HUGO WEGGE: what changed
HUGO WEGGE
Largest movements
- Tangible fixed assets +€319,540
up €319,540 (+192%), from €166,706 to €486,246
of which Land and buildings: +€320,129
- Cash -€223,845
down €223,845 (-78.7%), from €284,434 to €60,589
mainly Investment in fixed assets (net) (-€413,490) and Net result for the year (-€1,399)
- Current investments -€67,844
down €67,844 (-44.0%), from €154,226 to €86,382
- Other debts +€30,000
new in 2025: €30,000
- Depreciation +€72,451
up €72,451 (+337%), from €21,499 to €93,950
- Financial income +€34,503
up €34,503 (+60.9%), from €56,684 to €91,187
of which Non-recurring financial income: +€17,456
- Gross operating margin -€6,141
down €6,141 (-61.2%), from €10,027 to €3,886
- Financial charges -€4,394
down €4,394 (-81.8%), from €5,368 to €974
- Other operating charges -€878
down €878 (-36.2%), from €2,426 to €1,548
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €607,899 | €636,606 | +€28,707 | +4.7% |
| Fixed assets | 21/28 | €166,706 | €486,246 | +€319,540 | +192% |
| Tangible fixed assets | 22/27 | €166,706 | €486,246 | +€319,540 | +192% |
| Land and buildings | 22 | €165,001 | €485,130 | +€320,129 | +194% |
| Plant, machinery and equipment | 23 | €263 | €191 | -€72 | -27.3% |
| Furniture and vehicles | 24 | €219 | €110 | -€110 | -50.0% |
| Other tangible fixed assets | 26 | €1,223 | €815 | -€408 | -33.3% |
| Current assets | 29/58 | €441,192 | €150,359 | -€290,833 | -65.9% |
| Amounts receivable within one year | 40/41 | €2,532 | €3,389 | +€857 | +33.8% |
| Other amounts receivable | 41 | €2,532 | €3,389 | +€857 | +33.8% |
| Current investments | 50/53 | €154,226 | €86,382 | -€67,844 | -44.0% |
| Cash at bank and in hand | 54/58 | €284,434 | €60,589 | -€223,845 | -78.7% |
| Total equity and liabilities | 10/49 | €607,899 | €636,606 | +€28,707 | +4.7% |
| Equity | 10/15 | €607,134 | €605,734 | -€1,399 | -0.2% |
| Contributions | 10/11 | €317,268 | €317,268 | = | 0.0% |
| Reserves | 13 | €289,866 | €289,866 | = | 0.0% |
| Tax-exempt reserves | 132 | €128,607 | €128,607 | = | 0.0% |
| Distributable reserves | 133 | €161,259 | €161,259 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€1,399 | -€1,399 | |
| Amounts payable | 17/49 | €765 | €30,871 | +€30,106 | +3,935% |
| Amounts payable within one year | 42/48 | €144 | €30,871 | +€30,727 | +21,359% |
| Trade debts | 44 | €144 | €871 | +€727 | +506% |
| Suppliers | 440/4 | €144 | €871 | +€727 | +506% |
| Other amounts payable | 47/48 | - | €30,000 | +€30,000 | |
| Accrued charges and deferred income | 492/3 | €621 | - | -€621 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,499 | €93,950 | +€72,451 | +337% |
| Other operating charges | 640/8 | €2,426 | €1,548 | -€878 | -36.2% |
| Gross operating margin | 9900 | €10,027 | €3,886 | -€6,141 | -61.2% |
| Operating profit (loss) | 9901 | -€13,897 | -€91,612 | -€77,714 | -559% |
| Financial income | 75/76B | €56,684 | €91,187 | +€34,503 | +60.9% |
| Recurring financial income | 75 | €4,489 | €21,536 | +€17,047 | +380% |
| Non-recurring financial income | 76B | €52,195 | €69,651 | +€17,456 | +33.4% |
| Financial charges | 65/66B | €5,368 | €974 | -€4,394 | -81.8% |
| Recurring financial charges | 65 | €5,368 | €974 | -€4,394 | -81.8% |
| Profit (loss) for the period before taxes | 9903 | €37,418 | -€1,399 | -€38,817 | |
| Income taxes | 67/77 | €490 | - | -€490 | |
| Profit (loss) for the period | 9904 | €36,928 | -€1,399 | -€38,328 | |
| Profit (loss) for the period to be appropriated | 9905 | €36,928 | -€1,399 | -€38,328 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.