HELUX: 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.
What changed
HELUX
NACE 49.410, Freight transport by road
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€4,378
2024 · -€51,244+€55,622
Equity
€956,800
2024 · €952,422+€4,378
Cash
€6,284
2024 · €9,119-€2,835
Balance sheet total
€1.6m
2024 · €1.6m-€18,823
Largest movements
Assets
- Tangible fixed assets -€46,235
down €46,235 (-3.2%), from €1.4m to €1.4m
of which Land and buildings: -€47,606
- Receivables within one year +€28,047
up €28,047 (+26.0%), from €107,902 to €135,949
of which Trade receivables: +€24,231
Equity and liabilities
- Debts after one year -€28,612
down €28,612 (-5.3%), from €543,587 to €514,975
- Trade debts +€16,051
up €16,051 (+86.9%), from €18,469 to €34,519
Income statement
- Gross operating margin +€46,687
up €46,687 (+73.4%), from €63,597 to €110,283
- Depreciation -€5,061
down €5,061 (-8.2%), from €62,067 to €57,005
- Other operating charges +€2,215
up €2,215 (+24.2%), from €9,159 to €11,374
- Financial charges -€1,164
down €1,164 (-4.3%), from €27,320 to €26,156
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.
Result 2024
-€51,244
Gross operating margin
+€46,687
Staff costs
-€126
Depreciation
+€5,061
Other operating charges
-€2,215
Other operating items
+€7,947
Financial income
-€238
Financial charges
+€1,164
Taxes
+€297
Deferred taxes and other
-€2,955
Result 2025
€4,378
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.
From operations
+€41,243
Investment
-€10,770
Financing
-€33,308
Cash 2024
€9,119
From operations (derived)
+€41,243
Net result for the year
+€4,378
Depreciation
+€57,005
Stocks and contracts
-€3,125
Receivables within one year
-€28,047
Deferred charges and accrued income
+€924
Provisions
-€1,308
Trade debts
+€16,051
Tax, wage and social debts
+€3,132
Other debts
+€750
Accrued charges and deferred income
-€8,517
Investment (derived)
-€10,770
Investment in fixed assets (net)
-€10,770
Financing
-€33,308
Debts after one year
-€28,612
Current portion of long-term debt
-€4,696
Cash 2025
€6,284
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,587,359 | €1,568,536 | -€18,823 | -1.2% |
| Fixed assets | 21/28 | €1,443,825 | €1,397,590 | -€46,235 | -3.2% |
| Tangible fixed assets | 22/27 | €1,438,210 | €1,391,975 | -€46,235 | -3.2% |
| Land and buildings | 22 | €1,424,964 | €1,377,358 | -€47,606 | -3.3% |
| Plant, machinery and equipment | 23 | €8,515 | €10,677 | +€2,162 | +25.4% |
| Furniture and vehicles | 24 | €4,731 | €3,940 | -€791 | -16.7% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Financial fixed assets | 28 | €5,615 | €5,615 | = | 0.0% |
| Current assets | 29/58 | €143,534 | €170,946 | +€27,412 | +19.1% |
| Stocks and contracts in progress | 3 | €23,646 | €26,771 | +€3,125 | +13.2% |
| Stocks | 30/36 | €23,646 | €26,771 | +€3,125 | +13.2% |
| Amounts receivable within one year | 40/41 | €107,902 | €135,949 | +€28,047 | +26.0% |
| Trade receivables | 40 | €34,993 | €59,224 | +€24,231 | +69.2% |
| Other amounts receivable | 41 | €72,910 | €76,725 | +€3,815 | +5.2% |
| Cash at bank and in hand | 54/58 | €9,119 | €6,284 | -€2,835 | -31.1% |
| Deferred charges and accrued income | 490/1 | €2,866 | €1,942 | -€924 | -32.2% |
| Total equity and liabilities | 10/49 | €1,587,359 | €1,568,536 | -€18,823 | -1.2% |
| Equity | 10/15 | €952,422 | €956,800 | +€4,378 | +0.5% |
| Contributions | 10/11 | €757,971 | €757,971 | = | 0.0% |
| Reserves | 13 | €194,451 | €198,829 | +€4,378 | +2.3% |
| Tax-exempt reserves | 132 | €70,323 | €66,399 | -€3,924 | -5.6% |
| Distributable reserves | 133 | €124,128 | €132,430 | +€8,302 | +6.7% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Provisions and deferred taxes | 16 | €23,441 | €22,133 | -€1,308 | -5.6% |
| Deferred taxes | 168 | €23,441 | €22,133 | -€1,308 | -5.6% |
| Amounts payable | 17/49 | €611,496 | €589,603 | -€21,893 | -3.6% |
| Amounts payable after more than one year | 17 | €543,587 | €514,975 | -€28,612 | -5.3% |
| Financial debts | 170/4 | €543,587 | €514,975 | -€28,612 | -5.3% |
| Amounts payable within one year | 42/48 | €59,392 | €74,628 | +€15,236 | +25.7% |
| Current portion of amounts payable after more than one year | 42 | €33,308 | €28,612 | -€4,696 | -14.1% |
| Trade debts | 44 | €18,469 | €34,519 | +€16,051 | +86.9% |
| Suppliers | 440/4 | €18,469 | €34,519 | +€16,051 | +86.9% |
| Taxes, remuneration and social security | 45 | €6,115 | €9,247 | +€3,132 | +51.2% |
| Taxes | 450/3 | €3,300 | €7,333 | +€4,033 | +122.2% |
| Remuneration and social security | 454/9 | €2,815 | €1,914 | -€901 | -32.0% |
| Other amounts payable | 47/48 | €1,500 | €2,250 | +€750 | +50.0% |
| Accrued charges and deferred income | 492/3 | €8,517 | €0 | -€8,517 | -100.0% |
| Non-recurring operating income | 76A | €9,843 | €5,043 | -€4,800 | -48.8% |
| Remuneration, social security and pensions | 62 | €16,366 | €16,492 | +€126 | +0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,067 | €57,005 | -€5,061 | -8.2% |
| Other operating charges | 640/8 | €9,159 | €11,374 | +€2,215 | +24.2% |
| Non-recurring operating charges | 66A | €7,947 | €0 | -€7,947 | -100.0% |
| Gross operating margin | 9900 | €63,597 | €110,283 | +€46,687 | +73.4% |
| Operating profit (loss) | 9901 | -€31,942 | €25,411 | +€57,354 | |
| Financial income | 75/76B | €4,250 | €4,012 | -€238 | -5.6% |
| Recurring financial income | 75 | €4,250 | €4,012 | -€238 | -5.6% |
| Financial charges | 65/66B | €27,320 | €26,156 | -€1,164 | -4.3% |
| Recurring financial charges | 65 | €27,320 | €26,156 | -€1,164 | -4.3% |
| Profit (loss) for the period before taxes | 9903 | -€55,013 | €3,267 | +€58,279 | |
| Transfer from deferred taxes | 780 | €4,263 | €1,308 | -€2,955 | -69.3% |
| Income taxes | 67/77 | €495 | €197 | -€297 | -60.1% |
| Profit (loss) for the period | 9904 | -€51,244 | €4,378 | +€55,622 | |
| Transfer from tax-exempt reserves | 789 | €12,789 | €3,924 | -€8,865 | -69.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€38,455 | €8,302 | +€46,756 |
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 5 October 2026 via checked.be.