HUENS PATRICK: 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.
HUENS PATRICK
Largest movements
- Cash +€20,096
up €20,096 (+88.2%), from €22,786 to €42,882
mainly Depreciation (+€72,157) and Current portion of long-term debt (+€15,915)
- Receivables within one year -€8,605
down €8,605 (-12.5%), from €69,097 to €60,492
- Other debts -€20,817
down €20,817 (-9.0%), from €232,488 to €211,671
- Current portion of long-term debt +€15,915
up €15,915 (+78.2%), from €20,358 to €36,273
- Gross operating margin +€5,703
up €5,703 (+7.5%), from €75,994 to €81,696
- Staff costs +€1,500
new in 2025: €1,500
- Financial charges +€1,326
up €1,326 (+90.6%), from €1,463 to €2,789
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 | €773,489 | €778,861 | +€5,372 | +0.7% |
| Fixed assets | 21/28 | €681,606 | €675,488 | -€6,118 | -0.9% |
| Tangible fixed assets | 22/27 | €681,606 | €675,488 | -€6,118 | -0.9% |
| Land and buildings | 22 | €576,894 | €615,609 | +€38,715 | +6.7% |
| Plant, machinery and equipment | 23 | €32,151 | €28,168 | -€3,983 | -12.4% |
| Furniture and vehicles | 24 | €34,425 | €14,476 | -€19,950 | -58.0% |
| Leasing and similar rights | 25 | €38,135 | €17,235 | -€20,900 | -54.8% |
| Current assets | 29/58 | €91,883 | €103,374 | +€11,490 | +12.5% |
| Amounts receivable within one year | 40/41 | €69,097 | €60,492 | -€8,605 | -12.5% |
| Trade receivables | 40 | €69,097 | €60,492 | -€8,605 | -12.5% |
| Cash at bank and in hand | 54/58 | €22,786 | €42,882 | +€20,096 | +88.2% |
| Total equity and liabilities | 10/49 | €773,489 | €778,861 | +€5,372 | +0.7% |
| Equity | 10/15 | €493,389 | €497,233 | +€3,844 | +0.8% |
| Contributions | 10/11 | €399,360 | €399,360 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €92,169 | €96,013 | +€3,844 | +4.2% |
| Amounts payable | 17/49 | €280,100 | €281,628 | +€1,528 | +0.5% |
| Amounts payable after more than one year | 17 | €19,607 | €18,056 | -€1,551 | -7.9% |
| Financial debts | 170/4 | €19,607 | €18,056 | -€1,551 | -7.9% |
| Amounts payable within one year | 42/48 | €260,493 | €263,573 | +€3,079 | +1.2% |
| Current portion of amounts payable after more than one year | 42 | €20,358 | €36,273 | +€15,915 | +78.2% |
| Trade debts | 44 | €2,674 | €8,530 | +€5,856 | +219% |
| Suppliers | 440/4 | €2,674 | €8,530 | +€5,856 | +219% |
| Taxes, remuneration and social security | 45 | €4,973 | €7,098 | +€2,125 | +42.7% |
| Taxes | 450/3 | €4,973 | €7,098 | +€2,125 | +42.7% |
| Other amounts payable | 47/48 | €232,488 | €211,671 | -€20,817 | -9.0% |
| Non-recurring operating income | 76A | €15,000 | €2,000 | -€13,000 | -86.7% |
| Remuneration, social security and pensions | 62 | - | €1,500 | +€1,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,382 | €72,157 | +€775 | +1.1% |
| Other operating charges | 640/8 | €125 | €125 | = | 0.0% |
| Gross operating margin | 9900 | €75,994 | €81,696 | +€5,703 | +7.5% |
| Operating profit (loss) | 9901 | €4,487 | €7,915 | +€3,428 | +76.4% |
| Financial income | 75/76B | €170 | €158 | -€12 | -7.0% |
| Recurring financial income | 75 | €170 | €158 | -€12 | -7.0% |
| Financial charges | 65/66B | €1,463 | €2,789 | +€1,326 | +90.6% |
| Recurring financial charges | 65 | €1,463 | €2,789 | +€1,326 | +90.6% |
| Profit (loss) for the period before taxes | 9903 | €3,194 | €5,284 | +€2,090 | +65.4% |
| Income taxes | 67/77 | €1,971 | €1,440 | -€532 | -27.0% |
| Profit (loss) for the period | 9904 | €1,222 | €3,844 | +€2,622 | +215% |
| Profit (loss) for the period to be appropriated | 9905 | €1,222 | €3,844 | +€2,622 | +215% |
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 14 October 2026 via checked.be.