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 -€23,576
down €23,576 (-70.3%), from €33,520 to €9,944
of which Trade receivables: -€24,211
- Cash +€22,457
up €22,457 (+39.0%), from €57,519 to €79,976
mainly Receivables within one year (+€23,576) and Depreciation (+€9,478)
- Tangible fixed assets -€8,711
down €8,711 (-24.8%), from €35,106 to €26,394
of which Furniture and vehicles: -€8,495
- Accrued charges and deferred income -€13,049
down €13,049 (-81.3%), from €16,043 to €2,994
- Tax, wage and social debts -€5,911
down €5,911 (-47.4%), from €12,477 to €6,566
- Trade debts +€5,755
up €5,755 (+331.0%), from €1,739 to €7,494
- Current portion of long-term debt -€4,326
down €4,326 (-62.8%), from €6,885 to €2,559
- Reserves +€3,886
up €3,886 (+5.2%), from €75,332 to €79,218
of which Distributable reserves: +€3,886
- Gross operating margin -€6,833
down €6,833 (-25.2%), from €27,080 to €20,246
- Taxes -€612
down €612 (-10.4%), from €5,869 to €5,257
- Financial charges -€465
down €465 (-30.4%), from €1,532 to €1,066
- Other operating charges +€355
up €355 (+37.5%), from €947 to €1,301
- Financial income +€316
up €316 (+73.9%), from €428 to €743
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 | €136,056 | €126,137 | -€9,918 | -7.3% |
| Fixed assets | 21/28 | €35,106 | €26,394 | -€8,711 | -24.8% |
| Tangible fixed assets | 22/27 | €35,106 | €26,394 | -€8,711 | -24.8% |
| Land and buildings | 22 | €206 | €4 | -€202 | -98.1% |
| Plant, machinery and equipment | 23 | €1,033 | €1,019 | -€15 | -1.4% |
| Furniture and vehicles | 24 | €33,867 | €25,372 | -€8,495 | -25.1% |
| Current assets | 29/58 | €100,950 | €99,743 | -€1,207 | -1.2% |
| Amounts receivable within one year | 40/41 | €33,520 | €9,944 | -€23,576 | -70.3% |
| Trade receivables | 40 | €33,248 | €9,038 | -€24,211 | -72.8% |
| Other amounts receivable | 41 | €272 | €906 | +€634 | +233.4% |
| Current investments | 50/53 | €9,911 | €9,823 | -€87 | -0.9% |
| Cash at bank and in hand | 54/58 | €57,519 | €79,976 | +€22,457 | +39.0% |
| Total equity and liabilities | 10/49 | €136,056 | €126,137 | -€9,918 | -7.3% |
| Equity | 10/15 | €81,532 | €85,418 | +€3,886 | +4.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €75,332 | €79,218 | +€3,886 | +5.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €810 | €810 | = | 0.0% |
| Distributable reserves | 133 | €72,662 | €76,548 | +€3,886 | +5.3% |
| Amounts payable | 17/49 | €54,523 | €40,719 | -€13,804 | -25.3% |
| Amounts payable after more than one year | 17 | €2,559 | - | -€2,559 | |
| Financial debts | 170/4 | €2,559 | - | -€2,559 | |
| Amounts payable within one year | 42/48 | €35,921 | €37,725 | +€1,804 | +5.0% |
| Current portion of amounts payable after more than one year | 42 | €6,885 | €2,559 | -€4,326 | -62.8% |
| Financial debts | 43 | - | €3,517 | +€3,517 | |
| Credit institutions | 430/8 | - | €3,517 | +€3,517 | |
| Trade debts | 44 | €1,739 | €7,494 | +€5,755 | +331.0% |
| Suppliers | 440/4 | €1,739 | €7,494 | +€5,755 | +331.0% |
| Taxes, remuneration and social security | 45 | €12,477 | €6,566 | -€5,911 | -47.4% |
| Taxes | 450/3 | €12,477 | €6,566 | -€5,911 | -47.4% |
| Other amounts payable | 47/48 | €14,820 | €17,589 | +€2,769 | +18.7% |
| Accrued charges and deferred income | 492/3 | €16,043 | €2,994 | -€13,049 | -81.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,230 | €9,478 | +€249 | +2.7% |
| Other operating charges | 640/8 | €947 | €1,301 | +€355 | +37.5% |
| Gross operating margin | 9900 | €27,080 | €20,246 | -€6,833 | -25.2% |
| Operating profit (loss) | 9901 | €16,903 | €9,466 | -€7,437 | -44.0% |
| Financial income | 75/76B | €428 | €743 | +€316 | +73.9% |
| Recurring financial income | 75 | €428 | €743 | +€316 | +73.9% |
| Financial charges | 65/66B | €1,532 | €1,066 | -€465 | -30.4% |
| Recurring financial charges | 65 | €1,532 | €1,066 | -€465 | -30.4% |
| Profit (loss) for the period before taxes | 9903 | €15,799 | €9,144 | -€6,656 | -42.1% |
| Income taxes | 67/77 | €5,869 | €5,257 | -€612 | -10.4% |
| Profit (loss) for the period | 9904 | €9,930 | €3,886 | -€6,044 | -60.9% |
| Profit (loss) for the period to be appropriated | 9905 | €9,930 | €3,886 | -€6,044 | -60.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.