HUFACO: what changed
Two fiscal 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.
What changed
HUFACO
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€2,766
2024 · €11,964-€14,730
Equity
€946,403
2024 · €949,168-€2,766
Cash
€1,397
2024 · €2,150-€753
Balance sheet total
€1.2m
2024 · €1.2m-€4,306
Largest movements
Assets
- Tangible fixed assets -€27,518
down €27,518 (-3.0%), from €909,568 to €882,050
of which Land and buildings: -€17,501
- Receivables within one year +€22,570
up €22,570 (+7.7%), from €291,891 to €314,462
Equity and liabilities
- Trade debts +€12,556
up €12,556 (+113.7%), from €11,048 to €23,604
Income statement
- Gross operating margin -€21,056
down €21,056 (-39.9%), from €52,763 to €31,707
- Taxes -€3,243
down €3,243 (-56.9%), from €5,697 to €2,454
- Financial income +€2,629
up €2,629 (+24.1%), from €10,895 to €13,524
- Purchases and services -€2,464
down €2,464 (-16.0%), from €15,388 to €12,924
- Depreciation -€1,229
down €1,229 (-4.3%), from €28,746 to €27,518
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.
Result 2024
€11,964
Gross operating margin
-€21,056
Depreciation
+€1,229
Other operating charges
+€124
Other operating items
-€235
Financial income
+€2,629
Financial charges
-€683
Taxes
+€3,243
Deferred taxes and other
+€19
Result 2025
-€2,766
Cash bridge derived
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.
From operations
+€13,385
Investment
€0
Financing
-€14,138
Cash 2024
€2,150
From operations (derived)
+€13,385
Net result for the year
-€2,766
Depreciation
+€27,518
Receivables within one year
-€22,570
Deferred charges and accrued income
-€1,394
Provisions
-€1,527
Trade debts
+€12,556
Tax, wage and social debts
+€2,454
Accrued charges and deferred income
-€885
Financing
-€14,138
Debts after one year
-€6,127
Current portion of long-term debt
-€8,011
Cash 2025
€1,397
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,207,555 | €1,203,250 | -€4,306 | -0.4% |
| Fixed assets | 21/28 | €909,568 | €882,050 | -€27,518 | -3.0% |
| Tangible fixed assets | 22/27 | €909,568 | €882,050 | -€27,518 | -3.0% |
| Land and buildings | 22 | €872,201 | €854,700 | -€17,501 | -2.0% |
| Plant, machinery and equipment | 23 | €11,814 | €9,538 | -€2,276 | -19.3% |
| Furniture and vehicles | 24 | €25,553 | €17,813 | -€7,741 | -30.3% |
| Current assets | 29/58 | €297,988 | €321,200 | +€23,212 | +7.8% |
| Amounts receivable within one year | 40/41 | €291,891 | €314,462 | +€22,570 | +7.7% |
| Other amounts receivable | 41 | €291,891 | €314,462 | +€22,570 | +7.7% |
| Cash at bank and in hand | 54/58 | €2,150 | €1,397 | -€753 | -35.0% |
| Deferred charges and accrued income | 490/1 | €3,947 | €5,341 | +€1,394 | +35.3% |
| Total equity and liabilities | 10/49 | €1,207,555 | €1,203,250 | -€4,306 | -0.4% |
| Equity | 10/15 | €949,168 | €946,403 | -€2,766 | -0.3% |
| Contributions | 10/11 | €580,814 | €580,814 | = | 0.0% |
| Capital | 10 | €580,814 | €580,814 | = | 0.0% |
| Issued capital | 100 | €580,814 | €580,814 | = | 0.0% |
| Reserves | 13 | €343,952 | €340,267 | -€3,685 | -1.1% |
| Non-distributable reserves | 130/1 | €58,081 | €58,081 | = | 0.0% |
| Legal reserve | 130 | €58,081 | €58,081 | = | 0.0% |
| Tax-exempt reserves | 132 | €282,291 | €278,606 | -€3,685 | -1.3% |
| Distributable reserves | 133 | €3,580 | €3,580 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,402 | €25,321 | +€919 | +3.8% |
| Provisions and deferred taxes | 16 | €110,088 | €108,561 | -€1,527 | -1.4% |
| Deferred taxes | 168 | €110,088 | €108,561 | -€1,527 | -1.4% |
| Amounts payable | 17/49 | €148,299 | €148,286 | -€13 | 0.0% |
| Amounts payable after more than one year | 17 | €66,965 | €60,837 | -€6,127 | -9.1% |
| Financial debts | 170/4 | €66,965 | €60,837 | -€6,127 | -9.1% |
| Amounts payable within one year | 42/48 | €75,241 | €82,240 | +€7,000 | +9.3% |
| Current portion of amounts payable after more than one year | 42 | €39,395 | €31,385 | -€8,011 | -20.3% |
| Trade debts | 44 | €11,048 | €23,604 | +€12,556 | +113.7% |
| Suppliers | 440/4 | €11,048 | €23,604 | +€12,556 | +113.7% |
| Taxes, remuneration and social security | 45 | €5,453 | €7,907 | +€2,454 | +45.0% |
| Taxes | 450/3 | €5,453 | €7,907 | +€2,454 | +45.0% |
| Other amounts payable | 47/48 | €19,345 | €19,345 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €6,094 | €5,209 | -€885 | -14.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €15,388 | €12,924 | -€2,464 | -16.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,746 | €27,518 | -€1,229 | -4.3% |
| Other operating charges | 640/8 | €15,823 | €15,699 | -€124 | -0.8% |
| Non-recurring operating charges | 66A | €145 | €380 | +€235 | +162.4% |
| Gross operating margin | 9900 | €52,763 | €31,707 | -€21,056 | -39.9% |
| Operating profit (loss) | 9901 | €8,049 | -€11,889 | -€19,938 | |
| Financial income | 75/76B | €10,895 | €13,524 | +€2,629 | +24.1% |
| Recurring financial income | 75 | €10,895 | €13,524 | +€2,629 | +24.1% |
| Financial charges | 65/66B | €2,791 | €3,473 | +€683 | +24.5% |
| Recurring financial charges | 65 | €2,791 | €3,473 | +€683 | +24.5% |
| Profit (loss) for the period before taxes | 9903 | €16,153 | -€1,839 | -€17,992 | |
| Transfer from deferred taxes | 780 | €1,508 | €1,527 | +€19 | +1.2% |
| Income taxes | 67/77 | €5,697 | €2,454 | -€3,243 | -56.9% |
| Profit (loss) for the period | 9904 | €11,964 | -€2,766 | -€14,730 | |
| Transfer from tax-exempt reserves | 789 | €3,704 | €3,685 | -€19 | -0.5% |
| Profit (loss) for the period to be appropriated | 9905 | €15,668 | €919 | -€14,749 | -94.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.