HUYGENS: 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.
HUYGENS
Largest movements
- Cash -€16,116
down €16,116 (-73.6%), from €21,898 to €5,782
mainly Receivables within one year (-€13,272) and Net result for the year (-€4,188)
- Receivables within one year +€13,272
up €13,272 (+238%), from €5,578 to €18,850
of which Trade receivables: +€13,272
- Tangible fixed assets -€1,135
down €1,135 (-26.4%), from €4,301 to €3,166
of which Other tangible fixed assets: -€1,135
- Profit (loss) carried forward -€4,188
down €4,188 (-8.3%), from -€50,578 to -€54,766
- Other debts +€500
up €500 (+30.7%), from €1,628 to €2,128
- Other operating charges +€1,589
up €1,589 (+195%), from €813 to €2,402
- Gross operating margin -€1,546
down €1,546, from €1,357 to -€189
- Financial charges +€45
up €45 (+33.1%), from €136 to €181
- Taxes +€15
up €15 (+5.5%), from €266 to €281
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 | €32,209 | €28,365 | -€3,843 | -11.9% |
| Fixed assets | 21/28 | €4,301 | €3,166 | -€1,135 | -26.4% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €4,301 | €3,166 | -€1,135 | -26.4% |
| Furniture and vehicles | 24 | €2,031 | €2,031 | = | 0.0% |
| Other tangible fixed assets | 26 | €2,270 | €1,135 | -€1,135 | -50.0% |
| Current assets | 29/58 | €27,908 | €25,199 | -€2,708 | -9.7% |
| Amounts receivable within one year | 40/41 | €5,578 | €18,850 | +€13,272 | +238% |
| Trade receivables | 40 | €5,578 | €18,850 | +€13,272 | +238% |
| Other amounts receivable | 41 | - | €0 | = | |
| Cash at bank and in hand | 54/58 | €21,898 | €5,782 | -€16,116 | -73.6% |
| Deferred charges and accrued income | 490/1 | €432 | €567 | +€135 | +31.4% |
| Total equity and liabilities | 10/49 | €32,209 | €28,365 | -€3,843 | -11.9% |
| Equity | 10/15 | €17,622 | €13,434 | -€4,188 | -23.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | - | €62,000 | +€62,000 | |
| Issued capital | 100 | - | €62,000 | +€62,000 | |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | - | €6,200 | +€6,200 | |
| Reserves not available under the articles | 1311 | €6,200 | - | -€6,200 | |
| Profit (loss) carried forward | 14 | -€50,578 | -€54,766 | -€4,188 | -8.3% |
| Amounts payable | 17/49 | €14,587 | €14,931 | +€344 | +2.4% |
| Amounts payable within one year | 42/48 | €14,587 | €14,931 | +€344 | +2.4% |
| Trade debts | 44 | €11,531 | €11,259 | -€272 | -2.4% |
| Suppliers | 440/4 | €11,531 | €11,259 | -€272 | -2.4% |
| Taxes, remuneration and social security | 45 | €1,428 | €1,544 | +€116 | +8.2% |
| Taxes | 450/3 | €1,428 | €1,544 | +€116 | +8.2% |
| Other amounts payable | 47/48 | €1,628 | €2,128 | +€500 | +30.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,135 | €1,135 | = | 0.0% |
| Other operating charges | 640/8 | €813 | €2,402 | +€1,589 | +195% |
| Gross operating margin | 9900 | €1,357 | -€189 | -€1,546 | |
| Operating profit (loss) | 9901 | -€591 | -€3,726 | -€3,135 | -530% |
| Financial income | 75/76B | €4 | - | -€4 | |
| Recurring financial income | 75 | €4 | - | -€4 | |
| Financial charges | 65/66B | €136 | €181 | +€45 | +33.1% |
| Recurring financial charges | 65 | €136 | €181 | +€45 | +33.1% |
| Profit (loss) for the period before taxes | 9903 | -€723 | -€3,907 | -€3,184 | -440% |
| Income taxes | 67/77 | €266 | €281 | +€15 | +5.5% |
| Profit (loss) for the period | 9904 | -€989 | -€4,188 | -€3,198 | -323% |
| Profit (loss) for the period to be appropriated | 9905 | -€989 | -€4,188 | -€3,198 | -323% |
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 21 October 2026 via checked.be.