HELPEX: 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.
HELPEX
Largest movements
- Cash +€12,004
up €12,004 (+8.4%), from €142,444 to €154,448
mainly Depreciation (+€21,229) and Receivables within one year (+€11,346)
- Receivables within one year -€11,346
down €11,346 (-39.0%), from €29,125 to €17,778
of which Trade receivables: -€11,625
- Tangible fixed assets -€9,472
down €9,472 (-4.1%), from €231,146 to €221,674
of which Land and buildings: -€13,260
- Current investments +€8,695
up €8,695 (+2.9%), from €300,000 to €308,695
- Reserves +€8,700
up €8,700 (+4.1%), from €212,600 to €221,300
of which Distributable reserves: +€8,700
- Depreciation +€12,038
up €12,038 (+131.0%), from €9,190 to €21,229
- Financial income +€9,300
up €9,300 (+493.7%), from €1,884 to €11,184
- Gross operating margin +€6,937
up €6,937 (+25.2%), from €27,478 to €34,415
- Other operating charges -€5,577
down €5,577 (-49.2%), from €11,332 to €5,755
- Taxes +€5,369
up €5,369 (+298.9%), from €1,796 to €7,165
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 | €704,034 | €708,238 | +€4,205 | +0.6% |
| Fixed assets | 21/28 | €231,146 | €221,674 | -€9,472 | -4.1% |
| Tangible fixed assets | 22/27 | €231,146 | €221,674 | -€9,472 | -4.1% |
| Land and buildings | 22 | €217,620 | €204,360 | -€13,260 | -6.1% |
| Plant, machinery and equipment | 23 | - | €1,408 | +€1,408 | |
| Furniture and vehicles | 24 | €13,526 | €15,906 | +€2,380 | +17.6% |
| Current assets | 29/58 | €472,888 | €486,564 | +€13,676 | +2.9% |
| Amounts receivable within one year | 40/41 | €29,125 | €17,778 | -€11,346 | -39.0% |
| Trade receivables | 40 | €29,125 | €17,500 | -€11,625 | -39.9% |
| Other amounts receivable | 41 | - | €278 | +€278 | |
| Current investments | 50/53 | €300,000 | €308,695 | +€8,695 | +2.9% |
| Cash at bank and in hand | 54/58 | €142,444 | €154,448 | +€12,004 | +8.4% |
| Deferred charges and accrued income | 490/1 | €1,319 | €5,642 | +€4,323 | +327.8% |
| Total equity and liabilities | 10/49 | €704,034 | €708,238 | +€4,205 | +0.6% |
| Equity | 10/15 | €684,725 | €693,529 | +€8,803 | +1.3% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €212,600 | €221,300 | +€8,700 | +4.1% |
| Non-distributable reserves | 130/1 | €138,300 | €138,300 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Other | 1319 | €132,100 | €132,100 | = | 0.0% |
| Distributable reserves | 133 | €74,300 | €83,000 | +€8,700 | +11.7% |
| Profit (loss) carried forward | 14 | €410,152 | €410,255 | +€103 | 0.0% |
| Amounts payable | 17/49 | €19,308 | €14,709 | -€4,599 | -23.8% |
| Amounts payable within one year | 42/48 | €17,750 | €14,450 | -€3,300 | -18.6% |
| Trade debts | 44 | €7,344 | €2,526 | -€4,818 | -65.6% |
| Suppliers | 440/4 | €7,344 | €2,526 | -€4,818 | -65.6% |
| Taxes, remuneration and social security | 45 | €10,406 | €11,924 | +€1,518 | +14.6% |
| Taxes | 450/3 | €10,406 | €9,759 | -€647 | -6.2% |
| Remuneration and social security | 454/9 | - | €2,165 | +€2,165 | |
| Accrued charges and deferred income | 492/3 | €1,558 | €260 | -€1,299 | -83.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,190 | €21,229 | +€12,038 | +131.0% |
| Other operating charges | 640/8 | €11,332 | €5,755 | -€5,577 | -49.2% |
| Gross operating margin | 9900 | €27,478 | €34,415 | +€6,937 | +25.2% |
| Operating profit (loss) | 9901 | €6,955 | €7,431 | +€476 | +6.8% |
| Financial income | 75/76B | €1,884 | €11,184 | +€9,300 | +493.7% |
| Recurring financial income | 75 | €1,884 | €11,184 | +€9,300 | +493.7% |
| Financial charges | 65/66B | €488 | €2,647 | +€2,159 | +442.8% |
| Recurring financial charges | 65 | €488 | €2,647 | +€2,159 | +442.8% |
| Profit (loss) for the period before taxes | 9903 | €8,351 | €15,968 | +€7,617 | +91.2% |
| Income taxes | 67/77 | €1,796 | €7,165 | +€5,369 | +298.9% |
| Profit (loss) for the period | 9904 | €6,555 | €8,803 | +€2,248 | +34.3% |
| Profit (loss) for the period to be appropriated | 9905 | €6,555 | €8,803 | +€2,248 | +34.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.