FIRMA HURO: 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.
FIRMA HURO
Largest movements
- Current investments -€255,551
down €255,551 (-83.6%), from €305,551 to €50,000
- Cash +€82,284
up €82,284 (+91.5%), from €89,949 to €172,233
mainly Current investments (+€255,551) and Net result for the year (+€81,946)
- Tangible fixed assets -€13,549
down €13,549 (-6.9%), from €197,149 to €183,601
of which Plant, machinery and equipment: -€10,736
- Other debts -€216,425
down €216,425 (-72.6%), from €298,112 to €81,686
- Tax, wage and social debts +€17,829
up €17,829 (+235%), from €7,574 to €25,402
of which Remuneration and social security: +€13,208
- Reserves +€11,827
up €11,827 (+5.0%), from €235,592 to €247,420
- Gross operating margin +€34,459
up €34,459 (+34.8%), from €99,034 to €133,493
- Taxes +€17,347
up €17,347 (+83.0%), from €20,894 to €38,241
- Other operating charges +€4,434
up €4,434 (+127%), from €3,480 to €7,914
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 | €603,778 | €417,009 | -€186,769 | -30.9% |
| Fixed assets | 21/28 | €197,149 | €183,601 | -€13,549 | -6.9% |
| Tangible fixed assets | 22/27 | €197,149 | €183,601 | -€13,549 | -6.9% |
| Land and buildings | 22 | €176,342 | €173,529 | -€2,813 | -1.6% |
| Plant, machinery and equipment | 23 | €20,808 | €10,072 | -€10,736 | -51.6% |
| Current assets | 29/58 | €406,628 | €233,408 | -€173,220 | -42.6% |
| Amounts receivable within one year | 40/41 | €8,646 | €8,646 | = | 0.0% |
| Other amounts receivable | 41 | €8,646 | €8,646 | = | 0.0% |
| Current investments | 50/53 | €305,551 | €50,000 | -€255,551 | -83.6% |
| Cash at bank and in hand | 54/58 | €89,949 | €172,233 | +€82,284 | +91.5% |
| Deferred charges and accrued income | 490/1 | €2,482 | €2,529 | +€47 | +1.9% |
| Total equity and liabilities | 10/49 | €603,778 | €417,009 | -€186,769 | -30.9% |
| Equity | 10/15 | €298,092 | €309,920 | +€11,827 | +4.0% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Reserves | 13 | €235,592 | €247,420 | +€11,827 | +5.0% |
| Distributable reserves | 133 | €235,592 | €247,420 | +€11,827 | +5.0% |
| Amounts payable | 17/49 | €305,685 | €107,089 | -€198,597 | -65.0% |
| Amounts payable within one year | 42/48 | €305,685 | €107,089 | -€198,597 | -65.0% |
| Taxes, remuneration and social security | 45 | €7,574 | €25,402 | +€17,829 | +235% |
| Taxes | 450/3 | €6,623 | €11,244 | +€4,621 | +69.8% |
| Remuneration and social security | 454/9 | €951 | €14,158 | +€13,208 | +1,389% |
| Other amounts payable | 47/48 | €298,112 | €81,686 | -€216,425 | -72.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,709 | €13,549 | -€161 | -1.2% |
| Other operating charges | 640/8 | €3,480 | €7,914 | +€4,434 | +127% |
| Non-recurring operating charges | 66A | €25,186 | - | -€25,186 | |
| Gross operating margin | 9900 | €99,034 | €133,493 | +€34,459 | +34.8% |
| Operating profit (loss) | 9901 | €56,658 | €112,030 | +€55,371 | +97.7% |
| Financial income | 75/76B | €8,686 | €8,157 | -€529 | -6.1% |
| Recurring financial income | 75 | €8,686 | €8,157 | -€529 | -6.1% |
| Profit (loss) for the period before taxes | 9903 | €65,345 | €120,187 | +€54,842 | +83.9% |
| Income taxes | 67/77 | €20,894 | €38,241 | +€17,347 | +83.0% |
| Profit (loss) for the period | 9904 | €44,451 | €81,946 | +€37,495 | +84.4% |
| Profit (loss) for the period to be appropriated | 9905 | €44,451 | €81,946 | +€37,495 | +84.4% |
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 26 October 2026 via checked.be.