Hybricate: 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.
Hybricate
Largest movements
- Receivables within one year +€67,196
up €67,196 (+34.0%), from €197,734 to €264,929
of which Other amounts receivable: +€67,414
- Tangible fixed assets -€2,882
down €2,882 (-45.8%), from €6,292 to €3,410
- Reserves +€47,400
up €47,400 (+50.6%), from €93,760 to €141,160
of which Distributable reserves: +€47,400
- Tax, wage and social debts +€14,368
up €14,368 (+400%), from €3,593 to €17,961
of which Taxes: +€15,000
- Trade debts +€3,597
up €3,597 (+6.9%), from €52,347 to €55,944
- Gross operating margin +€95,997
up €95,997 (+441%), from €21,765 to €117,761
- Turnover +€92,981
up €92,981 (+20.4%), from €456,132 to €549,113
- Staff costs +€44,964
up €44,964 (+369%), from €12,189 to €57,152
- Taxes +€9,316
up €9,316 (+37,505%), from €25 to €9,341
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 | €211,704 | €277,066 | +€65,362 | +30.9% |
| Fixed assets | 21/28 | €6,292 | €3,410 | -€2,882 | -45.8% |
| Tangible fixed assets | 22/27 | €6,292 | €3,410 | -€2,882 | -45.8% |
| Plant, machinery and equipment | 23 | €6,292 | €3,410 | -€2,882 | -45.8% |
| Current assets | 29/58 | €205,413 | €273,656 | +€68,243 | +33.2% |
| Amounts receivable within one year | 40/41 | €197,734 | €264,929 | +€67,196 | +34.0% |
| Trade receivables | 40 | €88,982 | €88,763 | -€219 | -0.2% |
| Other amounts receivable | 41 | €108,751 | €176,166 | +€67,414 | +62.0% |
| Cash at bank and in hand | 54/58 | €6,966 | €7,677 | +€711 | +10.2% |
| Deferred charges and accrued income | 490/1 | €713 | €1,050 | +€336 | +47.2% |
| Total equity and liabilities | 10/49 | €211,704 | €277,066 | +€65,362 | +30.9% |
| Equity | 10/15 | €155,764 | €203,161 | +€47,396 | +30.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €93,760 | €141,160 | +€47,400 | +50.6% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €87,560 | €134,960 | +€47,400 | +54.1% |
| Profit (loss) carried forward | 14 | €4 | €1 | -€4 | -81.0% |
| Amounts payable | 17/49 | €55,940 | €73,905 | +€17,965 | +32.1% |
| Amounts payable within one year | 42/48 | €55,940 | €73,905 | +€17,965 | +32.1% |
| Trade debts | 44 | €52,347 | €55,944 | +€3,597 | +6.9% |
| Suppliers | 440/4 | €52,347 | €55,944 | +€3,597 | +6.9% |
| Taxes, remuneration and social security | 45 | €3,593 | €17,961 | +€14,368 | +400% |
| Taxes | 450/3 | €2,941 | €17,941 | +€15,000 | +510% |
| Remuneration and social security | 454/9 | €652 | €20 | -€632 | -97.0% |
| Turnover | 70 | €456,132 | €549,113 | +€92,981 | +20.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €434,367 | €433,459 | -€909 | -0.2% |
| Remuneration, social security and pensions | 62 | €12,189 | €57,152 | +€44,964 | +369% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,249 | €2,882 | +€633 | +28.1% |
| Other operating charges | 640/8 | €746 | €906 | +€161 | +21.6% |
| Gross operating margin | 9900 | €21,765 | €117,761 | +€95,997 | +441% |
| Operating profit (loss) | 9901 | €6,581 | €56,821 | +€50,240 | +763% |
| Financial income | 75/76B | €2,646 | €2,033 | -€613 | -23.2% |
| Recurring financial income | 75 | €2,646 | €2,033 | -€613 | -23.2% |
| Financial charges | 65/66B | €278 | €2,116 | +€1,838 | +661% |
| Recurring financial charges | 65 | €278 | €2,116 | +€1,838 | +661% |
| Profit (loss) for the period before taxes | 9903 | €8,949 | €56,738 | +€47,789 | +534% |
| Income taxes | 67/77 | €25 | €9,341 | +€9,316 | +37,505% |
| Profit (loss) for the period | 9904 | €8,924 | €47,396 | +€38,473 | +431% |
| Profit (loss) for the period to be appropriated | 9905 | €8,924 | €47,396 | +€38,473 | +431% |
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.