HUB.CO: 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.
HUB.CO
Largest movements
- Cash +€16,031
up €16,031 (+32.7%), from €48,986 to €65,017
mainly Accrued charges and deferred income (+€14,912) and Depreciation (+€10,160)
- Intangible fixed assets -€7,570
down €7,570 (-100%), from €7,570 to €0
- Receivables within one year +€4,588
up €4,588 (+13.3%), from €34,588 to €39,176
of which Trade receivables: +€4,186
- Tangible fixed assets -€1,698
down €1,698 (-33.1%), from €5,129 to €3,432
- Financial fixed assets +€1,269
up €1,269, from €0 to €1,269
- Accrued charges and deferred income +€14,912
up €14,912 (+74.7%), from €19,975 to €34,887
- Profit (loss) carried forward +€8,894
up €8,894 (+51.5%), from €17,259 to €26,153
- Trade debts -€8,110
down €8,110 (-60.6%), from €13,393 to €5,282
- Contributions -€2,500
down €2,500 (-25.0%), from €10,000 to €7,500
- Tax, wage and social debts -€1,161
down €1,161 (-3.5%), from €33,306 to €32,145
of which Remuneration and social security: -€4,610
- Staff costs +€7,501
up €7,501 (+5.9%), from €127,281 to €134,782
- Gross operating margin -€6,527
down €6,527 (-3.9%), from €166,258 to €159,731
- Taxes -€2,636
down €2,636 (-30.4%), from €8,661 to €6,025
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 | €102,199 | €113,810 | +€11,611 | +11.4% |
| Fixed assets | 21/28 | €12,700 | €4,701 | -€7,999 | -63.0% |
| Intangible fixed assets | 21 | €7,570 | €0 | -€7,570 | -100% |
| Tangible fixed assets | 22/27 | €5,129 | €3,432 | -€1,698 | -33.1% |
| Plant, machinery and equipment | 23 | €5,129 | €3,432 | -€1,698 | -33.1% |
| Financial fixed assets | 28 | €0 | €1,269 | +€1,269 | |
| Current assets | 29/58 | €89,499 | €109,109 | +€19,610 | +21.9% |
| Amounts receivable within one year | 40/41 | €34,588 | €39,176 | +€4,588 | +13.3% |
| Trade receivables | 40 | €34,586 | €38,771 | +€4,186 | +12.1% |
| Other amounts receivable | 41 | €3 | €405 | +€402 | +15,970% |
| Cash at bank and in hand | 54/58 | €48,986 | €65,017 | +€16,031 | +32.7% |
| Deferred charges and accrued income | 490/1 | €5,925 | €4,915 | -€1,010 | -17.0% |
| Total equity and liabilities | 10/49 | €102,199 | €113,810 | +€11,611 | +11.4% |
| Equity | 10/15 | €33,858 | €40,251 | +€6,394 | +18.9% |
| Contributions | 10/11 | €10,000 | €7,500 | -€2,500 | -25.0% |
| Reserves | 13 | €6,598 | €6,598 | = | 0.0% |
| Distributable reserves | 133 | €6,598 | €6,598 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,259 | €26,153 | +€8,894 | +51.5% |
| Amounts payable | 17/49 | €68,341 | €73,558 | +€5,217 | +7.6% |
| Amounts payable within one year | 42/48 | €48,366 | €38,671 | -€9,695 | -20.0% |
| Financial debts | 43 | €1,543 | €1,178 | -€365 | -23.7% |
| Credit institutions | 430/8 | €1,543 | €1,178 | -€365 | -23.7% |
| Trade debts | 44 | €13,393 | €5,282 | -€8,110 | -60.6% |
| Suppliers | 440/4 | €13,393 | €5,282 | -€8,110 | -60.6% |
| Taxes, remuneration and social security | 45 | €33,306 | €32,145 | -€1,161 | -3.5% |
| Taxes | 450/3 | €18,268 | €21,717 | +€3,449 | +18.9% |
| Remuneration and social security | 454/9 | €15,038 | €10,429 | -€4,610 | -30.7% |
| Other amounts payable | 47/48 | €125 | €66 | -€59 | -47.1% |
| Accrued charges and deferred income | 492/3 | €19,975 | €34,887 | +€14,912 | +74.7% |
| Remuneration, social security and pensions | 62 | €127,281 | €134,782 | +€7,501 | +5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,583 | €10,160 | -€1,423 | -12.3% |
| Other operating charges | 640/8 | €698 | €713 | +€16 | +2.3% |
| Gross operating margin | 9900 | €166,258 | €159,731 | -€6,527 | -3.9% |
| Operating profit (loss) | 9901 | €26,696 | €14,076 | -€12,621 | -47.3% |
| Financial income | 75/76B | - | €1,485 | +€1,485 | |
| Recurring financial income | 75 | - | €1,485 | +€1,485 | |
| Financial charges | 65/66B | €776 | €270 | -€506 | -65.2% |
| Recurring financial charges | 65 | €776 | €270 | -€506 | -65.2% |
| Profit (loss) for the period before taxes | 9903 | €25,921 | €15,291 | -€10,630 | -41.0% |
| Income taxes | 67/77 | €8,661 | €6,025 | -€2,636 | -30.4% |
| Profit (loss) for the period | 9904 | €17,259 | €9,265 | -€7,994 | -46.3% |
| Profit (loss) for the period to be appropriated | 9905 | €17,259 | €9,265 | -€7,994 | -46.3% |
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 13 October 2026 via checked.be.