HUBMED: 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.
HUBMED
Largest movements
- Cash +€9,379
up €9,379 (+177%), from €5,313 to €14,692
mainly Net result for the year (+€23,138) and Depreciation (+€1,592)
- Tangible fixed assets +€2,259
up €2,259 (+275%), from €822 to €3,080
- Profit (loss) carried forward +€23,138
up €23,138 (+36.3%), from -€63,801 to -€40,663
- Other debts -€11,435
down €11,435 (-22.5%), from €50,907 to €39,472
- Gross operating margin +€14,701
up €14,701 (+139%), from €10,546 to €25,247
- Other operating charges -€1,610
down €1,610 (-75.7%), from €2,127 to €517
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 | €6,134 | €17,837 | +€11,702 | +191% |
| Fixed assets | 21/28 | €822 | €3,080 | +€2,259 | +275% |
| Tangible fixed assets | 22/27 | €822 | €3,080 | +€2,259 | +275% |
| Furniture and vehicles | 24 | €822 | €3,080 | +€2,259 | +275% |
| Current assets | 29/58 | €5,313 | €14,757 | +€9,444 | +178% |
| Cash at bank and in hand | 54/58 | €5,313 | €14,692 | +€9,379 | +177% |
| Deferred charges and accrued income | 490/1 | - | €65 | +€65 | |
| Total equity and liabilities | 10/49 | €6,134 | €17,837 | +€11,702 | +191% |
| Equity | 10/15 | -€45,201 | -€22,063 | +€23,138 | +51.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€63,801 | -€40,663 | +€23,138 | +36.3% |
| Amounts payable | 17/49 | €51,335 | €39,900 | -€11,435 | -22.3% |
| Amounts payable within one year | 42/48 | €51,335 | €39,900 | -€11,435 | -22.3% |
| Taxes, remuneration and social security | 45 | €428 | €428 | = | 0.0% |
| Taxes | 450/3 | €428 | €428 | = | 0.0% |
| Other amounts payable | 47/48 | €50,907 | €39,472 | -€11,435 | -22.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,500 | €1,592 | +€92 | +6.1% |
| Other operating charges | 640/8 | €2,127 | €517 | -€1,610 | -75.7% |
| Gross operating margin | 9900 | €10,546 | €25,247 | +€14,701 | +139% |
| Operating profit (loss) | 9901 | €6,919 | €23,138 | +€16,219 | +234% |
| Financial charges | 65/66B | €52 | - | -€52 | |
| Recurring financial charges | 65 | €52 | - | -€52 | |
| Profit (loss) for the period before taxes | 9903 | €6,867 | €23,138 | +€16,271 | +237% |
| Income taxes | 67/77 | €223 | - | -€223 | |
| Profit (loss) for the period | 9904 | €6,643 | €23,138 | +€16,494 | +248% |
| Profit (loss) for the period to be appropriated | 9905 | €6,643 | €23,138 | +€16,494 | +248% |
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 18 October 2026 via checked.be.