HUGECO: 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.
HUGECO
Largest movements
- Tangible fixed assets -€9,661
down €9,661 (-5.2%), from €186,185 to €176,524
of which Land and buildings: -€11,668
- Cash +€3,263
up €3,263 (+39.2%), from €8,334 to €11,597
mainly Depreciation (+€12,145) and Net result for the year (+€7,981)
- Debts after one year -€11,702
down €11,702 (-7.5%), from €155,747 to €144,045
of which Financial debts: -€11,702
- Profit (loss) carried forward +€7,981
up €7,981 (+15.5%), from -€51,619 to -€43,638
- Current portion of long-term debt -€4,708
down €4,708 (-28.9%), from €16,273 to €11,565
- Other debts +€1,980
up €1,980 (+28.0%), from €7,080 to €9,060
- Financial charges +€2,226
up €2,226 (+1159.4%), from €192 to €2,418
- Other operating charges -€288
down €288 (-8.4%), from €3,420 to €3,132
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €195,681 | €189,232 | -€6,449 | -3.3% |
| Fixed assets | 21/28 | €186,185 | €176,524 | -€9,661 | -5.2% |
| Tangible fixed assets | 22/27 | €186,185 | €176,524 | -€9,661 | -5.2% |
| Land and buildings | 22 | €185,669 | €174,001 | -€11,668 | -6.3% |
| Plant, machinery and equipment | 23 | - | €2,278 | +€2,278 | |
| Furniture and vehicles | 24 | €327 | €245 | -€82 | -25.1% |
| Other tangible fixed assets | 26 | €189 | - | -€189 | |
| Current assets | 29/58 | €9,496 | €12,708 | +€3,212 | +33.8% |
| Amounts receivable within one year | 40/41 | €79 | - | -€79 | |
| Other amounts receivable | 41 | €79 | - | -€79 | |
| Cash at bank and in hand | 54/58 | €8,334 | €11,597 | +€3,263 | +39.2% |
| Deferred charges and accrued income | 490/1 | €1,083 | €1,111 | +€28 | +2.6% |
| Total equity and liabilities | 10/49 | €195,681 | €189,232 | -€6,449 | -3.3% |
| Equity | 10/15 | €16,581 | €24,562 | +€7,981 | +48.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€51,619 | -€43,638 | +€7,981 | +15.5% |
| Amounts payable | 17/49 | €179,100 | €164,670 | -€14,430 | -8.1% |
| Amounts payable after more than one year | 17 | €155,747 | €144,045 | -€11,702 | -7.5% |
| Financial debts | 170/4 | €75,747 | €64,045 | -€11,702 | -15.4% |
| Other amounts payable | 178/9 | €80,000 | €80,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €23,353 | €20,625 | -€2,728 | -11.7% |
| Current portion of amounts payable after more than one year | 42 | €16,273 | €11,565 | -€4,708 | -28.9% |
| Other amounts payable | 47/48 | €7,080 | €9,060 | +€1,980 | +28.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,028 | €12,145 | +€117 | +1.0% |
| Other operating charges | 640/8 | €3,420 | €3,132 | -€288 | -8.4% |
| Gross operating margin | 9900 | €25,660 | €25,676 | +€16 | +0.1% |
| Operating profit (loss) | 9901 | €10,212 | €10,399 | +€187 | +1.8% |
| Financial charges | 65/66B | €192 | €2,418 | +€2,226 | +1159.4% |
| Recurring financial charges | 65 | €192 | €2,418 | +€2,226 | +1159.4% |
| Profit (loss) for the period before taxes | 9903 | €10,020 | €7,981 | -€2,039 | -20.3% |
| Profit (loss) for the period | 9904 | €10,020 | €7,981 | -€2,039 | -20.3% |
| Profit (loss) for the period to be appropriated | 9905 | €10,020 | €7,981 | -€2,039 | -20.3% |
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 12 October 2026 via checked.be.