HELIEMA: 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.
HELIEMA
Largest movements
- Tangible fixed assets +€59,111
new in 2025: €59,111
- Current investments -€28,391
no longer reported in 2025 (was €28,391)
- Cash +€24,466
new in 2025: €24,466
mainly Debts after one year (+€46,941) and Current investments (+€28,391)
- Receivables within one year +€10,887
up €10,887 (+65.5%), from €16,619 to €27,506
of which Trade receivables: +€8,377
- Debts after one year +€46,941
new in 2025: €46,941
- Reserves +€18,000
up €18,000 (+212%), from €8,500 to €26,500
- Other debts -€15,000
no longer reported in 2025 (was €15,000)
- Current portion of long-term debt +€11,227
new in 2025: €11,227
- Tax, wage and social debts +€2,570
up €2,570 (+17.2%), from €14,932 to €17,502
- Depreciation +€3,913
new in 2025: €3,913
- Taxes +€3,345
up €3,345 (+88.3%), from €3,788 to €7,133
- Other operating charges -€618
no longer reported in 2025 (was €618)
- Financial charges +€578
up €578 (+1,133%), from €51 to €629
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 | €45,010 | €111,083 | +€66,073 | +147% |
| Fixed assets | 21/28 | - | €59,111 | +€59,111 | |
| Tangible fixed assets | 22/27 | - | €59,111 | +€59,111 | |
| Furniture and vehicles | 24 | - | €59,111 | +€59,111 | |
| Current assets | 29/58 | €45,010 | €51,972 | +€6,962 | +15.5% |
| Amounts receivable within one year | 40/41 | €16,619 | €27,506 | +€10,887 | +65.5% |
| Trade receivables | 40 | €2,375 | €10,752 | +€8,377 | +353% |
| Other amounts receivable | 41 | €14,244 | €16,754 | +€2,510 | +17.6% |
| Current investments | 50/53 | €28,391 | - | -€28,391 | |
| Cash at bank and in hand | 54/58 | - | €24,466 | +€24,466 | |
| Total equity and liabilities | 10/49 | €45,010 | €111,083 | +€66,073 | +147% |
| Equity | 10/15 | €15,078 | €33,097 | +€18,019 | +120% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €8,500 | €26,500 | +€18,000 | +212% |
| Distributable reserves | 133 | €8,500 | €26,500 | +€18,000 | +212% |
| Profit (loss) carried forward | 14 | €1,578 | €1,597 | +€19 | +1.2% |
| Amounts payable | 17/49 | €29,932 | €77,986 | +€48,054 | +161% |
| Amounts payable after more than one year | 17 | - | €46,941 | +€46,941 | |
| Financial debts | 170/4 | - | €46,941 | +€46,941 | |
| Amounts payable within one year | 42/48 | €29,932 | €31,045 | +€1,113 | +3.7% |
| Current portion of amounts payable after more than one year | 42 | - | €11,227 | +€11,227 | |
| Trade debts | 44 | - | €2,316 | +€2,316 | |
| Suppliers | 440/4 | - | €2,316 | +€2,316 | |
| Taxes, remuneration and social security | 45 | €14,932 | €17,502 | +€2,570 | +17.2% |
| Taxes | 450/3 | €14,932 | €17,502 | +€2,570 | +17.2% |
| Other amounts payable | 47/48 | €15,000 | - | -€15,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €3,913 | +€3,913 | |
| Other operating charges | 640/8 | €618 | - | -€618 | |
| Gross operating margin | 9900 | €29,535 | €29,694 | +€159 | +0.5% |
| Operating profit (loss) | 9901 | €28,917 | €25,781 | -€3,136 | -10.8% |
| Financial charges | 65/66B | €51 | €629 | +€578 | +1,133% |
| Recurring financial charges | 65 | €51 | €629 | +€578 | +1,133% |
| Profit (loss) for the period before taxes | 9903 | €28,866 | €25,152 | -€3,714 | -12.9% |
| Income taxes | 67/77 | €3,788 | €7,133 | +€3,345 | +88.3% |
| Profit (loss) for the period | 9904 | €25,078 | €18,019 | -€7,059 | -28.1% |
| Profit (loss) for the period to be appropriated | 9905 | €25,078 | €18,019 | -€7,059 | -28.1% |
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 15 October 2026 via checked.be.