HUB CONSULTING: 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 CONSULTING
Largest movements
- Tangible fixed assets -€203
down €203 (-33.3%), from €609 to €406
- Profit (loss) carried forward -€203
down €203 (-2.3%), from -€8,888 to -€9,091
- Gross operating margin +€378
no longer reported in 2023 (was -€378)
- Depreciation -€295
down €295 (-59.2%), from €498 to €203
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,551 | €1,348 | -€203 | -13.1% |
| Fixed assets | 21/28 | €609 | €406 | -€203 | -33.3% |
| Tangible fixed assets | 22/27 | €609 | €406 | -€203 | -33.3% |
| Plant, machinery and equipment | 23 | €609 | €406 | -€203 | -33.3% |
| Current assets | 29/58 | €941 | €941 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €911 | €911 | = | 0.0% |
| Other amounts receivable | 41 | €911 | €911 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €30 | €30 | = | 0.0% |
| Total equity and liabilities | 10/49 | €1,551 | €1,348 | -€203 | -13.1% |
| Equity | 10/15 | -€6,888 | -€7,091 | -€203 | -2.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Capital | 10 | €2,000 | €2,000 | = | 0.0% |
| Issued capital | 100 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,888 | -€9,091 | -€203 | -2.3% |
| Amounts payable | 17/49 | €8,439 | €8,439 | = | 0.0% |
| Amounts payable within one year | 42/48 | €8,439 | €8,439 | = | 0.0% |
| Other amounts payable | 47/48 | €8,439 | €8,439 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €498 | €203 | -€295 | -59.2% |
| Gross operating margin | 9900 | -€378 | - | +€378 | |
| Operating profit (loss) | 9901 | -€877 | -€203 | +€673 | +76.8% |
| Profit (loss) for the period before taxes | 9903 | -€877 | -€203 | +€673 | +76.8% |
| Profit (loss) for the period | 9904 | -€877 | -€203 | +€673 | +76.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€877 | -€203 | +€673 | +76.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.