HUBLET EXPERTISES: 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.
HUBLET EXPERTISES
Largest movements
- Tangible fixed assets -€10,142
down €10,142 (-22.3%), from €45,569 to €35,427
of which Furniture and vehicles: -€10,142
- Cash -€9,619
down €9,619 (-99.1%), from €9,707 to €88
mainly Net result for the year (-€15,490) and Other debts (-€6,191)
- Deferred charges and accrued income -€1,268
down €1,268 (-67.6%), from €1,876 to €608
- Profit (loss) carried forward -€15,490
down €15,490 (-923%), from -€1,679 to -€17,169
- Other debts -€6,191
down €6,191 (-26.4%), from €23,472 to €17,281
- Trade debts +€914
up €914 (+9.2%), from €9,952 to €10,866
- Gross operating margin -€26,250
down €26,250, from €23,825 to -€2,424
- Depreciation +€5,001
up €5,001 (+97.3%), from €5,140 to €10,142
- Other operating charges +€852
up €852 (+49.2%), from €1,732 to €2,584
- Taxes -€802
down €802 (-80.2%), from €1,000 to €198
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €82,484 | €62,164 | -€20,320 | -24.6% |
| Fixed assets | 21/28 | €45,569 | €35,427 | -€10,142 | -22.3% |
| Tangible fixed assets | 22/27 | €45,569 | €35,427 | -€10,142 | -22.3% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €45,569 | €35,427 | -€10,142 | -22.3% |
| Current assets | 29/58 | €36,915 | €26,737 | -€10,178 | -27.6% |
| Amounts receivable within one year | 40/41 | €25,332 | €26,040 | +€708 | +2.8% |
| Trade receivables | 40 | €23,962 | €26,040 | +€2,078 | +8.7% |
| Other amounts receivable | 41 | €1,370 | €0 | -€1,370 | -100% |
| Cash at bank and in hand | 54/58 | €9,707 | €88 | -€9,619 | -99.1% |
| Deferred charges and accrued income | 490/1 | €1,876 | €608 | -€1,268 | -67.6% |
| Total equity and liabilities | 10/49 | €82,484 | €62,164 | -€20,320 | -24.6% |
| Equity | 10/15 | €18,571 | €3,081 | -€15,490 | -83.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €250 | €250 | = | 0.0% |
| Distributable reserves | 133 | €250 | €250 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,679 | -€17,169 | -€15,490 | -923% |
| Amounts payable | 17/49 | €63,913 | €59,083 | -€4,830 | -7.6% |
| Amounts payable within one year | 42/48 | €63,913 | €58,450 | -€5,463 | -8.5% |
| Financial debts | 43 | €29,489 | €29,489 | = | 0.0% |
| Credit institutions | 430/8 | - | €29,489 | +€29,489 | |
| Other loans | 439 | €29,489 | - | -€29,489 | |
| Trade debts | 44 | €9,952 | €10,866 | +€914 | +9.2% |
| Suppliers | 440/4 | €9,952 | €10,866 | +€914 | +9.2% |
| Taxes, remuneration and social security | 45 | €1,000 | €814 | -€186 | -18.6% |
| Taxes | 450/3 | €1,000 | €814 | -€186 | -18.6% |
| Other amounts payable | 47/48 | €23,472 | €17,281 | -€6,191 | -26.4% |
| Accrued charges and deferred income | 492/3 | - | €633 | +€633 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,140 | €10,142 | +€5,001 | +97.3% |
| Other operating charges | 640/8 | €1,732 | €2,584 | +€852 | +49.2% |
| Gross operating margin | 9900 | €23,825 | -€2,424 | -€26,250 | |
| Operating profit (loss) | 9901 | €16,953 | -€15,150 | -€32,103 | |
| Financial income | 75/76B | - | €20 | +€20 | |
| Recurring financial income | 75 | - | €20 | +€20 | |
| Financial charges | 65/66B | €77 | €161 | +€84 | +110% |
| Recurring financial charges | 65 | €77 | €161 | +€84 | +110% |
| Profit (loss) for the period before taxes | 9903 | €16,876 | -€15,292 | -€32,168 | |
| Income taxes | 67/77 | €1,000 | €198 | -€802 | -80.2% |
| Profit (loss) for the period | 9904 | €15,876 | -€15,490 | -€31,366 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,876 | -€15,490 | -€31,366 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.