HOOYBERGHS: 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.
HOOYBERGHS
Largest movements
- Receivables within one year -€46,812
down €46,812 (-66.3%), from €70,656 to €23,844
of which Trade receivables: -€38,198
- Tangible fixed assets -€12,505
down €12,505 (-21.9%), from €57,026 to €44,521
- Cash -€6,376
down €6,376 (-12.1%), from €52,507 to €46,131
mainly Contributions, distributions and other (-€30,000) and Trade debts (-€27,108)
- Reserves -€33,392
down €33,392 (-27.3%), from €122,158 to €88,766
of which Non-distributable reserves: -€30,000
- Trade debts -€27,108
down €27,108 (-40.7%), from €66,638 to €39,530
- Tax, wage and social debts -€4,790
down €4,790 (-30.3%), from €15,803 to €11,013
- Gross operating margin -€55,797
down €55,797 (-74.1%), from €75,260 to €19,462
- Taxes -€6,593
down €6,593, from €6,336 to -€257
- Depreciation +€2,499
up €2,499 (+25.0%), from €10,006 to €12,505
- Staff costs +€1,522
up €1,522 (+166%), from €917 to €2,439
- Financial charges -€1,500
down €1,500 (-15.5%), from €9,675 to €8,174
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 | €212,655 | €146,179 | -€66,476 | -31.3% |
| Fixed assets | 21/28 | €57,026 | €44,521 | -€12,505 | -21.9% |
| Tangible fixed assets | 22/27 | €57,026 | €44,521 | -€12,505 | -21.9% |
| Land and buildings | 22 | €25,988 | €20,733 | -€5,255 | -20.2% |
| Plant, machinery and equipment | 23 | €17,977 | €14,107 | -€3,870 | -21.5% |
| Furniture and vehicles | 24 | €13,060 | €9,680 | -€3,380 | -25.9% |
| Current assets | 29/58 | €155,629 | €101,658 | -€53,971 | -34.7% |
| Stocks and contracts in progress | 3 | €32,466 | €31,683 | -€783 | -2.4% |
| Stocks | 30/36 | €32,466 | €31,683 | -€783 | -2.4% |
| Amounts receivable within one year | 40/41 | €70,656 | €23,844 | -€46,812 | -66.3% |
| Trade receivables | 40 | €59,198 | €21,000 | -€38,198 | -64.5% |
| Other amounts receivable | 41 | €11,457 | €2,843 | -€8,614 | -75.2% |
| Cash at bank and in hand | 54/58 | €52,507 | €46,131 | -€6,376 | -12.1% |
| Total equity and liabilities | 10/49 | €212,655 | €146,179 | -€66,476 | -31.3% |
| Equity | 10/15 | €130,214 | €95,636 | -€34,578 | -26.6% |
| Contributions | 10/11 | €8,057 | €8,057 | = | 0.0% |
| Reserves | 13 | €122,158 | €88,766 | -€33,392 | -27.3% |
| Non-distributable reserves | 130/1 | €118,766 | €88,766 | -€30,000 | -25.3% |
| Reserves not available under the articles | 1311 | €118,766 | €88,766 | -€30,000 | -25.3% |
| Distributable reserves | 133 | €3,392 | - | -€3,392 | |
| Profit (loss) carried forward | 14 | - | -€1,187 | -€1,187 | |
| Amounts payable | 17/49 | €82,441 | €50,543 | -€31,898 | -38.7% |
| Amounts payable within one year | 42/48 | €82,441 | €50,543 | -€31,898 | -38.7% |
| Trade debts | 44 | €66,638 | €39,530 | -€27,108 | -40.7% |
| Suppliers | 440/4 | €66,638 | €39,530 | -€27,108 | -40.7% |
| Taxes, remuneration and social security | 45 | €15,803 | €11,013 | -€4,790 | -30.3% |
| Taxes | 450/3 | €15,803 | €11,013 | -€4,790 | -30.3% |
| Other amounts payable | 47/48 | - | €0 | +€0 | |
| Remuneration, social security and pensions | 62 | €917 | €2,439 | +€1,522 | +166% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,006 | €12,505 | +€2,499 | +25.0% |
| Other operating charges | 640/8 | €2,058 | €1,997 | -€61 | -3.0% |
| Gross operating margin | 9900 | €75,260 | €19,462 | -€55,797 | -74.1% |
| Operating profit (loss) | 9901 | €62,278 | €2,522 | -€59,757 | -96.0% |
| Financial income | 75/76B | €305 | €818 | +€513 | +168% |
| Recurring financial income | 75 | €305 | €818 | +€513 | +168% |
| Financial charges | 65/66B | €9,675 | €8,174 | -€1,500 | -15.5% |
| Recurring financial charges | 65 | €9,675 | €8,174 | -€1,500 | -15.5% |
| Profit (loss) for the period before taxes | 9903 | €52,908 | -€4,835 | -€57,743 | |
| Income taxes | 67/77 | €6,336 | -€257 | -€6,593 | |
| Profit (loss) for the period | 9904 | €46,572 | -€4,578 | -€51,150 | |
| Profit (loss) for the period to be appropriated | 9905 | €46,572 | -€4,578 | -€51,150 |
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 20 October 2026 via checked.be.