LV HELICO: 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.
LV HELICO
Largest movements
- Cash -€44,042
down €44,042 (-66.8%), from €65,915 to €21,873
mainly Receivables within one year (-€40,503) and Investment in fixed assets (net) (-€12,938)
- Receivables within one year +€40,503
up €40,503 (+16.9%), from €239,503 to €280,006
of which Trade receivables: +€33,124
- Tangible fixed assets +€3,923
up €3,923 (+15.0%), from €26,141 to €30,064
of which Furniture and vehicles: +€6,954
- Trade debts -€12,352
down €12,352 (-80.0%), from €15,438 to €3,086
- Reserves +€9,086
up €9,086 (+19.2%), from €47,288 to €56,374
- Gross operating margin -€283,638
down €283,638 (-93.1%), from €304,822 to €21,183
- Financial charges -€6,910
down €6,910 (-92.5%), from €7,469 to €560
- Financial income -€5,821
down €5,821 (-58.6%), from €9,927 to €4,107
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 | €333,192 | €334,011 | +€819 | +0.2% |
| Fixed assets | 21/28 | €26,141 | €30,064 | +€3,923 | +15.0% |
| Tangible fixed assets | 22/27 | €26,141 | €30,064 | +€3,923 | +15.0% |
| Plant, machinery and equipment | 23 | €20,335 | €17,304 | -€3,031 | -14.9% |
| Furniture and vehicles | 24 | €5,805 | €12,759 | +€6,954 | +120% |
| Current assets | 29/58 | €307,051 | €303,947 | -€3,104 | -1.0% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €239,503 | €280,006 | +€40,503 | +16.9% |
| Trade receivables | 40 | €34,206 | €67,330 | +€33,124 | +96.8% |
| Other amounts receivable | 41 | €205,297 | €212,676 | +€7,379 | +3.6% |
| Cash at bank and in hand | 54/58 | €65,915 | €21,873 | -€44,042 | -66.8% |
| Deferred charges and accrued income | 490/1 | €1,633 | €2,068 | +€435 | +26.6% |
| Total equity and liabilities | 10/49 | €333,192 | €334,011 | +€819 | +0.2% |
| Equity | 10/15 | €197,288 | €206,374 | +€9,086 | +4.6% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €47,288 | €56,374 | +€9,086 | +19.2% |
| Distributable reserves | 133 | €47,288 | €56,374 | +€9,086 | +19.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €135,904 | €127,637 | -€8,267 | -6.1% |
| Amounts payable within one year | 42/48 | €135,904 | €126,489 | -€9,415 | -6.9% |
| Trade debts | 44 | €15,438 | €3,086 | -€12,352 | -80.0% |
| Suppliers | 440/4 | €15,438 | €3,086 | -€12,352 | -80.0% |
| Taxes, remuneration and social security | 45 | €466 | €3,403 | +€2,937 | +630% |
| Taxes | 450/3 | €466 | €3,403 | +€2,937 | +630% |
| Other amounts payable | 47/48 | €120,000 | €120,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €1,148 | +€1,148 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,419 | €9,014 | +€595 | +7.1% |
| Other operating charges | 640/8 | €1,984 | €3,227 | +€1,243 | +62.6% |
| Gross operating margin | 9900 | €304,822 | €21,183 | -€283,638 | -93.1% |
| Operating profit (loss) | 9901 | €294,419 | €8,942 | -€285,476 | -97.0% |
| Financial income | 75/76B | €9,927 | €4,107 | -€5,821 | -58.6% |
| Recurring financial income | 75 | €9,927 | €4,107 | -€5,821 | -58.6% |
| Financial charges | 65/66B | €7,469 | €560 | -€6,910 | -92.5% |
| Recurring financial charges | 65 | €7,469 | €560 | -€6,910 | -92.5% |
| Profit (loss) for the period before taxes | 9903 | €296,877 | €12,490 | -€284,387 | -95.8% |
| Income taxes | 67/77 | €466 | €3,403 | +€2,937 | +630% |
| Profit (loss) for the period | 9904 | €296,410 | €9,086 | -€287,324 | -96.9% |
| Profit (loss) for the period to be appropriated | 9905 | €296,410 | €9,086 | -€287,324 | -96.9% |
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 15 October 2026 via checked.be.