HUBERT DE BACKER: what changed
What changed
HUBERT DE BACKER
NACE 22.210, Manufacture of rubber and plastic products
filed annual accounts (NBB)
Net result for the year
€1.7m
2024 · €2.7m-€972,586
Equity
€25.5m
2024 · €24.6m+€896,522
Cash
€601,820
2024 · €848,482-€246,662
Balance sheet total
€32.7m
2024 · €33.2m-€525,371
Largest movements
Assets
- Receivables within one year -€4.2m
down €4.2m (-33.8%), from €12.3m to €8.2m
of which Other amounts receivable: -€2.7m
- Financial fixed assets +€2.2m
up €2.2m (+55,258%), from €4,033 to €2.2m
of which Affiliated companies: +€2.2m
- Tangible fixed assets +€1.3m
up €1.3m (+12.6%), from €10.3m to €11.5m
of which Assets under construction and advance payments: +€1.4m
- Intangible fixed assets +€1.1m
up €1.1m (+351%), from €325,803 to €1.5m
- Stocks and contracts -€874,076
down €874,076 (-9.7%), from €9.0m to €8.1m
Equity and liabilities
- Other debts -€880,322
down €880,322 (-34.9%), from €2.5m to €1.6m
- Profit (loss) carried forward +€609,630
up €609,630 (+64.8%), from €940,654 to €1.6m
- Tax, wage and social debts -€458,027
down €458,027 (-17.7%), from €2.6m to €2.1m
of which Taxes: -€514,786
Income statement
- Taxes -€934,337
down €934,337, from €930,781 to -€3,556
of which Taxes: -€1.0m
- Turnover -€835,424
down €835,424 (-2.0%), from €41.1m to €40.3m
- Depreciation +€449,463
up €449,463 (+19.6%), from €2.3m to €2.7m
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€2.7m
Turnover
-€835,424
Other operating income
-€155,094
Goods and materials
+€187,685
Services and other goods
+€406,124
Staff costs
+€94,001
Depreciation
-€449,463
Other operating charges
-€133,152
Other operating items
-€1.1m
Financial income
+€70,291
Financial charges
+€102
Taxes
+€934,337
Result 2025
€1.7m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€8.0m
Investment
-€7.4m
Financing
-€825,646
Cash 2024
€848,482
From operations (derived)
+€8.0m
Net result for the year
+€1.7m
Depreciation
+€2.7m
Stocks and contracts
+€874,076
Receivables within one year
+€4.2m
Deferred charges and accrued income
-€97,542
Trade debts
-€131,819
Tax, wage and social debts
-€458,027
Other debts
-€880,322
Accrued charges and deferred income
+€57,513
Investment (derived)
-€7.4m
Investment in fixed assets (net)
-€7.4m
Financing
-€825,646
Current portion of long-term debt
-€9,238
Contributions, distributions and other
-€816,408
Cash 2025
€601,820
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €33,188,936 | €32,663,566 | -€525,371 | -1.6% |
| Fixed assets | 21/28 | €10,583,977 | €15,253,068 | +€4.7m | +44.1% |
| Intangible fixed assets | 21 | €325,803 | €1,470,991 | +€1.1m | +351% |
| Tangible fixed assets | 22/27 | €10,254,141 | €11,549,756 | +€1.3m | +12.6% |
| Plant, machinery and equipment | 23 | €5,296,399 | €5,108,959 | -€187,440 | -3.5% |
| Furniture and vehicles | 24 | €179,627 | €296,520 | +€116,893 | +65.1% |
| Leasing and similar rights | 25 | €9,020 | €0 | -€9,020 | -100% |
| Other tangible fixed assets | 26 | €4,769,095 | €4,744,446 | -€24,649 | -0.5% |
| Assets under construction and advance payments | 27 | - | €1,399,831 | +€1.4m | |
| Financial fixed assets | 28 | €4,033 | €2,232,321 | +€2.2m | +55,258% |
| Affiliated companies | 280/1 | - | €2,225,372 | +€2.2m | |
| Amounts receivable | 281 | - | €2,225,372 | +€2.2m | |
| Other financial fixed assets | 284/8 | €4,033 | €6,949 | +€2,916 | +72.3% |
| Amounts receivable and cash guarantees | 285/8 | €4,033 | €6,949 | +€2,916 | +72.3% |
| Current assets | 29/58 | €22,604,960 | €17,410,497 | -€5.2m | -23.0% |
| Stocks and contracts in progress | 3 | €8,999,486 | €8,125,410 | -€874,076 | -9.7% |
| Stocks | 30/36 | €8,999,486 | €8,125,410 | -€874,076 | -9.7% |
| Raw materials and consumables | 30/31 | €2,651,899 | €2,442,586 | -€209,313 | -7.9% |
| Work in progress | 32 | €435,974 | €493,328 | +€57,354 | +13.2% |
| Finished goods | 33 | €5,911,613 | €5,189,496 | -€722,117 | -12.2% |
| Amounts receivable within one year | 40/41 | €12,349,677 | €8,178,412 | -€4.2m | -33.8% |
| Trade receivables | 40 | €8,423,582 | €6,940,825 | -€1.5m | -17.6% |
| Other amounts receivable | 41 | €3,926,095 | €1,237,587 | -€2.7m | -68.5% |
| Current investments | 50/53 | €0 | - | = | |
