HOOYLAERTS: what changed
HOOYLAERTS
Largest movements
- Stocks and contracts +€18,500
up €18,500 (+285%), from €6,500 to €25,000
- Tangible fixed assets -€8,732
down €8,732 (-21.0%), from €41,621 to €32,890
of which Plant, machinery and equipment: -€6,501
- Receivables within one year +€5,933
up €5,933 (+7.0%), from €85,099 to €91,032
of which Other amounts receivable: +€9,327
- Deferred charges and accrued income -€5,292
down €5,292 (-21.6%), from €24,461 to €19,169
- Cash -€3,706
down €3,706 (-99.9%), from €3,709 to €3
mainly Stocks and contracts (-€18,500) and Investment in fixed assets (net) (-€11,343)
- Short-term financial debts +€19,109
new in 2025: €19,109
- Debts after one year -€10,997
down €10,997 (-78.5%), from €14,007 to €3,010
- Current portion of long-term debt -€3,130
down €3,130 (-22.2%), from €14,127 to €10,997
- Reserves +€2,219
up €2,219 (+2.4%), from €92,174 to €94,393
- Gross operating margin -€5,008
down €5,008 (-11.4%), from €43,785 to €38,777
- Depreciation +€3,160
up €3,160 (+18.9%), from €16,758 to €19,918
- Financial charges +€2,565
up €2,565 (+39.5%), from €6,494 to €9,059
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €174,891 | €181,751 | +€6,860 | +3.9% |
| Fixed assets | 21/28 | €55,121 | €46,547 | -€8,575 | -15.6% |
| Intangible fixed assets | 21 | €13,500 | €10,800 | -€2,700 | -20.0% |
| Tangible fixed assets | 22/27 | €41,621 | €32,890 | -€8,732 | -21.0% |
| Plant, machinery and equipment | 23 | €15,023 | €8,523 | -€6,501 | -43.3% |
| Furniture and vehicles | 24 | €26,598 | €24,367 | -€2,231 | -8.4% |
| Financial fixed assets | 28 | - | €2,857 | +€2,857 | |
| Current assets | 29/58 | €119,770 | €135,204 | +€15,435 | +12.9% |
| Stocks and contracts in progress | 3 | €6,500 | €25,000 | +€18,500 | +285% |
| Stocks | 30/36 | €6,500 | €25,000 | +€18,500 | +285% |
| Amounts receivable within one year | 40/41 | €85,099 | €91,032 | +€5,933 | +7.0% |
| Trade receivables | 40 | €39,912 | €36,517 | -€3,394 | -8.5% |
| Other amounts receivable | 41 | €45,188 | €54,515 | +€9,327 | +20.6% |
| Cash at bank and in hand | 54/58 | €3,709 | €3 | -€3,706 | -99.9% |
| Deferred charges and accrued income | 490/1 | €24,461 | €19,169 | -€5,292 | -21.6% |
| Total equity and liabilities | 10/49 | €174,891 | €181,751 | +€6,860 | +3.9% |
| Equity | 10/15 | €94,174 | €96,393 | +€2,219 | +2.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €92,174 | €94,393 | +€2,219 | +2.4% |
| Distributable reserves | 133 | €92,174 | €94,393 | +€2,219 | +2.4% |
| Amounts payable | 17/49 | €80,717 | €85,358 | +€4,641 | +5.8% |
| Amounts payable after more than one year | 17 | €14,007 | €3,010 | -€10,997 | -78.5% |
| Financial debts | 170/4 | €14,007 | €3,010 | -€10,997 | -78.5% |
| Amounts payable within one year | 42/48 | €66,710 | €82,348 | +€15,638 | +23.4% |
| Current portion of amounts payable after more than one year | 42 | €14,127 | €10,997 | -€3,130 | -22.2% |
| Financial debts | 43 | - | €19,109 | +€19,109 | |
| Credit institutions | 430/8 | - | €19,109 | +€19,109 | |
| Trade debts | 44 | €36,445 | €35,052 | -€1,393 | -3.8% |
| Suppliers | 440/4 | €36,445 | €35,052 | -€1,393 | -3.8% |
| Taxes, remuneration and social security | 45 | €16,138 | €17,190 | +€1,052 | +6.5% |
| Taxes | 450/3 | €16,138 | €17,190 | +€1,052 | +6.5% |
| Non-recurring operating income | 76A | €29,497 | - | -€29,497 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,758 | €19,918 | +€3,160 | +18.9% |
| Other operating charges | 640/8 | €2,283 | €2,417 | +€134 | +5.9% |
| Non-recurring operating charges | 66A | €1,167 | - | -€1,167 | |
| Gross operating margin | 9900 | €43,785 | €38,777 | -€5,008 | -11.4% |
| Operating profit (loss) | 9901 | €23,577 | €16,442 | -€7,135 | -30.3% |
| Financial income | 75/76B | €10 | €24 | +€13 | +132% |
| Recurring financial income | 75 | €10 | €24 | +€13 | +132% |
| Financial charges | 65/66B | €6,494 | €9,059 | +€2,565 | +39.5% |
| Recurring financial charges | 65 | €6,494 | €9,059 | +€2,565 | +39.5% |
| Profit (loss) for the period before taxes | 9903 | €17,093 | €7,407 | -€9,686 | -56.7% |
| Income taxes | 67/77 | €5,554 | €5,188 | -€365 | -6.6% |
| Profit (loss) for the period | 9904 | €11,540 | €2,219 | -€9,321 | -80.8% |
| Profit (loss) for the period to be appropriated | 9905 | €11,540 | €2,219 | -€9,321 | -80.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.