HURI: 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.
HURI
Largest movements
- Receivables within one year +€8,970
up €8,970 (+63.9%), from €14,032 to €23,002
of which Other amounts receivable: +€11,128
- Stocks and contracts +€7,940
up €7,940 (+20.6%), from €38,459 to €46,399
- Cash -€4,471
down €4,471 (-23.6%), from €18,964 to €14,492
- Trade debts -€16,326
no longer reported in 2025 (was €16,326)
- Reserves +€11,199
up €11,199 (+602%), from €1,860 to €13,059
of which Distributable reserves: +€11,199
- Profit (loss) carried forward +€9,669
up €9,669 (+24.7%), from €39,179 to €48,847
- Tax, wage and social debts +€7,839
up €7,839 (+310%), from €2,532 to €10,371
of which Taxes: +€10,371
- Other debts +€1,621
new in 2025: €1,621
- Gross operating margin +€15,038
up €15,038 (+115%), from €13,038 to €28,076
- Other operating charges +€3,134
up €3,134 (+64.0%), from €4,896 to €8,031
- Financial charges +€2,684
up €2,684 (+94.7%), from €2,833 to €5,517
- Taxes +€2,488
up €2,488 (+168%), from €1,477 to €3,965
- Depreciation +€894
new in 2025: €894
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €74,056 | €88,058 | +€14,002 | +18.9% |
| Fixed assets | 21/28 | €2,327 | €3,679 | +€1,352 | +58.1% |
| Tangible fixed assets | 22/27 | - | €877 | +€877 | |
| Furniture and vehicles | 24 | - | €877 | +€877 | |
| Financial fixed assets | 28 | €2,327 | €2,803 | +€475 | +20.4% |
| Current assets | 29/58 | €71,729 | €84,379 | +€12,650 | +17.6% |
| Stocks and contracts in progress | 3 | €38,459 | €46,399 | +€7,940 | +20.6% |
| Stocks | 30/36 | €38,459 | €46,399 | +€7,940 | +20.6% |
| Amounts receivable within one year | 40/41 | €14,032 | €23,002 | +€8,970 | +63.9% |
| Trade receivables | 40 | €2,157 | - | -€2,157 | |
| Other amounts receivable | 41 | €11,874 | €23,002 | +€11,128 | +93.7% |
| Cash at bank and in hand | 54/58 | €18,964 | €14,492 | -€4,471 | -23.6% |
| Deferred charges and accrued income | 490/1 | €275 | €486 | +€211 | +76.8% |
| Total equity and liabilities | 10/49 | €74,056 | €88,058 | +€14,002 | +18.9% |
| Equity | 10/15 | €55,199 | €76,066 | +€20,867 | +37.8% |
| Contributions | 10/11 | €14,160 | €14,160 | = | 0.0% |
| Contributions outside capital | 11 | €14,160 | €14,160 | = | 0.0% |
| Other | 1109/19 | €14,160 | €14,160 | = | 0.0% |
| Reserves | 13 | €1,860 | €13,059 | +€11,199 | +602% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | - | €11,199 | +€11,199 | |
| Profit (loss) carried forward | 14 | €39,179 | €48,847 | +€9,669 | +24.7% |
| Amounts payable | 17/49 | €18,858 | €11,992 | -€6,865 | -36.4% |
| Amounts payable within one year | 42/48 | €18,858 | €11,992 | -€6,865 | -36.4% |
| Trade debts | 44 | €16,326 | - | -€16,326 | |
| Suppliers | 440/4 | €16,326 | - | -€16,326 | |
| Taxes, remuneration and social security | 45 | €2,532 | €10,371 | +€7,839 | +310% |
| Taxes | 450/3 | - | €10,371 | +€10,371 | |
| Remuneration and social security | 454/9 | €2,532 | - | -€2,532 | |
| Other amounts payable | 47/48 | - | €1,621 | +€1,621 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €894 | +€894 | |
| Other operating charges | 640/8 | €4,896 | €8,031 | +€3,134 | +64.0% |
| Gross operating margin | 9900 | €13,038 | €28,076 | +€15,038 | +115% |
| Operating profit (loss) | 9901 | €8,142 | €19,151 | +€11,009 | +135% |
| Financial charges | 65/66B | €2,833 | €5,517 | +€2,684 | +94.7% |
| Recurring financial charges | 65 | €2,833 | €5,517 | +€2,684 | +94.7% |
| Profit (loss) for the period before taxes | 9903 | €5,308 | €13,634 | +€8,325 | +157% |
| Income taxes | 67/77 | €1,477 | €3,965 | +€2,488 | +168% |
| Profit (loss) for the period | 9904 | €3,831 | €9,669 | +€5,837 | +152% |
| Profit (loss) for the period to be appropriated | 9905 | €3,831 | €9,669 | +€5,837 | +152% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.