HELTITEC: what changed
Two fiscal 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.
HELTITEC
Largest movements
- Cash +€154,020
up €154,020 (+91.8%), from €167,854 to €321,875
mainly Net result for the year (+€249,005) and Investment in fixed assets (net) (+€140,934)
- Tangible fixed assets -€142,213
down €142,213 (-98.9%), from €143,850 to €1,636
of which Land and buildings: -€140,889
- Current investments +€61,845
up €61,845 (+22.9%), from €270,487 to €332,332
- Other debts +€31,171
up €31,171 (+222.6%), from €14,005 to €45,176
- Reserves +€22,579
up €22,579 (+5.9%), from €384,624 to €407,203
of which Distributable reserves: +€22,579
- Tax, wage and social debts +€19,037
up €19,037 (+133.0%), from €14,308 to €33,345
- Gross operating margin +€206,164
up €206,164 (+129.7%), from €158,991 to €365,155
- Taxes +€70,006
up €70,006 (+145.0%), from €48,276 to €118,282
- Depreciation -€9,768
down €9,768 (-88.1%), from €11,092 to €1,324
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.
Cash bridge derived
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 | €606,892 | €678,891 | +€71,999 | +11.9% |
| Fixed assets | 21/28 | €143,895 | €1,636 | -€142,258 | -98.9% |
| Tangible fixed assets | 22/27 | €143,850 | €1,636 | -€142,213 | -98.9% |
| Land and buildings | 22 | €140,889 | €0 | -€140,889 | -100.0% |
| Furniture and vehicles | 24 | €2,960 | €1,636 | -€1,324 | -44.7% |
| Financial fixed assets | 28 | €45 | €0 | -€45 | -100.0% |
| Current assets | 29/58 | €462,997 | €677,255 | +€214,257 | +46.3% |
| Amounts receivable within one year | 40/41 | €21,156 | €19,757 | -€1,399 | -6.6% |
| Trade receivables | 40 | €11,639 | €15,598 | +€3,959 | +34.0% |
| Other amounts receivable | 41 | €9,517 | €4,159 | -€5,358 | -56.3% |
| Current investments | 50/53 | €270,487 | €332,332 | +€61,845 | +22.9% |
| Cash at bank and in hand | 54/58 | €167,854 | €321,875 | +€154,020 | +91.8% |
| Deferred charges and accrued income | 490/1 | €3,500 | €3,291 | -€209 | -6.0% |
| Total equity and liabilities | 10/49 | €606,892 | €678,891 | +€71,999 | +11.9% |
| Equity | 10/15 | €576,121 | €598,700 | +€22,579 | +3.9% |
| Contributions | 10/11 | €190,528 | €190,528 | = | 0.0% |
| Reserves | 13 | €384,624 | €407,203 | +€22,579 | +5.9% |
| Tax-exempt reserves | 132 | €2,565 | €2,565 | = | 0.0% |
| Distributable reserves | 133 | €382,059 | €404,638 | +€22,579 | +5.9% |
| Profit (loss) carried forward | 14 | €969 | €969 | = | 0.0% |
| Amounts payable | 17/49 | €30,771 | €80,190 | +€49,420 | +160.6% |
| Amounts payable within one year | 42/48 | €29,594 | €79,111 | +€49,517 | +167.3% |
| Trade debts | 44 | €1,281 | €590 | -€691 | -54.0% |
| Suppliers | 440/4 | €1,281 | €590 | -€691 | -54.0% |
| Taxes, remuneration and social security | 45 | €14,308 | €33,345 | +€19,037 | +133.0% |
| Taxes | 450/3 | €14,308 | €33,345 | +€19,037 | +133.0% |
| Other amounts payable | 47/48 | €14,005 | €45,176 | +€31,171 | +222.6% |
| Accrued charges and deferred income | 492/3 | €1,177 | €1,079 | -€97 | -8.3% |
| Non-recurring operating income | 76A | - | €209,111 | +€209,111 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,092 | €1,324 | -€9,768 | -88.1% |
| Other operating charges | 640/8 | €1,706 | €1,600 | -€107 | -6.2% |
| Gross operating margin | 9900 | €158,991 | €365,155 | +€206,164 | +129.7% |
| Operating profit (loss) | 9901 | €146,192 | €362,231 | +€216,039 | +147.8% |
| Financial income | 75/76B | €2,662 | €5,568 | +€2,906 | +109.2% |
| Recurring financial income | 75 | €2,662 | €5,568 | +€2,906 | +109.2% |
| Financial charges | 65/66B | €511 | €512 | +€1 | +0.2% |
| Recurring financial charges | 65 | €511 | €512 | +€1 | +0.2% |
| Profit (loss) for the period before taxes | 9903 | €148,343 | €367,286 | +€218,944 | +147.6% |
| Income taxes | 67/77 | €48,276 | €118,282 | +€70,006 | +145.0% |
| Profit (loss) for the period | 9904 | €100,067 | €249,005 | +€148,938 | +148.8% |
| Profit (loss) for the period to be appropriated | 9905 | €100,067 | €249,005 | +€148,938 | +148.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.