HUBOIS: what changed
What changed
HUBOIS
NACE 74.999, Other professional, scientific and technical activities
filed annual accounts (NBB)
Net result for the year
€482,844
2024 · €360,903+€121,941
Equity
€2.9m
2024 · €2.4m+€482,844
Cash
€173,344
2024 · €130,309+€43,035
Balance sheet total
€4.2m
2024 · €4.9m-€709,932
Largest movements
Assets
- Tangible fixed assets -€494,503
down €494,503 (-11.8%), from €4.2m to €3.7m
of which Land and buildings: -€560,526
- Receivables after one year -€283,000
down €283,000 (-99.0%), from €285,986 to €2,986
Equity and liabilities
- Short-term financial debts -€534,000
down €534,000 (-100%), from €534,000 to €0
- Other debts -€488,792
down €488,792 (-33.3%), from €1.5m to €978,607
- Reserves +€482,844
up €482,844 (+20.3%), from €2.4m to €2.9m
of which Distributable reserves: +€488,174
- Debts after one year -€128,809
down €128,809 (-80.5%), from €160,000 to €31,191
- Accrued charges and deferred income -€94,021
down €94,021 (-100%), from €94,021 to €0
Income statement
- Other operating charges -€206,910
down €206,910 (-84.0%), from €246,333 to €39,423
- Gross operating margin -€204,689
down €204,689 (-16.0%), from €1.3m to €1.1m
- Depreciation -€170,150
down €170,150 (-49.8%), from €341,523 to €171,373
- Taxes +€146,369
up €146,369 (+102%), from €143,532 to €289,900
- Financial charges -€55,913
down €55,913 (-38.3%), from €146,136 to €90,223
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
€360,903
Gross operating margin
-€204,689
Depreciation
+€170,150
Other operating charges
+€206,910
Financial income
-€680
Financial charges
+€55,913
Taxes
-€146,369
Deferred taxes and other
+€40,705
Result 2025
€482,844
raises the resultlowers the resultnot broken down further in the accounts
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
+€407,641
Investment
+€323,130
Financing
-€687,735
Cash 2024
€130,309
From operations (derived)
+€407,641
Net result for the year
+€482,844
Depreciation
+€171,373
Receivables after one year
+€283,000
Receivables within one year
+€15,925
Deferred charges and accrued income
-€40,460
Provisions
-€1,333
Trade debts
-€13,777
Tax, wage and social debts
+€92,881
Other debts
-€488,792
Accrued charges and deferred income
-€94,021
Investment (derived)
+€323,130
Investment in fixed assets (net)
+€323,130
Financing
-€687,735
Debts after one year
-€128,809
Current portion of long-term debt
-€24,926
Short-term financial debts
-€534,000
Cash 2025
€173,344
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,873,989 | €4,164,057 | -€709,932 | -14.6% |
| Fixed assets | 21/28 | €4,194,631 | €3,700,128 | -€494,503 | -11.8% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €4,194,631 | €3,700,128 | -€494,503 | -11.8% |
| Land and buildings | 22 | €4,183,953 | €3,623,426 | -€560,526 | -13.4% |
| Furniture and vehicles | 24 | €10,678 | €2,310 | -€8,368 | -78.4% |
| Leasing and similar rights | 25 | - | €74,391 | +€74,391 | |
| Current assets | 29/58 | €679,358 | €463,929 | -€215,429 | -31.7% |
| Amounts receivable after more than one year | 29 | €285,986 | €2,986 | -€283,000 | -99.0% |
| Other amounts receivable | 291 | €285,986 | €2,986 | -€283,000 | -99.0% |
| Amounts receivable within one year | 40/41 | €40,458 | €24,533 | -€15,925 | -39.4% |
