HUBLET STEPHANIE: what changed
What changed
HUBLET STEPHANIE
filed annual accounts (NBB)
Net result for the year
€48,616
2024 · €51,314-€2,698
Equity
€265,716
2024 · €238,414+€27,302
Cash
€25,645
2024 · €30,478-€4,833
Balance sheet total
€545,192
2024 · €603,034-€57,843
Largest movements
Assets
- Tangible fixed assets -€48,557
down €48,557 (-10.0%), from €485,769 to €437,212
Equity and liabilities
- Debts after one year -€49,681
down €49,681 (-19.8%), from €250,930 to €201,248
- Other debts -€30,400
down €30,400 (-64.2%), from €47,337 to €16,938
- Reserves +€30,000
up €30,000 (+16.7%), from €180,000 to €210,000
Income statement
- Financial charges +€13,629
up €13,629 (+22.0%), from €61,928 to €75,557
- Gross operating margin +€10,561
up €10,561 (+5.8%), from €181,663 to €192,224
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
€51,314
Gross operating margin
+€10,561
Depreciation
+€127
Other operating charges
-€244
Financial income
+€19
Financial charges
-€13,629
Taxes
+€469
Result 2025
€48,616
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
+€71,545
Investment
€0
Financing
-€76,378
Cash 2024
€30,478
From operations (derived)
+€71,545
Net result for the year
+€48,616
Depreciation
+€48,557
Receivables within one year
+€4,526
Deferred charges and accrued income
-€72
Trade debts
+€971
Tax, wage and social debts
-€653
Other debts
-€30,400
Financing
-€76,378
Debts after one year
-€49,681
Current portion of long-term debt
-€5,382
Contributions, distributions and other
-€21,314
Cash 2025
€25,645
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €603,034 | €545,192 | -€57,843 | -9.6% |
| Fixed assets | 21/28 | €485,769 | €437,212 | -€48,557 | -10.0% |
| Tangible fixed assets | 22/27 | €485,769 | €437,212 | -€48,557 | -10.0% |
| Land and buildings | 22 | €359,859 | €343,889 | -€15,970 | -4.4% |
| Plant, machinery and equipment | 23 | €74,521 | €60,032 | -€14,488 | -19.4% |
| Furniture and vehicles | 24 | €51,389 | €33,291 | -€18,098 | -35.2% |
| Current assets | 29/58 | €117,265 | €107,979 | -€9,286 | -7.9% |
| Amounts receivable within one year | 40/41 | €21,838 | €17,313 | -€4,526 | -20.7% |
| Other amounts receivable | 41 | €21,838 | €17,313 | -€4,526 | -20.7% |
| Cash at bank and in hand | 54/58 | €30,478 | €25,645 | -€4,833 | -15.9% |
| Deferred charges and accrued income | 490/1 | €64,949 | €65,022 | +€72 | +0.1% |
| Total equity and liabilities | 10/49 | €603,034 | €545,192 | -€57,843 | -9.6% |
| Equity | 10/15 | €238,414 | €265,716 | +€27,302 | +11.5% |
| Contributions | 10/11 | €37,100 | €37,100 | = | 0.0% |
| Reserves | 13 | €180,000 | €210,000 | +€30,000 | +16.7% |
| Distributable reserves | 133 | €180,000 | €210,000 | +€30,000 | +16.7% |
| Profit (loss) carried forward | 14 | €21,314 | €18,616 | -€2,698 | -12.7% |
| Amounts payable | 17/49 | €364,620 | €279,475 | -€85,145 | -23.4% |
| Amounts payable after more than one year | 17 | €250,930 | €201,248 | -€49,681 | -19.8% |
| Financial debts | 170/4 | €250,930 | €201,248 | -€49,681 | -19.8% |
| Amounts payable within one year | 42/48 | €113,691 | €78,227 | -€35,464 | -31.2% |
| Current portion of amounts payable after more than one year | 42 | €60,978 | €55,596 | -€5,382 | -8.8% |
| Trade debts | 44 | €4,057 | €5,027 | +€971 | +23.9% |
| Suppliers | 440/4 | €4,057 | €5,027 | +€971 | +23.9% |
| Taxes, remuneration and social security | 45 | €1,319 | €666 | -€653 | -49.5% |
| Taxes | 450/3 | €1,319 | €666 | -€653 | -49.5% |
| Other amounts payable | 47/48 | €47,337 | €16,938 | -€30,400 | -64.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,684 | €48,557 | -€127 | -0.3% |
| Other operating charges | 640/8 | €1,695 | €1,938 | +€244 | +14.4% |
| Gross operating margin | 9900 | €181,663 | €192,224 | +€10,561 | +5.8% |
| Operating profit (loss) | 9901 | €131,285 | €141,729 | +€10,444 | +8.0% |
| Financial income | 75/76B | €170 | €188 | +€19 | +11.0% |
| Recurring financial income | 75 | €170 | €188 | +€19 | +11.0% |
| Financial charges | 65/66B | €61,928 | €75,557 | +€13,629 | +22.0% |
| Recurring financial charges | 65 | €61,928 | €75,557 | +€13,629 | +22.0% |
| Profit (loss) for the period before taxes | 9903 | €69,527 | €66,360 | -€3,166 | -4.6% |
| Income taxes | 67/77 | €18,213 | €17,744 | -€469 | -2.6% |
| Profit (loss) for the period | 9904 | €51,314 | €48,616 | -€2,698 | -5.3% |
| Profit (loss) for the period to be appropriated | 9905 | €51,314 | €48,616 | -€2,698 | -5.3% |
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 8 November 2026 via checked.be.