hyno: 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.
hyno
Largest movements
- Cash -€38,603
down €38,603 (-64.3%), from €60,045 to €21,442
mainly Contributions, distributions and other (-€30,000) and Tax, wage and social debts (-€9,635)
- Receivables within one year +€8,049
up €8,049 (+58.7%), from €13,722 to €21,771
of which Trade receivables: +€8,201
- Tangible fixed assets -€2,610
down €2,610 (-65.5%), from €3,986 to €1,376
- Reserves -€22,710
down €22,710 (-95.9%), from €23,669 to €959
- Tax, wage and social debts -€9,635
down €9,635 (-53.9%), from €17,892 to €8,257
of which Taxes: -€8,485
- Other debts -€5,000
down €5,000 (-14.3%), from €35,000 to €30,000
- Trade debts +€4,181
up €4,181 (+383%), from €1,092 to €5,273
- Gross operating margin -€6,389
down €6,389 (-27.0%), from €23,653 to €17,264
- Other operating charges -€2,560
down €2,560 (-63.0%), from €4,066 to €1,505
- Depreciation -€831
down €831 (-24.2%), from €3,441 to €2,610
- Financial charges -€592
down €592 (-15.9%), from €3,715 to €3,123
- Taxes -€408
down €408 (-13.0%), from €3,144 to €2,736
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 | €77,753 | €44,589 | -€33,164 | -42.7% |
| Fixed assets | 21/28 | €3,986 | €1,376 | -€2,610 | -65.5% |
| Tangible fixed assets | 22/27 | €3,986 | €1,376 | -€2,610 | -65.5% |
| Furniture and vehicles | 24 | €3,986 | €1,376 | -€2,610 | -65.5% |
| Current assets | 29/58 | €73,767 | €43,213 | -€30,554 | -41.4% |
| Amounts receivable within one year | 40/41 | €13,722 | €21,771 | +€8,049 | +58.7% |
| Trade receivables | 40 | €13,310 | €21,511 | +€8,201 | +61.6% |
| Other amounts receivable | 41 | €412 | €260 | -€152 | -36.9% |
| Cash at bank and in hand | 54/58 | €60,045 | €21,442 | -€38,603 | -64.3% |
| Total equity and liabilities | 10/49 | €77,753 | €44,589 | -€33,164 | -42.7% |
| Equity | 10/15 | €23,769 | €1,059 | -€22,710 | -95.5% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €23,669 | €959 | -€22,710 | -95.9% |
| Distributable reserves | 133 | €23,669 | €959 | -€22,710 | -95.9% |
| Amounts payable | 17/49 | €53,984 | €43,530 | -€10,454 | -19.4% |
| Amounts payable within one year | 42/48 | €53,984 | €43,530 | -€10,454 | -19.4% |
| Trade debts | 44 | €1,092 | €5,273 | +€4,181 | +383% |
| Suppliers | 440/4 | €1,092 | €5,273 | +€4,181 | +383% |
| Taxes, remuneration and social security | 45 | €17,892 | €8,257 | -€9,635 | -53.9% |
| Taxes | 450/3 | €12,142 | €3,657 | -€8,485 | -69.9% |
| Remuneration and social security | 454/9 | €5,750 | €4,600 | -€1,150 | -20.0% |
| Other amounts payable | 47/48 | €35,000 | €30,000 | -€5,000 | -14.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,441 | €2,610 | -€831 | -24.2% |
| Other operating charges | 640/8 | €4,066 | €1,505 | -€2,560 | -63.0% |
| Gross operating margin | 9900 | €23,653 | €17,264 | -€6,389 | -27.0% |
| Operating profit (loss) | 9901 | €16,145 | €13,149 | -€2,997 | -18.6% |
| Financial income | 75/76B | €70 | - | -€70 | |
| Recurring financial income | 75 | €70 | - | -€70 | |
| Financial charges | 65/66B | €3,715 | €3,123 | -€592 | -15.9% |
| Recurring financial charges | 65 | €3,715 | €3,123 | -€592 | -15.9% |
| Profit (loss) for the period before taxes | 9903 | €12,500 | €10,026 | -€2,475 | -19.8% |
| Income taxes | 67/77 | €3,144 | €2,736 | -€408 | -13.0% |
| Profit (loss) for the period | 9904 | €9,357 | €7,290 | -€2,066 | -22.1% |
| Profit (loss) for the period to be appropriated | 9905 | €9,357 | €7,290 | -€2,066 | -22.1% |
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 24 October 2026 via checked.be.