HUSCOM: 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.
HUSCOM
Largest movements
- Current investments -€116,956
down €116,956 (-44.7%), from €261,431 to €144,475
- Tangible fixed assets -€9,774
down €9,774 (-26.2%), from €37,274 to €27,500
- Other debts -€136,173
down €136,173 (-81.5%), from €167,083 to €30,910
- Reserves +€21,531
up €21,531 (+19.7%), from €109,374 to €130,905
- Debts after one year -€8,687
down €8,687 (-53.6%), from €16,210 to €7,523
- Gross operating margin -€438,021
down €438,021 (-91.6%), from €478,192 to €40,171
- Taxes -€61,266
down €61,266 (-85.5%), from €71,687 to €10,421
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 | €333,270 | €209,147 | -€124,123 | -37.2% |
| Fixed assets | 21/28 | €37,274 | €27,500 | -€9,774 | -26.2% |
| Tangible fixed assets | 22/27 | €37,274 | €27,500 | -€9,774 | -26.2% |
| Furniture and vehicles | 24 | €37,274 | €27,500 | -€9,774 | -26.2% |
| Current assets | 29/58 | €295,996 | €181,647 | -€114,349 | -38.6% |
| Amounts receivable within one year | 40/41 | €14,293 | €15,448 | +€1,155 | +8.1% |
| Trade receivables | 40 | €14,293 | €13,946 | -€347 | -2.4% |
| Other amounts receivable | 41 | - | €1,502 | +€1,502 | |
| Current investments | 50/53 | €261,431 | €144,475 | -€116,956 | -44.7% |
| Cash at bank and in hand | 54/58 | €20,272 | €21,724 | +€1,452 | +7.2% |
| Total equity and liabilities | 10/49 | €333,270 | €209,147 | -€124,123 | -37.2% |
| Equity | 10/15 | €109,374 | €130,905 | +€21,531 | +19.7% |
| Contributions | 10/11 | €0 | - | = | |
| Reserves | 13 | €109,374 | €130,905 | +€21,531 | +19.7% |
| Distributable reserves | 133 | €109,374 | €130,905 | +€21,531 | +19.7% |
| Amounts payable | 17/49 | €223,896 | €78,242 | -€145,654 | -65.1% |
| Amounts payable after more than one year | 17 | €16,210 | €7,523 | -€8,687 | -53.6% |
| Financial debts | 170/4 | €16,210 | €7,523 | -€8,687 | -53.6% |
| Amounts payable within one year | 42/48 | €207,686 | €70,719 | -€136,967 | -65.9% |
| Current portion of amounts payable after more than one year | 42 | €8,330 | €8,687 | +€357 | +4.3% |
| Trade debts | 44 | €1,150 | €658 | -€492 | -42.8% |
| Suppliers | 440/4 | €1,150 | €658 | -€492 | -42.8% |
| Taxes, remuneration and social security | 45 | €31,123 | €30,464 | -€659 | -2.1% |
| Taxes | 450/3 | €31,123 | €30,464 | -€659 | -2.1% |
| Other amounts payable | 47/48 | €167,083 | €30,910 | -€136,173 | -81.5% |
| Non-recurring operating income | 76A | €414,236 | - | -€414,236 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,594 | €9,774 | -€1,820 | -15.7% |
| Other operating charges | 640/8 | €5,369 | €989 | -€4,380 | -81.6% |
| Gross operating margin | 9900 | €478,192 | €40,171 | -€438,021 | -91.6% |
| Operating profit (loss) | 9901 | €461,229 | €29,408 | -€431,821 | -93.6% |
| Financial income | 75/76B | €187 | €4,566 | +€4,379 | +2341.7% |
| Recurring financial income | 75 | €187 | €4,566 | +€4,379 | +2341.7% |
| Financial charges | 65/66B | €2,167 | €2,022 | -€145 | -6.7% |
| Recurring financial charges | 65 | €2,167 | €2,022 | -€145 | -6.7% |
| Profit (loss) for the period before taxes | 9903 | €459,249 | €31,952 | -€427,297 | -93.0% |
| Income taxes | 67/77 | €71,687 | €10,421 | -€61,266 | -85.5% |
| Profit (loss) for the period | 9904 | €387,562 | €21,531 | -€366,031 | -94.4% |
| Profit (loss) for the period to be appropriated | 9905 | €387,562 | €21,531 | -€366,031 | -94.4% |
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 9 October 2026 via checked.be.