HUTRX: 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.
HUTRX
Largest movements
- Current investments +€24,000
up €24,000 (+34.0%), from €70,500 to €94,499
- Tangible fixed assets -€11,200
down €11,200 (-80.9%), from €13,844 to €2,645
of which Furniture and vehicles: -€10,862
- Receivables within one year -€6,281
down €6,281 (-42.6%), from €14,740 to €8,459
of which Other amounts receivable: -€6,359
- Reserves +€49,686
up €49,686 (+43.4%), from €114,509 to €164,196
- Other debts -€44,508
down €44,508 (-59.7%), from €74,511 to €30,002
- Gross operating margin -€51,452
down €51,452 (-39.7%), from €129,453 to €78,002
- Taxes -€7,777
down €7,777 (-30.2%), from €25,728 to €17,951
- Depreciation -€1,557
down €1,557 (-12.2%), from €12,757 to €11,200
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 | €196,440 | €201,703 | +€5,264 | +2.7% |
| Fixed assets | 21/28 | €13,844 | €2,645 | -€11,200 | -80.9% |
| Tangible fixed assets | 22/27 | €13,844 | €2,645 | -€11,200 | -80.9% |
| Land and buildings | 22 | €2,529 | €2,192 | -€337 | -13.3% |
| Furniture and vehicles | 24 | €11,315 | €453 | -€10,862 | -96.0% |
| Current assets | 29/58 | €182,595 | €199,059 | +€16,463 | +9.0% |
| Amounts receivable within one year | 40/41 | €14,740 | €8,459 | -€6,281 | -42.6% |
| Trade receivables | 40 | €940 | €1,018 | +€78 | +8.3% |
| Other amounts receivable | 41 | €13,800 | €7,441 | -€6,359 | -46.1% |
| Current investments | 50/53 | €70,500 | €94,499 | +€24,000 | +34.0% |
| Cash at bank and in hand | 54/58 | €95,780 | €94,335 | -€1,445 | -1.5% |
| Deferred charges and accrued income | 490/1 | €1,575 | €1,765 | +€190 | +12.0% |
| Total equity and liabilities | 10/49 | €196,440 | €201,703 | +€5,264 | +2.7% |
| Equity | 10/15 | €119,509 | €169,196 | +€49,686 | +41.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €114,509 | €164,196 | +€49,686 | +43.4% |
| Distributable reserves | 133 | €114,509 | €164,196 | +€49,686 | +43.4% |
| Amounts payable | 17/49 | €76,930 | €32,508 | -€44,422 | -57.7% |
| Amounts payable within one year | 42/48 | €76,930 | €32,508 | -€44,422 | -57.7% |
| Trade debts | 44 | €444 | €529 | +€86 | +19.3% |
| Suppliers | 440/4 | €444 | €529 | +€86 | +19.3% |
| Taxes, remuneration and social security | 45 | €1,976 | €1,976 | = | 0.0% |
| Taxes | 450/3 | €1,976 | €1,976 | = | 0.0% |
| Other amounts payable | 47/48 | €74,511 | €30,002 | -€44,508 | -59.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,757 | €11,200 | -€1,557 | -12.2% |
| Other operating charges | 640/8 | €747 | €400 | -€348 | -46.5% |
| Gross operating margin | 9900 | €129,453 | €78,002 | -€51,452 | -39.7% |
| Operating profit (loss) | 9901 | €115,949 | €66,402 | -€49,547 | -42.7% |
| Financial income | 75/76B | €1,762 | €1,307 | -€455 | -25.8% |
| Recurring financial income | 75 | €1,762 | €1,307 | -€455 | -25.8% |
| Financial charges | 65/66B | €213 | €72 | -€141 | -66.1% |
| Recurring financial charges | 65 | €213 | €72 | -€141 | -66.1% |
| Profit (loss) for the period before taxes | 9903 | €117,498 | €67,637 | -€49,861 | -42.4% |
| Income taxes | 67/77 | €25,728 | €17,951 | -€7,777 | -30.2% |
| Profit (loss) for the period | 9904 | €91,769 | €49,686 | -€42,083 | -45.9% |
| Profit (loss) for the period to be appropriated | 9905 | €91,769 | €49,686 | -€42,083 | -45.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.