HYBRIMO: 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.
HYBRIMO
Largest movements
- Tangible fixed assets +€320,231
up €320,231 (+59.9%), from €534,182 to €854,413
of which Plant, machinery and equipment: +€249,942
- Cash -€143,487
down €143,487 (-88.9%), from €161,388 to €17,901
mainly Investment in fixed assets (net) (-€468,495) and Deferred charges and accrued income (-€15,637)
- Stocks and contracts -€51,070
down €51,070 (-14.3%), from €358,030 to €306,960
- Deferred charges and accrued income +€15,637
new in 2025: €15,637
- Reserves +€85,374
up €85,374 (+13.6%), from €629,776 to €715,150
- Other debts +€19,626
up €19,626 (+51.1%), from €38,377 to €58,002
- Trade debts +€17,819
up €17,819 (+12.1%), from €147,264 to €165,083
- Debts after one year +€12,917
up €12,917 (+7.0%), from €183,750 to €196,667
- Depreciation +€64,273
up €64,273 (+76.5%), from €83,991 to €148,265
- Gross operating margin +€44,935
up €44,935 (+19.0%), from €237,024 to €281,959
- Taxes -€17,299
down €17,299 (-38.2%), from €45,300 to €28,000
- Financial income -€10,736
down €10,736 (-86.6%), from €12,396 to €1,660
- Financial charges +€7,774
up €7,774 (+209.8%), from €3,705 to €11,479
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 | €1,090,177 | €1,233,215 | +€143,037 | +13.1% |
| Fixed assets | 21/28 | €535,182 | €855,413 | +€320,231 | +59.8% |
| Tangible fixed assets | 22/27 | €534,182 | €854,413 | +€320,231 | +59.9% |
| Land and buildings | 22 | €453,191 | €377,654 | -€75,538 | -16.7% |
| Plant, machinery and equipment | 23 | €55,253 | €305,195 | +€249,942 | +452.4% |
| Furniture and vehicles | 24 | €25,738 | €171,565 | +€145,827 | +566.6% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €554,995 | €377,802 | -€177,193 | -31.9% |
| Stocks and contracts in progress | 3 | €358,030 | €306,960 | -€51,070 | -14.3% |
| Stocks | 30/36 | €358,030 | €306,960 | -€51,070 | -14.3% |
| Amounts receivable within one year | 40/41 | €35,577 | €37,304 | +€1,727 | +4.9% |
| Trade receivables | 40 | - | €29,345 | +€29,345 | |
| Other amounts receivable | 41 | €35,577 | €7,959 | -€27,619 | -77.6% |
| Cash at bank and in hand | 54/58 | €161,388 | €17,901 | -€143,487 | -88.9% |
| Deferred charges and accrued income | 490/1 | - | €15,637 | +€15,637 | |
| Total equity and liabilities | 10/49 | €1,090,177 | €1,233,215 | +€143,037 | +13.1% |
| Equity | 10/15 | €656,607 | €740,834 | +€84,226 | +12.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €629,776 | €715,150 | +€85,374 | +13.6% |
| Distributable reserves | 133 | €629,776 | €715,150 | +€85,374 | +13.6% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Investment grants | 15 | €8,232 | €7,084 | -€1,147 | -13.9% |
| Provisions and deferred taxes | 16 | €2,095 | €1,757 | -€337 | -16.1% |
| Deferred taxes | 168 | €2,095 | €1,757 | -€337 | -16.1% |
| Amounts payable | 17/49 | €431,475 | €490,624 | +€59,148 | +13.7% |
| Amounts payable after more than one year | 17 | €183,750 | €196,667 | +€12,917 | +7.0% |
| Financial debts | 170/4 | €183,750 | €196,667 | +€12,917 | +7.0% |
| Amounts payable within one year | 42/48 | €247,549 | €293,957 | +€46,408 | +18.7% |
| Current portion of amounts payable after more than one year | 42 | €55,000 | €62,083 | +€7,083 | +12.9% |
| Trade debts | 44 | €147,264 | €165,083 | +€17,819 | +12.1% |
| Suppliers | 440/4 | €147,264 | €165,083 | +€17,819 | +12.1% |
| Taxes, remuneration and social security | 45 | €6,909 | €8,789 | +€1,880 | +27.2% |
| Taxes | 450/3 | €5,309 | €7,189 | +€1,880 | +35.4% |
| Remuneration and social security | 454/9 | €1,600 | €1,600 | = | 0.0% |
| Other amounts payable | 47/48 | €38,377 | €58,002 | +€19,626 | +51.1% |
| Accrued charges and deferred income | 492/3 | €176 | €0 | -€176 | -100.0% |
| Non-recurring operating income | 76A | - | €15,000 | +€15,000 | |
| Remuneration, social security and pensions | 62 | - | €491 | +€491 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €83,991 | €148,265 | +€64,273 | +76.5% |
| Other operating charges | 640/8 | €9,148 | €10,348 | +€1,200 | +13.1% |
| Gross operating margin | 9900 | €237,024 | €281,959 | +€44,935 | +19.0% |
| Operating profit (loss) | 9901 | €143,885 | €122,855 | -€21,030 | -14.6% |
| Financial income | 75/76B | €12,396 | €1,660 | -€10,736 | -86.6% |
| Recurring financial income | 75 | €12,396 | €1,660 | -€10,736 | -86.6% |
| Financial charges | 65/66B | €3,705 | €11,479 | +€7,774 | +209.8% |
| Recurring financial charges | 65 | €3,705 | €11,479 | +€7,774 | +209.8% |
| Profit (loss) for the period before taxes | 9903 | €152,576 | €113,037 | -€39,540 | -25.9% |
| Transfer from deferred taxes | 780 | €387 | €337 | -€49 | -12.7% |
| Income taxes | 67/77 | €45,300 | €28,000 | -€17,299 | -38.2% |
| Profit (loss) for the period | 9904 | €107,663 | €85,374 | -€22,290 | -20.7% |
| Profit (loss) for the period to be appropriated | 9905 | €107,663 | €85,374 | -€22,290 | -20.7% |
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 29 September 2026 via checked.be.