HUVELLE: 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.
HUVELLE
Largest movements
- Receivables within one year -€15,410
down €15,410 (-51.3%), from €30,026 to €14,616
of which Trade receivables: -€10,481
- Tangible fixed assets -€9,905
down €9,905 (-6.2%), from €160,761 to €150,856
of which Land and buildings: -€8,910
- Trade debts -€15,609
down €15,609 (-85.1%), from €18,338 to €2,728
- Debts after one year -€13,584
down €13,584 (-18.9%), from €71,830 to €58,246
- Other debts -€5,469
down €5,469 (-48.0%), from €11,384 to €5,915
- Short-term financial debts -€5,091
down €5,091 (-100%), from €5,091 to €0
- Profit (loss) carried forward +€5,020
up €5,020 (+21.9%), from €22,879 to €27,899
- Gross operating margin +€26,430
up €26,430, from -€5,347 to €21,083
- Taxes -€10,045
down €10,045 (-97.8%), from €10,271 to €226
- Depreciation -€3,836
down €3,836 (-27.9%), from €13,742 to €9,905
- Other operating charges +€1,067
up €1,067 (+49.4%), from €2,160 to €3,227
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €191,748 | €166,324 | -€25,424 | -13.3% |
| Fixed assets | 21/28 | €160,761 | €150,856 | -€9,905 | -6.2% |
| Tangible fixed assets | 22/27 | €160,761 | €150,856 | -€9,905 | -6.2% |
| Land and buildings | 22 | €158,400 | €149,490 | -€8,910 | -5.6% |
| Furniture and vehicles | 24 | €2,361 | €1,366 | -€995 | -42.2% |
| Current assets | 29/58 | €30,987 | €15,469 | -€15,518 | -50.1% |
| Amounts receivable within one year | 40/41 | €30,026 | €14,616 | -€15,410 | -51.3% |
| Trade receivables | 40 | €16,805 | €6,324 | -€10,481 | -62.4% |
| Other amounts receivable | 41 | €13,221 | €8,292 | -€4,929 | -37.3% |
| Cash at bank and in hand | 54/58 | €0 | €363 | +€363 | +1,209,200% |
| Deferred charges and accrued income | 490/1 | €961 | €490 | -€471 | -49.0% |
| Total equity and liabilities | 10/49 | €191,748 | €166,324 | -€25,424 | -13.3% |
| Equity | 10/15 | €43,284 | €48,304 | +€5,020 | +11.6% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,879 | €27,899 | +€5,020 | +21.9% |
| Amounts payable | 17/49 | €148,464 | €118,020 | -€30,443 | -20.5% |
| Amounts payable after more than one year | 17 | €71,830 | €58,246 | -€13,584 | -18.9% |
| Financial debts | 170/4 | €71,830 | €58,246 | -€13,584 | -18.9% |
| Amounts payable within one year | 42/48 | €76,522 | €59,663 | -€16,859 | -22.0% |
| Current portion of amounts payable after more than one year | 42 | €13,331 | €13,584 | +€253 | +1.9% |
| Financial debts | 43 | €5,091 | €0 | -€5,091 | -100% |
| Credit institutions | 430/8 | €5,091 | €0 | -€5,091 | -100% |
| Trade debts | 44 | €18,338 | €2,728 | -€15,609 | -85.1% |
| Suppliers | 440/4 | €18,338 | €2,728 | -€15,609 | -85.1% |
| Advances received on contracts in progress | 46 | €27,480 | €31,580 | +€4,100 | +14.9% |
| Taxes, remuneration and social security | 45 | €899 | €5,856 | +€4,957 | +552% |
| Taxes | 450/3 | €899 | €5,856 | +€4,957 | +552% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €11,384 | €5,915 | -€5,469 | -48.0% |
| Accrued charges and deferred income | 492/3 | €112 | €112 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,742 | €9,905 | -€3,836 | -27.9% |
| Other operating charges | 640/8 | €2,160 | €3,227 | +€1,067 | +49.4% |
| Gross operating margin | 9900 | -€5,347 | €21,083 | +€26,430 | |
| Operating profit (loss) | 9901 | -€21,248 | €7,950 | +€29,199 | |
| Financial income | 75/76B | €70 | €0 | -€70 | -100% |
| Recurring financial income | 75 | €70 | €0 | -€70 | -100% |
| Financial charges | 65/66B | €2,603 | €2,705 | +€102 | +3.9% |
| Recurring financial charges | 65 | €2,603 | €2,705 | +€102 | +3.9% |
| Profit (loss) for the period before taxes | 9903 | -€23,781 | €5,246 | +€29,027 | |
| Income taxes | 67/77 | €10,271 | €226 | -€10,045 | -97.8% |
| Profit (loss) for the period | 9904 | -€34,052 | €5,020 | +€39,071 | |
| Profit (loss) for the period to be appropriated | 9905 | -€34,052 | €5,020 | +€39,071 |
Source: filed annual accounts (NBB), financial years ended 30 June 2022 and 30 June 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.