Husly: 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.
Husly
Largest movements
- Receivables within one year -€183,695
down €183,695 (-47.4%), from €387,752 to €204,057
- Cash +€70,926
up €70,926 (+187%), from €37,936 to €108,862
mainly Receivables within one year (+€183,695) and Accrued charges and deferred income (+€66,099)
- Stocks and contracts -€41,772
down €41,772 (-23.0%), from €181,806 to €140,034
- Tangible fixed assets +€34,296
up €34,296 (+173%), from €19,846 to €54,142
of which Furniture and vehicles: +€25,870
- Trade debts -€177,216
down €177,216 (-78.5%), from €225,736 to €48,520
- Accrued charges and deferred income +€66,099
new in 2025: €66,099
- Debts after one year -€44,950
down €44,950 (-15.0%), from €300,000 to €255,050
- Tax, wage and social debts +€26,422
up €26,422 (+60.3%), from €43,847 to €70,269
of which Remuneration and social security: +€18,196
- Current portion of long-term debt +€10,152
new in 2025: €10,152
- Staff costs +€37,207
up €37,207 (+18.0%), from €206,904 to €244,111
- Gross operating margin -€22,982
down €22,982 (-7.5%), from €306,829 to €283,847
- Taxes -€13,841
down €13,841 (-87.6%), from €15,794 to €1,953
- Depreciation +€9,065
up €9,065 (+85.5%), from €10,601 to €19,665
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 | €666,723 | €553,279 | -€113,444 | -17.0% |
| Fixed assets | 21/28 | €50,254 | €87,384 | +€37,130 | +73.9% |
| Intangible fixed assets | 21 | €30,408 | €30,642 | +€234 | +0.8% |
| Tangible fixed assets | 22/27 | €19,846 | €54,142 | +€34,296 | +173% |
| Plant, machinery and equipment | 23 | €17,318 | €25,744 | +€8,426 | +48.7% |
| Furniture and vehicles | 24 | €2,528 | €28,398 | +€25,870 | +1,024% |
| Financial fixed assets | 28 | - | €2,600 | +€2,600 | |
| Current assets | 29/58 | €616,469 | €465,895 | -€150,575 | -24.4% |
| Stocks and contracts in progress | 3 | €181,806 | €140,034 | -€41,772 | -23.0% |
| Stocks | 30/36 | €181,806 | €140,034 | -€41,772 | -23.0% |
| Amounts receivable within one year | 40/41 | €387,752 | €204,057 | -€183,695 | -47.4% |
| Trade receivables | 40 | €387,752 | €204,057 | -€183,695 | -47.4% |
| Cash at bank and in hand | 54/58 | €37,936 | €108,862 | +€70,926 | +187% |
| Deferred charges and accrued income | 490/1 | €8,975 | €12,941 | +€3,967 | +44.2% |
| Total equity and liabilities | 10/49 | €666,723 | €553,279 | -€113,444 | -17.0% |
| Equity | 10/15 | €97,102 | €103,032 | +€5,931 | +6.1% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Contributions outside capital | 11 | €40,000 | €40,000 | = | 0.0% |
| Other | 1109/19 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €57,102 | €63,032 | +€5,931 | +10.4% |
| Distributable reserves | 133 | €57,102 | €63,032 | +€5,931 | +10.4% |
| Amounts payable | 17/49 | €569,621 | €450,246 | -€119,375 | -21.0% |
| Amounts payable after more than one year | 17 | €300,000 | €255,050 | -€44,950 | -15.0% |
| Financial debts | 170/4 | €300,000 | €255,050 | -€44,950 | -15.0% |
| Amounts payable within one year | 42/48 | €269,621 | €129,097 | -€140,524 | -52.1% |
| Current portion of amounts payable after more than one year | 42 | - | €10,152 | +€10,152 | |
| Trade debts | 44 | €225,736 | €48,520 | -€177,216 | -78.5% |
| Suppliers | 440/4 | €225,736 | €48,520 | -€177,216 | -78.5% |
| Taxes, remuneration and social security | 45 | €43,847 | €70,269 | +€26,422 | +60.3% |
| Taxes | 450/3 | €34,092 | €42,318 | +€8,226 | +24.1% |
| Remuneration and social security | 454/9 | €9,755 | €27,951 | +€18,196 | +187% |
| Other amounts payable | 47/48 | €38 | €156 | +€119 | +316% |
| Accrued charges and deferred income | 492/3 | - | €66,099 | +€66,099 | |
| Remuneration, social security and pensions | 62 | €206,904 | €244,111 | +€37,207 | +18.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,601 | €19,665 | +€9,065 | +85.5% |
| Other operating charges | 640/8 | €2,441 | €485 | -€1,957 | -80.1% |
| Gross operating margin | 9900 | €306,829 | €283,847 | -€22,982 | -7.5% |
| Operating profit (loss) | 9901 | €86,883 | €19,586 | -€67,297 | -77.5% |
| Financial income | 75/76B | €1,067 | €1,498 | +€431 | +40.4% |
| Recurring financial income | 75 | €1,067 | €1,498 | +€431 | +40.4% |
| Financial charges | 65/66B | €15,055 | €13,200 | -€1,854 | -12.3% |
| Recurring financial charges | 65 | €15,055 | €13,200 | -€1,854 | -12.3% |
| Profit (loss) for the period before taxes | 9903 | €72,896 | €7,884 | -€65,012 | -89.2% |
| Income taxes | 67/77 | €15,794 | €1,953 | -€13,841 | -87.6% |
| Profit (loss) for the period | 9904 | €57,102 | €5,931 | -€51,171 | -89.6% |
| Profit (loss) for the period to be appropriated | 9905 | €57,102 | €5,931 | -€51,171 | -89.6% |
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.