| Other investments | 51/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €848,482 | €601,820 | -€246,662 | -29.1% |
| Deferred charges and accrued income | 490/1 | €407,314 | €504,856 | +€97,542 | +23.9% |
| Total equity and liabilities | 10/49 | €33,188,936 | €32,663,566 | -€525,371 | -1.6% |
| Equity | 10/15 | €24,622,894 | €25,519,416 | +€896,522 | +3.6% |
| Contributions | 10/11 | €620,000 | €620,000 | = | 0.0% |
| Capital | 10 | €620,000 | €620,000 | = | 0.0% |
| Issued capital | 100 | €620,000 | €620,000 | = | 0.0% |
| Reserves | 13 | €23,062,240 | €23,062,240 | = | 0.0% |
| Non-distributable reserves | 130/1 | €62,240 | €62,240 | = | 0.0% |
| Legal reserve | 130 | €62,240 | €62,240 | = | 0.0% |
| Distributable reserves | 133 | €23,000,000 | €23,000,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €940,654 | €1,550,284 | +€609,630 | +64.8% |
| Investment grants | 15 | - | €286,892 | +€286,892 | |
| Amounts payable | 17/49 | €8,566,043 | €7,144,150 | -€1.4m | -16.6% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Leasing and similar obligations | 172 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €8,223,501 | €6,744,095 | -€1.5m | -18.0% |
| Current portion of amounts payable after more than one year | 42 | €9,238 | €0 | -€9,238 | -100% |
| Trade debts | 44 | €3,103,262 | €2,971,443 | -€131,819 | -4.2% |
| Suppliers | 440/4 | €3,103,262 | €2,971,443 | -€131,819 | -4.2% |
| Taxes, remuneration and social security | 45 | €2,590,340 | €2,132,314 | -€458,027 | -17.7% |
| Taxes | 450/3 | €961,181 | €446,395 | -€514,786 | -53.6% |
| Remuneration and social security | 454/9 | €1,629,160 | €1,685,919 | +€56,759 | +3.5% |
| Other amounts payable | 47/48 | €2,520,660 | €1,640,339 | -€880,322 | -34.9% |
| Accrued charges and deferred income | 492/3 | €342,542 | €400,055 | +€57,513 | +16.8% |
| Operating income | 70/76A | €43,225,712 | €41,164,526 | -€2.1m | -4.8% |
| Turnover | 70 | €41,124,293 | €40,288,869 | -€835,424 | -2.0% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €362,797 | -€664,763 | -€1.0m | |
| Other operating income | 74 | €1,694,835 | €1,539,740 | -€155,094 | -9.2% |
| Non-recurring operating income | 76A | €43,787 | €680 | -€43,107 | -98.4% |
| Operating charges | 60/66A | €39,860,179 | €39,776,309 | -€83,870 | -0.2% |
| Goods for resale, raw materials and consumables | 60 | €14,007,169 | €13,819,485 | -€187,685 | -1.3% |
| Purchases | 600/8 | €14,136,206 | €13,610,171 | -€526,035 | -3.7% |
| Change in stocks: decrease (increase) | 609 | -€129,037 | €209,313 | +€338,350 | |
| Services and other goods | 61 | €11,959,127 | €11,553,003 | -€406,124 | -3.4% |
| Remuneration, social security and pensions | 62 | €11,536,768 | €11,442,768 | -€94,001 | -0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,294,286 | €2,743,749 | +€449,463 | +19.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | - | = | |
| Other operating charges | 640/8 | €62,828 | €195,980 | +€133,152 | +212% |
| Non-recurring operating charges | 66A | €0 | €21,324 | +€21,324 | |
| Operating profit (loss) | 9901 | €3,365,533 | €1,388,217 | -€2.0m | -58.8% |
| Financial income | 75/76B | €257,382 | €327,673 | +€70,291 | +27.3% |
| Recurring financial income | 75 | €257,382 | €327,673 | +€70,291 | +27.3% |
| Income from financial fixed assets | 750 | €0 | - | = | |
| Income from current assets | 751 | €172,416 | €270,831 | +€98,415 | +57.1% |
| Other financial income | 752/9 | €84,966 | €56,842 | -€28,124 | -33.1% |
| Financial charges | 65/66B | €6,618 | €6,516 | -€102 | -1.5% |
| Recurring financial charges | 65 | €6,618 | €6,516 | -€102 | -1.5% |
| Debt charges | 650 | €258 | €74 | -€184 | -71.4% |
| Other financial charges | 652/9 | €6,361 | €6,443 | +€82 | +1.3% |
| Profit (loss) for the period before taxes | 9903 | €3,616,297 | €1,709,374 | -€1.9m | -52.7% |
| Income taxes | 67/77 | €930,781 | -€3,556 | -€934,337 | |
| Taxes | 670/3 | €1,278,711 | €258,763 | -€1.0m | -79.8% |
| Tax adjustments and reversals of tax provisions | 77 | €347,930 | €262,319 | -€85,611 | -24.6% |
| Profit (loss) for the period | 9904 | €2,685,515 | €1,712,930 | -€972,586 | -36.2% |
| Profit (loss) for the period to be appropriated | 9905 | €2,685,515 | €1,712,930 | -€972,586 | -36.2% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.