HYSAL: 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.
HYSAL
Largest movements
- Receivables within one year -€12,977
down €12,977 (-51.5%), from €25,209 to €12,232
of which Trade receivables: -€20,697
- Cash +€3,246
up €3,246 (+23.7%), from €13,714 to €16,960
mainly Receivables within one year (+€12,977) and Depreciation (+€813)
- Tangible fixed assets +€3,029
up €3,029 (+758.2%), from €399 to €3,429
of which Plant, machinery and equipment: +€3,240
- Deferred charges and accrued income +€1,778
up €1,778 (+325.7%), from €546 to €2,324
- Profit (loss) carried forward -€3,107
down €3,107 (-59.9%), from €5,190 to €2,083
- Tax, wage and social debts -€1,872
down €1,872 (-36.2%), from €5,172 to €3,300
- Gross operating margin -€20,913
down €20,913, from €20,307 to -€607
- Taxes -€5,687
down €5,687 (-96.6%), from €5,888 to €200
- Depreciation +€446
up €446 (+121.4%), from €367 to €813
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 | €41,418 | €36,494 | -€4,924 | -11.9% |
| Fixed assets | 21/28 | €1,949 | €4,979 | +€3,029 | +155.4% |
| Tangible fixed assets | 22/27 | €399 | €3,429 | +€3,029 | +758.2% |
| Plant, machinery and equipment | 23 | - | €3,240 | +€3,240 | |
| Furniture and vehicles | 24 | €399 | €188 | -€211 | -52.8% |
| Financial fixed assets | 28 | €1,550 | €1,550 | = | 0.0% |
| Current assets | 29/58 | €39,468 | €31,516 | -€7,953 | -20.1% |
| Amounts receivable within one year | 40/41 | €25,209 | €12,232 | -€12,977 | -51.5% |
| Trade receivables | 40 | €23,285 | €2,588 | -€20,697 | -88.9% |
| Other amounts receivable | 41 | €1,923 | €9,643 | +€7,720 | +401.4% |
| Cash at bank and in hand | 54/58 | €13,714 | €16,960 | +€3,246 | +23.7% |
| Deferred charges and accrued income | 490/1 | €546 | €2,324 | +€1,778 | +325.7% |
| Total equity and liabilities | 10/49 | €41,418 | €36,494 | -€4,924 | -11.9% |
| Equity | 10/15 | €33,740 | €30,633 | -€3,107 | -9.2% |
| Contributions | 10/11 | €8,675 | €8,675 | = | 0.0% |
| Reserves | 13 | €19,874 | €19,874 | = | 0.0% |
| Distributable reserves | 133 | €19,874 | €19,874 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,190 | €2,083 | -€3,107 | -59.9% |
| Amounts payable | 17/49 | €7,678 | €5,861 | -€1,817 | -23.7% |
| Amounts payable within one year | 42/48 | €7,678 | €5,861 | -€1,817 | -23.7% |
| Trade debts | 44 | €1,673 | €1,728 | +€56 | +3.3% |
| Suppliers | 440/4 | €1,673 | €1,728 | +€56 | +3.3% |
| Taxes, remuneration and social security | 45 | €5,172 | €3,300 | -€1,872 | -36.2% |
| Taxes | 450/3 | €5,172 | €3,300 | -€1,872 | -36.2% |
| Other amounts payable | 47/48 | €833 | €833 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €367 | €813 | +€446 | +121.4% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €20,307 | -€607 | -€20,913 | |
| Operating profit (loss) | 9901 | €19,552 | -€1,820 | -€21,372 | |
| Financial income | 75/76B | €32 | €97 | +€65 | +201.5% |
| Recurring financial income | 75 | €32 | €97 | +€65 | +201.5% |
| Financial charges | 65/66B | €336 | €351 | +€15 | +4.4% |
| Recurring financial charges | 65 | €336 | €351 | +€15 | +4.4% |
| Profit (loss) for the period before taxes | 9903 | €19,248 | -€2,074 | -€21,321 | |
| Income taxes | 67/77 | €5,888 | €200 | -€5,687 | -96.6% |
| Profit (loss) for the period | 9904 | €13,360 | -€2,274 | -€15,634 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,360 | -€2,274 | -€15,634 |
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.