HUYBERECHTS: 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.
HUYBERECHTS
Largest movements
- Cash +€21,460
up €21,460 (+27.1%), from €79,259 to €100,719
mainly Investment in fixed assets (net) (+€7,890) and Net result for the year (+€5,030)
- Tangible fixed assets -€8,512
down €8,512 (-84.4%), from €10,084 to €1,572
- Deferred charges and accrued income -€3,951
down €3,951 (-73.2%), from €5,399 to €1,448
- Stocks and contracts -€3,443
no longer reported in 2025 (was €3,443)
- Reserves +€5,030
up €5,030 (+9.8%), from €51,127 to €56,157
- Gross operating margin +€5,131
up €5,131 (+136%), from €3,777 to €8,908
- Taxes +€3,287
up €3,287 (+893%), from €368 to €3,655
- Depreciation -€2,079
down €2,079 (-77.0%), from €2,701 to €622
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 | €109,848 | €114,274 | +€4,426 | +4.0% |
| Fixed assets | 21/28 | €10,084 | €1,572 | -€8,512 | -84.4% |
| Tangible fixed assets | 22/27 | €10,084 | €1,572 | -€8,512 | -84.4% |
| Plant, machinery and equipment | 23 | €10,084 | €1,572 | -€8,512 | -84.4% |
| Current assets | 29/58 | €99,764 | €112,702 | +€12,938 | +13.0% |
| Stocks and contracts in progress | 3 | €3,443 | - | -€3,443 | |
| Stocks | 30/36 | €3,443 | - | -€3,443 | |
| Amounts receivable within one year | 40/41 | €11,663 | €10,535 | -€1,128 | -9.7% |
| Trade receivables | 40 | €1,276 | €3,125 | +€1,849 | +145% |
| Other amounts receivable | 41 | €10,387 | €7,410 | -€2,977 | -28.7% |
| Cash at bank and in hand | 54/58 | €79,259 | €100,719 | +€21,460 | +27.1% |
| Deferred charges and accrued income | 490/1 | €5,399 | €1,448 | -€3,951 | -73.2% |
| Total equity and liabilities | 10/49 | €109,848 | €114,274 | +€4,426 | +4.0% |
| Equity | 10/15 | €89,131 | €94,161 | +€5,030 | +5.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €51,127 | €56,157 | +€5,030 | +9.8% |
| Distributable reserves | 133 | €51,127 | €56,157 | +€5,030 | +9.8% |
| Profit (loss) carried forward | 14 | €19,412 | €19,412 | = | 0.0% |
| Amounts payable | 17/49 | €20,717 | €20,113 | -€604 | -2.9% |
| Amounts payable after more than one year | 17 | €15,865 | €16,056 | +€191 | +1.2% |
| Other amounts payable | 178/9 | €15,865 | €16,056 | +€191 | +1.2% |
| Amounts payable within one year | 42/48 | €4,852 | €4,057 | -€795 | -16.4% |
| Trade debts | 44 | €3,146 | €3,374 | +€228 | +7.2% |
| Suppliers | 440/4 | €3,146 | €3,374 | +€228 | +7.2% |
| Taxes, remuneration and social security | 45 | €1,706 | €683 | -€1,023 | -60.0% |
| Taxes | 450/3 | - | €302 | +€302 | |
| Remuneration and social security | 454/9 | €1,706 | €381 | -€1,325 | -77.7% |
| Non-recurring operating income | 76A | - | €1,110 | +€1,110 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,701 | €622 | -€2,079 | -77.0% |
| Other operating charges | 640/8 | €1,443 | €1,396 | -€47 | -3.3% |
| Gross operating margin | 9900 | €3,777 | €8,908 | +€5,131 | +136% |
| Operating profit (loss) | 9901 | -€367 | €6,890 | +€7,257 | |
| Financial income | 75/76B | €1,912 | €1,914 | +€2 | +0.1% |
| Recurring financial income | 75 | €1,912 | €1,914 | +€2 | +0.1% |
| Financial charges | 65/66B | €134 | €119 | -€15 | -11.2% |
| Recurring financial charges | 65 | €134 | €119 | -€15 | -11.2% |
| Profit (loss) for the period before taxes | 9903 | €1,411 | €8,685 | +€7,274 | +516% |
| Income taxes | 67/77 | €368 | €3,655 | +€3,287 | +893% |
| Profit (loss) for the period | 9904 | €1,043 | €5,030 | +€3,987 | +382% |
| Profit (loss) for the period to be appropriated | 9905 | €1,043 | €5,030 | +€3,987 | +382% |
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.