HYACINT: what changed
Two fiscal 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.
HYACINT
Largest movements
- Cash +€41,465
up €41,465 (+10.9%), from €379,858 to €421,323
mainly Net result for the year (+€54,065) and Receivables within one year (+€33,068)
- Receivables within one year -€33,068
down €33,068 (-70.2%), from €47,130 to €14,062
of which Trade receivables: -€19,210
- Trade debts +€18,008
up €18,008 (+96.6%), from €18,638 to €36,646
- Reserves -€9,188
down €9,188 (-1.9%), from €476,469 to €467,282
of which Distributable reserves: -€9,188
- Debts after one year -€8,822
down €8,822 (-29.0%), from €30,461 to €21,639
- Financial income -€2,040
down €2,040 (-96.8%), from €2,107 to €67
- Staff costs -€1,781
no longer reported in 2025 (was €1,781)
- Financial charges -€1,387
down €1,387 (-93.8%), from €1,478 to €91
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.
Cash bridge derived
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 | €598,300 | €596,743 | -€1,557 | -0.3% |
| Fixed assets | 21/28 | €30,730 | €26,139 | -€4,591 | -14.9% |
| Tangible fixed assets | 22/27 | €30,730 | €26,139 | -€4,591 | -14.9% |
| Land and buildings | 22 | €21,031 | €19,522 | -€1,509 | -7.2% |
| Plant, machinery and equipment | 23 | €9,699 | €6,617 | -€3,082 | -31.8% |
| Current assets | 29/58 | €567,570 | €570,605 | +€3,035 | +0.5% |
| Stocks and contracts in progress | 3 | €139,725 | €134,363 | -€5,362 | -3.8% |
| Stocks | 30/36 | €139,725 | €134,363 | -€5,362 | -3.8% |
| Amounts receivable within one year | 40/41 | €47,130 | €14,062 | -€33,068 | -70.2% |
| Trade receivables | 40 | €33,272 | €14,062 | -€19,210 | -57.7% |
| Other amounts receivable | 41 | €13,859 | - | -€13,859 | |
| Cash at bank and in hand | 54/58 | €379,858 | €421,323 | +€41,465 | +10.9% |
| Deferred charges and accrued income | 490/1 | €857 | €857 | = | 0.0% |
| Total equity and liabilities | 10/49 | €598,300 | €596,743 | -€1,557 | -0.3% |
| Equity | 10/15 | €495,069 | €485,882 | -€9,188 | -1.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €476,469 | €467,282 | -€9,188 | -1.9% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €474,610 | €465,422 | -€9,188 | -1.9% |
| Amounts payable | 17/49 | €103,231 | €110,862 | +€7,631 | +7.4% |
| Amounts payable after more than one year | 17 | €30,461 | €21,639 | -€8,822 | -29.0% |
| Financial debts | 170/4 | €30,461 | €21,639 | -€8,822 | -29.0% |
| Amounts payable within one year | 42/48 | €72,770 | €89,223 | +€16,453 | +22.6% |
| Current portion of amounts payable after more than one year | 42 | €8,563 | €8,573 | +€11 | +0.1% |
| Trade debts | 44 | €18,638 | €36,646 | +€18,008 | +96.6% |
| Suppliers | 440/4 | €18,638 | €36,646 | +€18,008 | +96.6% |
| Advances received on contracts in progress | 46 | €21,669 | €18,506 | -€3,163 | -14.6% |
| Taxes, remuneration and social security | 45 | €23,900 | €21,463 | -€2,437 | -10.2% |
| Taxes | 450/3 | €23,900 | €21,463 | -€2,437 | -10.2% |
| Other amounts payable | 47/48 | - | €4,034 | +€4,034 | |
| Remuneration, social security and pensions | 62 | €1,781 | - | -€1,781 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,797 | €4,591 | -€205 | -4.3% |
| Other operating charges | 640/8 | €2,265 | €2,537 | +€272 | +12.0% |
| Gross operating margin | 9900 | €87,603 | €86,749 | -€853 | -1.0% |
| Operating profit (loss) | 9901 | €78,760 | €79,621 | +€861 | +1.1% |
| Financial income | 75/76B | €2,107 | €67 | -€2,040 | -96.8% |
| Recurring financial income | 75 | €2,107 | €67 | -€2,040 | -96.8% |
| Financial charges | 65/66B | €1,478 | €91 | -€1,387 | -93.8% |
| Recurring financial charges | 65 | €1,478 | €91 | -€1,387 | -93.8% |
| Profit (loss) for the period before taxes | 9903 | €79,389 | €79,597 | +€208 | +0.3% |
| Income taxes | 67/77 | €25,643 | €25,532 | -€110 | -0.4% |
| Profit (loss) for the period | 9904 | €53,746 | €54,065 | +€319 | +0.6% |
| Profit (loss) for the period to be appropriated | 9905 | €53,746 | €54,065 | +€319 | +0.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.