HUBIN CONSULT: 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.
HUBIN CONSULT
Largest movements
- Cash +€141,021
up €141,021 (+105%), from €133,838 to €274,859
mainly Net result for the year (+€103,965) and Tax, wage and social debts (+€35,415)
- Profit (loss) carried forward +€103,132
up €103,132 (+93.1%), from €110,822 to €213,954
- Tax, wage and social debts +€35,415
up €35,415 (+70.6%), from €50,198 to €85,614
of which Taxes: +€27,035
- Trade debts +€3,453
new in 2025: €3,453
- Gross operating margin -€9,681
down €9,681 (-6.7%), from €145,271 to €135,590
- Taxes -€2,246
down €2,246 (-6.9%), from €32,341 to €30,094
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 | €166,286 | €307,375 | +€141,089 | +84.8% |
| Fixed assets | 21/28 | €4,503 | €5,539 | +€1,036 | +23.0% |
| Tangible fixed assets | 22/27 | €4,503 | €5,539 | +€1,036 | +23.0% |
| Furniture and vehicles | 24 | €4,503 | €3,314 | -€1,190 | -26.4% |
| Other tangible fixed assets | 26 | - | €2,226 | +€2,226 | |
| Current assets | 29/58 | €161,782 | €301,836 | +€140,053 | +86.6% |
| Amounts receivable within one year | 40/41 | €19,905 | €20,981 | +€1,077 | +5.4% |
| Trade receivables | 40 | €19,905 | €20,981 | +€1,077 | +5.4% |
| Cash at bank and in hand | 54/58 | €133,838 | €274,859 | +€141,021 | +105% |
| Deferred charges and accrued income | 490/1 | €8,040 | €5,995 | -€2,045 | -25.4% |
| Total equity and liabilities | 10/49 | €166,286 | €307,375 | +€141,089 | +84.8% |
| Equity | 10/15 | €113,322 | €216,454 | +€103,132 | +91.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €110,822 | €213,954 | +€103,132 | +93.1% |
| Amounts payable | 17/49 | €52,963 | €90,921 | +€37,957 | +71.7% |
| Amounts payable within one year | 42/48 | €52,963 | €90,921 | +€37,957 | +71.7% |
| Trade debts | 44 | - | €3,453 | +€3,453 | |
| Suppliers | 440/4 | - | €3,453 | +€3,453 | |
| Taxes, remuneration and social security | 45 | €50,198 | €85,614 | +€35,415 | +70.6% |
| Taxes | 450/3 | €49,758 | €76,794 | +€27,035 | +54.3% |
| Remuneration and social security | 454/9 | €440 | €8,820 | +€8,380 | +1,905% |
| Other amounts payable | 47/48 | €2,765 | €1,854 | -€911 | -33.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €605 | €1,279 | +€674 | +111% |
| Other operating charges | 640/8 | €526 | €112 | -€415 | -78.8% |
| Gross operating margin | 9900 | €145,271 | €135,590 | -€9,681 | -6.7% |
| Operating profit (loss) | 9901 | €144,139 | €134,199 | -€9,940 | -6.9% |
| Financial charges | 65/66B | €117 | €140 | +€23 | +19.2% |
| Recurring financial charges | 65 | €117 | €140 | +€23 | +19.2% |
| Profit (loss) for the period before taxes | 9903 | €144,022 | €134,059 | -€9,963 | -6.9% |
| Income taxes | 67/77 | €32,341 | €30,094 | -€2,246 | -6.9% |
| Profit (loss) for the period | 9904 | €111,681 | €103,965 | -€7,716 | -6.9% |
| Profit (loss) for the period to be appropriated | 9905 | €111,681 | €103,965 | -€7,716 | -6.9% |
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.