HY-GROUP: 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.
HY-GROUP
Largest movements
- Tangible fixed assets +€15,502
new in 2025: €15,502
- Receivables within one year +€2,807
up €2,807 (+75.6%), from €3,711 to €6,517
of which Trade receivables: +€3,000
- Cash +€2,551
up €2,551 (+4,975%), from €51 to €2,602
mainly Other debts (+€9,588) and Net result for the year (+€6,941)
- Deferred charges and accrued income +€449
new in 2025: €449
- Other debts +€9,588
up €9,588 (+1,045%), from €917 to €10,505
- Profit (loss) carried forward +€6,941
up €6,941 (+7,918%), from €88 to €7,029
- Tax, wage and social debts +€3,304
up €3,304 (+15,080%), from €22 to €3,326
- Trade debts +€1,476
up €1,476 (+201%), from €735 to €2,211
- Gross operating margin +€13,829
up €13,829 (+7,272%), from €190 to €14,019
- Staff costs +€3,606
up €3,606 (+4,449%), from €81 to €3,687
- Depreciation +€2,762
new in 2025: €2,762
- Taxes +€1,913
up €1,913 (+8,733%), from €22 to €1,935
- Financial income +€1,627
up €1,627 (+20,597%), from €8 to €1,635
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 | €3,762 | €25,071 | +€21,309 | +566% |
| Fixed assets | 21/28 | - | €15,502 | +€15,502 | |
| Tangible fixed assets | 22/27 | - | €15,502 | +€15,502 | |
| Furniture and vehicles | 24 | - | €15,502 | +€15,502 | |
| Current assets | 29/58 | €3,762 | €9,568 | +€5,807 | +154% |
| Amounts receivable within one year | 40/41 | €3,711 | €6,517 | +€2,807 | +75.6% |
| Trade receivables | 40 | €3,000 | €6,000 | +€3,000 | +100% |
| Other amounts receivable | 41 | €711 | €517 | -€193 | -27.2% |
| Cash at bank and in hand | 54/58 | €51 | €2,602 | +€2,551 | +4,975% |
| Deferred charges and accrued income | 490/1 | - | €449 | +€449 | |
| Total equity and liabilities | 10/49 | €3,762 | €25,071 | +€21,309 | +566% |
| Equity | 10/15 | €2,088 | €9,029 | +€6,941 | +332% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €88 | €7,029 | +€6,941 | +7,918% |
| Amounts payable | 17/49 | €1,674 | €16,042 | +€14,368 | +858% |
| Amounts payable within one year | 42/48 | €1,674 | €16,042 | +€14,368 | +858% |
| Trade debts | 44 | €735 | €2,211 | +€1,476 | +201% |
| Suppliers | 440/4 | €735 | €2,211 | +€1,476 | +201% |
| Taxes, remuneration and social security | 45 | €22 | €3,326 | +€3,304 | +15,080% |
| Taxes | 450/3 | €22 | €3,326 | +€3,304 | +15,080% |
| Other amounts payable | 47/48 | €917 | €10,505 | +€9,588 | +1,045% |
| Remuneration, social security and pensions | 62 | €81 | €3,687 | +€3,606 | +4,449% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,762 | +€2,762 | |
| Other operating charges | 640/8 | - | €210 | +€210 | |
| Gross operating margin | 9900 | €190 | €14,019 | +€13,829 | +7,272% |
| Operating profit (loss) | 9901 | €109 | €7,359 | +€7,250 | +6,644% |
| Financial income | 75/76B | €8 | €1,635 | +€1,627 | +20,597% |
| Recurring financial income | 75 | €8 | €1,635 | +€1,627 | +20,597% |
| Financial charges | 65/66B | €7 | €118 | +€110 | +1,479% |
| Recurring financial charges | 65 | €7 | €118 | +€110 | +1,479% |
| Profit (loss) for the period before taxes | 9903 | €110 | €8,876 | +€8,767 | +8,001% |
| Income taxes | 67/77 | €22 | €1,935 | +€1,913 | +8,733% |
| Profit (loss) for the period | 9904 | €88 | €6,941 | +€6,854 | +7,818% |
| Profit (loss) for the period to be appropriated | 9905 | €88 | €6,941 | +€6,854 | +7,818% |
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 16 October 2026 via checked.be.