Hynternet: 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.
Hynternet
Largest movements
- Current investments -€1.0m
down €1.0m (-80.0%), from €1.3m to €250,000
- Financial fixed assets +€668,104
up €668,104 (+34.0%), from €2.0m to €2.6m
- Cash +€36,761
up €36,761 (+21.1%), from €174,368 to €211,129
mainly Current investments (+€1.0m) and Other debts (+€653,239)
- Profit (loss) carried forward -€737,023
down €737,023 (-35.6%), from €2.1m to €1.3m
- Other debts +€653,239
new in 2025: €653,239
- Debts after one year -€378,350
down €378,350 (-95.3%), from €397,090 to €18,740
- Tax, wage and social debts +€151,988
up €151,988 (+571.2%), from €26,609 to €178,597
- Financial charges +€1.2m
up €1.2m (+13631.4%), from €8,692 to €1.2m
of which Non-recurring financial charges: +€1.2m
- Financial income +€657,012
up €657,012 (+310.0%), from €211,925 to €868,937
- Gross operating margin +€29,609
up €29,609 (+51.1%), from €57,934 to €87,543
- Taxes -€23,567
no longer reported in 2025 (was €23,567)
- Other operating charges -€1,928
no longer reported in 2025 (was €1,928)
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 | €3,484,126 | €3,173,992 | -€310,134 | -8.9% |
| Fixed assets | 21/28 | €1,962,140 | €2,630,243 | +€668,104 | +34.0% |
| Financial fixed assets | 28 | €1,962,140 | €2,630,243 | +€668,104 | +34.0% |
| Current assets | 29/58 | €1,521,986 | €543,749 | -€978,237 | -64.3% |
| Amounts receivable within one year | 40/41 | €83,956 | €82,620 | -€1,336 | -1.6% |
| Trade receivables | 40 | €74,754 | €72,599 | -€2,155 | -2.9% |
| Other amounts receivable | 41 | €9,203 | €10,021 | +€819 | +8.9% |
| Current investments | 50/53 | €1,250,000 | €250,000 | -€1.0m | -80.0% |
| Cash at bank and in hand | 54/58 | €174,368 | €211,129 | +€36,761 | +21.1% |
| Deferred charges and accrued income | 490/1 | €13,662 | - | -€13,662 | |
| Total equity and liabilities | 10/49 | €3,484,126 | €3,173,992 | -€310,134 | -8.9% |
| Equity | 10/15 | €3,060,367 | €2,323,344 | -€737,023 | -24.1% |
| Contributions | 10/11 | €753,557 | €753,557 | = | 0.0% |
| Reserves | 13 | €235,673 | €235,673 | = | 0.0% |
| Distributable reserves | 133 | €235,673 | €235,673 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,071,138 | €1,334,115 | -€737,023 | -35.6% |
| Amounts payable | 17/49 | €423,759 | €850,648 | +€426,889 | +100.7% |
| Amounts payable after more than one year | 17 | €397,090 | €18,740 | -€378,350 | -95.3% |
| Financial debts | 170/4 | €397,090 | €18,740 | -€378,350 | -95.3% |
| Amounts payable within one year | 42/48 | €26,669 | €831,908 | +€805,239 | +3019.4% |
| Trade debts | 44 | €60 | €72 | +€12 | +20.1% |
| Suppliers | 440/4 | €60 | €72 | +€12 | +20.1% |
| Taxes, remuneration and social security | 45 | €26,609 | €178,597 | +€151,988 | +571.2% |
| Taxes | 450/3 | €26,609 | €178,597 | +€151,988 | +571.2% |
| Other amounts payable | 47/48 | - | €653,239 | +€653,239 | |
| Non-recurring operating income | 76A | - | €2,000 | +€2,000 | |
| Other operating charges | 640/8 | €1,928 | - | -€1,928 | |
| Gross operating margin | 9900 | €57,934 | €87,543 | +€29,609 | +51.1% |
| Operating profit (loss) | 9901 | €56,006 | €87,543 | +€31,536 | +56.3% |
| Financial income | 75/76B | €211,925 | €868,937 | +€657,012 | +310.0% |
| Recurring financial income | 75 | €211,925 | €868,937 | +€657,012 | +310.0% |
| Financial charges | 65/66B | €8,692 | €1,193,503 | +€1.2m | +13631.4% |
| Recurring financial charges | 65 | €8,692 | €19,884 | +€11,192 | +128.8% |
| Non-recurring financial charges | 66B | - | €1,173,619 | +€1.2m | |
| Profit (loss) for the period before taxes | 9903 | €259,240 | -€237,023 | -€496,263 | |
| Income taxes | 67/77 | €23,567 | - | -€23,567 | |
| Profit (loss) for the period | 9904 | €235,673 | -€237,023 | -€472,695 | |
| Profit (loss) for the period to be appropriated | 9905 | €235,673 | -€237,023 | -€472,695 |
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 4 October 2026 via checked.be.