HUGGY CONSTRUCT: 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.
HUGGY CONSTRUCT
Largest movements
- Tangible fixed assets +€26,792
up €26,792 (+115.6%), from €23,170 to €49,962
of which Furniture and vehicles: +€24,158
- Cash +€17,858
up €17,858 (+194.5%), from €9,184 to €27,042
mainly Net result for the year (+€59,762) and Depreciation (+€8,424)
- Profit (loss) carried forward +€59,762
up €59,762 (+197.6%), from €30,245 to €90,008
- Other debts -€16,418
down €16,418 (-67.8%), from €24,213 to €7,796
- Current portion of long-term debt -€3,318
no longer reported in 2025 (was €3,318)
- Accrued charges and deferred income +€3,177
up €3,177 (+165.3%), from €1,923 to €5,100
- Tax, wage and social debts +€3,162
up €3,162 (+17.4%), from €18,130 to €21,292
of which Taxes: +€8,029
- Gross operating margin +€28,822
up €28,822 (+43.3%), from €66,508 to €95,330
- Turnover +€18,876
up €18,876 (+5.3%), from €358,528 to €377,403
- Taxes +€9,030
up €9,030 (+133.9%), from €6,745 to €15,774
- Other operating charges -€6,300
down €6,300 (-74.9%), from €8,408 to €2,108
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 | €109,277 | €156,140 | +€46,863 | +42.9% |
| Fixed assets | 21/28 | €23,170 | €49,962 | +€26,792 | +115.6% |
| Tangible fixed assets | 22/27 | €23,170 | €49,962 | +€26,792 | +115.6% |
| Plant, machinery and equipment | 23 | €4,570 | €7,204 | +€2,634 | +57.6% |
| Furniture and vehicles | 24 | €18,600 | €42,758 | +€24,158 | +129.9% |
| Current assets | 29/58 | €86,107 | €106,178 | +€20,071 | +23.3% |
| Amounts receivable within one year | 40/41 | €64,533 | €65,226 | +€693 | +1.1% |
| Trade receivables | 40 | €61,568 | €61,290 | -€278 | -0.5% |
| Other amounts receivable | 41 | €2,966 | €3,936 | +€971 | +32.7% |
| Current investments | 50/53 | €12,227 | €12,227 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €9,184 | €27,042 | +€17,858 | +194.5% |
| Deferred charges and accrued income | 490/1 | €163 | €1,683 | +€1,520 | +934.5% |
| Total equity and liabilities | 10/49 | €109,277 | €156,140 | +€46,863 | +42.9% |
| Equity | 10/15 | €38,305 | €98,068 | +€59,762 | +156.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,245 | €90,008 | +€59,762 | +197.6% |
| Amounts payable | 17/49 | €70,972 | €58,072 | -€12,900 | -18.2% |
| Amounts payable within one year | 42/48 | €69,049 | €52,972 | -€16,077 | -23.3% |
| Current portion of amounts payable after more than one year | 42 | €3,318 | - | -€3,318 | |
| Trade debts | 44 | €23,389 | €23,275 | -€114 | -0.5% |
| Suppliers | 440/4 | €23,389 | €23,275 | -€114 | -0.5% |
| Advances received on contracts in progress | 46 | - | €610 | +€610 | |
| Taxes, remuneration and social security | 45 | €18,130 | €21,292 | +€3,162 | +17.4% |
| Taxes | 450/3 | €9,093 | €17,123 | +€8,029 | +88.3% |
| Remuneration and social security | 454/9 | €9,036 | €4,169 | -€4,867 | -53.9% |
| Other amounts payable | 47/48 | €24,213 | €7,796 | -€16,418 | -67.8% |
| Accrued charges and deferred income | 492/3 | €1,923 | €5,100 | +€3,177 | +165.3% |
| Turnover | 70 | €358,528 | €377,403 | +€18,876 | +5.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €293,907 | €297,340 | +€3,432 | +1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,799 | €8,424 | -€3,375 | -28.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €7,940 | €9,051 | +€1,111 | +14.0% |
| Other operating charges | 640/8 | €8,408 | €2,108 | -€6,300 | -74.9% |
| Gross operating margin | 9900 | €66,508 | €95,330 | +€28,822 | +43.3% |
| Operating profit (loss) | 9901 | €38,361 | €75,747 | +€37,385 | +97.5% |
| Financial income | 75/76B | €1,660 | €16 | -€1,644 | -99.0% |
| Recurring financial income | 75 | €1,660 | €16 | -€1,644 | -99.0% |
| Financial charges | 65/66B | €544 | €226 | -€318 | -58.5% |
| Recurring financial charges | 65 | €544 | €226 | -€318 | -58.5% |
| Profit (loss) for the period before taxes | 9903 | €39,477 | €75,537 | +€36,059 | +91.3% |
| Income taxes | 67/77 | €6,745 | €15,774 | +€9,030 | +133.9% |
| Profit (loss) for the period | 9904 | €32,732 | €59,762 | +€27,030 | +82.6% |
| Profit (loss) for the period to be appropriated | 9905 | €32,732 | €59,762 | +€27,030 | +82.6% |
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 11 October 2026 via checked.be.