HELIOS DISTRIBUTION: 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.
HELIOS DISTRIBUTION
Largest movements
- Receivables after one year +€7,137
up €7,137 (+2.5%), from €285,496 to €292,634
- Cash +€7,032
up €7,032 (+13.0%), from €54,205 to €61,237
mainly Net result for the year (+€8,870) and Depreciation (+€3,815)
- Reserves +€5,434
up €5,434 (+1.8%), from €295,530 to €300,964
- Gross operating margin +€1,456
up €1,456 (+14.3%), from €10,202 to €11,658
- Taxes +€656
up €656 (+17.9%), from €3,668 to €4,324
- Other operating charges +€467
up €467 (+35.1%), from €1,332 to €1,799
- Depreciation -€337
down €337 (-8.1%), from €4,152 to €3,815
- Financial income +€224
up €224 (+3.2%), from €7,063 to €7,287
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 | €384,628 | €391,746 | +€7,118 | +1.9% |
| Fixed assets | 21/28 | €14,242 | €10,427 | -€3,815 | -26.8% |
| Tangible fixed assets | 22/27 | €14,242 | €10,427 | -€3,815 | -26.8% |
| Land and buildings | 22 | €13,131 | €9,904 | -€3,228 | -24.6% |
| Furniture and vehicles | 24 | €1,111 | €524 | -€587 | -52.9% |
| Current assets | 29/58 | €370,386 | €381,318 | +€10,932 | +3.0% |
| Amounts receivable after more than one year | 29 | €285,496 | €292,634 | +€7,137 | +2.5% |
| Other amounts receivable | 291 | €285,496 | €292,634 | +€7,137 | +2.5% |
| Amounts receivable within one year | 40/41 | €29,832 | €26,502 | -€3,330 | -11.2% |
| Trade receivables | 40 | €5,082 | €2,944 | -€2,139 | -42.1% |
| Other amounts receivable | 41 | €24,749 | €23,558 | -€1,191 | -4.8% |
| Cash at bank and in hand | 54/58 | €54,205 | €61,237 | +€7,032 | +13.0% |
| Deferred charges and accrued income | 490/1 | €853 | €945 | +€92 | +10.8% |
| Total equity and liabilities | 10/49 | €384,628 | €391,746 | +€7,118 | +1.9% |
| Equity | 10/15 | €378,130 | €383,564 | +€5,434 | +1.4% |
| Contributions | 10/11 | €82,600 | €82,600 | = | 0.0% |
| Reserves | 13 | €295,530 | €300,964 | +€5,434 | +1.8% |
| Distributable reserves | 133 | €295,530 | €300,964 | +€5,434 | +1.8% |
| Amounts payable | 17/49 | €6,498 | €8,182 | +€1,684 | +25.9% |
| Amounts payable within one year | 42/48 | €6,498 | €8,182 | +€1,684 | +25.9% |
| Trade debts | 44 | €728 | €1,068 | +€340 | +46.7% |
| Suppliers | 440/4 | €728 | €1,068 | +€340 | +46.7% |
| Taxes, remuneration and social security | 45 | €5,770 | €5,396 | -€374 | -6.5% |
| Taxes | 450/3 | €5,770 | €5,396 | -€374 | -6.5% |
| Other amounts payable | 47/48 | - | €1,718 | +€1,718 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,152 | €3,815 | -€337 | -8.1% |
| Other operating charges | 640/8 | €1,332 | €1,799 | +€467 | +35.1% |
| Gross operating margin | 9900 | €10,202 | €11,658 | +€1,456 | +14.3% |
| Operating profit (loss) | 9901 | €4,718 | €6,044 | +€1,326 | +28.1% |
| Financial income | 75/76B | €7,063 | €7,287 | +€224 | +3.2% |
| Recurring financial income | 75 | €7,063 | €7,287 | +€224 | +3.2% |
| Financial charges | 65/66B | €124 | €137 | +€13 | +10.9% |
| Recurring financial charges | 65 | €124 | €137 | +€13 | +10.9% |
| Profit (loss) for the period before taxes | 9903 | €11,657 | €13,194 | +€1,537 | +13.2% |
| Income taxes | 67/77 | €3,668 | €4,324 | +€656 | +17.9% |
| Profit (loss) for the period | 9904 | €7,988 | €8,870 | +€881 | +11.0% |
| Profit (loss) for the period to be appropriated | 9905 | €7,988 | €8,870 | +€881 | +11.0% |
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 13 October 2026 via checked.be.