Helix: 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.
Helix
Largest movements
- Cash -€504,621
down €504,621 (-42.5%), from €1.2m to €683,083
mainly Debts after one year (-€3.7m) and Current investments (-€228,225)
- Current investments +€228,225
up €228,225 (+147.5%), from €154,750 to €382,975
- Debts after one year -€3.7m
down €3.7m (-36.3%), from €10.3m to €6.6m
- Current portion of long-term debt +€1.8m
up €1.8m (+343.3%), from €517,308 to €2.3m
- Profit (loss) carried forward +€1.8m
up €1.8m (+21.5%), from €8.2m to €10.0m
- Financial income +€507,996
up €507,996 (+50.2%), from €1.0m to €1.5m
- Gross operating margin -€38,779
down €38,779 (-6.1%), from €636,166 to €597,387
- Financial charges +€25,754
up €25,754 (+10.7%), from €239,995 to €265,749
- Taxes -€12,366
down €12,366 (-12.8%), from €96,708 to €84,342
From the 31-12-2022 result to the 31-12-2023 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 31-12-2022 and 31-12-2023 balance sheets and the 31-12-2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2022 | 31-12-2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €19,237,628 | €19,054,828 | -€182,800 | -1.0% |
| Fixed assets | 21/28 | €17,777,794 | €17,792,094 | +€14,300 | +0.1% |
| Tangible fixed assets | 22/27 | - | €14,300 | +€14,300 | |
| Other tangible fixed assets | 26 | - | €14,300 | +€14,300 | |
| Financial fixed assets | 28 | €17,777,794 | €17,777,794 | = | 0.0% |
| Current assets | 29/58 | €1,459,834 | €1,262,734 | -€197,100 | -13.5% |
| Amounts receivable within one year | 40/41 | €101,526 | €194,283 | +€92,757 | +91.4% |
| Other amounts receivable | 41 | €101,526 | €194,283 | +€92,757 | +91.4% |
| Current investments | 50/53 | €154,750 | €382,975 | +€228,225 | +147.5% |
| Cash at bank and in hand | 54/58 | €1,187,704 | €683,083 | -€504,621 | -42.5% |
| Deferred charges and accrued income | 490/1 | €15,854 | €2,393 | -€13,461 | -84.9% |
| Total equity and liabilities | 10/49 | €19,237,628 | €19,054,828 | -€182,800 | -1.0% |
| Equity | 10/15 | €8,255,787 | €10,022,734 | +€1.8m | +21.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,237,187 | €10,004,134 | +€1.8m | +21.5% |
| Amounts payable | 17/49 | €10,981,841 | €9,032,094 | -€1.9m | -17.8% |
| Amounts payable after more than one year | 17 | €10,304,070 | €6,565,844 | -€3.7m | -36.3% |
| Financial debts | 170/4 | €10,304,070 | €6,565,844 | -€3.7m | -36.3% |
| Amounts payable within one year | 42/48 | €614,603 | €2,400,377 | +€1.8m | +290.6% |
| Current portion of amounts payable after more than one year | 42 | €517,308 | €2,293,226 | +€1.8m | +343.3% |
| Trade debts | 44 | - | €9,680 | +€9,680 | |
| Suppliers | 440/4 | - | €9,680 | +€9,680 | |
| Taxes, remuneration and social security | 45 | €18,394 | €16,656 | -€1,738 | -9.4% |
| Taxes | 450/3 | €18,394 | €16,656 | -€1,738 | -9.4% |
| Other amounts payable | 47/48 | €78,901 | €80,814 | +€1,913 | +2.4% |
| Accrued charges and deferred income | 492/3 | €63,168 | €65,873 | +€2,705 | +4.3% |
| Other operating charges | 640/8 | €1,028 | €1,130 | +€102 | +9.9% |
| Gross operating margin | 9900 | €636,166 | €597,387 | -€38,779 | -6.1% |
| Operating profit (loss) | 9901 | €635,138 | €596,257 | -€38,882 | -6.1% |
| Financial income | 75/76B | €1,012,785 | €1,520,781 | +€507,996 | +50.2% |
| Recurring financial income | 75 | €1,012,785 | €1,520,781 | +€507,996 | +50.2% |
| Financial charges | 65/66B | €239,995 | €265,749 | +€25,754 | +10.7% |
| Recurring financial charges | 65 | €239,995 | €265,749 | +€25,754 | +10.7% |
| Profit (loss) for the period before taxes | 9903 | €1,407,928 | €1,851,289 | +€443,361 | +31.5% |
| Income taxes | 67/77 | €96,708 | €84,342 | -€12,366 | -12.8% |
| Profit (loss) for the period | 9904 | €1,311,220 | €1,766,947 | +€455,727 | +34.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,311,220 | €1,766,947 | +€455,727 | +34.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.