Hiyo and Co: 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.
Hiyo and Co
Largest movements
- Receivables within one year +€43,048
up €43,048 (+173%), from €24,868 to €67,916
- Tangible fixed assets +€20,464
up €20,464 (+133%), from €15,377 to €35,841
of which Furniture and vehicles: +€21,167
- Cash +€13,999
up €13,999 (+38.7%), from €36,169 to €50,169
mainly Net result for the year (+€42,994) and Trade debts (+€27,632)
- Profit (loss) carried forward +€42,994
up €42,994 (+82.4%), from €52,186 to €95,180
- Trade debts +€27,632
up €27,632 (+9,834%), from €281 to €27,913
- Tax, wage and social debts +€8,464
up €8,464 (+45.2%), from €18,716 to €27,180
of which Taxes: +€8,864
- Other debts -€1,693
down €1,693 (-56.9%), from €2,975 to €1,282
- Gross operating margin +€17,182
up €17,182 (+38.9%), from €44,212 to €61,395
- Taxes +€2,848
up €2,848 (+34.8%), from €8,195 to €11,044
- Depreciation +€1,806
up €1,806 (+34.5%), from €5,230 to €7,036
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 | €76,658 | €154,055 | +€77,397 | +101% |
| Fixed assets | 21/28 | €15,377 | €35,841 | +€20,464 | +133% |
| Tangible fixed assets | 22/27 | €15,377 | €35,841 | +€20,464 | +133% |
| Plant, machinery and equipment | 23 | €1,404 | €702 | -€702 | -50.0% |
| Furniture and vehicles | 24 | €13,972 | €35,139 | +€21,167 | +151% |
| Current assets | 29/58 | €61,282 | €118,214 | +€56,933 | +92.9% |
| Amounts receivable within one year | 40/41 | €24,868 | €67,916 | +€43,048 | +173% |
| Trade receivables | 40 | €24,868 | €67,916 | +€43,048 | +173% |
| Cash at bank and in hand | 54/58 | €36,169 | €50,169 | +€13,999 | +38.7% |
| Deferred charges and accrued income | 490/1 | €244 | €130 | -€114 | -46.9% |
| Total equity and liabilities | 10/49 | €76,658 | €154,055 | +€77,397 | +101% |
| Equity | 10/15 | €54,686 | €97,680 | +€42,994 | +78.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,186 | €95,180 | +€42,994 | +82.4% |
| Amounts payable | 17/49 | €21,972 | €56,375 | +€34,403 | +157% |
| Amounts payable within one year | 42/48 | €21,972 | €56,375 | +€34,403 | +157% |
| Trade debts | 44 | €281 | €27,913 | +€27,632 | +9,834% |
| Suppliers | 440/4 | €281 | €27,913 | +€27,632 | +9,834% |
| Taxes, remuneration and social security | 45 | €18,716 | €27,180 | +€8,464 | +45.2% |
| Taxes | 450/3 | €18,316 | €27,180 | +€8,864 | +48.4% |
| Remuneration and social security | 454/9 | €400 | - | -€400 | |
| Other amounts payable | 47/48 | €2,975 | €1,282 | -€1,693 | -56.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,230 | €7,036 | +€1,806 | +34.5% |
| Other operating charges | 640/8 | €135 | €66 | -€70 | -51.5% |
| Gross operating margin | 9900 | €44,212 | €61,395 | +€17,182 | +38.9% |
| Operating profit (loss) | 9901 | €38,847 | €54,293 | +€15,446 | +39.8% |
| Financial income | 75/76B | €3 | €8 | +€5 | +212% |
| Recurring financial income | 75 | €3 | €8 | +€5 | +212% |
| Financial charges | 65/66B | €114 | €264 | +€150 | +132% |
| Recurring financial charges | 65 | €114 | €264 | +€150 | +132% |
| Profit (loss) for the period before taxes | 9903 | €38,736 | €54,038 | +€15,301 | +39.5% |
| Income taxes | 67/77 | €8,195 | €11,044 | +€2,848 | +34.8% |
| Profit (loss) for the period | 9904 | €30,541 | €42,994 | +€12,453 | +40.8% |
| Profit (loss) for the period to be appropriated | 9905 | €30,541 | €42,994 | +€12,453 | +40.8% |
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 28 October 2026 via checked.be.