HYEULLE-DIELS: 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.
HYEULLE-DIELS
Largest movements
- Cash +€49,525
up €49,525 (+37.7%), from €131,338 to €180,863
mainly Net result for the year (+€36,450) and Depreciation (+€29,279)
- Tangible fixed assets -€20,935
down €20,935 (-19.7%), from €106,295 to €85,360
of which Furniture and vehicles: -€23,421
- Stocks and contracts +€18,391
up €18,391 (+47.2%), from €38,983 to €57,374
- Receivables within one year +€10,702
up €10,702 (+10.2%), from €104,799 to €115,501
of which Trade receivables: +€7,620
- Profit (loss) carried forward +€36,450
up €36,450 (+16.2%), from €225,465 to €261,916
- Tax, wage and social debts +€7,725
up €7,725 (+23.3%), from €33,198 to €40,924
of which Remuneration and social security: +€6,053
- Current portion of long-term debt +€6,927
up €6,927 (+10.6%), from €65,258 to €72,185
- Trade debts +€6,490
up €6,490 (+22.5%), from €28,824 to €35,314
- Purchases and services +€76,546
up €76,546 (+14.5%), from €526,347 to €602,893
- Turnover +€46,466
up €46,466 (+6.4%), from €729,477 to €775,943
- Gross operating margin -€16,121
down €16,121 (-7.8%), from €206,225 to €190,105
- Staff costs +€11,767
up €11,767 (+13.2%), from €88,923 to €100,690
- Taxes -€9,950
down €9,950 (-40.4%), from €24,616 to €14,666
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 | €386,490 | €444,493 | +€58,003 | +15.0% |
| Fixed assets | 21/28 | €111,370 | €90,434 | -€20,935 | -18.8% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €106,295 | €85,360 | -€20,935 | -19.7% |
| Plant, machinery and equipment | 23 | €29,785 | €32,271 | +€2,485 | +8.3% |
| Furniture and vehicles | 24 | €76,510 | €53,089 | -€23,421 | -30.6% |
| Financial fixed assets | 28 | €5,075 | €5,075 | = | 0.0% |
| Current assets | 29/58 | €275,120 | €354,058 | +€78,938 | +28.7% |
| Stocks and contracts in progress | 3 | €38,983 | €57,374 | +€18,391 | +47.2% |
| Stocks | 30/36 | €38,983 | €57,374 | +€18,391 | +47.2% |
| Amounts receivable within one year | 40/41 | €104,799 | €115,501 | +€10,702 | +10.2% |
| Trade receivables | 40 | €99,430 | €107,049 | +€7,620 | +7.7% |
| Other amounts receivable | 41 | €5,370 | €8,451 | +€3,082 | +57.4% |
| Cash at bank and in hand | 54/58 | €131,338 | €180,863 | +€49,525 | +37.7% |
| Deferred charges and accrued income | 490/1 | - | €321 | +€321 | |
| Total equity and liabilities | 10/49 | €386,490 | €444,493 | +€58,003 | +15.0% |
| Equity | 10/15 | €245,917 | €282,367 | +€36,450 | +14.8% |
| Contributions | 10/11 | €20,451 | €20,451 | = | 0.0% |
| Profit (loss) carried forward | 14 | €225,465 | €261,916 | +€36,450 | +16.2% |
| Amounts payable | 17/49 | €140,573 | €162,126 | +€21,553 | +15.3% |
| Amounts payable after more than one year | 17 | €13,293 | €13,704 | +€410 | +3.1% |
| Financial debts | 170/4 | €13,293 | €13,704 | +€410 | +3.1% |
| Amounts payable within one year | 42/48 | €127,280 | €148,422 | +€21,142 | +16.6% |
| Current portion of amounts payable after more than one year | 42 | €65,258 | €72,185 | +€6,927 | +10.6% |
| Trade debts | 44 | €28,824 | €35,314 | +€6,490 | +22.5% |
| Suppliers | 440/4 | €28,824 | €35,314 | +€6,490 | +22.5% |
| Taxes, remuneration and social security | 45 | €33,198 | €40,924 | +€7,725 | +23.3% |
| Taxes | 450/3 | €20,348 | €22,021 | +€1,672 | +8.2% |
| Remuneration and social security | 454/9 | €12,850 | €18,903 | +€6,053 | +47.1% |
| Turnover | 70 | €729,477 | €775,943 | +€46,466 | +6.4% |
| Non-recurring operating income | 76A | €3,095 | €3,715 | +€619 | +20.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €526,347 | €602,893 | +€76,546 | +14.5% |
| Remuneration, social security and pensions | 62 | €88,923 | €100,690 | +€11,767 | +13.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,499 | €29,279 | +€1,781 | +6.5% |
| Other operating charges | 640/8 | €3,539 | €6,447 | +€2,908 | +82.2% |
| Non-recurring operating charges | 66A | - | €63 | +€63 | |
| Gross operating margin | 9900 | €206,225 | €190,105 | -€16,121 | -7.8% |
| Operating profit (loss) | 9901 | €86,265 | €53,625 | -€32,640 | -37.8% |
| Financial income | 75/76B | €149 | €261 | +€112 | +75.2% |
| Recurring financial income | 75 | €149 | €261 | +€112 | +75.2% |
| Financial charges | 65/66B | €2,270 | €2,769 | +€499 | +22.0% |
| Recurring financial charges | 65 | €2,270 | €2,769 | +€499 | +22.0% |
| Profit (loss) for the period before taxes | 9903 | €84,144 | €51,116 | -€33,028 | -39.3% |
| Income taxes | 67/77 | €24,616 | €14,666 | -€9,950 | -40.4% |
| Profit (loss) for the period | 9904 | €59,528 | €36,450 | -€23,077 | -38.8% |
| Profit (loss) for the period to be appropriated | 9905 | €59,528 | €36,450 | -€23,077 | -38.8% |
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 22 October 2026 via checked.be.