Hygieneworks: 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.
Hygieneworks
Largest movements
- Receivables within one year +€18,200
up €18,200 (+57.6%), from €31,570 to €49,770
- Tangible fixed assets -€8,744
down €8,744 (-77.8%), from €11,241 to €2,497
- Cash +€7,199
up €7,199 (+38.0%), from €18,923 to €26,122
mainly Net result for the year (+€17,602) and Depreciation (+€10,043)
- Reserves +€17,602
up €17,602 (+40.7%), from €43,262 to €60,864
- Tax, wage and social debts +€7,236
up €7,236 (+53.1%), from €13,631 to €20,867
- Debts after one year -€4,819
down €4,819 (-100%), from €4,819 to €0
- Current portion of long-term debt -€3,136
down €3,136 (-39.4%), from €7,955 to €4,819
- Gross operating margin -€18,047
down €18,047 (-33.9%), from €53,173 to €35,126
- Taxes -€3,231
down €3,231 (-30.6%), from €10,563 to €7,332
- Financial income +€876
up €876 (+66.9%), from €1,308 to €2,184
- Other operating charges +€560
up €560 (+49.8%), from €1,123 to €1,683
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 | €71,526 | €87,961 | +€16,434 | +23.0% |
| Fixed assets | 21/28 | €11,241 | €2,497 | -€8,744 | -77.8% |
| Tangible fixed assets | 22/27 | €11,241 | €2,497 | -€8,744 | -77.8% |
| Furniture and vehicles | 24 | €11,241 | €2,497 | -€8,744 | -77.8% |
| Current assets | 29/58 | €60,286 | €85,464 | +€25,178 | +41.8% |
| Amounts receivable within one year | 40/41 | €31,570 | €49,770 | +€18,200 | +57.6% |
| Other amounts receivable | 41 | €31,570 | €49,770 | +€18,200 | +57.6% |
| Cash at bank and in hand | 54/58 | €18,923 | €26,122 | +€7,199 | +38.0% |
| Deferred charges and accrued income | 490/1 | €9,792 | €9,571 | -€221 | -2.3% |
| Total equity and liabilities | 10/49 | €71,526 | €87,961 | +€16,434 | +23.0% |
| Equity | 10/15 | €44,262 | €61,864 | +€17,602 | +39.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €43,262 | €60,864 | +€17,602 | +40.7% |
| Distributable reserves | 133 | €43,262 | €60,864 | +€17,602 | +40.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €27,265 | €26,097 | -€1,168 | -4.3% |
| Amounts payable after more than one year | 17 | €4,819 | €0 | -€4,819 | -100% |
| Financial debts | 170/4 | €4,819 | €0 | -€4,819 | -100% |
| Amounts payable within one year | 42/48 | €22,445 | €26,097 | +€3,651 | +16.3% |
| Current portion of amounts payable after more than one year | 42 | €7,955 | €4,819 | -€3,136 | -39.4% |
| Trade debts | 44 | - | €411 | +€411 | |
| Suppliers | 440/4 | - | €411 | +€411 | |
| Taxes, remuneration and social security | 45 | €13,631 | €20,867 | +€7,236 | +53.1% |
| Taxes | 450/3 | €13,631 | €20,867 | +€7,236 | +53.1% |
| Other amounts payable | 47/48 | €859 | €0 | -€859 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,668 | €10,043 | +€374 | +3.9% |
| Other operating charges | 640/8 | €1,123 | €1,683 | +€560 | +49.8% |
| Gross operating margin | 9900 | €53,173 | €35,126 | -€18,047 | -33.9% |
| Operating profit (loss) | 9901 | €42,381 | €23,401 | -€18,981 | -44.8% |
| Financial income | 75/76B | €1,308 | €2,184 | +€876 | +66.9% |
| Recurring financial income | 75 | €1,308 | €2,184 | +€876 | +66.9% |
| Financial charges | 65/66B | €858 | €650 | -€208 | -24.2% |
| Recurring financial charges | 65 | €858 | €650 | -€208 | -24.2% |
| Profit (loss) for the period before taxes | 9903 | €42,831 | €24,934 | -€17,897 | -41.8% |
| Income taxes | 67/77 | €10,563 | €7,332 | -€3,231 | -30.6% |
| Profit (loss) for the period | 9904 | €32,268 | €17,602 | -€14,666 | -45.5% |
| Profit (loss) for the period to be appropriated | 9905 | €32,268 | €17,602 | -€14,666 | -45.5% |
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 16 October 2026 via checked.be.