Helsens Daniel: 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.
Helsens Daniel
Largest movements
- Tangible fixed assets +€38,006
up €38,006 (+140%), from €27,226 to €65,232
of which Furniture and vehicles: +€30,968
- Receivables within one year +€7,677
up €7,677 (+22.6%), from €34,027 to €41,704
of which Other amounts receivable: +€11,727
- Cash -€4,161
down €4,161 (-23.0%), from €18,052 to €13,891
mainly Investment in fixed assets (net) (-€45,024) and Short-term financial debts (-€9,332)
- Deferred charges and accrued income -€1,600
down €1,600 (-29.5%), from €5,426 to €3,826
- Debts after one year +€31,052
up €31,052 (+165%), from €18,803 to €49,855
- Reserves +€24,102
up €24,102 (+189%), from €12,750 to €36,852
- Profit (loss) carried forward -€13,161
down €13,161 (-100%), from €13,161 to €0
- Short-term financial debts -€9,332
down €9,332 (-99.8%), from €9,354 to €22
of which Other loans: -€6,000
- Current portion of long-term debt +€8,091
up €8,091 (+134%), from €6,049 to €14,140
- Staff costs -€18,760
down €18,760 (-24.0%), from €78,227 to €59,467
- Taxes +€3,775
up €3,775 (+200%), from €1,886 to €5,662
- Gross operating margin -€3,738
down €3,738 (-4.1%), from €90,156 to €86,418
- Depreciation +€2,250
up €2,250 (+47.2%), from €4,768 to €7,018
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 | €87,007 | €125,923 | +€38,916 | +44.7% |
| Fixed assets | 21/28 | €28,496 | €66,502 | +€38,006 | +133% |
| Tangible fixed assets | 22/27 | €27,226 | €65,232 | +€38,006 | +140% |
| Plant, machinery and equipment | 23 | €21,978 | €29,016 | +€7,038 | +32.0% |
| Furniture and vehicles | 24 | €5,248 | €36,215 | +€30,968 | +590% |
| Financial fixed assets | 28 | €1,271 | €1,271 | = | 0.0% |
| Current assets | 29/58 | €58,511 | €59,421 | +€910 | +1.6% |
| Amounts receivable within one year | 40/41 | €34,027 | €41,704 | +€7,677 | +22.6% |
| Trade receivables | 40 | €7,324 | €3,273 | -€4,051 | -55.3% |
| Other amounts receivable | 41 | €26,703 | €38,431 | +€11,727 | +43.9% |
| Current investments | 50/53 | €1,005 | €0 | -€1,005 | -100% |
| Cash at bank and in hand | 54/58 | €18,052 | €13,891 | -€4,161 | -23.0% |
| Deferred charges and accrued income | 490/1 | €5,426 | €3,826 | -€1,600 | -29.5% |
| Total equity and liabilities | 10/49 | €87,007 | €125,923 | +€38,916 | +44.7% |
| Equity | 10/15 | €28,511 | €39,452 | +€10,941 | +38.4% |
| Contributions | 10/11 | €2,600 | €2,600 | = | 0.0% |
| Reserves | 13 | €12,750 | €36,852 | +€24,102 | +189% |
| Distributable reserves | 133 | €12,750 | €36,852 | +€24,102 | +189% |
| Profit (loss) carried forward | 14 | €13,161 | €0 | -€13,161 | -100% |
| Amounts payable | 17/49 | €58,496 | €86,471 | +€27,975 | +47.8% |
| Amounts payable after more than one year | 17 | €18,803 | €49,855 | +€31,052 | +165% |
| Financial debts | 170/4 | €18,803 | €49,855 | +€31,052 | +165% |
| Amounts payable within one year | 42/48 | €38,043 | €33,947 | -€4,095 | -10.8% |
| Current portion of amounts payable after more than one year | 42 | €6,049 | €14,140 | +€8,091 | +134% |
| Financial debts | 43 | €9,354 | €22 | -€9,332 | -99.8% |
| Credit institutions | 430/8 | €3,354 | €22 | -€3,332 | -99.3% |
| Other loans | 439 | €6,000 | €0 | -€6,000 | -100% |
| Trade debts | 44 | €11,217 | €8,657 | -€2,560 | -22.8% |
| Suppliers | 440/4 | €11,217 | €8,657 | -€2,560 | -22.8% |
| Taxes, remuneration and social security | 45 | €11,423 | €11,128 | -€295 | -2.6% |
| Taxes | 450/3 | €3,000 | €5,658 | +€2,658 | +88.6% |
| Remuneration and social security | 454/9 | €8,423 | €5,470 | -€2,953 | -35.1% |
| Accrued charges and deferred income | 492/3 | €1,650 | €2,668 | +€1,018 | +61.7% |
| Remuneration, social security and pensions | 62 | €78,227 | €59,467 | -€18,760 | -24.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,768 | €7,018 | +€2,250 | +47.2% |
| Other operating charges | 640/8 | €1,584 | €1,755 | +€171 | +10.8% |
| Gross operating margin | 9900 | €90,156 | €86,418 | -€3,738 | -4.1% |
| Operating profit (loss) | 9901 | €5,577 | €18,178 | +€12,601 | +226% |
| Financial income | 75/76B | €1,430 | €1,942 | +€512 | +35.8% |
| Recurring financial income | 75 | €1,430 | €1,942 | +€512 | +35.8% |
| Financial charges | 65/66B | €3,381 | €3,517 | +€135 | +4.0% |
| Recurring financial charges | 65 | €3,381 | €3,517 | +€135 | +4.0% |
| Profit (loss) for the period before taxes | 9903 | €3,626 | €16,603 | +€12,977 | +358% |
| Income taxes | 67/77 | €1,886 | €5,662 | +€3,775 | +200% |
| Profit (loss) for the period | 9904 | €1,739 | €10,941 | +€9,202 | +529% |
| Profit (loss) for the period to be appropriated | 9905 | €1,739 | €10,941 | +€9,202 | +529% |
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 28 October 2026 via checked.be.