HAUBRUGE Quentin: what changed
HAUBRUGE Quentin
Largest movements
- Financial fixed assets -€101,834
no longer reported in 2025 (was €101,834)
- Receivables after one year -€18,000
down €18,000 (-48.6%), from €37,000 to €19,000
- Cash -€17,382
down €17,382 (-61.3%), from €28,359 to €10,977
mainly Net result for the year (-€98,686) and Contributions, distributions and other (-€24,500)
- Receivables within one year +€8,049
up €8,049 (+59.9%), from €13,442 to €21,491
- Deferred charges and accrued income -€6,051
down €6,051 (-48.8%), from €12,395 to €6,345
- Profit (loss) carried forward -€98,686
down €98,686, from €95,837 to -€2,849
- Reserves -€24,500
down €24,500 (-54.8%), from €44,726 to €20,226
- Trade debts -€8,448
down €8,448 (-85.1%), from €9,928 to €1,481
- Other debts -€4,559
down €4,559 (-16.4%), from €27,802 to €23,244
- Financial charges +€104,785
up €104,785 (+6,132%), from €1,709 to €106,494
of which Non-recurring financial charges: +€104,934
- Gross operating margin -€12,820
down €12,820 (-45.1%), from €28,451 to €15,632
- Taxes -€6,586
down €6,586 (-75.8%), from €8,692 to €2,107
- Depreciation +€290
up €290 (+6.3%), from €4,563 to €4,853
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €199,777 | €62,278 | -€137,499 | -68.8% |
| Fixed assets | 21/28 | €108,581 | €4,465 | -€104,115 | -95.9% |
| Tangible fixed assets | 22/27 | €6,746 | €4,465 | -€2,281 | -33.8% |
| Plant, machinery and equipment | 23 | €2,441 | €3,142 | +€701 | +28.7% |
| Furniture and vehicles | 24 | €4,305 | €1,324 | -€2,982 | -69.3% |
| Financial fixed assets | 28 | €101,834 | - | -€101,834 | |
| Current assets | 29/58 | €91,196 | €57,812 | -€33,384 | -36.6% |
| Amounts receivable after more than one year | 29 | €37,000 | €19,000 | -€18,000 | -48.6% |
| Other amounts receivable | 291 | €37,000 | €19,000 | -€18,000 | -48.6% |
| Amounts receivable within one year | 40/41 | €13,442 | €21,491 | +€8,049 | +59.9% |
| Other amounts receivable | 41 | €13,442 | €21,491 | +€8,049 | +59.9% |
| Cash at bank and in hand | 54/58 | €28,359 | €10,977 | -€17,382 | -61.3% |
| Deferred charges and accrued income | 490/1 | €12,395 | €6,345 | -€6,051 | -48.8% |
| Total equity and liabilities | 10/49 | €199,777 | €62,278 | -€137,499 | -68.8% |
| Equity | 10/15 | €146,762 | €23,576 | -€123,186 | -83.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €44,726 | €20,226 | -€24,500 | -54.8% |
| Distributable reserves | 133 | €44,726 | €20,226 | -€24,500 | -54.8% |
| Profit (loss) carried forward | 14 | €95,837 | -€2,849 | -€98,686 | |
| Amounts payable | 17/49 | €53,015 | €38,701 | -€14,314 | -27.0% |
| Amounts payable within one year | 42/48 | €53,015 | €38,684 | -€14,331 | -27.0% |
| Trade debts | 44 | €9,928 | €1,481 | -€8,448 | -85.1% |
| Suppliers | 440/4 | €9,928 | €1,481 | -€8,448 | -85.1% |
| Taxes, remuneration and social security | 45 | €15,284 | €13,960 | -€1,325 | -8.7% |
| Taxes | 450/3 | €15,284 | €13,960 | -€1,325 | -8.7% |
| Other amounts payable | 47/48 | €27,802 | €23,244 | -€4,559 | -16.4% |
| Accrued charges and deferred income | 492/3 | - | €17 | +€17 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,563 | €4,853 | +€290 | +6.3% |
| Other operating charges | 640/8 | €863 | €863 | +€1 | +0.1% |
| Gross operating margin | 9900 | €28,451 | €15,632 | -€12,820 | -45.1% |
| Operating profit (loss) | 9901 | €23,025 | €9,915 | -€13,110 | -56.9% |
| Financial income | 75/76B | €0 | €0 | -€0 | -90.9% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -90.9% |
| Financial charges | 65/66B | €1,709 | €106,494 | +€104,785 | +6,132% |
| Recurring financial charges | 65 | €1,709 | €1,560 | -€149 | -8.7% |
| Non-recurring financial charges | 66B | - | €104,934 | +€104,934 | |
| Profit (loss) for the period before taxes | 9903 | €21,317 | -€96,579 | -€117,896 | |
| Income taxes | 67/77 | €8,692 | €2,107 | -€6,586 | -75.8% |
| Profit (loss) for the period | 9904 | €12,624 | -€98,686 | -€111,310 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,624 | -€98,686 | -€111,310 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.