HELVEN CONSTRUCTIE: 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.
HELVEN CONSTRUCTIE
Largest movements
- Receivables within one year +€92,306
up €92,306 (+27.7%), from €332,732 to €425,038
of which Trade receivables: +€98,925
- Stocks and contracts -€19,804
down €19,804 (-7.6%), from €259,769 to €239,965
of which Stocks: -€15,364
- Tangible fixed assets -€19,438
down €19,438 (-25.0%), from €77,754 to €58,316
- Cash -€8,704
down €8,704 (-47.5%), from €18,313 to €9,609
mainly Receivables within one year (-€92,306) and Debts after one year (-€12,961)
- Other debts +€50,114
up €50,114 (+20.0%), from €251,095 to €301,209
- Debts after one year -€12,961
down €12,961 (-79.9%), from €16,217 to €3,256
- Gross operating margin +€19,993
up €19,993 (+14.7%), from €135,985 to €155,978
- Staff costs +€17,205
up €17,205 (+16.2%), from €106,005 to €123,210
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 | €691,587 | €735,937 | +€44,350 | +6.4% |
| Fixed assets | 21/28 | €78,254 | €58,816 | -€19,438 | -24.8% |
| Tangible fixed assets | 22/27 | €77,754 | €58,316 | -€19,438 | -25.0% |
| Land and buildings | 22 | €77,754 | €58,316 | -€19,438 | -25.0% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €613,333 | €677,121 | +€63,788 | +10.4% |
| Stocks and contracts in progress | 3 | €259,769 | €239,965 | -€19,804 | -7.6% |
| Stocks | 30/36 | €80,706 | €65,342 | -€15,364 | -19.0% |
| Contracts in progress | 37 | €179,063 | €174,623 | -€4,440 | -2.5% |
| Amounts receivable within one year | 40/41 | €332,732 | €425,038 | +€92,306 | +27.7% |
| Trade receivables | 40 | €315,416 | €414,341 | +€98,925 | +31.4% |
| Other amounts receivable | 41 | €17,316 | €10,697 | -€6,619 | -38.2% |
| Cash at bank and in hand | 54/58 | €18,313 | €9,609 | -€8,704 | -47.5% |
| Deferred charges and accrued income | 490/1 | €2,519 | €2,509 | -€10 | -0.4% |
| Total equity and liabilities | 10/49 | €691,587 | €735,937 | +€44,350 | +6.4% |
| Equity | 10/15 | €280,322 | €280,486 | +€164 | +0.1% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €218,822 | €218,986 | +€164 | +0.1% |
| Non-distributable reserves | 130/1 | €3,099 | €3,099 | = | 0.0% |
| Legal reserve | 130 | €3,099 | €3,099 | = | 0.0% |
| Distributable reserves | 133 | €215,723 | €215,887 | +€164 | +0.1% |
| Amounts payable | 17/49 | €411,265 | €455,451 | +€44,186 | +10.7% |
| Amounts payable after more than one year | 17 | €16,217 | €3,256 | -€12,961 | -79.9% |
| Financial debts | 170/4 | €16,217 | €3,256 | -€12,961 | -79.9% |
| Amounts payable within one year | 42/48 | €393,819 | €452,005 | +€58,186 | +14.8% |
| Current portion of amounts payable after more than one year | 42 | €12,700 | €12,960 | +€260 | +2.0% |
| Trade debts | 44 | €111,985 | €114,057 | +€2,072 | +1.9% |
| Suppliers | 440/4 | €111,985 | €114,057 | +€2,072 | +1.9% |
| Taxes, remuneration and social security | 45 | €18,039 | €23,779 | +€5,740 | +31.8% |
| Taxes | 450/3 | €1,309 | €3,890 | +€2,581 | +197.2% |
| Remuneration and social security | 454/9 | €16,730 | €19,889 | +€3,159 | +18.9% |
| Other amounts payable | 47/48 | €251,095 | €301,209 | +€50,114 | +20.0% |
| Accrued charges and deferred income | 492/3 | €1,229 | €190 | -€1,039 | -84.5% |
| Remuneration, social security and pensions | 62 | €106,005 | €123,210 | +€17,205 | +16.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,439 | €19,439 | = | 0.0% |
| Other operating charges | 640/8 | €8,867 | €10,341 | +€1,474 | +16.6% |
| Gross operating margin | 9900 | €135,985 | €155,978 | +€19,993 | +14.7% |
| Operating profit (loss) | 9901 | €1,674 | €2,988 | +€1,314 | +78.5% |
| Financial income | 75/76B | €674 | €879 | +€205 | +30.4% |
| Recurring financial income | 75 | €674 | €879 | +€205 | +30.4% |
| Financial charges | 65/66B | €1,469 | €2,821 | +€1,352 | +92.0% |
| Recurring financial charges | 65 | €1,469 | €2,821 | +€1,352 | +92.0% |
| Profit (loss) for the period before taxes | 9903 | €879 | €1,046 | +€167 | +19.0% |
| Income taxes | 67/77 | €814 | €882 | +€68 | +8.4% |
| Profit (loss) for the period | 9904 | €65 | €164 | +€99 | +152.3% |
| Profit (loss) for the period to be appropriated | 9905 | €65 | €164 | +€99 | +152.3% |
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 10 October 2026 via checked.be.