HyBridge: 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.
HyBridge
Largest movements
- Receivables within one year +€479,933
up €479,933 (+147.6%), from €325,186 to €805,120
of which Trade receivables: +€514,670
- Accrued charges and deferred income +€401,593
up €401,593 (+5183.0%), from €7,748 to €409,341
- Profit (loss) carried forward -€339,097
down €339,097 (-148.3%), from -€228,637 to -€567,734
- Other debts +€193,817
up €193,817 (+133.7%), from €144,996 to €338,813
- Trade debts +€175,645
up €175,645 (+51.0%), from €344,075 to €519,719
- Tax, wage and social debts +€50,512
new in 2025: €50,512
- Purchases and services +€318,111
up €318,111 (+17.9%), from €1.8m to €2.1m
- Gross operating margin -€238,365
down €238,365 (-296.5%), from -€80,396 to -€318,761
- Turnover +€79,746
up €79,746 (+4.7%), from €1.7m to €1.8m
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 | €330,181 | €812,651 | +€482,470 | +146.1% |
| Fixed assets | 21/28 | - | €1,925 | +€1,925 | |
| Tangible fixed assets | 22/27 | - | €1,925 | +€1,925 | |
| Plant, machinery and equipment | 23 | - | €1,925 | +€1,925 | |
| Current assets | 29/58 | €330,181 | €810,726 | +€480,545 | +145.5% |
| Amounts receivable within one year | 40/41 | €325,186 | €805,120 | +€479,933 | +147.6% |
| Trade receivables | 40 | €290,450 | €805,120 | +€514,670 | +177.2% |
| Other amounts receivable | 41 | €34,737 | - | -€34,737 | |
| Cash at bank and in hand | 54/58 | €4,995 | €4,992 | -€3 | -0.1% |
| Deferred charges and accrued income | 490/1 | - | €615 | +€615 | |
| Total equity and liabilities | 10/49 | €330,181 | €812,651 | +€482,470 | +146.1% |
| Equity | 10/15 | -€166,637 | -€505,734 | -€339,097 | -203.5% |
| 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% |
| Profit (loss) carried forward | 14 | -€228,637 | -€567,734 | -€339,097 | -148.3% |
| Amounts payable | 17/49 | €496,819 | €1,318,385 | +€821,567 | +165.4% |
| Amounts payable within one year | 42/48 | €489,070 | €909,045 | +€419,974 | +85.9% |
| Trade debts | 44 | €344,075 | €519,719 | +€175,645 | +51.0% |
| Suppliers | 440/4 | €344,075 | €519,719 | +€175,645 | +51.0% |
| Taxes, remuneration and social security | 45 | - | €50,512 | +€50,512 | |
| Taxes | 450/3 | - | €50,512 | +€50,512 | |
| Other amounts payable | 47/48 | €144,996 | €338,813 | +€193,817 | +133.7% |
| Accrued charges and deferred income | 492/3 | €7,748 | €409,341 | +€401,593 | +5183.0% |
| Turnover | 70 | €1,701,492 | €1,781,237 | +€79,746 | +4.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,781,887 | €2,099,998 | +€318,111 | +17.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €186 | +€186 | |
| Other operating charges | 640/8 | €665 | €5,036 | +€4,370 | +656.7% |
| Gross operating margin | 9900 | -€80,396 | -€318,761 | -€238,365 | -296.5% |
| Operating profit (loss) | 9901 | -€81,061 | -€323,983 | -€242,922 | -299.7% |
| Financial charges | 65/66B | €13,459 | €15,114 | +€1,655 | +12.3% |
| Recurring financial charges | 65 | €13,459 | €15,114 | +€1,655 | +12.3% |
| Profit (loss) for the period before taxes | 9903 | -€94,520 | -€339,097 | -€244,577 | -258.8% |
| Profit (loss) for the period | 9904 | -€94,520 | -€339,097 | -€244,577 | -258.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€94,520 | -€339,097 | -€244,577 | -258.8% |
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 12 October 2026 via checked.be.