HELPO: 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.
HELPO
Largest movements
- Receivables within one year -€15,134
down €15,134 (-16.2%), from €93,516 to €78,382
of which Other amounts receivable: -€24,001
- Tangible fixed assets -€7,562
down €7,562 (-19.8%), from €38,282 to €30,720
of which Other tangible fixed assets: -€22,833
- Financial fixed assets +€4,854
up €4,854 (+82.4%), from €5,893 to €10,746
- Contributions -€42,214
down €42,214 (-17.4%), from €241,932 to €199,718
- Reserves +€15,533
up €15,533 (+15.2%), from €101,934 to €117,466
- Trade debts +€8,467
up €8,467 (+12.2%), from €69,213 to €77,680
- Staff costs +€13,030
up €13,030 (+13.4%), from €97,563 to €110,593
- Gross operating margin +€4,615
up €4,615 (+2.8%), from €165,431 to €170,046
- Taxes -€1,905
down €1,905 (-23.2%), from €8,196 to €6,291
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 | €425,302 | €407,589 | -€17,713 | -4.2% |
| Fixed assets | 21/28 | €44,175 | €41,467 | -€2,708 | -6.1% |
| Tangible fixed assets | 22/27 | €38,282 | €30,720 | -€7,562 | -19.8% |
| Plant, machinery and equipment | 23 | €2,903 | €1,643 | -€1,260 | -43.4% |
| Furniture and vehicles | 24 | €8,390 | €24,922 | +€16,532 | +197% |
| Other tangible fixed assets | 26 | €26,989 | €4,155 | -€22,833 | -84.6% |
| Financial fixed assets | 28 | €5,893 | €10,746 | +€4,854 | +82.4% |
| Current assets | 29/58 | €381,127 | €366,122 | -€15,005 | -3.9% |
| Stocks and contracts in progress | 3 | €155,179 | €154,303 | -€876 | -0.6% |
| Stocks | 30/36 | €155,179 | €154,303 | -€876 | -0.6% |
| Amounts receivable within one year | 40/41 | €93,516 | €78,382 | -€15,134 | -16.2% |
| Trade receivables | 40 | €54,538 | €63,405 | +€8,867 | +16.3% |
| Other amounts receivable | 41 | €38,979 | €14,978 | -€24,001 | -61.6% |
| Cash at bank and in hand | 54/58 | €128,432 | €128,805 | +€372 | +0.3% |
| Deferred charges and accrued income | 490/1 | €3,999 | €4,633 | +€633 | +15.8% |
| Total equity and liabilities | 10/49 | €425,302 | €407,589 | -€17,713 | -4.2% |
| Equity | 10/15 | €343,865 | €317,184 | -€26,681 | -7.8% |
| Contributions | 10/11 | €241,932 | €199,718 | -€42,214 | -17.4% |
| Reserves | 13 | €101,934 | €117,466 | +€15,533 | +15.2% |
| Distributable reserves | 133 | €101,934 | €117,466 | +€15,533 | +15.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €81,437 | €90,405 | +€8,969 | +11.0% |
| Amounts payable within one year | 42/48 | €81,437 | €90,405 | +€8,969 | +11.0% |
| Trade debts | 44 | €69,213 | €77,680 | +€8,467 | +12.2% |
| Suppliers | 440/4 | €69,213 | €77,680 | +€8,467 | +12.2% |
| Taxes, remuneration and social security | 45 | €12,223 | €12,725 | +€502 | +4.1% |
| Taxes | 450/3 | €5,406 | €4,698 | -€709 | -13.1% |
| Remuneration and social security | 454/9 | €6,817 | €8,027 | +€1,210 | +17.8% |
| Remuneration, social security and pensions | 62 | €97,563 | €110,593 | +€13,030 | +13.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,752 | €15,653 | -€99 | -0.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €532 | €0 | -€532 | -100% |
| Other operating charges | 640/8 | €5,974 | €6,638 | +€664 | +11.1% |
| Non-recurring operating charges | 66A | - | €3,970 | +€3,970 | |
| Gross operating margin | 9900 | €165,431 | €170,046 | +€4,615 | +2.8% |
| Operating profit (loss) | 9901 | €45,611 | €33,192 | -€12,418 | -27.2% |
| Financial income | 75/76B | €8,034 | €9,438 | +€1,404 | +17.5% |
| Recurring financial income | 75 | €8,034 | €9,438 | +€1,404 | +17.5% |
| Financial charges | 65/66B | €1,431 | €3,020 | +€1,589 | +111% |
| Recurring financial charges | 65 | €1,431 | €3,020 | +€1,589 | +111% |
| Profit (loss) for the period before taxes | 9903 | €52,214 | €39,610 | -€12,603 | -24.1% |
| Income taxes | 67/77 | €8,196 | €6,291 | -€1,905 | -23.2% |
| Profit (loss) for the period | 9904 | €44,017 | €33,319 | -€10,699 | -24.3% |
| Profit (loss) for the period to be appropriated | 9905 | €44,017 | €33,319 | -€10,699 | -24.3% |
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 27 October 2026 via checked.be.