HNGRY: 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.
HNGRY
Largest movements
- Intangible fixed assets -€19,415
down €19,415 (-44.7%), from €43,474 to €24,059
- Tangible fixed assets -€12,884
down €12,884 (-46.7%), from €27,573 to €14,689
- Receivables within one year -€7,232
down €7,232 (-12.6%), from €57,222 to €49,990
of which Trade receivables: -€14,753
- Cash -€7,197
down €7,197 (-53.3%), from €13,504 to €6,307
mainly Net result for the year (-€336,787) and Other debts (-€38,506)
- Deferred charges and accrued income -€2,994
down €2,994 (-20.6%), from €14,547 to €11,553
- Debts after one year +€347,471
up €347,471 (+65.0%), from €534,835 to €882,307
- Profit (loss) carried forward -€336,787
down €336,787 (-49.8%), from -€676,321 to -€1.0m
- Other debts -€38,506
down €38,506 (-68.4%), from €56,281 to €17,776
- Trade debts -€25,578
down €25,578 (-12.5%), from €205,009 to €179,431
- Tax, wage and social debts +€4,635
up €4,635 (+19.0%), from €24,405 to €29,039
of which Remuneration and social security: +€5,035
- Gross operating margin -€55,497
down €55,497 (-838%), from -€6,623 to -€62,120
- Staff costs +€19,585
up €19,585 (+9.0%), from €217,378 to €236,963
- Financial income -€2,875
down €2,875 (-76.6%), from €3,752 to €877
- Financial charges +€981
up €981 (+22.4%), from €4,374 to €5,355
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 | €166,294 | €117,529 | -€48,765 | -29.3% |
| Fixed assets | 21/28 | €73,047 | €40,749 | -€32,299 | -44.2% |
| Intangible fixed assets | 21 | €43,474 | €24,059 | -€19,415 | -44.7% |
| Tangible fixed assets | 22/27 | €27,573 | €14,689 | -€12,884 | -46.7% |
| Plant, machinery and equipment | 23 | €27,573 | €14,689 | -€12,884 | -46.7% |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €93,247 | €76,781 | -€16,466 | -17.7% |
| Stocks and contracts in progress | 3 | €7,975 | €8,932 | +€957 | +12.0% |
| Stocks | 30/36 | €7,975 | €8,932 | +€957 | +12.0% |
| Amounts receivable within one year | 40/41 | €57,222 | €49,990 | -€7,232 | -12.6% |
| Trade receivables | 40 | €42,964 | €28,211 | -€14,753 | -34.3% |
| Other amounts receivable | 41 | €14,258 | €21,779 | +€7,521 | +52.8% |
| Cash at bank and in hand | 54/58 | €13,504 | €6,307 | -€7,197 | -53.3% |
| Deferred charges and accrued income | 490/1 | €14,547 | €11,553 | -€2,994 | -20.6% |
| Total equity and liabilities | 10/49 | €166,294 | €117,529 | -€48,765 | -29.3% |
| Equity | 10/15 | -€654,236 | -€991,023 | -€336,787 | -51.5% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €3,535 | €3,535 | = | 0.0% |
| Distributable reserves | 133 | €3,535 | €3,535 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€676,321 | -€1,013,108 | -€336,787 | -49.8% |
| Amounts payable | 17/49 | €820,530 | €1,108,552 | +€288,022 | +35.1% |
| Amounts payable after more than one year | 17 | €534,835 | €882,307 | +€347,471 | +65.0% |
| Other amounts payable | 178/9 | €534,835 | €882,307 | +€347,471 | +65.0% |
| Amounts payable within one year | 42/48 | €285,695 | €226,246 | -€59,449 | -20.8% |
| Trade debts | 44 | €205,009 | €179,431 | -€25,578 | -12.5% |
| Suppliers | 440/4 | €205,009 | €179,431 | -€25,578 | -12.5% |
| Taxes, remuneration and social security | 45 | €24,405 | €29,039 | +€4,635 | +19.0% |
| Taxes | 450/3 | €401 | €1 | -€401 | -99.9% |
| Remuneration and social security | 454/9 | €24,004 | €29,039 | +€5,035 | +21.0% |
| Other amounts payable | 47/48 | €56,281 | €17,776 | -€38,506 | -68.4% |
| Non-recurring operating income | 76A | - | €64,533 | +€64,533 | |
| Remuneration, social security and pensions | 62 | €217,378 | €236,963 | +€19,585 | +9.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,611 | €32,299 | -€312 | -1.0% |
| Other operating charges | 640/8 | €980 | €928 | -€52 | -5.3% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | -€6,623 | -€62,120 | -€55,497 | -838% |
| Operating profit (loss) | 9901 | -€257,592 | -€332,309 | -€74,717 | -29.0% |
| Financial income | 75/76B | €3,752 | €877 | -€2,875 | -76.6% |
| Recurring financial income | 75 | €3,752 | €877 | -€2,875 | -76.6% |
| Financial charges | 65/66B | €4,374 | €5,355 | +€981 | +22.4% |
| Recurring financial charges | 65 | €4,374 | €5,355 | +€981 | +22.4% |
| Profit (loss) for the period before taxes | 9903 | -€258,214 | -€336,787 | -€78,574 | -30.4% |
| Profit (loss) for the period | 9904 | -€258,214 | -€336,787 | -€78,574 | -30.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€258,214 | -€336,787 | -€78,574 | -30.4% |
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 15 October 2026 via checked.be.