HUGIES: 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.
HUGIES
Largest movements
- Cash +€38,063
up €38,063 (+107%), from €35,494 to €73,558
mainly Trade debts (+€20,002) and Receivables within one year (+€17,196)
- Receivables within one year -€17,196
down €17,196 (-7.6%), from €226,925 to €209,728
of which Trade receivables: -€12,238
- Trade debts +€20,002
up €20,002 (+809%), from €2,473 to €22,476
- Reserves +€4,257
up €4,257 (+2.1%), from €207,392 to €211,649
of which Distributable reserves: +€4,257
- Staff costs -€19,802
down €19,802 (-64.0%), from €30,936 to €11,134
- Gross operating margin -€5,479
down €5,479 (-25.3%), from €21,619 to €16,140
- Financial income -€2,486
down €2,486 (-70.4%), from €3,533 to €1,047
- Other operating charges +€286
up €286 (+26.8%), from €1,067 to €1,354
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 | €262,456 | €283,323 | +€20,867 | +8.0% |
| Current assets | 29/58 | €262,456 | €283,323 | +€20,867 | +8.0% |
| Amounts receivable within one year | 40/41 | €226,925 | €209,728 | -€17,196 | -7.6% |
| Trade receivables | 40 | €35,224 | €22,987 | -€12,238 | -34.7% |
| Other amounts receivable | 41 | €191,700 | €186,741 | -€4,959 | -2.6% |
| Cash at bank and in hand | 54/58 | €35,494 | €73,558 | +€38,063 | +107% |
| Deferred charges and accrued income | 490/1 | €37 | €37 | = | 0.0% |
| Total equity and liabilities | 10/49 | €262,456 | €283,323 | +€20,867 | +8.0% |
| Equity | 10/15 | €219,792 | €224,049 | +€4,257 | +1.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €207,392 | €211,649 | +€4,257 | +2.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €205,532 | €209,789 | +€4,257 | +2.1% |
| Amounts payable | 17/49 | €42,664 | €59,274 | +€16,610 | +38.9% |
| Amounts payable within one year | 42/48 | €40,683 | €59,089 | +€18,406 | +45.2% |
| Trade debts | 44 | €2,473 | €22,476 | +€20,002 | +809% |
| Suppliers | 440/4 | €2,473 | €22,476 | +€20,002 | +809% |
| Taxes, remuneration and social security | 45 | €2,900 | €93 | -€2,807 | -96.8% |
| Taxes | 450/3 | €1,584 | €93 | -€1,491 | -94.1% |
| Remuneration and social security | 454/9 | €1,316 | - | -€1,316 | |
| Other amounts payable | 47/48 | €35,310 | €36,520 | +€1,210 | +3.4% |
| Accrued charges and deferred income | 492/3 | €1,981 | €185 | -€1,796 | -90.7% |
| Remuneration, social security and pensions | 62 | €30,936 | €11,134 | -€19,802 | -64.0% |
| Other operating charges | 640/8 | €1,067 | €1,354 | +€286 | +26.8% |
| Gross operating margin | 9900 | €21,619 | €16,140 | -€5,479 | -25.3% |
| Operating profit (loss) | 9901 | -€10,384 | €3,653 | +€14,037 | |
| Financial income | 75/76B | €3,533 | €1,047 | -€2,486 | -70.4% |
| Recurring financial income | 75 | €3,533 | €1,047 | -€2,486 | -70.4% |
| Financial charges | 65/66B | €280 | €442 | +€163 | +58.2% |
| Recurring financial charges | 65 | €280 | €442 | +€163 | +58.2% |
| Profit (loss) for the period before taxes | 9903 | -€7,132 | €4,257 | +€11,389 | |
| Profit (loss) for the period | 9904 | -€7,132 | €4,257 | +€11,389 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,132 | €4,257 | +€11,389 |
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 15 October 2026 via checked.be.