HNY DESIGN: 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.
HNY DESIGN
Largest movements
- Stocks and contracts +€27,616
up €27,616 (+221%), from €12,521 to €40,137
- Tangible fixed assets -€20,386
down €20,386 (-90.7%), from €22,487 to €2,102
of which Furniture and vehicles: -€21,811
- Cash -€12,928
down €12,928 (-62.2%), from €20,799 to €7,870
mainly Stocks and contracts (-€27,616) and Receivables within one year (-€10,162)
- Receivables within one year +€10,162
up €10,162 (+252%), from €4,032 to €14,194
of which Trade receivables: +€10,222
- Intangible fixed assets +€6,023
new in 2026: €6,023
- Other debts +€15,187
up €15,187 (+380%), from €4,000 to €19,187
- Short-term financial debts +€10,000
new in 2026: €10,000
- Trade debts -€6,720
down €6,720 (-30.9%), from €21,740 to €15,020
- Tax, wage and social debts -€4,932
down €4,932 (-54.8%), from €8,995 to €4,063
of which Remuneration and social security: -€6,000
- Debts after one year -€4,423
down €4,423 (-26.9%), from €16,421 to €11,999
- Gross operating margin -€4,184
down €4,184 (-37.2%), from €11,243 to €7,060
- Financial charges +€1,235
up €1,235 (+69.7%), from €1,771 to €3,006
of which Non-recurring financial charges: +€900
- Taxes -€894
down €894 (-42.6%), from €2,098 to €1,203
- Other operating charges -€365
down €365 (-83.3%), from €438 to €73
- Financial income +€131
up €131 (+437,900%), from €0 to €131
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €60,739 | €70,325 | +€9,586 | +15.8% |
| Fixed assets | 21/28 | €22,487 | €8,125 | -€14,363 | -63.9% |
| Intangible fixed assets | 21 | - | €6,023 | +€6,023 | |
| Tangible fixed assets | 22/27 | €22,487 | €2,102 | -€20,386 | -90.7% |
| Plant, machinery and equipment | 23 | - | €1,425 | +€1,425 | |
| Furniture and vehicles | 24 | €22,487 | €677 | -€21,811 | -97.0% |
| Current assets | 29/58 | €38,252 | €62,201 | +€23,949 | +62.6% |
| Stocks and contracts in progress | 3 | €12,521 | €40,137 | +€27,616 | +221% |
| Stocks | 30/36 | €12,521 | €40,137 | +€27,616 | +221% |
| Amounts receivable within one year | 40/41 | €4,032 | €14,194 | +€10,162 | +252% |
| Trade receivables | 40 | €3,972 | €14,193 | +€10,222 | +257% |
| Other amounts receivable | 41 | €60 | €1 | -€59 | -99.1% |
| Cash at bank and in hand | 54/58 | €20,799 | €7,870 | -€12,928 | -62.2% |
| Deferred charges and accrued income | 490/1 | €901 | - | -€901 | |
| Total equity and liabilities | 10/49 | €60,739 | €70,325 | +€9,586 | +15.8% |
| Equity | 10/15 | €5,361 | €5,634 | +€273 | +5.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €4,361 | €4,634 | +€273 | +6.3% |
| Distributable reserves | 133 | €4,361 | €4,634 | +€273 | +6.3% |
| Amounts payable | 17/49 | €55,378 | €64,691 | +€9,313 | +16.8% |
| Amounts payable after more than one year | 17 | €16,421 | €11,999 | -€4,423 | -26.9% |
| Financial debts | 170/4 | €16,421 | €11,999 | -€4,423 | -26.9% |
| Amounts payable within one year | 42/48 | €38,957 | €52,693 | +€13,736 | +35.3% |
| Current portion of amounts payable after more than one year | 42 | €4,222 | €4,423 | +€201 | +4.8% |
| Financial debts | 43 | - | €10,000 | +€10,000 | |
| Credit institutions | 430/8 | - | €10,000 | +€10,000 | |
| Trade debts | 44 | €21,740 | €15,020 | -€6,720 | -30.9% |
| Suppliers | 440/4 | €21,740 | €15,020 | -€6,720 | -30.9% |
| Taxes, remuneration and social security | 45 | €8,995 | €4,063 | -€4,932 | -54.8% |
| Taxes | 450/3 | €2,995 | €4,063 | +€1,068 | +35.7% |
| Remuneration and social security | 454/9 | €6,000 | - | -€6,000 | |
| Other amounts payable | 47/48 | €4,000 | €19,187 | +€15,187 | +380% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,576 | €2,635 | +€59 | +2.3% |
| Other operating charges | 640/8 | €438 | €73 | -€365 | -83.3% |
| Gross operating margin | 9900 | €11,243 | €7,060 | -€4,184 | -37.2% |
| Operating profit (loss) | 9901 | €8,229 | €4,351 | -€3,878 | -47.1% |
| Financial income | 75/76B | €0 | €131 | +€131 | +437,900% |
| Recurring financial income | 75 | €0 | €131 | +€131 | +437,900% |
| Financial charges | 65/66B | €1,771 | €3,006 | +€1,235 | +69.7% |
| Recurring financial charges | 65 | €1,771 | €2,106 | +€335 | +18.9% |
| Non-recurring financial charges | 66B | - | €900 | +€900 | |
| Profit (loss) for the period before taxes | 9903 | €6,459 | €1,476 | -€4,982 | -77.1% |
| Income taxes | 67/77 | €2,098 | €1,203 | -€894 | -42.6% |
| Profit (loss) for the period | 9904 | €4,361 | €273 | -€4,088 | -93.7% |
| Profit (loss) for the period to be appropriated | 9905 | €4,361 | €273 | -€4,088 | -93.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.