IMMO HUBERT A: 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.
IMMO HUBERT A
Largest movements
- Cash -€5,724
down €5,724 (-74.3%), from €7,701 to €1,977
mainly Debts after one year (-€15,087) and Trade debts (-€5,416)
- Debts after one year -€15,087
down €15,087 (-10.2%), from €147,299 to €132,212
- Tax, wage and social debts +€9,080
up €9,080 (+103%), from €8,827 to €17,907
of which Remuneration and social security: +€10,009
- Trade debts -€5,416
down €5,416 (-70.1%), from €7,727 to €2,311
- Profit (loss) carried forward +€2,052
up €2,052 (+48.7%), from €4,215 to €6,267
- Gross operating margin -€4,821
down €4,821 (-34.7%), from €13,878 to €9,057
- Depreciation -€3,394
no longer reported in 2025 (was €3,394)
- Financial charges +€1,665
up €1,665 (+36.6%), from €4,554 to €6,219
- Taxes -€929
down €929 (-54.2%), from €1,715 to €786
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 | €197,699 | €190,383 | -€7,317 | -3.7% |
| Fixed assets | 21/28 | €180,000 | €180,056 | +€56 | 0.0% |
| Financial fixed assets | 28 | €180,000 | €180,056 | +€56 | 0.0% |
| Current assets | 29/58 | €17,699 | €10,326 | -€7,373 | -41.7% |
| Amounts receivable within one year | 40/41 | €9,998 | €8,349 | -€1,649 | -16.5% |
| Trade receivables | 40 | €9,998 | €8,349 | -€1,649 | -16.5% |
| Cash at bank and in hand | 54/58 | €7,701 | €1,977 | -€5,724 | -74.3% |
| Total equity and liabilities | 10/49 | €197,699 | €190,383 | -€7,317 | -3.7% |
| Equity | 10/15 | €19,215 | €21,267 | +€2,052 | +10.7% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,215 | €6,267 | +€2,052 | +48.7% |
| Amounts payable | 17/49 | €178,484 | €169,116 | -€9,369 | -5.2% |
| Amounts payable after more than one year | 17 | €147,299 | €132,212 | -€15,087 | -10.2% |
| Financial debts | 170/4 | €147,299 | €132,212 | -€15,087 | -10.2% |
| Amounts payable within one year | 42/48 | €31,185 | €36,904 | +€5,719 | +18.3% |
| Current portion of amounts payable after more than one year | 42 | €14,512 | €15,087 | +€575 | +4.0% |
| Trade debts | 44 | €7,727 | €2,311 | -€5,416 | -70.1% |
| Suppliers | 440/4 | €7,727 | €2,311 | -€5,416 | -70.1% |
| Taxes, remuneration and social security | 45 | €8,827 | €17,907 | +€9,080 | +103% |
| Taxes | 450/3 | €6,035 | €5,107 | -€929 | -15.4% |
| Remuneration and social security | 454/9 | €2,791 | €12,800 | +€10,009 | +359% |
| Other amounts payable | 47/48 | €120 | €1,599 | +€1,479 | +1,236% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,394 | - | -€3,394 | |
| Gross operating margin | 9900 | €13,878 | €9,057 | -€4,821 | -34.7% |
| Operating profit (loss) | 9901 | €10,484 | €9,057 | -€1,426 | -13.6% |
| Financial charges | 65/66B | €4,554 | €6,219 | +€1,665 | +36.6% |
| Recurring financial charges | 65 | €4,554 | €6,219 | +€1,665 | +36.6% |
| Profit (loss) for the period before taxes | 9903 | €5,930 | €2,838 | -€3,092 | -52.1% |
| Income taxes | 67/77 | €1,715 | €786 | -€929 | -54.2% |
| Profit (loss) for the period | 9904 | €4,215 | €2,052 | -€2,163 | -51.3% |
| Profit (loss) for the period to be appropriated | 9905 | €4,215 | €2,052 | -€2,163 | -51.3% |
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 13 October 2026 via checked.be.