Helvidi: 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.
Helvidi
Largest movements
- Cash +€67,817
up €67,817 (+274%), from €24,737 to €92,554
mainly Net result for the year (+€67,362) and Receivables within one year (+€27,117)
- Receivables within one year -€27,117
down €27,117 (-83.5%), from €32,462 to €5,345
of which Trade receivables: -€27,923
- Tangible fixed assets -€6,448
down €6,448 (-67.4%), from €9,569 to €3,122
- Current investments +€3,962
up €3,962 (+11.7%), from €33,900 to €37,861
- Reserves +€67,000
up €67,000 (+105%), from €64,000 to €131,000
- Other debts -€24,911
down €24,911 (-93.2%), from €26,729 to €1,818
- Tax, wage and social debts -€4,497
down €4,497 (-59.5%), from €7,559 to €3,061
of which Taxes: -€5,602
- Gross operating margin +€83,218
up €83,218 (+969%), from €8,588 to €91,806
- Taxes +€20,822
up €20,822 (+1,141%), from €1,825 to €22,647
- Financial charges -€10,658
down €10,658, from €6,860 to -€3,797
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 | €101,771 | €139,924 | +€38,153 | +37.5% |
| Fixed assets | 21/28 | €9,569 | €3,122 | -€6,448 | -67.4% |
| Tangible fixed assets | 22/27 | €9,569 | €3,122 | -€6,448 | -67.4% |
| Furniture and vehicles | 24 | €9,569 | €3,122 | -€6,448 | -67.4% |
| Current assets | 29/58 | €92,201 | €136,802 | +€44,601 | +48.4% |
| Amounts receivable within one year | 40/41 | €32,462 | €5,345 | -€27,117 | -83.5% |
| Trade receivables | 40 | €31,571 | €3,648 | -€27,923 | -88.4% |
| Other amounts receivable | 41 | €892 | €1,697 | +€806 | +90.4% |
| Current investments | 50/53 | €33,900 | €37,861 | +€3,962 | +11.7% |
| Cash at bank and in hand | 54/58 | €24,737 | €92,554 | +€67,817 | +274% |
| Deferred charges and accrued income | 490/1 | €1,102 | €1,041 | -€61 | -5.6% |
| Total equity and liabilities | 10/49 | €101,771 | €139,924 | +€38,153 | +37.5% |
| Equity | 10/15 | €67,129 | €134,491 | +€67,362 | +100% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €64,000 | €131,000 | +€67,000 | +105% |
| Distributable reserves | 133 | €64,000 | €131,000 | +€67,000 | +105% |
| Profit (loss) carried forward | 14 | €129 | €491 | +€362 | +280% |
| Amounts payable | 17/49 | €34,641 | €5,432 | -€29,209 | -84.3% |
| Amounts payable within one year | 42/48 | €34,641 | €5,432 | -€29,209 | -84.3% |
| Trade debts | 44 | €353 | €553 | +€200 | +56.5% |
| Suppliers | 440/4 | €353 | €553 | +€200 | +56.5% |
| Taxes, remuneration and social security | 45 | €7,559 | €3,061 | -€4,497 | -59.5% |
| Taxes | 450/3 | €7,559 | €1,956 | -€5,602 | -74.1% |
| Remuneration and social security | 454/9 | - | €1,105 | +€1,105 | |
| Other amounts payable | 47/48 | €26,729 | €1,818 | -€24,911 | -93.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,448 | €6,448 | = | 0.0% |
| Other operating charges | 640/8 | €1,402 | €1,500 | +€98 | +7.0% |
| Gross operating margin | 9900 | €8,588 | €91,806 | +€83,218 | +969% |
| Operating profit (loss) | 9901 | €738 | €83,858 | +€83,119 | +11,257% |
| Financial income | 75/76B | €2,295 | €2,354 | +€59 | +2.6% |
| Recurring financial income | 75 | €2,295 | €2,354 | +€59 | +2.6% |
| Financial charges | 65/66B | €6,860 | -€3,797 | -€10,658 | |
| Recurring financial charges | 65 | €6,860 | -€3,797 | -€10,658 | |
| Profit (loss) for the period before taxes | 9903 | -€3,827 | €90,009 | +€93,836 | |
| Income taxes | 67/77 | €1,825 | €22,647 | +€20,822 | +1,141% |
| Profit (loss) for the period | 9904 | -€5,653 | €67,362 | +€73,014 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,653 | €67,362 | +€73,014 |
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 13 October 2026 via checked.be.