HYODE: 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.
HYODE
Largest movements
- Cash -€17,193
down €17,193 (-95.5%), from €18,011 to €818
mainly Other debts (-€94,656) and Trade debts (-€3,076)
- Receivables within one year -€15,698
down €15,698 (-21.0%), from €74,814 to €59,116
of which Trade receivables: -€13,239
- Stocks and contracts -€4,914
down €4,914 (-44.9%), from €10,944 to €6,030
- Other debts -€94,656
down €94,656 (-37.8%), from €250,121 to €155,465
- Profit (loss) carried forward +€53,925
up €53,925 (+2.7%), from -€2.0m to -€1.9m
- Tax, wage and social debts +€6,004
up €6,004 (+88.9%), from €6,756 to €12,760
- Trade debts -€3,076
down €3,076 (-65.4%), from €4,706 to €1,630
- Gross operating margin -€76,600
down €76,600 (-51.2%), from €149,654 to €73,054
- Taxes +€12,760
new in 2025: €12,760
- Write-downs +€4,914
new in 2025: €4,914
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 | €143,704 | €105,900 | -€37,804 | -26.3% |
| Fixed assets | 21/28 | €25,090 | €25,090 | = | 0.0% |
| Tangible fixed assets | 22/27 | €1 | €1 | = | 0.0% |
| Furniture and vehicles | 24 | €1 | €1 | = | 0.0% |
| Financial fixed assets | 28 | €25,089 | €25,089 | = | 0.0% |
| Current assets | 29/58 | €118,615 | €80,811 | -€37,804 | -31.9% |
| Amounts receivable after more than one year | 29 | €1 | €1 | = | 0.0% |
| Other amounts receivable | 291 | €1 | €1 | = | 0.0% |
| Stocks and contracts in progress | 3 | €10,944 | €6,030 | -€4,914 | -44.9% |
| Stocks | 30/36 | €10,944 | €6,030 | -€4,914 | -44.9% |
| Amounts receivable within one year | 40/41 | €74,814 | €59,116 | -€15,698 | -21.0% |
| Trade receivables | 40 | €33,818 | €20,579 | -€13,239 | -39.1% |
| Other amounts receivable | 41 | €40,996 | €38,537 | -€2,458 | -6.0% |
| Cash at bank and in hand | 54/58 | €18,011 | €818 | -€17,193 | -95.5% |
| Deferred charges and accrued income | 490/1 | €14,845 | €14,845 | = | 0.0% |
| Total equity and liabilities | 10/49 | €143,704 | €105,900 | -€37,804 | -26.3% |
| Equity | 10/15 | -€1,494,660 | -€1,440,735 | +€53,925 | +3.6% |
| Contributions | 10/11 | €371,840 | €371,840 | = | 0.0% |
| Capital | 10 | €371,840 | €371,840 | = | 0.0% |
| Issued capital | 100 | €371,840 | €371,840 | = | 0.0% |
| Reserves | 13 | €115,890 | €115,890 | = | 0.0% |
| Tax-exempt reserves | 132 | €115,890 | €115,890 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,982,390 | -€1,928,466 | +€53,925 | +2.7% |
| Amounts payable | 17/49 | €1,638,364 | €1,546,635 | -€91,729 | -5.6% |
| Amounts payable after more than one year | 17 | €1,200,000 | €1,200,000 | = | 0.0% |
| Other amounts payable | 178/9 | €1,200,000 | €1,200,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €261,583 | €169,855 | -€91,729 | -35.1% |
| Trade debts | 44 | €4,706 | €1,630 | -€3,076 | -65.4% |
| Suppliers | 440/4 | €4,706 | €1,630 | -€3,076 | -65.4% |
| Taxes, remuneration and social security | 45 | €6,756 | €12,760 | +€6,004 | +88.9% |
| Taxes | 450/3 | €6,756 | €12,760 | +€6,004 | +88.9% |
| Other amounts payable | 47/48 | €250,121 | €155,465 | -€94,656 | -37.8% |
| Accrued charges and deferred income | 492/3 | €176,781 | €176,781 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €544 | - | -€544 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €4,914 | +€4,914 | |
| Other operating charges | 640/8 | €384 | €780 | +€395 | +102.8% |
| Gross operating margin | 9900 | €149,654 | €73,054 | -€76,600 | -51.2% |
| Operating profit (loss) | 9901 | €148,726 | €67,361 | -€81,365 | -54.7% |
| Financial income | 75/76B | €9 | - | -€9 | |
| Recurring financial income | 75 | €9 | - | -€9 | |
| Non-recurring financial income | 76B | €9 | - | -€9 | |
| Financial charges | 65/66B | €567 | €676 | +€109 | +19.2% |
| Recurring financial charges | 65 | €567 | €676 | +€109 | +19.2% |
| Profit (loss) for the period before taxes | 9903 | €148,167 | €66,685 | -€81,482 | -55.0% |
| Income taxes | 67/77 | - | €12,760 | +€12,760 | |
| Profit (loss) for the period | 9904 | €148,167 | €53,925 | -€94,242 | -63.6% |
| Profit (loss) for the period to be appropriated | 9905 | €148,167 | €53,925 | -€94,242 | -63.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.