HELIANTHUS: 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.
HELIANTHUS
Largest movements
- Receivables within one year -€316,608
down €316,608 (-99.9%), from €316,769 to €161
- Financial fixed assets +€300,000
up €300,000 (+316%), from €95,000 to €395,000
- Deferred charges and accrued income +€11,270
new in 2025: €11,270
- Cash +€10,278
up €10,278 (+20.1%), from €51,144 to €61,422
mainly Receivables within one year (+€316,608) and Other debts (+€12,300)
- Other debts +€12,300
up €12,300 (+4.8%), from €256,974 to €269,273
- Profit (loss) carried forward -€8,214
down €8,214 (-5.5%), from -€150,386 to -€158,600
- Services and other goods -€111,259
down €111,259 (-94.7%), from €117,491 to €6,232
- Financial charges +€5,380
up €5,380 (+73.2%), from €7,345 to €12,725
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 | €462,913 | €467,853 | +€4,940 | +1.1% |
| Fixed assets | 21/28 | €95,000 | €395,000 | +€300,000 | +316% |
| Financial fixed assets | 28 | €95,000 | €395,000 | +€300,000 | +316% |
| Affiliated companies | 280/1 | €95,000 | €395,000 | +€300,000 | +316% |
| Participating interests | 280 | €95,000 | €95,000 | = | 0.0% |
| Amounts receivable | 281 | - | €300,000 | +€300,000 | |
| Current assets | 29/58 | €367,913 | €72,853 | -€295,060 | -80.2% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €316,769 | €161 | -€316,608 | -99.9% |
| Other amounts receivable | 41 | €316,769 | €161 | -€316,608 | -99.9% |
| Cash at bank and in hand | 54/58 | €51,144 | €61,422 | +€10,278 | +20.1% |
| Deferred charges and accrued income | 490/1 | - | €11,270 | +€11,270 | |
| Total equity and liabilities | 10/49 | €462,913 | €467,853 | +€4,940 | +1.1% |
| Equity | 10/15 | €79,614 | €71,400 | -€8,214 | -10.3% |
| Contributions | 10/11 | €230,000 | €230,000 | = | 0.0% |
| Capital | 10 | €230,000 | €230,000 | = | 0.0% |
| Issued capital | 100 | €230,000 | €230,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€150,386 | -€158,600 | -€8,214 | -5.5% |
| Amounts payable | 17/49 | €383,299 | €396,453 | +€13,154 | +3.4% |
| Amounts payable within one year | 42/48 | €383,299 | €396,453 | +€13,154 | +3.4% |
| Trade debts | 44 | €126,199 | €127,180 | +€981 | +0.8% |
| Suppliers | 440/4 | €126,199 | €127,180 | +€981 | +0.8% |
| Taxes, remuneration and social security | 45 | €126 | €0 | -€126 | -100% |
| Taxes | 450/3 | €126 | €0 | -€126 | -100% |
| Other amounts payable | 47/48 | €256,974 | €269,273 | +€12,300 | +4.8% |
| Operating charges | 60/66A | €118,004 | €6,759 | -€111,244 | -94.3% |
| Services and other goods | 61 | €117,491 | €6,232 | -€111,259 | -94.7% |
| Other operating charges | 640/8 | €513 | €528 | +€14 | +2.8% |
| Operating profit (loss) | 9901 | -€118,004 | -€6,759 | +€111,244 | +94.3% |
| Financial income | 75/76B | €10,589 | €11,270 | +€681 | +6.4% |
| Recurring financial income | 75 | €10,589 | €11,270 | +€681 | +6.4% |
| Income from current assets | 751 | €10,589 | €11,270 | +€681 | +6.4% |
| Financial charges | 65/66B | €7,345 | €12,725 | +€5,380 | +73.2% |
| Recurring financial charges | 65 | €7,345 | €12,725 | +€5,380 | +73.2% |
| Debt charges | 650 | €6,974 | €12,300 | +€5,326 | +76.4% |
| Other financial charges | 652/9 | €371 | €425 | +€54 | +14.6% |
| Profit (loss) for the period before taxes | 9903 | -€114,760 | -€8,214 | +€106,546 | +92.8% |
| Profit (loss) for the period | 9904 | -€114,760 | -€8,214 | +€106,546 | +92.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€114,760 | -€8,214 | +€106,546 | +92.8% |
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 27 October 2026 via checked.be.