HELIE: 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.
HELIE
Largest movements
- Tangible fixed assets -€14,854
down €14,854 (-2.8%), from €521,638 to €506,785
of which Land and buildings: -€13,166
- Other debts -€11,344
down €11,344 (-2.6%), from €444,751 to €433,407
- Gross operating margin +€1,783
up €1,783 (+7.5%), from €23,692 to €25,475
- Depreciation +€789
up €789 (+4.2%), from €18,676 to €19,466
- Other operating charges -€325
down €325 (-4.9%), from €6,586 to €6,262
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 | €523,939 | €511,166 | -€12,773 | -2.4% |
| Fixed assets | 21/28 | €521,638 | €506,785 | -€14,854 | -2.8% |
| Tangible fixed assets | 22/27 | €521,638 | €506,785 | -€14,854 | -2.8% |
| Land and buildings | 22 | €503,609 | €490,444 | -€13,166 | -2.6% |
| Plant, machinery and equipment | 23 | €18,029 | €16,341 | -€1,688 | -9.4% |
| Current assets | 29/58 | €2,300 | €4,381 | +€2,081 | +90.5% |
| Amounts receivable within one year | 40/41 | - | €1,618 | +€1,618 | |
| Other amounts receivable | 41 | - | €1,618 | +€1,618 | |
| Cash at bank and in hand | 54/58 | €287 | €489 | +€202 | +70.3% |
| Deferred charges and accrued income | 490/1 | €2,013 | €2,275 | +€261 | +13.0% |
| Total equity and liabilities | 10/49 | €523,939 | €511,166 | -€12,773 | -2.4% |
| Equity | 10/15 | €77,817 | €77,537 | -€280 | -0.4% |
| Contributions | 10/11 | €163,610 | €163,610 | = | 0.0% |
| Capital | 10 | €163,610 | €163,610 | = | 0.0% |
| Issued capital | 100 | €163,610 | €163,610 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€85,792 | -€86,072 | -€280 | -0.3% |
| Amounts payable | 17/49 | €446,121 | €433,628 | -€12,493 | -2.8% |
| Amounts payable after more than one year | 17 | €121 | €221 | +€100 | +82.6% |
| Other amounts payable | 178/9 | €121 | €221 | +€100 | +82.6% |
| Amounts payable within one year | 42/48 | €445,940 | €433,407 | -€12,532 | -2.8% |
| Current portion of amounts payable after more than one year | 42 | €100 | €0 | -€100 | -100.0% |
| Trade debts | 44 | €1,088 | €0 | -€1,088 | -100.0% |
| Suppliers | 440/4 | €1,088 | €0 | -€1,088 | -100.0% |
| Other amounts payable | 47/48 | €444,751 | €433,407 | -€11,344 | -2.6% |
| Accrued charges and deferred income | 492/3 | €61 | €0 | -€61 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,676 | €19,466 | +€789 | +4.2% |
| Other operating charges | 640/8 | €6,586 | €6,262 | -€325 | -4.9% |
| Gross operating margin | 9900 | €23,692 | €25,475 | +€1,783 | +7.5% |
| Operating profit (loss) | 9901 | -€1,571 | -€252 | +€1,318 | +83.9% |
| Financial income | 75/76B | €22 | €1 | -€22 | -96.2% |
| Recurring financial income | 75 | €22 | €1 | -€22 | -96.2% |
| Financial charges | 65/66B | €26 | €29 | +€3 | +9.6% |
| Recurring financial charges | 65 | €26 | €29 | +€3 | +9.6% |
| Profit (loss) for the period before taxes | 9903 | -€1,574 | -€280 | +€1,294 | +82.2% |
| Profit (loss) for the period | 9904 | -€1,574 | -€280 | +€1,294 | +82.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,574 | -€280 | +€1,294 | +82.2% |
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 12 October 2026 via checked.be.