HELSEN TAILORS: 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 TAILORS
Largest movements
- Stocks and contracts -€84,888
down €84,888 (-8.4%), from €1.0m to €924,762
- Deferred charges and accrued income +€68,211
up €68,211 (+4,485%), from €1,521 to €69,731
- Cash +€35,764
up €35,764 (+24.3%), from €147,061 to €182,826
mainly Stocks and contracts (+€84,888) and Net result for the year (+€59,785)
- Receivables within one year -€26,173
down €26,173 (-30.3%), from €86,352 to €60,179
of which Trade receivables: -€30,492
- Reserves +€59,785
up €59,785 (+19.6%), from €305,463 to €365,248
of which Distributable reserves: +€59,785
- Other debts -€30,892
down €30,892 (-14.2%), from €217,714 to €186,822
- Trade debts -€29,179
down €29,179 (-24.3%), from €119,974 to €90,794
- Write-downs +€227,360
up €227,360, from -€184,070 to €43,291
- Gross operating margin +€212,411
up €212,411 (+64.5%), from €329,067 to €541,478
- Other operating charges +€23,111
up €23,111 (+1,215%), from €1,902 to €25,013
- Staff costs -€12,859
down €12,859 (-3.3%), from €390,889 to €378,030
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,288,723 | €1,276,302 | -€12,421 | -1.0% |
| Fixed assets | 21/28 | €44,138 | €38,803 | -€5,335 | -12.1% |
| Intangible fixed assets | 21 | €195 | €0 | -€195 | -100% |
| Tangible fixed assets | 22/27 | €43,942 | €38,803 | -€5,139 | -11.7% |
| Land and buildings | 22 | €38,700 | €33,328 | -€5,372 | -13.9% |
| Plant, machinery and equipment | 23 | €2,518 | €4,583 | +€2,064 | +82.0% |
| Furniture and vehicles | 24 | €2,724 | €892 | -€1,832 | -67.2% |
| Current assets | 29/58 | €1,244,585 | €1,237,499 | -€7,086 | -0.6% |
| Stocks and contracts in progress | 3 | €1,009,650 | €924,762 | -€84,888 | -8.4% |
| Stocks | 30/36 | €1,009,650 | €924,762 | -€84,888 | -8.4% |
| Amounts receivable within one year | 40/41 | €86,352 | €60,179 | -€26,173 | -30.3% |
| Trade receivables | 40 | €54,848 | €24,357 | -€30,492 | -55.6% |
| Other amounts receivable | 41 | €31,504 | €35,823 | +€4,318 | +13.7% |
| Cash at bank and in hand | 54/58 | €147,061 | €182,826 | +€35,764 | +24.3% |
| Deferred charges and accrued income | 490/1 | €1,521 | €69,731 | +€68,211 | +4,485% |
| Total equity and liabilities | 10/49 | €1,288,723 | €1,276,302 | -€12,421 | -1.0% |
| Equity | 10/15 | €575,463 | €635,248 | +€59,785 | +10.4% |
| Contributions | 10/11 | €270,000 | €270,000 | = | 0.0% |
| Reserves | 13 | €305,463 | €365,248 | +€59,785 | +19.6% |
| Non-distributable reserves | 130/1 | €27,000 | €27,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €27,000 | €27,000 | = | 0.0% |
| Distributable reserves | 133 | €278,463 | €338,248 | +€59,785 | +21.5% |
| Amounts payable | 17/49 | €713,260 | €641,054 | -€72,206 | -10.1% |
| Amounts payable within one year | 42/48 | €701,327 | €638,402 | -€62,926 | -9.0% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €300,000 | €300,000 | = | 0.0% |
| Credit institutions | 430/8 | €300,000 | €300,000 | = | 0.0% |
| Trade debts | 44 | €119,974 | €90,794 | -€29,179 | -24.3% |
| Suppliers | 440/4 | €119,974 | €90,794 | -€29,179 | -24.3% |
| Taxes, remuneration and social security | 45 | €63,640 | €60,785 | -€2,855 | -4.5% |
| Taxes | 450/3 | €22,775 | €21,538 | -€1,238 | -5.4% |
| Remuneration and social security | 454/9 | €40,865 | €39,248 | -€1,617 | -4.0% |
| Other amounts payable | 47/48 | €217,714 | €186,822 | -€30,892 | -14.2% |
| Accrued charges and deferred income | 492/3 | €11,932 | €2,653 | -€9,280 | -77.8% |
| Remuneration, social security and pensions | 62 | €390,889 | €378,030 | -€12,859 | -3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,512 | €8,523 | -€1,989 | -18.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€184,070 | €43,291 | +€227,360 | |
| Other operating charges | 640/8 | €1,902 | €25,013 | +€23,111 | +1,215% |
| Gross operating margin | 9900 | €329,067 | €541,478 | +€212,411 | +64.5% |
| Operating profit (loss) | 9901 | €109,834 | €86,623 | -€23,211 | -21.1% |
| Financial income | 75/76B | €0 | €182 | +€182 | +455,400% |
| Recurring financial income | 75 | €0 | €182 | +€182 | +455,400% |
| Financial charges | 65/66B | €29,626 | €27,020 | -€2,606 | -8.8% |
| Recurring financial charges | 65 | €29,626 | €27,020 | -€2,606 | -8.8% |
| Profit (loss) for the period before taxes | 9903 | €80,208 | €59,785 | -€20,423 | -25.5% |
| Profit (loss) for the period | 9904 | €80,208 | €59,785 | -€20,423 | -25.5% |
| Profit (loss) for the period to be appropriated | 9905 | €80,208 | €59,785 | -€20,423 | -25.5% |
Source: filed annual accounts (NBB), financial years ended 31 January 2025 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.