HUYSHOEVE: 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.
HUYSHOEVE
Largest movements
- Tangible fixed assets -€90,193
down €90,193 (-10.5%), from €860,581 to €770,388
of which Land and buildings: -€107,154
- Cash +€15,271
up €15,271 (+43.2%), from €35,322 to €50,593
mainly Debts after one year (+€143,104) and Depreciation (+€136,606)
- Other debts -€221,897
down €221,897 (-57.2%), from €388,089 to €166,192
- Debts after one year +€143,104
up €143,104 (+38.7%), from €370,055 to €513,159
- Trade debts +€38,482
up €38,482 (+756%), from €5,093 to €43,575
- Current portion of long-term debt -€34,633
down €34,633 (-27.2%), from €127,506 to €92,873
- Gross operating margin -€47,982
down €47,982 (-16.6%), from €288,245 to €240,263
- Staff costs -€18,561
down €18,561 (-61.2%), from €30,323 to €11,762
- Financial charges -€6,608
down €6,608 (-21.8%), from €30,376 to €23,768
- Other operating charges +€5,020
up €5,020 (+46.7%), from €10,747 to €15,767
- Depreciation +€4,145
up €4,145 (+3.1%), from €132,461 to €136,606
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 | €924,067 | €860,065 | -€64,002 | -6.9% |
| Fixed assets | 21/28 | €860,581 | €770,388 | -€90,193 | -10.5% |
| Tangible fixed assets | 22/27 | €860,581 | €770,388 | -€90,193 | -10.5% |
| Land and buildings | 22 | €778,584 | €671,430 | -€107,154 | -13.8% |
| Plant, machinery and equipment | 23 | €24,911 | €51,826 | +€26,915 | +108% |
| Furniture and vehicles | 24 | €57,086 | €47,132 | -€9,954 | -17.4% |
| Current assets | 29/58 | €63,486 | €89,677 | +€26,191 | +41.3% |
| Stocks and contracts in progress | 3 | €2,608 | €1,091 | -€1,516 | -58.1% |
| Stocks | 30/36 | €2,608 | €1,091 | -€1,516 | -58.1% |
| Amounts receivable within one year | 40/41 | €21,901 | €28,669 | +€6,768 | +30.9% |
| Trade receivables | 40 | €19,976 | €19,278 | -€698 | -3.5% |
| Other amounts receivable | 41 | €1,925 | €9,391 | +€7,467 | +388% |
| Cash at bank and in hand | 54/58 | €35,322 | €50,593 | +€15,271 | +43.2% |
| Deferred charges and accrued income | 490/1 | €3,655 | €9,323 | +€5,668 | +155% |
| Total equity and liabilities | 10/49 | €924,067 | €860,065 | -€64,002 | -6.9% |
| Equity | 10/15 | €27,698 | €33,207 | +€5,509 | +19.9% |
| Contributions | 10/11 | €21,000 | €21,000 | = | 0.0% |
| Reserves | 13 | €1,756 | €10,256 | +€8,500 | +484% |
| Distributable reserves | 133 | €1,756 | €10,256 | +€8,500 | +484% |
| Profit (loss) carried forward | 14 | €4,943 | €1,952 | -€2,991 | -60.5% |
| Amounts payable | 17/49 | €896,369 | €826,858 | -€69,511 | -7.8% |
| Amounts payable after more than one year | 17 | €370,055 | €513,159 | +€143,104 | +38.7% |
| Financial debts | 170/4 | €370,055 | €513,159 | +€143,104 | +38.7% |
| Amounts payable within one year | 42/48 | €526,313 | €313,699 | -€212,615 | -40.4% |
| Current portion of amounts payable after more than one year | 42 | €127,506 | €92,873 | -€34,633 | -27.2% |
| Trade debts | 44 | €5,093 | €43,575 | +€38,482 | +756% |
| Suppliers | 440/4 | €5,093 | €43,575 | +€38,482 | +756% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €5,625 | €11,058 | +€5,433 | +96.6% |
| Taxes | 450/3 | €4,512 | €10,538 | +€6,026 | +134% |
| Remuneration and social security | 454/9 | €1,113 | €520 | -€593 | -53.3% |
| Other amounts payable | 47/48 | €388,089 | €166,192 | -€221,897 | -57.2% |
| Non-recurring operating income | 76A | €11,500 | €0 | -€11,500 | -100% |
| Remuneration, social security and pensions | 62 | €30,323 | €11,762 | -€18,561 | -61.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €132,461 | €136,606 | +€4,145 | +3.1% |
| Other operating charges | 640/8 | €10,747 | €15,767 | +€5,020 | +46.7% |
| Gross operating margin | 9900 | €288,245 | €240,263 | -€47,982 | -16.6% |
| Operating profit (loss) | 9901 | €114,715 | €76,128 | -€38,587 | -33.6% |
| Financial income | 75/76B | €90 | €139 | +€49 | +53.9% |
| Recurring financial income | 75 | €90 | €139 | +€49 | +53.9% |
| Financial charges | 65/66B | €30,376 | €23,768 | -€6,608 | -21.8% |
| Recurring financial charges | 65 | €30,376 | €23,768 | -€6,608 | -21.8% |
| Profit (loss) for the period before taxes | 9903 | €84,429 | €52,499 | -€31,930 | -37.8% |
| Income taxes | 67/77 | €3,774 | €4,990 | +€1,216 | +32.2% |
| Profit (loss) for the period | 9904 | €80,655 | €47,509 | -€33,146 | -41.1% |
| Profit (loss) for the period to be appropriated | 9905 | €80,655 | €47,509 | -€33,146 | -41.1% |
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 24 October 2026 via checked.be.