Heliocordis: 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.
Heliocordis
Largest movements
- Cash +€251,754
up €251,754 (+195%), from €129,323 to €381,077
mainly Net result for the year (+€168,610) and Other debts (+€41,373)
- Current investments -€25,000
down €25,000 (-25.0%), from €100,000 to €75,000
- Receivables within one year -€11,576
down €11,576 (-32.9%), from €35,190 to €23,613
- Reserves +€168,610
up €168,610 (+99.3%), from €169,812 to €338,422
- Other debts +€41,373
up €41,373 (+45.9%), from €90,130 to €131,503
- Gross operating margin +€75,130
up €75,130 (+73.5%), from €102,247 to €177,378
- Taxes -€6,566
down €6,566 (-92.8%), from €7,076 to €509
- Financial charges +€5,135
up €5,135 (+120%), from €4,296 to €9,431
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €264,513 | €482,190 | +€217,677 | +82.3% |
| Fixed assets | 21/28 | - | €2,500 | +€2,500 | |
| Financial fixed assets | 28 | - | €2,500 | +€2,500 | |
| Current assets | 29/58 | €264,513 | €479,690 | +€215,177 | +81.3% |
| Amounts receivable within one year | 40/41 | €35,190 | €23,613 | -€11,576 | -32.9% |
| Trade receivables | 40 | €35,190 | €23,613 | -€11,576 | -32.9% |
| Current investments | 50/53 | €100,000 | €75,000 | -€25,000 | -25.0% |
| Cash at bank and in hand | 54/58 | €129,323 | €381,077 | +€251,754 | +195% |
| Total equity and liabilities | 10/49 | €264,513 | €482,190 | +€217,677 | +82.3% |
| Equity | 10/15 | €171,812 | €340,422 | +€168,610 | +98.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €169,812 | €338,422 | +€168,610 | +99.3% |
| Distributable reserves | 133 | €169,812 | €338,422 | +€168,610 | +99.3% |
| Amounts payable | 17/49 | €92,701 | €141,768 | +€49,067 | +52.9% |
| Amounts payable within one year | 42/48 | €90,901 | €135,233 | +€44,332 | +48.8% |
| Trade debts | 44 | - | €159 | +€159 | |
| Suppliers | 440/4 | - | €159 | +€159 | |
| Taxes, remuneration and social security | 45 | €771 | €3,572 | +€2,801 | +363% |
| Taxes | 450/3 | €771 | €3,572 | +€2,801 | +363% |
| Other amounts payable | 47/48 | €90,130 | €131,503 | +€41,373 | +45.9% |
| Accrued charges and deferred income | 492/3 | €1,800 | €6,535 | +€4,735 | +263% |
| Remuneration, social security and pensions | 62 | €592 | - | -€592 | |
| Other operating charges | 640/8 | €378 | €525 | +€147 | +38.9% |
| Gross operating margin | 9900 | €102,247 | €177,378 | +€75,130 | +73.5% |
| Operating profit (loss) | 9901 | €101,278 | €176,853 | +€75,575 | +74.6% |
| Financial income | 75/76B | - | €1,698 | +€1,698 | |
| Recurring financial income | 75 | - | €1,698 | +€1,698 | |
| Financial charges | 65/66B | €4,296 | €9,431 | +€5,135 | +120% |
| Recurring financial charges | 65 | €4,296 | €9,431 | +€5,135 | +120% |
| Profit (loss) for the period before taxes | 9903 | €96,982 | €169,119 | +€72,137 | +74.4% |
| Income taxes | 67/77 | €7,076 | €509 | -€6,566 | -92.8% |
| Profit (loss) for the period | 9904 | €89,906 | €168,610 | +€78,704 | +87.5% |
| Profit (loss) for the period to be appropriated | 9905 | €89,906 | €168,610 | +€78,704 | +87.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.