PAULINE HELLEMANS: what changed
PAULINE HELLEMANS
Largest movements
- Cash +€58,975
up €58,975 (+175%), from €33,700 to €92,675
mainly Net result for the year (+€44,392) and Tax, wage and social debts (+€9,053)
- Receivables within one year -€5,632
down €5,632 (-46.5%), from €12,101 to €6,469
of which Trade receivables: -€9,000
- Reserves +€44,393
up €44,393 (+134%), from €33,156 to €77,549
- Tax, wage and social debts +€9,053
up €9,053 (+157%), from €5,767 to €14,820
- Other debts -€3,383
no longer reported in 2025 (was €3,383)
- Trade debts +€3,280
up €3,280 (+663%), from €495 to €3,775
- Gross operating margin +€36,525
up €36,525 (+150%), from €24,386 to €60,911
- Taxes +€10,899
up €10,899 (+227%), from €4,799 to €15,698
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €45,801 | €99,144 | +€53,343 | +116% |
| Current assets | 29/58 | €45,801 | €99,144 | +€53,343 | +116% |
| Amounts receivable within one year | 40/41 | €12,101 | €6,469 | -€5,632 | -46.5% |
| Trade receivables | 40 | €9,000 | - | -€9,000 | |
| Other amounts receivable | 41 | €3,101 | €6,469 | +€3,368 | +109% |
| Cash at bank and in hand | 54/58 | €33,700 | €92,675 | +€58,975 | +175% |
| Total equity and liabilities | 10/49 | €45,801 | €99,144 | +€53,343 | +116% |
| Equity | 10/15 | €36,156 | €80,549 | +€44,393 | +123% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €33,156 | €77,549 | +€44,393 | +134% |
| Distributable reserves | 133 | €33,156 | €77,549 | +€44,393 | +134% |
| Amounts payable | 17/49 | €9,645 | €18,595 | +€8,950 | +92.8% |
| Amounts payable within one year | 42/48 | €9,645 | €18,595 | +€8,950 | +92.8% |
| Trade debts | 44 | €495 | €3,775 | +€3,280 | +663% |
| Suppliers | 440/4 | €495 | €3,775 | +€3,280 | +663% |
| Taxes, remuneration and social security | 45 | €5,767 | €14,820 | +€9,053 | +157% |
| Taxes | 450/3 | €5,767 | €14,820 | +€9,053 | +157% |
| Other amounts payable | 47/48 | €3,383 | - | -€3,383 | |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.7% |
| Gross operating margin | 9900 | €24,386 | €60,911 | +€36,525 | +150% |
| Operating profit (loss) | 9901 | €24,001 | €60,524 | +€36,523 | +152% |
| Financial income | 75/76B | €50 | €247 | +€197 | +397% |
| Recurring financial income | 75 | €50 | €247 | +€197 | +397% |
| Financial charges | 65/66B | €121 | €681 | +€560 | +462% |
| Recurring financial charges | 65 | €121 | €681 | +€560 | +462% |
| Profit (loss) for the period before taxes | 9903 | €23,930 | €60,090 | +€36,160 | +151% |
| Income taxes | 67/77 | €4,799 | €15,698 | +€10,899 | +227% |
| Profit (loss) for the period | 9904 | €19,131 | €44,392 | +€25,261 | +132% |
| Profit (loss) for the period to be appropriated | 9905 | €19,131 | €44,392 | +€25,261 | +132% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.