HUDE MEDIC: 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.
HUDE MEDIC
Largest movements
- Receivables within one year -€144,746
down €144,746 (-26.1%), from €553,735 to €408,989
of which Other amounts receivable: -€142,837
- Tangible fixed assets -€15,867
down €15,867 (-32.8%), from €48,398 to €32,531
of which Furniture and vehicles: -€19,371
- Cash +€13,959
up €13,959 (+24.7%), from €56,570 to €70,529
mainly Receivables within one year (+€144,746) and Debts after one year (+€112,345)
- Reserves -€181,617
down €181,617 (-57.0%), from €318,766 to €137,149
of which Distributable reserves: -€181,617
- Debts after one year +€112,345
up €112,345 (+1,112%), from €10,102 to €122,448
- Trade debts -€50,809
down €50,809 (-66.9%), from €75,923 to €25,114
- Current portion of long-term debt -€29,854
down €29,854 (-60.4%), from €49,415 to €19,561
- Taxes +€141,009
up €141,009 (+421%), from €33,527 to €174,535
- Gross operating margin +€84,454
up €84,454 (+61.1%), from €138,265 to €222,720
- Depreciation -€19,783
down €19,783 (-48.6%), from €40,684 to €20,900
- Financial income -€15,000
no longer reported in 2024 (was €15,000)
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 | €1,274,163 | €1,127,635 | -€146,528 | -11.5% |
| Fixed assets | 21/28 | €48,448 | €32,581 | -€15,867 | -32.8% |
| Tangible fixed assets | 22/27 | €48,398 | €32,531 | -€15,867 | -32.8% |
| Land and buildings | 22 | €4,834 | €3,625 | -€1,208 | -25.0% |
| Plant, machinery and equipment | 23 | €275 | - | -€275 | |
| Furniture and vehicles | 24 | €43,289 | €23,918 | -€19,371 | -44.7% |
| Other tangible fixed assets | 26 | - | €4,987 | +€4,987 | |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €1,225,715 | €1,095,055 | -€130,661 | -10.7% |
| Amounts receivable after more than one year | 29 | €600,000 | €600,000 | = | 0.0% |
| Trade receivables | 290 | €600,000 | €600,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €553,735 | €408,989 | -€144,746 | -26.1% |
| Trade receivables | 40 | €1,909 | - | -€1,909 | |
| Other amounts receivable | 41 | €551,826 | €408,989 | -€142,837 | -25.9% |
| Cash at bank and in hand | 54/58 | €56,570 | €70,529 | +€13,959 | +24.7% |
| Deferred charges and accrued income | 490/1 | €15,411 | €15,537 | +€126 | +0.8% |
| Total equity and liabilities | 10/49 | €1,274,163 | €1,127,635 | -€146,528 | -11.5% |
| Equity | 10/15 | €1,061,344 | €879,727 | -€181,617 | -17.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €318,766 | €137,149 | -€181,617 | -57.0% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Legal reserve | 130 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €316,266 | €134,649 | -€181,617 | -57.4% |
| Profit (loss) carried forward | 14 | €736,378 | €736,378 | = | 0.0% |
| Amounts payable | 17/49 | €212,819 | €247,908 | +€35,089 | +16.5% |
| Amounts payable after more than one year | 17 | €10,102 | €122,448 | +€112,345 | +1,112% |
| Financial debts | 170/4 | €10,102 | €122,448 | +€112,345 | +1,112% |
| Amounts payable within one year | 42/48 | €202,717 | €125,461 | -€77,256 | -38.1% |
| Current portion of amounts payable after more than one year | 42 | €49,415 | €19,561 | -€29,854 | -60.4% |
| Financial debts | 43 | €18,000 | €18,000 | = | 0.0% |
| Credit institutions | 430/8 | €18,000 | €18,000 | = | 0.0% |
| Trade debts | 44 | €75,923 | €25,114 | -€50,809 | -66.9% |
| Suppliers | 440/4 | €75,923 | €25,114 | -€50,809 | -66.9% |
| Taxes, remuneration and social security | 45 | €59,379 | €62,786 | +€3,407 | +5.7% |
| Taxes | 450/3 | €59,379 | €62,786 | +€3,407 | +5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,684 | €20,900 | -€19,783 | -48.6% |
| Other operating charges | 640/8 | €3,493 | €2,111 | -€1,381 | -39.5% |
| Gross operating margin | 9900 | €138,265 | €222,720 | +€84,454 | +61.1% |
| Operating profit (loss) | 9901 | €94,089 | €199,708 | +€105,619 | +112% |
| Financial income | 75/76B | €15,000 | - | -€15,000 | |
| Recurring financial income | 75 | €15,000 | - | -€15,000 | |
| Financial charges | 65/66B | €3,719 | €2,367 | -€1,351 | -36.3% |
| Recurring financial charges | 65 | €3,719 | €2,367 | -€1,351 | -36.3% |
| Profit (loss) for the period before taxes | 9903 | €105,371 | €197,341 | +€91,970 | +87.3% |
| Income taxes | 67/77 | €33,527 | €174,535 | +€141,009 | +421% |
| Profit (loss) for the period | 9904 | €71,844 | €22,805 | -€49,039 | -68.3% |
| Profit (loss) for the period to be appropriated | 9905 | €71,844 | €22,805 | -€49,039 | -68.3% |
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 20 October 2026 via checked.be.