HUBY-QUETSCH: what changed
What changed
HUBY-QUETSCH
NACE 42.110, Construction of roads and motorways
filed annual accounts (NBB)
Net result for the year
€212,460
2024 · €208,313+€4,147
Equity
€488,000
2024 · €488,000
Cash
€460,776
2024 · €475,242-€14,466
Balance sheet total
€984,369
2024 · €991,742-€7,373
Largest movements
Assets
- Receivables within one year -€82,774
down €82,774 (-39.1%), from €211,520 to €128,746
of which Trade receivables: -€106,578
- Stocks and contracts +€42,546
up €42,546 (+197%), from €21,625 to €64,171
- Tangible fixed assets +€40,715
up €40,715 (+22.5%), from €181,049 to €221,765
of which Furniture and vehicles: +€107,357
- Cash -€14,466
down €14,466 (-3.0%), from €475,242 to €460,776
mainly Contributions, distributions and other (-€212,460) and Investment in fixed assets (net) (-€151,401)
Equity and liabilities
- Debts after one year -€58,723
down €58,723 (-36.8%), from €159,393 to €100,670
- Other debts +€31,694
up €31,694 (+17.5%), from €180,884 to €212,579
Income statement
- Staff costs +€62,496
up €62,496 (+48.3%), from €129,445 to €191,942
- Gross operating margin +€37,106
up €37,106 (+6.9%), from €538,324 to €575,430
- Write-downs -€23,248
down €23,248 (-100%), from €23,248 to €0
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
€208,313
Gross operating margin
+€37,106
Staff costs
-€62,496
Depreciation
-€3,710
Write-downs
+€23,248
Other operating charges
+€5,002
Financial income
+€3,884
Financial charges
+€935
Taxes
+€178
Result 2025
€212,460
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
+€406,789
Investment
-€151,401
Financing
-€269,854
Cash 2024
€475,242
From operations (derived)
+€406,789
Net result for the year
+€212,460
Depreciation
+€110,821
Stocks and contracts
-€42,546
Receivables within one year
+€82,774
Deferred charges and accrued income
-€6,741
Trade debts
+€8,681
Tax, wage and social debts
+€9,748
Other debts
+€31,694
Accrued charges and deferred income
-€101
Investment (derived)
-€151,401
Investment in fixed assets (net)
-€151,401
Financing
-€269,854
Debts after one year
-€58,723
Current portion of long-term debt
+€1,329
Contributions, distributions and other
-€212,460
Cash 2025
€460,776
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €991,742 | €984,369 | -€7,373 | -0.7% |
| Fixed assets | 21/28 | €181,739 | €222,320 | +€40,580 | +22.3% |
| Tangible fixed assets | 22/27 | €181,049 | €221,765 | +€40,715 | +22.5% |
| Land and buildings | 22 | €1,600 | €1,600 | = | 0.0% |
| Plant, machinery and equipment | 23 | €124,693 | €58,051 | -€66,641 | -53.4% |
| Furniture and vehicles | 24 | €54,757 | €162,113 | +€107,357 | +196% |
| Financial fixed assets | 28 | €690 | €555 | -€135 | -19.6% |
| Current assets | 29/58 | €810,003 | €762,050 | -€47,953 | -5.9% |
| Stocks and contracts in progress | 3 | €21,625 | €64,171 | +€42,546 | +197% |
| Stocks | 30/36 | €21,625 | €64,171 | +€42,546 | +197% |
| Amounts receivable within one year | 40/41 | €211,520 | €128,746 | -€82,774 | -39.1% |
| Trade receivables | 40 | €171,637 | €65,058 | -€106,578 | -62.1% |
| Other amounts receivable | 41 | €39,883 | €63,687 | +€23,804 | +59.7% |
| Current investments | 50/53 | €100,000 | €100,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €475,242 | €460,776 | -€14,466 | -3.0% |
| Deferred charges and accrued income | 490/1 | €1,616 | €8,357 | +€6,741 | +417% |
| Total equity and liabilities | 10/49 | €991,742 | €984,369 | -€7,373 | -0.7% |
| Equity | 10/15 | €488,000 | €488,000 | = | 0.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €468,000 | €468,000 | = | 0.0% |
| Distributable reserves | 133 | €468,000 | €468,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €503,742 | €496,369 | -€7,373 | -1.5% |
| Amounts payable after more than one year | 17 | €159,393 | €100,670 | -€58,723 | -36.8% |
| Financial debts | 170/4 | €159,393 | €100,670 | -€58,723 | -36.8% |
| Amounts payable within one year | 42/48 | €342,958 | €394,410 | +€51,451 | +15.0% |
| Current portion of amounts payable after more than one year | 42 | €62,232 | €63,561 | +€1,329 | +2.1% |
| Trade debts | 44 | €78,269 | €86,950 | +€8,681 | +11.1% |
| Suppliers | 440/4 | €78,269 | €86,950 | +€8,681 | +11.1% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €21,573 | €31,320 | +€9,748 | +45.2% |
| Taxes | 450/3 | €3,111 | €7,582 | +€4,471 | +144% |
| Remuneration and social security | 454/9 | €18,462 | €23,738 | +€5,276 | +28.6% |
| Other amounts payable | 47/48 | €180,884 | €212,579 | +€31,694 | +17.5% |
| Accrued charges and deferred income | 492/3 | €1,390 | €1,289 | -€101 | -7.3% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €129,445 | €191,942 | +€62,496 | +48.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €107,111 | €110,821 | +€3,710 | +3.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €23,248 | €0 | -€23,248 | -100% |
| Other operating charges | 640/8 | €8,348 | €3,346 | -€5,002 | -59.9% |
| Gross operating margin | 9900 | €538,324 | €575,430 | +€37,106 | +6.9% |
| Operating profit (loss) | 9901 | €270,172 | €269,322 | -€850 | -0.3% |
| Financial income | 75/76B | €9,127 | €13,011 | +€3,884 | +42.6% |
| Recurring financial income | 75 | €9,127 | €13,011 | +€3,884 | +42.6% |
| Financial charges | 65/66B | €5,518 | €4,583 | -€935 | -16.9% |
| Recurring financial charges | 65 | €5,518 | €4,583 | -€935 | -16.9% |
| Profit (loss) for the period before taxes | 9903 | €273,781 | €277,749 | +€3,968 | +1.4% |
| Income taxes | 67/77 | €65,468 | €65,289 | -€178 | -0.3% |
| Profit (loss) for the period | 9904 | €208,313 | €212,460 | +€4,147 | +2.0% |
| Profit (loss) for the period to be appropriated | 9905 | €208,313 | €212,460 | +€4,147 | +2.0% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.