HELIME: 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.
HELIME
Largest movements
- Receivables within one year +€72,492
up €72,492 (+128%), from €56,702 to €129,194
of which Trade receivables: +€79,500
- Cash -€35,624
down €35,624 (-42.5%), from €83,918 to €48,294
mainly Receivables within one year (-€72,492) and Current investments (-€30,000)
- Current investments +€30,000
up €30,000 (+100%), from €29,893 to €59,893
- Deferred charges and accrued income -€5,284
down €5,284 (-39.7%), from €13,313 to €8,029
- Reserves +€31,663
up €31,663 (+168%), from €18,827 to €50,490
- Trade debts +€19,466
up €19,466 (+1,045%), from €1,862 to €21,328
- Other debts +€7,068
up €7,068 (+11.5%), from €61,260 to €68,329
- Gross operating margin -€65,552
down €65,552 (-36.0%), from €182,034 to €116,483
- Provisions -€61,807
down €61,807 (-96.5%), from €64,057 to €2,250
- Taxes -€8,737
down €8,737 (-37.6%), from €23,245 to €14,508
- Financial charges -€6,258
down €6,258 (-9.0%), from €69,433 to €63,174
- Depreciation -€2,069
down €2,069 (-64.5%), from €3,209 to €1,140
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 | €185,951 | €248,345 | +€62,394 | +33.6% |
| Fixed assets | 21/28 | €2,125 | €2,936 | +€811 | +38.2% |
| Tangible fixed assets | 22/27 | €2,125 | €2,936 | +€811 | +38.2% |
| Plant, machinery and equipment | 23 | €2,125 | €2,936 | +€811 | +38.2% |
| Current assets | 29/58 | €183,826 | €245,409 | +€61,583 | +33.5% |
| Amounts receivable within one year | 40/41 | €56,702 | €129,194 | +€72,492 | +128% |
| Trade receivables | 40 | €31,702 | €111,202 | +€79,500 | +251% |
| Other amounts receivable | 41 | €25,000 | €17,992 | -€7,008 | -28.0% |
| Current investments | 50/53 | €29,893 | €59,893 | +€30,000 | +100% |
| Cash at bank and in hand | 54/58 | €83,918 | €48,294 | -€35,624 | -42.5% |
| Deferred charges and accrued income | 490/1 | €13,313 | €8,029 | -€5,284 | -39.7% |
| Total equity and liabilities | 10/49 | €185,951 | €248,345 | +€62,394 | +33.6% |
| Equity | 10/15 | €28,827 | €60,490 | +€31,663 | +110% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €18,827 | €50,490 | +€31,663 | +168% |
| Distributable reserves | 133 | €18,827 | €50,490 | +€31,663 | +168% |
| Provisions and deferred taxes | 16 | €64,057 | €66,307 | +€2,250 | +3.5% |
| Provisions for liabilities and charges | 160/5 | €64,057 | €66,307 | +€2,250 | +3.5% |
| Environmental obligations | 163 | €64,057 | €66,307 | +€2,250 | +3.5% |
| Amounts payable | 17/49 | €93,067 | €121,548 | +€28,482 | +30.6% |
| Amounts payable within one year | 42/48 | €93,067 | €121,548 | +€28,482 | +30.6% |
| Financial debts | 43 | - | €1,890 | +€1,890 | |
| Credit institutions | 430/8 | - | €1,890 | +€1,890 | |
| Trade debts | 44 | €1,862 | €21,328 | +€19,466 | +1,045% |
| Suppliers | 440/4 | €1,862 | €21,328 | +€19,466 | +1,045% |
| Taxes, remuneration and social security | 45 | €29,944 | €30,002 | +€58 | +0.2% |
| Taxes | 450/3 | €29,944 | €30,002 | +€58 | +0.2% |
| Other amounts payable | 47/48 | €61,260 | €68,329 | +€7,068 | +11.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,209 | €1,140 | -€2,069 | -64.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €64,057 | €2,250 | -€61,807 | -96.5% |
| Other operating charges | 640/8 | €3,264 | €3,748 | +€484 | +14.8% |
| Gross operating margin | 9900 | €182,034 | €116,483 | -€65,552 | -36.0% |
| Operating profit (loss) | 9901 | €111,505 | €109,345 | -€2,160 | -1.9% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €69,433 | €63,174 | -€6,258 | -9.0% |
| Recurring financial charges | 65 | €69,433 | €63,174 | -€6,258 | -9.0% |
| Profit (loss) for the period before taxes | 9903 | €42,072 | €46,171 | +€4,098 | +9.7% |
| Income taxes | 67/77 | €23,245 | €14,508 | -€8,737 | -37.6% |
| Profit (loss) for the period | 9904 | €18,827 | €31,663 | +€12,836 | +68.2% |
| Profit (loss) for the period to be appropriated | 9905 | €18,827 | €31,663 | +€12,836 | +68.2% |
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 18 October 2026 via checked.be.