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 -€5,959
down €5,959 (-51.1%), from €11,673 to €5,713
mainly Investment in fixed assets (net) (-€3,692) and Receivables within one year (-€2,181)
- Tangible fixed assets +€2,684
up €2,684 (+10.4%), from €25,911 to €28,594
of which Plant, machinery and equipment: +€1,454
- Receivables within one year +€2,181
up €2,181 (+264%), from €825 to €3,005
of which Trade receivables: +€2,054
- Tax, wage and social debts -€2,078
down €2,078 (-45.2%), from €4,594 to €2,516
- Profit (loss) carried forward +€1,803
up €1,803 (+6.2%), from €29,230 to €31,034
- Other debts -€923
down €923 (-49.5%), from €1,866 to €943
- Gross operating margin -€3,207
down €3,207 (-40.2%), from €7,971 to €4,764
- Depreciation -€688
down €688 (-40.5%), from €1,696 to €1,009
- Taxes -€606
down €606 (-38.8%), from €1,561 to €955
- Other operating charges +€277
up €277 (+224%), from €123 to €400
- Financial charges +€178
up €178 (+42.4%), from €420 to €598
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 | €39,580 | €38,530 | -€1,050 | -2.7% |
| Fixed assets | 21/28 | €25,911 | €28,594 | +€2,684 | +10.4% |
| Tangible fixed assets | 22/27 | €25,911 | €28,594 | +€2,684 | +10.4% |
| Land and buildings | 22 | €24,398 | €24,807 | +€409 | +1.7% |
| Plant, machinery and equipment | 23 | €1,513 | €2,967 | +€1,454 | +96.1% |
| Furniture and vehicles | 24 | - | €820 | +€820 | |
| Current assets | 29/58 | €13,669 | €9,936 | -€3,733 | -27.3% |
| Amounts receivable within one year | 40/41 | €825 | €3,005 | +€2,181 | +264% |
| Trade receivables | 40 | €222 | €2,276 | +€2,054 | +924% |
| Other amounts receivable | 41 | €603 | €729 | +€127 | +21.1% |
| Cash at bank and in hand | 54/58 | €11,673 | €5,713 | -€5,959 | -51.1% |
| Deferred charges and accrued income | 490/1 | €1,171 | €1,217 | +€46 | +3.9% |
| Total equity and liabilities | 10/49 | €39,580 | €38,530 | -€1,050 | -2.7% |
| Equity | 10/15 | €31,230 | €33,034 | +€1,803 | +5.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,230 | €31,034 | +€1,803 | +6.2% |
| Amounts payable | 17/49 | €8,349 | €5,496 | -€2,853 | -34.2% |
| Amounts payable within one year | 42/48 | €8,349 | €5,496 | -€2,853 | -34.2% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €1,889 | €2,038 | +€149 | +7.9% |
| Suppliers | 440/4 | €1,889 | €2,038 | +€149 | +7.9% |
| Taxes, remuneration and social security | 45 | €4,594 | €2,516 | -€2,078 | -45.2% |
| Taxes | 450/3 | €4,594 | €2,516 | -€2,078 | -45.2% |
| Other amounts payable | 47/48 | €1,866 | €943 | -€923 | -49.5% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €46 | €0 | -€46 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,696 | €1,009 | -€688 | -40.5% |
| Other operating charges | 640/8 | €123 | €400 | +€277 | +224% |
| Gross operating margin | 9900 | €7,971 | €4,764 | -€3,207 | -40.2% |
| Operating profit (loss) | 9901 | €6,105 | €3,356 | -€2,749 | -45.0% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €420 | €598 | +€178 | +42.4% |
| Recurring financial charges | 65 | €420 | €598 | +€178 | +42.4% |
| Profit (loss) for the period before taxes | 9903 | €5,685 | €2,758 | -€2,927 | -51.5% |
| Income taxes | 67/77 | €1,561 | €955 | -€606 | -38.8% |
| Profit (loss) for the period | 9904 | €4,124 | €1,803 | -€2,321 | -56.3% |
| Profit (loss) for the period to be appropriated | 9905 | €4,124 | €1,803 | -€2,321 | -56.3% |
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 28 October 2026 via checked.be.