HYK: what changed
Two fiscal 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.
HYK
Largest movements
- Receivables within one year -€107,174
down €107,174 (-58.4%), from €183,366 to €76,192
of which Other amounts receivable: -€128,788
- Tangible fixed assets -€27,139
down €27,139 (-10.7%), from €253,494 to €226,355
of which Plant, machinery and equipment: -€17,491
- Cash +€10,694
up €10,694 (+546.7%), from €1,956 to €12,650
mainly Receivables within one year (+€107,174) and Depreciation (+€38,443)
- Deferred charges and accrued income +€5,688
new in 2025: €5,688
- Other debts -€74,490
down €74,490 (-23.2%), from €321,686 to €247,197
- Tax, wage and social debts -€24,048
down €24,048 (-58.3%), from €41,245 to €17,197
of which Remuneration and social security: -€19,052
- Trade debts -€20,691
down €20,691 (-19.0%), from €108,850 to €88,159
- Gross operating margin +€47,075
up €47,075 (+160.2%), from €29,393 to €76,468
- Taxes -€1,112
down €1,112, from €556 to -€556
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.
Cash bridge derived
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 | €438,816 | €320,885 | -€117,931 | -26.9% |
| Fixed assets | 21/28 | €253,494 | €226,355 | -€27,139 | -10.7% |
| Tangible fixed assets | 22/27 | €253,494 | €226,355 | -€27,139 | -10.7% |
| Plant, machinery and equipment | 23 | €183,494 | €166,002 | -€17,491 | -9.5% |
| Other tangible fixed assets | 26 | €70,000 | €60,353 | -€9,648 | -13.8% |
| Current assets | 29/58 | €185,322 | €94,530 | -€90,792 | -49.0% |
| Amounts receivable within one year | 40/41 | €183,366 | €76,192 | -€107,174 | -58.4% |
| Trade receivables | 40 | €30,966 | €52,580 | +€21,614 | +69.8% |
| Other amounts receivable | 41 | €152,400 | €23,612 | -€128,788 | -84.5% |
| Cash at bank and in hand | 54/58 | €1,956 | €12,650 | +€10,694 | +546.7% |
| Deferred charges and accrued income | 490/1 | - | €5,688 | +€5,688 | |
| Total equity and liabilities | 10/49 | €438,816 | €320,885 | -€117,931 | -26.9% |
| Equity | 10/15 | -€48,966 | -€47,668 | +€1,298 | +2.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Outside capital | 11 | €2,000 | €2,000 | = | 0.0% |
| Other | 1109/19 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €3,105 | €3,105 | = | 0.0% |
| Distributable reserves | 133 | €3,105 | €3,105 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€54,071 | -€52,773 | +€1,298 | +2.4% |
| Amounts payable | 17/49 | €487,782 | €368,553 | -€119,229 | -24.4% |
| Amounts payable within one year | 42/48 | €487,782 | €368,553 | -€119,229 | -24.4% |
| Financial debts | 43 | €16,000 | €16,000 | = | 0.0% |
| Other loans | 439 | €16,000 | €16,000 | = | 0.0% |
| Trade debts | 44 | €108,850 | €88,159 | -€20,691 | -19.0% |
| Suppliers | 440/4 | €108,850 | €88,159 | -€20,691 | -19.0% |
| Taxes, remuneration and social security | 45 | €41,245 | €17,197 | -€24,048 | -58.3% |
| Taxes | 450/3 | €18,556 | €13,559 | -€4,997 | -26.9% |
| Remuneration and social security | 454/9 | €22,690 | €3,638 | -€19,052 | -84.0% |
| Other amounts payable | 47/48 | €321,686 | €247,197 | -€74,490 | -23.2% |
| Remuneration, social security and pensions | 62 | €33,440 | €32,932 | -€508 | -1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,259 | €38,443 | +€184 | +0.5% |
| Other operating charges | 640/8 | €2,894 | €2,877 | -€17 | -0.6% |
| Gross operating margin | 9900 | €29,393 | €76,468 | +€47,075 | +160.2% |
| Operating profit (loss) | 9901 | -€45,200 | €2,215 | +€47,416 | |
| Financial income | 75/76B | €1 | €160 | +€159 | +21489.2% |
| Recurring financial income | 75 | €1 | €160 | +€159 | +21489.2% |
| Financial charges | 65/66B | €1,554 | €1,633 | +€79 | +5.1% |
| Recurring financial charges | 65 | €1,554 | €1,633 | +€79 | +5.1% |
| Profit (loss) for the period before taxes | 9903 | -€46,753 | €742 | +€47,496 | |
| Income taxes | 67/77 | €556 | -€556 | -€1,112 | |
| Profit (loss) for the period | 9904 | -€47,309 | €1,298 | +€48,607 | |
| Profit (loss) for the period to be appropriated | 9905 | -€47,309 | €1,298 | +€48,607 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.