HELSEN BERT: 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.
HELSEN BERT
Largest movements
- Receivables within one year -€27,339
down €27,339 (-60.5%), from €45,202 to €17,863
of which Trade receivables: -€18,359
- Cash +€16,353
up €16,353 (+143.9%), from €11,368 to €27,720
mainly Receivables within one year (+€27,339) and Depreciation (+€8,057)
- Tangible fixed assets -€8,057
down €8,057 (-38.7%), from €20,826 to €12,769
of which Furniture and vehicles: -€6,773
- Stocks and contracts -€2,570
down €2,570 (-38.1%), from €6,752 to €4,181
- Trade debts -€10,354
down €10,354 (-98.5%), from €10,516 to €162
- Debts after one year -€6,908
down €6,908 (-70.4%), from €9,813 to €2,904
- Reserves -€6,000
down €6,000 (-10.2%), from €58,822 to €52,822
- Other debts +€2,502
up €2,502, from €0 to €2,502
- Profit (loss) carried forward -€1,258
down €1,258 (-10.7%), from -€11,719 to -€12,978
- Gross operating margin +€9,772
up €9,772, from -€2,957 to €6,815
- Other operating charges -€497
down €497 (-29.3%), from €1,696 to €1,199
- Taxes -€374
down €374 (-100.0%), from €374 to €0
- Financial income -€208
down €208 (-12.2%), from €1,704 to €1,496
- Financial charges -€90
down €90 (-22.3%), from €404 to €314
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 | €87,018 | €65,117 | -€21,901 | -25.2% |
| Fixed assets | 21/28 | €20,826 | €12,769 | -€8,057 | -38.7% |
| Tangible fixed assets | 22/27 | €20,826 | €12,769 | -€8,057 | -38.7% |
| Plant, machinery and equipment | 23 | €1,491 | €1,134 | -€357 | -23.9% |
| Furniture and vehicles | 24 | €15,995 | €9,222 | -€6,773 | -42.3% |
| Other tangible fixed assets | 26 | €3,340 | €2,413 | -€927 | -27.8% |
| Current assets | 29/58 | €66,192 | €52,347 | -€13,845 | -20.9% |
| Stocks and contracts in progress | 3 | €6,752 | €4,181 | -€2,570 | -38.1% |
| Stocks | 30/36 | €6,752 | €4,181 | -€2,570 | -38.1% |
| Amounts receivable within one year | 40/41 | €45,202 | €17,863 | -€27,339 | -60.5% |
| Trade receivables | 40 | €30,441 | €12,082 | -€18,359 | -60.3% |
| Other amounts receivable | 41 | €14,761 | €5,781 | -€8,980 | -60.8% |
| Cash at bank and in hand | 54/58 | €11,368 | €27,720 | +€16,353 | +143.9% |
| Deferred charges and accrued income | 490/1 | €2,871 | €2,583 | -€288 | -10.0% |
| Total equity and liabilities | 10/49 | €87,018 | €65,117 | -€21,901 | -25.2% |
| Equity | 10/15 | €59,502 | €52,244 | -€7,258 | -12.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €58,822 | €52,822 | -€6,000 | -10.2% |
| Distributable reserves | 133 | €58,822 | €52,822 | -€6,000 | -10.2% |
| Profit (loss) carried forward | 14 | -€11,719 | -€12,978 | -€1,258 | -10.7% |
| Amounts payable | 17/49 | €27,515 | €12,872 | -€14,643 | -53.2% |
| Amounts payable after more than one year | 17 | €9,813 | €2,904 | -€6,908 | -70.4% |
| Financial debts | 170/4 | €9,813 | €2,904 | -€6,908 | -70.4% |
| Amounts payable within one year | 42/48 | €17,702 | €9,968 | -€7,734 | -43.7% |
| Current portion of amounts payable after more than one year | 42 | €6,822 | €6,908 | +€87 | +1.3% |
| Trade debts | 44 | €10,516 | €162 | -€10,354 | -98.5% |
| Suppliers | 440/4 | €10,516 | €162 | -€10,354 | -98.5% |
| Taxes, remuneration and social security | 45 | €364 | €395 | +€31 | +8.5% |
| Taxes | 450/3 | €364 | €395 | +€31 | +8.5% |
| Other amounts payable | 47/48 | €0 | €2,502 | +€2,502 | |
| Non-recurring operating income | 76A | €2,000 | €0 | -€2,000 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,992 | €8,057 | +€64 | +0.8% |
| Other operating charges | 640/8 | €1,696 | €1,199 | -€497 | -29.3% |
| Gross operating margin | 9900 | -€2,957 | €6,815 | +€9,772 | |
| Operating profit (loss) | 9901 | -€12,645 | -€2,441 | +€10,205 | +80.7% |
| Financial income | 75/76B | €1,704 | €1,496 | -€208 | -12.2% |
| Recurring financial income | 75 | €1,704 | €1,496 | -€208 | -12.2% |
| Financial charges | 65/66B | €404 | €314 | -€90 | -22.3% |
| Recurring financial charges | 65 | €404 | €314 | -€90 | -22.3% |
| Profit (loss) for the period before taxes | 9903 | -€11,346 | -€1,258 | +€10,087 | +88.9% |
| Income taxes | 67/77 | €374 | €0 | -€374 | -100.0% |
| Profit (loss) for the period | 9904 | -€11,719 | -€1,258 | +€10,461 | +89.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,719 | -€1,258 | +€10,461 | +89.3% |
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 9 October 2026 via checked.be.