Helix Engineering: 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.
Helix Engineering
Largest movements
- Tangible fixed assets -€59,848
down €59,848 (-7.9%), from €759,383 to €699,535
of which Land and buildings: -€49,475
- Cash +€56,944
up €56,944 (+176%), from €32,313 to €89,257
mainly Net result for the year (+€104,055) and Depreciation (+€59,848)
- Reserves +€104,055
up €104,055 (+44.5%), from €234,024 to €338,080
- Debts after one year -€76,059
down €76,059 (-16.4%), from €464,843 to €388,784
- Other debts -€33,189
down €33,189 (-100%), from €33,189 to €0
- Tax, wage and social debts +€10,664
up €10,664 (+318%), from €3,351 to €14,015
- Gross operating margin +€35,883
up €35,883 (+17.8%), from €201,452 to €237,335
- Taxes +€13,021
up €13,021 (+39.2%), from €33,252 to €46,273
- Financial charges -€5,383
down €5,383 (-19.1%), from €28,131 to €22,748
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 | €835,163 | €837,706 | +€2,543 | +0.3% |
| Fixed assets | 21/28 | €761,183 | €701,335 | -€59,848 | -7.9% |
| Tangible fixed assets | 22/27 | €759,383 | €699,535 | -€59,848 | -7.9% |
| Land and buildings | 22 | €706,995 | €657,520 | -€49,475 | -7.0% |
| Plant, machinery and equipment | 23 | €38,849 | €33,382 | -€5,467 | -14.1% |
| Furniture and vehicles | 24 | €13,538 | €8,633 | -€4,906 | -36.2% |
| Financial fixed assets | 28 | €1,800 | €1,800 | = | 0.0% |
| Current assets | 29/58 | €73,980 | €136,371 | +€62,391 | +84.3% |
| Amounts receivable within one year | 40/41 | €38,568 | €45,276 | +€6,708 | +17.4% |
| Other amounts receivable | 41 | €38,568 | €45,276 | +€6,708 | +17.4% |
| Cash at bank and in hand | 54/58 | €32,313 | €89,257 | +€56,944 | +176% |
| Deferred charges and accrued income | 490/1 | €3,098 | €1,837 | -€1,262 | -40.7% |
| Total equity and liabilities | 10/49 | €835,163 | €837,706 | +€2,543 | +0.3% |
| Equity | 10/15 | €240,224 | €344,280 | +€104,055 | +43.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €234,024 | €338,080 | +€104,055 | +44.5% |
| Distributable reserves | 133 | €234,024 | €338,080 | +€104,055 | +44.5% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €594,938 | €493,426 | -€101,512 | -17.1% |
| Amounts payable after more than one year | 17 | €464,843 | €388,784 | -€76,059 | -16.4% |
| Financial debts | 170/4 | €464,843 | €388,784 | -€76,059 | -16.4% |
| Amounts payable within one year | 42/48 | €127,581 | €104,642 | -€22,939 | -18.0% |
| Current portion of amounts payable after more than one year | 42 | €84,300 | €87,726 | +€3,426 | +4.1% |
| Financial debts | 43 | - | €179 | +€179 | |
| Credit institutions | 430/8 | - | €179 | +€179 | |
| Trade debts | 44 | €6,741 | €2,723 | -€4,019 | -59.6% |
| Suppliers | 440/4 | €6,741 | €2,723 | -€4,019 | -59.6% |
| Taxes, remuneration and social security | 45 | €3,351 | €14,015 | +€10,664 | +318% |
| Taxes | 450/3 | €3,351 | €14,015 | +€10,664 | +318% |
| Other amounts payable | 47/48 | €33,189 | €0 | -€33,189 | -100% |
| Accrued charges and deferred income | 492/3 | €2,514 | €0 | -€2,514 | -100% |
| Non-recurring operating income | 76A | €9,852 | €0 | -€9,852 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,186 | €59,848 | +€1,662 | +2.9% |
| Other operating charges | 640/8 | €4,838 | €4,851 | +€13 | +0.3% |
| Gross operating margin | 9900 | €201,452 | €237,335 | +€35,883 | +17.8% |
| Operating profit (loss) | 9901 | €138,428 | €172,636 | +€34,208 | +24.7% |
| Financial income | 75/76B | €0 | €440 | +€440 | +4,397,400% |
| Recurring financial income | 75 | €0 | €440 | +€440 | +4,397,400% |
| Financial charges | 65/66B | €28,131 | €22,748 | -€5,383 | -19.1% |
| Recurring financial charges | 65 | €28,131 | €22,748 | -€5,383 | -19.1% |
| Profit (loss) for the period before taxes | 9903 | €110,297 | €150,328 | +€40,031 | +36.3% |
| Income taxes | 67/77 | €33,252 | €46,273 | +€13,021 | +39.2% |
| Profit (loss) for the period | 9904 | €77,045 | €104,055 | +€27,010 | +35.1% |
| Profit (loss) for the period to be appropriated | 9905 | €77,045 | €104,055 | +€27,010 | +35.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.