Haylo: 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.
Haylo
Largest movements
- Cash +€32,222
up €32,222 (+2288.9%), from €1,408 to €33,630
mainly Other debts (+€39,337) and Net result for the year (+€37,912)
- Receivables within one year +€15,592
up €15,592 (+70.9%), from €21,980 to €37,572
of which Other amounts receivable: +€12,149
- Tangible fixed assets -€6,944
down €6,944 (-14.9%), from €46,733 to €39,788
of which Leasing and similar rights: -€8,440
- Other debts +€39,337
new in 2025: €39,337
- Short-term financial debts +€5,063
new in 2025: €5,063
- Debts after one year -€3,217
down €3,217 (-12.2%), from €26,281 to €23,064
- Trade debts +€1,588
up €1,588 (+115.1%), from €1,380 to €2,968
- Reserves -€1,425
no longer reported in 2025 (was €1,425)
- Gross operating margin +€20,351
up €20,351 (+43.4%), from €46,846 to €67,197
- Taxes +€11,420
up €11,420 (+318.1%), from €3,589 to €15,009
- Depreciation +€8,070
up €8,070 (+259.8%), from €3,106 to €11,176
- Financial charges +€907
up €907 (+87.3%), from €1,039 to €1,946
- Other operating charges -€864
down €864 (-35.4%), from €2,443 to €1,578
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 | €73,241 | €114,452 | +€41,211 | +56.3% |
| Fixed assets | 21/28 | €46,733 | €39,788 | -€6,944 | -14.9% |
| Tangible fixed assets | 22/27 | €46,733 | €39,788 | -€6,944 | -14.9% |
| Furniture and vehicles | 24 | €4,993 | €6,489 | +€1,496 | +30.0% |
| Leasing and similar rights | 25 | €41,740 | €33,299 | -€8,440 | -20.2% |
| Current assets | 29/58 | €26,509 | €74,664 | +€48,155 | +181.7% |
| Amounts receivable within one year | 40/41 | €21,980 | €37,572 | +€15,592 | +70.9% |
| Trade receivables | 40 | €19,516 | €22,959 | +€3,442 | +17.6% |
| Other amounts receivable | 41 | €2,464 | €14,613 | +€12,149 | +493.1% |
| Cash at bank and in hand | 54/58 | €1,408 | €33,630 | +€32,222 | +2288.9% |
| Deferred charges and accrued income | 490/1 | €3,121 | €3,462 | +€341 | +10.9% |
| Total equity and liabilities | 10/49 | €73,241 | €114,452 | +€41,211 | +56.3% |
| Equity | 10/15 | €32,425 | €31,000 | -€1,425 | -4.4% |
| Contributions | 10/11 | €31,000 | €31,000 | = | 0.0% |
| Reserves | 13 | €1,425 | - | -€1,425 | |
| Distributable reserves | 133 | €1,425 | - | -€1,425 | |
| Amounts payable | 17/49 | €40,817 | €83,452 | +€42,636 | +104.5% |
| Amounts payable after more than one year | 17 | €26,281 | €23,064 | -€3,217 | -12.2% |
| Financial debts | 170/4 | €26,281 | €23,064 | -€3,217 | -12.2% |
| Amounts payable within one year | 42/48 | €14,536 | €60,389 | +€45,853 | +315.5% |
| Current portion of amounts payable after more than one year | 42 | €6,040 | €7,289 | +€1,249 | +20.7% |
| Financial debts | 43 | - | €5,063 | +€5,063 | |
| Credit institutions | 430/8 | - | €5,063 | +€5,063 | |
| Trade debts | 44 | €1,380 | €2,968 | +€1,588 | +115.1% |
| Suppliers | 440/4 | €1,380 | €2,968 | +€1,588 | +115.1% |
| Taxes, remuneration and social security | 45 | €7,116 | €5,731 | -€1,384 | -19.5% |
| Taxes | 450/3 | €5,616 | €5,731 | +€116 | +2.1% |
| Remuneration and social security | 454/9 | €1,500 | - | -€1,500 | |
| Other amounts payable | 47/48 | - | €39,337 | +€39,337 | |
| Non-recurring operating income | 76A | €293 | - | -€293 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,106 | €11,176 | +€8,070 | +259.8% |
| Other operating charges | 640/8 | €2,443 | €1,578 | -€864 | -35.4% |
| Gross operating margin | 9900 | €46,846 | €67,197 | +€20,351 | +43.4% |
| Operating profit (loss) | 9901 | €41,297 | €54,443 | +€13,146 | +31.8% |
| Financial income | 75/76B | €18 | €424 | +€406 | +2242.7% |
| Recurring financial income | 75 | €18 | €424 | +€406 | +2242.7% |
| Financial charges | 65/66B | €1,039 | €1,946 | +€907 | +87.3% |
| Recurring financial charges | 65 | €1,039 | €1,946 | +€907 | +87.3% |
| Profit (loss) for the period before taxes | 9903 | €40,276 | €52,921 | +€12,645 | +31.4% |
| Income taxes | 67/77 | €3,589 | €15,009 | +€11,420 | +318.1% |
| Profit (loss) for the period | 9904 | €36,686 | €37,912 | +€1,226 | +3.3% |
| Profit (loss) for the period to be appropriated | 9905 | €36,686 | €37,912 | +€1,226 | +3.3% |
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 5 October 2026 via checked.be.