HELIFIEN: 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.
HELIFIEN
Largest movements
- Tangible fixed assets -€45,599
down €45,599 (-14.9%), from €305,928 to €260,329
of which Other tangible fixed assets: -€45,310
- Cash +€16,563
up €16,563 (+4,858%), from €341 to €16,904
mainly Depreciation (+€45,599) and Debts after one year (+€45,338)
- Receivables within one year -€7,560
down €7,560 (-44.1%), from €17,161 to €9,601
of which Other amounts receivable: -€5,510
- Profit (loss) carried forward -€92,492
down €92,492 (-31.6%), from -€292,926 to -€385,418
- Debts after one year +€45,338
up €45,338 (+11.0%), from €410,906 to €456,244
- Trade debts +€9,802
up €9,802 (+8.9%), from €110,372 to €120,174
- Gross operating margin -€7,501
down €7,501 (-22.5%), from -€33,371 to -€40,872
- Other operating charges +€1,065
up €1,065 (+84.4%), from €1,262 to €2,327
- Financial charges -€1,024
down €1,024 (-21.7%), from €4,722 to €3,697
- Depreciation -€774
down €774 (-1.7%), from €46,373 to €45,599
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 | €327,603 | €290,581 | -€37,022 | -11.3% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €305,928 | €260,329 | -€45,599 | -14.9% |
| Tangible fixed assets | 22/27 | €305,928 | €260,329 | -€45,599 | -14.9% |
| Plant, machinery and equipment | 23 | €1,864 | €1,575 | -€289 | -15.5% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Other tangible fixed assets | 26 | €304,064 | €258,754 | -€45,310 | -14.9% |
| Current assets | 29/58 | €21,675 | €30,253 | +€8,578 | +39.6% |
| Amounts receivable within one year | 40/41 | €17,161 | €9,601 | -€7,560 | -44.1% |
| Trade receivables | 40 | €6,050 | €4,000 | -€2,050 | -33.9% |
| Other amounts receivable | 41 | €11,111 | €5,601 | -€5,510 | -49.6% |
| Cash at bank and in hand | 54/58 | €341 | €16,904 | +€16,563 | +4,858% |
| Deferred charges and accrued income | 490/1 | €4,173 | €3,747 | -€426 | -10.2% |
| Total equity and liabilities | 10/49 | €327,603 | €290,581 | -€37,022 | -11.3% |
| Equity | 10/15 | -€242,926 | -€335,418 | -€92,492 | -38.1% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€292,926 | -€385,418 | -€92,492 | -31.6% |
| Amounts payable | 17/49 | €570,529 | €626,000 | +€55,470 | +9.7% |
| Amounts payable after more than one year | 17 | €410,906 | €456,244 | +€45,338 | +11.0% |
| Financial debts | 170/4 | €410,906 | €456,244 | +€45,338 | +11.0% |
| Amounts payable within one year | 42/48 | €159,624 | €169,756 | +€10,132 | +6.3% |
| Current portion of amounts payable after more than one year | 42 | €43,030 | €43,612 | +€581 | +1.4% |
| Trade debts | 44 | €110,372 | €120,174 | +€9,802 | +8.9% |
| Suppliers | 440/4 | €110,372 | €120,174 | +€9,802 | +8.9% |
| Advances received on contracts in progress | 46 | €4,840 | €4,840 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €1,355 | - | -€1,355 | |
| Taxes | 450/3 | €1,355 | - | -€1,355 | |
| Other amounts payable | 47/48 | €27 | €1,130 | +€1,103 | +4,156% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,373 | €45,599 | -€774 | -1.7% |
| Other operating charges | 640/8 | €1,262 | €2,327 | +€1,065 | +84.4% |
| Gross operating margin | 9900 | -€33,371 | -€40,872 | -€7,501 | -22.5% |
| Operating profit (loss) | 9901 | -€81,006 | -€88,799 | -€7,793 | -9.6% |
| Financial income | 75/76B | €14 | €4 | -€10 | -69.2% |
| Recurring financial income | 75 | €14 | €4 | -€10 | -69.2% |
| Financial charges | 65/66B | €4,722 | €3,697 | -€1,024 | -21.7% |
| Recurring financial charges | 65 | €4,722 | €3,697 | -€1,024 | -21.7% |
| Profit (loss) for the period before taxes | 9903 | -€85,714 | -€92,492 | -€6,778 | -7.9% |
| Profit (loss) for the period | 9904 | -€85,714 | -€92,492 | -€6,778 | -7.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€85,714 | -€92,492 | -€6,778 | -7.9% |
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 19 October 2026 via checked.be.