HUHEHA: 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.
HUHEHA
Largest movements
- Receivables within one year +€109,173
up €109,173 (+150%), from €72,910 to €182,083
of which Trade receivables: +€93,095
- Cash +€49,935
up €49,935 (+179%), from €27,925 to €77,860
mainly Net result for the year (+€160,266) and Short-term financial debts (+€14,689)
- Financial fixed assets +€18,859
up €18,859 (+36.5%), from €51,715 to €70,573
- Tangible fixed assets -€3,530
down €3,530 (-61.5%), from €5,742 to €2,212
of which Furniture and vehicles: -€2,780
- Reserves +€154,684
up €154,684 (+146%), from €105,669 to €260,352
- Short-term financial debts +€14,689
up €14,689 (+58.8%), from €25,000 to €39,689
- Profit (loss) carried forward +€5,583
no longer reported in 2025 (was -€5,583)
- Tax, wage and social debts +€4,151
up €4,151 (+386%), from €1,076 to €5,227
- Current portion of long-term debt -€3,400
no longer reported in 2025 (was €3,400)
- Gross operating margin +€261,166
up €261,166, from -€30,486 to €230,679
- Taxes +€53,511
up €53,511 (+914%), from €5,853 to €59,364
- Financial income -€51,137
down €51,137 (-98.3%), from €52,004 to €867
of which Non-recurring financial income: -€52,004
- Financial charges +€2,863
up €2,863 (+106%), from €2,709 to €5,571
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 | €166,667 | €339,299 | +€172,632 | +104% |
| Fixed assets | 21/28 | €57,456 | €72,785 | +€15,329 | +26.7% |
| Tangible fixed assets | 22/27 | €5,742 | €2,212 | -€3,530 | -61.5% |
| Plant, machinery and equipment | 23 | €2,890 | €2,140 | -€750 | -25.9% |
| Furniture and vehicles | 24 | €2,852 | €72 | -€2,780 | -97.5% |
| Financial fixed assets | 28 | €51,715 | €70,573 | +€18,859 | +36.5% |
| Current assets | 29/58 | €109,211 | €266,514 | +€157,303 | +144% |
| Amounts receivable within one year | 40/41 | €72,910 | €182,083 | +€109,173 | +150% |
| Trade receivables | 40 | €56,536 | €149,631 | +€93,095 | +165% |
| Other amounts receivable | 41 | €16,374 | €32,452 | +€16,078 | +98.2% |
| Cash at bank and in hand | 54/58 | €27,925 | €77,860 | +€49,935 | +179% |
| Deferred charges and accrued income | 490/1 | €8,376 | €6,571 | -€1,804 | -21.5% |
| Total equity and liabilities | 10/49 | €166,667 | €339,299 | +€172,632 | +104% |
| Equity | 10/15 | €118,686 | €278,952 | +€160,266 | +135% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €105,669 | €260,352 | +€154,684 | +146% |
| Distributable reserves | 133 | €105,669 | €260,352 | +€154,684 | +146% |
| Profit (loss) carried forward | 14 | -€5,583 | - | +€5,583 | |
| Amounts payable | 17/49 | €47,981 | €60,347 | +€12,366 | +25.8% |
| Amounts payable within one year | 42/48 | €43,880 | €56,829 | +€12,949 | +29.5% |
| Current portion of amounts payable after more than one year | 42 | €3,400 | - | -€3,400 | |
| Financial debts | 43 | €25,000 | €39,689 | +€14,689 | +58.8% |
| Credit institutions | 430/8 | €25,000 | €39,689 | +€14,689 | +58.8% |
| Trade debts | 44 | €12,537 | €11,914 | -€623 | -5.0% |
| Suppliers | 440/4 | €12,537 | €11,914 | -€623 | -5.0% |
| Taxes, remuneration and social security | 45 | €1,076 | €5,227 | +€4,151 | +386% |
| Taxes | 450/3 | €1,076 | €5,227 | +€4,151 | +386% |
| Other amounts payable | 47/48 | €1,868 | - | -€1,868 | |
| Accrued charges and deferred income | 492/3 | €4,100 | €3,517 | -€583 | -14.2% |
| Non-recurring operating income | 76A | - | €3,306 | +€3,306 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,262 | €4,429 | -€833 | -15.8% |
| Other operating charges | 640/8 | €1,820 | €1,916 | +€96 | +5.3% |
| Gross operating margin | 9900 | -€30,486 | €230,679 | +€261,166 | |
| Operating profit (loss) | 9901 | -€37,569 | €224,335 | +€261,903 | |
| Financial income | 75/76B | €52,004 | €867 | -€51,137 | -98.3% |
| Recurring financial income | 75 | €52,004 | €867 | -€51,137 | -98.3% |
| Non-recurring financial income | 76B | €52,004 | - | -€52,004 | |
| Financial charges | 65/66B | €2,709 | €5,571 | +€2,863 | +106% |
| Recurring financial charges | 65 | €2,709 | €5,571 | +€2,863 | +106% |
| Profit (loss) for the period before taxes | 9903 | €11,727 | €219,630 | +€207,904 | +1,773% |
| Income taxes | 67/77 | €5,853 | €59,364 | +€53,511 | +914% |
| Profit (loss) for the period | 9904 | €5,873 | €160,266 | +€154,393 | +2,629% |
| Profit (loss) for the period to be appropriated | 9905 | €5,873 | €160,266 | +€154,393 | +2,629% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.