HYBA STEEN: 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.
HYBA STEEN
Largest movements
- Tangible fixed assets +€338,641
up €338,641 (+176%), from €192,277 to €530,919
of which Land and buildings: +€395,525
- Receivables within one year -€34,298
down €34,298 (-10.4%), from €329,164 to €294,866
of which Trade receivables: -€19,756
- Cash -€8,687
down €8,687 (-98.4%), from €8,831 to €144
mainly Investment in fixed assets (net) (-€422,907) and Tax, wage and social debts (-€16,639)
- Debts after one year +€254,864
up €254,864 (+328%), from €77,820 to €332,683
- Profit (loss) carried forward -€100,560
down €100,560 (-40.2%), from €250,344 to €149,784
- Reserves +€100,000
up €100,000 (+200%), from €50,000 to €150,000
- Trade debts +€44,337
up €44,337 (+249%), from €17,789 to €62,126
- Tax, wage and social debts -€16,639
down €16,639 (-19.8%), from €83,927 to €67,288
of which Taxes: -€23,781
- Purchases and services +€57,781
up €57,781 (+16.3%), from €354,967 to €412,748
- Gross operating margin -€52,984
down €52,984 (-10.1%), from €523,149 to €470,166
- Depreciation +€22,292
up €22,292 (+36.0%), from €61,974 to €84,266
- Taxes -€15,377
down €15,377 (-48.1%), from €32,000 to €16,623
- Staff costs +€14,169
up €14,169 (+4.2%), from €333,839 to €348,009
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 | €534,473 | €830,129 | +€295,656 | +55.3% |
| Fixed assets | 21/28 | €196,477 | €535,119 | +€338,641 | +172% |
| Tangible fixed assets | 22/27 | €192,277 | €530,919 | +€338,641 | +176% |
| Land and buildings | 22 | €5,500 | €401,025 | +€395,525 | +7,191% |
| Plant, machinery and equipment | 23 | €27,291 | €22,033 | -€5,258 | -19.3% |
| Furniture and vehicles | 24 | €125,224 | €82,436 | -€42,787 | -34.2% |
| Leasing and similar rights | 25 | €34,262 | €25,424 | -€8,838 | -25.8% |
| Financial fixed assets | 28 | €4,200 | €4,200 | = | 0.0% |
| Current assets | 29/58 | €337,995 | €295,010 | -€42,985 | -12.7% |
| Amounts receivable within one year | 40/41 | €329,164 | €294,866 | -€34,298 | -10.4% |
| Trade receivables | 40 | €290,788 | €271,033 | -€19,756 | -6.8% |
| Other amounts receivable | 41 | €38,376 | €23,833 | -€14,542 | -37.9% |
| Cash at bank and in hand | 54/58 | €8,831 | €144 | -€8,687 | -98.4% |
| Total equity and liabilities | 10/49 | €534,473 | €830,129 | +€295,656 | +55.3% |
| Equity | 10/15 | €304,344 | €303,784 | -€560 | -0.2% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €50,000 | €150,000 | +€100,000 | +200% |
| Distributable reserves | 133 | €50,000 | €150,000 | +€100,000 | +200% |
| Profit (loss) carried forward | 14 | €250,344 | €149,784 | -€100,560 | -40.2% |
| Amounts payable | 17/49 | €230,129 | €526,344 | +€296,216 | +129% |
| Amounts payable after more than one year | 17 | €77,820 | €332,683 | +€254,864 | +328% |
| Financial debts | 170/4 | €77,820 | €332,683 | +€254,864 | +328% |
| Amounts payable within one year | 42/48 | €152,309 | €193,661 | +€41,352 | +27.2% |
| Current portion of amounts payable after more than one year | 42 | €50,593 | €55,106 | +€4,514 | +8.9% |
| Financial debts | 43 | - | €9,141 | +€9,141 | |
| Credit institutions | 430/8 | - | €9,141 | +€9,141 | |
| Trade debts | 44 | €17,789 | €62,126 | +€44,337 | +249% |
| Suppliers | 440/4 | €17,789 | €62,126 | +€44,337 | +249% |
| Taxes, remuneration and social security | 45 | €83,927 | €67,288 | -€16,639 | -19.8% |
| Taxes | 450/3 | €83,927 | €60,147 | -€23,781 | -28.3% |
| Remuneration and social security | 454/9 | - | €7,142 | +€7,142 | |
| Turnover | 70 | €865,917 | €875,290 | +€9,373 | +1.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €354,967 | €412,748 | +€57,781 | +16.3% |
| Remuneration, social security and pensions | 62 | €333,839 | €348,009 | +€14,169 | +4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,974 | €84,266 | +€22,292 | +36.0% |
| Other operating charges | 640/8 | €1,947 | €3,343 | +€1,396 | +71.7% |
| Non-recurring operating charges | 66A | €0 | - | -€0 | |
| Gross operating margin | 9900 | €523,149 | €470,166 | -€52,984 | -10.1% |
| Operating profit (loss) | 9901 | €125,390 | €34,548 | -€90,841 | -72.4% |
| Financial income | 75/76B | €29 | - | -€29 | |
| Recurring financial income | 75 | €29 | - | -€29 | |
| Financial charges | 65/66B | €7,569 | €18,485 | +€10,916 | +144% |
| Recurring financial charges | 65 | €7,569 | €18,485 | +€10,916 | +144% |
| Profit (loss) for the period before taxes | 9903 | €117,850 | €16,064 | -€101,786 | -86.4% |
| Income taxes | 67/77 | €32,000 | €16,623 | -€15,377 | -48.1% |
| Profit (loss) for the period | 9904 | €85,850 | -€560 | -€86,410 | |
| Profit (loss) for the period to be appropriated | 9905 | €85,850 | -€560 | -€86,410 |
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 29 October 2026 via checked.be.