Hubaille: 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.
Hubaille
Largest movements
- Cash +€90,821
up €90,821 (+14.8%), from €615,346 to €706,167
mainly Other debts (+€283,057) and Net result for the year (+€134,069)
- Tangible fixed assets -€13,373
down €13,373 (-21.2%), from €63,133 to €49,760
of which Furniture and vehicles: -€8,859
- Receivables within one year +€10,800
up €10,800 (+32.0%), from €33,749 to €44,549
of which Other amounts receivable: +€14,337
- Other debts +€283,057
up €283,057 (+53.4%), from €529,917 to €812,974
- Profit (loss) carried forward -€185,568
no longer reported in 2025 (was €185,568)
- Gross operating margin -€189,069
down €189,069 (-48.7%), from €387,935 to €198,866
- Taxes -€41,075
down €41,075 (-47.9%), from €85,690 to €44,615
- Staff costs -€4,025
no longer reported in 2025 (was €4,025)
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 | €749,469 | €840,543 | +€91,074 | +12.2% |
| Fixed assets | 21/28 | €63,133 | €49,760 | -€13,373 | -21.2% |
| Tangible fixed assets | 22/27 | €63,133 | €49,760 | -€13,373 | -21.2% |
| Land and buildings | 22 | €11,646 | €9,696 | -€1,950 | -16.7% |
| Plant, machinery and equipment | 23 | €9,528 | €6,964 | -€2,564 | -26.9% |
| Furniture and vehicles | 24 | €41,959 | €33,100 | -€8,859 | -21.1% |
| Current assets | 29/58 | €686,336 | €790,783 | +€104,447 | +15.2% |
| Stocks and contracts in progress | 3 | €37,241 | €40,066 | +€2,826 | +7.6% |
| Stocks | 30/36 | €37,241 | €40,066 | +€2,826 | +7.6% |
| Amounts receivable within one year | 40/41 | €33,749 | €44,549 | +€10,800 | +32.0% |
| Trade receivables | 40 | €32,807 | €29,270 | -€3,537 | -10.8% |
| Other amounts receivable | 41 | €942 | €15,279 | +€14,337 | +1,522% |
| Cash at bank and in hand | 54/58 | €615,346 | €706,167 | +€90,821 | +14.8% |
| Total equity and liabilities | 10/49 | €749,469 | €840,543 | +€91,074 | +12.2% |
| Equity | 10/15 | €206,028 | €20,460 | -€185,568 | -90.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €185,568 | - | -€185,568 | |
| Amounts payable | 17/49 | €543,441 | €820,083 | +€276,642 | +50.9% |
| Amounts payable within one year | 42/48 | €543,441 | €820,083 | +€276,642 | +50.9% |
| Trade debts | 44 | €9,834 | €5,980 | -€3,854 | -39.2% |
| Suppliers | 440/4 | €9,834 | €5,980 | -€3,854 | -39.2% |
| Taxes, remuneration and social security | 45 | €3,690 | €1,129 | -€2,561 | -69.4% |
| Taxes | 450/3 | €3,690 | €325 | -€3,365 | -91.2% |
| Remuneration and social security | 454/9 | - | €804 | +€804 | |
| Other amounts payable | 47/48 | €529,917 | €812,974 | +€283,057 | +53.4% |
| Remuneration, social security and pensions | 62 | €4,025 | - | -€4,025 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,724 | €20,817 | +€1,093 | +5.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€44 | -€1,662 | -€1,618 | -3,653% |
| Other operating charges | 640/8 | €1,430 | €1,594 | +€163 | +11.4% |
| Gross operating margin | 9900 | €387,935 | €198,866 | -€189,069 | -48.7% |
| Operating profit (loss) | 9901 | €362,800 | €178,117 | -€184,683 | -50.9% |
| Financial income | 75/76B | €921 | €811 | -€109 | -11.9% |
| Recurring financial income | 75 | €921 | €811 | -€109 | -11.9% |
| Financial charges | 65/66B | €40 | €245 | +€205 | +517% |
| Recurring financial charges | 65 | €40 | €245 | +€205 | +517% |
| Profit (loss) for the period before taxes | 9903 | €363,681 | €178,684 | -€184,997 | -50.9% |
| Income taxes | 67/77 | €85,690 | €44,615 | -€41,075 | -47.9% |
| Profit (loss) for the period | 9904 | €277,991 | €134,069 | -€143,922 | -51.8% |
| Profit (loss) for the period to be appropriated | 9905 | €277,991 | €134,069 | -€143,922 | -51.8% |
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 20 October 2026 via checked.be.