HELIMO: 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.
HELIMO
Largest movements
- Tangible fixed assets -€93,876
down €93,876 (-12.1%), from €775,996 to €682,120
of which Plant, machinery and equipment: -€78,232
- Cash -€20,908
down €20,908 (-18.2%), from €114,946 to €94,038
mainly Net result for the year (-€106,443) and Trade debts (-€15,803)
- Receivables within one year -€12,373
down €12,373 (-4.6%), from €267,096 to €254,723
of which Other amounts receivable: -€14,546
- Profit (loss) carried forward -€106,443
down €106,443 (-4.7%), from -€2.3m to -€2.4m
- Trade debts -€15,803
down €15,803 (-60.8%), from €26,011 to €10,208
- Staff costs -€59,531
down €59,531 (-100.0%), from €59,531 to €0
- Gross operating margin +€44,521
up €44,521 (+67.0%), from -€66,433 to -€21,912
- Financial income +€13,499
up €13,499 (+98534.1%), from €14 to €13,513
- Other operating charges +€1,401
up €1,401 (+66.6%), from €2,105 to €3,506
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 | €1,198,006 | €1,069,007 | -€129,000 | -10.8% |
| Fixed assets | 21/28 | €807,182 | €713,306 | -€93,876 | -11.6% |
| Tangible fixed assets | 22/27 | €775,996 | €682,120 | -€93,876 | -12.1% |
| Land and buildings | 22 | €123,083 | €114,667 | -€8,416 | -6.8% |
| Plant, machinery and equipment | 23 | €626,714 | €548,482 | -€78,232 | -12.5% |
| Furniture and vehicles | 24 | €26,198 | €18,970 | -€7,228 | -27.6% |
| Financial fixed assets | 28 | €31,186 | €31,186 | = | 0.0% |
| Current assets | 29/58 | €390,825 | €355,701 | -€35,124 | -9.0% |
| Amounts receivable within one year | 40/41 | €267,096 | €254,723 | -€12,373 | -4.6% |
| Trade receivables | 40 | €23,003 | €25,176 | +€2,173 | +9.4% |
| Other amounts receivable | 41 | €244,093 | €229,547 | -€14,546 | -6.0% |
| Cash at bank and in hand | 54/58 | €114,946 | €94,038 | -€20,908 | -18.2% |
| Deferred charges and accrued income | 490/1 | €8,782 | €6,939 | -€1,843 | -21.0% |
| Total equity and liabilities | 10/49 | €1,198,006 | €1,069,007 | -€129,000 | -10.8% |
| Equity | 10/15 | €509,684 | €403,241 | -€106,443 | -20.9% |
| Contributions | 10/11 | €2,784,000 | €2,784,000 | = | 0.0% |
| Capital | 10 | €2,784,000 | €2,784,000 | = | 0.0% |
| Issued capital | 100 | €2,784,000 | €2,784,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,274,316 | -€2,380,759 | -€106,443 | -4.7% |
| Amounts payable | 17/49 | €688,323 | €665,766 | -€22,557 | -3.3% |
| Amounts payable within one year | 42/48 | €688,323 | €665,766 | -€22,557 | -3.3% |
| Trade debts | 44 | €26,011 | €10,208 | -€15,803 | -60.8% |
| Suppliers | 440/4 | €26,011 | €10,208 | -€15,803 | -60.8% |
| Taxes, remuneration and social security | 45 | €12,312 | €5,558 | -€6,754 | -54.9% |
| Taxes | 450/3 | €3,985 | €5,558 | +€1,572 | +39.5% |
| Remuneration and social security | 454/9 | €8,326 | €0 | -€8,326 | -100.0% |
| Other amounts payable | 47/48 | €650,000 | €650,000 | = | 0.0% |
| Non-recurring operating income | 76A | - | €338 | +€338 | |
| Remuneration, social security and pensions | 62 | €59,531 | €0 | -€59,531 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €94,683 | €94,214 | -€468 | -0.5% |
| Other operating charges | 640/8 | €2,105 | €3,506 | +€1,401 | +66.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | -€66,433 | -€21,912 | +€44,521 | +67.0% |
| Operating profit (loss) | 9901 | -€222,752 | -€119,632 | +€103,119 | +46.3% |
| Financial income | 75/76B | €14 | €13,513 | +€13,499 | +98534.1% |
| Recurring financial income | 75 | €14 | €13,513 | +€13,499 | +98534.1% |
| Financial charges | 65/66B | €458 | €218 | -€240 | -52.4% |
| Recurring financial charges | 65 | €458 | €218 | -€240 | -52.4% |
| Profit (loss) for the period before taxes | 9903 | -€223,196 | -€106,337 | +€116,859 | +52.4% |
| Income taxes | 67/77 | €36 | €106 | +€70 | +195.8% |
| Profit (loss) for the period | 9904 | -€223,232 | -€106,443 | +€116,789 | +52.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€223,232 | -€106,443 | +€116,789 | +52.3% |
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.