HELICOTRONC: 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.
What changed
HELICOTRONC
NACE 59.120, Post-production of films, video and television programmes
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€26,386
2024 · €20,171+€6,215
Equity
€10.5m
2024 · €6.8m+€3.7m
Cash
€185,008
2024 · €209,014-€24,007
Balance sheet total
€11.4m
2024 · €7.3m+€4.1m
Largest movements
Assets
- Intangible fixed assets +€4.1m
up €4.1m (+60.5%), from €6.8m to €10.9m
Equity and liabilities
- Investment grants +€3.7m
up €3.7m (+58.5%), from €6.3m to €10.0m
- Short-term financial debts +€368,262
new in 2025: €368,262
Income statement
- Gross operating margin +€2.9m
up €2.9m (+76.8%), from €3.8m to €6.7m
- Staff costs +€1.9m
up €1.9m (+146.1%), from €1.3m to €3.2m
- Depreciation +€977,267
up €977,267 (+40.0%), from €2.4m to €3.4m
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.
Result 2024
€20,171
Gross operating margin
+€2.9m
Staff costs
-€1.9m
Depreciation
-€977,267
Other operating charges
-€2,555
Financial income
-€5,743
Financial charges
+€1,273
Result 2025
€26,386
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.
From operations
+€3.5m
Investment
-€7.5m
Financing
+€4.0m
Cash 2024
€209,014
From operations (derived)
+€3.5m
Net result for the year
+€26,386
Depreciation
+€3.4m
Receivables within one year
-€32,769
Trade debts
+€90,460
Tax, wage and social debts
+€5,769
Accrued charges and deferred income
-€25,813
Investment (derived)
-€7.5m
Investment in fixed assets (net)
-€7.5m
Financing
+€4.0m
Debts after one year
-€32,098
Current portion of long-term debt
+€505
Short-term financial debts
+€368,262
Contributions, distributions and other
+€3.7m
Cash 2025
€185,008
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,318,472 | €11,425,481 | +€4.1m | +56.1% |
| Fixed assets | 21/28 | €6,931,455 | €11,029,702 | +€4.1m | +59.1% |
| Intangible fixed assets | 21 | €6,808,149 | €10,924,473 | +€4.1m | +60.5% |
| Tangible fixed assets | 22/27 | €112,986 | €94,909 | -€18,078 | -16.0% |
| Land and buildings | 22 | €109,103 | €92,737 | -€16,365 | -15.0% |
| Plant, machinery and equipment | 23 | €2,506 | €1,253 | -€1,253 | -50.0% |
| Furniture and vehicles | 24 | €1,378 | €919 | -€459 | -33.3% |
| Financial fixed assets | 28 | €10,320 | €10,320 | = | 0.0% |
| Current assets | 29/58 | €387,017 | €395,780 | +€8,763 | +2.3% |
| Amounts receivable within one year | 40/41 | €178,003 | €210,772 | +€32,769 | +18.4% |
| Trade receivables | 40 | €33,715 | €90,675 | +€56,960 | +168.9% |
| Other amounts receivable | 41 | €144,288 | €120,097 | -€24,191 | -16.8% |
| Cash at bank and in hand | 54/58 | €209,014 | €185,008 | -€24,007 | -11.5% |
| Total equity and liabilities | 10/49 | €7,318,472 | €11,425,481 | +€4.1m | +56.1% |
| Equity | 10/15 | €6,768,022 | €10,467,947 | +€3.7m | +54.7% |
| 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% |
| Profit (loss) carried forward | 14 | €468,552 | €494,938 | +€26,386 | +5.6% |
| Investment grants | 15 | €6,280,870 | €9,954,408 | +€3.7m | +58.5% |
| Amounts payable | 17/49 | €550,450 | €957,535 | +€407,085 | +74.0% |
| Amounts payable after more than one year | 17 | €122,718 | €90,621 | -€32,098 | -26.2% |
| Financial debts | 170/4 | €122,718 | €90,621 | -€32,098 | -26.2% |
| Amounts payable within one year | 42/48 | €308,360 | €773,355 | +€464,995 | +150.8% |
| Current portion of amounts payable after more than one year | 42 | €31,593 | €32,098 | +€505 | +1.6% |
| Financial debts | 43 | - | €368,262 | +€368,262 | |
| Credit institutions | 430/8 | - | €368,262 | +€368,262 | |
| Trade debts | 44 | €147,111 | €237,571 | +€90,460 | +61.5% |
| Suppliers | 440/4 | €147,111 | €237,571 | +€90,460 | +61.5% |
| Taxes, remuneration and social security | 45 | €129,657 | €135,425 | +€5,769 | +4.4% |
| Taxes | 450/3 | €190 | €7,182 | +€6,992 | +3680.1% |
| Remuneration and social security | 454/9 | €129,467 | €128,243 | -€1,223 | -0.9% |
| Accrued charges and deferred income | 492/3 | €119,372 | €93,559 | -€25,813 | -21.6% |
| Remuneration, social security and pensions | 62 | €1,303,147 | €3,207,067 | +€1.9m | +146.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,444,102 | €3,421,369 | +€977,267 | +40.0% |
| Other operating charges | 640/8 | €3,890 | €6,445 | +€2,555 | +65.7% |
| Gross operating margin | 9900 | €3,769,368 | €6,663,796 | +€2.9m | +76.8% |
| Operating profit (loss) | 9901 | €18,230 | €28,915 | +€10,685 | +58.6% |
| Financial income | 75/76B | €5,762 | €19 | -€5,743 | -99.7% |
| Recurring financial income | 75 | €5,762 | €19 | -€5,743 | -99.7% |
| Financial charges | 65/66B | €3,820 | €2,547 | -€1,273 | -33.3% |
| Recurring financial charges | 65 | €3,820 | €2,547 | -€1,273 | -33.3% |
| Profit (loss) for the period before taxes | 9903 | €20,171 | €26,386 | +€6,215 | +30.8% |
| Profit (loss) for the period | 9904 | €20,171 | €26,386 | +€6,215 | +30.8% |
| Profit (loss) for the period to be appropriated | 9905 | €20,171 | €26,386 | +€6,215 | +30.8% |
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 12 October 2026 via checked.be.