Helto Engineering: 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.
Helto Engineering
Largest movements
- Tangible fixed assets +€48,651
up €48,651 (+163.7%), from €29,714 to €78,365
- Cash +€24,500
up €24,500 (+17.6%), from €139,354 to €163,854
mainly Net result for the year (+€61,290) and Receivables within one year (+€18,492)
- Receivables within one year -€18,492
down €18,492 (-42.3%), from €43,710 to €25,217
of which Trade receivables: -€25,094
- Profit (loss) carried forward +€61,290
up €61,290 (+37.8%), from €162,178 to €223,468
- Tax, wage and social debts -€10,762
down €10,762 (-40.8%), from €26,375 to €15,613
- Other debts +€4,220
new in 2025: €4,220
- Gross operating margin -€26,295
down €26,295 (-21.3%), from €123,333 to €97,038
- Taxes -€8,191
down €8,191 (-34.1%), from €24,031 to €15,840
- Other operating charges +€7,097
up €7,097 (+11123.1%), from €64 to €7,160
- Depreciation +€3,871
up €3,871 (+40.4%), from €9,578 to €13,448
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 | €212,778 | €267,436 | +€54,658 | +25.7% |
| Fixed assets | 21/28 | €29,714 | €78,365 | +€48,651 | +163.7% |
| Tangible fixed assets | 22/27 | €29,714 | €78,365 | +€48,651 | +163.7% |
| Furniture and vehicles | 24 | €29,714 | €78,365 | +€48,651 | +163.7% |
| Current assets | 29/58 | €183,064 | €189,071 | +€6,007 | +3.3% |
| Amounts receivable within one year | 40/41 | €43,710 | €25,217 | -€18,492 | -42.3% |
| Trade receivables | 40 | €43,710 | €18,615 | -€25,094 | -57.4% |
| Other amounts receivable | 41 | - | €6,602 | +€6,602 | |
| Cash at bank and in hand | 54/58 | €139,354 | €163,854 | +€24,500 | +17.6% |
| Total equity and liabilities | 10/49 | €212,778 | €267,436 | +€54,658 | +25.7% |
| Equity | 10/15 | €164,178 | €225,468 | +€61,290 | +37.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €162,178 | €223,468 | +€61,290 | +37.8% |
| Amounts payable | 17/49 | €48,601 | €41,969 | -€6,632 | -13.6% |
| Amounts payable after more than one year | 17 | €22,029 | €22,029 | = | 0.0% |
| Financial debts | 170/4 | €22,029 | €22,029 | = | 0.0% |
| Amounts payable within one year | 42/48 | €26,571 | €19,939 | -€6,632 | -25.0% |
| Trade debts | 44 | €196 | €106 | -€90 | -45.8% |
| Suppliers | 440/4 | €196 | €106 | -€90 | -45.8% |
| Taxes, remuneration and social security | 45 | €26,375 | €15,613 | -€10,762 | -40.8% |
| Taxes | 450/3 | €26,375 | €15,613 | -€10,762 | -40.8% |
| Other amounts payable | 47/48 | - | €4,220 | +€4,220 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,578 | €13,448 | +€3,871 | +40.4% |
| Other operating charges | 640/8 | €64 | €7,160 | +€7,097 | +11123.1% |
| Gross operating margin | 9900 | €123,333 | €97,038 | -€26,295 | -21.3% |
| Operating profit (loss) | 9901 | €113,692 | €76,430 | -€37,262 | -32.8% |
| Financial income | 75/76B | €334 | €760 | +€426 | +127.7% |
| Recurring financial income | 75 | €334 | €760 | +€426 | +127.7% |
| Financial charges | 65/66B | €59 | €60 | +€1 | +0.9% |
| Recurring financial charges | 65 | €59 | €60 | +€1 | +0.9% |
| Profit (loss) for the period before taxes | 9903 | €113,966 | €77,130 | -€36,836 | -32.3% |
| Income taxes | 67/77 | €24,031 | €15,840 | -€8,191 | -34.1% |
| Profit (loss) for the period | 9904 | €89,935 | €61,290 | -€28,645 | -31.9% |
| Profit (loss) for the period to be appropriated | 9905 | €89,935 | €61,290 | -€28,645 | -31.9% |
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 4 October 2026 via checked.be.