HYFE-N: 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.
HYFE-N
Largest movements
- Receivables within one year +€7,536
up €7,536, from €0 to €7,536
of which Trade receivables: +€7,507
- Tangible fixed assets +€1,744
new in 2025: €1,744
- Cash -€843
down €843 (-88.5%), from €952 to €109
mainly Other debts (-€8,008) and Receivables within one year (-€7,536)
- Deferred charges and accrued income -€661
down €661 (-42.8%), from €1,545 to €884
- Profit (loss) carried forward +€13,554
up €13,554 (+29.2%), from -€46,468 to -€32,914
- Other debts -€8,008
down €8,008 (-27.9%), from €28,700 to €20,692
- Tax, wage and social debts +€1,924
up €1,924 (+195%), from €984 to €2,908
- Trade debts +€306
up €306 (+45.0%), from €680 to €986
- Gross operating margin +€12,735
up €12,735 (+479%), from €2,660 to €15,394
- Other operating charges +€601
up €601 (+157%), from €384 to €985
- Depreciation +€529
new in 2025: €529
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 | €2,497 | €10,272 | +€7,776 | +311% |
| Fixed assets | 21/28 | - | €1,744 | +€1,744 | |
| Tangible fixed assets | 22/27 | - | €1,744 | +€1,744 | |
| Furniture and vehicles | 24 | - | €1,744 | +€1,744 | |
| Current assets | 29/58 | €2,497 | €8,528 | +€6,032 | +242% |
| Amounts receivable within one year | 40/41 | €0 | €7,536 | +€7,536 | |
| Trade receivables | 40 | €0 | €7,507 | +€7,507 | |
| Other amounts receivable | 41 | €0 | €29 | +€29 | |
| Cash at bank and in hand | 54/58 | €952 | €109 | -€843 | -88.5% |
| Deferred charges and accrued income | 490/1 | €1,545 | €884 | -€661 | -42.8% |
| Total equity and liabilities | 10/49 | €2,497 | €10,272 | +€7,776 | +311% |
| Equity | 10/15 | -€27,868 | -€14,314 | +€13,554 | +48.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€46,468 | -€32,914 | +€13,554 | +29.2% |
| Amounts payable | 17/49 | €30,364 | €24,586 | -€5,779 | -19.0% |
| Amounts payable within one year | 42/48 | €30,364 | €24,586 | -€5,779 | -19.0% |
| Trade debts | 44 | €680 | €986 | +€306 | +45.0% |
| Suppliers | 440/4 | €680 | €986 | +€306 | +45.0% |
| Taxes, remuneration and social security | 45 | €984 | €2,908 | +€1,924 | +195% |
| Taxes | 450/3 | €984 | €2,908 | +€1,924 | +195% |
| Other amounts payable | 47/48 | €28,700 | €20,692 | -€8,008 | -27.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €529 | +€529 | |
| Other operating charges | 640/8 | €384 | €985 | +€601 | +157% |
| Gross operating margin | 9900 | €2,660 | €15,394 | +€12,735 | +479% |
| Operating profit (loss) | 9901 | €2,276 | €13,880 | +€11,604 | +510% |
| Financial income | 75/76B | - | €26 | +€26 | |
| Recurring financial income | 75 | - | €26 | +€26 | |
| Financial charges | 65/66B | €190 | €211 | +€21 | +11.1% |
| Recurring financial charges | 65 | €190 | €211 | +€21 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | €2,086 | €13,695 | +€11,609 | +556% |
| Income taxes | 67/77 | €187 | €141 | -€46 | -24.6% |
| Profit (loss) for the period | 9904 | €1,899 | €13,554 | +€11,655 | +614% |
| Profit (loss) for the period to be appropriated | 9905 | €1,899 | €13,554 | +€11,655 | +614% |
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 20 October 2026 via checked.be.