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
- Receivables within one year -€13,277
down €13,277 (-83.7%), from €15,860 to €2,583
of which Other amounts receivable: -€12,102
- Cash -€9,578
down €9,578 (-49.0%), from €19,536 to €9,958
mainly Contributions, distributions and other (-€16,806) and Net result for the year (-€14,260)
- Tangible fixed assets -€2,262
down €2,262 (-32.7%), from €6,922 to €4,659
of which Furniture and vehicles: -€1,691
- Reserves -€16,806
down €16,806 (-45.7%), from €36,806 to €20,000
- Profit (loss) carried forward -€14,260
down €14,260 (-1261.7%), from -€1,130 to -€15,390
- Accrued charges and deferred income +€4,839
new in 2025: €4,839
- Trade debts +€1,129
up €1,129 (+153.5%), from €735 to €1,864
- Gross operating margin +€14,824
up €14,824 (+58.2%), from -€25,481 to -€10,657
- Financial income -€711
no longer reported in 2025 (was €711)
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 | €43,101 | €17,987 | -€25,114 | -58.3% |
| Fixed assets | 21/28 | €6,922 | €4,659 | -€2,262 | -32.7% |
| Tangible fixed assets | 22/27 | €6,922 | €4,659 | -€2,262 | -32.7% |
| Land and buildings | 22 | €3,030 | €2,459 | -€571 | -18.9% |
| Furniture and vehicles | 24 | €3,891 | €2,200 | -€1,691 | -43.5% |
| Current assets | 29/58 | €36,179 | €13,327 | -€22,852 | -63.2% |
| Amounts receivable within one year | 40/41 | €15,860 | €2,583 | -€13,277 | -83.7% |
| Trade receivables | 40 | €3,630 | €2,455 | -€1,175 | -32.4% |
| Other amounts receivable | 41 | €12,230 | €128 | -€12,102 | -99.0% |
| Cash at bank and in hand | 54/58 | €19,536 | €9,958 | -€9,578 | -49.0% |
| Deferred charges and accrued income | 490/1 | €784 | €787 | +€3 | +0.4% |
| Total equity and liabilities | 10/49 | €43,101 | €17,987 | -€25,114 | -58.3% |
| Equity | 10/15 | €41,876 | €10,810 | -€31,066 | -74.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €36,806 | €20,000 | -€16,806 | -45.7% |
| Distributable reserves | 133 | €36,806 | €20,000 | -€16,806 | -45.7% |
| Profit (loss) carried forward | 14 | -€1,130 | -€15,390 | -€14,260 | -1261.7% |
| Amounts payable | 17/49 | €1,225 | €7,177 | +€5,952 | +485.7% |
| Amounts payable within one year | 42/48 | €1,225 | €2,338 | +€1,113 | +90.8% |
| Trade debts | 44 | €735 | €1,864 | +€1,129 | +153.5% |
| Suppliers | 440/4 | €735 | €1,864 | +€1,129 | +153.5% |
| Taxes, remuneration and social security | 45 | €490 | €474 | -€16 | -3.3% |
| Taxes | 450/3 | €490 | €474 | -€16 | -3.3% |
| Accrued charges and deferred income | 492/3 | - | €4,839 | +€4,839 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,368 | €2,262 | -€106 | -4.5% |
| Other operating charges | 640/8 | €968 | €1,069 | +€101 | +10.5% |
| Gross operating margin | 9900 | -€25,481 | -€10,657 | +€14,824 | +58.2% |
| Operating profit (loss) | 9901 | -€28,817 | -€13,988 | +€14,829 | +51.5% |
| Financial income | 75/76B | €711 | - | -€711 | |
| Recurring financial income | 75 | €711 | - | -€711 | |
| Financial charges | 65/66B | €107 | €93 | -€14 | -13.4% |
| Recurring financial charges | 65 | €107 | €93 | -€14 | -13.4% |
| Profit (loss) for the period before taxes | 9903 | -€28,213 | -€14,081 | +€14,132 | +50.1% |
| Income taxes | 67/77 | €88 | €179 | +€91 | +103.9% |
| Profit (loss) for the period | 9904 | -€28,301 | -€14,260 | +€14,041 | +49.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€28,301 | -€14,260 | +€14,041 | +49.6% |
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 4 October 2026 via checked.be.