HUANCA: what changed
HUANCA
Largest movements
- Receivables within one year -€166,079
down €166,079 (-87.6%), from €189,601 to €23,522
of which Other amounts receivable: -€123,639
- Tangible fixed assets +€129,318
up €129,318 (+141%), from €91,732 to €221,050
- Cash -€10,550
down €10,550 (-22.8%), from €46,186 to €35,636
mainly Investment in fixed assets (net) (-€135,938) and Net result for the year (-€22,071)
- Reserves -€22,000
down €22,000 (-37.9%), from €58,027 to €36,027
- Trade debts -€10,200
down €10,200 (-49.6%), from €20,556 to €10,357
- Other debts -€9,371
down €9,371 (-25.2%), from €37,243 to €27,872
- Debts after one year -€6,808
down €6,808 (-3.4%), from €200,000 to €193,192
- Current portion of long-term debt +€6,798
up €6,798 (+251%), from €2,712 to €9,511
- Gross operating margin -€34,154
down €34,154 (-78.1%), from €43,739 to €9,586
- Write-downs +€14,809
new in 2025: €14,809
- Taxes -€7,692
down €7,692 (-97.7%), from €7,871 to €179
- Depreciation +€4,695
up €4,695 (+244%), from €1,925 to €6,620
- Financial charges +€2,155
up €2,155 (+35.6%), from €6,054 to €8,209
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 | €328,035 | €282,380 | -€45,655 | -13.9% |
| Fixed assets | 21/28 | €91,732 | €221,050 | +€129,318 | +141% |
| Tangible fixed assets | 22/27 | €91,732 | €221,050 | +€129,318 | +141% |
| Land and buildings | 22 | €91,732 | €221,050 | +€129,318 | +141% |
| Current assets | 29/58 | €236,303 | €61,330 | -€174,973 | -74.0% |
| Amounts receivable within one year | 40/41 | €189,601 | €23,522 | -€166,079 | -87.6% |
| Trade receivables | 40 | €57,629 | €15,189 | -€42,440 | -73.6% |
| Other amounts receivable | 41 | €131,972 | €8,333 | -€123,639 | -93.7% |
| Cash at bank and in hand | 54/58 | €46,186 | €35,636 | -€10,550 | -22.8% |
| Deferred charges and accrued income | 490/1 | €516 | €2,172 | +€1,656 | +321% |
| Total equity and liabilities | 10/49 | €328,035 | €282,380 | -€45,655 | -13.9% |
| Equity | 10/15 | €58,979 | €36,908 | -€22,071 | -37.4% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €58,027 | €36,027 | -€22,000 | -37.9% |
| Distributable reserves | 133 | €58,027 | €36,027 | -€22,000 | -37.9% |
| Profit (loss) carried forward | 14 | €951 | €880 | -€71 | -7.5% |
| Amounts payable | 17/49 | €269,056 | €245,472 | -€23,584 | -8.8% |
| Amounts payable after more than one year | 17 | €200,000 | €193,192 | -€6,808 | -3.4% |
| Financial debts | 170/4 | €200,000 | €193,192 | -€6,808 | -3.4% |
| Amounts payable within one year | 42/48 | €64,951 | €48,713 | -€16,238 | -25.0% |
| Current portion of amounts payable after more than one year | 42 | €2,712 | €9,511 | +€6,798 | +251% |
| Trade debts | 44 | €20,556 | €10,357 | -€10,200 | -49.6% |
| Suppliers | 440/4 | €20,556 | €10,357 | -€10,200 | -49.6% |
| Advances received on contracts in progress | 46 | - | €91 | +€91 | |
| Taxes, remuneration and social security | 45 | €4,439 | €883 | -€3,556 | -80.1% |
| Taxes | 450/3 | €52 | €883 | +€831 | +1,595% |
| Remuneration and social security | 454/9 | €4,387 | - | -€4,387 | |
| Other amounts payable | 47/48 | €37,243 | €27,872 | -€9,371 | -25.2% |
| Accrued charges and deferred income | 492/3 | €4,105 | €3,567 | -€538 | -13.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,925 | €6,620 | +€4,695 | +244% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €14,809 | +€14,809 | |
| Other operating charges | 640/8 | €1,901 | €1,925 | +€24 | +1.3% |
| Gross operating margin | 9900 | €43,739 | €9,586 | -€34,154 | -78.1% |
| Operating profit (loss) | 9901 | €39,913 | -€13,769 | -€53,681 | |
| Financial income | 75/76B | €0 | €85 | +€85 | +424,950% |
| Recurring financial income | 75 | €0 | €85 | +€85 | +424,950% |
| Financial charges | 65/66B | €6,054 | €8,209 | +€2,155 | +35.6% |
| Recurring financial charges | 65 | €6,054 | €8,209 | +€2,155 | +35.6% |
| Profit (loss) for the period before taxes | 9903 | €33,859 | -€21,892 | -€55,751 | |
| Income taxes | 67/77 | €7,871 | €179 | -€7,692 | -97.7% |
| Profit (loss) for the period | 9904 | €25,988 | -€22,071 | -€48,059 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,988 | -€22,071 | -€48,059 |
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 1 November 2026 via checked.be.