HUON & KAURI: 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.
HUON & KAURI
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Profit (loss) carried forward +€150,645
up €150,645 (+10.6%), from -€1.4m to -€1.3m
- Debts after one year -€108,647
down €108,647 (-5.3%), from €2.0m to €1.9m
of which Financial debts: -€150,000
- Gross operating margin +€8,106
up €8,106 (+3.7%), from €217,847 to €225,953
- Depreciation +€7,115
up €7,115 (+44.6%), from €15,945 to €23,060
- Financial charges -€3,274
down €3,274 (-9.0%), from €36,445 to €33,171
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 | €7,688,427 | €7,716,630 | +€28,203 | +0.4% |
| Fixed assets | 21/28 | €7,642,891 | €7,658,858 | +€15,967 | +0.2% |
| Tangible fixed assets | 22/27 | €7,642,391 | €7,658,358 | +€15,967 | +0.2% |
| Land and buildings | 22 | €7,642,391 | €7,658,358 | +€15,967 | +0.2% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €45,536 | €57,772 | +€12,236 | +26.9% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Trade receivables | 40 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €40,775 | €52,677 | +€11,902 | +29.2% |
| Deferred charges and accrued income | 490/1 | €4,761 | €5,095 | +€334 | +7.0% |
| Total equity and liabilities | 10/49 | €7,688,427 | €7,716,630 | +€28,203 | +0.4% |
| Equity | 10/15 | €4,477,239 | €4,627,884 | +€150,645 | +3.4% |
| Contributions | 10/11 | €5,890,878 | €5,890,878 | = | 0.0% |
| Reserves | 13 | €1,227 | €1,227 | = | 0.0% |
| Distributable reserves | 133 | €1,227 | €1,227 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,414,867 | -€1,264,222 | +€150,645 | +10.6% |
| Amounts payable | 17/49 | €3,211,189 | €3,088,746 | -€122,442 | -3.8% |
| Amounts payable after more than one year | 17 | €2,034,355 | €1,925,708 | -€108,647 | -5.3% |
| Financial debts | 170/4 | €1,500,000 | €1,350,000 | -€150,000 | -10.0% |
| Other amounts payable | 178/9 | €534,355 | €575,708 | +€41,353 | +7.7% |
| Amounts payable within one year | 42/48 | €1,171,172 | €1,157,891 | -€13,281 | -1.1% |
| Current portion of amounts payable after more than one year | 42 | €150,000 | €150,000 | = | 0.0% |
| Trade debts | 44 | €13,317 | €36 | -€13,281 | -99.7% |
| Suppliers | 440/4 | €13,317 | €36 | -€13,281 | -99.7% |
| Other amounts payable | 47/48 | €1,007,855 | €1,007,855 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €5,661 | €5,147 | -€515 | -9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,945 | €23,060 | +€7,115 | +44.6% |
| Other operating charges | 640/8 | €18,497 | €19,077 | +€580 | +3.1% |
| Gross operating margin | 9900 | €217,847 | €225,953 | +€8,106 | +3.7% |
| Operating profit (loss) | 9901 | €183,405 | €183,816 | +€411 | +0.2% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €36,445 | €33,171 | -€3,274 | -9.0% |
| Recurring financial charges | 65 | €36,445 | €33,171 | -€3,274 | -9.0% |
| Profit (loss) for the period before taxes | 9903 | €146,960 | €150,645 | +€3,685 | +2.5% |
| Profit (loss) for the period | 9904 | €146,960 | €150,645 | +€3,685 | +2.5% |
| Profit (loss) for the period to be appropriated | 9905 | €146,960 | €150,645 | +€3,685 | +2.5% |
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 4 October 2026 via checked.be.