HELSSEN: 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.
HELSSEN
Largest movements
- Tangible fixed assets -€11,453
down €11,453 (-5.4%), from €213,803 to €202,349
of which Land and buildings: -€15,747
- Receivables within one year -€7,936
down €7,936 (-69.2%), from €11,465 to €3,529
of which Other amounts receivable: -€7,936
- Profit (loss) carried forward -€18,496
down €18,496 (-56.2%), from -€32,923 to -€51,419
- Debts after one year -€12,165
down €12,165 (-36.0%), from €33,822 to €21,657
of which Financial debts: -€12,165
- Other debts +€11,510
up €11,510 (+20.2%), from €56,855 to €68,365
- Trade debts -€3,063
down €3,063 (-24.1%), from €12,719 to €9,656
- Gross operating margin +€7,503
up €7,503 (+80.0%), from -€9,384 to -€1,880
- Taxes -€6,906
down €6,906, from €48 to -€6,859
- Financial charges -€718
down €718 (-23.2%), from €3,095 to €2,376
- Depreciation +€371
up €371 (+2.0%), from €18,282 to €18,653
- Other operating charges +€330
up €330 (+15.6%), from €2,114 to €2,444
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 | €257,888 | €236,800 | -€21,088 | -8.2% |
| Fixed assets | 21/28 | €213,803 | €202,349 | -€11,453 | -5.4% |
| Tangible fixed assets | 22/27 | €213,803 | €202,349 | -€11,453 | -5.4% |
| Land and buildings | 22 | €208,582 | €192,835 | -€15,747 | -7.5% |
| Plant, machinery and equipment | 23 | €162 | €0 | -€162 | -100% |
| Furniture and vehicles | 24 | €5,059 | €9,514 | +€4,455 | +88.1% |
| Current assets | 29/58 | €44,085 | €34,451 | -€9,635 | -21.9% |
| Amounts receivable within one year | 40/41 | €11,465 | €3,529 | -€7,936 | -69.2% |
| Trade receivables | 40 | €3,127 | €3,127 | = | 0.0% |
| Other amounts receivable | 41 | €8,338 | €402 | -€7,936 | -95.2% |
| Cash at bank and in hand | 54/58 | €31,555 | €29,955 | -€1,600 | -5.1% |
| Deferred charges and accrued income | 490/1 | €1,065 | €966 | -€99 | -9.3% |
| Total equity and liabilities | 10/49 | €257,888 | €236,800 | -€21,088 | -8.2% |
| Equity | 10/15 | €142,278 | €123,783 | -€18,496 | -13.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €156,601 | €156,601 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €154,741 | €154,741 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€32,923 | -€51,419 | -€18,496 | -56.2% |
| Amounts payable | 17/49 | €115,610 | €113,017 | -€2,593 | -2.2% |
| Amounts payable after more than one year | 17 | €33,822 | €21,657 | -€12,165 | -36.0% |
| Financial debts | 170/4 | €30,672 | €18,507 | -€12,165 | -39.7% |
| Other amounts payable | 178/9 | €3,150 | €3,150 | = | 0.0% |
| Amounts payable within one year | 42/48 | €81,788 | €90,186 | +€8,397 | +10.3% |
| Current portion of amounts payable after more than one year | 42 | €12,214 | €12,165 | -€49 | -0.4% |
| Trade debts | 44 | €12,719 | €9,656 | -€3,063 | -24.1% |
| Suppliers | 440/4 | €12,719 | €9,656 | -€3,063 | -24.1% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €56,855 | €68,365 | +€11,510 | +20.2% |
| Accrued charges and deferred income | 492/3 | €0 | €1,175 | +€1,175 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,282 | €18,653 | +€371 | +2.0% |
| Other operating charges | 640/8 | €2,114 | €2,444 | +€330 | +15.6% |
| Gross operating margin | 9900 | -€9,384 | -€1,880 | +€7,503 | +80.0% |
| Operating profit (loss) | 9901 | -€29,781 | -€22,978 | +€6,803 | +22.8% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €3,095 | €2,376 | -€718 | -23.2% |
| Recurring financial charges | 65 | €3,095 | €2,376 | -€718 | -23.2% |
| Profit (loss) for the period before taxes | 9903 | -€32,875 | -€25,354 | +€7,521 | +22.9% |
| Income taxes | 67/77 | €48 | -€6,859 | -€6,906 | |
| Profit (loss) for the period | 9904 | -€32,923 | -€18,496 | +€14,427 | +43.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€32,923 | -€18,496 | +€14,427 | +43.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.