HAYO: 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.
HAYO
Largest movements
- Tangible fixed assets -€14,716
down €14,716 (-2.2%), from €655,443 to €640,727
of which Land and buildings: -€13,510
- Cash -€9,443
down €9,443 (-83.0%), from €11,376 to €1,933
mainly Net result for the year (-€16,537) and Other debts (-€11,997)
- Profit (loss) carried forward -€16,537
down €16,537 (-88.6%), from -€18,656 to -€35,193
- Other debts -€11,997
down €11,997 (-4.1%), from €294,840 to €282,843
- Gross operating margin -€9,403
down €9,403 (-81.4%), from €11,549 to €2,147
- Taxes -€538
down €538 (-33.4%), from €1,611 to €1,074
- Other operating charges +€260
up €260 (+11.5%), from €2,268 to €2,527
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 | €674,430 | €645,571 | -€28,859 | -4.3% |
| Fixed assets | 21/28 | €655,443 | €640,727 | -€14,716 | -2.2% |
| Tangible fixed assets | 22/27 | €655,443 | €640,727 | -€14,716 | -2.2% |
| Land and buildings | 22 | €652,125 | €638,615 | -€13,510 | -2.1% |
| Plant, machinery and equipment | 23 | €2,602 | €1,901 | -€701 | -26.9% |
| Furniture and vehicles | 24 | €716 | €211 | -€505 | -70.6% |
| Current assets | 29/58 | €18,988 | €4,844 | -€14,144 | -74.5% |
| Amounts receivable within one year | 40/41 | €7,611 | €2,220 | -€5,391 | -70.8% |
| Trade receivables | 40 | €4,010 | €2,178 | -€1,832 | -45.7% |
| Other amounts receivable | 41 | €3,601 | €42 | -€3,559 | -98.8% |
| Cash at bank and in hand | 54/58 | €11,376 | €1,933 | -€9,443 | -83.0% |
| Deferred charges and accrued income | 490/1 | - | €691 | +€691 | |
| Total equity and liabilities | 10/49 | €674,430 | €645,571 | -€28,859 | -4.3% |
| Equity | 10/15 | €182,584 | €166,046 | -€16,537 | -9.1% |
| Contributions | 10/11 | €1,239 | €1,239 | = | 0.0% |
| Revaluation surpluses | 12 | €200,000 | €200,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,656 | -€35,193 | -€16,537 | -88.6% |
| Amounts payable | 17/49 | €491,847 | €479,525 | -€12,322 | -2.5% |
| Amounts payable after more than one year | 17 | €196,000 | €196,000 | = | 0.0% |
| Financial debts | 170/4 | €196,000 | €196,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €295,847 | €283,525 | -€12,322 | -4.2% |
| Trade debts | 44 | €303 | €593 | +€290 | +95.7% |
| Suppliers | 440/4 | €303 | €593 | +€290 | +95.7% |
| Taxes, remuneration and social security | 45 | €703 | €88 | -€615 | -87.5% |
| Taxes | 450/3 | €703 | €88 | -€615 | -87.5% |
| Other amounts payable | 47/48 | €294,840 | €282,843 | -€11,997 | -4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,659 | €14,716 | +€57 | +0.4% |
| Other operating charges | 640/8 | €2,268 | €2,527 | +€260 | +11.5% |
| Gross operating margin | 9900 | €11,549 | €2,147 | -€9,403 | -81.4% |
| Operating profit (loss) | 9901 | -€5,377 | -€15,096 | -€9,719 | -180.8% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €368 | €368 | -€0 | -0.1% |
| Recurring financial charges | 65 | €368 | €368 | -€0 | -0.1% |
| Profit (loss) for the period before taxes | 9903 | -€5,745 | -€15,464 | -€9,719 | -169.2% |
| Income taxes | 67/77 | €1,611 | €1,074 | -€538 | -33.4% |
| Profit (loss) for the period | 9904 | -€7,356 | -€16,537 | -€9,181 | -124.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,356 | -€16,537 | -€9,181 | -124.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.