Helsen-Ven: 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-Ven
Largest movements
- Tangible fixed assets +€108,402
up €108,402 (+15.2%), from €712,188 to €820,590
of which Land and buildings: +€132,994
- Cash +€27,868
up €27,868 (+43.8%), from €63,658 to €91,526
mainly Debts after one year (+€91,167) and Depreciation (+€71,586)
- Receivables within one year -€12,396
down €12,396 (-35.3%), from €35,115 to €22,720
of which Other amounts receivable: -€12,396
- Debts after one year +€91,167
up €91,167 (+47.6%), from €191,656 to €282,823
- Other debts +€35,092
up €35,092 (+150%), from €23,443 to €58,535
- Financial income +€30,620
up €30,620 (+2,966%), from €1,032 to €31,652
- Gross operating margin +€8,005
up €8,005 (+6.1%), from €130,400 to €138,405
- Depreciation +€6,245
up €6,245 (+9.6%), from €65,341 to €71,586
- Other operating charges -€5,581
down €5,581 (-59.3%), from €9,416 to €3,835
- Taxes +€3,985
up €3,985 (+24.9%), from €15,973 to €19,957
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 | €903,982 | €1,032,939 | +€128,957 | +14.3% |
| Fixed assets | 21/28 | €716,188 | €824,590 | +€108,402 | +15.1% |
| Tangible fixed assets | 22/27 | €712,188 | €820,590 | +€108,402 | +15.2% |
| Land and buildings | 22 | €635,808 | €768,802 | +€132,994 | +20.9% |
| Plant, machinery and equipment | 23 | €736 | €0 | -€736 | -100% |
| Furniture and vehicles | 24 | €75,644 | €51,788 | -€23,856 | -31.5% |
| Financial fixed assets | 28 | €4,000 | €4,000 | = | 0.0% |
| Current assets | 29/58 | €187,794 | €208,349 | +€20,555 | +10.9% |
| Amounts receivable within one year | 40/41 | €35,115 | €22,720 | -€12,396 | -35.3% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €35,115 | €22,720 | -€12,396 | -35.3% |
| Current investments | 50/53 | €88,513 | €93,595 | +€5,082 | +5.7% |
| Cash at bank and in hand | 54/58 | €63,658 | €91,526 | +€27,868 | +43.8% |
| Deferred charges and accrued income | 490/1 | €507 | €508 | +€1 | +0.1% |
| Total equity and liabilities | 10/49 | €903,982 | €1,032,939 | +€128,957 | +14.3% |
| Equity | 10/15 | €633,843 | €631,921 | -€1,923 | -0.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €608,613 | €606,690 | -€1,923 | -0.3% |
| Distributable reserves | 133 | €608,613 | €606,690 | -€1,923 | -0.3% |
| Profit (loss) carried forward | 14 | €19,031 | €19,031 | = | 0.0% |
| Amounts payable | 17/49 | €270,139 | €401,018 | +€130,879 | +48.4% |
| Amounts payable after more than one year | 17 | €191,656 | €282,823 | +€91,167 | +47.6% |
| Financial debts | 170/4 | €191,656 | €282,823 | +€91,167 | +47.6% |
| Amounts payable within one year | 42/48 | €78,482 | €118,195 | +€39,713 | +50.6% |
| Current portion of amounts payable after more than one year | 42 | €47,024 | €56,660 | +€9,636 | +20.5% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €8,015 | €3,000 | -€5,015 | -62.6% |
| Taxes | 450/3 | €5,165 | €3,000 | -€2,165 | -41.9% |
| Remuneration and social security | 454/9 | €2,850 | €0 | -€2,850 | -100% |
| Other amounts payable | 47/48 | €23,443 | €58,535 | +€35,092 | +150% |
| Non-recurring operating income | 76A | €62,500 | €62,500 | +€0 | 0.0% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,341 | €71,586 | +€6,245 | +9.6% |
| Other operating charges | 640/8 | €9,416 | €3,835 | -€5,581 | -59.3% |
| Gross operating margin | 9900 | €130,400 | €138,405 | +€8,005 | +6.1% |
| Operating profit (loss) | 9901 | €55,643 | €62,984 | +€7,341 | +13.2% |
| Financial income | 75/76B | €1,032 | €31,652 | +€30,620 | +2,966% |
| Recurring financial income | 75 | €1,032 | €31,652 | +€30,620 | +2,966% |
| Financial charges | 65/66B | €4,930 | €5,601 | +€672 | +13.6% |
| Recurring financial charges | 65 | €4,930 | €5,601 | +€672 | +13.6% |
| Profit (loss) for the period before taxes | 9903 | €51,745 | €89,035 | +€37,289 | +72.1% |
| Income taxes | 67/77 | €15,973 | €19,957 | +€3,985 | +24.9% |
| Profit (loss) for the period | 9904 | €35,773 | €69,077 | +€33,305 | +93.1% |
| Profit (loss) for the period to be appropriated | 9905 | €35,773 | €69,077 | +€33,305 | +93.1% |
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 25 October 2026 via checked.be.