HAYAL: 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.
HAYAL
Largest movements
- Cash -€1,471
down €1,471 (-60.3%), from €2,438 to €967
mainly Trade debts (-€2,026) and Tax, wage and social debts (-€819)
- Stocks and contracts +€250
up €250 (+11.5%), from €2,186 to €2,436
- Trade debts -€2,026
down €2,026 (-80.9%), from €2,505 to €478
- Profit (loss) carried forward +€1,715
up €1,715 (+9.2%), from -€18,612 to -€16,897
- Tax, wage and social debts -€819
down €819 (-29.2%), from €2,801 to €1,983
- Other debts -€90
down €90 (-16.1%), from €560 to €470
- Gross operating margin +€1,170
up €1,170 (+75.2%), from €1,557 to €2,727
- Other operating charges +€434
up €434 (+112.1%), from €387 to €822
- Financial charges +€28
up €28 (+17.4%), from €162 to €190
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 | €4,854 | €3,634 | -€1,220 | -25.1% |
| Fixed assets | 21/28 | €231 | €231 | = | 0.0% |
| Financial fixed assets | 28 | €231 | €231 | = | 0.0% |
| Current assets | 29/58 | €4,624 | €3,403 | -€1,220 | -26.4% |
| Stocks and contracts in progress | 3 | €2,186 | €2,436 | +€250 | +11.5% |
| Stocks | 30/36 | €2,186 | €2,436 | +€250 | +11.5% |
| Cash at bank and in hand | 54/58 | €2,438 | €967 | -€1,471 | -60.3% |
| Total equity and liabilities | 10/49 | €4,854 | €3,634 | -€1,220 | -25.1% |
| Equity | 10/15 | -€1,012 | €703 | +€1,715 | |
| Contributions | 10/11 | €17,600 | €17,600 | = | 0.0% |
| Contributions outside capital | 11 | €17,600 | €17,600 | = | 0.0% |
| Other | 1109/19 | €17,600 | €17,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,612 | -€16,897 | +€1,715 | +9.2% |
| Amounts payable | 17/49 | €5,866 | €2,931 | -€2,935 | -50.0% |
| Amounts payable within one year | 42/48 | €5,866 | €2,931 | -€2,935 | -50.0% |
| Trade debts | 44 | €2,505 | €478 | -€2,026 | -80.9% |
| Suppliers | 440/4 | €2,505 | €478 | -€2,026 | -80.9% |
| Taxes, remuneration and social security | 45 | €2,801 | €1,983 | -€819 | -29.2% |
| Taxes | 450/3 | €2,801 | €1,983 | -€819 | -29.2% |
| Other amounts payable | 47/48 | €560 | €470 | -€90 | -16.1% |
| Other operating charges | 640/8 | €387 | €822 | +€434 | +112.1% |
| Gross operating margin | 9900 | €1,557 | €2,727 | +€1,170 | +75.2% |
| Operating profit (loss) | 9901 | €1,170 | €1,906 | +€736 | +62.9% |
| Financial charges | 65/66B | €162 | €190 | +€28 | +17.4% |
| Recurring financial charges | 65 | €162 | €190 | +€28 | +17.4% |
| Profit (loss) for the period before taxes | 9903 | €1,007 | €1,715 | +€708 | +70.2% |
| Profit (loss) for the period | 9904 | €1,007 | €1,715 | +€708 | +70.2% |
| Profit (loss) for the period to be appropriated | 9905 | €1,007 | €1,715 | +€708 | +70.2% |
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 10 October 2026 via checked.be.