Haydream: 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.
Haydream
Largest movements
- Intangible fixed assets -€4,175
down €4,175 (-46.4%), from €9,006 to €4,831
- Tangible fixed assets -€1,031
down €1,031 (-49.0%), from €2,105 to €1,074
- Receivables within one year -€974
down €974 (-46.8%), from €2,081 to €1,107
- Deferred charges and accrued income +€663
new in 2025: €663
- Cash -€552
down €552 (-99.9%), from €552 to €0
mainly Net result for the year (-€7,161) and Debts after one year (-€6,200)
- Other debts +€8,559
up €8,559 (+17.5%), from €48,941 to €57,501
- Profit (loss) carried forward -€7,161
down €7,161 (-21.8%), from -€32,899 to -€40,060
- Debts after one year -€6,200
no longer reported in 2025 (was €6,200)
- Current portion of long-term debt -€1,240
down €1,240 (-16.7%), from €7,440 to €6,200
- Depreciation -€972
down €972 (-15.7%), from €6,198 to €5,226
- Gross operating margin +€767
up €767 (+38.6%), from -€1,986 to -€1,219
- Financial charges -€211
down €211 (-49.5%), from €427 to €216
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 | €36,411 | €30,321 | -€6,090 | -16.7% |
| Formation expenses | 20 | €21 | - | -€21 | |
| Fixed assets | 21/28 | €11,111 | €5,906 | -€5,205 | -46.8% |
| Intangible fixed assets | 21 | €9,006 | €4,831 | -€4,175 | -46.4% |
| Tangible fixed assets | 22/27 | €2,105 | €1,074 | -€1,031 | -49.0% |
| Plant, machinery and equipment | 23 | €2,105 | €1,074 | -€1,031 | -49.0% |
| Current assets | 29/58 | €25,279 | €24,416 | -€864 | -3.4% |
| Stocks and contracts in progress | 3 | €22,646 | €22,646 | = | 0.0% |
| Stocks | 30/36 | €22,646 | €22,646 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €2,081 | €1,107 | -€974 | -46.8% |
| Other amounts receivable | 41 | €2,081 | €1,107 | -€974 | -46.8% |
| Cash at bank and in hand | 54/58 | €552 | €0 | -€552 | -99.9% |
| Deferred charges and accrued income | 490/1 | - | €663 | +€663 | |
| Total equity and liabilities | 10/49 | €36,411 | €30,321 | -€6,090 | -16.7% |
| Equity | 10/15 | -€27,899 | -€35,060 | -€7,161 | -25.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€32,899 | -€40,060 | -€7,161 | -21.8% |
| Amounts payable | 17/49 | €64,310 | €65,381 | +€1,072 | +1.7% |
| Amounts payable after more than one year | 17 | €6,200 | - | -€6,200 | |
| Financial debts | 170/4 | €6,200 | - | -€6,200 | |
| Amounts payable within one year | 42/48 | €57,620 | €64,792 | +€7,172 | +12.4% |
| Current portion of amounts payable after more than one year | 42 | €7,440 | €6,200 | -€1,240 | -16.7% |
| Trade debts | 44 | €1,239 | €1,091 | -€148 | -11.9% |
| Suppliers | 440/4 | €1,239 | €1,091 | -€148 | -11.9% |
| Other amounts payable | 47/48 | €48,941 | €57,501 | +€8,559 | +17.5% |
| Accrued charges and deferred income | 492/3 | €489 | €589 | +€100 | +20.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,198 | €5,226 | -€972 | -15.7% |
| Other operating charges | 640/8 | €489 | €500 | +€10 | +2.1% |
| Gross operating margin | 9900 | -€1,986 | -€1,219 | +€767 | +38.6% |
| Operating profit (loss) | 9901 | -€8,674 | -€6,945 | +€1,728 | +19.9% |
| Financial charges | 65/66B | €427 | €216 | -€211 | -49.5% |
| Recurring financial charges | 65 | €427 | €216 | -€211 | -49.5% |
| Profit (loss) for the period before taxes | 9903 | -€9,101 | -€7,161 | +€1,940 | +21.3% |
| Profit (loss) for the period | 9904 | -€9,101 | -€7,161 | +€1,940 | +21.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,101 | -€7,161 | +€1,940 | +21.3% |
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 18 October 2026 via checked.be.