HUYLEBROECK: 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.
HUYLEBROECK
Largest movements
- Tangible fixed assets +€992,015
up €992,015 (+56.3%), from €1.8m to €2.8m
of which Leasing and similar rights: +€877,167
- Receivables within one year +€381,209
up €381,209 (+106%), from €360,812 to €742,022
of which Other amounts receivable: +€300,675
- Cash +€87,895
up €87,895 (+58.8%), from €149,566 to €237,462
mainly Debts after one year (+€713,623) and Depreciation (+€708,207)
- Debts after one year +€713,623
up €713,623 (+71.4%), from €999,141 to €1.7m
- Contributions +€329,000
up €329,000 (+1,769%), from €18,600 to €347,600
- Current portion of long-term debt +€182,303
up €182,303 (+35.4%), from €515,215 to €697,518
- Other debts +€151,908
up €151,908, from €0 to €151,908
- Tax, wage and social debts -€105,783
down €105,783 (-84.7%), from €124,918 to €19,135
of which Taxes: -€111,593
- Gross operating margin +€336,041
up €336,041 (+44.2%), from €759,544 to €1.1m
- Taxes -€37,171
down €37,171 (-41.0%), from €90,675 to €53,504
- Write-downs +€18,238
up €18,238, from -€9,524 to €8,714
- Staff costs +€11,980
new in 2025: €11,980
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 | €2,308,950 | €3,746,804 | +€1.4m | +62.3% |
| Fixed assets | 21/28 | €1,760,722 | €2,752,737 | +€992,015 | +56.3% |
| Tangible fixed assets | 22/27 | €1,760,722 | €2,752,737 | +€992,015 | +56.3% |
| Plant, machinery and equipment | 23 | €106,336 | €172,851 | +€66,515 | +62.6% |
| Furniture and vehicles | 24 | €46,127 | €47,819 | +€1,692 | +3.7% |
| Leasing and similar rights | 25 | €1,608,260 | €2,485,427 | +€877,167 | +54.5% |
| Other tangible fixed assets | 26 | - | €46,641 | +€46,641 | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €548,227 | €994,067 | +€445,840 | +81.3% |
| Amounts receivable within one year | 40/41 | €360,812 | €742,022 | +€381,209 | +106% |
| Trade receivables | 40 | €359,265 | €439,799 | +€80,534 | +22.4% |
| Other amounts receivable | 41 | €1,547 | €302,223 | +€300,675 | +19,432% |
| Cash at bank and in hand | 54/58 | €149,566 | €237,462 | +€87,895 | +58.8% |
| Deferred charges and accrued income | 490/1 | €37,848 | €14,583 | -€23,265 | -61.5% |
| Total equity and liabilities | 10/49 | €2,308,950 | €3,746,804 | +€1.4m | +62.3% |
| Equity | 10/15 | €622,817 | €1,040,170 | +€417,354 | +67.0% |
| Contributions | 10/11 | €18,600 | €347,600 | +€329,000 | +1,769% |
| Reserves | 13 | €604,217 | €692,570 | +€88,354 | +14.6% |
| Distributable reserves | 133 | €604,217 | €692,570 | +€88,354 | +14.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €1,686,133 | €2,706,633 | +€1.0m | +60.5% |
| Amounts payable after more than one year | 17 | €999,141 | €1,712,765 | +€713,623 | +71.4% |
| Financial debts | 170/4 | €999,141 | €1,712,765 | +€713,623 | +71.4% |
| Amounts payable within one year | 42/48 | €683,791 | €976,438 | +€292,647 | +42.8% |
| Current portion of amounts payable after more than one year | 42 | €515,215 | €697,518 | +€182,303 | +35.4% |
| Trade debts | 44 | €43,659 | €107,877 | +€64,219 | +147% |
| Suppliers | 440/4 | €43,659 | €107,877 | +€64,219 | +147% |
| Taxes, remuneration and social security | 45 | €124,918 | €19,135 | -€105,783 | -84.7% |
| Taxes | 450/3 | €124,918 | €13,325 | -€111,593 | -89.3% |
| Remuneration and social security | 454/9 | - | €5,810 | +€5,810 | |
| Other amounts payable | 47/48 | €0 | €151,908 | +€151,908 | |
| Accrued charges and deferred income | 492/3 | €3,200 | €17,430 | +€14,230 | +445% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | - | €11,980 | +€11,980 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €705,849 | €708,207 | +€2,358 | +0.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€9,524 | €8,714 | +€18,238 | |
| Other operating charges | 640/8 | €4,040 | €5,337 | +€1,296 | +32.1% |
| Gross operating margin | 9900 | €759,544 | €1,095,584 | +€336,041 | +44.2% |
| Operating profit (loss) | 9901 | €59,178 | €361,347 | +€302,169 | +511% |
| Financial income | 75/76B | €3,121 | €909 | -€2,212 | -70.9% |
| Recurring financial income | 75 | €3,121 | €909 | -€2,212 | -70.9% |
| Financial charges | 65/66B | €61,337 | €70,398 | +€9,061 | +14.8% |
| Recurring financial charges | 65 | €61,337 | €70,398 | +€9,061 | +14.8% |
| Profit (loss) for the period before taxes | 9903 | €962 | €291,857 | +€290,896 | +30,243% |
| Income taxes | 67/77 | €90,675 | €53,504 | -€37,171 | -41.0% |
| Profit (loss) for the period | 9904 | -€89,713 | €238,354 | +€328,066 | |
| Profit (loss) for the period to be appropriated | 9905 | -€89,713 | €238,354 | +€328,066 |
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 20 October 2026 via checked.be.