Helsen Construct: 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 Construct
Largest movements
- Cash -€37,307
down €37,307 (-87.9%), from €42,449 to €5,142
mainly Receivables within one year (-€25,677) and Investment in fixed assets (net) (-€13,015)
- Receivables within one year +€25,677
up €25,677 (+60.1%), from €42,694 to €68,371
of which Trade receivables: +€13,544
- Tangible fixed assets +€11,127
up €11,127 (+928%), from €1,198 to €12,325
of which Furniture and vehicles: +€10,080
- Stocks and contracts +€10,621
new in 2024: €10,621
- Deferred charges and accrued income +€3,465
new in 2024: €3,465
- Trade debts +€32,565
up €32,565 (+732%), from €4,450 to €37,015
- Debts after one year -€7,726
down €7,726 (-31.2%), from €24,797 to €17,071
- Profit (loss) carried forward -€5,832
down €5,832 (-29.5%), from €19,743 to €13,911
- Tax, wage and social debts -€4,605
down €4,605 (-21.1%), from €21,805 to €17,200
of which Taxes: -€14,410
- Staff costs +€73,788
up €73,788 (+315%), from €23,392 to €97,180
- Gross operating margin +€50,574
up €50,574 (+81.6%), from €61,980 to €112,554
- Financial charges +€7,127
up €7,127 (+204%), from €3,491 to €10,618
- Taxes -€6,378
down €6,378 (-90.9%), from €7,016 to €638
- Other operating charges +€5,851
up €5,851 (+320%), from €1,831 to €7,682
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €86,342 | €99,923 | +€13,581 | +15.7% |
| Fixed assets | 21/28 | €1,198 | €12,325 | +€11,127 | +928% |
| Tangible fixed assets | 22/27 | €1,198 | €12,325 | +€11,127 | +928% |
| Plant, machinery and equipment | 23 | - | €1,047 | +€1,047 | |
| Furniture and vehicles | 24 | €1,198 | €11,278 | +€10,080 | +841% |
| Current assets | 29/58 | €85,144 | €87,598 | +€2,454 | +2.9% |
| Stocks and contracts in progress | 3 | - | €10,621 | +€10,621 | |
| Stocks | 30/36 | - | €10,621 | +€10,621 | |
| Amounts receivable within one year | 40/41 | €42,694 | €68,371 | +€25,677 | +60.1% |
| Trade receivables | 40 | €39,982 | €53,526 | +€13,544 | +33.9% |
| Other amounts receivable | 41 | €2,713 | €14,845 | +€12,132 | +447% |
| Cash at bank and in hand | 54/58 | €42,449 | €5,142 | -€37,307 | -87.9% |
| Deferred charges and accrued income | 490/1 | - | €3,465 | +€3,465 | |
| Total equity and liabilities | 10/49 | €86,342 | €99,923 | +€13,581 | +15.7% |
| Equity | 10/15 | €26,743 | €20,911 | -€5,832 | -21.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Capital | 10 | €2,000 | €2,000 | = | 0.0% |
| Issued capital | 100 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €5,000 | €5,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,743 | €13,911 | -€5,832 | -29.5% |
| Amounts payable | 17/49 | €59,600 | €79,012 | +€19,413 | +32.6% |
| Amounts payable after more than one year | 17 | €24,797 | €17,071 | -€7,726 | -31.2% |
| Financial debts | 170/4 | €24,797 | €17,071 | -€7,726 | -31.2% |
| Amounts payable within one year | 42/48 | €34,802 | €61,941 | +€27,139 | +78.0% |
| Current portion of amounts payable after more than one year | 42 | €8,120 | €7,726 | -€394 | -4.9% |
| Trade debts | 44 | €4,450 | €37,015 | +€32,565 | +732% |
| Suppliers | 440/4 | €4,450 | €37,015 | +€32,565 | +732% |
| Taxes, remuneration and social security | 45 | €21,805 | €17,200 | -€4,605 | -21.1% |
| Taxes | 450/3 | €20,010 | €5,600 | -€14,410 | -72.0% |
| Remuneration and social security | 454/9 | €1,795 | €11,600 | +€9,805 | +546% |
| Other amounts payable | 47/48 | €428 | - | -€428 | |
| Remuneration, social security and pensions | 62 | €23,392 | €97,180 | +€73,788 | +315% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €607 | €1,888 | +€1,281 | +211% |
| Other operating charges | 640/8 | €1,831 | €7,682 | +€5,851 | +320% |
| Gross operating margin | 9900 | €61,980 | €112,554 | +€50,574 | +81.6% |
| Operating profit (loss) | 9901 | €36,150 | €5,804 | -€30,346 | -83.9% |
| Financial income | 75/76B | - | €6 | +€6 | |
| Recurring financial income | 75 | - | €6 | +€6 | |
| Financial charges | 65/66B | €3,491 | €10,618 | +€7,127 | +204% |
| Recurring financial charges | 65 | €3,491 | €10,618 | +€7,127 | +204% |
| Profit (loss) for the period before taxes | 9903 | €32,660 | -€4,807 | -€37,467 | |
| Income taxes | 67/77 | €7,016 | €638 | -€6,378 | -90.9% |
| Profit (loss) for the period | 9904 | €25,644 | -€5,445 | -€31,089 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,644 | -€5,445 | -€31,089 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.