HUYGHE ENGINEERING: 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.
HUYGHE ENGINEERING
Largest movements
- Cash -€60,058
down €60,058 (-55.7%), from €107,760 to €47,703
mainly Contributions, distributions and other (-€100,000) and Tax, wage and social debts (-€18,773)
- Tangible fixed assets -€8,794
down €8,794 (-36.5%), from €24,113 to €15,320
- Receivables within one year +€2,971
up €2,971 (+8.3%), from €35,924 to €38,894
of which Trade receivables: +€2,971
- Profit (loss) carried forward -€41,643
down €41,643 (-35.8%), from €116,431 to €74,788
- Tax, wage and social debts -€18,773
down €18,773 (-66.1%), from €28,411 to €9,638
of which Taxes: -€18,778
- Debts after one year -€7,090
down €7,090 (-59.8%), from €11,855 to €4,765
- Gross operating margin -€18,516
down €18,516 (-17.8%), from €103,801 to €85,285
- Taxes -€3,420
down €3,420 (-17.7%), from €19,356 to €15,936
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 | €168,977 | €102,893 | -€66,084 | -39.1% |
| Fixed assets | 21/28 | €24,113 | €15,320 | -€8,794 | -36.5% |
| Tangible fixed assets | 22/27 | €24,113 | €15,320 | -€8,794 | -36.5% |
| Furniture and vehicles | 24 | €24,113 | €15,320 | -€8,794 | -36.5% |
| Current assets | 29/58 | €144,863 | €87,573 | -€57,290 | -39.5% |
| Amounts receivable within one year | 40/41 | €35,924 | €38,894 | +€2,971 | +8.3% |
| Trade receivables | 40 | €15,412 | €18,383 | +€2,971 | +19.3% |
| Other amounts receivable | 41 | €20,512 | €20,512 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €107,760 | €47,703 | -€60,058 | -55.7% |
| Deferred charges and accrued income | 490/1 | €1,179 | €976 | -€203 | -17.2% |
| Total equity and liabilities | 10/49 | €168,977 | €102,893 | -€66,084 | -39.1% |
| Equity | 10/15 | €118,931 | €77,288 | -€41,643 | -35.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €116,431 | €74,788 | -€41,643 | -35.8% |
| Amounts payable | 17/49 | €50,045 | €25,605 | -€24,440 | -48.8% |
| Amounts payable after more than one year | 17 | €11,855 | €4,765 | -€7,090 | -59.8% |
| Financial debts | 170/4 | €11,855 | €4,765 | -€7,090 | -59.8% |
| Amounts payable within one year | 42/48 | €38,190 | €19,513 | -€18,677 | -48.9% |
| Current portion of amounts payable after more than one year | 42 | €7,022 | €7,090 | +€68 | +1.0% |
| Trade debts | 44 | €2,034 | €2,062 | +€28 | +1.4% |
| Suppliers | 440/4 | €2,034 | €2,062 | +€28 | +1.4% |
| Taxes, remuneration and social security | 45 | €28,411 | €9,638 | -€18,773 | -66.1% |
| Taxes | 450/3 | €26,439 | €7,661 | -€18,778 | -71.0% |
| Remuneration and social security | 454/9 | €1,972 | €1,977 | +€6 | +0.3% |
| Other amounts payable | 47/48 | €723 | €723 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €1,327 | +€1,327 | |
| Remuneration, social security and pensions | 62 | €2,170 | €2,170 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,744 | €8,794 | +€50 | +0.6% |
| Other operating charges | 640/8 | €457 | €322 | -€135 | -29.5% |
| Gross operating margin | 9900 | €103,801 | €85,285 | -€18,516 | -17.8% |
| Operating profit (loss) | 9901 | €92,431 | €74,000 | -€18,431 | -19.9% |
| Financial income | 75/76B | €516 | €516 | +€0 | +0.1% |
| Recurring financial income | 75 | €516 | €516 | +€0 | +0.1% |
| Financial charges | 65/66B | €303 | €223 | -€80 | -26.4% |
| Recurring financial charges | 65 | €303 | €223 | -€80 | -26.4% |
| Profit (loss) for the period before taxes | 9903 | €92,644 | €74,293 | -€18,351 | -19.8% |
| Income taxes | 67/77 | €19,356 | €15,936 | -€3,420 | -17.7% |
| Profit (loss) for the period | 9904 | €73,288 | €58,357 | -€14,931 | -20.4% |
| Profit (loss) for the period to be appropriated | 9905 | €73,288 | €58,357 | -€14,931 | -20.4% |
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.