CF HYMAVET: 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.
CF HYMAVET
Largest movements
- Receivables after one year -€34,500
no longer reported in 2025 (was €34,500)
- Cash -€15,052
down €15,052 (-29.2%), from €51,578 to €36,526
mainly Other debts (-€82,190) and Trade debts (-€16,541)
- Tangible fixed assets -€13,801
down €13,801 (-18.7%), from €73,658 to €59,857
of which Plant, machinery and equipment: -€7,683
- Receivables within one year +€7,307
up €7,307 (+177%), from €4,140 to €11,447
of which Trade receivables: +€7,173
- Stocks and contracts +€4,286
up €4,286 (+21.8%), from €19,681 to €23,967
- Other debts -€82,190
down €82,190 (-68.4%), from €120,147 to €37,956
- Profit (loss) carried forward +€59,902
new in 2025: €59,902
- Trade debts -€16,541
down €16,541 (-75.1%), from €22,039 to €5,498
- Debts after one year -€9,463
down €9,463 (-37.9%), from €25,000 to €15,537
- Tax, wage and social debts -€7,335
down €7,335 (-63.0%), from €11,636 to €4,301
- Gross operating margin +€17,775
up €17,775 (+21.5%), from €82,638 to €100,413
- Depreciation +€7,294
up €7,294 (+75.7%), from €9,640 to €16,935
- Taxes +€3,359
up €3,359 (+20.3%), from €16,524 to €19,883
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 | €184,930 | €133,011 | -€51,919 | -28.1% |
| Fixed assets | 21/28 | €73,658 | €59,857 | -€13,801 | -18.7% |
| Tangible fixed assets | 22/27 | €73,658 | €59,857 | -€13,801 | -18.7% |
| Land and buildings | 22 | €14,007 | €10,585 | -€3,423 | -24.4% |
| Plant, machinery and equipment | 23 | €49,449 | €41,766 | -€7,683 | -15.5% |
| Furniture and vehicles | 24 | €10,202 | €7,507 | -€2,695 | -26.4% |
| Current assets | 29/58 | €111,272 | €73,154 | -€38,118 | -34.3% |
| Amounts receivable after more than one year | 29 | €34,500 | - | -€34,500 | |
| Other amounts receivable | 291 | €34,500 | - | -€34,500 | |
| Stocks and contracts in progress | 3 | €19,681 | €23,967 | +€4,286 | +21.8% |
| Stocks | 30/36 | €19,681 | €23,967 | +€4,286 | +21.8% |
| Amounts receivable within one year | 40/41 | €4,140 | €11,447 | +€7,307 | +177% |
| Trade receivables | 40 | €4,140 | €11,313 | +€7,173 | +173% |
| Other amounts receivable | 41 | - | €134 | +€134 | |
| Cash at bank and in hand | 54/58 | €51,578 | €36,526 | -€15,052 | -29.2% |
| Deferred charges and accrued income | 490/1 | €1,372 | €1,214 | -€158 | -11.5% |
| Total equity and liabilities | 10/49 | €184,930 | €133,011 | -€51,919 | -28.1% |
| Equity | 10/15 | €5,000 | €64,902 | +€59,902 | +1,198% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €59,902 | +€59,902 | |
| Amounts payable | 17/49 | €179,930 | €68,109 | -€111,821 | -62.1% |
| Amounts payable after more than one year | 17 | €25,000 | €15,537 | -€9,463 | -37.9% |
| Financial debts | 170/4 | €25,000 | €15,537 | -€9,463 | -37.9% |
| Amounts payable within one year | 42/48 | €154,930 | €52,572 | -€102,358 | -66.1% |
| Current portion of amounts payable after more than one year | 42 | €1,108 | €4,817 | +€3,709 | +335% |
| Trade debts | 44 | €22,039 | €5,498 | -€16,541 | -75.1% |
| Suppliers | 440/4 | €22,039 | €5,498 | -€16,541 | -75.1% |
| Taxes, remuneration and social security | 45 | €11,636 | €4,301 | -€7,335 | -63.0% |
| Taxes | 450/3 | €11,636 | €4,301 | -€7,335 | -63.0% |
| Other amounts payable | 47/48 | €120,147 | €37,956 | -€82,190 | -68.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,640 | €16,935 | +€7,294 | +75.7% |
| Other operating charges | 640/8 | €695 | €684 | -€11 | -1.6% |
| Gross operating margin | 9900 | €82,638 | €100,413 | +€17,775 | +21.5% |
| Operating profit (loss) | 9901 | €72,303 | €82,794 | +€10,491 | +14.5% |
| Financial income | 75/76B | €1,598 | €791 | -€807 | -50.5% |
| Recurring financial income | 75 | €1,598 | €791 | -€807 | -50.5% |
| Financial charges | 65/66B | €2,851 | €3,800 | +€949 | +33.3% |
| Recurring financial charges | 65 | €2,851 | €3,800 | +€949 | +33.3% |
| Profit (loss) for the period before taxes | 9903 | €71,050 | €79,785 | +€8,735 | +12.3% |
| Income taxes | 67/77 | €16,524 | €19,883 | +€3,359 | +20.3% |
| Profit (loss) for the period | 9904 | €54,526 | €59,902 | +€5,376 | +9.9% |
| Profit (loss) for the period to be appropriated | 9905 | €54,526 | €59,902 | +€5,376 | +9.9% |
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 19 October 2026 via checked.be.