HYGEIA PROJECTS: 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.
HYGEIA PROJECTS
Largest movements
- Tangible fixed assets -€7,115
down €7,115 (-2.7%), from €259,998 to €252,883
of which Land and buildings: -€6,643
- Cash +€3,255
up €3,255 (+20.1%), from €16,221 to €19,476
mainly Net result for the year (+€23,573) and Depreciation (+€7,115)
- Profit (loss) carried forward +€23,573
up €23,573 (+85.5%), from -€27,563 to -€3,990
- Other debts -€22,015
down €22,015 (-29.5%), from €74,606 to €52,591
- Tax, wage and social debts -€4,070
down €4,070 (-95.0%), from €4,286 to €216
- Gross operating margin +€21,541
up €21,541 (+83.3%), from €25,867 to €47,408
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €293,311 | €289,907 | -€3,404 | -1.2% |
| Fixed assets | 21/28 | €260,136 | €253,021 | -€7,115 | -2.7% |
| Tangible fixed assets | 22/27 | €259,998 | €252,883 | -€7,115 | -2.7% |
| Land and buildings | 22 | €259,227 | €252,584 | -€6,643 | -2.6% |
| Furniture and vehicles | 24 | €771 | €299 | -€472 | -61.2% |
| Financial fixed assets | 28 | €138 | €138 | = | 0.0% |
| Current assets | 29/58 | €33,175 | €36,886 | +€3,711 | +11.2% |
| Amounts receivable within one year | 40/41 | €15,702 | €16,198 | +€496 | +3.2% |
| Trade receivables | 40 | €15,602 | €15,286 | -€316 | -2.0% |
| Other amounts receivable | 41 | €100 | €913 | +€813 | +813% |
| Cash at bank and in hand | 54/58 | €16,221 | €19,476 | +€3,255 | +20.1% |
| Deferred charges and accrued income | 490/1 | €1,252 | €1,212 | -€40 | -3.2% |
| Total equity and liabilities | 10/49 | €293,311 | €289,907 | -€3,404 | -1.2% |
| Equity | 10/15 | -€8,963 | €14,610 | +€23,573 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,563 | -€3,990 | +€23,573 | +85.5% |
| Amounts payable | 17/49 | €302,274 | €275,297 | -€26,976 | -8.9% |
| Amounts payable after more than one year | 17 | €213,750 | €213,750 | = | 0.0% |
| Financial debts | 170/4 | €213,750 | €213,750 | = | 0.0% |
| Amounts payable within one year | 42/48 | €81,448 | €56,399 | -€25,048 | -30.8% |
| Trade debts | 44 | €2,556 | €3,592 | +€1,037 | +40.6% |
| Suppliers | 440/4 | €2,556 | €3,592 | +€1,037 | +40.6% |
| Taxes, remuneration and social security | 45 | €4,286 | €216 | -€4,070 | -95.0% |
| Taxes | 450/3 | €4,286 | €216 | -€4,070 | -95.0% |
| Other amounts payable | 47/48 | €74,606 | €52,591 | -€22,015 | -29.5% |
| Accrued charges and deferred income | 492/3 | €7,076 | €5,148 | -€1,928 | -27.2% |
| Non-recurring operating income | 76A | €11,206 | - | -€11,206 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,115 | €7,115 | = | 0.0% |
| Other operating charges | 640/8 | €2,368 | €1,926 | -€442 | -18.6% |
| Gross operating margin | 9900 | €25,867 | €47,408 | +€21,541 | +83.3% |
| Operating profit (loss) | 9901 | €16,385 | €38,367 | +€21,983 | +134% |
| Financial income | 75/76B | €4 | - | -€4 | |
| Recurring financial income | 75 | €4 | - | -€4 | |
| Financial charges | 65/66B | €14,426 | €14,751 | +€325 | +2.3% |
| Recurring financial charges | 65 | €14,426 | €14,751 | +€325 | +2.3% |
| Profit (loss) for the period before taxes | 9903 | €1,962 | €23,616 | +€21,654 | +1,104% |
| Income taxes | 67/77 | €173 | €43 | -€130 | -75.0% |
| Profit (loss) for the period | 9904 | €1,789 | €23,573 | +€21,784 | +1,218% |
| Profit (loss) for the period to be appropriated | 9905 | €1,789 | €23,573 | +€21,784 | +1,218% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.