HUNTER-GROUP: what changed
Two fiscal 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.
HUNTER-GROUP
Largest movements
- Tangible fixed assets +€219,549
up €219,549, from €0 to €219,549
of which Land and buildings: +€219,549
- Cash +€39,037
up €39,037 (+148.8%), from €26,230 to €65,268
mainly Debts after one year (+€194,716) and Trade debts (+€59,619)
- Receivables within one year +€29,378
up €29,378 (+181.3%), from €16,204 to €45,581
of which Other amounts receivable: +€28,770
- Debts after one year +€194,716
new in 2025: €194,716
- Trade debts +€59,619
up €59,619 (+1282.5%), from €4,649 to €64,267
- Profit (loss) carried forward +€26,512
up €26,512 (+89.2%), from €29,722 to €56,234
- Current portion of long-term debt +€12,284
new in 2025: €12,284
- Gross operating margin +€16,494
up €16,494 (+87.3%), from €18,901 to €35,395
- Financial charges +€2,811
up €2,811 (+3465.1%), from €81 to €2,892
- Taxes -€2,771
down €2,771 (-50.6%), from €5,476 to €2,705
- Depreciation +€2,401
new in 2025: €2,401
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 | €43,649 | €334,310 | +€290,662 | +665.9% |
| Fixed assets | 21/28 | €0 | €219,549 | +€219,549 | |
| Tangible fixed assets | 22/27 | €0 | €219,549 | +€219,549 | |
| Land and buildings | 22 | - | €219,549 | +€219,549 | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €43,649 | €114,762 | +€71,113 | +162.9% |
| Amounts receivable within one year | 40/41 | €16,204 | €45,581 | +€29,378 | +181.3% |
| Trade receivables | 40 | €16,204 | €16,811 | +€607 | +3.7% |
| Other amounts receivable | 41 | €0 | €28,770 | +€28,770 | |
| Cash at bank and in hand | 54/58 | €26,230 | €65,268 | +€39,037 | +148.8% |
| Deferred charges and accrued income | 490/1 | €1,215 | €3,913 | +€2,698 | +222.1% |
| Total equity and liabilities | 10/49 | €43,649 | €334,310 | +€290,662 | +665.9% |
| Equity | 10/15 | €34,781 | €61,293 | +€26,512 | +76.2% |
| Contributions | 10/11 | €3,199 | €3,199 | = | 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 | €29,722 | €56,234 | +€26,512 | +89.2% |
| Amounts payable | 17/49 | €8,867 | €273,017 | +€264,150 | +2978.9% |
| Amounts payable after more than one year | 17 | - | €194,716 | +€194,716 | |
| Financial debts | 170/4 | - | €194,716 | +€194,716 | |
| Amounts payable within one year | 42/48 | €8,867 | €78,301 | +€69,434 | +783.0% |
| Current portion of amounts payable after more than one year | 42 | - | €12,284 | +€12,284 | |
| Trade debts | 44 | €4,649 | €64,267 | +€59,619 | +1282.5% |
| Suppliers | 440/4 | €4,649 | €64,267 | +€59,619 | +1282.5% |
| Taxes, remuneration and social security | 45 | €4,219 | €1,750 | -€2,469 | -58.5% |
| Taxes | 450/3 | €4,219 | €1,750 | -€2,469 | -58.5% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €0 | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,401 | +€2,401 | |
| Other operating charges | 640/8 | €891 | €1,045 | +€154 | +17.3% |
| Gross operating margin | 9900 | €18,901 | €35,395 | +€16,494 | +87.3% |
| Operating profit (loss) | 9901 | €18,010 | €31,949 | +€13,939 | +77.4% |
| Financial income | 75/76B | €257 | €159 | -€98 | -38.1% |
| Recurring financial income | 75 | €257 | €159 | -€98 | -38.1% |
| Financial charges | 65/66B | €81 | €2,892 | +€2,811 | +3465.1% |
| Recurring financial charges | 65 | €81 | €2,892 | +€2,811 | +3465.1% |
| Profit (loss) for the period before taxes | 9903 | €18,186 | €29,217 | +€11,031 | +60.7% |
| Income taxes | 67/77 | €5,476 | €2,705 | -€2,771 | -50.6% |
| Profit (loss) for the period | 9904 | €12,710 | €26,512 | +€13,802 | +108.6% |
| Profit (loss) for the period to be appropriated | 9905 | €12,710 | €26,512 | +€13,802 | +108.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.