HUROLOGY: 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.
HUROLOGY
Largest movements
- Receivables within one year +€146,042
up €146,042 (+1,959%), from €7,453 to €153,495
of which Other amounts receivable: +€146,178
- Cash -€107,721
down €107,721 (-50.2%), from €214,516 to €106,795
mainly Receivables within one year (-€146,042) and Contributions, distributions and other (-€72,298)
- Tangible fixed assets -€14,260
down €14,260 (-23.2%), from €61,445 to €47,186
of which Furniture and vehicles: -€13,735
- Deferred charges and accrued income +€4,293
up €4,293 (+8.7%), from €49,304 to €53,596
- Other debts +€33,575
up €33,575 (+45.7%), from €73,524 to €107,099
- Reserves -€6,040
down €6,040 (-3.4%), from €179,590 to €173,550
- Gross operating margin +€24,216
up €24,216 (+30.8%), from €78,630 to €102,846
- Depreciation +€7,274
up €7,274 (+104%), from €6,985 to €14,260
- Taxes +€6,780
up €6,780 (+36.7%), from €18,490 to €25,270
- Financial income +€3,216
new in 2025: €3,216
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 | €332,718 | €361,073 | +€28,355 | +8.5% |
| Fixed assets | 21/28 | €61,445 | €47,186 | -€14,260 | -23.2% |
| Tangible fixed assets | 22/27 | €61,445 | €47,186 | -€14,260 | -23.2% |
| Plant, machinery and equipment | 23 | €1,563 | €1,038 | -€525 | -33.6% |
| Furniture and vehicles | 24 | €59,882 | €46,147 | -€13,735 | -22.9% |
| Current assets | 29/58 | €271,273 | €313,887 | +€42,614 | +15.7% |
| Amounts receivable within one year | 40/41 | €7,453 | €153,495 | +€146,042 | +1,959% |
| Trade receivables | 40 | €136 | - | -€136 | |
| Other amounts receivable | 41 | €7,317 | €153,495 | +€146,178 | +1,998% |
| Cash at bank and in hand | 54/58 | €214,516 | €106,795 | -€107,721 | -50.2% |
| Deferred charges and accrued income | 490/1 | €49,304 | €53,596 | +€4,293 | +8.7% |
| Total equity and liabilities | 10/49 | €332,718 | €361,073 | +€28,355 | +8.5% |
| Equity | 10/15 | €241,880 | €235,840 | -€6,040 | -2.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €179,590 | €173,550 | -€6,040 | -3.4% |
| Distributable reserves | 133 | €179,590 | €173,550 | -€6,040 | -3.4% |
| Profit (loss) carried forward | 14 | €49,890 | €49,890 | = | 0.0% |
| Amounts payable | 17/49 | €90,838 | €125,233 | +€34,395 | +37.9% |
| Amounts payable within one year | 42/48 | €90,659 | €125,233 | +€34,574 | +38.1% |
| Trade debts | 44 | €502 | €1,074 | +€572 | +114% |
| Suppliers | 440/4 | €502 | €1,074 | +€572 | +114% |
| Taxes, remuneration and social security | 45 | €16,633 | €17,060 | +€427 | +2.6% |
| Taxes | 450/3 | €16,633 | €17,060 | +€427 | +2.6% |
| Other amounts payable | 47/48 | €73,524 | €107,099 | +€33,575 | +45.7% |
| Accrued charges and deferred income | 492/3 | €180 | - | -€180 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,985 | €14,260 | +€7,274 | +104% |
| Other operating charges | 640/8 | €372 | €103 | -€269 | -72.4% |
| Non-recurring operating charges | 66A | €4,618 | €102 | -€4,517 | -97.8% |
| Gross operating margin | 9900 | €78,630 | €102,846 | +€24,216 | +30.8% |
| Operating profit (loss) | 9901 | €66,654 | €88,382 | +€21,728 | +32.6% |
| Financial income | 75/76B | - | €3,216 | +€3,216 | |
| Recurring financial income | 75 | - | €3,216 | +€3,216 | |
| Financial charges | 65/66B | €90 | €71 | -€20 | -22.0% |
| Recurring financial charges | 65 | €90 | €71 | -€20 | -22.0% |
| Profit (loss) for the period before taxes | 9903 | €66,564 | €91,527 | +€24,964 | +37.5% |
| Income taxes | 67/77 | €18,490 | €25,270 | +€6,780 | +36.7% |
| Profit (loss) for the period | 9904 | €48,074 | €66,257 | +€18,184 | +37.8% |
| Profit (loss) for the period to be appropriated | 9905 | €48,074 | €66,257 | +€18,184 | +37.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.