HELIDYN: what changed
Two fiscal 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.
HELIDYN
Largest movements
- Cash -€8,858
down €8,858 (-96.7%), from €9,157 to €299
mainly Net result for the year (-€24,735) and Tax, wage and social debts (-€1,563)
- Tangible fixed assets -€1,496
down €1,496 (-55.0%), from €2,721 to €1,224
- Profit (loss) carried forward -€24,735
down €24,735 (-120.6%), from -€20,514 to -€45,249
- Other debts +€15,045
up €15,045 (+88.2%), from €17,050 to €32,095
- Tax, wage and social debts -€1,563
down €1,563 (-89.3%), from €1,750 to €187
- Trade debts +€777
up €777 (+63.4%), from €1,225 to €2,002
- Gross operating margin -€12,489
down €12,489 (-133.9%), from -€9,328 to -€21,818
- Depreciation -€879
down €879 (-37.0%), from €2,375 to €1,496
- Other operating charges -€269
down €269 (-20.3%), from €1,325 to €1,056
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 | €13,220 | €2,744 | -€10,476 | -79.2% |
| Fixed assets | 21/28 | €2,721 | €1,224 | -€1,496 | -55.0% |
| Tangible fixed assets | 22/27 | €2,721 | €1,224 | -€1,496 | -55.0% |
| Furniture and vehicles | 24 | €2,721 | €1,224 | -€1,496 | -55.0% |
| Current assets | 29/58 | €10,499 | €1,519 | -€8,980 | -85.5% |
| Amounts receivable within one year | 40/41 | €476 | €387 | -€88 | -18.6% |
| Other amounts receivable | 41 | €476 | €387 | -€88 | -18.6% |
| Cash at bank and in hand | 54/58 | €9,157 | €299 | -€8,858 | -96.7% |
| Deferred charges and accrued income | 490/1 | €866 | €833 | -€33 | -3.9% |
| Total equity and liabilities | 10/49 | €13,220 | €2,744 | -€10,476 | -79.2% |
| Equity | 10/15 | -€6,806 | -€31,541 | -€24,735 | -363.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €7,508 | €7,508 | = | 0.0% |
| Distributable reserves | 133 | €7,508 | €7,508 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,514 | -€45,249 | -€24,735 | -120.6% |
| Amounts payable | 17/49 | €20,025 | €34,285 | +€14,259 | +71.2% |
| Amounts payable within one year | 42/48 | €20,025 | €34,285 | +€14,259 | +71.2% |
| Trade debts | 44 | €1,225 | €2,002 | +€777 | +63.4% |
| Suppliers | 440/4 | €1,225 | €2,002 | +€777 | +63.4% |
| Taxes, remuneration and social security | 45 | €1,750 | €187 | -€1,563 | -89.3% |
| Taxes | 450/3 | €1,750 | €187 | -€1,563 | -89.3% |
| Other amounts payable | 47/48 | €17,050 | €32,095 | +€15,045 | +88.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,375 | €1,496 | -€879 | -37.0% |
| Other operating charges | 640/8 | €1,325 | €1,056 | -€269 | -20.3% |
| Gross operating margin | 9900 | -€9,328 | -€21,818 | -€12,489 | -133.9% |
| Operating profit (loss) | 9901 | -€13,028 | -€24,370 | -€11,341 | -87.0% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €232 | €179 | -€53 | -22.8% |
| Recurring financial charges | 65 | €232 | €179 | -€53 | -22.8% |
| Profit (loss) for the period before taxes | 9903 | -€13,259 | -€24,548 | -€11,289 | -85.1% |
| Income taxes | 67/77 | €170 | €187 | +€17 | +10.1% |
| Profit (loss) for the period | 9904 | -€13,429 | -€24,735 | -€11,306 | -84.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,429 | -€24,735 | -€11,306 | -84.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.