HUSKK: 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.
HUSKK
Largest movements
- Cash -€12,181
down €12,181 (-32.0%), from €38,073 to €25,892
mainly Tax, wage and social debts (-€10,456) and Receivables within one year (-€8,037)
- Receivables within one year +€8,037
up €8,037 (+28.9%), from €27,784 to €35,822
of which Trade receivables: +€8,610
- Tangible fixed assets -€5,827
down €5,827 (-58.6%), from €9,951 to €4,124
- Intangible fixed assets -€4,623
down €4,623 (-37.5%), from €12,320 to €7,697
- Stocks and contracts -€2,450
down €2,450 (-11.6%), from €21,208 to €18,758
- Profit (loss) carried forward +€13,363
up €13,363 (+37.8%), from -€35,346 to -€21,983
- Tax, wage and social debts -€10,456
down €10,456 (-28.2%), from €37,099 to €26,644
of which Remuneration and social security: -€7,544
- Trade debts -€7,683
down €7,683 (-32.3%), from €23,783 to €16,100
- Debts after one year -€6,578
down €6,578 (-85.4%), from €7,699 to €1,121
- Current portion of long-term debt -€4,749
down €4,749 (-41.9%), from €11,327 to €6,578
- Staff costs -€30,008
down €30,008 (-28.4%), from €105,763 to €75,755
- Gross operating margin +€17,877
up €17,877 (+20.4%), from €87,626 to €105,503
- Depreciation -€4,547
down €4,547 (-30.3%), from €14,996 to €10,450
- Financial income -€2,315
down €2,315 (-80.8%), from €2,866 to €551
- Taxes +€1,156
up €1,156, from €0 to €1,156
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 | €110,295 | €94,283 | -€16,011 | -14.5% |
| Fixed assets | 21/28 | €22,511 | €11,821 | -€10,690 | -47.5% |
| Intangible fixed assets | 21 | €12,320 | €7,697 | -€4,623 | -37.5% |
| Tangible fixed assets | 22/27 | €9,951 | €4,124 | -€5,827 | -58.6% |
| Plant, machinery and equipment | 23 | €4,868 | €2,411 | -€2,457 | -50.5% |
| Furniture and vehicles | 24 | €1,292 | €149 | -€1,143 | -88.5% |
| Other tangible fixed assets | 26 | €3,790 | €1,563 | -€2,227 | -58.8% |
| Financial fixed assets | 28 | €240 | €0 | -€240 | -100% |
| Current assets | 29/58 | €87,784 | €82,463 | -€5,321 | -6.1% |
| Stocks and contracts in progress | 3 | €21,208 | €18,758 | -€2,450 | -11.6% |
| Stocks | 30/36 | €21,208 | €18,758 | -€2,450 | -11.6% |
| Amounts receivable within one year | 40/41 | €27,784 | €35,822 | +€8,037 | +28.9% |
| Trade receivables | 40 | €23,059 | €31,668 | +€8,610 | +37.3% |
| Other amounts receivable | 41 | €4,726 | €4,153 | -€572 | -12.1% |
| Cash at bank and in hand | 54/58 | €38,073 | €25,892 | -€12,181 | -32.0% |
| Deferred charges and accrued income | 490/1 | €718 | €1,991 | +€1,273 | +177% |
| Total equity and liabilities | 10/49 | €110,295 | €94,283 | -€16,011 | -14.5% |
| Equity | 10/15 | €29,618 | €42,981 | +€13,363 | +45.1% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €46,414 | €46,414 | = | 0.0% |
| Non-distributable reserves | 130/1 | €833 | €833 | = | 0.0% |
| Reserves not available under the articles | 1311 | €833 | €833 | = | 0.0% |
| Tax-exempt reserves | 132 | €58 | €58 | = | 0.0% |
| Distributable reserves | 133 | €45,523 | €45,523 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€35,346 | -€21,983 | +€13,363 | +37.8% |
| Amounts payable | 17/49 | €80,677 | €51,302 | -€29,375 | -36.4% |
| Amounts payable after more than one year | 17 | €7,699 | €1,121 | -€6,578 | -85.4% |
| Financial debts | 170/4 | €7,699 | €1,121 | -€6,578 | -85.4% |
| Amounts payable within one year | 42/48 | €72,978 | €50,181 | -€22,797 | -31.2% |
| Current portion of amounts payable after more than one year | 42 | €11,327 | €6,578 | -€4,749 | -41.9% |
| Financial debts | 43 | €768 | €860 | +€92 | +11.9% |
| Credit institutions | 430/8 | €768 | €860 | +€92 | +11.9% |
| Trade debts | 44 | €23,783 | €16,100 | -€7,683 | -32.3% |
| Suppliers | 440/4 | €23,783 | €16,100 | -€7,683 | -32.3% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €37,099 | €26,644 | -€10,456 | -28.2% |
| Taxes | 450/3 | €15,837 | €12,926 | -€2,911 | -18.4% |
| Remuneration and social security | 454/9 | €21,262 | €13,718 | -€7,544 | -35.5% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €105,763 | €75,755 | -€30,008 | -28.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,996 | €10,450 | -€4,547 | -30.3% |
| Other operating charges | 640/8 | €1,016 | €1,209 | +€193 | +19.0% |
| Gross operating margin | 9900 | €87,626 | €105,503 | +€17,877 | +20.4% |
| Operating profit (loss) | 9901 | -€34,151 | €18,089 | +€52,240 | |
| Financial income | 75/76B | €2,866 | €551 | -€2,315 | -80.8% |
| Recurring financial income | 75 | €2,866 | €551 | -€2,315 | -80.8% |
| Financial charges | 65/66B | €4,062 | €4,120 | +€59 | +1.4% |
| Recurring financial charges | 65 | €4,062 | €4,120 | +€59 | +1.4% |
| Profit (loss) for the period before taxes | 9903 | -€35,346 | €14,519 | +€49,866 | |
| Income taxes | 67/77 | €0 | €1,156 | +€1,156 | |
| Profit (loss) for the period | 9904 | -€35,346 | €13,363 | +€48,710 | |
| Profit (loss) for the period to be appropriated | 9905 | -€35,346 | €13,363 | +€48,710 |
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 17 October 2026 via checked.be.