HUYS CONCEPT: 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.
HUYS CONCEPT
Largest movements
- Stocks and contracts +€141,809
up €141,809 (+5.7%), from €2.5m to €2.6m
- Receivables within one year -€134,007
down €134,007 (-25.7%), from €522,398 to €388,391
of which Trade receivables: -€152,562
- Deferred charges and accrued income +€55,974
up €55,974 (+1,850%), from €3,026 to €59,000
- Short-term financial debts +€375,000
up €375,000 (+125%), from €300,000 to €675,000
- Trade debts -€234,415
down €234,415 (-16.9%), from €1.4m to €1.2m
- Other debts -€75,354
down €75,354 (-100%), from €75,354 to €0
- Reserves +€48,806
up €48,806 (+40.9%), from €119,231 to €168,038
of which Distributable reserves: +€48,806
- Gross operating margin -€81,880
down €81,880 (-16.6%), from €494,618 to €412,738
- Financial charges -€60,115
down €60,115 (-43.3%), from €138,693 to €78,579
- Staff costs -€24,228
down €24,228 (-8.0%), from €301,059 to €276,831
- Write-downs -€19,640
down €19,640 (-62.5%), from €31,434 to €11,793
- Financial income +€15,186
up €15,186 (+71.6%), from €21,199 to €36,386
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 | €3,100,461 | €3,205,044 | +€104,583 | +3.4% |
| Fixed assets | 21/28 | €20,555 | €36,727 | +€16,173 | +78.7% |
| Tangible fixed assets | 22/27 | €20,405 | €36,577 | +€16,173 | +79.3% |
| Plant, machinery and equipment | 23 | €20,405 | €36,577 | +€16,173 | +79.3% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €3,079,906 | €3,168,316 | +€88,410 | +2.9% |
| Stocks and contracts in progress | 3 | €2,499,800 | €2,641,609 | +€141,809 | +5.7% |
| Stocks | 30/36 | €2,499,800 | €2,641,609 | +€141,809 | +5.7% |
| Amounts receivable within one year | 40/41 | €522,398 | €388,391 | -€134,007 | -25.7% |
| Trade receivables | 40 | €522,398 | €369,836 | -€152,562 | -29.2% |
| Other amounts receivable | 41 | €0 | €18,555 | +€18,555 | |
| Cash at bank and in hand | 54/58 | €54,683 | €79,317 | +€24,634 | +45.0% |
| Deferred charges and accrued income | 490/1 | €3,026 | €59,000 | +€55,974 | +1,850% |
| Total equity and liabilities | 10/49 | €3,100,461 | €3,205,044 | +€104,583 | +3.4% |
| Equity | 10/15 | €281,231 | €330,038 | +€48,806 | +17.4% |
| Contributions | 10/11 | €162,000 | €162,000 | = | 0.0% |
| Capital | 10 | €162,000 | €162,000 | = | 0.0% |
| Issued capital | 100 | €162,000 | €162,000 | = | 0.0% |
| Reserves | 13 | €119,231 | €168,038 | +€48,806 | +40.9% |
| Non-distributable reserves | 130/1 | €17,687 | €17,687 | = | 0.0% |
| Legal reserve | 130 | €16,200 | €16,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,487 | €1,487 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,000 | €18,000 | = | 0.0% |
| Distributable reserves | 133 | €83,544 | €132,350 | +€48,806 | +58.4% |
| Amounts payable | 17/49 | €2,819,230 | €2,875,006 | +€55,776 | +2.0% |
| Amounts payable after more than one year | 17 | €992,000 | €992,000 | = | 0.0% |
| Financial debts | 170/4 | €992,000 | €992,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,826,724 | €1,882,805 | +€56,082 | +3.1% |
| Financial debts | 43 | €300,000 | €675,000 | +€375,000 | +125% |
| Credit institutions | 430/8 | €300,000 | €675,000 | +€375,000 | +125% |
| Trade debts | 44 | €1,388,696 | €1,154,281 | -€234,415 | -16.9% |
| Suppliers | 440/4 | €1,388,696 | €1,154,281 | -€234,415 | -16.9% |
| Advances received on contracts in progress | 46 | - | €1,300 | +€1,300 | |
| Taxes, remuneration and social security | 45 | €62,674 | €52,224 | -€10,449 | -16.7% |
| Taxes | 450/3 | €32,022 | €27,135 | -€4,887 | -15.3% |
| Remuneration and social security | 454/9 | €30,652 | €25,090 | -€5,562 | -18.1% |
| Other amounts payable | 47/48 | €75,354 | €0 | -€75,354 | -100% |
| Accrued charges and deferred income | 492/3 | €506 | €201 | -€305 | -60.4% |
| Remuneration, social security and pensions | 62 | €301,059 | €276,831 | -€24,228 | -8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,696 | €9,323 | +€2,627 | +39.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €31,434 | €11,793 | -€19,640 | -62.5% |
| Other operating charges | 640/8 | €5,138 | €5,572 | +€434 | +8.4% |
| Gross operating margin | 9900 | €494,618 | €412,738 | -€81,880 | -16.6% |
| Operating profit (loss) | 9901 | €150,291 | €109,219 | -€41,072 | -27.3% |
| Financial income | 75/76B | €21,199 | €36,386 | +€15,186 | +71.6% |
| Recurring financial income | 75 | €21,199 | €36,386 | +€15,186 | +71.6% |
| Financial charges | 65/66B | €138,693 | €78,579 | -€60,115 | -43.3% |
| Recurring financial charges | 65 | €138,693 | €78,579 | -€60,115 | -43.3% |
| Profit (loss) for the period before taxes | 9903 | €32,797 | €67,026 | +€34,229 | +104% |
| Income taxes | 67/77 | €7,881 | €18,219 | +€10,338 | +131% |
| Profit (loss) for the period | 9904 | €24,916 | €48,806 | +€23,891 | +95.9% |
| Profit (loss) for the period to be appropriated | 9905 | €24,916 | €48,806 | +€23,891 | +95.9% |
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 22 October 2026 via checked.be.