| Trade receivables | 40 | €6,098 | €12,859 | +€6,761 | +111% |
| Other amounts receivable | 41 | €34,360 | €11,673 | -€22,686 | -66.0% |
| Cash at bank and in hand | 54/58 | €130,309 | €173,344 | +€43,035 | +33.0% |
| Deferred charges and accrued income | 490/1 | €222,606 | €263,066 | +€40,460 | +18.2% |
| Total equity and liabilities | 10/49 | €4,873,989 | €4,164,057 | -€709,932 | -14.6% |
| Equity | 10/15 | €2,444,072 | €2,926,916 | +€482,844 | +19.8% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Reserves | 13 | €2,381,572 | €2,864,416 | +€482,844 | +20.3% |
| Tax-exempt reserves | 132 | €168,696 | €163,366 | -€5,330 | -3.2% |
| Distributable reserves | 133 | €2,212,875 | €2,701,049 | +€488,174 | +22.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €39,373 | €38,040 | -€1,333 | -3.4% |
| Deferred taxes | 168 | €39,373 | €38,040 | -€1,333 | -3.4% |
| Amounts payable | 17/49 | €2,390,545 | €1,199,101 | -€1.2m | -49.8% |
| Amounts payable after more than one year | 17 | €160,000 | €31,191 | -€128,809 | -80.5% |
| Financial debts | 170/4 | €160,000 | €31,191 | -€128,809 | -80.5% |
| Amounts payable within one year | 42/48 | €2,136,524 | €1,167,911 | -€968,613 | -45.3% |
| Current portion of amounts payable after more than one year | 42 | €80,000 | €55,074 | -€24,926 | -31.2% |
| Financial debts | 43 | €534,000 | €0 | -€534,000 | -100% |
| Credit institutions | 430/8 | €534,000 | €0 | -€534,000 | -100% |
| Trade debts | 44 | €17,619 | €3,842 | -€13,777 | -78.2% |
| Suppliers | 440/4 | €17,619 | €3,842 | -€13,777 | -78.2% |
| Taxes, remuneration and social security | 45 | €37,506 | €130,387 | +€92,881 | +248% |
| Taxes | 450/3 | €37,506 | €130,387 | +€92,881 | +248% |
| Other amounts payable | 47/48 | €1,467,399 | €978,607 | -€488,792 | -33.3% |
| Accrued charges and deferred income | 492/3 | €94,021 | €0 | -€94,021 | -100% |
| Non-recurring operating income | 76A | €626,301 | €380,630 | -€245,671 | -39.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €341,523 | €171,373 | -€170,150 | -49.8% |
| Other operating charges | 640/8 | €246,333 | €39,423 | -€206,910 | -84.0% |
| Gross operating margin | 9900 | €1,276,989 | €1,072,300 | -€204,689 | -16.0% |
| Operating profit (loss) | 9901 | €689,133 | €861,504 | +€172,371 | +25.0% |
| Financial income | 75/76B | €811 | €131 | -€680 | -83.9% |
| Recurring financial income | 75 | €811 | €131 | -€680 | -83.9% |
| Financial charges | 65/66B | €146,136 | €90,223 | -€55,913 | -38.3% |
| Recurring financial charges | 65 | €146,136 | €90,223 | -€55,913 | -38.3% |
| Profit (loss) for the period before taxes | 9903 | €543,807 | €771,411 | +€227,604 | +41.9% |
| Transfer from deferred taxes | 780 | €604 | €1,333 | +€728 | +120% |
| Transfer to deferred taxes | 680 | €39,977 | €0 | -€39,977 | -100% |
| Income taxes | 67/77 | €143,532 | €289,900 | +€146,369 | +102% |
| Profit (loss) for the period | 9904 | €360,903 | €482,844 | +€121,941 | +33.8% |
| Transfer from tax-exempt reserves | 789 | €2,418 | €5,330 | +€2,913 | +120% |
| Transfer to tax-exempt reserves | 689 | €159,908 | €0 | -€159,908 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €203,412 | €488,174 | +€284,762 | +140% |
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 2 November 2026 via checked.be.