De Hutten: 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 Hutten
Largest movements
- Tangible fixed assets +€43,714
up €43,714 (+87.3%), from €50,099 to €93,813
of which Furniture and vehicles: +€41,475
- Financial fixed assets +€2,700
up €2,700 (+245%), from €1,100 to €3,800
- Deferred charges and accrued income +€1,526
up €1,526 (+139%), from €1,100 to €2,626
- Tax, wage and social debts +€27,332
up €27,332 (+102%), from €26,808 to €54,140
of which Remuneration and social security: +€18,579
- Other debts +€14,394
up €14,394 (+166%), from €8,693 to €23,087
- Current portion of long-term debt +€3,936
new in 2025: €3,936
- Profit (loss) carried forward -€3,487
down €3,487 (-24.5%), from -€14,241 to -€17,729
- Trade debts +€2,905
up €2,905 (+7.9%), from €36,837 to €39,742
- Gross operating margin -€45,966
down €45,966 (-16.4%), from €279,602 to €233,636
- Staff costs +€32,716
up €32,716 (+20.9%), from €156,521 to €189,237
- Depreciation +€7,322
up €7,322 (+58.5%), from €12,508 to €19,830
- Other operating charges -€5,140
down €5,140 (-17.6%), from €29,230 to €24,089
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 | €98,785 | €145,177 | +€46,392 | +47.0% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €51,199 | €97,613 | +€46,414 | +90.7% |
| Tangible fixed assets | 22/27 | €50,099 | €93,813 | +€43,714 | +87.3% |
| Land and buildings | 22 | €12,762 | €10,364 | -€2,399 | -18.8% |
| Plant, machinery and equipment | 23 | €24,055 | €28,693 | +€4,637 | +19.3% |
| Furniture and vehicles | 24 | €13,282 | €54,757 | +€41,475 | +312% |
| Financial fixed assets | 28 | €1,100 | €3,800 | +€2,700 | +245% |
| Current assets | 29/58 | €47,585 | €47,564 | -€22 | 0.0% |
| Stocks and contracts in progress | 3 | €6,826 | €7,427 | +€601 | +8.8% |
| Stocks | 30/36 | €6,826 | €7,427 | +€601 | +8.8% |
| Amounts receivable within one year | 40/41 | €1,940 | €1,109 | -€831 | -42.8% |
| Trade receivables | 40 | €1,940 | €1,109 | -€831 | -42.8% |
| Cash at bank and in hand | 54/58 | €37,720 | €36,402 | -€1,318 | -3.5% |
| Deferred charges and accrued income | 490/1 | €1,100 | €2,626 | +€1,526 | +139% |
| Total equity and liabilities | 10/49 | €98,785 | €145,177 | +€46,392 | +47.0% |
| Equity | 10/15 | €26,447 | €22,960 | -€3,487 | -13.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | - | -€6,200 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €12,400 | - | -€12,400 | |
| Reserves | 13 | €34,488 | €34,488 | = | 0.0% |
| Non-distributable reserves | 130/1 | €647 | €647 | = | 0.0% |
| Legal reserve | 130 | €647 | - | -€647 | |
| Reserves not available under the articles | 1311 | - | €647 | +€647 | |
| Distributable reserves | 133 | €33,841 | €33,841 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,241 | -€17,729 | -€3,487 | -24.5% |
| Amounts payable | 17/49 | €72,338 | €122,217 | +€49,879 | +69.0% |
| Amounts payable after more than one year | 17 | - | €1,312 | +€1,312 | |
| Financial debts | 170/4 | - | €1,312 | +€1,312 | |
| Amounts payable within one year | 42/48 | €72,338 | €120,906 | +€48,568 | +67.1% |
| Current portion of amounts payable after more than one year | 42 | - | €3,936 | +€3,936 | |
| Trade debts | 44 | €36,837 | €39,742 | +€2,905 | +7.9% |
| Suppliers | 440/4 | €36,837 | €39,742 | +€2,905 | +7.9% |
| Taxes, remuneration and social security | 45 | €26,808 | €54,140 | +€27,332 | +102% |
| Taxes | 450/3 | €12,190 | €20,943 | +€8,753 | +71.8% |
| Remuneration and social security | 454/9 | €14,618 | €33,197 | +€18,579 | +127% |
| Other amounts payable | 47/48 | €8,693 | €23,087 | +€14,394 | +166% |
| Non-recurring operating income | 76A | - | €826 | +€826 | |
| Remuneration, social security and pensions | 62 | €156,521 | €189,237 | +€32,716 | +20.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,508 | €19,830 | +€7,322 | +58.5% |
| Other operating charges | 640/8 | €29,230 | €24,089 | -€5,140 | -17.6% |
| Gross operating margin | 9900 | €279,602 | €233,636 | -€45,966 | -16.4% |
| Operating profit (loss) | 9901 | €81,343 | €480 | -€80,863 | -99.4% |
| Financial income | 75/76B | €65 | €694 | +€629 | +967% |
| Recurring financial income | 75 | €65 | €694 | +€629 | +967% |
| Financial charges | 65/66B | €3,551 | €1,399 | -€2,151 | -60.6% |
| Recurring financial charges | 65 | €3,551 | €1,399 | -€2,151 | -60.6% |
| Profit (loss) for the period before taxes | 9903 | €77,857 | -€225 | -€78,082 | |
| Income taxes | 67/77 | €2,239 | €3,262 | +€1,023 | +45.7% |
| Profit (loss) for the period | 9904 | €75,618 | -€3,487 | -€79,105 | |
| Profit (loss) for the period to be appropriated | 9905 | €75,618 | -€3,487 | -€79,105 |
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.