HYBEOS: 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.
HYBEOS
Largest movements
- Tangible fixed assets +€297,463
up €297,463 (+849.8%), from €35,004 to €332,467
of which Land and buildings: +€307,180
- Receivables within one year -€56,942
down €56,942 (-29.2%), from €194,875 to €137,933
of which Other amounts receivable: -€62,149
- Cash +€19,158
up €19,158 (+23.2%), from €82,744 to €101,901
mainly Debts after one year (+€239,952) and Net result for the year (+€156,697)
- Debts after one year +€239,952
new in 2025: €239,952
- Current portion of long-term debt +€23,141
new in 2025: €23,141
- Other debts -€18,689
down €18,689 (-10.7%), from €175,386 to €156,697
- Tax, wage and social debts +€14,132
up €14,132 (+11.8%), from €119,934 to €134,066
of which Taxes: +€14,132
- Depreciation +€21,459
up €21,459 (+302.3%), from €7,099 to €28,558
- Taxes -€7,679
down €7,679 (-13.0%), from €59,207 to €51,528
- Financial income -€2,365
down €2,365 (-22.2%), from €10,667 to €8,303
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 | €313,920 | €572,457 | +€258,537 | +82.4% |
| Fixed assets | 21/28 | €35,004 | €332,467 | +€297,463 | +849.8% |
| Tangible fixed assets | 22/27 | €35,004 | €332,467 | +€297,463 | +849.8% |
| Land and buildings | 22 | - | €307,180 | +€307,180 | |
| Furniture and vehicles | 24 | €12,590 | €8,564 | -€4,027 | -32.0% |
| Other tangible fixed assets | 26 | €22,414 | €16,723 | -€5,691 | -25.4% |
| Current assets | 29/58 | €278,916 | €239,990 | -€38,926 | -14.0% |
| Amounts receivable within one year | 40/41 | €194,875 | €137,933 | -€56,942 | -29.2% |
| Trade receivables | 40 | €33,536 | €38,743 | +€5,207 | +15.5% |
| Other amounts receivable | 41 | €161,339 | €99,190 | -€62,149 | -38.5% |
| Cash at bank and in hand | 54/58 | €82,744 | €101,901 | +€19,158 | +23.2% |
| Deferred charges and accrued income | 490/1 | €1,297 | €155 | -€1,142 | -88.0% |
| Total equity and liabilities | 10/49 | €313,920 | €572,457 | +€258,537 | +82.4% |
| Equity | 10/15 | €18,600 | €18,600 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Amounts payable | 17/49 | €295,320 | €553,857 | +€258,537 | +87.5% |
| Amounts payable after more than one year | 17 | - | €239,952 | +€239,952 | |
| Financial debts | 170/4 | - | €239,952 | +€239,952 | |
| Amounts payable within one year | 42/48 | €295,320 | €313,904 | +€18,584 | +6.3% |
| Current portion of amounts payable after more than one year | 42 | - | €23,141 | +€23,141 | |
| Taxes, remuneration and social security | 45 | €119,934 | €134,066 | +€14,132 | +11.8% |
| Taxes | 450/3 | €116,319 | €130,451 | +€14,132 | +12.1% |
| Remuneration and social security | 454/9 | €3,615 | €3,615 | = | 0.0% |
| Other amounts payable | 47/48 | €175,386 | €156,697 | -€18,689 | -10.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,099 | €28,558 | +€21,459 | +302.3% |
| Other operating charges | 640/8 | €1,038 | €1,172 | +€134 | +13.0% |
| Gross operating margin | 9900 | €232,802 | €231,927 | -€875 | -0.4% |
| Operating profit (loss) | 9901 | €224,666 | €202,197 | -€22,469 | -10.0% |
| Financial income | 75/76B | €10,667 | €8,303 | -€2,365 | -22.2% |
| Recurring financial income | 75 | €10,667 | €8,303 | -€2,365 | -22.2% |
| Financial charges | 65/66B | €740 | €2,275 | +€1,535 | +207.4% |
| Recurring financial charges | 65 | €740 | €2,275 | +€1,535 | +207.4% |
| Profit (loss) for the period before taxes | 9903 | €234,593 | €208,225 | -€26,369 | -11.2% |
| Income taxes | 67/77 | €59,207 | €51,528 | -€7,679 | -13.0% |
| Profit (loss) for the period | 9904 | €175,386 | €156,697 | -€18,689 | -10.7% |
| Profit (loss) for the period to be appropriated | 9905 | €175,386 | €156,697 | -€18,689 | -10.7% |
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 7 October 2026 via checked.be.