HELIS: 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.
HELIS
Largest movements
- Receivables within one year +€41,129
up €41,129 (+329.9%), from €12,469 to €53,598
of which Trade receivables: +€23,138
- Cash -€32,181
down €32,181 (-37.8%), from €85,151 to €52,971
mainly Receivables within one year (-€41,129) and Contributions, distributions and other (-€26,211)
- Tangible fixed assets +€9,964
up €9,964 (+175.9%), from €5,665 to €15,630
of which Furniture and vehicles: +€10,111
- Reserves -€25,983
down €25,983 (-27.5%), from €94,422 to €68,439
of which Distributable reserves: -€24,123
- Other debts +€23,588
up €23,588 (+391.7%), from €6,022 to €29,611
- Profit (loss) carried forward +€15,615
no longer reported in 2026 (was -€15,615)
- Tax, wage and social debts +€5,291
up €5,291 (+1357.4%), from €390 to €5,681
of which Taxes: +€3,541
- Trade debts +€1,468
up €1,468 (+45.1%), from €3,256 to €4,724
- Financial income -€108,741
down €108,741 (-99.9%), from €108,878 to €137
of which Non-recurring financial income: -€108,878
- Financial charges -€85,703
down €85,703 (-99.6%), from €86,071 to €368
of which Non-recurring financial charges: -€81,613
- Gross operating margin +€58,672
up €58,672, from -€34,648 to €24,025
- Depreciation +€5,564
up €5,564 (+478.5%), from €1,163 to €6,726
- Other operating charges -€1,794
down €1,794 (-66.8%), from €2,684 to €890
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €103,875 | €123,856 | +€19,980 | +19.2% |
| Fixed assets | 21/28 | €5,665 | €15,630 | +€9,964 | +175.9% |
| Tangible fixed assets | 22/27 | €5,665 | €15,630 | +€9,964 | +175.9% |
| Plant, machinery and equipment | 23 | €873 | €726 | -€147 | -16.8% |
| Furniture and vehicles | 24 | €4,793 | €14,904 | +€10,111 | +211.0% |
| Current assets | 29/58 | €98,210 | €108,226 | +€10,016 | +10.2% |
| Amounts receivable within one year | 40/41 | €12,469 | €53,598 | +€41,129 | +329.9% |
| Trade receivables | 40 | €6,063 | €29,201 | +€23,138 | +381.6% |
| Other amounts receivable | 41 | €6,406 | €24,396 | +€17,990 | +280.9% |
| Cash at bank and in hand | 54/58 | €85,151 | €52,971 | -€32,181 | -37.8% |
| Deferred charges and accrued income | 490/1 | €590 | €1,657 | +€1,067 | +181.0% |
| Total equity and liabilities | 10/49 | €103,875 | €123,856 | +€19,980 | +19.2% |
| Equity | 10/15 | €94,207 | €83,839 | -€10,367 | -11.0% |
| Contributions | 10/11 | €15,400 | €15,400 | = | 0.0% |
| Reserves | 13 | €94,422 | €68,439 | -€25,983 | -27.5% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €92,562 | €68,439 | -€24,123 | -26.1% |
| Profit (loss) carried forward | 14 | -€15,615 | - | +€15,615 | |
| Amounts payable | 17/49 | €9,668 | €40,016 | +€30,348 | +313.9% |
| Amounts payable within one year | 42/48 | €9,668 | €40,016 | +€30,348 | +313.9% |
| Trade debts | 44 | €3,256 | €4,724 | +€1,468 | +45.1% |
| Suppliers | 440/4 | €3,256 | €4,724 | +€1,468 | +45.1% |
| Taxes, remuneration and social security | 45 | €390 | €5,681 | +€5,291 | +1357.4% |
| Taxes | 450/3 | €390 | €3,931 | +€3,541 | +908.4% |
| Remuneration and social security | 454/9 | - | €1,750 | +€1,750 | |
| Other amounts payable | 47/48 | €6,022 | €29,611 | +€23,588 | +391.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,163 | €6,726 | +€5,564 | +478.5% |
| Other operating charges | 640/8 | €2,684 | €890 | -€1,794 | -66.8% |
| Gross operating margin | 9900 | -€34,648 | €24,025 | +€58,672 | |
| Operating profit (loss) | 9901 | -€38,494 | €16,408 | +€54,903 | |
| Financial income | 75/76B | €108,878 | €137 | -€108,741 | -99.9% |
| Recurring financial income | 75 | €0 | €137 | +€137 | +342425.0% |
| Non-recurring financial income | 76B | €108,878 | - | -€108,878 | |
| Financial charges | 65/66B | €86,071 | €368 | -€85,703 | -99.6% |
| Recurring financial charges | 65 | €4,458 | €368 | -€4,090 | -91.7% |
| Non-recurring financial charges | 66B | €81,613 | - | -€81,613 | |
| Profit (loss) for the period before taxes | 9903 | -€15,687 | €16,177 | +€31,864 | |
| Income taxes | 67/77 | €305 | €334 | +€29 | +9.5% |
| Profit (loss) for the period | 9904 | -€15,992 | €15,843 | +€31,835 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,992 | €15,843 | +€31,835 |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.