HUBERTY MENUISERIE: 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.
HUBERTY MENUISERIE
Largest movements
- Stocks and contracts +€50,408
up €50,408 (+33.5%), from €150,506 to €200,914
of which Contracts in progress: +€45,576
- Cash +€39,093
up €39,093 (+513%), from €7,620 to €46,713
mainly Other debts (+€148,000) and Trade debts (+€44,482)
- Deferred charges and accrued income +€32,928
up €32,928 (+734%), from €4,483 to €37,411
- Tangible fixed assets -€29,647
down €29,647 (-9.8%), from €301,510 to €271,863
- Receivables within one year +€29,433
up €29,433 (+31.8%), from €92,481 to €121,914
of which Trade receivables: +€32,568
- Other debts +€148,000
up €148,000 (+493%), from €30,000 to €178,000
- Trade debts +€44,482
up €44,482 (+40.0%), from €111,270 to €155,752
- Debts after one year -€44,314
down €44,314 (-22.4%), from €197,962 to €153,648
- Profit (loss) carried forward -€23,463
down €23,463 (-38.0%), from €61,817 to €38,354
- Investment grants +€17,026
new in 2025: €17,026
- Gross operating margin -€167,133
down €167,133 (-30.8%), from €542,213 to €375,081
- Staff costs -€116,908
down €116,908 (-24.4%), from €479,866 to €362,957
- Depreciation -€11,279
down €11,279 (-25.8%), from €43,709 to €32,430
- Financial income +€6,910
up €6,910 (+8,568%), from €81 to €6,991
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 | €559,686 | €679,791 | +€120,105 | +21.5% |
| Fixed assets | 21/28 | €304,596 | €272,839 | -€31,757 | -10.4% |
| Intangible fixed assets | 21 | €2,723 | €613 | -€2,110 | -77.5% |
| Tangible fixed assets | 22/27 | €301,510 | €271,863 | -€29,647 | -9.8% |
| Land and buildings | 22 | €231,485 | €225,324 | -€6,161 | -2.7% |
| Plant, machinery and equipment | 23 | €18,623 | €11,755 | -€6,868 | -36.9% |
| Furniture and vehicles | 24 | €4,392 | €2,438 | -€1,954 | -44.5% |
| Leasing and similar rights | 25 | €47,011 | €32,346 | -€14,665 | -31.2% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €255,090 | €406,952 | +€151,863 | +59.5% |
| Stocks and contracts in progress | 3 | €150,506 | €200,914 | +€50,408 | +33.5% |
| Stocks | 30/36 | €96,595 | €101,427 | +€4,832 | +5.0% |
| Contracts in progress | 37 | €53,911 | €99,487 | +€45,576 | +84.5% |
| Amounts receivable within one year | 40/41 | €92,481 | €121,914 | +€29,433 | +31.8% |
| Trade receivables | 40 | €56,424 | €88,992 | +€32,568 | +57.7% |
| Other amounts receivable | 41 | €36,057 | €32,922 | -€3,134 | -8.7% |
| Cash at bank and in hand | 54/58 | €7,620 | €46,713 | +€39,093 | +513% |
| Deferred charges and accrued income | 490/1 | €4,483 | €37,411 | +€32,928 | +734% |
| Total equity and liabilities | 10/49 | €559,686 | €679,791 | +€120,105 | +21.5% |
| Equity | 10/15 | €127,817 | €121,380 | -€6,437 | -5.0% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Reserves | 13 | €6,000 | €6,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,000 | €6,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €61,817 | €38,354 | -€23,463 | -38.0% |
| Investment grants | 15 | - | €17,026 | +€17,026 | |
| Amounts payable | 17/49 | €431,869 | €558,412 | +€126,543 | +29.3% |
| Amounts payable after more than one year | 17 | €197,962 | €153,648 | -€44,314 | -22.4% |
| Financial debts | 170/4 | €197,962 | €153,648 | -€44,314 | -22.4% |
| Amounts payable within one year | 42/48 | €233,907 | €404,763 | +€170,856 | +73.0% |
| Current portion of amounts payable after more than one year | 42 | €50,494 | €44,314 | -€6,180 | -12.2% |
| Financial debts | 43 | €0 | - | = | |
| Other loans | 439 | €0 | - | = | |
| Trade debts | 44 | €111,270 | €155,752 | +€44,482 | +40.0% |
| Suppliers | 440/4 | €111,270 | €155,752 | +€44,482 | +40.0% |
| Advances received on contracts in progress | 46 | €6,806 | €5,190 | -€1,616 | -23.7% |
| Taxes, remuneration and social security | 45 | €35,338 | €21,508 | -€13,830 | -39.1% |
| Taxes | 450/3 | €24,668 | €1,140 | -€23,527 | -95.4% |
| Remuneration and social security | 454/9 | €10,670 | €20,368 | +€9,697 | +90.9% |
| Other amounts payable | 47/48 | €30,000 | €178,000 | +€148,000 | +493% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €479,866 | €362,957 | -€116,908 | -24.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,709 | €32,430 | -€11,279 | -25.8% |
| Other operating charges | 640/8 | €4,037 | €1,333 | -€2,704 | -67.0% |
| Non-recurring operating charges | 66A | - | €3,021 | +€3,021 | |
| Gross operating margin | 9900 | €542,213 | €375,081 | -€167,133 | -30.8% |
| Operating profit (loss) | 9901 | €14,602 | -€24,661 | -€39,262 | |
| Financial income | 75/76B | €81 | €6,991 | +€6,910 | +8,568% |
| Recurring financial income | 75 | €81 | €6,991 | +€6,910 | +8,568% |
| Financial charges | 65/66B | €8,537 | €5,794 | -€2,744 | -32.1% |
| Recurring financial charges | 65 | €8,537 | €5,794 | -€2,744 | -32.1% |
| Profit (loss) for the period before taxes | 9903 | €6,145 | -€23,463 | -€29,609 | |
| Income taxes | 67/77 | €2,208 | €0 | -€2,208 | -100% |
| Profit (loss) for the period | 9904 | €3,937 | -€23,463 | -€27,401 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,937 | -€23,463 | -€27,401 |
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.