AHUBO: 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.
AHUBO
Largest movements
- Receivables after one year +€2.3m
new in 2025: €2.3m
- Receivables within one year -€1.4m
down €1.4m (-100%), from €1.4m to €0
- Cash +€339,949
up €339,949 (+2,437%), from €13,951 to €353,900
mainly Debts after one year (+€2.7m) and Receivables within one year (+€1.4m)
- Deferred charges and accrued income +€77,255
up €77,255 (+420%), from €18,409 to €95,664
- Debts after one year +€2.7m
new in 2025: €2.7m
- Other debts -€1.5m
down €1.5m (-100%), from €1.5m to €0
- Accrued charges and deferred income +€94,365
up €94,365 (+336%), from €28,067 to €122,433
- Financial charges +€66,306
up €66,306 (+235%), from €28,246 to €94,553
- Financial income +€58,913
up €58,913 (+321%), from €18,351 to €77,264
- Other operating charges +€547
up €547 (+139%), from €393 to €940
- Gross operating margin -€526
down €526 (-22.7%), from -€2,322 to -€2,848
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 | €2,148,183 | €3,479,392 | +€1.3m | +62.0% |
| Fixed assets | 21/28 | €685,504 | €685,504 | = | 0.0% |
| Financial fixed assets | 28 | €685,504 | €685,504 | = | 0.0% |
| Current assets | 29/58 | €1,462,679 | €2,793,888 | +€1.3m | +91.0% |
| Amounts receivable after more than one year | 29 | - | €2,344,324 | +€2.3m | |
| Other amounts receivable | 291 | - | €2,344,324 | +€2.3m | |
| Amounts receivable within one year | 40/41 | €1,430,319 | €0 | -€1.4m | -100% |
| Other amounts receivable | 41 | €1,430,319 | €0 | -€1.4m | -100% |
| Cash at bank and in hand | 54/58 | €13,951 | €353,900 | +€339,949 | +2,437% |
| Deferred charges and accrued income | 490/1 | €18,409 | €95,664 | +€77,255 | +420% |
| Total equity and liabilities | 10/49 | €2,148,183 | €3,479,392 | +€1.3m | +62.0% |
| Equity | 10/15 | €668,949 | €647,873 | -€21,076 | -3.2% |
| Contributions | 10/11 | €685,504 | €685,504 | = | 0.0% |
| Capital | 10 | €685,504 | €685,504 | = | 0.0% |
| Issued capital | 100 | €685,504 | €685,504 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,554 | -€37,631 | -€21,076 | -127% |
| Amounts payable | 17/49 | €1,479,233 | €2,831,519 | +€1.4m | +91.4% |
| Amounts payable after more than one year | 17 | - | €2,707,923 | +€2.7m | |
| Financial debts | 170/4 | - | €2,707,923 | +€2.7m | |
| Amounts payable within one year | 42/48 | €1,451,166 | €1,163 | -€1.5m | -99.9% |
| Trade debts | 44 | - | €1,163 | +€1,163 | |
| Suppliers | 440/4 | - | €1,163 | +€1,163 | |
| Other amounts payable | 47/48 | €1,451,166 | €0 | -€1.5m | -100% |
| Accrued charges and deferred income | 492/3 | €28,067 | €122,433 | +€94,365 | +336% |
| Other operating charges | 640/8 | €393 | €940 | +€547 | +139% |
| Gross operating margin | 9900 | -€2,322 | -€2,848 | -€526 | -22.7% |
| Operating profit (loss) | 9901 | -€2,715 | -€3,788 | -€1,073 | -39.5% |
| Financial income | 75/76B | €18,351 | €77,264 | +€58,913 | +321% |
| Recurring financial income | 75 | €18,351 | €77,264 | +€58,913 | +321% |
| Financial charges | 65/66B | €28,246 | €94,553 | +€66,306 | +235% |
| Recurring financial charges | 65 | €28,246 | €94,553 | +€66,306 | +235% |
| Profit (loss) for the period before taxes | 9903 | -€12,610 | -€21,076 | -€8,466 | -67.1% |
| Profit (loss) for the period | 9904 | -€12,610 | -€21,076 | -€8,466 | -67.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,610 | -€21,076 | -€8,466 | -67.1% |
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 19 October 2026 via checked.be.