HUSKIE: 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.
HUSKIE
Largest movements
- Cash -€314,129
down €314,129 (-96.4%), from €325,780 to €11,651
mainly Contributions, distributions and other (-€490,000) and Receivables within one year (-€7,150)
- Tangible fixed assets -€13,883
down €13,883 (-23.2%), from €59,807 to €45,923
of which Furniture and vehicles: -€12,835
- Receivables within one year +€7,150
up €7,150 (+42.9%), from €16,667 to €23,817
of which Trade receivables: +€3,650
- Reserves -€327,210
down €327,210 (-89.2%), from €366,754 to €39,544
- Tax, wage and social debts +€5,728
up €5,728 (+113%), from €5,047 to €10,775
of which Taxes: +€5,728
- Gross operating margin +€90,868
up €90,868 (+67.0%), from €135,616 to €226,483
- Taxes +€22,535
up €22,535 (+88.3%), from €25,523 to €48,058
- Depreciation +€2,890
up €2,890 (+24.9%), from €11,594 to €14,483
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 | €402,254 | €81,600 | -€320,654 | -79.7% |
| Fixed assets | 21/28 | €59,807 | €45,923 | -€13,883 | -23.2% |
| Tangible fixed assets | 22/27 | €59,807 | €45,923 | -€13,883 | -23.2% |
| Plant, machinery and equipment | 23 | €5,199 | €4,150 | -€1,049 | -20.2% |
| Furniture and vehicles | 24 | €54,608 | €41,773 | -€12,835 | -23.5% |
| Current assets | 29/58 | €342,447 | €35,677 | -€306,770 | -89.6% |
| Amounts receivable within one year | 40/41 | €16,667 | €23,817 | +€7,150 | +42.9% |
| Trade receivables | 40 | €16,667 | €20,317 | +€3,650 | +21.9% |
| Other amounts receivable | 41 | €0 | €3,500 | +€3,500 | |
| Cash at bank and in hand | 54/58 | €325,780 | €11,651 | -€314,129 | -96.4% |
| Deferred charges and accrued income | 490/1 | €0 | €208 | +€208 | |
| Total equity and liabilities | 10/49 | €402,254 | €81,600 | -€320,654 | -79.7% |
| Equity | 10/15 | €385,354 | €58,144 | -€327,210 | -84.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €366,754 | €39,544 | -€327,210 | -89.2% |
| Distributable reserves | 133 | €366,754 | €39,544 | -€327,210 | -89.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €16,900 | €23,456 | +€6,556 | +38.8% |
| Amounts payable within one year | 42/48 | €16,900 | €23,456 | +€6,556 | +38.8% |
| Trade debts | 44 | €1,902 | €2,551 | +€649 | +34.1% |
| Suppliers | 440/4 | €1,902 | €2,551 | +€649 | +34.1% |
| Taxes, remuneration and social security | 45 | €5,047 | €10,775 | +€5,728 | +113% |
| Taxes | 450/3 | €5,047 | €10,775 | +€5,728 | +113% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €9,951 | €10,131 | +€180 | +1.8% |
| Non-recurring operating income | 76A | €4,566 | €0 | -€4,566 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,594 | €14,483 | +€2,890 | +24.9% |
| Other operating charges | 640/8 | €1,033 | €838 | -€194 | -18.8% |
| Gross operating margin | 9900 | €135,616 | €226,483 | +€90,868 | +67.0% |
| Operating profit (loss) | 9901 | €122,989 | €211,162 | +€88,173 | +71.7% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €204 | €314 | +€110 | +53.9% |
| Recurring financial charges | 65 | €204 | €314 | +€110 | +53.9% |
| Profit (loss) for the period before taxes | 9903 | €122,785 | €210,848 | +€88,063 | +71.7% |
| Income taxes | 67/77 | €25,523 | €48,058 | +€22,535 | +88.3% |
| Profit (loss) for the period | 9904 | €97,263 | €162,790 | +€65,527 | +67.4% |
| Profit (loss) for the period to be appropriated | 9905 | €97,263 | €162,790 | +€65,527 | +67.4% |
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 20 October 2026 via checked.be.