Skip to content

Hyloris Developments: 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.

What changed

Hyloris Developments

BE 0542.737.368
NACE 21.201, Manufacture of basic pharmaceutical products and pharmaceutical preparations
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€5.3m
2024 · -€5.8m+€563,253
Equity
€17.9m
2024 · €3.2m+€14.7m
Cash
€1.6m
2024 · €366,243+€1.3m
Balance sheet total
€20.6m
2024 · €10.1m+€10.5m

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€10.0m

    up €10.0m (+266.8%), from €3.7m to €13.7m

    of which Other amounts receivable: +€9.0m

  • Cash +€1.3m

    up €1.3m (+343.8%), from €366,243 to €1.6m

    mainly Contributions, distributions and other (+€20.0m) and Depreciation (+€9.6m)

  • Intangible fixed assets -€518,649

    down €518,649 (-13.5%), from €3.9m to €3.3m

  • Deferred charges and accrued income -€293,096

    down €293,096 (-95.0%), from €308,401 to €15,305

Equity and liabilities
  • Profit (loss) carried forward +€15.2m

    up €15.2m (+57.7%), from -€26.3m to -€11.1m

  • Other debts -€2.2m

    down €2.2m (-99.9%), from €2.2m to €2,011

  • Trade debts -€2.0m

    down €2.0m (-45.5%), from €4.4m to €2.4m

  • Contributions -€495,287

    down €495,287 (-1.7%), from €29.6m to €29.1m

Income statement
  • Purchases and services +€9.6m

    new in 2025: €9.6m

  • Turnover +€5.1m

    new in 2025: €5.1m

  • Gross operating margin +€1.4m

    up €1.4m (+33.3%), from €4.1m to €5.5m

  • Depreciation +€755,711

    up €755,711 (+8.6%), from €8.8m to €9.6m

  • Financial income +€193,951

    up €193,951 (+131.3%), from €147,763 to €341,714

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€5.8m
Gross operating margin +€1.4m
Staff costs -€174,324
Depreciation -€755,711
Other operating charges +€23,346
Financial income +€193,951
Financial charges -€80,573
Taxes -€5,733
Result 2025 -€5.3m

Cash bridge derived

cash 2024 to 2025

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.

From operations -€9.8m
Investment -€9.0m
Financing +€20.0m
Cash 2024 €366,243
Net result for the year -€5.3m
Depreciation +€9.6m
Receivables after one year -€160,383
Receivables within one year -€10.0m
Deferred charges and accrued income +€293,096
Trade debts -€2.0m
Tax, wage and social debts +€47,931
Other debts -€2.2m
Investment in fixed assets (net) -€9.0m
Contributions, distributions and other +€20.0m
Cash 2025 €1.6m
Every line side by side 46 lines
Line Code 2024 2025 Change %
Total assets 20/58 €10,087,306 €20,601,438 +€10.5m +104.2%
Fixed assets 21/28 €4,117,907 €3,527,570 -€590,337 -14.3%
Intangible fixed assets 21 €3,852,057 €3,333,408 -€518,649 -13.5%
Tangible fixed assets 22/27 €251,069 €179,381 -€71,688 -28.6%
Plant, machinery and equipment 23 €201,771 €134,737 -€67,034 -33.2%
Furniture and vehicles 24 €36,905 €33,709 -€3,196 -8.7%
Other tangible fixed assets 26 €12,393 €10,935 -€1,458 -11.8%
Financial fixed assets 28 €14,781 €14,781 = 0.0%
Current assets 29/58 €5,969,399 €17,073,868 +€11.1m +186.0%
Amounts receivable after more than one year 29 €1,555,415 €1,715,798 +€160,383 +10.3%
Other amounts receivable 291 €1,555,415 €1,715,798 +€160,383 +10.3%
Amounts receivable within one year 40/41 €3,739,340 €13,717,469 +€10.0m +266.8%
Trade receivables 40 €2,961,694 €3,931,157 +€969,463 +32.7%
Other amounts receivable 41 €777,646 €9,786,312 +€9.0m +1158.5%
Cash at bank and in hand 54/58 €366,243 €1,625,296 +€1.3m +343.8%
Deferred charges and accrued income 490/1 €308,401 €15,305 -€293,096 -95.0%
Total equity and liabilities 10/49 €10,087,306 €20,601,438 +€10.5m +104.2%
Equity 10/15 €3,221,409 €17,935,334 +€14.7m +456.8%
Contributions 10/11 €29,566,024 €29,070,737 -€495,287 -1.7%
Capital 10 €29,566,024 €29,070,737 -€495,287 -1.7%
Issued capital 100 €29,566,024 €29,070,737 -€495,287 -1.7%
Profit (loss) carried forward 14 -€26,344,615 -€11,135,403 +€15.2m +57.7%
Amounts payable 17/49 €6,865,897 €2,666,104 -€4.2m -61.2%
Amounts payable within one year 42/48 €6,865,897 €2,666,104 -€4.2m -61.2%
Trade debts 44 €4,401,824 €2,399,041 -€2.0m -45.5%
Suppliers 440/4 €4,401,824 €2,399,041 -€2.0m -45.5%
Taxes, remuneration and social security 45 €217,121 €265,052 +€47,931 +22.1%
Taxes 450/3 €6,808 €10,617 +€3,809 +55.9%
Remuneration and social security 454/9 €210,313 €254,435 +€44,122 +21.0%
Other amounts payable 47/48 €2,246,952 €2,011 -€2.2m -99.9%
Turnover 70 - €5,058,073 +€5.1m
Non-recurring operating income 76A €8,087 - -€8,087
Goods, raw materials, services and sundry goods 60/61 - €9,596,965 +€9.6m
Remuneration, social security and pensions 62 €1,231,519 €1,405,843 +€174,324 +14.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €8,806,382 €9,562,093 +€755,711 +8.6%
Other operating charges 640/8 €25,094 €1,748 -€23,346 -93.0%
Gross operating margin 9900 €4,093,114 €5,455,411 +€1.4m +33.3%
Operating profit (loss) 9901 -€5,969,881 -€5,514,273 +€455,608 +7.6%
Financial income 75/76B €147,763 €341,714 +€193,951 +131.3%
Recurring financial income 75 €147,763 €341,714 +€193,951 +131.3%
Financial charges 65/66B €335,626 €416,199 +€80,573 +24.0%
Recurring financial charges 65 €335,626 €416,199 +€80,573 +24.0%
Profit (loss) for the period before taxes 9903 -€6,157,744 -€5,588,758 +€568,986 +9.2%
Income taxes 67/77 -€308,416 -€302,683 +€5,733 +1.9%
Profit (loss) for the period 9904 -€5,849,328 -€5,286,075 +€563,253 +9.6%
Profit (loss) for the period to be appropriated 9905 -€5,849,328 -€5,286,075 +€563,253 +9.6%

Source: filed annual accounts (NBB), fiscal 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 September 2026 via checked.be.