Crédit Hutois: what changed
What changed
Crédit Hutois
NACE 66.220, Insurance agents and brokers
filed annual accounts (NBB)
Net result for the year
-€4,156
2023 · -€25,826+€21,669
Equity
€135,272
2023 · €139,429-€4,156
Cash
-
not filed
Balance sheet total
€156,083
2023 · €160,324-€4,241
Largest movements
Assets
- Tangible fixed assets -€2,863
down €2,863 (-3.6%), from €79,752 to €76,888
of which Furniture and vehicles: -€2,530
Equity and liabilities
- Profit (loss) carried forward -€4,156
down €4,156 (-14.5%), from -€28,742 to -€32,899
- Tax, wage and social debts +€1,634
up €1,634 (+19.4%), from €8,416 to €10,049
Income statement
- Gross operating margin -€151,635
down €151,635 (-70.9%), from €213,811 to €62,176
- Other operating charges -€9,948
down €9,948 (-37.3%), from €26,698 to €16,750
- Staff costs +€9,463
up €9,463 (+29.9%), from €31,619 to €41,082
- Financial income -€3,945
no longer reported in 2024 (was €3,945)
of which Financial income: -€3,945
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
-€25,826
Gross operating margin
-€151,635
Staff costs
-€9,463
Depreciation
-€1,938
Other operating charges
+€9,948
Other operating items
+€176,143
Financial income
-€3,945
Financial charges
+€841
Taxes
+€1,719
Result 2024
-€4,156
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts. So the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €160,324 | €156,083 | -€4,241 | -2.6% |
| Formation expenses | 20 | €1,146 | €860 | -€287 | -25.0% |
| Fixed assets | 21/28 | €123,204 | €120,340 | -€2,863 | -2.3% |
| Intangible fixed assets | 21 | €43,452 | €43,452 | = | 0.0% |
| Tangible fixed assets | 22/27 | €79,752 | €76,888 | -€2,863 | -3.6% |
| Land and buildings | 22 | €61,817 | €61,483 | -€334 | -0.5% |
| Plant, machinery and equipment | 23 | €331 | €331 | = | 0.0% |
| Furniture and vehicles | 24 | €17,604 | €15,075 | -€2,530 | -14.4% |
| Current assets | 29/58 | €35,974 | €34,884 | -€1,091 | -3.0% |
| Amounts receivable within one year | 40/41 | €30,962 | €31,121 | +€159 | +0.5% |
| Trade receivables | 40 | €27,574 | €24,833 | -€2,741 | -9.9% |
| Other amounts receivable | 41 | €3,388 | €6,289 | +€2,900 | +85.6% |
| Current investments | 50/53 | €4,049 | €2,799 | -€1,250 | -30.9% |
| Deferred charges and accrued income | 490/1 | €964 | €964 | = | 0.0% |
| Total equity and liabilities | 10/49 | €160,324 | €156,083 | -€4,241 | -2.6% |
| Equity | 10/15 | €139,429 | €135,272 | -€4,156 | -3.0% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €106,197 | €106,197 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,742 | -€32,899 | -€4,156 | -14.5% |
| Amounts payable | 17/49 | €20,896 | €20,811 | -€84 | -0.4% |
| Amounts payable within one year | 42/48 | €20,041 | €20,755 | +€714 | +3.6% |
| Financial debts | 43 | €9,560 | €9,627 | +€67 | +0.7% |
| Credit institutions | 430/8 | €9,560 | €9,627 | +€67 | +0.7% |
| Trade debts | 44 | €1,566 | €579 | -€987 | -63.0% |
| Suppliers | 440/4 | €1,566 | €579 | -€987 | -63.0% |
| Taxes, remuneration and social security | 45 | €8,416 | €10,049 | +€1,634 | +19.4% |
| Remuneration and social security | 454/9 | €8,416 | €10,049 | +€1,634 | +19.4% |
| Other amounts payable | 47/48 | €500 | €500 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €854 | €56 | -€798 | -93.4% |
| Remuneration, social security and pensions | 62 | €31,619 | €41,082 | +€9,463 | +29.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,530 | €4,468 | +€1,938 | +76.6% |
| Other operating charges | 640/8 | €26,698 | €16,750 | -€9,948 | -37.3% |
| Non-recurring operating charges | 66A | €176,243 | €100 | -€176,143 | -99.9% |
| Gross operating margin | 9900 | €213,811 | €62,176 | -€151,635 | -70.9% |
| Operating profit (loss) | 9901 | -€23,278 | -€224 | +€23,054 | +99.0% |
| Financial income | 75/76B | €3,945 | - | -€3,945 | |
| Recurring financial income | 75 | €3,945 | - | -€3,945 | |
| Non-recurring financial income | 76B | €3,945 | - | -€3,945 | |
| Financial charges | 65/66B | €3,746 | €2,905 | -€841 | -22.5% |
| Recurring financial charges | 65 | €3,746 | €2,905 | -€841 | -22.5% |
| Profit (loss) for the period before taxes | 9903 | -€23,079 | -€3,129 | +€19,951 | +86.4% |
| Income taxes | 67/77 | €2,747 | €1,028 | -€1,719 | -62.6% |
| Profit (loss) for the period | 9904 | -€25,826 | -€4,156 | +€21,669 | +83.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€25,826 | -€4,156 | +€21,669 | +83.9% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.