HYBRASCO: 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.
HYBRASCO
Largest movements
- Cash -€43,442
down €43,442 (-55.5%), from €78,222 to €34,780
mainly Contributions, distributions and other (-€75,992) and Receivables within one year (-€24,143)
- Receivables within one year +€24,143
up €24,143 (+101.0%), from €23,897 to €48,040
of which Trade receivables: +€24,431
- Tangible fixed assets -€2,719
down €2,719 (-4.4%), from €61,224 to €58,505
of which Land and buildings: -€1,962
- Reserves -€67,994
down €67,994 (-64.5%), from €105,344 to €37,350
of which Non-distributable reserves: -€67,994
- Other debts +€45,658
up €45,658 (+178.5%), from €25,583 to €71,242
- Financial charges +€14,453
up €14,453 (+41.0%), from €35,275 to €49,728
- Gross operating margin +€13,173
up €13,173 (+24.5%), from €53,746 to €66,919
- Other operating charges +€1,091
up €1,091 (+279.1%), from €391 to €1,482
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 | €166,039 | €143,442 | -€22,597 | -13.6% |
| Fixed assets | 21/28 | €61,248 | €58,529 | -€2,719 | -4.4% |
| Tangible fixed assets | 22/27 | €61,224 | €58,505 | -€2,719 | -4.4% |
| Land and buildings | 22 | €59,923 | €57,961 | -€1,962 | -3.3% |
| Furniture and vehicles | 24 | €1,301 | €544 | -€757 | -58.2% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €104,791 | €84,913 | -€19,878 | -19.0% |
| Amounts receivable within one year | 40/41 | €23,897 | €48,040 | +€24,143 | +101.0% |
| Trade receivables | 40 | €19,199 | €43,630 | +€24,431 | +127.2% |
| Other amounts receivable | 41 | €4,697 | €4,410 | -€287 | -6.1% |
| Cash at bank and in hand | 54/58 | €78,222 | €34,780 | -€43,442 | -55.5% |
| Deferred charges and accrued income | 490/1 | €2,672 | €2,093 | -€579 | -21.7% |
| Total equity and liabilities | 10/49 | €166,039 | €143,442 | -€22,597 | -13.6% |
| Equity | 10/15 | €133,748 | €65,754 | -€67,994 | -50.8% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €105,344 | €37,350 | -€67,994 | -64.5% |
| Non-distributable reserves | 130/1 | €103,492 | €35,498 | -€67,994 | -65.7% |
| Reserves not available under the articles | 1311 | €103,492 | €35,498 | -€67,994 | -65.7% |
| Distributable reserves | 133 | €1,852 | €1,852 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,206 | €22,206 | = | 0.0% |
| Amounts payable | 17/49 | €32,291 | €77,689 | +€45,398 | +140.6% |
| Amounts payable within one year | 42/48 | €32,291 | €77,602 | +€45,311 | +140.3% |
| Trade debts | 44 | €2,745 | €1,804 | -€941 | -34.3% |
| Suppliers | 440/4 | €2,745 | €1,804 | -€941 | -34.3% |
| Taxes, remuneration and social security | 45 | €3,963 | €4,556 | +€593 | +15.0% |
| Taxes | 450/3 | €3,963 | €4,556 | +€593 | +15.0% |
| Other amounts payable | 47/48 | €25,583 | €71,242 | +€45,658 | +178.5% |
| Accrued charges and deferred income | 492/3 | - | €87 | +€87 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,313 | €2,719 | -€594 | -17.9% |
| Other operating charges | 640/8 | €391 | €1,482 | +€1,091 | +279.1% |
| Gross operating margin | 9900 | €53,746 | €66,919 | +€13,173 | +24.5% |
| Operating profit (loss) | 9901 | €50,042 | €62,717 | +€12,675 | +25.3% |
| Financial income | 75/76B | €0 | €0 | -€0 | -96.7% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -96.7% |
| Financial charges | 65/66B | €35,275 | €49,728 | +€14,453 | +41.0% |
| Recurring financial charges | 65 | €35,275 | €49,728 | +€14,453 | +41.0% |
| Profit (loss) for the period before taxes | 9903 | €14,767 | €12,990 | -€1,778 | -12.0% |
| Income taxes | 67/77 | €5,598 | €4,992 | -€607 | -10.8% |
| Profit (loss) for the period | 9904 | €9,169 | €7,998 | -€1,171 | -12.8% |
| Profit (loss) for the period to be appropriated | 9905 | €9,169 | €7,998 | -€1,171 | -12.8% |
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 9 October 2026 via checked.be.