HELIOSUN: 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.
HELIOSUN
Largest movements
- Tangible fixed assets +€25,409
up €25,409 (+555.1%), from €4,577 to €29,987
of which Plant, machinery and equipment: +€26,470
- Receivables within one year +€7,203
up €7,203 (+633.6%), from €1,137 to €8,339
of which Trade receivables: +€7,434
- Cash -€642
down €642 (-40.6%), from €1,582 to €940
mainly Investment in fixed assets (net) (-€33,158) and Receivables within one year (-€7,203)
- Debts after one year +€15,010
new in 2025: €15,010
- Other debts +€10,000
up €10,000 (+4444.4%), from €225 to €10,225
- Current portion of long-term debt +€3,409
up €3,409 (+123.6%), from €2,759 to €6,167
- Tax, wage and social debts +€2,785
up €2,785 (+64.9%), from €4,294 to €7,079
of which Remuneration and social security: +€2,500
- Profit (loss) carried forward +€1,320
up €1,320 (+4.7%), from -€27,865 to -€26,545
- Depreciation -€4,906
down €4,906 (-38.8%), from €12,655 to €7,749
- Gross operating margin +€1,320
up €1,320 (+13.6%), from €9,688 to €11,008
- Financial charges +€844
up €844 (+235.9%), from €358 to €1,202
- Taxes -€246
down €246 (-52.9%), from €465 to €219
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 | €7,296 | €39,266 | +€31,970 | +438.2% |
| Fixed assets | 21/28 | €4,577 | €29,987 | +€25,409 | +555.1% |
| Tangible fixed assets | 22/27 | €4,577 | €29,987 | +€25,409 | +555.1% |
| Plant, machinery and equipment | 23 | €1,462 | €27,932 | +€26,470 | +1810.8% |
| Furniture and vehicles | 24 | €3,116 | €656 | -€2,460 | -79.0% |
| Other tangible fixed assets | 26 | - | €1,399 | +€1,399 | |
| Current assets | 29/58 | €2,719 | €9,279 | +€6,560 | +241.3% |
| Amounts receivable within one year | 40/41 | €1,137 | €8,339 | +€7,203 | +633.6% |
| Trade receivables | 40 | €905 | €8,339 | +€7,434 | +821.1% |
| Other amounts receivable | 41 | €231 | - | -€231 | |
| Cash at bank and in hand | 54/58 | €1,582 | €940 | -€642 | -40.6% |
| Total equity and liabilities | 10/49 | €7,296 | €39,266 | +€31,970 | +438.2% |
| Equity | 10/15 | -€1,524 | -€204 | +€1,320 | +86.6% |
| Contributions | 10/11 | €20,465 | €20,465 | = | 0.0% |
| Reserves | 13 | €5,877 | €5,877 | = | 0.0% |
| Distributable reserves | 133 | €5,877 | €5,877 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,865 | -€26,545 | +€1,320 | +4.7% |
| Amounts payable | 17/49 | €8,820 | €39,470 | +€30,650 | +347.5% |
| Amounts payable after more than one year | 17 | - | €15,010 | +€15,010 | |
| Financial debts | 170/4 | - | €15,010 | +€15,010 | |
| Amounts payable within one year | 42/48 | €8,420 | €24,460 | +€16,040 | +190.5% |
| Current portion of amounts payable after more than one year | 42 | €2,759 | €6,167 | +€3,409 | +123.6% |
| Trade debts | 44 | €1,142 | €989 | -€154 | -13.5% |
| Suppliers | 440/4 | €1,142 | €989 | -€154 | -13.5% |
| Taxes, remuneration and social security | 45 | €4,294 | €7,079 | +€2,785 | +64.9% |
| Taxes | 450/3 | €1,794 | €2,079 | +€285 | +15.9% |
| Remuneration and social security | 454/9 | €2,500 | €5,000 | +€2,500 | +100.0% |
| Other amounts payable | 47/48 | €225 | €10,225 | +€10,000 | +4444.4% |
| Accrued charges and deferred income | 492/3 | €401 | - | -€401 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,655 | €7,749 | -€4,906 | -38.8% |
| Other operating charges | 640/8 | €579 | €519 | -€60 | -10.3% |
| Gross operating margin | 9900 | €9,688 | €11,008 | +€1,320 | +13.6% |
| Operating profit (loss) | 9901 | -€3,545 | €2,740 | +€6,286 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €358 | €1,202 | +€844 | +235.9% |
| Recurring financial charges | 65 | €358 | €1,202 | +€844 | +235.9% |
| Profit (loss) for the period before taxes | 9903 | -€3,903 | €1,539 | +€5,442 | |
| Income taxes | 67/77 | €465 | €219 | -€246 | -52.9% |
| Profit (loss) for the period | 9904 | -€4,368 | €1,320 | +€5,688 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,368 | €1,320 | +€5,688 |
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 8 October 2026 via checked.be.