GYN-HEP: 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.
GYN-HEP
Largest movements
- Tangible fixed assets -€28,648
down €28,648 (-7.0%), from €410,073 to €381,425
- Cash -€13,212
down €13,212 (-12.0%), from €109,825 to €96,614
mainly Debts after one year (-€26,594) and Receivables within one year (-€5,645)
- Debts after one year -€26,594
down €26,594 (-21.1%), from €125,978 to €99,384
- Purchases and services +€25,438
up €25,438 (+34.0%), from €74,919 to €100,357
- Gross operating margin -€19,959
down €19,959 (-41.6%), from €47,981 to €28,022
- Taxes -€5,053
down €5,053, from €5,005 to -€48
- Turnover +€4,523
up €4,523 (+4.5%), from €101,355 to €105,878
- Depreciation +€1,222
up €1,222 (+4.5%), from €27,426 to €28,648
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 | €743,809 | €707,899 | -€35,910 | -4.8% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €410,073 | €381,425 | -€28,648 | -7.0% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €410,073 | €381,425 | -€28,648 | -7.0% |
| Land and buildings | 22 | €338,410 | €325,721 | -€12,689 | -3.7% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €39,444 | €28,240 | -€11,204 | -28.4% |
| Other tangible fixed assets | 26 | €32,219 | €27,464 | -€4,755 | -14.8% |
| Current assets | 29/58 | €333,735 | €326,474 | -€7,262 | -2.2% |
| Amounts receivable within one year | 40/41 | €21,928 | €27,573 | +€5,645 | +25.7% |
| Trade receivables | 40 | €0 | €2,705 | +€2,705 | |
| Other amounts receivable | 41 | €21,928 | €24,868 | +€2,940 | +13.4% |
| Current investments | 50/53 | €200,000 | €200,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €109,825 | €96,614 | -€13,212 | -12.0% |
| Deferred charges and accrued income | 490/1 | €1,982 | €2,287 | +€305 | +15.4% |
| Total equity and liabilities | 10/49 | €743,809 | €707,899 | -€35,910 | -4.8% |
| Equity | 10/15 | €540,474 | €535,187 | -€5,288 | -1.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €85,860 | €85,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €84,000 | €84,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €442,214 | €436,927 | -€5,288 | -1.2% |
| Amounts payable | 17/49 | €203,334 | €172,712 | -€30,622 | -15.1% |
| Amounts payable after more than one year | 17 | €125,978 | €99,384 | -€26,594 | -21.1% |
| Financial debts | 170/4 | €125,978 | €99,384 | -€26,594 | -21.1% |
| Amounts payable within one year | 42/48 | €77,357 | €73,328 | -€4,028 | -5.2% |
| Current portion of amounts payable after more than one year | 42 | €28,283 | €28,801 | +€518 | +1.8% |
| Trade debts | 44 | €188 | €153 | -€35 | -18.4% |
| Suppliers | 440/4 | €188 | €153 | -€35 | -18.4% |
| Taxes, remuneration and social security | 45 | €0 | €0 | = | |
| Taxes | 450/3 | €0 | €0 | = | |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €48,886 | €44,374 | -€4,512 | -9.2% |
| Turnover | 70 | €101,355 | €105,878 | +€4,523 | +4.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €74,919 | €100,357 | +€25,438 | +34.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,426 | €28,648 | +€1,222 | +4.5% |
| Other operating charges | 640/8 | €1,674 | €1,728 | +€54 | +3.2% |
| Non-recurring operating charges | 66A | €10 | - | -€10 | |
| Gross operating margin | 9900 | €47,981 | €28,022 | -€19,959 | -41.6% |
| Operating profit (loss) | 9901 | €18,871 | -€2,354 | -€21,225 | |
| Financial income | 75/76B | - | €244 | +€244 | |
| Recurring financial income | 75 | - | €244 | +€244 | |
| Financial charges | 65/66B | €3,694 | €3,225 | -€469 | -12.7% |
| Recurring financial charges | 65 | €3,694 | €3,225 | -€469 | -12.7% |
| Profit (loss) for the period before taxes | 9903 | €15,177 | -€5,336 | -€20,513 | |
| Income taxes | 67/77 | €5,005 | -€48 | -€5,053 | |
| Profit (loss) for the period | 9904 | €10,172 | -€5,288 | -€15,460 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,172 | -€5,288 | -€15,460 |
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 8 October 2026 via checked.be.