HAYEN: 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.
HAYEN
Largest movements
- Cash +€33,394
up €33,394 (+2,666%), from €1,253 to €34,646
mainly Net result for the year (+€30,511) and Receivables within one year (+€9,723)
- Receivables within one year -€9,723
down €9,723 (-67.2%), from €14,462 to €4,738
of which Trade receivables: -€14,457
- Tangible fixed assets +€1,600
up €1,600 (+73.1%), from €2,188 to €3,787
of which Plant, machinery and equipment: +€970
- Profit (loss) carried forward +€17,637
up €17,637, from -€17,637 to €0
- Reserves +€12,874
up €12,874 (+1,051%), from €1,225 to €14,099
of which Distributable reserves: +€12,874
- Trade debts -€3,086
down €3,086 (-68.3%), from €4,520 to €1,434
- Other debts -€2,772
down €2,772 (-100%), from €2,772 to €0
- Tax, wage and social debts +€616
up €616 (+6.3%), from €9,823 to €10,439
- Gross operating margin +€32,815
up €32,815 (+232%), from €14,173 to €46,988
- Taxes +€9,539
up €9,539 (+227%), from €4,205 to €13,744
- Staff costs -€1,120
no longer reported in 2025 (was €1,120)
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 | €17,902 | €43,172 | +€25,270 | +141% |
| Fixed assets | 21/28 | €2,188 | €3,787 | +€1,600 | +73.1% |
| Tangible fixed assets | 22/27 | €2,188 | €3,787 | +€1,600 | +73.1% |
| Plant, machinery and equipment | 23 | €940 | €1,910 | +€970 | +103% |
| Furniture and vehicles | 24 | €1,248 | €1,877 | +€629 | +50.4% |
| Current assets | 29/58 | €15,714 | €39,385 | +€23,670 | +151% |
| Amounts receivable within one year | 40/41 | €14,462 | €4,738 | -€9,723 | -67.2% |
| Trade receivables | 40 | €14,457 | €0 | -€14,457 | -100% |
| Other amounts receivable | 41 | €5 | €4,738 | +€4,734 | +100,718% |
| Cash at bank and in hand | 54/58 | €1,253 | €34,646 | +€33,394 | +2,666% |
| Total equity and liabilities | 10/49 | €17,902 | €43,172 | +€25,270 | +141% |
| Equity | 10/15 | €787 | €31,299 | +€30,511 | +3,875% |
| Contributions | 10/11 | €17,200 | €17,200 | = | 0.0% |
| Reserves | 13 | €1,225 | €14,099 | +€12,874 | +1,051% |
| Non-distributable reserves | 130/1 | €1,225 | €1,225 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,225 | €1,225 | = | 0.0% |
| Distributable reserves | 133 | - | €12,874 | +€12,874 | |
| Profit (loss) carried forward | 14 | -€17,637 | €0 | +€17,637 | |
| Amounts payable | 17/49 | €17,115 | €11,873 | -€5,242 | -30.6% |
| Amounts payable within one year | 42/48 | €17,115 | €11,873 | -€5,242 | -30.6% |
| Trade debts | 44 | €4,520 | €1,434 | -€3,086 | -68.3% |
| Suppliers | 440/4 | €4,520 | €1,434 | -€3,086 | -68.3% |
| Taxes, remuneration and social security | 45 | €9,823 | €10,439 | +€616 | +6.3% |
| Taxes | 450/3 | €9,823 | €10,439 | +€616 | +6.3% |
| Other amounts payable | 47/48 | €2,772 | €0 | -€2,772 | -100% |
| Remuneration, social security and pensions | 62 | €1,120 | - | -€1,120 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €590 | €1,052 | +€462 | +78.4% |
| Other operating charges | 640/8 | €1,230 | €1,279 | +€49 | +4.0% |
| Gross operating margin | 9900 | €14,173 | €46,988 | +€32,815 | +232% |
| Operating profit (loss) | 9901 | €11,233 | €44,657 | +€33,424 | +298% |
| Financial income | 75/76B | €7 | €7 | -€0 | -3.5% |
| Recurring financial income | 75 | €7 | €7 | -€0 | -3.5% |
| Financial charges | 65/66B | €416 | €409 | -€8 | -1.8% |
| Recurring financial charges | 65 | €416 | €409 | -€8 | -1.8% |
| Profit (loss) for the period before taxes | 9903 | €10,824 | €44,256 | +€33,431 | +309% |
| Income taxes | 67/77 | €4,205 | €13,744 | +€9,539 | +227% |
| Profit (loss) for the period | 9904 | €6,619 | €30,511 | +€23,892 | +361% |
| Profit (loss) for the period to be appropriated | 9905 | €6,619 | €30,511 | +€23,892 | +361% |
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 14 October 2026 via checked.be.