HYES: 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.
HYES
Largest movements
- Receivables within one year -€23,235
down €23,235 (-66.9%), from €34,708 to €11,473
of which Trade receivables: -€23,116
- Cash -€11,848
down €11,848 (-47.3%), from €25,051 to €13,202
mainly Trade debts (-€32,548) and Net result for the year (-€14,821)
- Stocks and contracts -€5,690
down €5,690 (-16.9%), from €33,658 to €27,968
- Trade debts -€32,548
down €32,548 (-90.9%), from €35,810 to €3,263
- Profit (loss) carried forward -€14,821
down €14,821 (-456.2%), from -€3,249 to -€18,069
- Advances received +€6,500
new in 2025: €6,500
- Financial charges +€8,434
up €8,434 (+61157.9%), from €14 to €8,447
- Gross operating margin -€3,417
down €3,417 (-105.6%), from -€3,235 to -€6,652
- Financial income +€479
new in 2025: €479
- Other operating charges +€200
new in 2025: €200
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 | €93,417 | €52,643 | -€40,774 | -43.6% |
| Current assets | 29/58 | €93,417 | €52,643 | -€40,774 | -43.6% |
| Stocks and contracts in progress | 3 | €33,658 | €27,968 | -€5,690 | -16.9% |
| Stocks | 30/36 | €33,658 | €27,968 | -€5,690 | -16.9% |
| Amounts receivable within one year | 40/41 | €34,708 | €11,473 | -€23,235 | -66.9% |
| Trade receivables | 40 | €34,186 | €11,070 | -€23,116 | -67.6% |
| Other amounts receivable | 41 | €522 | €403 | -€119 | -22.8% |
| Cash at bank and in hand | 54/58 | €25,051 | €13,202 | -€11,848 | -47.3% |
| Total equity and liabilities | 10/49 | €93,417 | €52,643 | -€40,774 | -43.6% |
| Equity | 10/15 | €6,751 | -€8,069 | -€14,821 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,249 | -€18,069 | -€14,821 | -456.2% |
| Amounts payable | 17/49 | €86,665 | €60,712 | -€25,953 | -29.9% |
| Amounts payable within one year | 42/48 | €86,665 | €60,712 | -€25,953 | -29.9% |
| Trade debts | 44 | €35,810 | €3,263 | -€32,548 | -90.9% |
| Suppliers | 440/4 | €35,810 | €3,263 | -€32,548 | -90.9% |
| Advances received on contracts in progress | 46 | - | €6,500 | +€6,500 | |
| Other amounts payable | 47/48 | €50,855 | €50,950 | +€95 | +0.2% |
| Other operating charges | 640/8 | - | €200 | +€200 | |
| Gross operating margin | 9900 | -€3,235 | -€6,652 | -€3,417 | -105.6% |
| Operating profit (loss) | 9901 | -€3,235 | -€6,852 | -€3,617 | -111.8% |
| Financial income | 75/76B | - | €479 | +€479 | |
| Recurring financial income | 75 | - | €479 | +€479 | |
| Financial charges | 65/66B | €14 | €8,447 | +€8,434 | +61157.9% |
| Recurring financial charges | 65 | €14 | €8,447 | +€8,434 | +61157.9% |
| Profit (loss) for the period before taxes | 9903 | -€3,249 | -€14,821 | -€11,572 | -356.2% |
| Profit (loss) for the period | 9904 | -€3,249 | -€14,821 | -€11,572 | -356.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,249 | -€14,821 | -€11,572 | -356.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.