | €39,084 | €33,743 | -€5,342 | -13.7% |
| Plant, machinery and equipment | 23 | - | €1,846 | +€1,846 | |
| Furniture and vehicles | 24 | €39,084 | €31,897 | -€7,187 | -18.4% |
| Current assets | 29/58 | €70,285 | €133,990 | +€63,705 | +90.6% |
| Amounts receivable within one year | 40/41 | €18,971 | €24,819 | +€5,848 | +30.8% |
| Trade receivables | 40 | €18,960 | €24,819 | +€5,859 | +30.9% |
| Other amounts receivable | 41 | €10 | €0 | -€10 | -100.0% |
| Current investments | 50/53 | - | €18,743 | +€18,743 | |
| Cash at bank and in hand | 54/58 | €50,376 | €88,991 | +€38,614 | +76.7% |
| Deferred charges and accrued income | 490/1 | €937 | €1,437 | +€499 | +53.3% |
| Total equity and liabilities | 10/49 | €109,369 | €167,733 | +€58,364 | +53.4% |
| Equity | 10/15 | €36,911 | €89,398 | +€52,487 | +142.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €33,911 | €86,398 | +€52,487 | +154.8% |
| Distributable reserves | 133 | €33,911 | €86,398 | +€52,487 | +154.8% |
| Amounts payable | 17/49 | €72,458 | €78,335 | +€5,876 | +8.1% |
| Amounts payable after more than one year | 17 | €28,797 | €20,806 | -€7,991 | -27.7% |
| Financial debts | 170/4 | €28,797 | €20,806 | -€7,991 | -27.7% |
| Amounts payable within one year | 42/48 | €43,661 | €57,529 | +€13,867 | +31.8% |
| Current portion of amounts payable after more than one year | 42 | €7,651 | €7,991 | +€340 | +4.4% |
| Trade debts | 44 | €522 | €1,301 | +€779 | +149.2% |
| Suppliers | 440/4 | €522 | €1,301 | +€779 | +149.2% |
| Taxes, remuneration and social security | 45 | €29,968 | €36,762 | +€6,794 | +22.7% |
| Taxes | 450/3 | €29,968 | €36,762 | +€6,794 | +22.7% |
| Other amounts payable | 47/48 | €5,520 | €11,475 | +€5,955 | +107.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,756 | €9,723 | +€967 | +11.0% |
| Other operating charges | 640/8 | €478 | €167 | -€311 | -65.1% |
| Gross operating margin | 9900 | €58,808 | €85,723 | +€26,916 | +45.8% |
| Operating profit (loss) | 9901 | €49,573 | €75,833 | +€26,260 | +53.0% |
| Financial income | 75/76B | €0 | €103 | +€102 | +33035.5% |
| Recurring financial income | 75 | €0 | €103 | +€102 | +33035.5% |
| Financial charges | 65/66B | €1,112 | €1,920 | +€808 | +72.7% |
| Recurring financial charges | 65 | €1,112 | €1,920 | +€808 | +72.7% |
| Profit (loss) for the period before taxes | 9903 | €48,462 | €74,015 | +€25,554 | +52.7% |
| Income taxes | 67/77 | €14,551 | €21,528 | +€6,977 | +47.9% |
| Profit (loss) for the period | 9904 | €33,911 | €52,487 | +€18,577 | +54.8% |
| Profit (loss) for the period to be appropriated | 9905 | €33,911 | €52,487 | +€18,577 | +54.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.