HUFTER: 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.
HUFTER
Largest movements
- Receivables within one year -€43,339
down €43,339 (-34.7%), from €124,756 to €81,417
of which Other amounts receivable: -€75,071
- Cash +€20,584
up €20,584 (+10.4%), from €197,753 to €218,337
mainly Trade debts (+€53,431) and Receivables within one year (+€43,339)
- Stocks and contracts -€15,248
down €15,248 (-70.4%), from €21,673 to €6,425
- Other debts -€122,380
down €122,380 (-85.3%), from €143,548 to €21,169
- Trade debts +€53,431
up €53,431 (+223%), from €23,968 to €77,399
- Reserves +€27,653
up €27,653 (+33.6%), from €82,278 to €109,931
- Gross operating margin +€59,651
up €59,651, from -€22,224 to €37,427
- Taxes +€2,765
up €2,765, from €0 to €2,765
- Financial charges +€1,780
up €1,780 (+126%), from €1,411 to €3,191
- Other operating charges +€681
up €681 (+39.0%), from €1,749 to €2,430
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 | €350,158 | €312,494 | -€37,665 | -10.8% |
| Fixed assets | 21/28 | €4,155 | €4,225 | +€70 | +1.7% |
| Tangible fixed assets | 22/27 | €4,155 | €4,225 | +€70 | +1.7% |
| Plant, machinery and equipment | 23 | €4,155 | €4,225 | +€70 | +1.7% |
| Current assets | 29/58 | €346,003 | €308,269 | -€37,735 | -10.9% |
| Stocks and contracts in progress | 3 | €21,673 | €6,425 | -€15,248 | -70.4% |
| Stocks | 30/36 | €21,673 | €6,425 | -€15,248 | -70.4% |
| Amounts receivable within one year | 40/41 | €124,756 | €81,417 | -€43,339 | -34.7% |
| Trade receivables | 40 | €40,301 | €72,033 | +€31,732 | +78.7% |
| Other amounts receivable | 41 | €84,456 | €9,384 | -€75,071 | -88.9% |
| Cash at bank and in hand | 54/58 | €197,753 | €218,337 | +€20,584 | +10.4% |
| Deferred charges and accrued income | 490/1 | €1,821 | €2,090 | +€268 | +14.7% |
| Total equity and liabilities | 10/49 | €350,158 | €312,494 | -€37,665 | -10.8% |
| Equity | 10/15 | €182,642 | €210,295 | +€27,653 | +15.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €82,278 | €109,931 | +€27,653 | +33.6% |
| Distributable reserves | 133 | €82,278 | €109,931 | +€27,653 | +33.6% |
| Profit (loss) carried forward | 14 | €94,164 | €94,164 | = | 0.0% |
| Amounts payable | 17/49 | €167,516 | €102,198 | -€65,318 | -39.0% |
| Amounts payable within one year | 42/48 | €167,516 | €101,298 | -€66,218 | -39.5% |
| Trade debts | 44 | €23,968 | €77,399 | +€53,431 | +223% |
| Suppliers | 440/4 | €23,968 | €77,399 | +€53,431 | +223% |
| Taxes, remuneration and social security | 45 | €0 | €2,730 | +€2,730 | |
| Taxes | 450/3 | €0 | €2,730 | +€2,730 | |
| Other amounts payable | 47/48 | €143,548 | €21,169 | -€122,380 | -85.3% |
| Accrued charges and deferred income | 492/3 | - | €900 | +€900 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,419 | €1,505 | +€86 | +6.1% |
| Other operating charges | 640/8 | €1,749 | €2,430 | +€681 | +39.0% |
| Gross operating margin | 9900 | -€22,224 | €37,427 | +€59,651 | |
| Operating profit (loss) | 9901 | -€25,392 | €33,492 | +€58,884 | |
| Financial income | 75/76B | €160 | €117 | -€43 | -26.6% |
| Recurring financial income | 75 | €160 | €117 | -€43 | -26.6% |
| Financial charges | 65/66B | €1,411 | €3,191 | +€1,780 | +126% |
| Recurring financial charges | 65 | €1,411 | €3,191 | +€1,780 | +126% |
| Profit (loss) for the period before taxes | 9903 | -€26,642 | €30,418 | +€57,061 | |
| Income taxes | 67/77 | €0 | €2,765 | +€2,765 | |
| Profit (loss) for the period | 9904 | -€26,642 | €27,653 | +€54,296 | |
| Profit (loss) for the period to be appropriated | 9905 | -€26,642 | €27,653 | +€54,296 |
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 13 October 2026 via checked.be.