HYBA: 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.
HYBA
Largest movements
- Cash -€24,049
down €24,049 (-13.3%), from €181,467 to €157,417
mainly Contributions, distributions and other (-€60,830) and Investment in fixed assets (net) (-€32,562)
- Receivables within one year -€13,626
down €13,626 (-24.5%), from €55,663 to €42,038
- Tangible fixed assets +€9,793
up €9,793 (+35.0%), from €27,988 to €37,782
of which Leasing and similar rights: +€28,974
- Reserves -€50,155
down €50,155 (-54.1%), from €92,776 to €42,621
- Other debts +€31,836
up €31,836 (+121.7%), from €26,166 to €58,002
- Debts after one year +€18,362
up €18,362 (+625.3%), from €2,937 to €21,298
- Tax, wage and social debts -€15,026
down €15,026 (-28.4%), from €52,862 to €37,836
of which Taxes: -€8,375
- Trade debts -€14,516
down €14,516 (-31.1%), from €46,748 to €32,232
- Gross operating margin -€36,975
down €36,975 (-17.0%), from €217,433 to €180,458
- Staff costs -€24,321
down €24,321 (-16.3%), from €148,993 to €124,671
- Depreciation -€2,549
down €2,549 (-10.1%), from €25,318 to €22,769
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 | €330,958 | €303,910 | -€27,048 | -8.2% |
| Fixed assets | 21/28 | €27,988 | €37,782 | +€9,793 | +35.0% |
| Tangible fixed assets | 22/27 | €27,988 | €37,782 | +€9,793 | +35.0% |
| Plant, machinery and equipment | 23 | €1,719 | €1,281 | -€439 | -25.5% |
| Furniture and vehicles | 24 | €26,269 | €7,527 | -€18,742 | -71.3% |
| Leasing and similar rights | 25 | - | €28,974 | +€28,974 | |
| Current assets | 29/58 | €302,970 | €266,129 | -€36,841 | -12.2% |
| Amounts receivable after more than one year | 29 | €55,605 | €55,605 | = | 0.0% |
| Other amounts receivable | 291 | €55,605 | €55,605 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €55,663 | €42,038 | -€13,626 | -24.5% |
| Trade receivables | 40 | €55,663 | €42,038 | -€13,626 | -24.5% |
| Cash at bank and in hand | 54/58 | €181,467 | €157,417 | -€24,049 | -13.3% |
| Deferred charges and accrued income | 490/1 | €10,234 | €11,069 | +€834 | +8.2% |
| Total equity and liabilities | 10/49 | €330,958 | €303,910 | -€27,048 | -8.2% |
| Equity | 10/15 | €199,365 | €149,210 | -€50,155 | -25.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €92,776 | €42,621 | -€50,155 | -54.1% |
| Distributable reserves | 133 | €92,776 | €42,621 | -€50,155 | -54.1% |
| Profit (loss) carried forward | 14 | €87,989 | €87,989 | = | 0.0% |
| Amounts payable | 17/49 | €131,593 | €154,700 | +€23,107 | +17.6% |
| Amounts payable after more than one year | 17 | €2,937 | €21,298 | +€18,362 | +625.3% |
| Financial debts | 170/4 | €2,937 | €21,298 | +€18,362 | +625.3% |
| Amounts payable within one year | 42/48 | €128,657 | €133,402 | +€4,745 | +3.7% |
| Current portion of amounts payable after more than one year | 42 | €2,880 | €5,331 | +€2,451 | +85.1% |
| Trade debts | 44 | €46,748 | €32,232 | -€14,516 | -31.1% |
| Suppliers | 440/4 | €46,748 | €32,232 | -€14,516 | -31.1% |
| Taxes, remuneration and social security | 45 | €52,862 | €37,836 | -€15,026 | -28.4% |
| Taxes | 450/3 | €23,758 | €15,382 | -€8,375 | -35.3% |
| Remuneration and social security | 454/9 | €29,104 | €22,454 | -€6,650 | -22.8% |
| Other amounts payable | 47/48 | €26,166 | €58,002 | +€31,836 | +121.7% |
| Remuneration, social security and pensions | 62 | €148,993 | €124,671 | -€24,321 | -16.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,318 | €22,769 | -€2,549 | -10.1% |
| Other operating charges | 640/8 | €13,012 | €13,594 | +€581 | +4.5% |
| Gross operating margin | 9900 | €217,433 | €180,458 | -€36,975 | -17.0% |
| Operating profit (loss) | 9901 | €30,110 | €19,424 | -€10,686 | -35.5% |
| Financial income | 75/76B | €1,475 | €1,390 | -€85 | -5.8% |
| Recurring financial income | 75 | €1,475 | €1,390 | -€85 | -5.8% |
| Financial charges | 65/66B | €2,175 | €2,760 | +€585 | +26.9% |
| Recurring financial charges | 65 | €2,175 | €2,760 | +€585 | +26.9% |
| Profit (loss) for the period before taxes | 9903 | €29,411 | €18,055 | -€11,356 | -38.6% |
| Income taxes | 67/77 | €8,788 | €7,379 | -€1,409 | -16.0% |
| Profit (loss) for the period | 9904 | €20,623 | €10,676 | -€9,947 | -48.2% |
| Profit (loss) for the period to be appropriated | 9905 | €20,623 | €10,676 | -€9,947 | -48.2% |
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 1 October 2026 via checked.be.