Hugues Binet Management Projects & Partner: what changed
Hugues Binet Management Projects & Partner
Largest movements
- Cash -€16,836
down €16,836 (-33.0%), from €51,092 to €34,256
mainly Receivables within one year (-€9,210) and Tax, wage and social debts (-€6,376)
- Receivables within one year +€9,210
up €9,210 (+133%), from €6,948 to €16,158
of which Other amounts receivable: +€7,083
- Tangible fixed assets -€1,285
down €1,285 (-36.5%), from €3,524 to €2,239
- Tax, wage and social debts -€6,376
down €6,376 (-42.6%), from €14,973 to €8,597
of which Taxes: -€5,676
- Current portion of long-term debt -€3,379
down €3,379 (-100%), from €3,379 to €0
- Trade debts +€1,898
up €1,898 (+219%), from €868 to €2,766
- Other debts -€1,101
down €1,101 (-100%), from €1,101 to €0
- Gross operating margin -€5,355
down €5,355 (-66.4%), from €8,065 to €2,711
- Taxes -€1,240
down €1,240 (-79.7%), from €1,557 to €317
- Depreciation -€874
down €874 (-40.5%), from €2,159 to €1,285
- Other operating charges +€279
up €279 (+56.9%), from €490 to €769
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 | €62,958 | €54,045 | -€8,913 | -14.2% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €3,524 | €2,239 | -€1,285 | -36.5% |
| Tangible fixed assets | 22/27 | €3,524 | €2,239 | -€1,285 | -36.5% |
| Furniture and vehicles | 24 | €3,524 | €2,239 | -€1,285 | -36.5% |
| Current assets | 29/58 | €59,434 | €51,806 | -€7,628 | -12.8% |
| Amounts receivable within one year | 40/41 | €6,948 | €16,158 | +€9,210 | +133% |
| Trade receivables | 40 | €6,948 | €9,075 | +€2,127 | +30.6% |
| Other amounts receivable | 41 | - | €7,083 | +€7,083 | |
| Cash at bank and in hand | 54/58 | €51,092 | €34,256 | -€16,836 | -33.0% |
| Deferred charges and accrued income | 490/1 | €1,394 | €1,392 | -€2 | -0.2% |
| Total equity and liabilities | 10/49 | €62,958 | €54,045 | -€8,913 | -14.2% |
| Equity | 10/15 | €42,638 | €42,682 | +€44 | +0.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €22,638 | €22,638 | = | 0.0% |
| Distributable reserves | 133 | €22,638 | €22,638 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €44 | +€44 | |
| Amounts payable | 17/49 | €20,320 | €11,363 | -€8,958 | -44.1% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €20,320 | €11,363 | -€8,958 | -44.1% |
| Current portion of amounts payable after more than one year | 42 | €3,379 | €0 | -€3,379 | -100% |
| Trade debts | 44 | €868 | €2,766 | +€1,898 | +219% |
| Suppliers | 440/4 | €868 | €2,766 | +€1,898 | +219% |
| Taxes, remuneration and social security | 45 | €14,973 | €8,597 | -€6,376 | -42.6% |
| Taxes | 450/3 | €12,473 | €6,797 | -€5,676 | -45.5% |
| Remuneration and social security | 454/9 | €2,500 | €1,800 | -€700 | -28.0% |
| Other amounts payable | 47/48 | €1,101 | €0 | -€1,101 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,159 | €1,285 | -€874 | -40.5% |
| Other operating charges | 640/8 | €490 | €769 | +€279 | +56.9% |
| Gross operating margin | 9900 | €8,065 | €2,711 | -€5,355 | -66.4% |
| Operating profit (loss) | 9901 | €5,417 | €657 | -€4,760 | -87.9% |
| Financial charges | 65/66B | €374 | €296 | -€78 | -20.9% |
| Recurring financial charges | 65 | €374 | €296 | -€78 | -20.9% |
| Profit (loss) for the period before taxes | 9903 | €5,042 | €361 | -€4,682 | -92.8% |
| Income taxes | 67/77 | €1,557 | €317 | -€1,240 | -79.7% |
| Profit (loss) for the period | 9904 | €3,486 | €44 | -€3,442 | -98.7% |
| Profit (loss) for the period to be appropriated | 9905 | €3,486 | €44 | -€3,442 | -98.7% |
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 5 November 2026 via checked.be.