HUSKY: what changed
Two fiscal 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.
HUSKY
Largest movements
- Cash -€294,345
down €294,345 (-86.4%), from €340,612 to €46,267
mainly Current investments (-€251,050) and Contributions, distributions and other (-€250,182)
- Current investments +€251,050
up €251,050 (+1716.5%), from €14,626 to €265,676
- Receivables within one year -€114,213
down €114,213 (-87.8%), from €130,027 to €15,814
of which Other amounts receivable: -€114,104
- Tangible fixed assets -€18,409
down €18,409 (-3.2%), from €567,260 to €548,851
of which Land and buildings: -€19,483
- Reserves -€160,263
down €160,263 (-18.4%), from €870,465 to €710,201
of which Distributable reserves: -€160,263
- Debts after one year -€35,717
down €35,717 (-26.2%), from €136,161 to €100,444
- Other debts +€22,254
up €22,254 (+449.6%), from €4,950 to €27,204
- Gross operating margin -€30,051
down €30,051 (-15.5%), from €193,751 to €163,699
- Taxes -€9,084
down €9,084 (-18.3%), from €49,608 to €40,524
- Depreciation -€3,401
down €3,401 (-10.4%), from €32,554 to €29,153
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,057,607 | €882,758 | -€174,850 | -16.5% |
| Fixed assets | 21/28 | €567,260 | €548,851 | -€18,409 | -3.2% |
| Tangible fixed assets | 22/27 | €567,260 | €548,851 | -€18,409 | -3.2% |
| Land and buildings | 22 | €535,602 | €516,119 | -€19,483 | -3.6% |
| Plant, machinery and equipment | 23 | €11,086 | €6,787 | -€4,299 | -38.8% |
| Furniture and vehicles | 24 | €20,572 | €25,945 | +€5,373 | +26.1% |
| Current assets | 29/58 | €490,347 | €333,906 | -€156,441 | -31.9% |
| Amounts receivable within one year | 40/41 | €130,027 | €15,814 | -€114,213 | -87.8% |
| Trade receivables | 40 | €109 | €0 | -€109 | -100.0% |
| Other amounts receivable | 41 | €129,918 | €15,814 | -€114,104 | -87.8% |
| Current investments | 50/53 | €14,626 | €265,676 | +€251,050 | +1716.5% |
| Cash at bank and in hand | 54/58 | €340,612 | €46,267 | -€294,345 | -86.4% |
| Deferred charges and accrued income | 490/1 | €5,083 | €6,150 | +€1,067 | +21.0% |
| Total equity and liabilities | 10/49 | €1,057,607 | €882,758 | -€174,850 | -16.5% |
| Equity | 10/15 | €877,465 | €717,201 | -€160,263 | -18.3% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €870,465 | €710,201 | -€160,263 | -18.4% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €870,465 | €710,201 | -€160,263 | -18.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €180,143 | €165,556 | -€14,586 | -8.1% |
| Amounts payable after more than one year | 17 | €136,161 | €100,444 | -€35,717 | -26.2% |
| Financial debts | 170/4 | €136,161 | €100,444 | -€35,717 | -26.2% |
| Amounts payable within one year | 42/48 | €43,982 | €65,112 | +€21,130 | +48.0% |
| Current portion of amounts payable after more than one year | 42 | €35,294 | €35,717 | +€423 | +1.2% |
| Trade debts | 44 | €2,891 | €2,192 | -€699 | -24.2% |
| Suppliers | 440/4 | €2,891 | €2,192 | -€699 | -24.2% |
| Taxes, remuneration and social security | 45 | €848 | €0 | -€848 | -100.0% |
| Taxes | 450/3 | €848 | €0 | -€848 | -100.0% |
| Other amounts payable | 47/48 | €4,950 | €27,204 | +€22,254 | +449.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,554 | €29,153 | -€3,401 | -10.4% |
| Other operating charges | 640/8 | €5,578 | €6,001 | +€423 | +7.6% |
| Gross operating margin | 9900 | €193,751 | €163,699 | -€30,051 | -15.5% |
| Operating profit (loss) | 9901 | €155,619 | €128,545 | -€27,074 | -17.4% |
| Financial income | 75/76B | €6,343 | €4,667 | -€1,676 | -26.4% |
| Recurring financial income | 75 | €6,343 | €4,667 | -€1,676 | -26.4% |
| Financial charges | 65/66B | €1,907 | €2,770 | +€864 | +45.3% |
| Recurring financial charges | 65 | €1,907 | €2,770 | +€864 | +45.3% |
| Profit (loss) for the period before taxes | 9903 | €160,055 | €130,442 | -€29,613 | -18.5% |
| Income taxes | 67/77 | €49,608 | €40,524 | -€9,084 | -18.3% |
| Profit (loss) for the period | 9904 | €110,448 | €89,918 | -€20,529 | -18.6% |
| Profit (loss) for the period to be appropriated | 9905 | €110,448 | €89,918 | -€20,529 | -18.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.