HELOPEDIE: 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.
HELOPEDIE
Largest movements
- Tangible fixed assets +€14,321
up €14,321 (+170%), from €8,423 to €22,744
of which Land and buildings: +€17,441
- Receivables within one year -€4,436
down €4,436 (-16.0%), from €27,766 to €23,330
of which Trade receivables: -€2,381
- Cash -€2,961
down €2,961 (-7.0%), from €42,574 to €39,613
mainly Investment in fixed assets (net) (-€20,363) and Current portion of long-term debt (-€18,811)
- Reserves +€22,500
new in 2025: €22,500
- Current portion of long-term debt -€18,811
down €18,811 (-96.0%), from €19,598 to €787
- Tax, wage and social debts +€3,550
up €3,550 (+109%), from €3,250 to €6,800
- Gross operating margin -€32,600
down €32,600 (-45.2%), from €72,069 to €39,469
- Taxes -€4,701
down €4,701 (-33.0%), from €14,251 to €9,550
- Depreciation +€2,089
up €2,089 (+52.8%), from €3,953 to €6,042
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 | €79,858 | €85,947 | +€6,089 | +7.6% |
| Fixed assets | 21/28 | €8,423 | €22,744 | +€14,321 | +170% |
| Tangible fixed assets | 22/27 | €8,423 | €22,744 | +€14,321 | +170% |
| Land and buildings | 22 | - | €17,441 | +€17,441 | |
| Plant, machinery and equipment | 23 | - | €1,005 | +€1,005 | |
| Furniture and vehicles | 24 | €8,423 | €4,298 | -€4,125 | -49.0% |
| Current assets | 29/58 | €71,435 | €63,203 | -€8,232 | -11.5% |
| Amounts receivable within one year | 40/41 | €27,766 | €23,330 | -€4,436 | -16.0% |
| Trade receivables | 40 | €19,111 | €16,730 | -€2,381 | -12.5% |
| Other amounts receivable | 41 | €8,655 | €6,600 | -€2,055 | -23.7% |
| Cash at bank and in hand | 54/58 | €42,574 | €39,613 | -€2,961 | -7.0% |
| Deferred charges and accrued income | 490/1 | €1,095 | €260 | -€835 | -76.3% |
| Total equity and liabilities | 10/49 | €79,858 | €85,947 | +€6,089 | +7.6% |
| Equity | 10/15 | €55,579 | €77,693 | +€22,114 | +39.8% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | - | €22,500 | +€22,500 | |
| Distributable reserves | 133 | - | €22,500 | +€22,500 | |
| Profit (loss) carried forward | 14 | €51,579 | €51,193 | -€386 | -0.7% |
| Amounts payable | 17/49 | €24,279 | €8,254 | -€16,025 | -66.0% |
| Amounts payable after more than one year | 17 | €787 | €0 | -€787 | -100% |
| Financial debts | 170/4 | €787 | €0 | -€787 | -100% |
| Amounts payable within one year | 42/48 | €23,492 | €8,254 | -€15,238 | -64.9% |
| Current portion of amounts payable after more than one year | 42 | €19,598 | €787 | -€18,811 | -96.0% |
| Trade debts | 44 | €60 | €83 | +€23 | +38.3% |
| Suppliers | 440/4 | €60 | €83 | +€23 | +38.3% |
| Taxes, remuneration and social security | 45 | €3,250 | €6,800 | +€3,550 | +109% |
| Taxes | 450/3 | €3,250 | €6,800 | +€3,550 | +109% |
| Other amounts payable | 47/48 | €584 | €583 | -€1 | -0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,953 | €6,042 | +€2,089 | +52.8% |
| Other operating charges | 640/8 | €701 | €299 | -€402 | -57.4% |
| Non-recurring operating charges | 66A | €126 | €0 | -€126 | -100% |
| Gross operating margin | 9900 | €72,069 | €39,469 | -€32,600 | -45.2% |
| Operating profit (loss) | 9901 | €67,289 | €33,128 | -€34,161 | -50.8% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €626 | €631 | +€5 | +0.8% |
| Recurring financial charges | 65 | €626 | €631 | +€5 | +0.8% |
| Profit (loss) for the period before taxes | 9903 | €66,663 | €32,497 | -€34,166 | -51.3% |
| Income taxes | 67/77 | €14,251 | €9,550 | -€4,701 | -33.0% |
| Profit (loss) for the period | 9904 | €52,412 | €22,947 | -€29,465 | -56.2% |
| Profit (loss) for the period to be appropriated | 9905 | €52,412 | €22,947 | -€29,465 | -56.2% |
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 31 October 2026 via checked.be.