HELIANTHE SERVICES: 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.
HELIANTHE SERVICES
Largest movements
- Cash -€38,548
down €38,548 (-30.7%), from €125,627 to €87,080
mainly Contributions, distributions and other (-€100,000) and Receivables within one year (-€32,680)
- Receivables within one year +€32,680
up €32,680 (+131%), from €24,954 to €57,634
of which Other amounts receivable: +€16,967
- Tangible fixed assets -€22,930
down €22,930 (-6.1%), from €376,024 to €353,094
- Current investments +€12,700
up €12,700 (+109%), from €11,686 to €24,386
- Reserves -€79,000
down €79,000 (-29.4%), from €268,360 to €189,360
of which Distributable reserves: -€79,000
- Other debts +€73,750
up €73,750 (+193%), from €38,250 to €112,000
- Debts after one year -€11,687
down €11,687 (-5.6%), from €208,421 to €196,733
- Gross operating margin -€51,338
down €51,338 (-45.6%), from €112,669 to €61,331
- Taxes -€9,800
down €9,800 (-53.2%), from €18,408 to €8,608
- Financial income -€3,139
down €3,139 (-62.7%), from €5,004 to €1,864
- Staff costs -€2,509
down €2,509 (-90.9%), from €2,759 to €250
- Financial charges -€1,922
down €1,922 (-30.0%), from €6,414 to €4,492
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 | €561,823 | €545,749 | -€16,074 | -2.9% |
| Fixed assets | 21/28 | €396,465 | €373,360 | -€23,105 | -5.8% |
| Tangible fixed assets | 22/27 | €376,024 | €353,094 | -€22,930 | -6.1% |
| Land and buildings | 22 | €289,245 | €281,167 | -€8,078 | -2.8% |
| Furniture and vehicles | 24 | €1,749 | €612 | -€1,137 | -65.0% |
| Leasing and similar rights | 25 | €30,895 | €20,021 | -€10,874 | -35.2% |
| Other tangible fixed assets | 26 | €54,135 | €51,295 | -€2,840 | -5.2% |
| Financial fixed assets | 28 | €20,441 | €20,266 | -€175 | -0.9% |
| Current assets | 29/58 | €165,357 | €172,389 | +€7,031 | +4.3% |
| Amounts receivable within one year | 40/41 | €24,954 | €57,634 | +€32,680 | +131% |
| Trade receivables | 40 | €15,699 | €31,412 | +€15,713 | +100% |
| Other amounts receivable | 41 | €9,255 | €26,222 | +€16,967 | +183% |
| Current investments | 50/53 | €11,686 | €24,386 | +€12,700 | +109% |
| Cash at bank and in hand | 54/58 | €125,627 | €87,080 | -€38,548 | -30.7% |
| Deferred charges and accrued income | 490/1 | €3,090 | €3,290 | +€199 | +6.4% |
| Total equity and liabilities | 10/49 | €561,823 | €545,749 | -€16,074 | -2.9% |
| Equity | 10/15 | €289,221 | €210,772 | -€78,449 | -27.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €268,360 | €189,360 | -€79,000 | -29.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €266,500 | €187,500 | -€79,000 | -29.6% |
| Profit (loss) carried forward | 14 | €2,261 | €2,812 | +€551 | +24.4% |
| Amounts payable | 17/49 | €272,602 | €334,977 | +€62,375 | +22.9% |
| Amounts payable after more than one year | 17 | €208,421 | €196,733 | -€11,687 | -5.6% |
| Financial debts | 170/4 | €208,421 | €196,733 | -€11,687 | -5.6% |
| Amounts payable within one year | 42/48 | €64,181 | €138,243 | +€74,062 | +115% |
| Current portion of amounts payable after more than one year | 42 | €11,496 | €16,749 | +€5,253 | +45.7% |
| Trade debts | 44 | €625 | €1,302 | +€677 | +108% |
| Suppliers | 440/4 | €625 | €1,302 | +€677 | +108% |
| Taxes, remuneration and social security | 45 | €13,810 | €8,193 | -€5,617 | -40.7% |
| Taxes | 450/3 | €13,810 | €8,193 | -€5,617 | -40.7% |
| Other amounts payable | 47/48 | €38,250 | €112,000 | +€73,750 | +193% |
| Non-recurring operating income | 76A | - | €616 | +€616 | |
| Remuneration, social security and pensions | 62 | €2,759 | €250 | -€2,509 | -90.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,640 | €26,603 | -€37 | -0.1% |
| Other operating charges | 640/8 | €1,637 | €1,691 | +€54 | +3.3% |
| Gross operating margin | 9900 | €112,669 | €61,331 | -€51,338 | -45.6% |
| Operating profit (loss) | 9901 | €81,633 | €32,786 | -€48,847 | -59.8% |
| Financial income | 75/76B | €5,004 | €1,864 | -€3,139 | -62.7% |
| Recurring financial income | 75 | €5,004 | €1,864 | -€3,139 | -62.7% |
| Financial charges | 65/66B | €6,414 | €4,492 | -€1,922 | -30.0% |
| Recurring financial charges | 65 | €6,414 | €4,492 | -€1,922 | -30.0% |
| Profit (loss) for the period before taxes | 9903 | €80,223 | €30,159 | -€50,064 | -62.4% |
| Income taxes | 67/77 | €18,408 | €8,608 | -€9,800 | -53.2% |
| Profit (loss) for the period | 9904 | €61,815 | €21,551 | -€40,264 | -65.1% |
| Profit (loss) for the period to be appropriated | 9905 | €61,815 | €21,551 | -€40,264 | -65.1% |
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 22 October 2026 via checked.be.