HUSTINGS MANAGEMENT: 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.
HUSTINGS MANAGEMENT
Largest movements
- Receivables within one year +€34,923
up €34,923 (+21.2%), from €164,503 to €199,427
of which Other amounts receivable: +€23,201
- Reserves +€62,851
up €62,851 (+10.8%), from €581,700 to €644,551
- Other debts -€24,049
down €24,049 (-59.0%), from €40,746 to €16,697
- Gross operating margin +€13,297
up €13,297 (+17.9%), from €74,384 to €87,681
- Taxes +€3,880
up €3,880 (+18.3%), from €21,201 to €25,081
- Financial charges +€1,419
up €1,419 (+116%), from €1,227 to €2,647
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 | €654,228 | €692,765 | +€38,537 | +5.9% |
| Fixed assets | 21/28 | €474,850 | €474,850 | = | 0.0% |
| Financial fixed assets | 28 | €474,850 | €474,850 | = | 0.0% |
| Current assets | 29/58 | €179,378 | €217,915 | +€38,537 | +21.5% |
| Amounts receivable within one year | 40/41 | €164,503 | €199,427 | +€34,923 | +21.2% |
| Trade receivables | 40 | €26,820 | €38,543 | +€11,723 | +43.7% |
| Other amounts receivable | 41 | €137,683 | €160,883 | +€23,201 | +16.9% |
| Cash at bank and in hand | 54/58 | €14,095 | €16,561 | +€2,466 | +17.5% |
| Deferred charges and accrued income | 490/1 | €779 | €1,927 | +€1,148 | +147% |
| Total equity and liabilities | 10/49 | €654,228 | €692,765 | +€38,537 | +5.9% |
| Equity | 10/15 | €594,308 | €657,159 | +€62,851 | +10.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €581,700 | €644,551 | +€62,851 | +10.8% |
| Distributable reserves | 133 | €581,700 | €644,551 | +€62,851 | +10.8% |
| Profit (loss) carried forward | 14 | €208 | €208 | = | 0.0% |
| Amounts payable | 17/49 | €59,920 | €35,607 | -€24,314 | -40.6% |
| Amounts payable within one year | 42/48 | €58,665 | €33,256 | -€25,409 | -43.3% |
| Trade debts | 44 | €48 | €2,773 | +€2,725 | +5,697% |
| Suppliers | 440/4 | €48 | €2,773 | +€2,725 | +5,697% |
| Taxes, remuneration and social security | 45 | €17,871 | €13,785 | -€4,086 | -22.9% |
| Taxes | 450/3 | €17,871 | €13,785 | -€4,086 | -22.9% |
| Other amounts payable | 47/48 | €40,746 | €16,697 | -€24,049 | -59.0% |
| Accrued charges and deferred income | 492/3 | €1,255 | €2,351 | +€1,096 | +87.3% |
| Other operating charges | 640/8 | €700 | €718 | +€17 | +2.5% |
| Gross operating margin | 9900 | €74,384 | €87,681 | +€13,297 | +17.9% |
| Operating profit (loss) | 9901 | €73,684 | €86,964 | +€13,280 | +18.0% |
| Financial income | 75/76B | €3,224 | €3,615 | +€392 | +12.2% |
| Recurring financial income | 75 | €3,224 | €3,615 | +€392 | +12.2% |
| Financial charges | 65/66B | €1,227 | €2,647 | +€1,419 | +116% |
| Recurring financial charges | 65 | €1,227 | €2,647 | +€1,419 | +116% |
| Profit (loss) for the period before taxes | 9903 | €75,680 | €87,932 | +€12,252 | +16.2% |
| Income taxes | 67/77 | €21,201 | €25,081 | +€3,880 | +18.3% |
| Profit (loss) for the period | 9904 | €54,478 | €62,851 | +€8,372 | +15.4% |
| Profit (loss) for the period to be appropriated | 9905 | €54,478 | €62,851 | +€8,372 | +15.4% |
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 27 October 2026 via checked.be.