HUDSON FINANCE: 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.
HUDSON FINANCE
Largest movements
- Current investments +€5,485
up €5,485 (+15.8%), from €34,822 to €40,308
- Tangible fixed assets -€2,548
down €2,548 (-3.7%), from €69,567 to €67,019
- Receivables within one year -€1,656
down €1,656 (-10.8%), from €15,406 to €13,749
- Profit (loss) carried forward +€1,933
up €1,933 (+5.0%), from -€38,433 to -€36,499
- Financial income -€3,809
down €3,809 (-65.8%), from €5,793 to €1,983
of which Non-recurring financial income: -€3,674
- Other operating charges -€1,683
down €1,683 (-35.3%), from €4,770 to €3,087
- Gross operating margin +€588
up €588 (+11.1%), from €5,307 to €5,895
- Financial charges -€514
down €514 (-62.4%), from €823 to €310
- Depreciation +€445
up €445 (+21.2%), from €2,103 to €2,548
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 | €120,413 | €121,851 | +€1,438 | +1.2% |
| Fixed assets | 21/28 | €69,567 | €67,019 | -€2,548 | -3.7% |
| Tangible fixed assets | 22/27 | €69,567 | €67,019 | -€2,548 | -3.7% |
| Land and buildings | 22 | €69,567 | €67,019 | -€2,548 | -3.7% |
| Current assets | 29/58 | €50,845 | €54,832 | +€3,987 | +7.8% |
| Amounts receivable within one year | 40/41 | €15,406 | €13,749 | -€1,656 | -10.8% |
| Other amounts receivable | 41 | €15,406 | €13,749 | -€1,656 | -10.8% |
| Current investments | 50/53 | €34,822 | €40,308 | +€5,485 | +15.8% |
| Cash at bank and in hand | 54/58 | €617 | €775 | +€158 | +25.6% |
| Total equity and liabilities | 10/49 | €120,413 | €121,851 | +€1,438 | +1.2% |
| Equity | 10/15 | €119,319 | €121,252 | +€1,933 | +1.6% |
| Contributions | 10/11 | €102,000 | €102,000 | = | 0.0% |
| Capital | 10 | €102,000 | €102,000 | = | 0.0% |
| Issued capital | 100 | €102,000 | €102,000 | = | 0.0% |
| Reserves | 13 | €55,752 | €55,752 | = | 0.0% |
| Non-distributable reserves | 130/1 | €14,874 | €14,874 | = | 0.0% |
| Legal reserve | 130 | €14,874 | €14,874 | = | 0.0% |
| Distributable reserves | 133 | €40,878 | €40,878 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€38,433 | -€36,499 | +€1,933 | +5.0% |
| Amounts payable | 17/49 | €1,094 | €599 | -€495 | -45.2% |
| Amounts payable within one year | 42/48 | €1,094 | €599 | -€495 | -45.2% |
| Trade debts | 44 | €1,094 | €599 | -€495 | -45.2% |
| Suppliers | 440/4 | €1,094 | €599 | -€495 | -45.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,103 | €2,548 | +€445 | +21.2% |
| Other operating charges | 640/8 | €4,770 | €3,087 | -€1,683 | -35.3% |
| Gross operating margin | 9900 | €5,307 | €5,895 | +€588 | +11.1% |
| Operating profit (loss) | 9901 | -€1,566 | €260 | +€1,825 | |
| Financial income | 75/76B | €5,793 | €1,983 | -€3,809 | -65.8% |
| Recurring financial income | 75 | €2,118 | €1,983 | -€135 | -6.4% |
| Non-recurring financial income | 76B | €3,674 | - | -€3,674 | |
| Financial charges | 65/66B | €823 | €310 | -€514 | -62.4% |
| Recurring financial charges | 65 | €823 | €310 | -€514 | -62.4% |
| Profit (loss) for the period before taxes | 9903 | €3,404 | €1,933 | -€1,470 | -43.2% |
| Profit (loss) for the period | 9904 | €3,404 | €1,933 | -€1,470 | -43.2% |
| Profit (loss) for the period to be appropriated | 9905 | €3,404 | €1,933 | -€1,470 | -43.2% |
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 29 October 2026 via checked.be.