HUSSAINZAI: 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.
HUSSAINZAI
Largest movements
- Stocks and contracts +€13,604
up €13,604 (+51.5%), from €26,396 to €40,000
- Receivables within one year +€10,641
up €10,641 (+59.9%), from €17,775 to €28,416
of which Other amounts receivable: +€15,361
- Deferred charges and accrued income +€10,493
up €10,493 (+1,477%), from €711 to €11,204
- Tangible fixed assets +€1,483
up €1,483 (+3.3%), from €45,035 to €46,517
of which Land and buildings: +€8,581
- Cash +€1,456
up €1,456 (+107%), from €1,355 to €2,811
mainly Tax, wage and social debts (+€20,642) and Net result for the year (+€18,842)
- Reserves +€32,195
new in 2025: €32,195
- Tax, wage and social debts +€20,642
up €20,642 (+128%), from €16,109 to €36,751
of which Taxes: +€18,154
- Other debts -€19,088
down €19,088 (-100%), from €19,088 to €0
- Trade debts +€16,580
up €16,580 (+136%), from €12,222 to €28,802
- Profit (loss) carried forward -€13,353
down €13,353 (-100%), from €13,353 to €0
- Gross operating margin +€69,519
up €69,519 (+85.3%), from €81,473 to €150,992
- Staff costs +€43,450
up €43,450 (+89.3%), from €48,662 to €92,112
- Other operating charges +€15,273
up €15,273 (+320%), from €4,769 to €20,042
- Depreciation +€4,253
up €4,253 (+63.1%), from €6,736 to €10,990
- Taxes +€3,409
up €3,409 (+95.9%), from €3,554 to €6,963
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 | €98,772 | €136,448 | +€37,676 | +38.1% |
| Fixed assets | 21/28 | €52,535 | €54,017 | +€1,483 | +2.8% |
| Tangible fixed assets | 22/27 | €45,035 | €46,517 | +€1,483 | +3.3% |
| Land and buildings | 22 | - | €8,581 | +€8,581 | |
| Plant, machinery and equipment | 23 | €33,629 | €27,103 | -€6,526 | -19.4% |
| Furniture and vehicles | 24 | €11,406 | €8,833 | -€2,573 | -22.6% |
| Assets under construction and advance payments | 27 | - | €2,000 | +€2,000 | |
| Financial fixed assets | 28 | €7,500 | €7,500 | = | 0.0% |
| Current assets | 29/58 | €46,237 | €82,431 | +€36,193 | +78.3% |
| Stocks and contracts in progress | 3 | €26,396 | €40,000 | +€13,604 | +51.5% |
| Stocks | 30/36 | €26,396 | €40,000 | +€13,604 | +51.5% |
| Amounts receivable within one year | 40/41 | €17,775 | €28,416 | +€10,641 | +59.9% |
| Trade receivables | 40 | €16,770 | €12,049 | -€4,721 | -28.2% |
| Other amounts receivable | 41 | €1,006 | €16,367 | +€15,361 | +1,527% |
| Cash at bank and in hand | 54/58 | €1,355 | €2,811 | +€1,456 | +107% |
| Deferred charges and accrued income | 490/1 | €711 | €11,204 | +€10,493 | +1,477% |
| Total equity and liabilities | 10/49 | €98,772 | €136,448 | +€37,676 | +38.1% |
| Equity | 10/15 | €18,353 | €37,195 | +€18,842 | +103% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €32,195 | +€32,195 | |
| Distributable reserves | 133 | - | €32,195 | +€32,195 | |
| Profit (loss) carried forward | 14 | €13,353 | €0 | -€13,353 | -100% |
| Amounts payable | 17/49 | €80,419 | €99,253 | +€18,834 | +23.4% |
| Amounts payable within one year | 42/48 | €80,419 | €99,253 | +€18,834 | +23.4% |
| Current portion of amounts payable after more than one year | 42 | €33,000 | €33,700 | +€700 | +2.1% |
| Trade debts | 44 | €12,222 | €28,802 | +€16,580 | +136% |
| Suppliers | 440/4 | €12,222 | €28,802 | +€16,580 | +136% |
| Taxes, remuneration and social security | 45 | €16,109 | €36,751 | +€20,642 | +128% |
| Taxes | 450/3 | €6,245 | €24,399 | +€18,154 | +291% |
| Remuneration and social security | 454/9 | €9,865 | €12,353 | +€2,488 | +25.2% |
| Other amounts payable | 47/48 | €19,088 | €0 | -€19,088 | -100% |
| Remuneration, social security and pensions | 62 | €48,662 | €92,112 | +€43,450 | +89.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,736 | €10,990 | +€4,253 | +63.1% |
| Other operating charges | 640/8 | €4,769 | €20,042 | +€15,273 | +320% |
| Gross operating margin | 9900 | €81,473 | €150,992 | +€69,519 | +85.3% |
| Operating profit (loss) | 9901 | €21,305 | €27,849 | +€6,543 | +30.7% |
| Financial income | 75/76B | €82 | €261 | +€180 | +220% |
| Recurring financial income | 75 | €82 | €261 | +€180 | +220% |
| Financial charges | 65/66B | €4,480 | €2,305 | -€2,175 | -48.5% |
| Recurring financial charges | 65 | €4,480 | €2,305 | -€2,175 | -48.5% |
| Profit (loss) for the period before taxes | 9903 | €16,907 | €25,805 | +€8,897 | +52.6% |
| Income taxes | 67/77 | €3,554 | €6,963 | +€3,409 | +95.9% |
| Profit (loss) for the period | 9904 | €13,353 | €18,842 | +€5,489 | +41.1% |
| Profit (loss) for the period to be appropriated | 9905 | €13,353 | €18,842 | +€5,489 | +41.1% |
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 19 October 2026 via checked.be.