HYRE: 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.
HYRE
Largest movements
- Stocks and contracts -€43,146
down €43,146 (-83.7%), from €51,572 to €8,426
- Cash -€21,680
down €21,680 (-67.7%), from €32,014 to €10,334
mainly Net result for the year (-€70,828) and Other debts (-€20,758)
- Receivables within one year -€18,150
no longer reported in 2025 (was €18,150)
- Tangible fixed assets -€7,168
down €7,168 (-47.1%), from €15,205 to €8,036
of which Furniture and vehicles: -€6,772
- Profit (loss) carried forward -€70,828
down €70,828 (-53.9%), from -€131,478 to -€202,306
- Other debts -€20,758
down €20,758 (-9.2%), from €226,683 to €205,925
- Financial charges -€73,186
down €73,186 (-43.8%), from €167,039 to €93,852
- Gross operating margin -€24,009
down €24,009 (-43.7%), from €54,972 to €30,964
- Depreciation +€1,816
up €1,816 (+33.9%), from €5,353 to €7,168
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 | €116,941 | €26,797 | -€90,144 | -77.1% |
| Fixed assets | 21/28 | €15,205 | €8,036 | -€7,168 | -47.1% |
| Tangible fixed assets | 22/27 | €15,205 | €8,036 | -€7,168 | -47.1% |
| Plant, machinery and equipment | 23 | €1,538 | €1,142 | -€396 | -25.8% |
| Furniture and vehicles | 24 | €13,667 | €6,895 | -€6,772 | -49.6% |
| Current assets | 29/58 | €101,737 | €18,760 | -€82,976 | -81.6% |
| Stocks and contracts in progress | 3 | €51,572 | €8,426 | -€43,146 | -83.7% |
| Stocks | 30/36 | €51,572 | €8,426 | -€43,146 | -83.7% |
| Amounts receivable within one year | 40/41 | €18,150 | - | -€18,150 | |
| Trade receivables | 40 | €18,150 | - | -€18,150 | |
| Cash at bank and in hand | 54/58 | €32,014 | €10,334 | -€21,680 | -67.7% |
| Total equity and liabilities | 10/49 | €116,941 | €26,797 | -€90,144 | -77.1% |
| Equity | 10/15 | -€111,052 | -€181,880 | -€70,828 | -63.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €8,026 | €8,026 | = | 0.0% |
| Distributable reserves | 133 | €8,026 | €8,026 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€131,478 | -€202,306 | -€70,828 | -53.9% |
| Amounts payable | 17/49 | €227,993 | €208,677 | -€19,316 | -8.5% |
| Amounts payable within one year | 42/48 | €227,993 | €208,677 | -€19,316 | -8.5% |
| Trade debts | 44 | €232 | €1,203 | +€971 | +418.6% |
| Suppliers | 440/4 | €232 | €1,203 | +€971 | +418.6% |
| Taxes, remuneration and social security | 45 | €1,078 | €1,549 | +€471 | +43.7% |
| Taxes | 450/3 | €1,078 | €1,549 | +€471 | +43.7% |
| Other amounts payable | 47/48 | €226,683 | €205,925 | -€20,758 | -9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,353 | €7,168 | +€1,816 | +33.9% |
| Other operating charges | 640/8 | €751 | €772 | +€21 | +2.8% |
| Gross operating margin | 9900 | €54,972 | €30,964 | -€24,009 | -43.7% |
| Operating profit (loss) | 9901 | €48,869 | €23,024 | -€25,845 | -52.9% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €167,039 | €93,852 | -€73,186 | -43.8% |
| Recurring financial charges | 65 | €167,039 | €93,852 | -€73,186 | -43.8% |
| Profit (loss) for the period before taxes | 9903 | -€118,169 | -€70,828 | +€47,341 | +40.1% |
| Profit (loss) for the period | 9904 | -€118,169 | -€70,828 | +€47,341 | +40.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€118,169 | -€70,828 | +€47,341 | +40.1% |
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 11 October 2026 via checked.be.