Hubeltech Support: 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.
Hubeltech Support
Largest movements
- Receivables within one year -€51,365
down €51,365 (-75.5%), from €68,063 to €16,698
- Cash +€14,275
up €14,275 (+8.4%), from €170,163 to €184,438
mainly Other debts (+€95,998) and Receivables within one year (+€51,365)
- Tangible fixed assets -€9,030
down €9,030 (-24.8%), from €36,420 to €27,390
of which Furniture and vehicles: -€8,933
- Other debts +€95,998
up €95,998 (+155.0%), from €61,947 to €157,944
- Reserves -€87,778
down €87,778 (-59.1%), from €148,472 to €60,694
- Tax, wage and social debts -€54,937
down €54,937 (-87.0%), from €63,178 to €8,242
- Gross operating margin -€53,489
down €53,489 (-67.1%), from €79,748 to €26,259
- Taxes -€10,503
down €10,503 (-72.9%), from €14,405 to €3,902
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.
Cash bridge derived
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 | €276,648 | €230,588 | -€46,060 | -16.6% |
| Fixed assets | 21/28 | €36,420 | €27,390 | -€9,030 | -24.8% |
| Tangible fixed assets | 22/27 | €36,420 | €27,390 | -€9,030 | -24.8% |
| Plant, machinery and equipment | 23 | €97 | - | -€97 | |
| Furniture and vehicles | 24 | €36,323 | €27,390 | -€8,933 | -24.6% |
| Current assets | 29/58 | €240,228 | €203,198 | -€37,030 | -15.4% |
| Amounts receivable within one year | 40/41 | €68,063 | €16,698 | -€51,365 | -75.5% |
| Trade receivables | 40 | €68,063 | €16,698 | -€51,365 | -75.5% |
| Cash at bank and in hand | 54/58 | €170,163 | €184,438 | +€14,275 | +8.4% |
| Deferred charges and accrued income | 490/1 | €2,002 | €2,062 | +€59 | +3.0% |
| Total equity and liabilities | 10/49 | €276,648 | €230,588 | -€46,060 | -16.6% |
| Equity | 10/15 | €151,472 | €63,694 | -€87,778 | -58.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €148,472 | €60,694 | -€87,778 | -59.1% |
| Distributable reserves | 133 | €148,472 | €60,694 | -€87,778 | -59.1% |
| Amounts payable | 17/49 | €125,176 | €166,894 | +€41,718 | +33.3% |
| Amounts payable within one year | 42/48 | €125,176 | €166,894 | +€41,718 | +33.3% |
| Trade debts | 44 | €51 | €708 | +€657 | +1295.9% |
| Suppliers | 440/4 | €51 | €708 | +€657 | +1295.9% |
| Taxes, remuneration and social security | 45 | €63,178 | €8,242 | -€54,937 | -87.0% |
| Taxes | 450/3 | €63,178 | €8,242 | -€54,937 | -87.0% |
| Other amounts payable | 47/48 | €61,947 | €157,944 | +€95,998 | +155.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,641 | €10,434 | -€207 | -1.9% |
| Other operating charges | 640/8 | €831 | €813 | -€18 | -2.2% |
| Gross operating margin | 9900 | €79,748 | €26,259 | -€53,489 | -67.1% |
| Operating profit (loss) | 9901 | €68,277 | €15,012 | -€53,265 | -78.0% |
| Financial income | 75/76B | €769 | €1,225 | +€456 | +59.3% |
| Recurring financial income | 75 | €769 | €1,225 | +€456 | +59.3% |
| Financial charges | 65/66B | €117 | €114 | -€3 | -2.3% |
| Recurring financial charges | 65 | €117 | €114 | -€3 | -2.3% |
| Profit (loss) for the period before taxes | 9903 | €68,929 | €16,123 | -€52,806 | -76.6% |
| Income taxes | 67/77 | €14,405 | €3,902 | -€10,503 | -72.9% |
| Profit (loss) for the period | 9904 | €54,525 | €12,222 | -€42,303 | -77.6% |
| Profit (loss) for the period to be appropriated | 9905 | €54,525 | €12,222 | -€42,303 | -77.6% |
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 12 October 2026 via checked.be.