HUYGHE SAM: 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 SAM
Largest movements
- Tangible fixed assets +€19,498
up €19,498 (+22.4%), from €87,198 to €106,696
of which Furniture and vehicles: +€20,703
- Cash +€2,373
up €2,373 (+7.2%), from €32,736 to €35,109
mainly Depreciation (+€30,716) and Current portion of long-term debt (+€12,369)
- Receivables within one year +€1,920
up €1,920 (+12.3%), from €15,645 to €17,565
of which Trade receivables: +€8,151
- Current portion of long-term debt +€12,369
up €12,369 (+108%), from €11,504 to €23,873
- Profit (loss) carried forward +€12,069
up €12,069 (+45.7%), from €26,429 to €38,498
- Tax, wage and social debts -€5,511
down €5,511 (-63.2%), from €8,726 to €3,215
- Debts after one year +€3,275
up €3,275 (+7.8%), from €42,217 to €45,492
- Trade debts +€3,071
up €3,071 (+910%), from €338 to €3,409
- Depreciation +€13,832
up €13,832 (+81.9%), from €16,884 to €30,716
- Taxes -€6,131
down €6,131 (-70.3%), from €8,726 to €2,595
- Gross operating margin -€2,804
down €2,804 (-5.2%), from €53,474 to €50,670
- Financial charges +€2,295
up €2,295 (+253%), from €907 to €3,201
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 | €136,329 | €160,304 | +€23,975 | +17.6% |
| Fixed assets | 21/28 | €87,198 | €106,881 | +€19,683 | +22.6% |
| Tangible fixed assets | 22/27 | €87,198 | €106,696 | +€19,498 | +22.4% |
| Plant, machinery and equipment | 23 | €55,789 | €54,584 | -€1,205 | -2.2% |
| Furniture and vehicles | 24 | €31,409 | €52,112 | +€20,703 | +65.9% |
| Financial fixed assets | 28 | - | €185 | +€185 | |
| Current assets | 29/58 | €49,131 | €53,423 | +€4,292 | +8.7% |
| Amounts receivable within one year | 40/41 | €15,645 | €17,565 | +€1,920 | +12.3% |
| Trade receivables | 40 | €9,414 | €17,565 | +€8,151 | +86.6% |
| Other amounts receivable | 41 | €6,231 | - | -€6,231 | |
| Cash at bank and in hand | 54/58 | €32,736 | €35,109 | +€2,373 | +7.2% |
| Deferred charges and accrued income | 490/1 | €750 | €750 | = | 0.0% |
| Total equity and liabilities | 10/49 | €136,329 | €160,304 | +€23,975 | +17.6% |
| Equity | 10/15 | €29,429 | €41,498 | +€12,069 | +41.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,429 | €38,498 | +€12,069 | +45.7% |
| Amounts payable | 17/49 | €106,900 | €118,806 | +€11,906 | +11.1% |
| Amounts payable after more than one year | 17 | €42,217 | €45,492 | +€3,275 | +7.8% |
| Financial debts | 170/4 | €42,217 | €45,492 | +€3,275 | +7.8% |
| Amounts payable within one year | 42/48 | €64,683 | €73,314 | +€8,632 | +13.3% |
| Current portion of amounts payable after more than one year | 42 | €11,504 | €23,873 | +€12,369 | +108% |
| Trade debts | 44 | €338 | €3,409 | +€3,071 | +910% |
| Suppliers | 440/4 | €338 | €3,409 | +€3,071 | +910% |
| Taxes, remuneration and social security | 45 | €8,726 | €3,215 | -€5,511 | -63.2% |
| Taxes | 450/3 | €8,726 | €3,215 | -€5,511 | -63.2% |
| Other amounts payable | 47/48 | €44,115 | €42,818 | -€1,296 | -2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,884 | €30,716 | +€13,832 | +81.9% |
| Other operating charges | 640/8 | €528 | €584 | +€56 | +10.7% |
| Non-recurring operating charges | 66A | - | €1,505 | +€1,505 | |
| Gross operating margin | 9900 | €53,474 | €50,670 | -€2,804 | -5.2% |
| Operating profit (loss) | 9901 | €36,062 | €17,865 | -€18,196 | -50.5% |
| Financial income | 75/76B | €0 | €0 | -€0 | -54.5% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -54.5% |
| Financial charges | 65/66B | €907 | €3,201 | +€2,295 | +253% |
| Recurring financial charges | 65 | €907 | €3,201 | +€2,295 | +253% |
| Profit (loss) for the period before taxes | 9903 | €35,155 | €14,664 | -€20,491 | -58.3% |
| Income taxes | 67/77 | €8,726 | €2,595 | -€6,131 | -70.3% |
| Profit (loss) for the period | 9904 | €26,429 | €12,069 | -€14,360 | -54.3% |
| Profit (loss) for the period to be appropriated | 9905 | €26,429 | €12,069 | -€14,360 | -54.3% |
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 31 October 2026 via checked.be.