HUCA: 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.
HUCA
Largest movements
- Receivables within one year +€27,772
up €27,772 (+15.8%), from €176,039 to €203,812
of which Trade receivables: +€44,898
- Tangible fixed assets -€25,102
down €25,102 (-12.9%), from €194,934 to €169,832
of which Leasing and similar rights: -€12,872
- Debts after one year -€25,428
down €25,428 (-41.2%), from €61,733 to €36,305
- Reserves +€23,972
up €23,972 (+11.8%), from €202,835 to €226,807
- Current portion of long-term debt -€11,341
down €11,341 (-18.3%), from €61,826 to €50,485
- Trade debts +€9,886
up €9,886 (+41.4%), from €23,873 to €33,759
- Tax, wage and social debts +€6,881
up €6,881 (+15.1%), from €45,574 to €52,455
of which Remuneration and social security: +€5,198
- Purchases and services +€102,253
up €102,253 (+24.2%), from €422,288 to €524,540
- Gross operating margin -€17,751
down €17,751 (-5.7%), from €310,257 to €292,506
- Write-downs -€4,759
down €4,759, from €4,622 to -€137
- Taxes -€4,591
down €4,591 (-21.2%), from €21,619 to €17,029
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 | €438,161 | €441,219 | +€3,058 | +0.7% |
| Fixed assets | 21/28 | €194,934 | €169,832 | -€25,102 | -12.9% |
| Tangible fixed assets | 22/27 | €194,934 | €169,832 | -€25,102 | -12.9% |
| Land and buildings | 22 | €177 | - | -€177 | |
| Plant, machinery and equipment | 23 | €4,271 | €5,984 | +€1,712 | +40.1% |
| Furniture and vehicles | 24 | €78,247 | €68,103 | -€10,144 | -13.0% |
| Leasing and similar rights | 25 | €84,821 | €71,948 | -€12,872 | -15.2% |
| Other tangible fixed assets | 26 | €27,419 | €23,797 | -€3,621 | -13.2% |
| Current assets | 29/58 | €243,227 | €271,387 | +€28,160 | +11.6% |
| Amounts receivable within one year | 40/41 | €176,039 | €203,812 | +€27,772 | +15.8% |
| Trade receivables | 40 | €157,124 | €202,022 | +€44,898 | +28.6% |
| Other amounts receivable | 41 | €18,915 | €1,789 | -€17,126 | -90.5% |
| Cash at bank and in hand | 54/58 | €51,513 | €52,493 | +€980 | +1.9% |
| Deferred charges and accrued income | 490/1 | €15,675 | €15,082 | -€592 | -3.8% |
| Total equity and liabilities | 10/49 | €438,161 | €441,219 | +€3,058 | +0.7% |
| Equity | 10/15 | €223,429 | €247,401 | +€23,972 | +10.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €202,835 | €226,807 | +€23,972 | +11.8% |
| Distributable reserves | 133 | €202,835 | €226,807 | +€23,972 | +11.8% |
| Profit (loss) carried forward | 14 | €1,994 | €1,994 | = | 0.0% |
| Amounts payable | 17/49 | €214,732 | €193,818 | -€20,914 | -9.7% |
| Amounts payable after more than one year | 17 | €61,733 | €36,305 | -€25,428 | -41.2% |
| Financial debts | 170/4 | €61,733 | €36,305 | -€25,428 | -41.2% |
| Amounts payable within one year | 42/48 | €152,999 | €157,512 | +€4,514 | +3.0% |
| Current portion of amounts payable after more than one year | 42 | €61,826 | €50,485 | -€11,341 | -18.3% |
| Trade debts | 44 | €23,873 | €33,759 | +€9,886 | +41.4% |
| Suppliers | 440/4 | €23,873 | €33,759 | +€9,886 | +41.4% |
| Taxes, remuneration and social security | 45 | €45,574 | €52,455 | +€6,881 | +15.1% |
| Taxes | 450/3 | €17,129 | €18,812 | +€1,683 | +9.8% |
| Remuneration and social security | 454/9 | €28,446 | €33,644 | +€5,198 | +18.3% |
| Other amounts payable | 47/48 | €21,725 | €20,813 | -€912 | -4.2% |
| Non-recurring operating income | 76A | €6,250 | €6,237 | -€13 | -0.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €422,288 | €524,540 | +€102,253 | +24.2% |
| Remuneration, social security and pensions | 62 | €156,882 | €155,419 | -€1,463 | -0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,358 | €72,811 | -€2,547 | -3.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,622 | -€137 | -€4,759 | |
| Other operating charges | 640/8 | €4,922 | €3,424 | -€1,498 | -30.4% |
| Gross operating margin | 9900 | €310,257 | €292,506 | -€17,751 | -5.7% |
| Operating profit (loss) | 9901 | €68,473 | €60,990 | -€7,483 | -10.9% |
| Financial income | 75/76B | €1 | €30 | +€29 | +5,509% |
| Recurring financial income | 75 | €1 | €30 | +€29 | +5,509% |
| Financial charges | 65/66B | €7,597 | €5,888 | -€1,708 | -22.5% |
| Recurring financial charges | 65 | €7,597 | €5,888 | -€1,708 | -22.5% |
| Profit (loss) for the period before taxes | 9903 | €60,877 | €55,131 | -€5,746 | -9.4% |
| Income taxes | 67/77 | €21,619 | €17,029 | -€4,591 | -21.2% |
| Profit (loss) for the period | 9904 | €39,257 | €38,102 | -€1,155 | -2.9% |
| Profit (loss) for the period to be appropriated | 9905 | €39,257 | €38,102 | -€1,155 | -2.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.