HUBIEFIBER: what changed
What changed
HUBIEFIBER
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
-€197,592
2024 · €236,198-€433,791
Equity
€3,486
2024 · €201,078-€197,592
Cash
€211,369
2024 · €193,500+€17,869
Balance sheet total
€2.4m
2024 · €2.0m+€439,220
Largest movements
Assets
- Receivables within one year +€562,564
up €562,564 (+60.9%), from €923,684 to €1.5m
of which Trade receivables: +€501,209
- Stocks and contracts -€339,442
down €339,442 (-46.0%), from €737,117 to €397,676
of which Contracts in progress: -€435,650
- Tangible fixed assets +€182,840
up €182,840 (+137%), from €133,252 to €316,092
of which Plant, machinery and equipment: +€97,269
Equity and liabilities
- Short-term financial debts +€546,878
up €546,878 (+116%), from €470,731 to €1.0m
of which Other loans: +€425,000
- Other debts -€447,933
down €447,933 (-98.8%), from €453,219 to €5,287
- Trade debts +€340,175
up €340,175 (+57.6%), from €590,222 to €930,397
- Profit (loss) carried forward -€197,592
down €197,592, from €196,078 to -€1,514
- Debts after one year +€123,643
up €123,643 (+185%), from €66,769 to €190,413
Income statement
- Staff costs +€436,949
up €436,949 (+39.4%), from €1.1m to €1.5m
- Taxes -€34,982
down €34,982 (-95.8%), from €36,519 to €1,537
- Depreciation +€33,354
up €33,354 (+115%), from €29,082 to €62,436
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
€236,198
Gross operating margin
+€8,732
Staff costs
-€436,949
Depreciation
-€33,354
Other operating charges
+€781
Financial income
-€3
Financial charges
-€7,979
Taxes
+€34,982
Result 2025
-€197,592
raises the resultlowers the result
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
-€462,382
Investment
-€245,276
Financing
+€725,527
Cash 2024
€193,500
From operations (derived)
-€462,382
Net result for the year
-€197,592
Depreciation
+€62,436
Stocks and contracts
+€339,442
Receivables within one year
-€562,564
Deferred charges and accrued income
-€15,389
Trade debts
+€340,175
Tax, wage and social debts
+€40,833
Other debts
-€447,933
Accrued charges and deferred income
-€21,789
Investment (derived)
-€245,276
Investment in fixed assets (net)
-€245,276
Financing
+€725,527
Debts after one year
+€123,643
Current portion of long-term debt
+€55,006
Short-term financial debts
+€546,878
Cash 2025
€211,369
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,994,506 | €2,433,726 | +€439,220 | +22.0% |
| Fixed assets | 21/28 | €135,752 | €318,592 | +€182,840 | +135% |
| Tangible fixed assets | 22/27 | €133,252 | €316,092 | +€182,840 | +137% |
| Land and buildings | 22 | - | €39,949 | +€39,949 | |
| Plant, machinery and equipment | 23 | €91,747 | €189,016 | +€97,269 | +106% |
| Furniture and vehicles | 24 | €41,505 | €51,672 | +€10,167 | +24.5% |
| Leasing and similar rights | 25 | - | €35,454 | +€35,454 | |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €1,858,754 | €2,115,134 | +€256,381 | +13.8% |
| Stocks and contracts in progress | 3 | €737,117 | €397,676 | -€339,442 | -46.0% |
| Stocks | 30/36 | - | €96,208 | +€96,208 | |
| Contracts in progress | 37 | €737,117 | €301,467 | -€435,650 | -59.1% |
| Amounts receivable within one year | 40/41 | €923,684 | €1,486,248 | +€562,564 | +60.9% |
| Trade receivables | 40 | €767,691 | €1,268,900 | +€501,209 | +65.3% |
| Other amounts receivable | 41 | €155,993 | €217,348 | +€61,355 | +39.3% |
| Cash at bank and in hand | 54/58 | €193,500 | €211,369 | +€17,869 | +9.2% |
| Deferred charges and accrued income | 490/1 | €4,453 | €19,842 | +€15,389 | +346% |
| Total equity and liabilities | 10/49 | €1,994,506 | €2,433,726 | +€439,220 | +22.0% |
| Equity | 10/15 | €201,078 | €3,486 | -€197,592 | -98.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €196,078 | -€1,514 | -€197,592 | |
| Amounts payable | 17/49 | €1,793,428 | €2,430,240 | +€636,813 | +35.5% |
| Amounts payable after more than one year | 17 | €66,769 | €190,413 | +€123,643 | +185% |
| Financial debts | 170/4 | €66,769 | €190,413 | +€123,643 | +185% |
| Amounts payable within one year | 42/48 | €1,703,461 | €2,238,419 | +€534,958 | +31.4% |
| Current portion of amounts payable after more than one year | 42 | €36,521 | €91,526 | +€55,006 | +151% |
| Financial debts | 43 | €470,731 | €1,017,609 | +€546,878 | +116% |
| Credit institutions | 430/8 | €470,731 | €592,609 | +€121,878 | +25.9% |
| Other loans | 439 | - | €425,000 | +€425,000 | |
| Trade debts | 44 | €590,222 | €930,397 | +€340,175 | +57.6% |
| Suppliers | 440/4 | €590,222 | €930,397 | +€340,175 | +57.6% |
| Taxes, remuneration and social security | 45 | €152,768 | €193,600 | +€40,833 | +26.7% |
| Taxes | 450/3 | €38,031 | €18,159 | -€19,871 | -52.3% |
| Remuneration and social security | 454/9 | €114,737 | €175,441 | +€60,704 | +52.9% |
| Other amounts payable | 47/48 | €453,219 | €5,287 | -€447,933 | -98.8% |
| Accrued charges and deferred income | 492/3 | €23,197 | €1,408 | -€21,789 | -93.9% |
| Remuneration, social security and pensions | 62 | €1,109,171 | €1,546,120 | +€436,949 | +39.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,082 | €62,436 | +€33,354 | +115% |
| Other operating charges | 640/8 | €4,464 | €3,683 | -€781 | -17.5% |
| Gross operating margin | 9900 | €1,495,900 | €1,504,632 | +€8,732 | +0.6% |
| Operating profit (loss) | 9901 | €353,182 | -€107,607 | -€460,790 | |
| Financial income | 75/76B | €10 | €7 | -€3 | -32.4% |
| Recurring financial income | 75 | €10 | €7 | -€3 | -32.4% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €80,475 | €88,454 | +€7,979 | +9.9% |
| Recurring financial charges | 65 | €80,475 | €88,454 | +€7,979 | +9.9% |
| Profit (loss) for the period before taxes | 9903 | €272,717 | -€196,055 | -€468,772 | |
| Income taxes | 67/77 | €36,519 | €1,537 | -€34,982 | -95.8% |
| Profit (loss) for the period | 9904 | €236,198 | -€197,592 | -€433,791 | |
| Profit (loss) for the period to be appropriated | 9905 | €236,198 | -€197,592 | -€433,791 |
Next steps
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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 5 November 2026 via checked.be.