MATHIEU HIGNY AVOCAT: what changed
MATHIEU HIGNY AVOCAT
Largest movements
- Cash +€45,257
up €45,257 (+20.5%), from €221,100 to €266,356
mainly Other debts (+€87,801) and Net result for the year (+€46,844)
- Tangible fixed assets -€15,557
down €15,557 (-27.7%), from €56,087 to €40,530
of which Furniture and vehicles: -€11,734
- Receivables within one year +€4,657
up €4,657 (+22.5%), from €20,653 to €25,310
of which Other amounts receivable: +€3,440
- Other debts +€87,801
up €87,801 (+3,667%), from €2,394 to €90,195
- Reserves -€43,351
down €43,351 (-16.7%), from €259,517 to €216,167
of which Distributable reserves: -€43,351
- Current portion of long-term debt -€6,431
no longer reported in 2025 (was €6,431)
- Tax, wage and social debts -€3,965
down €3,965 (-26.0%), from €15,256 to €11,291
- Gross operating margin +€9,972
up €9,972 (+13.9%), from €71,788 to €81,760
- Taxes +€2,338
up €2,338 (+13.6%), from €17,138 to €19,476
- Financial income -€2,169
down €2,169 (-76.3%), from €2,844 to €675
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €302,516 | €337,244 | +€34,727 | +11.5% |
| Fixed assets | 21/28 | €56,337 | €40,530 | -€15,807 | -28.1% |
| Tangible fixed assets | 22/27 | €56,087 | €40,530 | -€15,557 | -27.7% |
| Furniture and vehicles | 24 | €23,687 | €11,953 | -€11,734 | -49.5% |
| Other tangible fixed assets | 26 | €32,400 | €28,576 | -€3,823 | -11.8% |
| Financial fixed assets | 28 | €250 | - | -€250 | |
| Current assets | 29/58 | €246,180 | €296,714 | +€50,534 | +20.5% |
| Amounts receivable within one year | 40/41 | €20,653 | €25,310 | +€4,657 | +22.5% |
| Trade receivables | 40 | €13,105 | €14,321 | +€1,217 | +9.3% |
| Other amounts receivable | 41 | €7,548 | €10,988 | +€3,440 | +45.6% |
| Cash at bank and in hand | 54/58 | €221,100 | €266,356 | +€45,257 | +20.5% |
| Deferred charges and accrued income | 490/1 | €4,427 | €5,048 | +€621 | +14.0% |
| Total equity and liabilities | 10/49 | €302,516 | €337,244 | +€34,727 | +11.5% |
| Equity | 10/15 | €278,117 | €234,767 | -€43,351 | -15.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €259,517 | €216,167 | -€43,351 | -16.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €257,657 | €214,307 | -€43,351 | -16.8% |
| Amounts payable | 17/49 | €24,399 | €102,477 | +€78,078 | +320% |
| Amounts payable within one year | 42/48 | €24,399 | €102,477 | +€78,078 | +320% |
| Current portion of amounts payable after more than one year | 42 | €6,431 | - | -€6,431 | |
| Trade debts | 44 | €318 | €991 | +€673 | +212% |
| Suppliers | 440/4 | €318 | €991 | +€673 | +212% |
| Taxes, remuneration and social security | 45 | €15,256 | €11,291 | -€3,965 | -26.0% |
| Taxes | 450/3 | €15,256 | €11,291 | -€3,965 | -26.0% |
| Other amounts payable | 47/48 | €2,394 | €90,195 | +€87,801 | +3,667% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,396 | €15,557 | +€161 | +1.0% |
| Other operating charges | 640/8 | - | €250 | +€250 | |
| Gross operating margin | 9900 | €71,788 | €81,760 | +€9,972 | +13.9% |
| Operating profit (loss) | 9901 | €56,391 | €65,953 | +€9,562 | +17.0% |
| Financial income | 75/76B | €2,844 | €675 | -€2,169 | -76.3% |
| Recurring financial income | 75 | €2,844 | €675 | -€2,169 | -76.3% |
| Financial charges | 65/66B | €267 | €308 | +€41 | +15.2% |
| Recurring financial charges | 65 | €267 | €308 | +€41 | +15.2% |
| Profit (loss) for the period before taxes | 9903 | €58,968 | €66,320 | +€7,352 | +12.5% |
| Income taxes | 67/77 | €17,138 | €19,476 | +€2,338 | +13.6% |
| Profit (loss) for the period | 9904 | €41,830 | €46,844 | +€5,014 | +12.0% |
| Profit (loss) for the period to be appropriated | 9905 | €41,830 | €46,844 | +€5,014 | +12.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.