MA.HYBO: 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.
MA.HYBO
Largest movements
- Cash -€988
down €988 (-72.4%), from €1,365 to €376
mainly Net result for the year (-€9,314) and Tax, wage and social debts (-€1,710)
- Other debts +€10,701
up €10,701 (+643%), from €1,665 to €12,366
- Profit (loss) carried forward -€9,314
down €9,314 (-145%), from -€6,406 to -€15,721
- Tax, wage and social debts -€1,710
down €1,710 (-84.8%), from €2,015 to €306
of which Remuneration and social security: -€1,142
- Trade debts -€664
down €664 (-71.1%), from €934 to €270
- Staff costs +€7,281
new in 2025: €7,281
- Gross operating margin +€5,114
up €5,114 (+79.8%), from -€6,406 to -€1,292
- Other operating charges +€616
new in 2025: €616
- Financial charges +€125
new in 2025: €125
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 | €2,208 | €1,222 | -€986 | -44.7% |
| Current assets | 29/58 | €2,208 | €1,222 | -€986 | -44.7% |
| Stocks and contracts in progress | 3 | €843 | €845 | +€2 | +0.2% |
| Stocks | 30/36 | €843 | €845 | +€2 | +0.2% |
| Cash at bank and in hand | 54/58 | €1,365 | €376 | -€988 | -72.4% |
| Total equity and liabilities | 10/49 | €2,208 | €1,222 | -€986 | -44.7% |
| Equity | 10/15 | -€2,406 | -€11,721 | -€9,314 | -387% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,406 | -€15,721 | -€9,314 | -145% |
| Amounts payable | 17/49 | €4,614 | €12,942 | +€8,328 | +180% |
| Amounts payable within one year | 42/48 | €4,614 | €12,942 | +€8,328 | +180% |
| Trade debts | 44 | €934 | €270 | -€664 | -71.1% |
| Suppliers | 440/4 | €934 | €270 | -€664 | -71.1% |
| Taxes, remuneration and social security | 45 | €2,015 | €306 | -€1,710 | -84.8% |
| Taxes | 450/3 | €874 | €306 | -€568 | -65.0% |
| Remuneration and social security | 454/9 | €1,142 | - | -€1,142 | |
| Other amounts payable | 47/48 | €1,665 | €12,366 | +€10,701 | +643% |
| Remuneration, social security and pensions | 62 | - | €7,281 | +€7,281 | |
| Other operating charges | 640/8 | - | €616 | +€616 | |
| Gross operating margin | 9900 | -€6,406 | -€1,292 | +€5,114 | +79.8% |
| Operating profit (loss) | 9901 | -€6,406 | -€9,189 | -€2,783 | -43.4% |
| Financial charges | 65/66B | - | €125 | +€125 | |
| Recurring financial charges | 65 | - | €125 | +€125 | |
| Profit (loss) for the period before taxes | 9903 | -€6,406 | -€9,314 | -€2,908 | -45.4% |
| Profit (loss) for the period | 9904 | -€6,406 | -€9,314 | -€2,908 | -45.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,406 | -€9,314 | -€2,908 | -45.4% |
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 20 October 2026 via checked.be.