Helori Software Engineering: what changed
Helori Software Engineering
Largest movements
- Receivables within one year +€19,942
up €19,942 (+79.2%), from €25,193 to €45,136
of which Other amounts receivable: +€14,956
- Tangible fixed assets -€6,773
down €6,773 (-26.8%), from €25,310 to €18,538
of which Other tangible fixed assets: -€3,478
- Deferred charges and accrued income -€3,270
down €3,270 (-12.0%), from €27,226 to €23,955
- Other debts +€13,852
up €13,852 (+264%), from €5,239 to €19,091
- Reserves -€3,355
down €3,355 (-4.1%), from €82,263 to €78,908
of which Distributable reserves: -€3,355
- Gross operating margin -€4,677
down €4,677 (-12.7%), from €36,758 to €32,081
- Taxes -€1,186
down €1,186 (-14.4%), from €8,230 to €7,044
- Depreciation +€1,050
up €1,050 (+14.4%), from €7,292 to €8,342
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €102,492 | €113,506 | +€11,014 | +10.7% |
| Fixed assets | 21/28 | €25,310 | €18,538 | -€6,773 | -26.8% |
| Tangible fixed assets | 22/27 | €25,310 | €18,538 | -€6,773 | -26.8% |
| Furniture and vehicles | 24 | €13,665 | €10,370 | -€3,295 | -24.1% |
| Other tangible fixed assets | 26 | €11,645 | €8,168 | -€3,478 | -29.9% |
| Current assets | 29/58 | €77,182 | €94,968 | +€17,787 | +23.0% |
| Amounts receivable within one year | 40/41 | €25,193 | €45,136 | +€19,942 | +79.2% |
| Trade receivables | 40 | €21,417 | €26,404 | +€4,987 | +23.3% |
| Other amounts receivable | 41 | €3,776 | €18,732 | +€14,956 | +396% |
| Cash at bank and in hand | 54/58 | €24,763 | €25,877 | +€1,114 | +4.5% |
| Deferred charges and accrued income | 490/1 | €27,226 | €23,955 | -€3,270 | -12.0% |
| Total equity and liabilities | 10/49 | €102,492 | €113,506 | +€11,014 | +10.7% |
| Equity | 10/15 | €88,463 | €85,108 | -€3,355 | -3.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €82,263 | €78,908 | -€3,355 | -4.1% |
| Tax-exempt reserves | 132 | €5,292 | €5,292 | = | 0.0% |
| Distributable reserves | 133 | €76,971 | €73,616 | -€3,355 | -4.4% |
| Amounts payable | 17/49 | €14,029 | €28,398 | +€14,369 | +102% |
| Amounts payable within one year | 42/48 | €14,029 | €28,398 | +€14,369 | +102% |
| Trade debts | 44 | €1,805 | €2,034 | +€229 | +12.7% |
| Suppliers | 440/4 | €1,805 | €2,034 | +€229 | +12.7% |
| Taxes, remuneration and social security | 45 | €6,985 | €7,273 | +€288 | +4.1% |
| Taxes | 450/3 | €6,985 | €7,273 | +€288 | +4.1% |
| Other amounts payable | 47/48 | €5,239 | €19,091 | +€13,852 | +264% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,292 | €8,342 | +€1,050 | +14.4% |
| Other operating charges | 640/8 | €1,305 | €1,062 | -€243 | -18.6% |
| Gross operating margin | 9900 | €36,758 | €32,081 | -€4,677 | -12.7% |
| Operating profit (loss) | 9901 | €28,161 | €22,676 | -€5,484 | -19.5% |
| Financial charges | 65/66B | €123 | €135 | +€12 | +9.9% |
| Recurring financial charges | 65 | €123 | €135 | +€12 | +9.9% |
| Profit (loss) for the period before taxes | 9903 | €28,038 | €22,542 | -€5,497 | -19.6% |
| Income taxes | 67/77 | €8,230 | €7,044 | -€1,186 | -14.4% |
| Profit (loss) for the period | 9904 | €19,808 | €15,497 | -€4,311 | -21.8% |
| Profit (loss) for the period to be appropriated | 9905 | €19,808 | €15,497 | -€4,311 | -21.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.