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
- Financial fixed assets -€85,610
down €85,610 (-52.1%), from €164,205 to €78,594
- Receivables within one year +€50,475
up €50,475 (+145%), from €34,903 to €85,379
of which Other amounts receivable: +€25,784
- Cash +€30,001
up €30,001 (+207%), from €14,527 to €44,528
mainly Investment in fixed assets (net) (+€85,610) and Net result for the year (+€6,803)
- Debts after one year -€20,031
down €20,031 (-17.1%), from €117,284 to €97,252
- Profit (loss) carried forward +€6,803
up €6,803 (+12.9%), from €52,535 to €59,338
- Tax, wage and social debts +€4,640
up €4,640 (+20.6%), from €22,566 to €27,206
- Gross operating margin -€59,943
down €59,943 (-77.5%), from €77,364 to €17,421
- Taxes -€15,555
down €15,555 (-81.9%), from €18,988 to €3,433
- Financial charges +€1,537
up €1,537 (+52.9%), from €2,906 to €4,443
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 | €215,635 | €208,501 | -€7,134 | -3.3% |
| Fixed assets | 21/28 | €166,205 | €78,594 | -€87,610 | -52.7% |
| Tangible fixed assets | 22/27 | €2,000 | - | -€2,000 | |
| Furniture and vehicles | 24 | €2,000 | - | -€2,000 | |
| Financial fixed assets | 28 | €164,205 | €78,594 | -€85,610 | -52.1% |
| Current assets | 29/58 | €49,430 | €129,907 | +€80,476 | +163% |
| Amounts receivable within one year | 40/41 | €34,903 | €85,379 | +€50,475 | +145% |
| Trade receivables | 40 | €8,326 | €33,017 | +€24,691 | +297% |
| Other amounts receivable | 41 | €26,577 | €52,362 | +€25,784 | +97.0% |
| Cash at bank and in hand | 54/58 | €14,527 | €44,528 | +€30,001 | +207% |
| Total equity and liabilities | 10/49 | €215,635 | €208,501 | -€7,134 | -3.3% |
| Equity | 10/15 | €56,435 | €63,238 | +€6,803 | +12.1% |
| Contributions | 10/11 | €3,900 | €3,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,535 | €59,338 | +€6,803 | +12.9% |
| Amounts payable | 17/49 | €159,200 | €145,263 | -€13,937 | -8.8% |
| Amounts payable after more than one year | 17 | €117,284 | €97,252 | -€20,031 | -17.1% |
| Financial debts | 170/4 | €117,284 | €97,252 | -€20,031 | -17.1% |
| Amounts payable within one year | 42/48 | €41,916 | €48,010 | +€6,094 | +14.5% |
| Current portion of amounts payable after more than one year | 42 | €19,350 | €20,031 | +€682 | +3.5% |
| Trade debts | 44 | - | €773 | +€773 | |
| Suppliers | 440/4 | - | €773 | +€773 | |
| Taxes, remuneration and social security | 45 | €22,566 | €27,206 | +€4,640 | +20.6% |
| Taxes | 450/3 | €22,566 | €27,206 | +€4,640 | +20.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,000 | €2,000 | = | 0.0% |
| Other operating charges | 640/8 | €935 | €744 | -€190 | -20.4% |
| Operating charges capitalised as restructuring costs | 649 | €0 | - | = | |
| Gross operating margin | 9900 | €77,364 | €17,421 | -€59,943 | -77.5% |
| Operating profit (loss) | 9901 | €74,429 | €14,676 | -€59,753 | -80.3% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €2,906 | €4,443 | +€1,537 | +52.9% |
| Recurring financial charges | 65 | €2,906 | €4,443 | +€1,537 | +52.9% |
| Profit (loss) for the period before taxes | 9903 | €71,523 | €10,236 | -€61,287 | -85.7% |
| Income taxes | 67/77 | €18,988 | €3,433 | -€15,555 | -81.9% |
| Profit (loss) for the period | 9904 | €52,535 | €6,803 | -€45,732 | -87.1% |
| Profit (loss) for the period to be appropriated | 9905 | €52,535 | €6,803 | -€45,732 | -87.1% |
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 30 October 2026 via checked.be.