HybriPlus: 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.
HybriPlus
Largest movements
- Stocks and contracts -€436,428
down €436,428 (-94.4%), from €462,548 to €26,119
- Deferred charges and accrued income -€154,154
down €154,154 (-100.0%), from €154,154 to €0
- Cash +€41,540
up €41,540 (+86075.7%), from €48 to €41,588
mainly Stocks and contracts (+€436,428) and Deferred charges and accrued income (+€154,154)
- Current portion of long-term debt -€260,000
down €260,000 (-100.0%), from €260,000 to €0
- Other debts -€226,892
down €226,892 (-87.2%), from €260,114 to €33,222
- Profit (loss) carried forward -€42,057
down €42,057 (-172.9%), from -€24,327 to -€66,384
- Accrued charges and deferred income -€19,705
down €19,705 (-100.0%), from €19,705 to €0
- Gross operating margin -€37,035
down €37,035 (-1864.1%), from -€1,987 to -€39,022
- Financial charges -€7,738
down €7,738 (-74.6%), from €10,373 to €2,636
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 | €616,750 | €67,708 | -€549,043 | -89.0% |
| Current assets | 29/58 | €616,750 | €67,708 | -€549,043 | -89.0% |
| Stocks and contracts in progress | 3 | €462,548 | €26,119 | -€436,428 | -94.4% |
| Stocks | 30/36 | €462,548 | €26,119 | -€436,428 | -94.4% |
| Cash at bank and in hand | 54/58 | €48 | €41,588 | +€41,540 | +86075.7% |
| Deferred charges and accrued income | 490/1 | €154,154 | €0 | -€154,154 | -100.0% |
| Total equity and liabilities | 10/49 | €616,750 | €67,708 | -€549,043 | -89.0% |
| Equity | 10/15 | €76,543 | €34,486 | -€42,057 | -54.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €82,270 | €82,270 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €82,270 | €82,270 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,327 | -€66,384 | -€42,057 | -172.9% |
| Amounts payable | 17/49 | €540,207 | €33,222 | -€506,985 | -93.9% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €520,502 | €33,222 | -€487,280 | -93.6% |
| Current portion of amounts payable after more than one year | 42 | €260,000 | €0 | -€260,000 | -100.0% |
| Trade debts | 44 | €387 | €0 | -€387 | -100.0% |
| Suppliers | 440/4 | €387 | €0 | -€387 | -100.0% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €260,114 | €33,222 | -€226,892 | -87.2% |
| Accrued charges and deferred income | 492/3 | €19,705 | €0 | -€19,705 | -100.0% |
| Non-recurring operating income | 76A | €3,399 | €0 | -€3,399 | -100.0% |
| Other operating charges | 640/8 | €511 | €400 | -€111 | -21.7% |
| Gross operating margin | 9900 | -€1,987 | -€39,022 | -€37,035 | -1864.1% |
| Operating profit (loss) | 9901 | -€2,497 | -€39,422 | -€36,924 | -1478.5% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €10,373 | €2,636 | -€7,738 | -74.6% |
| Recurring financial charges | 65 | €10,373 | €2,636 | -€7,738 | -74.6% |
| Profit (loss) for the period before taxes | 9903 | -€12,871 | -€42,057 | -€29,187 | -226.8% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€12,871 | -€42,057 | -€29,187 | -226.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,871 | -€42,057 | -€29,187 | -226.8% |
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 1 October 2026 via checked.be.