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
- Cash +€43,449
up €43,449 (+31.1%), from €139,887 to €183,336
mainly Net result for the year (+€45,991) and Depreciation (+€26,686)
- Tangible fixed assets -€24,011
down €24,011 (-34.1%), from €70,313 to €46,302
of which Furniture and vehicles: -€17,080
- Receivables within one year -€8,360
down €8,360 (-2.8%), from €295,431 to €287,071
of which Other amounts receivable: -€4,999
- Reserves +€54,768
up €54,768 (+9.9%), from €553,127 to €607,895
of which Distributable reserves: +€54,768
- Debts after one year -€14,727
down €14,727 (-51.7%), from €28,464 to €13,737
- Tax, wage and social debts -€14,515
down €14,515 (-63.8%), from €22,756 to €8,240
of which Taxes: -€14,515
- Investment grants +€12,395
new in 2025: €12,395
- Provisions -€12,395
no longer reported in 2025 (was €12,395)
- Gross operating margin +€19,021
up €19,021 (+7.8%), from €242,481 to €261,502
- Other operating charges +€17,320
up €17,320 (+101%), from €17,188 to €34,508
- Staff costs +€12,854
up €12,854 (+9.3%), from €137,662 to €150,515
- Taxes -€4,520
down €4,520 (-20.7%), from €21,846 to €17,326
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 | €753,771 | €769,222 | +€15,451 | +2.0% |
| Fixed assets | 21/28 | €70,735 | €46,725 | -€24,011 | -33.9% |
| Tangible fixed assets | 22/27 | €70,313 | €46,302 | -€24,011 | -34.1% |
| Land and buildings | 22 | €2,365 | €2,062 | -€303 | -12.8% |
| Plant, machinery and equipment | 23 | €7,926 | €5,238 | -€2,688 | -33.9% |
| Furniture and vehicles | 24 | €45,241 | €28,161 | -€17,080 | -37.8% |
| Other tangible fixed assets | 26 | €14,781 | €10,841 | -€3,940 | -26.7% |
| Financial fixed assets | 28 | €423 | €423 | = | 0.0% |
| Current assets | 29/58 | €683,035 | €722,497 | +€39,462 | +5.8% |
| Stocks and contracts in progress | 3 | €247,718 | €252,090 | +€4,372 | +1.8% |
| Stocks | 30/36 | €247,718 | €252,090 | +€4,372 | +1.8% |
| Amounts receivable within one year | 40/41 | €295,431 | €287,071 | -€8,360 | -2.8% |
| Trade receivables | 40 | €252,545 | €249,184 | -€3,361 | -1.3% |
| Other amounts receivable | 41 | €42,886 | €37,887 | -€4,999 | -11.7% |
| Cash at bank and in hand | 54/58 | €139,887 | €183,336 | +€43,449 | +31.1% |
| Total equity and liabilities | 10/49 | €753,771 | €769,222 | +€15,451 | +2.0% |
| Equity | 10/15 | €669,869 | €728,255 | +€58,386 | +8.7% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €553,127 | €607,895 | +€54,768 | +9.9% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €546,930 | €601,698 | +€54,768 | +10.0% |
| Profit (loss) carried forward | 14 | €54,768 | €45,991 | -€8,777 | -16.0% |
| Investment grants | 15 | - | €12,395 | +€12,395 | |
| Provisions and deferred taxes | 16 | €12,395 | - | -€12,395 | |
| Provisions for liabilities and charges | 160/5 | €12,395 | - | -€12,395 | |
| Pensions and similar obligations | 160 | €12,395 | - | -€12,395 | |
| Amounts payable | 17/49 | €71,507 | €40,967 | -€30,540 | -42.7% |
| Amounts payable after more than one year | 17 | €28,464 | €13,737 | -€14,727 | -51.7% |
| Financial debts | 170/4 | €28,464 | €13,737 | -€14,727 | -51.7% |
| Amounts payable within one year | 42/48 | €43,043 | €27,231 | -€15,813 | -36.7% |
| Current portion of amounts payable after more than one year | 42 | €16,306 | €14,727 | -€1,578 | -9.7% |
| Trade debts | 44 | €966 | €0 | -€966 | -100% |
| Suppliers | 440/4 | €966 | €0 | -€966 | -100% |
| Taxes, remuneration and social security | 45 | €22,756 | €8,240 | -€14,515 | -63.8% |
| Taxes | 450/3 | €22,256 | €7,740 | -€14,515 | -65.2% |
| Remuneration and social security | 454/9 | €500 | €500 | = | 0.0% |
| Other amounts payable | 47/48 | €3,016 | €4,263 | +€1,247 | +41.3% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €137,662 | €150,515 | +€12,854 | +9.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,082 | €26,686 | +€604 | +2.3% |
| Other operating charges | 640/8 | €17,188 | €34,508 | +€17,320 | +101% |
| Gross operating margin | 9900 | €242,481 | €261,502 | +€19,021 | +7.8% |
| Operating profit (loss) | 9901 | €61,549 | €49,792 | -€11,757 | -19.1% |
| Financial income | 75/76B | €17,621 | €17,686 | +€65 | +0.4% |
| Recurring financial income | 75 | €17,621 | €17,686 | +€65 | +0.4% |
| Financial charges | 65/66B | €2,555 | €4,161 | +€1,606 | +62.8% |
| Recurring financial charges | 65 | €2,555 | €4,161 | +€1,606 | +62.8% |
| Profit (loss) for the period before taxes | 9903 | €76,614 | €63,318 | -€13,297 | -17.4% |
| Income taxes | 67/77 | €21,846 | €17,326 | -€4,520 | -20.7% |
| Profit (loss) for the period | 9904 | €54,768 | €45,991 | -€8,777 | -16.0% |
| Profit (loss) for the period to be appropriated | 9905 | €54,768 | €45,991 | -€8,777 | -16.0% |
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 30 October 2026 via checked.be.