DE HUIFKAR: 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.
DE HUIFKAR
Largest movements
- Cash -€180,666
down €180,666 (-71.5%), from €252,664 to €71,997
mainly Contributions, distributions and other (-€150,818) and Investment in fixed assets (net) (-€99,795)
- Tangible fixed assets +€63,506
up €63,506 (+61.0%), from €104,075 to €167,582
of which Other tangible fixed assets: +€56,711
- Stocks and contracts +€5,472
up €5,472 (+22.0%), from €24,925 to €30,397
- Receivables within one year -€4,289
down €4,289 (-13.9%), from €30,877 to €26,588
of which Other amounts receivable: -€3,585
- Reserves -€108,749
down €108,749 (-39.0%), from €279,182 to €170,432
- Debts after one year -€23,910
down €23,910 (-59.8%), from €39,967 to €16,057
- Tax, wage and social debts +€15,100
up €15,100 (+64.4%), from €23,449 to €38,549
of which Remuneration and social security: +€13,410
- Gross operating margin +€48,437
up €48,437 (+19.6%), from €247,242 to €295,678
- Staff costs +€46,071
up €46,071 (+33.5%), from €137,374 to €183,445
- Depreciation -€5,322
down €5,322 (-12.8%), from €41,610 to €36,288
- Taxes +€3,144
up €3,144 (+16.3%), from €19,349 to €22,493
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 | €419,137 | €301,269 | -€117,868 | -28.1% |
| Fixed assets | 21/28 | €104,075 | €167,582 | +€63,506 | +61.0% |
| Tangible fixed assets | 22/27 | €104,075 | €167,582 | +€63,506 | +61.0% |
| Plant, machinery and equipment | 23 | €62,457 | €74,618 | +€12,161 | +19.5% |
| Furniture and vehicles | 24 | €15,169 | €9,803 | -€5,365 | -35.4% |
| Other tangible fixed assets | 26 | €26,450 | €83,161 | +€56,711 | +214% |
| Current assets | 29/58 | €315,062 | €133,688 | -€181,374 | -57.6% |
| Stocks and contracts in progress | 3 | €24,925 | €30,397 | +€5,472 | +22.0% |
| Stocks | 30/36 | €24,925 | €30,397 | +€5,472 | +22.0% |
| Amounts receivable within one year | 40/41 | €30,877 | €26,588 | -€4,289 | -13.9% |
| Trade receivables | 40 | €6,095 | €5,391 | -€704 | -11.6% |
| Other amounts receivable | 41 | €24,782 | €21,197 | -€3,585 | -14.5% |
| Cash at bank and in hand | 54/58 | €252,664 | €71,997 | -€180,666 | -71.5% |
| Deferred charges and accrued income | 490/1 | €6,595 | €4,705 | -€1,890 | -28.7% |
| Total equity and liabilities | 10/49 | €419,137 | €301,269 | -€117,868 | -28.1% |
| Equity | 10/15 | €289,182 | €180,432 | -€108,749 | -37.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €279,182 | €170,432 | -€108,749 | -39.0% |
| Distributable reserves | 133 | €279,182 | €170,432 | -€108,749 | -39.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €129,956 | €120,837 | -€9,118 | -7.0% |
| Amounts payable after more than one year | 17 | €39,967 | €16,057 | -€23,910 | -59.8% |
| Financial debts | 170/4 | €39,967 | €16,057 | -€23,910 | -59.8% |
| Amounts payable within one year | 42/48 | €86,938 | €104,546 | +€17,609 | +20.3% |
| Current portion of amounts payable after more than one year | 42 | €23,205 | €23,910 | +€705 | +3.0% |
| Trade debts | 44 | €36,074 | €36,157 | +€83 | +0.2% |
| Suppliers | 440/4 | €36,074 | €36,157 | +€83 | +0.2% |
| Advances received on contracts in progress | 46 | €3,095 | €4,210 | +€1,115 | +36.0% |
| Taxes, remuneration and social security | 45 | €23,449 | €38,549 | +€15,100 | +64.4% |
| Taxes | 450/3 | €5,953 | €7,642 | +€1,690 | +28.4% |
| Remuneration and social security | 454/9 | €17,497 | €30,907 | +€13,410 | +76.6% |
| Other amounts payable | 47/48 | €1,115 | €1,720 | +€605 | +54.3% |
| Accrued charges and deferred income | 492/3 | €3,051 | €234 | -€2,817 | -92.3% |
| Remuneration, social security and pensions | 62 | €137,374 | €183,445 | +€46,071 | +33.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,610 | €36,288 | -€5,322 | -12.8% |
| Other operating charges | 640/8 | €2,349 | €2,658 | +€309 | +13.2% |
| Gross operating margin | 9900 | €247,242 | €295,678 | +€48,437 | +19.6% |
| Operating profit (loss) | 9901 | €65,909 | €73,287 | +€7,378 | +11.2% |
| Financial income | 75/76B | €454 | €924 | +€470 | +103% |
| Recurring financial income | 75 | €454 | €924 | +€470 | +103% |
| Financial charges | 65/66B | €12,034 | €9,650 | -€2,384 | -19.8% |
| Recurring financial charges | 65 | €12,034 | €9,650 | -€2,384 | -19.8% |
| Profit (loss) for the period before taxes | 9903 | €54,329 | €64,561 | +€10,232 | +18.8% |
| Income taxes | 67/77 | €19,349 | €22,493 | +€3,144 | +16.3% |
| Profit (loss) for the period | 9904 | €34,980 | €42,068 | +€7,088 | +20.3% |
| Profit (loss) for the period to be appropriated | 9905 | €34,980 | €42,068 | +€7,088 | +20.3% |
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 25 October 2026 via checked.be.