HELIOS GROUP: 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 GROUP
Largest movements
- Receivables within one year -€325,866
down €325,866 (-65.3%), from €498,942 to €173,076
of which Trade receivables: -€403,759
- Tangible fixed assets +€159,860
up €159,860 (+183%), from €87,327 to €247,187
of which Land and buildings: +€195,414
- Cash +€91,341
up €91,341 (+32.7%), from €279,237 to €370,579
mainly Receivables within one year (+€325,866) and Net result for the year (+€89,830)
- Trade debts -€124,581
down €124,581 (-18.2%), from €684,691 to €560,110
- Profit (loss) carried forward +€89,830
up €89,830 (+179%), from €50,245 to €140,075
- Other debts -€47,503
down €47,503 (-53.9%), from €88,093 to €40,590
- Debts after one year -€13,911
down €13,911 (-100%), from €13,911 to €0
- Accrued charges and deferred income +€11,341
new in 2024: €11,341
- Other operating charges -€71,812
down €71,812 (-96.8%), from €74,206 to €2,394
- Gross operating margin +€57,565
up €57,565 (+43.7%), from €131,719 to €189,284
- Write-downs +€21,230
new in 2024: €21,230
- Taxes +€16,180
up €16,180 (+77.4%), from €20,894 to €37,074
- Depreciation +€5,043
up €5,043 (+15.5%), from €32,516 to €37,559
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 | €869,619 | €799,276 | -€70,343 | -8.1% |
| Fixed assets | 21/28 | €90,627 | €250,487 | +€159,860 | +176% |
| Tangible fixed assets | 22/27 | €87,327 | €247,187 | +€159,860 | +183% |
| Land and buildings | 22 | - | €195,414 | +€195,414 | |
| Plant, machinery and equipment | 23 | €1,250 | €830 | -€420 | -33.6% |
| Furniture and vehicles | 24 | €86,078 | €50,943 | -€35,134 | -40.8% |
| Financial fixed assets | 28 | €3,300 | €3,300 | = | 0.0% |
| Current assets | 29/58 | €778,992 | €548,789 | -€230,203 | -29.6% |
| Amounts receivable within one year | 40/41 | €498,942 | €173,076 | -€325,866 | -65.3% |
| Trade receivables | 40 | €493,790 | €90,031 | -€403,759 | -81.8% |
| Other amounts receivable | 41 | €5,153 | €83,046 | +€77,893 | +1,512% |
| Cash at bank and in hand | 54/58 | €279,237 | €370,579 | +€91,341 | +32.7% |
| Deferred charges and accrued income | 490/1 | €813 | €5,134 | +€4,322 | +532% |
| Total equity and liabilities | 10/49 | €869,619 | €799,276 | -€70,343 | -8.1% |
| Equity | 10/15 | €53,245 | €143,075 | +€89,830 | +169% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,245 | €140,075 | +€89,830 | +179% |
| Amounts payable | 17/49 | €816,375 | €656,202 | -€160,173 | -19.6% |
| Amounts payable after more than one year | 17 | €13,911 | €0 | -€13,911 | -100% |
| Financial debts | 170/4 | €13,911 | €0 | -€13,911 | -100% |
| Amounts payable within one year | 42/48 | €802,464 | €644,861 | -€157,603 | -19.6% |
| Current portion of amounts payable after more than one year | 42 | €8,786 | €13,911 | +€5,125 | +58.3% |
| Trade debts | 44 | €684,691 | €560,110 | -€124,581 | -18.2% |
| Suppliers | 440/4 | €684,691 | €560,110 | -€124,581 | -18.2% |
| Taxes, remuneration and social security | 45 | €20,894 | €30,249 | +€9,355 | +44.8% |
| Taxes | 450/3 | €20,894 | €30,249 | +€9,355 | +44.8% |
| Other amounts payable | 47/48 | €88,093 | €40,590 | -€47,503 | -53.9% |
| Accrued charges and deferred income | 492/3 | - | €11,341 | +€11,341 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,516 | €37,559 | +€5,043 | +15.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €21,230 | +€21,230 | |
| Other operating charges | 640/8 | €74,206 | €2,394 | -€71,812 | -96.8% |
| Gross operating margin | 9900 | €131,719 | €189,284 | +€57,565 | +43.7% |
| Operating profit (loss) | 9901 | €24,996 | €128,100 | +€103,104 | +412% |
| Financial income | 75/76B | - | €939 | +€939 | |
| Recurring financial income | 75 | - | €939 | +€939 | |
| Financial charges | 65/66B | €565 | €2,135 | +€1,569 | +278% |
| Recurring financial charges | 65 | €565 | €2,135 | +€1,569 | +278% |
| Profit (loss) for the period before taxes | 9903 | €24,431 | €126,904 | +€102,473 | +419% |
| Income taxes | 67/77 | €20,894 | €37,074 | +€16,180 | +77.4% |
| Profit (loss) for the period | 9904 | €3,537 | €89,830 | +€86,293 | +2,440% |
| Profit (loss) for the period to be appropriated | 9905 | €3,537 | €89,830 | +€86,293 | +2,440% |
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 21 October 2026 via checked.be.