HUYGEN & Co: 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.
HUYGEN & Co
Largest movements
- Cash -€254,304
down €254,304 (-18.2%), from €1.4m to €1.1m
mainly Investment in fixed assets (net) (-€139,721) and Other debts (-€60,654)
- Tangible fixed assets +€103,282
up €103,282 (+14.5%), from €714,528 to €817,811
of which Assets under construction and advance payments: +€121,266
- Other debts -€60,654
down €60,654 (-74.0%), from €82,017 to €21,363
- Profit (loss) carried forward -€44,060
down €44,060 (-3.7%), from €1.2m to €1.2m
- Gross operating margin -€228,902
down €228,902, from €177,340 to -€51,563
- Financial income -€138,901
down €138,901 (-69.0%), from €201,293 to €62,393
- Taxes -€88,661
down €88,661 (-99.7%), from €88,935 to €274
- Financial charges +€18,105
up €18,105, from -€3,647 to €14,457
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 | €3,469,515 | €3,330,576 | -€138,939 | -4.0% |
| Fixed assets | 21/28 | €715,113 | €818,395 | +€103,282 | +14.4% |
| Tangible fixed assets | 22/27 | €714,528 | €817,811 | +€103,282 | +14.5% |
| Land and buildings | 22 | €566,097 | €542,227 | -€23,869 | -4.2% |
| Furniture and vehicles | 24 | €28,708 | €34,594 | +€5,886 | +20.5% |
| Assets under construction and advance payments | 27 | €119,724 | €240,989 | +€121,266 | +101% |
| Financial fixed assets | 28 | €585 | €585 | = | 0.0% |
| Current assets | 29/58 | €2,754,402 | €2,512,181 | -€242,221 | -8.8% |
| Amounts receivable within one year | 40/41 | €514 | €16,417 | +€15,903 | +3,092% |
| Trade receivables | 40 | €514 | €814 | +€300 | +58.4% |
| Other amounts receivable | 41 | €0 | €15,603 | +€15,603 | |
| Current investments | 50/53 | €1,355,025 | €1,352,140 | -€2,885 | -0.2% |
| Cash at bank and in hand | 54/58 | €1,397,638 | €1,143,334 | -€254,304 | -18.2% |
| Deferred charges and accrued income | 490/1 | €1,224 | €290 | -€935 | -76.4% |
| Total equity and liabilities | 10/49 | €3,469,515 | €3,330,576 | -€138,939 | -4.0% |
| Equity | 10/15 | €3,345,250 | €3,301,190 | -€44,060 | -1.3% |
| Contributions | 10/11 | €185,920 | €185,920 | = | 0.0% |
| Reserves | 13 | €1,959,994 | €1,959,994 | = | 0.0% |
| Distributable reserves | 133 | €1,959,994 | €1,959,994 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,199,336 | €1,155,276 | -€44,060 | -3.7% |
| Amounts payable | 17/49 | €124,265 | €29,386 | -€94,879 | -76.4% |
| Amounts payable within one year | 42/48 | €123,297 | €26,090 | -€97,208 | -78.8% |
| Trade debts | 44 | €5,392 | €755 | -€4,637 | -86.0% |
| Suppliers | 440/4 | €5,392 | €755 | -€4,637 | -86.0% |
| Taxes, remuneration and social security | 45 | €35,888 | €3,971 | -€31,917 | -88.9% |
| Taxes | 450/3 | €35,888 | €3,971 | -€31,917 | -88.9% |
| Other amounts payable | 47/48 | €82,017 | €21,363 | -€60,654 | -74.0% |
| Accrued charges and deferred income | 492/3 | €968 | €3,296 | +€2,329 | +241% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,374 | €36,439 | +€65 | +0.2% |
| Other operating charges | 640/8 | €3,753 | €3,720 | -€33 | -0.9% |
| Gross operating margin | 9900 | €177,340 | -€51,563 | -€228,902 | |
| Operating profit (loss) | 9901 | €137,212 | -€91,722 | -€228,934 | |
| Financial income | 75/76B | €201,293 | €62,393 | -€138,901 | -69.0% |
| Recurring financial income | 75 | €201,293 | €62,393 | -€138,901 | -69.0% |
| Financial charges | 65/66B | -€3,647 | €14,457 | +€18,105 | |
| Recurring financial charges | 65 | -€3,647 | €14,457 | +€18,105 | |
| Profit (loss) for the period before taxes | 9903 | €342,153 | -€43,787 | -€385,940 | |
| Income taxes | 67/77 | €88,935 | €274 | -€88,661 | -99.7% |
| Profit (loss) for the period | 9904 | €253,218 | -€44,060 | -€297,279 | |
| Profit (loss) for the period to be appropriated | 9905 | €253,218 | -€44,060 | -€297,279 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.