Cypress Hulshout: 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.
Cypress Hulshout
Largest movements
- Cash -€338,541
down €338,541 (-64.3%), from €526,884 to €188,344
mainly Other debts (-€320,000) and Investment in fixed assets (net) (-€122,240)
- Current investments -€101,092
down €101,092 (-3.6%), from €2.8m to €2.7m
- Other debts -€320,000
down €320,000 (-100%), from €320,000 to €0
- Reserves -€71,103
down €71,103 (-1.7%), from €4.3m to €4.2m
of which Distributable reserves: -€71,103
- Gross operating margin -€353,733
down €353,733 (-59.9%), from €590,775 to €237,041
- Financial charges +€240,990
up €240,990 (+1,184%), from €20,350 to €261,340
- Depreciation -€64,724
down €64,724 (-43.8%), from €147,874 to €83,150
- Taxes -€11,306
down €11,306 (-18.7%), from €60,460 to €49,154
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 | €4,716,280 | €4,295,847 | -€420,433 | -8.9% |
| Formation expenses | 20 | €3,917 | €2,414 | -€1,503 | -38.4% |
| Fixed assets | 21/28 | €1,321,829 | €1,362,423 | +€40,594 | +3.1% |
| Tangible fixed assets | 22/27 | €1,321,829 | €1,362,423 | +€40,594 | +3.1% |
| Land and buildings | 22 | €1,321,829 | €1,362,423 | +€40,594 | +3.1% |
| Current assets | 29/58 | €3,390,534 | €2,931,011 | -€459,523 | -13.6% |
| Amounts receivable within one year | 40/41 | €42,823 | €22,933 | -€19,891 | -46.4% |
| Trade receivables | 40 | €8,197 | €0 | -€8,197 | -100% |
| Other amounts receivable | 41 | €34,627 | €22,933 | -€11,694 | -33.8% |
| Current investments | 50/53 | €2,820,826 | €2,719,734 | -€101,092 | -3.6% |
| Cash at bank and in hand | 54/58 | €526,884 | €188,344 | -€338,541 | -64.3% |
| Total equity and liabilities | 10/49 | €4,716,280 | €4,295,847 | -€420,433 | -8.9% |
| Equity | 10/15 | €4,348,103 | €4,277,000 | -€71,103 | -1.6% |
| Contributions | 10/11 | €94,018 | €94,018 | = | 0.0% |
| Reserves | 13 | €4,254,085 | €4,182,982 | -€71,103 | -1.7% |
| Non-distributable reserves | 130/1 | €9,402 | €9,402 | = | 0.0% |
| Reserves not available under the articles | 1311 | €9,402 | €9,402 | = | 0.0% |
| Distributable reserves | 133 | €4,244,684 | €4,173,581 | -€71,103 | -1.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €368,177 | €18,847 | -€349,330 | -94.9% |
| Amounts payable within one year | 42/48 | €365,718 | €18,847 | -€346,871 | -94.8% |
| Trade debts | 44 | €16,645 | €150 | -€16,496 | -99.1% |
| Suppliers | 440/4 | €16,645 | €150 | -€16,496 | -99.1% |
| Taxes, remuneration and social security | 45 | €29,073 | €18,697 | -€10,375 | -35.7% |
| Taxes | 450/3 | €29,073 | €18,697 | -€10,375 | -35.7% |
| Other amounts payable | 47/48 | €320,000 | €0 | -€320,000 | -100% |
| Accrued charges and deferred income | 492/3 | €2,459 | €0 | -€2,459 | -100% |
| Non-recurring operating income | 76A | €406,134 | €0 | -€406,134 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €147,874 | €83,150 | -€64,724 | -43.8% |
| Other operating charges | 640/8 | €15,769 | €16,023 | +€254 | +1.6% |
| Gross operating margin | 9900 | €590,775 | €237,041 | -€353,733 | -59.9% |
| Operating profit (loss) | 9901 | €427,131 | €137,868 | -€289,263 | -67.7% |
| Financial income | 75/76B | €104,624 | €101,523 | -€3,101 | -3.0% |
| Recurring financial income | 75 | €104,624 | €101,523 | -€3,101 | -3.0% |
| Financial charges | 65/66B | €20,350 | €261,340 | +€240,990 | +1,184% |
| Recurring financial charges | 65 | €20,350 | €261,340 | +€240,990 | +1,184% |
| Profit (loss) for the period before taxes | 9903 | €511,406 | -€21,948 | -€533,354 | |
| Income taxes | 67/77 | €60,460 | €49,154 | -€11,306 | -18.7% |
| Profit (loss) for the period | 9904 | €450,945 | -€71,103 | -€522,048 | |
| Profit (loss) for the period to be appropriated | 9905 | €450,945 | -€71,103 | -€522,048 |
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 25 October 2026 via checked.be.