HUVA - SYSTEMS: 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.
HUVA - SYSTEMS
Largest movements
- Cash +€189,457
up €189,457 (+34.5%), from €549,611 to €739,067
mainly Net result for the year (+€187,667) and Receivables within one year (+€40,502)
- Receivables within one year -€40,502
down €40,502 (-28.8%), from €140,502 to €100,000
- Tangible fixed assets -€25,363
down €25,363 (-8.4%), from €302,500 to €277,137
of which Land and buildings: -€28,300
- Reserves +€185,000
up €185,000 (+34.0%), from €543,360 to €728,360
- Tax, wage and social debts -€33,312
down €33,312 (-36.8%), from €90,421 to €57,110
- Other debts -€31,000
down €31,000 (-95.1%), from €32,600 to €1,600
- Gross operating margin -€38,031
down €38,031 (-10.8%), from €350,744 to €312,713
- Taxes -€12,708
down €12,708 (-12.5%), from €101,913 to €89,205
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 | €995,628 | €1,119,004 | +€123,376 | +12.4% |
| Fixed assets | 21/28 | €302,500 | €277,137 | -€25,363 | -8.4% |
| Tangible fixed assets | 22/27 | €302,500 | €277,137 | -€25,363 | -8.4% |
| Land and buildings | 22 | €302,500 | €274,200 | -€28,300 | -9.4% |
| Plant, machinery and equipment | 23 | - | €2,188 | +€2,188 | |
| Furniture and vehicles | 24 | - | €749 | +€749 | |
| Current assets | 29/58 | €693,128 | €841,867 | +€148,739 | +21.5% |
| Amounts receivable within one year | 40/41 | €140,502 | €100,000 | -€40,502 | -28.8% |
| Other amounts receivable | 41 | €140,502 | €100,000 | -€40,502 | -28.8% |
| Cash at bank and in hand | 54/58 | €549,611 | €739,067 | +€189,457 | +34.5% |
| Deferred charges and accrued income | 490/1 | €3,015 | €2,800 | -€215 | -7.1% |
| Total equity and liabilities | 10/49 | €995,628 | €1,119,004 | +€123,376 | +12.4% |
| Equity | 10/15 | €872,607 | €1,058,674 | +€186,067 | +21.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €543,360 | €728,360 | +€185,000 | +34.0% |
| Distributable reserves | 133 | €543,360 | €728,360 | +€185,000 | +34.0% |
| Profit (loss) carried forward | 14 | €316,847 | €317,914 | +€1,067 | +0.3% |
| Amounts payable | 17/49 | €123,021 | €60,330 | -€62,691 | -51.0% |
| Amounts payable within one year | 42/48 | €123,021 | €60,330 | -€62,691 | -51.0% |
| Trade debts | 44 | - | €1,621 | +€1,621 | |
| Suppliers | 440/4 | - | €1,621 | +€1,621 | |
| Taxes, remuneration and social security | 45 | €90,421 | €57,110 | -€33,312 | -36.8% |
| Taxes | 450/3 | €90,421 | €57,110 | -€33,312 | -36.8% |
| Other amounts payable | 47/48 | €32,600 | €1,600 | -€31,000 | -95.1% |
| Non-recurring operating income | 76A | €1,600 | €0 | -€1,600 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,300 | €28,463 | +€163 | +0.6% |
| Other operating charges | 640/8 | €11,468 | €11,609 | +€142 | +1.2% |
| Gross operating margin | 9900 | €350,744 | €312,713 | -€38,031 | -10.8% |
| Operating profit (loss) | 9901 | €310,977 | €272,642 | -€38,335 | -12.3% |
| Financial income | 75/76B | €3,796 | €4,387 | +€591 | +15.6% |
| Recurring financial income | 75 | €3,796 | €4,387 | +€591 | +15.6% |
| Financial charges | 65/66B | €144 | €156 | +€12 | +8.3% |
| Recurring financial charges | 65 | €144 | €156 | +€12 | +8.3% |
| Profit (loss) for the period before taxes | 9903 | €314,629 | €276,873 | -€37,756 | -12.0% |
| Income taxes | 67/77 | €101,913 | €89,205 | -€12,708 | -12.5% |
| Profit (loss) for the period | 9904 | €212,716 | €187,667 | -€25,048 | -11.8% |
| Profit (loss) for the period to be appropriated | 9905 | €212,716 | €187,667 | -€25,048 | -11.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.