HELITON: 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.
HELITON
Largest movements
- Intangible fixed assets -€3,025
down €3,025 (-25.7%), from €11,763 to €8,739
- Receivables within one year +€1,111
up €1,111 (+71.3%), from €1,557 to €2,668
of which Trade receivables: +€1,992
- Profit (loss) carried forward -€8,622
down €8,622 (-7.4%), from -€116,283 to -€124,905
- Other debts +€7,097
up €7,097 (+6.4%), from €110,880 to €117,976
- Trade debts -€480
down €480 (-100%), from €480 to €0
- Depreciation -€369
down €369 (-7.8%), from €4,724 to €4,355
- Gross operating margin -€212
down €212 (-6.0%), from -€3,558 to -€3,771
- Other operating charges +€46
up €46 (+11.9%), from €384 to €430
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 | €13,677 | €11,672 | -€2,005 | -14.7% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €12,096 | €8,948 | -€3,148 | -26.0% |
| Intangible fixed assets | 21 | €11,763 | €8,739 | -€3,025 | -25.7% |
| Tangible fixed assets | 22/27 | €332 | €209 | -€124 | -37.2% |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | - | €0 | = | |
| Other tangible fixed assets | 26 | €332 | €209 | -€124 | -37.2% |
| Current assets | 29/58 | €1,581 | €2,724 | +€1,144 | +72.3% |
| Amounts receivable within one year | 40/41 | €1,557 | €2,668 | +€1,111 | +71.3% |
| Trade receivables | 40 | €379 | €2,372 | +€1,992 | +525% |
| Other amounts receivable | 41 | €1,178 | €296 | -€882 | -74.9% |
| Cash at bank and in hand | 54/58 | €23 | €56 | +€33 | +141% |
| Total equity and liabilities | 10/49 | €13,677 | €11,672 | -€2,005 | -14.7% |
| Equity | 10/15 | -€97,683 | -€106,305 | -€8,622 | -8.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€116,283 | -€124,905 | -€8,622 | -7.4% |
| Amounts payable | 17/49 | €111,360 | €117,976 | +€6,617 | +5.9% |
| Amounts payable within one year | 42/48 | €111,360 | €117,976 | +€6,617 | +5.9% |
| Trade debts | 44 | €480 | €0 | -€480 | -100% |
| Suppliers | 440/4 | €480 | €0 | -€480 | -100% |
| Other amounts payable | 47/48 | €110,880 | €117,976 | +€7,097 | +6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,724 | €4,355 | -€369 | -7.8% |
| Other operating charges | 640/8 | €384 | €430 | +€46 | +11.9% |
| Gross operating margin | 9900 | -€3,558 | -€3,771 | -€212 | -6.0% |
| Operating profit (loss) | 9901 | -€8,666 | -€8,555 | +€111 | +1.3% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €65 | €66 | +€2 | +2.4% |
| Recurring financial charges | 65 | €65 | €66 | +€2 | +2.4% |
| Profit (loss) for the period before taxes | 9903 | -€8,731 | -€8,622 | +€109 | +1.3% |
| Profit (loss) for the period | 9904 | -€8,731 | -€8,622 | +€109 | +1.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,731 | -€8,622 | +€109 | +1.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.