HUBERT VAN LAEREN: 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.
HUBERT VAN LAEREN
Largest movements
- Current investments +€20,000
up €20,000 (+6.5%), from €310,000 to €330,000
- Cash -€4,085
down €4,085 (-50.5%), from €8,087 to €4,002
mainly Current investments (-€20,000)
- Receivables within one year -€3,626
down €3,626 (-92.4%), from €3,923 to €297
- Profit (loss) carried forward +€12,289
up €12,289 (+4.0%), from €308,478 to €320,767
- Financial income -€3,289
down €3,289 (-29.2%), from €11,267 to €7,978
- Taxes -€861
down €861 (-17.4%), from €4,957 to €4,096
- Gross operating margin -€140
down €140 (-1.6%), from €8,716 to €8,576
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 | €335,978 | €348,267 | +€12,289 | +3.7% |
| Fixed assets | 21/28 | €13,711 | €13,711 | = | 0.0% |
| Financial fixed assets | 28 | €13,711 | €13,711 | = | 0.0% |
| Current assets | 29/58 | €322,267 | €334,556 | +€12,289 | +3.8% |
| Amounts receivable within one year | 40/41 | €3,923 | €297 | -€3,626 | -92.4% |
| Other amounts receivable | 41 | €3,923 | €297 | -€3,626 | -92.4% |
| Current investments | 50/53 | €310,000 | €330,000 | +€20,000 | +6.5% |
| Cash at bank and in hand | 54/58 | €8,087 | €4,002 | -€4,085 | -50.5% |
| Deferred charges and accrued income | 490/1 | €257 | €256 | -€1 | -0.3% |
| Total equity and liabilities | 10/49 | €335,978 | €348,267 | +€12,289 | +3.7% |
| Equity | 10/15 | €335,978 | €348,267 | +€12,289 | +3.7% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €308,478 | €320,767 | +€12,289 | +4.0% |
| Amounts payable | 17/49 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Other operating charges | 640/8 | €115 | €126 | +€11 | +9.6% |
| Gross operating margin | 9900 | €8,716 | €8,576 | -€140 | -1.6% |
| Operating profit (loss) | 9901 | €8,601 | €8,450 | -€151 | -1.8% |
| Financial income | 75/76B | €11,267 | €7,978 | -€3,289 | -29.2% |
| Recurring financial income | 75 | €11,267 | €7,978 | -€3,289 | -29.2% |
| Financial charges | 65/66B | €39 | €44 | +€5 | +11.5% |
| Recurring financial charges | 65 | €39 | €44 | +€5 | +11.5% |
| Profit (loss) for the period before taxes | 9903 | €19,829 | €16,385 | -€3,444 | -17.4% |
| Income taxes | 67/77 | €4,957 | €4,096 | -€861 | -17.4% |
| Profit (loss) for the period | 9904 | €14,872 | €12,289 | -€2,583 | -17.4% |
| Profit (loss) for the period to be appropriated | 9905 | €14,872 | €12,289 | -€2,583 | -17.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.