hayo: 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.
hayo
Largest movements
- Tangible fixed assets -€10,036
down €10,036 (-16.7%), from €60,152 to €50,116
of which Furniture and vehicles: -€8,843
- Cash +€1,782
up €1,782 (+69.0%), from €2,583 to €4,365
mainly Net result for the year (+€22,116) and Depreciation (+€22,063)
- Debts after one year -€22,530
down €22,530 (-28.7%), from €78,415 to €55,884
- Reserves +€22,116
up €22,116 (+146%), from €15,106 to €37,222
- Contributions -€10,485
down €10,485 (-56.4%), from €18,600 to €8,115
- Other debts -€3,207
down €3,207 (-100%), from €3,207 to €0
- Accrued charges and deferred income +€2,100
new in 2025: €2,100
- Gross operating margin +€3,023
up €3,023 (+6.0%), from €50,717 to €53,739
- Taxes +€1,031
up €1,031 (+16.1%), from €6,397 to €7,427
- Depreciation +€982
up €982 (+4.7%), from €21,081 to €22,063
- Financial charges -€687
down €687 (-16.4%), from €4,176 to €3,489
- Financial income +€555
up €555 (+30.1%), from €1,845 to €2,400
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 | €143,618 | €134,705 | -€8,913 | -6.2% |
| Fixed assets | 21/28 | €60,152 | €50,116 | -€10,036 | -16.7% |
| Tangible fixed assets | 22/27 | €60,152 | €50,116 | -€10,036 | -16.7% |
| Plant, machinery and equipment | 23 | €709 | €198 | -€511 | -72.0% |
| Furniture and vehicles | 24 | €54,653 | €45,810 | -€8,843 | -16.2% |
| Other tangible fixed assets | 26 | €4,790 | €4,108 | -€682 | -14.2% |
| Current assets | 29/58 | €83,466 | €84,589 | +€1,123 | +1.3% |
| Amounts receivable after more than one year | 29 | €64,000 | €64,000 | = | 0.0% |
| Other amounts receivable | 291 | €64,000 | €64,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €11,475 | €11,163 | -€312 | -2.7% |
| Trade receivables | 40 | €11,475 | €9,954 | -€1,521 | -13.3% |
| Other amounts receivable | 41 | €0 | €1,209 | +€1,209 | |
| Cash at bank and in hand | 54/58 | €2,583 | €4,365 | +€1,782 | +69.0% |
| Deferred charges and accrued income | 490/1 | €5,408 | €5,061 | -€347 | -6.4% |
| Total equity and liabilities | 10/49 | €143,618 | €134,705 | -€8,913 | -6.2% |
| Equity | 10/15 | €33,706 | €45,337 | +€11,632 | +34.5% |
| Contributions | 10/11 | €18,600 | €8,115 | -€10,485 | -56.4% |
| Reserves | 13 | €15,106 | €37,222 | +€22,116 | +146% |
| Distributable reserves | 133 | €15,106 | €37,222 | +€22,116 | +146% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €109,912 | €89,368 | -€20,545 | -18.7% |
| Amounts payable after more than one year | 17 | €78,415 | €55,884 | -€22,530 | -28.7% |
| Financial debts | 170/4 | €78,415 | €55,884 | -€22,530 | -28.7% |
| Amounts payable within one year | 42/48 | €31,498 | €31,383 | -€114 | -0.4% |
| Current portion of amounts payable after more than one year | 42 | €21,917 | €22,530 | +€613 | +2.8% |
| Trade debts | 44 | €1,598 | €2,155 | +€557 | +34.8% |
| Suppliers | 440/4 | €1,598 | €2,155 | +€557 | +34.8% |
| Taxes, remuneration and social security | 45 | €4,775 | €6,698 | +€1,923 | +40.3% |
| Taxes | 450/3 | €4,775 | €6,698 | +€1,923 | +40.3% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €3,207 | €0 | -€3,207 | -100% |
| Accrued charges and deferred income | 492/3 | - | €2,100 | +€2,100 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,081 | €22,063 | +€982 | +4.7% |
| Other operating charges | 640/8 | €1,315 | €1,043 | -€273 | -20.7% |
| Gross operating margin | 9900 | €50,717 | €53,739 | +€3,023 | +6.0% |
| Operating profit (loss) | 9901 | €28,320 | €30,633 | +€2,314 | +8.2% |
| Financial income | 75/76B | €1,845 | €2,400 | +€555 | +30.1% |
| Recurring financial income | 75 | €1,845 | €2,400 | +€555 | +30.1% |
| Financial charges | 65/66B | €4,176 | €3,489 | -€687 | -16.4% |
| Recurring financial charges | 65 | €4,176 | €3,489 | -€687 | -16.4% |
| Profit (loss) for the period before taxes | 9903 | €25,988 | €29,544 | +€3,556 | +13.7% |
| Income taxes | 67/77 | €6,397 | €7,427 | +€1,031 | +16.1% |
| Profit (loss) for the period | 9904 | €19,591 | €22,116 | +€2,525 | +12.9% |
| Profit (loss) for the period to be appropriated | 9905 | €19,591 | €22,116 | +€2,525 | +12.9% |
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 17 October 2026 via checked.be.