HYGIE: 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.
HYGIE
Largest movements
- Cash +€5,570
up €5,570 (+108%), from €5,134 to €10,704
mainly Tax, wage and social debts (+€31,181) and Depreciation (+€4,933)
- Receivables within one year +€4,681
up €4,681 (+13.6%), from €34,397 to €39,078
of which Trade receivables: +€4,919
- Intangible fixed assets -€2,508
down €2,508 (-100%), from €2,508 to €0
- Tangible fixed assets -€2,269
down €2,269 (-40.8%), from €5,562 to €3,293
of which Plant, machinery and equipment: -€2,072
- Stocks and contracts -€1,500
down €1,500 (-100%), from €1,500 to €0
- Tax, wage and social debts +€31,181
up €31,181 (+132%), from €23,587 to €54,768
of which Remuneration and social security: +€30,324
- Trade debts -€10,329
down €10,329 (-32.9%), from €31,409 to €21,080
- Short-term financial debts -€10,026
down €10,026 (-31.6%), from €31,778 to €21,752
- Debts after one year -€8,381
down €8,381 (-45.3%), from €18,492 to €10,111
of which Financial debts: -€8,381
- Other debts +€1,417
up €1,417 (+60.4%), from €2,347 to €3,764
- Staff costs -€135,041
down €135,041 (-36.6%), from €369,395 to €234,354
- Gross operating margin -€57,876
down €57,876 (-18.6%), from €310,483 to €252,607
- Depreciation -€16,946
down €16,946 (-77.5%), from €21,879 to €4,933
- Financial charges +€4,207
up €4,207 (+57.3%), from €7,342 to €11,549
- Other operating charges -€3,212
down €3,212 (-68.6%), from €4,679 to €1,467
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 | €50,923 | €55,368 | +€4,445 | +8.7% |
| Fixed assets | 21/28 | €8,245 | €3,293 | -€4,952 | -60.1% |
| Intangible fixed assets | 21 | €2,508 | €0 | -€2,508 | -100% |
| Tangible fixed assets | 22/27 | €5,562 | €3,293 | -€2,269 | -40.8% |
| Plant, machinery and equipment | 23 | €4,606 | €2,534 | -€2,072 | -45.0% |
| Furniture and vehicles | 24 | €956 | €759 | -€197 | -20.6% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Financial fixed assets | 28 | €175 | €0 | -€175 | -100% |
| Current assets | 29/58 | €42,678 | €52,075 | +€9,397 | +22.0% |
| Stocks and contracts in progress | 3 | €1,500 | €0 | -€1,500 | -100% |
| Stocks | 30/36 | €1,500 | €0 | -€1,500 | -100% |
| Amounts receivable within one year | 40/41 | €34,397 | €39,078 | +€4,681 | +13.6% |
| Trade receivables | 40 | €32,975 | €37,894 | +€4,919 | +14.9% |
| Other amounts receivable | 41 | €1,423 | €1,185 | -€238 | -16.7% |
| Cash at bank and in hand | 54/58 | €5,134 | €10,704 | +€5,570 | +108% |
| Deferred charges and accrued income | 490/1 | €1,647 | €2,293 | +€646 | +39.3% |
| Total equity and liabilities | 10/49 | €50,923 | €55,368 | +€4,445 | +8.7% |
| Equity | 10/15 | -€64,794 | -€64,933 | -€139 | -0.2% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€79,794 | -€79,933 | -€139 | -0.2% |
| Amounts payable | 17/49 | €115,717 | €120,301 | +€4,584 | +4.0% |
| Amounts payable after more than one year | 17 | €18,492 | €10,111 | -€8,381 | -45.3% |
| Financial debts | 170/4 | €13,399 | €5,018 | -€8,381 | -62.6% |
| Other amounts payable | 178/9 | €5,093 | €5,093 | = | 0.0% |
| Amounts payable within one year | 42/48 | €97,225 | €109,744 | +€12,519 | +12.9% |
| Current portion of amounts payable after more than one year | 42 | €8,105 | €8,381 | +€276 | +3.4% |
| Financial debts | 43 | €31,778 | €21,752 | -€10,026 | -31.6% |
| Credit institutions | 430/8 | €31,778 | €21,752 | -€10,026 | -31.6% |
| Trade debts | 44 | €31,409 | €21,080 | -€10,329 | -32.9% |
| Suppliers | 440/4 | €31,409 | €21,080 | -€10,329 | -32.9% |
| Taxes, remuneration and social security | 45 | €23,587 | €54,768 | +€31,181 | +132% |
| Taxes | 450/3 | €983 | €1,839 | +€856 | +87.1% |
| Remuneration and social security | 454/9 | €22,604 | €52,928 | +€30,324 | +134% |
| Other amounts payable | 47/48 | €2,347 | €3,764 | +€1,417 | +60.4% |
| Accrued charges and deferred income | 492/3 | - | €446 | +€446 | |
| Non-recurring operating income | 76A | €10,132 | €0 | -€10,132 | -100% |
| Remuneration, social security and pensions | 62 | €369,395 | €234,354 | -€135,041 | -36.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,879 | €4,933 | -€16,946 | -77.5% |
| Other operating charges | 640/8 | €4,679 | €1,467 | -€3,212 | -68.6% |
| Non-recurring operating charges | 66A | €2,053 | €338 | -€1,714 | -83.5% |
| Gross operating margin | 9900 | €310,483 | €252,607 | -€57,876 | -18.6% |
| Operating profit (loss) | 9901 | -€87,522 | €11,515 | +€99,037 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €7,342 | €11,549 | +€4,207 | +57.3% |
| Recurring financial charges | 65 | €7,342 | €11,549 | +€4,207 | +57.3% |
| Profit (loss) for the period before taxes | 9903 | -€94,864 | -€33 | +€94,830 | +100.0% |
| Income taxes | 67/77 | €189 | €106 | -€83 | -44.0% |
| Profit (loss) for the period | 9904 | -€95,053 | -€139 | +€94,914 | +99.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€95,053 | -€139 | +€94,914 | +99.9% |
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 24 October 2026 via checked.be.