HELITOS: 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.
HELITOS
Largest movements
- Cash -€33,137
down €33,137 (-22.3%), from €148,820 to €115,683
mainly Contributions, distributions and other (-€85,938) and Tax, wage and social debts (-€7,742)
- Tangible fixed assets -€2,752
down €2,752 (-18.9%), from €14,566 to €11,814
of which Other tangible fixed assets: -€2,510
- Reserves -€30,320
down €30,320 (-35.3%), from €85,938 to €55,619
- Tax, wage and social debts -€7,742
down €7,742 (-52.8%), from €14,651 to €6,909
- Gross operating margin +€8,530
up €8,530 (+11.9%), from €71,681 to €80,211
- Taxes +€5,522
up €5,522 (+39.7%), from €13,897 to €19,419
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 | €181,207 | €146,282 | -€34,925 | -19.3% |
| Fixed assets | 21/28 | €14,606 | €11,854 | -€2,752 | -18.8% |
| Tangible fixed assets | 22/27 | €14,566 | €11,814 | -€2,752 | -18.9% |
| Plant, machinery and equipment | 23 | €236 | €0 | -€236 | -100% |
| Furniture and vehicles | 24 | €2,118 | €2,113 | -€5 | -0.3% |
| Other tangible fixed assets | 26 | €12,212 | €9,701 | -€2,510 | -20.6% |
| Financial fixed assets | 28 | €40 | €40 | = | 0.0% |
| Current assets | 29/58 | €166,601 | €134,427 | -€32,173 | -19.3% |
| Amounts receivable within one year | 40/41 | €16,362 | €15,970 | -€392 | -2.4% |
| Trade receivables | 40 | €15,706 | €15,373 | -€333 | -2.1% |
| Other amounts receivable | 41 | €655 | €597 | -€59 | -8.9% |
| Cash at bank and in hand | 54/58 | €148,820 | €115,683 | -€33,137 | -22.3% |
| Deferred charges and accrued income | 490/1 | €1,419 | €2,774 | +€1,355 | +95.5% |
| Total equity and liabilities | 10/49 | €181,207 | €146,282 | -€34,925 | -19.3% |
| Equity | 10/15 | €89,438 | €59,119 | -€30,320 | -33.9% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | €85,938 | €55,619 | -€30,320 | -35.3% |
| Distributable reserves | 133 | €85,938 | €55,619 | -€30,320 | -35.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €91,768 | €87,163 | -€4,605 | -5.0% |
| Amounts payable within one year | 42/48 | €91,768 | €87,163 | -€4,605 | -5.0% |
| Trade debts | 44 | €2,445 | €3,897 | +€1,453 | +59.4% |
| Suppliers | 440/4 | €2,445 | €3,897 | +€1,453 | +59.4% |
| Taxes, remuneration and social security | 45 | €14,651 | €6,909 | -€7,742 | -52.8% |
| Taxes | 450/3 | €14,651 | €6,909 | -€7,742 | -52.8% |
| Other amounts payable | 47/48 | €74,673 | €76,357 | +€1,684 | +2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,572 | €4,275 | +€702 | +19.7% |
| Other operating charges | 640/8 | €868 | €371 | -€497 | -57.2% |
| Non-recurring operating charges | 66A | - | €97 | +€97 | |
| Gross operating margin | 9900 | €71,681 | €80,211 | +€8,530 | +11.9% |
| Operating profit (loss) | 9901 | €67,241 | €75,469 | +€8,228 | +12.2% |
| Financial income | 75/76B | €23 | €0 | -€23 | -100.0% |
| Recurring financial income | 75 | €23 | €0 | -€23 | -100.0% |
| Financial charges | 65/66B | €601 | €431 | -€169 | -28.2% |
| Recurring financial charges | 65 | €601 | €431 | -€169 | -28.2% |
| Profit (loss) for the period before taxes | 9903 | €66,663 | €75,037 | +€8,375 | +12.6% |
| Income taxes | 67/77 | €13,897 | €19,419 | +€5,522 | +39.7% |
| Profit (loss) for the period | 9904 | €52,766 | €55,619 | +€2,853 | +5.4% |
| Profit (loss) for the period to be appropriated | 9905 | €52,766 | €55,619 | +€2,853 | +5.4% |
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.