HUBERITA: 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.
HUBERITA
Largest movements
- Current investments -€60,000
down €60,000 (-88.2%), from €68,000 to €8,000
- Deferred charges and accrued income +€5,966
new in 2025: €5,966
- Cash -€4,618
down €4,618 (-16.1%), from €28,629 to €24,011
mainly Other debts (-€27,347) and Debts after one year (-€12,097)
- Tangible fixed assets +€1,932
up €1,932 (+3.5%), from €55,606 to €57,538
of which Plant, machinery and equipment: +€1,932
- Other debts -€27,347
down €27,347 (-35.2%), from €77,616 to €50,269
- Debts after one year -€12,097
down €12,097 (-30.9%), from €39,107 to €27,010
- Trade debts -€8,481
down €8,481 (-64.5%), from €13,147 to €4,666
- Reserves -€8,298
down €8,298 (-41.6%), from €19,941 to €11,643
- Gross operating margin -€62,703
down €62,703 (-91.3%), from €68,705 to €6,002
- Depreciation -€15,055
no longer reported in 2025 (was €15,055)
- Taxes -€13,906
down €13,906 (-91.9%), from €15,132 to €1,226
- Financial income +€1,892
up €1,892 (+985%), from €192 to €2,084
- Financial charges -€1,353
down €1,353 (-19.1%), from €7,089 to €5,736
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 | €189,948 | €132,826 | -€57,122 | -30.1% |
| Fixed assets | 21/28 | €55,606 | €57,538 | +€1,932 | +3.5% |
| Tangible fixed assets | 22/27 | €55,606 | €57,538 | +€1,932 | +3.5% |
| Plant, machinery and equipment | 23 | €1,833 | €3,765 | +€1,932 | +105% |
| Furniture and vehicles | 24 | €53,773 | €53,773 | = | 0.0% |
| Current assets | 29/58 | €134,342 | €75,288 | -€59,054 | -44.0% |
| Amounts receivable within one year | 40/41 | €37,713 | €37,311 | -€402 | -1.1% |
| Trade receivables | 40 | €20,213 | €12,311 | -€7,902 | -39.1% |
| Other amounts receivable | 41 | €17,500 | €25,000 | +€7,500 | +42.9% |
| Current investments | 50/53 | €68,000 | €8,000 | -€60,000 | -88.2% |
| Cash at bank and in hand | 54/58 | €28,629 | €24,011 | -€4,618 | -16.1% |
| Deferred charges and accrued income | 490/1 | - | €5,966 | +€5,966 | |
| Total equity and liabilities | 10/49 | €189,948 | €132,826 | -€57,122 | -30.1% |
| Equity | 10/15 | €26,141 | €17,866 | -€8,275 | -31.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €19,941 | €11,643 | -€8,298 | -41.6% |
| Distributable reserves | 133 | €19,941 | €11,643 | -€8,298 | -41.6% |
| Profit (loss) carried forward | 14 | - | €23 | +€23 | |
| Amounts payable | 17/49 | €163,807 | €114,960 | -€48,847 | -29.8% |
| Amounts payable after more than one year | 17 | €39,107 | €27,010 | -€12,097 | -30.9% |
| Financial debts | 170/4 | €39,107 | €27,010 | -€12,097 | -30.9% |
| Amounts payable within one year | 42/48 | €124,700 | €87,950 | -€36,750 | -29.5% |
| Financial debts | 43 | €14,948 | €15,330 | +€382 | +2.6% |
| Credit institutions | 430/8 | €14,948 | €15,330 | +€382 | +2.6% |
| Trade debts | 44 | €13,147 | €4,666 | -€8,481 | -64.5% |
| Suppliers | 440/4 | €13,147 | €4,666 | -€8,481 | -64.5% |
| Taxes, remuneration and social security | 45 | €18,989 | €17,685 | -€1,304 | -6.9% |
| Taxes | 450/3 | €18,824 | €17,685 | -€1,139 | -6.1% |
| Remuneration and social security | 454/9 | €165 | - | -€165 | |
| Other amounts payable | 47/48 | €77,616 | €50,269 | -€27,347 | -35.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,055 | - | -€15,055 | |
| Other operating charges | 640/8 | €1,938 | €1,101 | -€837 | -43.2% |
| Gross operating margin | 9900 | €68,705 | €6,002 | -€62,703 | -91.3% |
| Operating profit (loss) | 9901 | €51,712 | €4,901 | -€46,811 | -90.5% |
| Financial income | 75/76B | €192 | €2,084 | +€1,892 | +985% |
| Recurring financial income | 75 | €192 | €2,084 | +€1,892 | +985% |
| Financial charges | 65/66B | €7,089 | €5,736 | -€1,353 | -19.1% |
| Recurring financial charges | 65 | €7,089 | €5,736 | -€1,353 | -19.1% |
| Profit (loss) for the period before taxes | 9903 | €44,815 | €1,249 | -€43,566 | -97.2% |
| Income taxes | 67/77 | €15,132 | €1,226 | -€13,906 | -91.9% |
| Profit (loss) for the period | 9904 | €29,683 | €23 | -€29,660 | -99.9% |
| Profit (loss) for the period to be appropriated | 9905 | €29,683 | €23 | -€29,660 | -99.9% |
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 28 October 2026 via checked.be.