HUBTECH CONSULTING: 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.
HUBTECH CONSULTING
Largest movements
- Receivables within one year -€20,442
down €20,442 (-17.2%), from €119,103 to €98,662
of which Other amounts receivable: -€21,686
- Cash -€17,095
down €17,095 (-26.0%), from €65,628 to €48,532
mainly Contributions, distributions and other (-€101,101) and Tax, wage and social debts (-€24,318)
- Deferred charges and accrued income +€3,316
up €3,316 (+55.8%), from €5,942 to €9,258
- Tangible fixed assets +€3,005
up €3,005 (+120%), from €2,496 to €5,501
of which Other tangible fixed assets: +€2,689
- Tax, wage and social debts -€24,318
down €24,318 (-21.3%), from €114,240 to €89,922
- Trade debts +€22,346
up €22,346 (+785%), from €2,845 to €25,191
of which Bills of exchange payable: +€25,191
- Debts after one year -€16,609
down €16,609 (-92.3%), from €18,002 to €1,393
- Current portion of long-term debt -€9,440
down €9,440 (-36.2%), from €26,049 to €16,609
- Other debts -€3,195
down €3,195 (-3.6%), from €89,131 to €85,936
- Gross operating margin -€13,678
down €13,678 (-9.0%), from €152,659 to €138,981
- Taxes -€8,735
down €8,735 (-20.2%), from €43,344 to €34,609
- Financial charges +€4,152
up €4,152 (+117%), from €3,539 to €7,691
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 | €270,726 | €239,511 | -€31,216 | -11.5% |
| Fixed assets | 21/28 | €80,054 | €83,059 | +€3,005 | +3.8% |
| Tangible fixed assets | 22/27 | €2,496 | €5,501 | +€3,005 | +120% |
| Plant, machinery and equipment | 23 | €2,496 | €2,812 | +€316 | +12.7% |
| Other tangible fixed assets | 26 | - | €2,689 | +€2,689 | |
| Financial fixed assets | 28 | €77,558 | €77,558 | = | 0.0% |
| Current assets | 29/58 | €190,672 | €156,452 | -€34,221 | -17.9% |
| Amounts receivable within one year | 40/41 | €119,103 | €98,662 | -€20,442 | -17.2% |
| Trade receivables | 40 | - | €1,245 | +€1,245 | |
| Other amounts receivable | 41 | €119,103 | €97,417 | -€21,686 | -18.2% |
| Cash at bank and in hand | 54/58 | €65,628 | €48,532 | -€17,095 | -26.0% |
| Deferred charges and accrued income | 490/1 | €5,942 | €9,258 | +€3,316 | +55.8% |
| Total equity and liabilities | 10/49 | €270,726 | €239,511 | -€31,216 | -11.5% |
| Equity | 10/15 | €20,460 | €20,460 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Amounts payable | 17/49 | €250,266 | €219,051 | -€31,216 | -12.5% |
| Amounts payable after more than one year | 17 | €18,002 | €1,393 | -€16,609 | -92.3% |
| Financial debts | 170/4 | €18,002 | €1,393 | -€16,609 | -92.3% |
| Amounts payable within one year | 42/48 | €232,265 | €217,658 | -€14,607 | -6.3% |
| Current portion of amounts payable after more than one year | 42 | €26,049 | €16,609 | -€9,440 | -36.2% |
| Trade debts | 44 | €2,845 | €25,191 | +€22,346 | +785% |
| Suppliers | 440/4 | €2,845 | - | -€2,845 | |
| Bills of exchange payable | 441 | - | €25,191 | +€25,191 | |
| Taxes, remuneration and social security | 45 | €114,240 | €89,922 | -€24,318 | -21.3% |
| Taxes | 450/3 | €114,240 | €89,922 | -€24,318 | -21.3% |
| Other amounts payable | 47/48 | €89,131 | €85,936 | -€3,195 | -3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €735 | €1,428 | +€693 | +94.3% |
| Other operating charges | 640/8 | €264 | - | -€264 | |
| Non-recurring operating charges | 66A | €5,587 | - | -€5,587 | |
| Gross operating margin | 9900 | €152,659 | €138,981 | -€13,678 | -9.0% |
| Operating profit (loss) | 9901 | €146,073 | €137,554 | -€8,519 | -5.8% |
| Financial income | 75/76B | €5,670 | €5,847 | +€177 | +3.1% |
| Recurring financial income | 75 | €5,670 | €5,847 | +€177 | +3.1% |
| Financial charges | 65/66B | €3,539 | €7,691 | +€4,152 | +117% |
| Recurring financial charges | 65 | €3,539 | €7,691 | +€4,152 | +117% |
| Profit (loss) for the period before taxes | 9903 | €148,204 | €135,710 | -€12,494 | -8.4% |
| Income taxes | 67/77 | €43,344 | €34,609 | -€8,735 | -20.2% |
| Profit (loss) for the period | 9904 | €104,860 | €101,101 | -€3,759 | -3.6% |
| Profit (loss) for the period to be appropriated | 9905 | €104,860 | €101,101 | -€3,759 | -3.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.