Hubble Production: 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 Production
Largest movements
- Receivables within one year +€4,402
up €4,402 (+1,427%), from €309 to €4,711
of which Trade receivables: +€4,402
- Financial fixed assets +€577
up €577 (+36.6%), from €1,577 to €2,154
- Cash +€468
new in 2025: €468
mainly Other debts (+€10,342) and Net result for the year (+€5,120)
- Tangible fixed assets +€418
up €418 (+291%), from €144 to €562
- Deferred charges and accrued income +€394
new in 2025: €394
- Other debts +€10,342
up €10,342 (+36.0%), from €28,758 to €39,101
- Tax, wage and social debts -€7,654
down €7,654 (-48.3%), from €15,853 to €8,199
of which Remuneration and social security: -€4,576
- Profit (loss) carried forward +€5,120
up €5,120 (+9.8%), from -€52,377 to -€47,258
- Trade debts -€1,372
down €1,372 (-18.0%), from €7,619 to €6,247
- Short-term financial debts -€177
no longer reported in 2025 (was €177)
- Gross operating margin +€24,947
up €24,947, from -€14,484 to €10,463
- Purchases and services -€18,538
down €18,538 (-31.8%), from €58,267 to €39,730
- Other operating charges +€4,008
up €4,008 (+4,008%), from €100 to €4,108
- Depreciation -€1,742
down €1,742 (-88.5%), from €1,968 to €226
- Turnover +€1,348
up €1,348 (+3.1%), from €43,783 to €45,132
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 | €2,029 | €8,289 | +€6,259 | +308% |
| Fixed assets | 21/28 | €1,721 | €2,715 | +€995 | +57.8% |
| Tangible fixed assets | 22/27 | €144 | €562 | +€418 | +291% |
| Furniture and vehicles | 24 | €144 | €562 | +€418 | +291% |
| Financial fixed assets | 28 | €1,577 | €2,154 | +€577 | +36.6% |
| Current assets | 29/58 | €309 | €5,573 | +€5,265 | +1,706% |
| Amounts receivable within one year | 40/41 | €309 | €4,711 | +€4,402 | +1,427% |
| Trade receivables | 40 | €309 | €4,711 | +€4,402 | +1,427% |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | - | €468 | +€468 | |
| Deferred charges and accrued income | 490/1 | - | €394 | +€394 | |
| Total equity and liabilities | 10/49 | €2,029 | €8,289 | +€6,259 | +308% |
| Equity | 10/15 | -€50,377 | -€45,258 | +€5,120 | +10.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€52,377 | -€47,258 | +€5,120 | +9.8% |
| Amounts payable | 17/49 | €52,407 | €53,546 | +€1,140 | +2.2% |
| Amounts payable within one year | 42/48 | €52,407 | €53,546 | +€1,140 | +2.2% |
| Financial debts | 43 | €177 | - | -€177 | |
| Credit institutions | 430/8 | €177 | - | -€177 | |
| Trade debts | 44 | €7,619 | €6,247 | -€1,372 | -18.0% |
| Suppliers | 440/4 | €7,619 | €6,247 | -€1,372 | -18.0% |
| Taxes, remuneration and social security | 45 | €15,853 | €8,199 | -€7,654 | -48.3% |
| Taxes | 450/3 | €5,400 | €2,322 | -€3,078 | -57.0% |
| Remuneration and social security | 454/9 | €10,453 | €5,877 | -€4,576 | -43.8% |
| Other amounts payable | 47/48 | €28,758 | €39,101 | +€10,342 | +36.0% |
| Turnover | 70 | €43,783 | €45,132 | +€1,348 | +3.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €58,267 | €39,730 | -€18,538 | -31.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,968 | €226 | -€1,742 | -88.5% |
| Other operating charges | 640/8 | €100 | €4,108 | +€4,008 | +4,008% |
| Gross operating margin | 9900 | -€14,484 | €10,463 | +€24,947 | |
| Operating profit (loss) | 9901 | -€16,552 | €6,129 | +€22,680 | |
| Financial charges | 65/66B | €859 | €822 | -€36 | -4.2% |
| Recurring financial charges | 65 | €859 | €822 | -€36 | -4.2% |
| Profit (loss) for the period before taxes | 9903 | -€17,410 | €5,307 | +€22,717 | |
| Income taxes | 67/77 | €241 | €187 | -€54 | -22.3% |
| Profit (loss) for the period | 9904 | -€17,651 | €5,120 | +€22,770 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,651 | €5,120 | +€22,770 |
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 23 October 2026 via checked.be.