HUTIMO: 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.
HUTIMO
Largest movements
- Current investments -€56,552
down €56,552 (-37.3%), from €151,809 to €95,257
- Tangible fixed assets +€27,345
up €27,345 (+107.5%), from €25,426 to €52,771
- Cash -€17,240
down €17,240 (-85.8%), from €20,096 to €2,856
mainly Investment in fixed assets (net) (-€41,813) and Tax, wage and social debts (-€34,859)
- Receivables within one year +€14,724
up €14,724 (+10.1%), from €145,733 to €160,457
of which Other amounts receivable: +€15,676
- Receivables after one year -€9,500
down €9,500 (-16.7%), from €57,000 to €47,500
- Tax, wage and social debts -€34,859
down €34,859 (-72.2%), from €48,306 to €13,447
of which Taxes: -€33,025
- Profit (loss) carried forward -€21,526
down €21,526 (-8.9%), from €242,025 to €220,498
- Debts after one year +€12,682
up €12,682 (+161.0%), from €7,875 to €20,557
- Current portion of long-term debt +€4,749
up €4,749 (+105.5%), from €4,500 to €9,249
- Gross operating margin -€149,473
down €149,473 (-80.7%), from €185,265 to €35,793
- Taxes -€37,216
down €37,216, from €37,208 to -€7
- Financial income +€9,547
up €9,547 (+508.4%), from €1,878 to €11,425
of which Non-recurring financial income: +€8,391
- Depreciation +€5,798
up €5,798 (+66.9%), from €8,670 to €14,468
- Staff costs -€2,328
down €2,328 (-5.6%), from €41,935 to €39,606
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.
Cash bridge derived
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 | €409,216 | €368,876 | -€40,341 | -9.9% |
| Fixed assets | 21/28 | €25,778 | €53,123 | +€27,345 | +106.1% |
| Tangible fixed assets | 22/27 | €25,426 | €52,771 | +€27,345 | +107.5% |
| Furniture and vehicles | 24 | €25,426 | €52,771 | +€27,345 | +107.5% |
| Financial fixed assets | 28 | €352 | €352 | = | 0.0% |
| Current assets | 29/58 | €383,438 | €315,753 | -€67,685 | -17.7% |
| Amounts receivable after more than one year | 29 | €57,000 | €47,500 | -€9,500 | -16.7% |
| Other amounts receivable | 291 | €57,000 | €47,500 | -€9,500 | -16.7% |
| Amounts receivable within one year | 40/41 | €145,733 | €160,457 | +€14,724 | +10.1% |
| Trade receivables | 40 | €35,044 | €34,093 | -€952 | -2.7% |
| Other amounts receivable | 41 | €110,688 | €126,364 | +€15,676 | +14.2% |
| Current investments | 50/53 | €151,809 | €95,257 | -€56,552 | -37.3% |
| Cash at bank and in hand | 54/58 | €20,096 | €2,856 | -€17,240 | -85.8% |
| Deferred charges and accrued income | 490/1 | €8,801 | €9,683 | +€882 | +10.0% |
| Total equity and liabilities | 10/49 | €409,216 | €368,876 | -€40,341 | -9.9% |
| Equity | 10/15 | €320,225 | €298,698 | -€21,526 | -6.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €16,200 | €16,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €242,025 | €220,498 | -€21,526 | -8.9% |
| Amounts payable | 17/49 | €88,992 | €70,177 | -€18,814 | -21.1% |
| Amounts payable after more than one year | 17 | €7,875 | €20,557 | +€12,682 | +161.0% |
| Financial debts | 170/4 | €7,875 | €20,557 | +€12,682 | +161.0% |
| Amounts payable within one year | 42/48 | €81,117 | €49,620 | -€31,497 | -38.8% |
| Current portion of amounts payable after more than one year | 42 | €4,500 | €9,249 | +€4,749 | +105.5% |
| Trade debts | 44 | €7,485 | €8,754 | +€1,269 | +16.9% |
| Suppliers | 440/4 | €7,485 | €8,754 | +€1,269 | +16.9% |
| Taxes, remuneration and social security | 45 | €48,306 | €13,447 | -€34,859 | -72.2% |
| Taxes | 450/3 | €40,513 | €7,488 | -€33,025 | -81.5% |
| Remuneration and social security | 454/9 | €7,793 | €5,959 | -€1,834 | -23.5% |
| Other amounts payable | 47/48 | €20,825 | €18,170 | -€2,655 | -12.7% |
| Remuneration, social security and pensions | 62 | €41,935 | €39,606 | -€2,328 | -5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,670 | €14,468 | +€5,798 | +66.9% |
| Other operating charges | 640/8 | €2,617 | €2,595 | -€22 | -0.8% |
| Gross operating margin | 9900 | €185,265 | €35,793 | -€149,473 | -80.7% |
| Operating profit (loss) | 9901 | €132,044 | -€20,877 | -€152,921 | |
| Financial income | 75/76B | €1,878 | €11,425 | +€9,547 | +508.4% |
| Recurring financial income | 75 | €1,878 | €3,034 | +€1,156 | +61.6% |
| Non-recurring financial income | 76B | - | €8,391 | +€8,391 | |
| Financial charges | 65/66B | €601 | €1,281 | +€680 | +113.2% |
| Recurring financial charges | 65 | €601 | €1,281 | +€680 | +113.2% |
| Profit (loss) for the period before taxes | 9903 | €133,321 | -€10,734 | -€144,055 | |
| Income taxes | 67/77 | €37,208 | -€7 | -€37,216 | |
| Profit (loss) for the period | 9904 | €96,113 | -€10,726 | -€106,839 | |
| Profit (loss) for the period to be appropriated | 9905 | €96,113 | -€10,726 | -€106,839 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.