HUYCKE NICOLAS: what changed
HUYCKE NICOLAS
Largest movements
- Cash -€111,200
down €111,200 (-46.0%), from €241,746 to €130,546
mainly Receivables within one year (-€80,327) and Net result for the year (-€32,722)
- Receivables within one year +€80,327
up €80,327 (+201%), from €40,001 to €120,328
of which Trade receivables: +€59,906
- Tangible fixed assets -€19,255
down €19,255 (-11.2%), from €171,400 to €152,144
of which Land and buildings: -€16,087
- Trade debts +€45,554
up €45,554 (+148%), from €30,814 to €76,368
- Profit (loss) carried forward -€34,440
down €34,440 (-24.3%), from €141,897 to €107,457
- Debts after one year -€25,442
down €25,442 (-32.6%), from €78,036 to €52,594
- Current portion of long-term debt -€24,958
down €24,958 (-56.8%), from €43,958 to €19,000
- Tax, wage and social debts -€6,636
down €6,636 (-67.1%), from €9,885 to €3,250
of which Taxes: -€6,654
- Gross operating margin -€248,665
down €248,665, from €244,250 to -€4,415
- Taxes -€59,164
down €59,164 (-99.8%), from €59,296 to €132
- Financial charges +€3,872
up €3,872 (+87.1%), from €4,443 to €8,315
- Other operating charges -€3,429
down €3,429 (-60.3%), from €5,688 to €2,258
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 | €484,361 | €434,233 | -€50,129 | -10.3% |
| Fixed assets | 21/28 | €171,778 | €152,523 | -€19,255 | -11.2% |
| Tangible fixed assets | 22/27 | €171,400 | €152,144 | -€19,255 | -11.2% |
| Land and buildings | 22 | €159,726 | €143,638 | -€16,087 | -10.1% |
| Plant, machinery and equipment | 23 | €781 | €521 | -€260 | -33.3% |
| Furniture and vehicles | 24 | €10,893 | €7,985 | -€2,908 | -26.7% |
| Financial fixed assets | 28 | €378 | €378 | = | 0.0% |
| Current assets | 29/58 | €312,583 | €281,710 | -€30,874 | -9.9% |
| Amounts receivable after more than one year | 29 | €30,836 | €30,836 | = | 0.0% |
| Other amounts receivable | 291 | €30,836 | €30,836 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €40,001 | €120,328 | +€80,327 | +201% |
| Trade receivables | 40 | €31,300 | €91,205 | +€59,906 | +191% |
| Other amounts receivable | 41 | €8,701 | €29,123 | +€20,421 | +235% |
| Cash at bank and in hand | 54/58 | €241,746 | €130,546 | -€111,200 | -46.0% |
| Total equity and liabilities | 10/49 | €484,361 | €434,233 | -€50,129 | -10.3% |
| Equity | 10/15 | €309,657 | €275,217 | -€34,440 | -11.1% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Reserves | 13 | €153,500 | €153,500 | = | 0.0% |
| Distributable reserves | 133 | €153,500 | €153,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €141,897 | €107,457 | -€34,440 | -24.3% |
| Amounts payable | 17/49 | €174,704 | €159,015 | -€15,689 | -9.0% |
| Amounts payable after more than one year | 17 | €78,036 | €52,594 | -€25,442 | -32.6% |
| Financial debts | 170/4 | €78,036 | €52,594 | -€25,442 | -32.6% |
| Amounts payable within one year | 42/48 | €96,669 | €106,421 | +€9,753 | +10.1% |
| Current portion of amounts payable after more than one year | 42 | €43,958 | €19,000 | -€24,958 | -56.8% |
| Trade debts | 44 | €30,814 | €76,368 | +€45,554 | +148% |
| Suppliers | 440/4 | €30,814 | €76,368 | +€45,554 | +148% |
| Taxes, remuneration and social security | 45 | €9,885 | €3,250 | -€6,636 | -67.1% |
| Taxes | 450/3 | €7,102 | €448 | -€6,654 | -93.7% |
| Remuneration and social security | 454/9 | €2,784 | €2,802 | +€18 | +0.6% |
| Other amounts payable | 47/48 | €12,011 | €7,804 | -€4,207 | -35.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,255 | €19,255 | = | 0.0% |
| Other operating charges | 640/8 | €5,688 | €2,258 | -€3,429 | -60.3% |
| Gross operating margin | 9900 | €244,250 | -€4,415 | -€248,665 | |
| Operating profit (loss) | 9901 | €219,307 | -€25,929 | -€245,236 | |
| Financial income | 75/76B | €350 | €1,654 | +€1,304 | +372% |
| Recurring financial income | 75 | €350 | €1,654 | +€1,304 | +372% |
| Financial charges | 65/66B | €4,443 | €8,315 | +€3,872 | +87.1% |
| Recurring financial charges | 65 | €4,443 | €8,315 | +€3,872 | +87.1% |
| Profit (loss) for the period before taxes | 9903 | €215,214 | -€32,590 | -€247,804 | |
| Income taxes | 67/77 | €59,296 | €132 | -€59,164 | -99.8% |
| Profit (loss) for the period | 9904 | €155,918 | -€32,722 | -€188,639 | |
| Profit (loss) for the period to be appropriated | 9905 | €155,918 | -€32,722 | -€188,639 |
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 7 November 2026 via checked.be.