HUBBLE: 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.
HUBBLE
Largest movements
- Cash -€674
down €674 (-1.7%), from €39,143 to €38,468
mainly Net result for the year (-€689)
- Profit (loss) carried forward -€689
down €689 (-15.2%), from -€4,544 to -€5,233
- Taxes -€682
down €682 (-99.6%), from €684 to €2
- Gross operating margin +€25
up €25 (+17.4%), from -€145 to -€120
- Financial income +€8
up €8 (+75.3%), from €11 to €19
- Financial charges +€5
up €5 (+6.5%), from €69 to €74
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 | €39,143 | €38,468 | -€674 | -1.7% |
| Fixed assets | 21/28 | €0 | - | = | |
| Intangible fixed assets | 21 | €0 | - | = | |
| Current assets | 29/58 | €39,143 | €38,468 | -€674 | -1.7% |
| Cash at bank and in hand | 54/58 | €39,143 | €38,468 | -€674 | -1.7% |
| Total equity and liabilities | 10/49 | €39,143 | €38,468 | -€674 | -1.7% |
| Equity | 10/15 | €30,456 | €29,767 | -€689 | -2.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €25,000 | €25,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €23,000 | €23,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,544 | -€5,233 | -€689 | -15.2% |
| Provisions and deferred taxes | 16 | €8,214 | €8,214 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €8,214 | €8,214 | = | 0.0% |
| Other liabilities and charges | 164/5 | €8,214 | €8,214 | = | 0.0% |
| Amounts payable | 17/49 | €472 | €487 | +€15 | +3.2% |
| Amounts payable within one year | 42/48 | €472 | €487 | +€15 | +3.2% |
| Trade debts | 44 | €472 | €487 | +€15 | +3.2% |
| Suppliers | 440/4 | €472 | €487 | +€15 | +3.2% |
| Other operating charges | 640/8 | €513 | €513 | -€0 | -0.1% |
| Gross operating margin | 9900 | -€145 | -€120 | +€25 | +17.4% |
| Operating profit (loss) | 9901 | -€658 | -€633 | +€26 | +3.9% |
| Financial income | 75/76B | €11 | €19 | +€8 | +75.3% |
| Recurring financial income | 75 | €11 | €19 | +€8 | +75.3% |
| Financial charges | 65/66B | €69 | €74 | +€5 | +6.5% |
| Recurring financial charges | 65 | €69 | €74 | +€5 | +6.5% |
| Profit (loss) for the period before taxes | 9903 | -€716 | -€687 | +€29 | +4.1% |
| Income taxes | 67/77 | €684 | €2 | -€682 | -99.6% |
| Profit (loss) for the period | 9904 | -€1,400 | -€689 | +€711 | +50.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,400 | -€689 | +€711 | +50.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.