HELT CONSULTING: 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.
HELT CONSULTING
Largest movements
- Financial fixed assets -€801,026
down €801,026 (-84.2%), from €951,022 to €149,996
- Receivables within one year -€175,294
down €175,294 (-76.8%), from €228,150 to €52,856
of which Trade receivables: -€179,250
- Current investments -€100,000
down €100,000 (-20.0%), from €500,000 to €400,000
- Receivables after one year -€83,306
down €83,306 (-100%), from €83,306 to €0
- Cash +€68,875
up €68,875 (+297%), from €23,208 to €92,084
mainly Investment in fixed assets (net) (+€801,026) and Receivables within one year (+€175,294)
- Profit (loss) carried forward -€1.1m
down €1.1m (-62.1%), from €1.8m to €676,095
- Financial charges +€801,208
up €801,208 (+80,848%), from €991 to €802,199
of which Non-recurring financial charges: +€801,026
- Write-downs +€315,806
new in 2025: €315,806
- Gross operating margin -€33,942
down €33,942, from €26,122 to -€7,820
- Financial income +€25,442
up €25,442 (+556%), from €4,572 to €30,014
- Taxes -€4,177
down €4,177 (-90.9%), from €4,594 to €417
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 | €1,819,336 | €718,410 | -€1.1m | -60.5% |
| Fixed assets | 21/28 | €981,522 | €170,689 | -€810,833 | -82.6% |
| Tangible fixed assets | 22/27 | €30,500 | €20,693 | -€9,808 | -32.2% |
| Land and buildings | 22 | €8,962 | €7,897 | -€1,064 | -11.9% |
| Furniture and vehicles | 24 | €21,539 | €12,795 | -€8,743 | -40.6% |
| Financial fixed assets | 28 | €951,022 | €149,996 | -€801,026 | -84.2% |
| Current assets | 29/58 | €837,813 | €547,721 | -€290,092 | -34.6% |
| Amounts receivable after more than one year | 29 | €83,306 | €0 | -€83,306 | -100% |
| Trade receivables | 290 | €83,306 | €0 | -€83,306 | -100% |
| Amounts receivable within one year | 40/41 | €228,150 | €52,856 | -€175,294 | -76.8% |
| Trade receivables | 40 | €228,075 | €48,825 | -€179,250 | -78.6% |
| Other amounts receivable | 41 | €75 | €4,031 | +€3,956 | +5,281% |
| Current investments | 50/53 | €500,000 | €400,000 | -€100,000 | -20.0% |
| Cash at bank and in hand | 54/58 | €23,208 | €92,084 | +€68,875 | +297% |
| Deferred charges and accrued income | 490/1 | €3,149 | €2,781 | -€368 | -11.7% |
| Total equity and liabilities | 10/49 | €1,819,336 | €718,410 | -€1.1m | -60.5% |
| Equity | 10/15 | €1,804,640 | €696,555 | -€1.1m | -61.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | €1,784,180 | €676,095 | -€1.1m | -62.1% |
| Amounts payable | 17/49 | €14,696 | €21,855 | +€7,159 | +48.7% |
| Amounts payable within one year | 42/48 | €14,696 | €21,855 | +€7,159 | +48.7% |
| Trade debts | 44 | €297 | €4,312 | +€4,015 | +1,350% |
| Suppliers | 440/4 | €297 | €4,312 | +€4,015 | +1,350% |
| Taxes, remuneration and social security | 45 | €10,216 | €13,361 | +€3,145 | +30.8% |
| Taxes | 450/3 | €10,216 | €13,361 | +€3,145 | +30.8% |
| Other amounts payable | 47/48 | €4,182 | €4,182 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,808 | €9,808 | -€0 | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €315,806 | +€315,806 | |
| Other operating charges | 640/8 | €1,730 | €2,049 | +€319 | +18.5% |
| Gross operating margin | 9900 | €26,122 | -€7,820 | -€33,942 | |
| Operating profit (loss) | 9901 | €14,585 | -€335,483 | -€350,067 | |
| Financial income | 75/76B | €4,572 | €30,014 | +€25,442 | +556% |
| Recurring financial income | 75 | €4,572 | €30,014 | +€25,442 | +556% |
| Financial charges | 65/66B | €991 | €802,199 | +€801,208 | +80,848% |
| Recurring financial charges | 65 | €991 | €1,173 | +€182 | +18.4% |
| Non-recurring financial charges | 66B | - | €801,026 | +€801,026 | |
| Profit (loss) for the period before taxes | 9903 | €18,166 | -€1,107,668 | -€1.1m | |
| Income taxes | 67/77 | €4,594 | €417 | -€4,177 | -90.9% |
| Profit (loss) for the period | 9904 | €13,571 | -€1,108,085 | -€1.1m | |
| Profit (loss) for the period to be appropriated | 9905 | €13,571 | -€1,108,085 | -€1.1m |
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 27 October 2026 via checked.be.