HUBERT: what changed
Two fiscal 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.
HUBERT
Largest movements
- Cash -€36
down €36 (-13.2%), from €271 to €235
mainly Net result for the year (-€1,832)
- Profit (loss) carried forward -€1,832
down €1,832 (-0.4%), from -€458,843 to -€460,675
- Other debts +€1,550
up €1,550 (+3.1%), from €49,389 to €50,939
- Trade debts +€246
new in 2025: €246
- Gross operating margin +€56
up €56 (+3.2%), from -€1,739 to -€1,682
- Financial charges +€23
up €23 (+17.6%), from €128 to €150
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 | €271 | €235 | -€36 | -13.2% |
| Current assets | 29/58 | €271 | €235 | -€36 | -13.2% |
| Cash at bank and in hand | 54/58 | €271 | €235 | -€36 | -13.2% |
| Total equity and liabilities | 10/49 | €271 | €235 | -€36 | -13.2% |
| Equity | 10/15 | -€49,118 | -€50,950 | -€1,832 | -3.7% |
| Contributions | 10/11 | €409,725 | €409,725 | = | 0.0% |
| Capital | 10 | €409,725 | €409,725 | = | 0.0% |
| Issued capital | 100 | €409,725 | €409,725 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€458,843 | -€460,675 | -€1,832 | -0.4% |
| Amounts payable | 17/49 | €49,389 | €51,185 | +€1,796 | +3.6% |
| Amounts payable within one year | 42/48 | €49,389 | €51,185 | +€1,796 | +3.6% |
| Trade debts | 44 | - | €246 | +€246 | |
| Suppliers | 440/4 | - | €246 | +€246 | |
| Other amounts payable | 47/48 | €49,389 | €50,939 | +€1,550 | +3.1% |
| Gross operating margin | 9900 | -€1,739 | -€1,682 | +€56 | +3.2% |
| Operating profit (loss) | 9901 | -€1,739 | -€1,682 | +€56 | +3.2% |
| Financial charges | 65/66B | €128 | €150 | +€23 | +17.6% |
| Recurring financial charges | 65 | €128 | €150 | +€23 | +17.6% |
| Profit (loss) for the period before taxes | 9903 | -€1,866 | -€1,832 | +€34 | +1.8% |
| Profit (loss) for the period | 9904 | -€1,866 | -€1,832 | +€34 | +1.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,866 | -€1,832 | +€34 | +1.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.