HELIO: 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.
HELIO
Largest movements
- Receivables within one year +€90,984
up €90,984 (+155.5%), from €58,507 to €149,491
of which Trade receivables: +€84,846
- Other debts +€162,961
up €162,961 (+9.4%), from €1.7m to €1.9m
- Profit (loss) carried forward -€91,183
down €91,183 (-2.4%), from -€3.8m to -€3.9m
- Financial charges +€69,650
up €69,650 (+103.1%), from €67,537 to €137,187
- Gross operating margin +€22,527
up €22,527 (+14.6%), from €154,224 to €176,751
- Staff costs +€8,428
up €8,428 (+6.9%), from €121,578 to €130,006
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 | €6,161,811 | €6,233,947 | +€72,135 | +1.2% |
| Fixed assets | 21/28 | €6,084,001 | €6,084,001 | = | 0.0% |
| Financial fixed assets | 28 | €6,084,001 | €6,084,001 | = | 0.0% |
| Current assets | 29/58 | €77,810 | €149,946 | +€72,135 | +92.7% |
| Amounts receivable within one year | 40/41 | €58,507 | €149,491 | +€90,984 | +155.5% |
| Trade receivables | 40 | €20,000 | €104,846 | +€84,846 | +424.2% |
| Other amounts receivable | 41 | €38,507 | €44,645 | +€6,138 | +15.9% |
| Cash at bank and in hand | 54/58 | €19,304 | €455 | -€18,849 | -97.6% |
| Total equity and liabilities | 10/49 | €6,161,811 | €6,233,947 | +€72,135 | +1.2% |
| Equity | 10/15 | €613,501 | €522,318 | -€91,183 | -14.9% |
| Contributions | 10/11 | €3,975,000 | €3,975,000 | = | 0.0% |
| Capital | 10 | €3,975,000 | €3,975,000 | = | 0.0% |
| Issued capital | 100 | €3,975,000 | €3,975,000 | = | 0.0% |
| Reserves | 13 | €397,500 | €397,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €397,500 | €397,500 | = | 0.0% |
| Legal reserve | 130 | €397,500 | €397,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,758,999 | -€3,850,182 | -€91,183 | -2.4% |
| Amounts payable | 17/49 | €5,548,311 | €5,711,629 | +€163,318 | +2.9% |
| Amounts payable after more than one year | 17 | €3,750,000 | €3,750,000 | = | 0.0% |
| Financial debts | 170/4 | €0 | - | = | |
| Other amounts payable | 178/9 | €3,750,000 | €3,750,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,798,311 | €1,943,035 | +€144,724 | +8.0% |
| Trade debts | 44 | €13,532 | €3,799 | -€9,733 | -71.9% |
| Suppliers | 440/4 | €13,532 | €3,799 | -€9,733 | -71.9% |
| Taxes, remuneration and social security | 45 | €47,881 | €39,378 | -€8,503 | -17.8% |
| Taxes | 450/3 | €15,438 | €8,674 | -€6,763 | -43.8% |
| Remuneration and social security | 454/9 | €32,443 | €30,703 | -€1,740 | -5.4% |
| Other amounts payable | 47/48 | €1,736,898 | €1,899,858 | +€162,961 | +9.4% |
| Accrued charges and deferred income | 492/3 | - | €18,594 | +€18,594 | |
| Remuneration, social security and pensions | 62 | €121,578 | €130,006 | +€8,428 | +6.9% |
| Other operating charges | 640/8 | €1,209 | €1,126 | -€82 | -6.8% |
| Gross operating margin | 9900 | €154,224 | €176,751 | +€22,527 | +14.6% |
| Operating profit (loss) | 9901 | €31,437 | €45,619 | +€14,181 | +45.1% |
| Financial income | 75/76B | €391 | €385 | -€6 | -1.6% |
| Recurring financial income | 75 | €391 | €385 | -€6 | -1.6% |
| Financial charges | 65/66B | €67,537 | €137,187 | +€69,650 | +103.1% |
| Recurring financial charges | 65 | €67,537 | €137,187 | +€69,650 | +103.1% |
| Profit (loss) for the period before taxes | 9903 | -€35,708 | -€91,183 | -€55,475 | -155.4% |
| Income taxes | 67/77 | €0 | €0 | +€0 | +100.0% |
| Profit (loss) for the period | 9904 | -€35,708 | -€91,183 | -€55,475 | -155.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€35,708 | -€91,183 | -€55,475 | -155.4% |
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 10 October 2026 via checked.be.